3905 Gelding Lane

Olney, MD
$ 429,000 Beds 3 Baths 4 Sq 2,324
Monthly Estimate* How much can I afford?

If this home were fixed up, it could sell for $550,000. It needs a few things like paint, new flooring, new kitchen, new roof and the basement needs a face lift. But, it is a very cool layout with an owner's suite upstairs with it's own family room and bath. There is also an owner's suite on the main level with two more bedrooms. The baths need redoing as well. The outdoor space is really nice as well. It's a short sale so it will be a long sale. The owner does not want any visitors, but you may walk around the home and see if you like it. Once an offer is accepted, we can schedule an inspection and then you can see the inside. There are two mortgages; one with Shell point and the other an investor. The last sale fell through because the buyer got tired of waiting. I expect this will be a four month process. The negotiator is Leslie Nesley and the closing company will be Mainstreet Settlements. It's priced over $100,000 under market so it probably won't last!

Contingent

  • Price
  • $ 429,000
  • Lot Size
  • 11,761 SqFt
  • Bedrooms
  • 3
  • Sqr Footage
  • 2,324
  • Full Bathrooms
  • 4
  • Year Built
  • 1973
  • Half Bathrooms
  • 0
  • City, Zip
  • Olney
  • Taxes
  • 5570
  • County
  • MONTGOMERY
  • Style
  • Contemporary
  • Area
  • MLS#
  • MDMC707176
  • Zip
  • 20832
Listing Provided by: EXP Realty, LLC

Features

General

Accessibility None
Architectural Style Contemporary
Association Y/N No
Carport Spaces 1
Condo/Coop Association Y/N No
Construction Materials Other
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Elementary School BELMONT
Garage Y/N No
Heating Heat Pump(s)
High School SHERWOOD
High School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Junior High ROSA M. PARKS
Legal Subdivision OLNEY SQUARE
Levels 3
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 184.6
Property Type Residential
Real Estate Owned Y/N No
Senior Community Y/N No
Sewer Public Sewer
Structure Type Detached
Subdivision Name OLNEY SQUARE
Tax Year 2019
Vacation Rental Y/N No
Water Access Y/N No
Zoning R200

Interior Features

Above Grade Finished Area 2324
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Other
Basement Y/N Yes
Bathrooms Count All Lower Levels 1
Bathrooms Count All Upper Levels 1
Bathrooms Count Lower Level 1 1.00
Bathrooms Count Main Level 2.00
Bathrooms Count Upper Level 1 1.00
Bathrooms Full All Lower Levels 1
Bathrooms Full All Upper Levels 1
Bathrooms Full Lower Level 1 1
Bathrooms Full Main Level 2
Bathrooms Full Upper Level 1 1
Bedrooms Count All Upper Levels 1
Bedrooms Count Upper Level 1 1
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Full Baths 4
Heating Fuel Electric
Heating Y/N Yes
Hot Water Natural Gas
Living Area 2324
Main Level Bedrooms 2
Total Baths 4
Total Bedrooms 3
Total Fireplaces 1

Exterior Features

# Of Attached Carport Spaces 1
Lot Size Acres 0.27
Lot Size Source Assessor
Lot Size Square Feet 11838.00
Navigable Water Y/N No
Pool Y/N Yes - Community
Total Parking Spaces 1
Type of Parking Attached Carport, Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Columbia, MD office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Belmont Elementary School
Middle School Rosa M. Parks Middle School
High School Sherwood High School

Price History

5/13/2020 Listed $410,000

Property vs Zip Code Average in 20832

Price
AVG $490K
$430K
Taxes
AVG $4,631
$5,570
Visits
AVG 59
196
Year Built
AVG 1983
1973
Walkscore
AVG 44
38
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

3905 Gelding Lane Olney, MD is a Single Family Home for sale at $429000 with 2324 sqft and a lot size of 11,761 SqFt Acre(s). 3905 Gelding Lane Olney has 3 bedrooms, 4 baths and was built in 1973. The property's zip code is 20832 which is in Olney, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.