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Olney 20832
4505 PRESTWOOD DRIVE
$661,000
● House - Off Market

4505 PRESTWOOD DRIVE

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,045 Ft²
$3,676
Est. Monthly
5.80%
Cap Rate

About This Property

This absolutely stunning 4 bedroom, 2.5 bathroom home has been meticulously updated from top to bottom. Upon entering you'll be met with a large foyer, opening to a spacious, bright living room. The eat-in kitchen, which was updated in 2022, features abundant storage options, stainless steel appliances including a double oven, and quartz countertops. Connecting the living room and kitchen is a formal dining room which leads to the massive screened in porch, perfect for 3-season entertaining. Upstairs is a spacious primary suite with walk-in closet and primary bathroom, updated in 2020 with dual vanity and a large shower. Three additional bedrooms complete the upper level as well as another full bathroom, updated in 2023. Downstairs you'll find an oversized family room  centered around a gas fireplace. There is an additional laundry/storage room with built-in cabinets and shelves for all your storage needs. The connecting utility room also has storage space. Out back, as you exit the screened-in porch, you can continue to entertain on the patio which looks out on the quarter acre lot complete with playground equipment and storage shed. This beautiful home is located in the heart of Olney Acres, giving easy access to all of Olney's shopping, restaurant, and entertainment options as well as being a stone's throw from Rt 200, Rt 97, and Rt 108. Hurry, this stunning home won't last long!
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$318
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

Last updated: 4 months ago (Bright MLS #MDMC2199920)

Price History

Date / Event Date Event Price
Oct 10, 2025 Sold
Sold
Sep 24, 2025 In contract -
In contract
Sep 18, 2025 Listed by RE/MAX Realty Centre, Inc. $650,000
Listed by RE/MAX Realty Centre, Inc.
Jul 8, 2014 Sold
Sold
Nov 20, 2003 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,394
  • Total Building Area: 2,045
  • Gross Building Area: 2,045
  • Building Area: 2,045
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,045
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLNEY ACRES
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B005
  • Legal Description 1: OLNEY ACRES SEC 4

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701306

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HT32
  • Account Number: 00725298
  • District: 08
  • Section: 4
  • Parcel: 08-00725298
  • Block: N
  • Lot: 7
  • Latitude: 39.1487
  • Longitude: -77.0907

    Address

  • Full Address: 4505 Prestwood Dr
  • Address - House Number: 4505
  • Address - Street Name: Prestwood
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Olney
  • Carrier Code: R013
  • 4-Digit Zip Code: 2024
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,946

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 644,084
  • High Value: 737,923
  • Low Value: 550,244

    Market Valuation

  • Market Total Value: $493,800
  • Market Land Value: $199,500
  • Market Improvement Value: $294,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,400

    Sales

  • Current Sale Contract Date: Jun 26, 2014
  • Current Sale Recording Date: Jul 08, 2014
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 20, 2003
  • Previous Sale Amount: $359,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4603 Weston Place, OLNEY, MD, 20832

$3,495 /mo

  • 3 Beds
  • 3 Baths
  • 2,330 ft²
4603 Weston Place, OLNEY, MD, 20832 Listing by Karen D Rollings


Frequently Asked Questions

When was property at 4505 Prestwood Drive built and last sold?
The property at 4505 Prestwood Drive was built in 1971 and last sold on Jun 26, 2014 for $440,000.
How much is this home worth?
The estimated value of the home located at 4505 Prestwood Drive is $649,814.
What are some comparable homes to 4505 Prestwood Drive?
There are currently no comparable homes to 4505 Prestwood Drive.