NOT LISTED FOR SALE

19413 Olive Tree Way Gaithersburg, MD 20879

Estimated Value: $982,000 - $1,182,000

4 Beds
5 Baths
4,388 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $655,000 $149 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,558/month

Highlights

  • Curved or Spiral Staircase
  • Colonial Architecture
  • Property is near a park
  • Col. Zadok Magruder High School Rated A-
  • Deck
  • Two Story Ceilings

About This Home

As of October 2015

New Price.PLUS a $20,000 allowance for updates.Immaculate Colonial situated on over 2 professionally landscaped acres. Features include a spectacular morning room with floor to ceiling windows overlooking an expansive backyard, two-story foyer, conservatory,thermal pane windows, separate living room and dining room, family room with gas fireplace adjoins the large eat-in kitchen, 2 car garage

Last Agent to Sell the Property

Craig Brown

(301) 807-5636 craigbrown@remax.net Fathom Realty MD, LLC License #575585 Listed on: 06/17/2015

Fathom Realty MD, LLC

Last Buyer's Agent

Aret Koseian

(240) 533-6990 aret.koseian@gmail.com Artifact Homes License #0225219647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,962

Year Built

  • Built in 1994

Lot Details

  • 2.33 Acre Lot
  • Landscaped
  • Open Lot
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • French Doors
  • Mud Room
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Intercom

Accessible Home Design

  • Grab Bars
  • Entry Slope Less Than 1 Foot

Schools

  • Judith A. Resnik Elementary School
  • Redland Middle School

Utilities

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

Additional Features

  • Deck
  • Property is near a park

Community Details

  • No Home Owners Association
  • Built by MAGRUDER
  • Brookefield Subdivision, Warrenton Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 15
  • Assessor Parcel Number 160102774687

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,962

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Entry Slope <1', Grab Bars Mod, Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: New Price.PLUS a $20,000 allowance for updates.Immaculate Colonial situated on over 2 professionally landscaped acres. Features include a spectacular morning room with floor to ceiling windows overlooking an expansive backyard, two-story foyer, conservatory,thermal pane windows, separate living room and dining room, family room with gas fireplace adjoins the large eat-in kitchen, 2 car garage
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Icemaker, Dryer, Disposal, Dishwasher, Cooktop, Intercom, Microwave, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Family Room Off Kitchen, Dining Area, Kitchen - Eat-In, Built-Ins, Crown Moldings, Curved Staircase, Window Treatments, Primary Bath(s), Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings, 2 Story Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Study, Sun/Florida Room, Laundry, Mud Room, Storage Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Partially Finished, Walkout Level, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 19413

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • 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
  • School District Key: 121138126809
  • Elementary School: JUDITH A. RESNIK
  • Middle Or Junior School: REDLAND

Lot Info

  • Improvement Assessed Value: 341900.00
  • Land Assessed Value: 401900.00
  • Lot Features: Backs - Parkland, Landscaping, Partly Wooded, Open
  • Lot Size Acres: 2.33
  • Lot Size Area: 101495
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 101495.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RE1

Building Info

  • Builder Name: MAGRUDER

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13790376
  • Tax Annual Amount: 7962.39
  • Assessor Parcel Number: 160102774687
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 4388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/30/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Oct 29, 2015
Sold by
Alice Simon Revocable Trust
Bought by
Poochikian Sevag and Poochikian Natalie
Seller's Agent
Craig Brown
Fathom Realty MD, LLC
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$758,000
Sold Price
$655,000
Premium/Discount to List
-$103,000
-13.59%
Current Estimated Value
$1,078,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,235
Avg. Annual Appreciation
5.37%
Original Mortgage
$524,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2013
Sold by
Simon Alice R
Bought by
Simon Alice R and Simon Donald J

Purchase Details

Closed on
May 4, 1994
Sold by
Whm Land Corp
Bought by
Simon By Atty N J
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
Poochikian Sevag $655,000 Westcor Land Title Ins Co
Simon Alice R -- None Available
Simon By Atty N J $484,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poochikian Sevag $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $655,000 -6.2% $149 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/23/2015 09/23/15 Price Changed $698,000 -4.3% $159 / Sq Ft
09/08/2015 09/08/15 Price Changed $729,000 -0.8% $166 / Sq Ft
07/29/2015 07/29/15 Price Changed $735,000 -1.5% $168 / Sq Ft
07/08/2015 07/08/15 Price Changed $746,000 -1.6% $170 / Sq Ft
06/17/2015 06/17/15 For Sale $758,000 -- $173 / 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 $9,831 $813,967 -- --
2024 $9,831 $798,033 $0 $0
2023 $8,925 $782,100 $269,900 $512,200
2022 $8,314 $762,933 $0 $0
2021 $7,800 $743,767 $0 $0
2020 $7,800 $724,600 $269,900 $454,700
2019 $7,780 $724,600 $269,900 $454,700
2018 $7,786 $724,600 $269,900 $454,700
2017 $8,149 $743,800 $0 $0
2016 -- $719,433 $0 $0
2015 $7,557 $695,067 $0 $0
2014 $7,557 $670,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002343259

Bright MLS

APN: 01-02774687