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Backup Offers

3501 Cherry Valley Dr, Olney, MD, 20832

$640,000

Home List Price

$7,600*

Closing Credit

3 Bedrooms
2 Full Baths
2,366 SqFt
$271/SqFt
House

Location

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3501 Cherry Valley Dr, Olney$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Inside Access, Oversized, Attached Garage, Driveway
Garage2 spaces
Year Built1964
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
MLS #MDMC2145738
Lot Size0.51 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 3501 Cherry Valley Dr

JUST REDUCED THE PRICE! This all brick 3 bed and 2 full bath home is located on 1/2 of acre and has never been sold. This custom built home was once featured in Better Homes and Garden Magazine in 1964. Enter the home through a beautiful portico with double front doors. The foyer has original tile imported from Italy and exquisite crown molding along with 2 large closets. The spacious living room has a 2 sided fireplace and expansive windows that give a great view of the backyard. The dining room is quite large with hardwood floors and a beautiful all brick fireplace. Sliding glass doors bring in natural light and a view of the pool in the backyard. The table space kitchen has plenty of cabinetry and a pass through to the dining room for easy entertaining. There is a 2nd entryway adjacent to the kitchen. This 2nd entryway features a patio that is perfect for relaxing with a cup of coffee outdoors. There is another room off the kitchen that was used as a home office and has many other options for use such as a mudroom, laundry room or over sized pantry. There is a large panelled room with a bay window and an inside entrance to the oversized garage. The 3 bedrooms and 2 full baths are tucked away from the main living area. There is a washer and dryer conveniently located in the bedroom wing. The backyard has an expansive deck and pool for entertaining. There is also a large shed for storage. The oversized garage with circular driveway provide plenty of room for multiple cars and parking for guests. Newer Roof (2017). This one level home is located on 1/2 acre with NO HOA and is within walking distance to Roots, Starbuck and Sisters Sandwhich Shop. Close to the heart of Olney as well as Route 200 and Georgia Avenue. This home has so many possiblilites for its new owner and its convenient location to shops, restaurants and commuter routes can't be beat. Home is being sold "As Is".

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1964
  • Stories: 1
  • Living Area: 2,366 SqFt

Listing Office:

  • Office Name: Real Broker, LLC - Gaithersburg
  • Office Phone: (855) 450-0442
  • Listing Agent: Diane W Rioux

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Inside Access, Oversized, Attached Garage, Driveway

Virtual/3D Tour

  • 3D Tour: 3501 Cherry Valley Dr
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: GPS - Corner of Georgia and Cherry Valley Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $271/SqFt

Tax Information:

  • Annual Amount: $5,050
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2145738

Listing Office:

  • Office Name: Real Broker, LLC - Gaithersburg
  • Office Phone: (855) 450-0442
  • Listing Agent: Diane W Rioux

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,050$473,900
2020$551$465,500
2018$4,771$457,100

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-653205
8
/10
  • Olney Elementary School

  • 3401 Queen Mary Dr

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-653206
8
/10
  • Cashell Elementary School

  • 17101 Cashell Rd

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-653207
8
/10
  • Brooke Grove Elementary School

  • 2700 Spartan Rd

  • 1.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,378. Most Montgomery County, MD residents have annual incomes between $100k-200k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3501 Cherry Valley Dr

What is the listing price of this property?

The listing price of 3501 Cherry Valley Dr property is $640,000.

What type of property is this?

The property 3501 Cherry Valley Dr is a house located in Olney, Maryland, 20832.

Is this property for sale now?

Accepting Backup Offers: 3501 Cherry Valley Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,050 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3501 Cherry Valley Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3501 Cherry Valley Dr is 2,366 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3501 Cherry Valley Dr is 1964.

Rocket Homes›Maryland›Montgomery County›Olney›20832›3501 Cherry Valley Dr

This home is located at 3501 Cherry Valley Dr in Olney, MD and zip code 20832 in the Olney neighborhood. This 2,366 square foot home, which was built in 1964, sits on a 0.51 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $640,000.

In October 2024 more than 340 listings in Montgomery County, MD were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 226 were sold below. The inventory of homes for sale in Montgomery County, MD between September 2024 and October 2024 increased by 13.9%. In October 2024 median list price was $606,055 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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