NOT LISTED FOR SALE

18303 Paradise Cove Terrace Olney, MD 20832

Estimated Value: $789,839 - $888,000

4 Beds
2.5 Baths
2,493 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $430,000 $172 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,025/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Brooke Grove Elementary School Rated A
  • Breakfast Area or Nook
  • Living Room

About This Home

As of May 2012

REO/BANK OWNED. Property sold AS-IS w/o repair, warranty or Seller Disclosure. The Listing Broker and Seller assume no responsibility make no guarantees, warranties or representations as to the availability or accuracy of info. herein.

Last Agent to Sell the Property

Linda McCauley

linda.mccauley@rhss.com RealHome Services and Solutions, Inc. Listed on: 09/26/2011

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,325

Year Built

  • 1993

Lot Details

  • 8,738 Sq Ft Lot
  • Property is zoned RE2

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,493 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Rear Basement Entry
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot P15
  • Assessor Parcel Number 160802925648
  • $478 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,325

Year Built

1993

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2493
  • Living Area Sq Ft: 2493
  • Price Per Sq Ft: 174.49
  • Above Grade Finished Sq Ft: 2493
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 247910.00
  • Land Assessed Value: 284240.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8738
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8738.00
  • Zoning: RE2

Tax Info

  • Assessor Parcel Number: 13888246
  • Tax Annual Amount: 6325.4
  • Assessor Parcel Number: 160802925648
  • Tax Lot: P15

Multi Family

  • Front Foot Fee: 477.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
May 24, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Hanif Muhammad A and Zafar Sahar
Seller's Agent
Linda McCauley
RealHome Services and Solutions, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$838,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,460
Avg. Annual Appreciation
5.10%
Original Mortgage
$416,877
Outstanding Balance
$286,793
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$551,667

Purchase Details

Closed on
Oct 6, 2011
Sold by
Pesachowitz Daniel J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 18, 1993
Bought by
Seelig Robert S and P N
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Hanif Muhammad A $430,000 Lakeview Title Company
Deutsche Bank National Trust Company $560,000 None Available
Seelig Robert S $288,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanif Muhammad A $416,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $430,000 -1.1% $172 / Sq Ft
10/15/2011 10/15/11 Pending -- -- --
09/26/2011 09/26/11 For Sale $435,000 -- $174 / 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 $7,164 $609,200 -- --
2024 $7,164 $583,400 $0 $0
2023 $6,152 $557,600 $252,600 $305,000
2022 $4,491 $557,200 $0 $0
2021 $5,805 $556,800 $0 $0
2020 $621 $556,400 $252,600 $303,800
2019 $5,580 $540,033 $0 $0
2018 $5,402 $523,667 $0 $0
2017 $5,256 $507,300 $0 $0
2016 -- $491,033 $0 $0
2015 $5,893 $474,767 $0 $0
2014 $5,893 $458,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda McCauley

    RealHome Services and Solutions, Inc.

  • N

    Buyer's Agent in 2012

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: 1004600706

Bright MLS

APN: 08-02925648

Maryland Montgomery County Olney 20832

18303 Paradise Cove Terrace, Olney, MD

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