$429,000
3 Beds
4 Baths
2,324 SqFt
0.27 Acre Lot
11,761 Sqft Lot
Status Pending
Property Type Detached
Year Built 1973
Neighborhood Olney Square
Days on Website 296

Property Map

$429,000 – 3905 Gelding Lane, Olney, MD 20832

Street View

Courtesy of Karen D Rollings, EXP Realty, LLC.

Description

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!

Property Details and Features

Bathrooms

  • 4 total bathrooms
  • 1 bathroom on all lower levels
  • 1 bathroom on all upper levels
  • 2 bathrooms on main level
  • 4 full bathrooms
  • 2 full bathrooms on main level

Bedrooms

  • 3 bedrooms
  • 2 bedrooms on main level

House

  • 2,324 sqft living area
  • 2,324 sqft above grade (finished)
  • Built in 1973
  • Structure Type: Detached
  • 3 levels
  • Contemporary

Cooling

  • Central Air
  • Electric
  • Central A/C

Fireplaces

  • 1 fireplace

Heating

  • Electric
  • Heat Pump(s)

Listing

  • 6 days on market
  • $185 per sqft

Location

  • County: Montgomery
  • Subdivision: Olney Square

Lot

  • 11,838 sqft
  • 0.27 acres

Parking

  • 1 carport space

Property

  • Other Structures: Above Grade,Below Grade

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BELMONT
  • Middle School: ROSA M. PARKS
  • High School: SHERWOOD

Sewer

  • Public Sewer

Taxes

  • County Tax: $5,253
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $5,570
  • Tax Year: 2021

Utilities

  • Hot Water: Natural Gas

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