NOT LISTED FOR SALE

19408 Olive Tree Way Gaithersburg, MD 20879

Estimated Value: $1,193,872 - $1,547,000

5 Beds
4.5 Baths
6,903 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $899,000 $130 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,025/month

Highlights

  • In Ground Pool
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Col. Zadok Magruder High School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of March 2017

Your search is over! With 3 levels of luxurious living this home invites you to relax and stay. Beautiful architectural details, chef's kitchen, both formal and cozy spaces, 5 bedrooms, an expansive deck overlooking a stunning pool and 4 acres of pastoral views, and an attached 3 car garage as well as a 2 car detached garage, only begin to tell the story. View Virtual Tour for floor plan.

Last Agent to Sell the Property

Eric Stewart

(301) 252-1697 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 06/16/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Debbie Zech

(360) 303-8294 debbie@ericstewartgroup.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jackie Ball Daley

(443) 622-3022 jackie@jackiedaley.com Northrop Realty

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,251

Year Built

  • Built in 1994

Lot Details

  • 4.15 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Walls
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Palladian Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Schools

  • Judith A. Resnik Elementary School
  • Redland Middle School
  • Col. Zadok A. Magruder High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Brookefield Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160102774654

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,251

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-06-16
  • Year Built: 1994
  • Remarks Public: Your search is over! With 3 levels of luxurious living this home invites you to relax and stay. Beautiful architectural details, chef's kitchen, both formal and cozy spaces, 5 bedrooms, an expansive deck overlooking a stunning pool and 4 acres of pastoral views, and an attached 3 car garage as well as a 2 car detached garage, only begin to tell the story. View Virtual Tour for floor plan.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Cooktop, Icemaker, Microwave, Refrigerator, Oven - Double, Oven - Wall, Oven - Self Cleaning
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Breakfast Area, Chair Railings, Crown Moldings, Built-Ins, Wainscotting, Wood Floors, Primary Bath(s), Wet/Dry Bar, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Skylights, Palladian
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High, Wood Walls, Wood Ceilings, Beamed Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Full, Fully Finished, Improved, Daylight, Full, Daylight, Partial, Outside Entrance, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 6903
  • Living Area Sq Ft: 6903
  • Price Per Sq Ft: 216.80
  • Above Grade Finished Sq Ft: 4382
  • Below Grade Finished Sq Ft: 2521
  • Total Below Grade Sq Ft: 2521
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19408

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JUDITH A. RESNIK
  • Middle School: REDLAND
  • High School: COL. ZADOK A. MAGRUDER
  • School District Key: 121138126809
  • Elementary School: JUDITH A. RESNIK
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: REDLAND

Lot Info

  • Fencing: Rear, Partially
  • Improvement Assessed Value: 398600.00
  • Land Assessed Value: 434700.00
  • Lot Features: Landscaping
  • Lot Size Acres: 4.15
  • Lot Size Area: 180774
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 180774.00
  • Outdoor Living Structures: Porch(es), Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13790374
  • Tax Annual Amount: 9251.38
  • Assessor Parcel Number: 160102774654
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 4382
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 03/17/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Mar 17, 2017
Sold by
Humenik Michael P and Humenik Sandra L
Bought by
Mendez Robert J and Mendez Beatrice A
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Jackie Ball Daley
Northrop Realty
List Price
$1,075,000
Sold Price
$899,000
Premium/Discount to List
-$176,000
-16.37%
Current Estimated Value
$1,327,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,718
Avg. Annual Appreciation
4.66%
Original Mortgage
$647,282
Outstanding Balance
$540,885
Interest Rate
4.45%
Mortgage Type
FHA
Estimated Equity
$786,833

Purchase Details

Closed on
Jun 22, 2000
Sold by
Yost Thomas C and Yost K S
Bought by
Humenik Michael P and Humenik L S

Purchase Details

Closed on
Apr 4, 1994
Sold by
Whm Land Corp
Bought by
Yost Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mendez Robert J $899,000 Lakeside Title Co
Humenik Michael P $658,500 --
Yost Thomas C $677,231 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Robert J $647,282
Previous Owner Yost Thomas C $506,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $899,000 -5.4% $130 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
11/17/2016 11/17/16 Price Changed $950,000 -2.6% $138 / Sq Ft
09/15/2016 09/15/16 Price Changed $975,000 -9.3% $141 / Sq Ft
06/16/2016 06/16/16 For Sale $1,075,000 -- $156 / 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 $11,495 $950,467 -- --
2024 $11,495 $930,733 $0 $0
2023 $11,920 $911,000 $302,700 $608,300
2022 $9,824 $888,967 $0 $0
2021 $9,235 $866,933 $0 $0
2020 $9,235 $844,900 $302,700 $542,200
2019 $9,168 $841,033 $0 $0
2018 $9,134 $837,167 $0 $0
2017 $9,260 $833,300 $0 $0
2016 -- $809,067 $0 $0
2015 $8,992 $784,833 $0 $0
2014 $8,992 $760,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002438023

Bright MLS

APN: 01-02774654