See Home Value
Olney 20832
4900 DOWNLAND TERRACE
$1,100,000
● House - Off Market

4900 DOWNLAND TERRACE

OLNEY, MD 20832
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,372 Ft²
$6,755
Est. Monthly
$280
HOA / Fees
2.70%
Cap Rate

About This Property

Best choice in popular Norbeck Grove, this impressive colonial sits on a quiet corner lot in the front section of the neighborhood.  On a cul de sac entrance, you'll experience minimal traffic and be a short walk to the pool and clubhouse. Original owners maintained and upgraded the property to minimize maintenance worries. Newer roof, HVAC, HWH, driveway resurface, professionally installed gardens, walkways, patio and deck with timed landscape lighting added. Regularly checked, cleaned and monitored, you will enjoy three bright and spacious living levels with a bedroom/office on main floor. Two story family room and large, eat-in kitchen provide great gathering spaces. Main level laundry and huge walk-in pantry add to the creature comforts that make this home great. Spacious bedrooms upstairs provide private retreats, with the Primary offering two custom organized walk-in closets. The sun-filled walk-out basement provides extra living space for multi-gen living or for overnight guests - with kitchen area, den/living room, eat-in space, storage/utility room, and craft/storage room. Complete with a full bath and two walk-out level doors to rear yard and gardens. Enjoy a quiet and pretty outdoor space with treed perimeter, lovely sunrise/sunset views, and access to sidewalk and cul de sac. Many more pleasant surprises within including electric blinds in FR, cedar closet and cabinet storage in basement, beautiful plantings and gardens, full front porch, and easy access deck off the kitchen for grilling, side load garage, and more! Enjoy community pool, clubhouse, tot lots, tennis and pickle ball courts, Rock Creek Park paths, and fun community activities. A shining star in the Olney community for over 25 years, you can be in for the holidays!
Unit Size
4,372 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$263
Property Type
House
Property Taxes
$827
HOA Dues
$280
Year Built
1998

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Last updated: 12 months ago (Bright MLS #MDMC2190896)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Sold
Sep 10, 2025 In contract -
In contract
Aug 29, 2025 Listed by Compass $1,150,000
Listed by Compass
Oct 28, 1998 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 800
  • Garage Type: 10
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,731
  • Total Building Area: 3,572
  • Gross Building Area: 3,572
  • Building Area: 3,572
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNSLEY MANOR ESTATES
  • Land Acres: 0000000315
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: BARNSLEY MANOR ESTATES

Neighborhood

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

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: HT22
  • Account Number: 03098478
  • District: 08
  • Parcel: 08-03098478
  • Block: A
  • Lot: 14
  • Latitude: 39.1532
  • Longitude: -77.0996

    Address

  • Full Address: 4900 Downland Ter
  • Address - House Number: 4900
  • Address - Street Name: Downland
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Olney
  • Carrier Code: R017
  • 4-Digit Zip Code: 3112
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $752,517

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 999,509
  • High Value: 1,144,495
  • Low Value: 854,523

    Market Valuation

  • Market Total Value: $881,600
  • Market Land Value: $271,600
  • Market Improvement Value: $610,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Oct 28, 1998
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 130256
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 4900 Downland Terrace built and last sold?
The property at 4900 Downland Terrace was built in 1998 and last sold on Jan 1, 1970 for $398,308.
How much is this home worth?
The estimated value of the home located at 4900 Downland Terrace is $0.
What are some comparable homes to 4900 Downland Terrace?
There are currently no comparable homes to 4900 Downland Terrace.