NOT LISTED FOR SALE

18516 Rushbrooke Dr Olney, MD 20832

Estimated Value: $1,097,000 - $1,329,000

5 Beds
4.5 Baths
5,542 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,300,000 $235 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,375/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Kitchen Island
  • Olney Elementary School Rated A
  • Eat-In Kitchen
  • Central Air

About This Home

As of May 2024

Welcome to this stunning Single Family Home nestled in the heart of Olney, in sought-after Norbeck Grove! This 5542 sqft home boasts 5 bedrooms, 4.5 bathrooms, and a .32-acre lot that backs to wooded parkland, offering privacy and tranquility.

The property features a fully finished walk-out lower level with an exercise room, finished storage/den, and a luxurious guest bedroom suite with full bath, kitchenette, and laundry. The main level showcases exotic wood flooring, a sunroom with wooded views, and a gourmet kitchen with elegant maple cabinetry and beautiful natural stone counters.

Enjoy the custom butler's pantry/wet bar off the kitchen with black galaxy granite, distressed wood, and 2 wine coolers, a double staircase, imported marble in the foyer, and an exquisitely finished garage. The outdoor space is equally impressive with a new low-maintenance composite deck with under-decking to keep you dry on ground level, as well as an impressive bluestone front porch.

This meticulously maintained and thoughtfully upgraded home offers every modern convenience including widened driveway parking for up to 6 vehicles and community features such as pool access, playgrounds, hiking trails, and basketball, tennis, and pickelball courts - perfect for families or outdoor enthusiasts. Don't miss out on this rare opportunity to own a luxurious retreat in Olney!

Last Agent to Sell the Property

Andy Rubin

(301) 385-1524 remaxandyrubin@gmail.com RE/MAX Realty Centre, Inc. License #653678 Listed on: 05/01/2024

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Gary Floyd

(301) 980-2740 garyfloydrealtor@gmail.com Samson Properties License #0225088837

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,201

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Property is zoned RE1

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Norbeck Grove Subdivision

Listing and Financial Details

  • Tax Lot 178
  • Assessor Parcel Number 160803100835

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,201

Year Built

Built in 2004

Lot Details

0

HOA Fees

$81 per month

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: 2024-05-01
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Kitchenette
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 6122
  • Living Area Sq Ft: 5542
  • Price Per Sq Ft: 296.88
  • Above Grade Finished Sq Ft: 4042
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 580
  • Total Below Grade Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • 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: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 243.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14010.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11201.00
  • Assessor Parcel Number: 160803100835
  • Tax Lot: 178
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 22, 2024
Sold by
Amerkashi Mohamad H and Kashi Lila
Bought by
Egan Charles T and Thacker-Stranges Bela
Seller's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
Buyer's Agent
Gary Floyd
Samson Properties
List Price
$1,200,000
Sold Price
$1,300,000
Premium/Discount to List
$100,000
8.33%
Views
1453
Current Estimated Value
$1,195,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,439
Avg. Annual Appreciation
-5.29%
Original Mortgage
$900,000
Outstanding Balance
$887,876
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$307,685

Purchase Details

Closed on
Jul 1, 2004
Sold by
Day Dev Co Lc
Bought by
Amerkashi Mohamad H and Amerkashi Lila Kashi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Egan Charles T $1,300,000 Cardinal Title
Egan Charles T $1,300,000 Cardinal Title
Amerkashi Mohamad H $666,407 --
Amerkashi Mohamad H $666,407 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Charles T $900,000
Closed Egan Charles T $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $1,300,000 +8.3% $235 / Sq Ft
05/01/2024 05/01/24 For Sale $1,200,000 -- $217 / 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 $12,067 $1,076,500 $272,400 $804,100
2024 $12,067 $1,003,400 $0 $0
2023 $10,509 $930,300 $0 $0
2022 $9,235 $857,200 $259,400 $597,800
2021 $8,361 $821,500 $0 $0
2020 $8,361 $785,800 $0 $0
2019 $7,949 $750,100 $259,400 $490,700
2018 $7,665 $723,767 $0 $0
2017 $7,515 $697,433 $0 $0
2016 $7,526 $671,100 $0 $0
2015 $7,526 $671,100 $0 $0
2014 $7,526 $671,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2128022

Bright MLS

APN: 08-03100835