NOT LISTED FOR SALE

18417 Paradise Cove Terrace Olney, MD 20832

Estimated Value: $843,000 - $966,000

4 Beds
3.5 Baths
2,882 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $786,879 $273 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,587/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Two Story Ceilings
  • Brooke Grove Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2021

You will love everything about this charming home set on a cul-de-sac with its rare floor plan featuring the primary suite on the main level! This gem has 4 bedrooms, 3 1/2 baths, handsome brick front with 2-car garage backing to a gorgeous backdrop of trees and nestled in sought-after James Creek offering an abundance of amenities! MAIN LEVEL A brick walkway leads you to an inviting brick porch with a portico. Upon entering this home, you will be met with hardwood floors and a large formal dining room to the right. To the foyer's left is a living room drenched in sunlight with a see-thru fireplace to the beautiful family room leading to a large deck with the most amazing private view. The cozy eat-in nook is adorned with a bay window and the kitchen has an island which is home to a cooktop. A large pantry completes the kitchen. A wonderfully sized primary suite boasts a huge walk-in closet and a spacious primary bath with double sinks, separate shower, soaking tub and private lavatory. Off of the garage is a laundry room with conveying washer & dryer, as well as a second refrigerator. UPPER LEVEL The upper level has 3 additional spacious bedrooms and two full baths. The front bedroom has its own bathroom, while the other two have a shared connecting bath with a double vanity. LOWER LEVEL The large basement is ready for the perfect design that suits your needs with a rough-in for a future bath. ADDITIONAL INFORMATION Refrigerator 2020 Garage Doors 2020 HVAC System 2015 Hot Water Heater 2015 Roof & Gutter Guards 2004 HOA Fee: $53/monthly Schools: Brooke Grove Elementary, Farquhar Middle, Sherwood High Please visit jamescreekhoa.org to view the great community amenities with swimming pool, tennis court, clubhouse and more!

Last Agent to Sell the Property

Janice Valois

(301) 502-2103 janice.valois@compass.com Compass License #520766 Listed on: 05/14/2021

Compass

Co-Listed By

Jacqueline Valois

(301) 602-1454 jmvalois417@gmail.com Compass License #652812

Last Buyer's Agent

Sara Azani

(301) 298-1001 sara.azani@compass.com Compass License #602284

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 1994

Lot Details

  • 9,605 Sq Ft Lot
  • Property is zoned RE2

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,882 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Views of Woods
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Room
  • Double Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

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 183
  • Assessor Parcel Number 160802925466

Community Details

Overview

  • James Creek The Management Group Association, Phone Number (301) 948-6666
  • James Creek Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,494

Year Built

Built in 1994

Lot Details

0

HOA Fees

$53 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: 2021-05-15
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Pantry, Soaking Tub, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2882
  • Living Area Sq Ft: 2882
  • Price Per Sq Ft: 251.56
  • Above Grade Finished Sq Ft: 2882
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt
  • View: Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Site
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 213.26
  • 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: 53.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Name: JAMES CREEK - THE MANAGEMENT GROUP ASSOCIATION
  • HOA Phone: 301-948-6666
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 358900.00
  • Land Assessed Value: 257700.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9605.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13888233
  • Tax Annual Amount: 6494.00
  • Assessor Parcel Number: 160802925466
  • Tax Lot: 183
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 21, 2021
Sold by
Dekramer Mary Dorothy and Dekramer Cornelis
Bought by
Mohseni Mohsen Juris S and Davis Jennifer M
Seller's Agent
Janice Valois
Compass
Buyer's Agent
Sara Azani
Compass
List Price
$725,000
Sold Price
$786,879
Premium/Discount to List
$61,879
8.54%
Current Estimated Value
$919,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,032
Avg. Annual Appreciation
3.66%
Original Mortgage
$629,503
Outstanding Balance
$569,937
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$349,974

Purchase Details

Closed on
Nov 2, 1993
Sold by
Schottenstein Hm and Schottenstein Hm I
Bought by
Dekramer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 20, 1993
Sold by
James Creek Corporation
Bought by
M/1 Schottenstein Homes Inc
Source: Public Records

Range of Values:

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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
Mohseni Mohsen Juris S $786,879 Pinnacle Title & Escrow Inc
Dekramer C $334,495 --
M/1 Schottenstein Homes Inc $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohseni Mohsen Juris S $629,503
Previous Owner Dekramer C $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $786,879 +8.5% $273 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $725,000 -- $252 / 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 $8,622 $803,533 -- --
2024 $8,622 $710,067 $0 $0
2023 $6,832 $616,600 $257,700 $358,900
2022 $6,376 $603,533 $0 $0
2021 $6,176 $590,467 $0 $0
2020 $6,008 $577,400 $257,700 $319,700
2019 $5,802 $560,167 $0 $0
2018 $5,615 $542,933 $0 $0
2017 $5,518 $525,700 $0 $0
2016 $6,521 $513,800 $0 $0
2015 $6,521 $501,900 $0 $0
2014 $6,521 $490,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC758010

Bright MLS

APN: 08-02925466