NOT LISTED FOR SALE

19417 Olive Tree Way Gaithersburg, MD 20879

Estimated Value: $1,100,000 - $1,280,000

5 Beds
4.5 Baths
6,967 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $760,000 $109 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,244/month

91 Days on Market

Highlights

  • Gourmet Country Kitchen
  • Curved or Spiral Staircase
  • Deck
  • Col. Zadok Magruder High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2017

Elegant brick colonial on 2 acre lot w/stunning views! Features incl. side sunroom, rear morning room, oversized kitchen w/granite & S/S appliances, hardwood floors, 4 fireplaces, custom paint, expansive deck, library w/built-ins, intercom, laundry chute, skylights, bay windows-too much to list! Amazing master suite w/renovated master bath! Newly finished LL too! HWH '14! HVAC '12, 14! Newer roof!

Last Agent to Sell the Property

Charlotte Savoy

The KW Collective Listed on: 02/08/2017

The KW Collective

Co-Listed By

William Penning

Taylor Properties

Last Buyer's Agent

Jacky Filani

Hatch Property Management and Sales, LLC License #0225262085

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1993

Lot Details

  • 2.05 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is in very good condition
  • Property is zoned RE1

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 4 Fireplaces
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Game Room
  • Sun or Florida Room
  • Solarium
  • Wood Flooring

Kitchen

  • Gourmet Country Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Intercom
  • Alarm System
  • Storm Doors

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Natural Gas Water Heater
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Brookefield Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160102774676

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,859

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Elegant brick colonial on 2 acre lot w/stunning views! Features incl. side sunroom, rear morning room, oversized kitchen w/granite & S/S appliances, hardwood floors, 4 fireplaces, custom paint, expansive deck, library w/built-ins, intercom, laundry chute, skylights, bay windows-too much to list! Amazing master suite w/renovated master bath! Newly finished LL too! HWH '14! HVAC '12, 14! Newer roof!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Intercom, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Kitchen - Country, Kitchen - Island, Dining Area, Kitchenette, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Curved Staircase, Window Treatments, Upgraded Countertops, Laundry Chute, Wet/Dry Bar, Wood Floors, Recessed Lighting
  • Window Features: Bay/Bow, Palladian, Screens, Skylights
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French, Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Sun/Florida Room, Laundry, Solarium
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 6967
  • Living Area Sq Ft: 6967
  • Price Per Sq Ft: 174.20
  • Above Grade Finished Sq Ft: 4449
  • Below Grade Finished Sq Ft: 2518
  • Total Below Grade Sq Ft: 2518
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19417

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • 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: Combination, Brick, Brick Front
  • 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, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Zoned, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Security: Intercom, Electric Alarm
  • 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: Partially
  • Improvement Assessed Value: 363700.00
  • Land Assessed Value: 317700.00
  • Lot Features: Landscaping
  • Lot Size Acres: 2.05
  • Lot Size Area: 89298
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89298.00
  • Outdoor Living Structures: 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: 13790375
  • Tax Annual Amount: 8859.25
  • Assessor Parcel Number: 160102774676
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 4449
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/23/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 23, 2017
Sold by
Davidoff Gershowitz Susan
Bought by
Filani Erie
Seller's Agent
Charlotte Savoy
The KW Collective
Buyer's Agent
Jacky Filani
Hatch Property Management and Sales, LLC
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%
Current Estimated Value
$1,174,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,018
Avg. Annual Appreciation
5.48%
Original Mortgage
$76,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2011
Sold by
Ojeda Frank J and Ojeda Jennifer
Bought by
Davidoff Gershowitz Susan

Purchase Details

Closed on
Jan 31, 2011
Sold by
Ojeda Frank J and Ojeda Jennifer
Bought by
Davidoff Gershowitz Susan

Purchase Details

Closed on
Apr 15, 2005
Sold by
Wood Nathaniel D and Wood Linda J
Bought by
Ojeda Frank and Ojeda Jennifer

Purchase Details

Closed on
Mar 23, 2005
Sold by
Wood Nathaniel D and Wood Linda J
Bought by
Ojeda Frank and Ojeda Jennifer

Purchase Details

Closed on
Dec 31, 2003
Sold by
Leach David W
Bought by
Wood Nathaniel D and Wood Linda J

Purchase Details

Closed on
Dec 18, 2001
Sold by
Lee Charles and Lee J C
Bought by
Leach David W and Leach Kyle Patricia

Purchase Details

Closed on
Apr 25, 1994
Sold by
Whm Land Corp
Bought by
Lee Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,700
Interest Rate
7.6%
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
Filani Erie $760,000 None Available
Davidoff Gershowitz Susan $765,000 --
Davidoff Gershowitz Susan $765,000 --
Ojeda Frank $900,000 --
Ojeda Frank $900,000 --
Ojeda Frank $900,000 --
Ojeda Frank $900,000 --
Wood Nathaniel D $792,000 --
Wood Nathaniel D $792,000 --
Leach David W $615,000 --
Lee Charles $555,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filani Erie $643,500
Closed Filani Erie $76,000
Closed Filani Erie $600,400
Previous Owner Gershowitz Susan Davidoff $410,000
Previous Owner Gershowitz Susan Davidoff $413,000
Previous Owner Lee Charles $444,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $760,000 -1.9% $109 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/23/2017 04/23/17 Price Changed $775,000 -1.9% $111 / Sq Ft
04/01/2017 04/01/17 Price Changed $789,900 -1.3% $113 / Sq Ft
03/01/2017 03/01/17 Price Changed $800,000 -3.0% $115 / Sq Ft
02/08/2017 02/08/17 For Sale $825,000 -- $118 / 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 $10,168 $838,933 -- --
2024 $10,168 $815,467 $0 $0
2023 $9,165 $792,000 $264,900 $527,100
2022 $8,542 $772,767 $0 $0
2021 $7,907 $753,533 $0 $0
2020 $7,907 $734,300 $264,900 $469,400
2019 $7,887 $734,300 $264,900 $469,400
2018 $7,893 $734,300 $264,900 $469,400
2017 $8,278 $755,300 $0 $0
2016 -- $730,667 $0 $0
2015 $8,000 $706,033 $0 $0
2014 $8,000 $681,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002485637

Bright MLS

APN: 01-02774676