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Olney 20832
4201 E GELDING LANE
$699,988
● House - In Contract

4201 E GELDING LANE

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,903 Ft²
$3,999
Est. Monthly

About This Property

Buyers backed out is now your second chance at this amazing home!....Classic three-story colonial in the heart of sought-after Olney Square-where thoughtful updates and an inviting open layout create a home that feels both fresh and welcoming. Offering approximately 2,850 square feet across three levels, four spacious bedrooms, 2.5 baths, a two-car garage, and a generous 0.41-acre lot, this residence is move-in ready and full of everyday comfort.

The main level centers on a bright open floor plan. The dining room and family room flow together with new luxury vinyl plank flooring, recessed lighting, and a cozy fireplace, then open seamlessly into the updated kitchen featuring wood floors, new cabinetry, granite countertops, and stainless steel appliances. An office/hobby room and powder room complete this versatile main floor.

Upstairs, luxury vinyl plank flooring continues throughout. The primary suite offers a walk-in closet plus a second closet and a private en-suite bath with double vanity and shower. Three additional bedrooms and a full hall bath provide plenty of space for family or guests. The lower level adds flexible space ideal for recreation, storage, or future finishing.

Step outside to a spacious wood deck-perfect for private entertaining-just steps from the level backyard, ready for play, gardening, or quiet evenings. Major systems have been updated, including the roof, windows, siding, HVAC, and a complete electrical replacement throughout the home.

Located just steps from Olney Square Park and close to shopping, restaurants, top-rated schools, and major routes including the ICC, this updated colonial delivers the ideal blend of modern comfort and convenient location.
Unit Size
1,903 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$368
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1972

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Last updated: 21 days ago (Bright MLS #MDMC2252190)

Price History

Date / Event Date Event Price
Sep 17, 2026 In contract -
In contract
Sep 11, 2026 Relisted $649,900
Relisted
Sep 11, 2026 Price Increased $699,988
↑ $50K (7.7%)
Price Increased
Sep 2, 2026 In contract -
In contract
Aug 28, 2026 Listed by Compass $719,900
Listed by Compass
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Garage, Driveway, Asphalt Driveway, Paved Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Recessed Lighting, Walk-In Closet(s), Bathroom - Walk-In Shower, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Primary Bath(s), Upgraded Countertops, Wood Floors
Appliances: Dishwasher, Disposal, Dryer, Dryer, Exhaust Fan, Microwave, Oven, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
Flooring Type: Hardwood, Laminate
Rooms: 13
Has Fireplace
Fireplaces: 1
Basement: Partial, Unfinished
Exterior Details
Square Footage: 1903
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1972
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Features: Corner Lot, Level, Rear Yard
Lot Size Area: 17812
Lot Size Units: Square Feet
Lot Size Acres: 0.41
Lot Size Square Feet: 17812
Tax Lot: 11
Water Source: Public
Financial Details
Tax Assessed Value: $560,500
Tax Annual Amount: $6,736
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,812
  • Total Building Area: 1,903
  • Gross Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,903
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLNEY SQUARE
  • Land Acres: 0000000409
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: OLNEY SQUARE

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701312

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HT43
  • Account Number: 00766163
  • District: 08
  • Parcel: 08-00766163
  • Block: A
  • Lot: 11
  • Latitude: 39.1572
  • Longitude: -77.0831

    Address

  • Full Address: 4201 Gelding Ln
  • Address - House Number: 4201
  • Address - Street Name: Gelding
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Olney
  • Carrier Code: R004
  • 4-Digit Zip Code: 1708
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527,590
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 96
  • Final Value: 681,903
  • High Value: 728,524
  • Low Value: 635,283

    Market Valuation

  • Market Total Value: $538,700
  • Market Land Value: $284,700
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,567

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
  • Current Sale Document Type: 61
  • Previous Sale Recording Date: Jan 31, 2024
  • Previous Sale Contract Date: Jan 26, 2024
  • Previous Sale Amount: $649,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olney


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Frequently Asked Questions

When was property at 4201 Gelding Lane built and last sold?
The property at 4201 Gelding Lane was built in 1972 and last sold on Jan 26, 2024 for $649,900.
How much is this home worth?
The estimated value of the home located at 4201 Gelding Lane is $693,893.
What are some comparable homes to 4201 Gelding Lane?
There are currently no comparable homes to 4201 Gelding Lane.