NOT LISTED FOR SALE

18307 Paradise Cove Terrace Olney, MD 20832

Estimated Value: $930,000 - $966,000

4 Beds
3.5 Baths
4,124 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $885,000 $215 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,823/month

14 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Traditional Floor Plan
  • Brooke Grove Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of October 2023

Located in sought-after James Creek, this elegant and beautifully maintained home is situated on a professionally landscaped lot. Step inside to a stunning two-story foyer, gracious living room, oversized dining room with large bay window, and a renovated eat-in kitchen open to the vaulted family room. A glass door leads to a screened-in porch and fully-fenced, rear yard with flagstone patio, perfect for entertaining. The main floor also features an office, powder room, and mudroom with laundry and direct access to the two car, side loading garage. Upstairs, the primary suite boasts a walk-in closet and updated, marble bath with separate soaking tub. Three additional bedrooms and a hall bath complete this floor. The lower level has two rec spaces, wet bar, built-ins, den (currently set up as a guest room), and ample storage. Convenient to every amenity Olney has to offer inlcuding grocery stores, shopping, Starbucks, Salt & Vine, Cava Mezze, OneLife Fitness, Lone Oak Brewery, schools, several parks, tennis courts, trails and commuter routes.

Last Agent to Sell the Property

Lauren Davis

(202) 549-8784 ldavis@ttrsir.com TTR Sotheby's International Realty Listed on: 09/07/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,910

Year Built

  • Built in 1993

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • No Through Street
  • Private Lot
  • Back Yard
  • Property is zoned RE2

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160802925661

Community Details

Overview

  • James Creek Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,910

Year Built

Built in 1993

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-07
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Wood Floors, Walk-In Closet(s), Upgraded Countertops, Primary Bath(s), Kitchen - Gourmet, Kitchen - Island, Kitchen - Eat-In, Formal/Separate Dining Room, Floor Plan - Traditional
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Outside Entrance, Partially Finished, Rear Entrance
  • Total Sq Ft: 4492
  • Living Area Sq Ft: 4124
  • Price Per Sq Ft: 318.34
  • Above Grade Finished Sq Ft: 2824
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 368
  • Total Below Grade Sq Ft: 1668
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • 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: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Landscaping, No Thru Street, Private, Rear Yard
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14501.00
  • Outdoor Living Structures: Porch(es), Screened, Patio(s)
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7910.00
  • Assessor Parcel Number: 160802925661
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 18, 2023
Sold by
Wayne C Cross Revocable Trust
Bought by
Coloma Balagtas Michael John and Coloma Sarah Balagtas
Seller's Agent
Lauren Davis
TTR Sotheby's International Realty
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Views
191
Current Estimated Value
$947,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,247
Avg. Annual Appreciation
3.42%
Original Mortgage
$442,500
Outstanding Balance
$433,897
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$513,350

Purchase Details

Closed on
Jul 3, 2019
Sold by
Cross Wayne C and Cross Kerry C
Bought by
Cross Wayne C and Cross Courtney Leigh

Purchase Details

Closed on
Jul 6, 1993
Sold by
D R Horton Inc
Bought by
Cross Wayne C and K C
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
Coloma Balagtas Michael John $885,000 Fidelity National Title
Cross Wayne C -- None Available
Cross Wayne C $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coloma Balagtas Michael John $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $885,000 -1.6% $215 / Sq Ft
09/07/2023 09/07/23 For Sale $899,000 -- $218 / 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 $9,110 $817,333 -- --
2024 $9,110 $752,467 $0 $0
2023 $7,650 $687,600 $274,500 $413,100
2022 $7,218 $679,867 $0 $0
2021 $2,833 $672,133 $0 $0
2020 $2,833 $664,400 $274,500 $389,900
2019 $2,802 $632,133 $0 $0
2018 $2,782 $599,867 $0 $0
2017 $6,002 $567,600 $0 $0
2016 -- $562,333 $0 $0
2015 $6,875 $557,067 $0 $0
2014 $6,875 $551,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2106154

Bright MLS

APN: 08-02925661