NOT LISTED FOR SALE

19416 Olive Tree Way Gaithersburg, MD 20879

Estimated Value: $1,113,000 - $1,537,000

5 Beds
4.5 Baths
5,040 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $1,160,000 $230 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,695/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Backs to Trees or Woods
  • Col. Zadok Magruder High School Rated A-
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of June 2021

This stunning home has it all! Completely renovated in 2021. Situated on a park-like 2+ acre lot. Backs to common area and trees with a fenced yard. In the gourmet kitchen you will be impressed with the custom quarter-sawn White Oak full overlay cabinetry with Maple dovetail drawers, floor to ceiling pantry wall with integrated coffee station, customized cabinet storage solutions, Calacutta Lazza Quartz countertops, Delta faucet and pot filler, GE Cafe appliances (gas range, microwave, refrigerator, dishwasher) and Bedrosians Cloe zellige ceramic tile backsplash. Beautiful conservatory offering relaxing views of the wooded property. Family Room has lovely stucco fireplace with a honed granite hearth. Upstairs you will find 5 spacious bedrooms and 3 full bathrooms. The guest bathrooms feature new custom cabinetry, upgraded lighting, Quartz countertops and Kohler fixtures. The vaulted primary bedroom features a fireplace, a generous walk in closet and a primary bathroom with custom White Oak cabinetry with Maple dovetail drawers, Calacutta Lazza Quartz countertops and Brizo fixtures throughout. The marble shower surround and marble floor tile sparkle from the natural light brought in through the numerous skylights. The lower level is fully finished with a French door walkout, a full bath, a workout room, and plenty of storage. Other features to note are all new electrical outlets and switches, light fixtures, door hinges and door hardware, and new garage doors and rails. Mechanical upgrades include a new 17 SEER Daikin FIT 2nd floor heat pump with inverter technology and 12 year transferable warranty. Main floor has new 17 SEER Daikin FIT gas furnace with inverter technology and 12 year transferable warranty. The home also has a water filtration system and an Aprilaire humidifier with UV disinfection lights, and a new well pump with warranty. New HVAC with intelligent thermostat. Don't wait, this one will go fast!!! Offers due Sat, 5/29 by 6 PM.

Last Agent to Sell the Property

Caryn Williams

(301) 748-3067 cjoywilliams1231@gmail.com Real Estate Teams, LLC Listed on: 05/28/2021

Real Estate Teams, LLC

Co-Listed By

Jane Moore

(301) 748-5859 littlemoore@littlemoore.com J & B Real Estate, Inc

Last Buyer's Agent

Debbie Ingram

(703) 380-8966 dingram@weichert.com Serhant

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,159

Year Built

  • Built in 1992 | Remodeled in 2021

Lot Details

  • 2 Acre Lot
  • Backs To Open Common Area
  • Property is Fully Fenced
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Double Pane Windows
  • Six Panel Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Garden Views
  • Attic
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Office or Studio
  • Shed
  • Outbuilding

Location

  • Suburban Location

Schools

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

Utilities

  • Air Filtration System
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookefield Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160102774370

