$865,000
SOLD OCT 18, 2024

2802 Fountain Grove Terrace Olney, MD 20832

5 Beds
3.5 Baths
2,910 Sq Ft
10,113 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Brooke Grove Elementary School Rated A
  • Colonial Architecture
  • Recreation Room

About This Home

As of October 2024

UNDER CONTRACT. Sparkling, immaculate and updated 5 bedroom, 3 1/2 bath colonial in James Creek with newer kitchen, screened porch and adjacent deck, and finished walkout basement on a nice cul-de-sac lot. The main level features hardwood floors throughout, and an updated gourmet kitchen with stainless appliances and granite countertops, which opens to an adjacent breakfast area and a spacious family room with fireplace. Enjoy pleasant evenings on the inviting rear screened porch and adjacent deck, which is shaded by mature trees on the rear lot line. The James Creek community boasts an outdoor summer swimming pool, tennis and pickleball courts. This home is near the heart of Olney, and is convenient to major grocery stores, shopping and restaurants. It is also close to the Olney Swim Center (year-round public indoor pool) and to the Intercounty Connector (ICC - MD Route 200).

Last Agent to Sell the Property

Eric Hough

Allied Realty License #89991

Last Buyer's Agent

Thomas Powers

Long & Foster Real Estate, Inc. License #316483

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,779

Year Built

  • Built in 1992

Lot Details

  • 10,113 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Screened Patio
  • Shed
  • Porch

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160802907638

Community Details

Overview

  • Association fees include trash, common area maintenance, reserve funds, pool(s), management
  • Village Of James Creek HOA
  • James Creek Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,779

Year Built

Built in 1992

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer and Refrigerator in Basement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-09-12
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: UNDER CONTRACT. Sparkling, immaculate and updated 5 bedroom, 3 1/2 bath colonial in James Creek with newer kitchen, screened porch and adjacent deck, and finished walkout basement on a nice cul-de-sac lot. The main level features hardwood floors throughout, and an updated gourmet kitchen with stainless appliances and granite countertops, which opens to an adjacent breakfast area and a spacious family room with fireplace. Enjoy pleasant evenings on the inviting rear screened porch and adjacent deck, which is shaded by mature trees on the rear lot line. The James Creek community boasts an outdoor summer swimming pool, tennis and pickleball courts. This home is near the heart of Olney, and is convenient to major grocery stores, shopping and restaurants. It is also close to the Olney Swim Center (year-round public indoor pool) and to the Intercounty Connector (ICC - MD Route 200).
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Icemaker, Dishwasher, Oven/Range - Electric, Microwave, Disposal
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Laundry, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Rear Entrance, Outside Entrance, Connecting Stairway
  • Laundry Type: Basement, Lower Floor
  • Total Sq Ft: 3380
  • Living Area Sq Ft: 2910
  • Price Per Sq Ft: 391.20
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 470
  • Total Below Grade Sq Ft: 1220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2802

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 56.98
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Trash, Common Area Maintenance, Reserve Funds, Pool(s), Management
  • HOA Name: VILLAGE OF JAMES CREEK
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROOKE GROVE
  • Middle School: WILLIAM H. FARQUHAR
  • High School: SHERWOOD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10113.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7779.00
  • Assessor Parcel Number: 160802907638
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2910
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $865,000 +2.4% $297 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $845,000 -- $290 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,779 $636,833 $0 $0
2023 $6,418 $580,700 $260,300 $320,400
2022 $4,633 $574,800 $0 $0
2021 $1,820 $568,900 $0 $0
2020 $1,820 $563,000 $260,300 $302,700
2019 $5,562 $538,367 $0 $0
2018 $5,293 $513,733 $0 $0
2017 $5,168 $489,100 $0 $0
2016 -- $483,400 $0 $0
2015 $5,914 $477,700 $0 $0
2014 $5,914 $472,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $215,900 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $865,000 Main Street Settlements
Deed $269,900 --
Deed $255,000 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2146712

Bright MLS

APN: 08-02907638