See Home Value
Olney 20832
4918 DOWNLAND TERRACE
$1,022,550
● House - Off Market

4918 DOWNLAND TERRACE

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,682 Ft²
$5,719
Est. Monthly
$234
HOA / Fees

About This Property

EXCEPTIONAL in sought-after Norbeck Grove!  

This brick front beauty with a 3 car garage on a quiet street features top-of-the-line updates throughout. The main level offers a grand 2 story open foyer, living room, formal dining room, office with handsome custom cherry built-ins, renovated kitchen with state-of-the-art appliances/ elegant cabinets/Cambria Quartz countertops, spacious family room w/  gas fireplace, powder room and convenient mudroom. The extraordinary screened-in porch off the kitchen will be your new "go-to place".  

The upper level features a dynamic owner's suite with 2 full bathrooms (one with steam shower) & walk-in closets, 2nd bedroom with ensuite bathroom, spacious 3rd & 4th bedrooms, shared hall bathroom and convenient laundry room.

The walk-up lower level offers great living & storage space which includes a large recreation room with gas fireplace, full bathroom and 2 other finished rooms.

Updates & upgrades include a 30 year architectural shingle roof, 2 HVAC systems, hot water heater, whole house built-in steam humidifier & de-humidifier, hardwood flooring, water softener, kitchen reverse osmosis drinking water system and windows & doors. The landscaping also features lighting and an exterior sprinkler system  with a 2nd water meter hooked up so there are no additional sewer fees for water use on lawn.

A very special home that is a stone's throw from the heart of Olney, Rock Creek Park and the ICC. Norbeck Grove features community amenities that include a pool, tennis, tot lots, trails to Rock Creek Park and the list goes on!
Unit Size
4,682 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$208
Property Type
House
Property Taxes
$697
HOA Dues
$234
Year Built
1997

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Last updated: 4 months ago (Bright MLS #MDMC2109910)

Price History

Date / Event Date Event Price
Dec 7, 2023 Sold
Sold
Oct 23, 2023 In contract -
In contract
Oct 18, 2023 Listed by RE/MAX Realty Centre, Inc. $975,000
Listed by RE/MAX Realty Centre, Inc.
Jan 6, 1998 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 7
  • 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: 3
  • Basement Area: 1,000
  • Garage Type: 2
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 3,682
  • Gross Building Area: 3,682
  • Building Area: 3,682
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNESLEY MANOR ESTATES
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: BARNESLEY MANOR ESTATES

Neighborhood

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

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: HT23
  • Account Number: 03097270
  • District: 08
  • Parcel: 08-03097270
  • Block: B
  • Lot: 12
  • Latitude: 39.1539
  • Longitude: -77.1019

    Address

  • Full Address: 4918 Downland Ter
  • Address - House Number: 4918
  • Address - Street Name: Downland
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Olney
  • Carrier Code: R017
  • 4-Digit Zip Code: 3113
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767,209

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 96
  • Final Value: 976,827
  • High Value: 1,043,611
  • Low Value: 910,042

    Market Valuation

  • Market Total Value: $950,700
  • Market Land Value: $263,100
  • Market Improvement Value: $687,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $793,967

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 01, 1998
  • 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 4918 Downland Terrace built and last sold?
The property at 4918 Downland Terrace was built in 1997 and last sold on Dec 1, 2023 for $1,022,550.
How much is this home worth?
The estimated value of the home located at 4918 Downland Terrace is $1,003,849.
What are some comparable homes to 4918 Downland Terrace?
There are currently no comparable homes to 4918 Downland Terrace.