NOT LISTED FOR SALE

3408 Olive Branch Dr Silver Spring, MD 20904

Estimated Value: $638,000 - $712,000

4 Beds
2.5 Baths
2,619 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $456,000 $174 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,266/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Paint Branch High School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of April 2019

Gorgeous Renovated Light-Filled Cul-De-Sac Colonial in a Fantastic Location, minutes to 200, 29, 95, Shopping, Restaurants and More, with Fantastic Private Back Yard Backing to Trees. Main Level Features Wood Floors, Vaulted Ceilings with Palladian Window and Recessed Lights, Dining Room with Chair Rail and Shadow Boxes, Family Room with Fireplace, and Gourmet Kitchen Opening to Deck. Recently Renovated Kitchen Features Upgraded High-End 42" Cabinets, Granite, Stainless Steel Appliances including Gas Range and French Door Refrigerator, Backsplash, Kitchen Island, Pantry and Breakfast Room. Family Room with Recessed Lights and Wood Burning Fireplace Overlooks Deck and Private Back Yard. Upper Level Features Spacious Owners Suite with Walk in Closet, Lux Master Bath with Dual Vanity and Soaking Tub, and 3 Additional Generously Sized Bedrooms plus Hall Bath. Lower Level Features Den/Office, Recessed Lights, Utility Room and Plenty of Storage.2 Car Garage with Parking for an Additional 2 cars in Driveway, plus Plenty of Guest Parking on Street for Visitors. House has brand new carpet and was just freshly painted. ALL WINDOWS Being Replaced Next Week with Energy Efficient Double Pane Vinyl Windows - Already ordered and being installed shortly! Highest and Best Offers due Monday April 1st @ 5:30pm.

Last Agent to Sell the Property

Alex Goumilevski

RE/MAX Realty Services Listed on: 03/29/2019

RE/MAX Realty Services

Last Buyer's Agent

Kiros Asmamaw

Heymann Realty, LLC License #595185

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 1988

Lot Details

  • 8,959 Sq Ft Lot
  • Southeast Facing Home
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Schools

  • Greencastle Elementary School
  • Benjamin Banneker Middle School
  • Paint Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Fiber Optics Available

Community Details

  • No Home Owners Association
  • Briggs Chaney Woods Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 160502723996

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,880

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All appliances (gas range, french door refrigerator with ice maker, dishwasher, built in microwave, washer, dryer, disposal, water heater), any existing window treatments, all lights & fixtures.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Year Renovated: 201
  • Remarks Public: Gorgeous Renovated Light-Filled Cul-De-Sac Colonial in a Fantastic Location, minutes to 200, 29, 95, Shopping, Restaurants and More, with Fantastic Private Back Yard Backing to Trees. Main Level Features Wood Floors, Vaulted Ceilings with Palladian Window and Recessed Lights, Dining Room with Chair Rail and Shadow Boxes, Family Room with Fireplace, and Gourmet Kitchen Opening to Deck. Recently Renovated Kitchen Features Upgraded High-End 42" Cabinets, Granite, Stainless Steel Appliances including Gas Range and French Door Refrigerator, Backsplash, Kitchen Island, Pantry and Breakfast Room. Family Room with Recessed Lights and Wood Burning Fireplace Overlooks Deck and Private Back Yard. Upper Level Features Spacious Owners Suite with Walk in Closet, Lux Master Bath with Dual Vanity and Soaking Tub, and 3 Additional Generously Sized Bedrooms plus Hall Bath. Lower Level Features Den/Office, Recessed Lights, Utility Room and Plenty of Storage.2 Car Garage with Parking for an Additional 2 cars in Driveway, plus Plenty of Guest Parking on Street for Visitors. House has brand new carpet and was just freshly painted. ALL WINDOWS Being Replaced Next Week with Energy Efficient Double Pane Vinyl Windows - Already ordered and being installed shortly! Highest and Best Offers due Monday April 1st @ 5:30pm.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Wood Floors, Kitchen - Gourmet, Floor Plan - Open
  • Fireplace Features: Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Windows, Fully Finished
  • Laundry Type: Dryer In Unit, Washer In Unit, Lower Floor
  • Total Sq Ft: 3119
  • Living Area Sq Ft: 2619
  • Price Per Sq Ft: 215.20
  • Above Grade Finished Sq Ft: 2119
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3408

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Propane, Electric Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENCASTLE
  • Middle School: BENJAMIN BANNEKER
  • High School: PAINT BRANCH
  • 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: GREENCASTLE
  • High School: PAINT BRANCH
  • Middle Or Junior School: BENJAMIN BANNEKER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 232400.00
  • Land Assessed Value: 213000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8959.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13916724
  • Tax Annual Amount: 4880.00
  • Assessor Parcel Number: 160502723996
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 2119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/30/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Apr 29, 2019
Sold by
Ansari Asim A and Ansari Fowzia M
Bought by
Weldemichael Natnael
Seller's Agent
Alex Goumilevski
RE/MAX Realty Services
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$445,000
Sold Price
$456,000
Premium/Discount to List
$11,000
2.47%
Current Estimated Value
$690,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,913
Avg. Annual Appreciation
7.01%
Original Mortgage
$433,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1996
Sold by
E Anthony J and E Torano P
Bought by
M Asim A and M Ansari F
Source: Public Records

Range of Values:

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Average Value
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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
Weldemichael Natnael $456,000 Avalon Settlements Inc
M Asim A $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldemichael Natnael $433,000
Closed Weldemichael Natnael $433,200
Previous Owner Ansari Asim A $307,500
Previous Owner Ansari Asim A $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $456,000 0.0% $174 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $456,000 0.0% $174 / Sq Ft
04/02/2019 04/02/19 Off Market $456,000 -- --
03/29/2019 03/29/19 For Sale $445,000 0.0% $170 / Sq Ft
08/19/2013 08/19/13 Rented $2,550 -5.6% --
08/19/2013 08/19/13 Under Contract -- -- --
07/18/2013 07/18/13 For Rent $2,700 -- --
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 $6,015 $517,133 -- --
2024 $6,015 $483,667 $0 $0
2023 $4,914 $450,200 $213,000 $237,200
2022 $4,666 $448,600 $0 $0
2021 $4,595 $447,000 $0 $0
2020 $4,552 $445,400 $213,000 $232,400
2019 $5,055 $429,600 $0 $0
2018 $4,881 $413,800 $0 $0
2017 $4,102 $398,000 $0 $0
2016 -- $390,667 $0 $0
2015 $4,689 $383,333 $0 $0
2014 $4,689 $376,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC624592

Bright MLS

APN: 05-02723996