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,159

Year Built

Built in 1992 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Built in microwave, Dryer, Washer,Dishwasher, Exhaust fans,Wall to Wall Carpet, Fireplace Screen Door, Furnace Humidifier, Garage Door Openers, Garage Door Remotes, Refrigerator w ice maker, Screens, Storage Shee.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-28
  • Year Built: 1992
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This stunning home has it all! Completely renovated in 2021. Situated on a park-like 2+ acre lot. Backs to common area and trees with a fenced yard. In the gourmet kitchen you will be impressed with the custom quarter-sawn White Oak full overlay cabinetry with Maple dovetail drawers, floor to ceiling pantry wall with integrated coffee station, customized cabinet storage solutions, Calacutta Lazza Quartz countertops, Delta faucet and pot filler, GE Cafe appliances (gas range, microwave, refrigerator, dishwasher) and Bedrosians Cloe zellige ceramic tile backsplash. Beautiful conservatory offering relaxing views of the wooded property. Family Room has lovely stucco fireplace with a honed granite hearth. Upstairs you will find 5 spacious bedrooms and 3 full bathrooms. The guest bathrooms feature new custom cabinetry, upgraded lighting, Quartz countertops and Kohler fixtures. The vaulted primary bedroom features a fireplace, a generous walk in closet and a primary bathroom with custom White Oak cabinetry with Maple dovetail drawers, Calacutta Lazza Quartz countertops and Brizo fixtures throughout. The marble shower surround and marble floor tile sparkle from the natural light brought in through the numerous skylights. The lower level is fully finished with a French door walkout, a full bath, a workout room, and plenty of storage. Other features to note are all new electrical outlets and switches, light fixtures, door hinges and door hardware, and new garage doors and rails. Mechanical upgrades include a new 17 SEER Daikin FIT 2nd floor heat pump with inverter technology and 12 year transferable warranty. Main floor has new 17 SEER Daikin FIT gas furnace with inverter technology and 12 year transferable warranty. The home also has a water filtration system and an Aprilaire humidifier with UV disinfection lights, and a new well pump with warranty. New HVAC with intelligent thermostat. Don't wait, this one will go fast!!! Offers due Sat, 5/29 by 6 PM.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Air Filter System, Attic, Built-Ins, Carpet, Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Soaking Tub, Stall Shower, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Double Pane
  • Fireplaces Count: 2
  • Door Features: Six Panel
  • Levels Count: 3
  • Room List: Primary Bedroom, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5665
  • Living Area Sq Ft: 5040
  • Price Per Sq Ft: 289.86
  • Above Grade Finished Sq Ft: 4140
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 625
  • Total Below Grade Sq Ft: 1525
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19416

Beds/Baths

  • Bedrooms: 5
  • 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
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Office/Studio
  • Construction Materials: Brick Front
  • Exterior Features: Exterior Lighting, Outbuilding(s), Street Lights
  • Road Surface Type: Black Top
  • Roof: Fiberglass
  • Spa: No
  • View: Garden/Lawn
  • 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: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JUDITH A. RESNIK
  • Middle School: REDLAND
  • High School: COL. ZADOK MAGRUDER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: JUDITH A. RESNIK
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: REDLAND

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 411600.00
  • Land Assessed Value: 264000.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Backs - Open Common Area
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13790346
  • Tax Annual Amount: 7159.00
  • Assessor Parcel Number: 160102774370
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 4140
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 06/29/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 29, 2021
Sold by
Thies Wade M
Bought by
Vorozhtsova Ekaterina and Martynenko Sergey
Seller's Agent
Caryn Williams
Real Estate Teams, LLC
Buyer's Agent
Debbie Ingram
Serhant
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Current Estimated Value
$1,308,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,282
Avg. Annual Appreciation
2.87%
Original Mortgage
$960,500
Outstanding Balance
$872,831
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$435,451

Purchase Details

Closed on
Sep 2, 1997
Sold by
M Adam T and M Thorp K
Bought by
L Wade M and L Thies 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
Vorozhtsova Ekaterina $1,160,000 Community Title Network Llc
L Wade M $377,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vorozhtsova Ekaterina $960,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $1,160,000 -3.3% $230 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,200,000 -- $238 / 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 $8,767 $858,533 -- --
2024 $8,767 $705,600 $0 $0
2023 $7,698 $675,600 $264,000 $411,600
2022 $7,093 $652,267 $0 $0
2021 $13,867 $628,933 $0 $0
2020 $6,487 $605,600 $264,000 $341,600
2019 $6,468 $605,600 $264,000 $341,600
2018 $6,472 $605,600 $264,000 $341,600
2017 $7,032 $656,800 $0 $0
2016 -- $631,967 $0 $0
2015 $7,047 $607,133 $0 $0
2014 $7,047 $582,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC760342

Bright MLS

APN: 01-02774370