NOT LISTED FOR SALE

12938 Olivine Way Silver Spring, MD 20904

Estimated Value: $675,052 - $804,000

4 Beds
2.5 Baths
2,817 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $558,000 $198 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,436/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Traditional Floor Plan
  • William Tyler Page Elementary School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of August 2020

Spacious Colonial with 2 car garage; entry foyer, main level office, large living room, separate dining room with chair rail and crown molding, renovated kitchen with energy efficient stainless steel appliances, granite countertops, cherry cabinets, separate eating area with sliding glass doors that open to deck and fenced yard. Family room off kitchen with stone gas fireplace, beamed ceilings and ceiling fan, powder room on main level, hardwood floors, lots of windows for great natural sunlight! Fantastic master bedroom suite includes dressing room with 3 closets, 2 sinks with granite countertops , cherry vanities, travertine tile in tub shower, and large sitting room (could be 5th bedroom), sitting room is a normal size bedroom with a closet and a window, it has a door to the hallway and double doors to the MBR suite, close up the double doors and you have a true 5th bedroom upstairs. Granite countertop and cherry vanity in hall bathroom, 3 more spacious bedrooms, extra large 4th bedroom with skylights and walk-in closet, currently used as upper floor recreation room, washer and dryer are located in spacious unfinished lower level. Owners have adjusted their living space on the main level to accommodate working at home during these COVID times, making the living room a 2nd office and converting the dining room into a home exercise room, but rooms are a traditional separate dining room and large living room, as you will see, just temporarily set up this way, while owners need to work at home and need to exercise at home.

Last Agent to Sell the Property

Hope Cullen

(301) 728-7234 hope.cullen@cbmove.com Coldwell Banker Realty Listed on: 07/07/2020

Coldwell Banker Realty

Last Buyer's Agent

John Xu

(301) 602-9797 johnxu88@yahoo.com Evergreen Properties

Evergreen Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1984

Lot Details

  • 9,330 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Partially Wooded Lot
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition
  • Property is zoned R90

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Space For Rooms

Outdoor Features

  • Deck

Schools

  • William Tyler Page Elementary School
  • Briggs Chaney Middle School
  • James Hubert Blake High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 160501875434

Community Details

Overview

  • Association fees include common area maintenance
  • Snowdens Mill HOA, Phone Number (301) 258-7711
  • Snowdens Mill Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,875

Year Built

Built in 1984

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-07-09
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious Colonial with 2 car garage; entry foyer, main level office, large living room, separate dining room with chair rail and crown molding, renovated kitchen with energy efficient stainless steel appliances, granite countertops, cherry cabinets, separate eating area with sliding glass doors that open to deck and fenced yard. Family room off kitchen with stone gas fireplace, beamed ceilings and ceiling fan, powder room on main level, hardwood floors, lots of windows for great natural sunlight! Fantastic master bedroom suite includes dressing room with 3 closets, 2 sinks with granite countertops , cherry vanities, travertine tile in tub shower, and large sitting room (could be 5th bedroom), sitting room is a normal size bedroom with a closet and a window, it has a door to the hallway and double doors to the MBR suite, close up the double doors and you have a true 5th bedroom upstairs. Granite countertop and cherry vanity in hall bathroom, 3 more spacious bedrooms, extra large 4th bedroom with skylights and walk-in closet, currently used as upper floor recreation room, washer and dryer are located in spacious unfinished lower level. Owners have adjusted their living space on the main level to accommodate working at home during these COVID times, making the living room a 2nd office and converting the dining room into a home exercise room, but rooms are a traditional separate dining room and large living room, as you will see, just temporarily set up this way, while owners need to work at home and need to exercise at home.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Office, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished, Space For Rooms, Connecting Stairway
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3853
  • Living Area Sq Ft: 2817
  • Price Per Sq Ft: 195.24
  • Above Grade Finished Sq Ft: 2817
  • Below Grade Sq Ft: 1036
  • Total Below Grade Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12938

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 308.26
  • 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
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: SNOWDENS MILL
  • HOA Phone: 301-258-7711
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WILLIAM TYLER PAGE
  • Middle School: BRIGGS CHANEY
  • High School: JAMES HUBERT BLAKE
  • 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: WILLIAM TYLER PAGE
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Rear, Wood
  • Improvement Assessed Value: 184800.00
  • Land Assessed Value: 219900.00
  • Land Use Code: 011
  • Lot Features: Corner, Front Yard, Landscaping, Partly Wooded, Rear Yard
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9330.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13912422
  • Tax Annual Amount: 4875.00
  • Assessor Parcel Number: 160501875434
  • Tax Lot: 70
  • Tax Total Finished Sq Ft: 2817
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/14/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 13, 2020
Sold by
Dunford Lawrence H and Dunford Artis Y
Bought by
Chen Qiuyi and Shi Jinkang
Seller's Agent
Hope Cullen
Coldwell Banker Realty
Buyer's Agent
John Xu
Evergreen Properties
List Price
$550,000
Sold Price
$558,000
Premium/Discount to List
$8,000
1.45%
Current Estimated Value
$722,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,513
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Hinman Larry E
Bought by
Dunford Lawrence H and Dunford Artis Y

Purchase Details

Closed on
Feb 25, 2011
Sold by
Hinman Larry E
Bought by
Dunford Lawrence H and Dunford Artis Y

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bifsas Bill and Bifsas Maria
Bought by
Tesfaye Emnet

Purchase Details

Closed on
Nov 3, 2005
Sold by
Bifsas Bill and Bifsas Maria
Bought by
Tesfaye Emnet

Purchase Details

Closed on
May 14, 2002
Sold by
Tsui Chung Y and Tsui C L
Bought by
Bifsas Bill and Bifsas Maria
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Qiuyi $558,000 Evergreen Settlement Co Inc
Dunford Lawrence H $470,000 --
Dunford Lawrence H $470,000 --
Dunford Lawrence H $470,000 --
Dunford Lawrence H $470,000 --
Tesfaye Emnet $550,000 --
Tesfaye Emnet $550,000 --
Tesfaye Emnet $550,000 --
Tesfaye Emnet $550,000 --
Bifsas Bill $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunford Lawrence H $448,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $558,000 +1.5% $198 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $550,000 -- $195 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $6,827 $540,300 $219,900 $320,400
2024 $6,827 $540,300 $219,900 $320,400
2023 $0 $546,400 $219,900 $326,500
2022 $5,351 $499,167 $0 $0
2021 $4,210 $451,933 $0 $0
2020 $4,210 $404,700 $219,900 $184,800
2019 $4,183 $404,700 $219,900 $184,800
2018 $4,165 $404,700 $219,900 $184,800
2017 $4,211 $408,300 $0 $0
2016 -- $394,100 $0 $0
2015 $4,907 $379,900 $0 $0
2014 $4,907 $365,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC714388

Bright MLS

APN: 05-01875434