NOT LISTED FOR SALE

3500 Olive Branch Dr Silver Spring, MD 20904

Estimated Value: $691,000 - $718,000

6 Beds
3.5 Baths
2,119 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $590,000 $278 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,288/month

29 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Paint Branch High School Rated A-
  • No HOA
  • Central Air

About This Home

As of September 2021

COZY AND JUST RENOVATED HOME CONVENIENTLY LOCATED IN THE MOST SOUGHT AFTER BRIGGS CHANEY NEIGHBORHOOD, CLOSE TO SCHOOLS, SHOPPING AND CAR DEALERSHIPS. HUGE AND TOTALLY REMODELED KITCHEN WITH STAINLESS STEEL APPLIANCES AND GRANITE COUNTER TOP. NEW FLOORS AND CARPETING THROUGHOUT ENTIRE HOUSE. BRAND NEW 30 YR WARRANTEED ROOF AND MUCH MORE. YOU WILL LOVE THIS HOUSE.

PLEASE REMOVE SHOES OR WEAR SHOE COVERS PROVIDED BEFORE WALKING AROUND HOUSE. PLEASE WEAR MASKS AND OBSERVE ALL COVID-19 GUIDELINES. PLEASE RESTRICT AGENT PLUS 2 PEOPLE WHEN TOUURING HOUSE

Last Agent to Sell the Property

Mark Onwuka

American International Realty, LLC License #BR40000068 Listed on: 06/17/2021

Last Buyer's Agent

Rodney Bennett

Rodney A Bennett

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 1988

Lot Details

  • 5,647 Sq Ft Lot
  • Property is zoned R60

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture

Interior Spaces

  • 2,119 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Briggs Chaney Woods Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 160502723883

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,878

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: COZY AND JUST RENOVATED HOME CONVENIENTLY LOCATED IN THE MOST SOUGHT AFTER BRIGGS CHANEY NEIGHBORHOOD, CLOSE TO SCHOOLS, SHOPPING AND CAR DEALERSHIPS. HUGE AND TOTALLY REMODELED KITCHEN WITH STAINLESS STEEL APPLIANCES AND GRANITE COUNTER TOP. NEW FLOORS AND CARPETING THROUGHOUT ENTIRE HOUSE. BRAND NEW 30 YR WARRANTEED ROOF AND MUCH MORE. YOU WILL LOVE THIS HOUSE. PLEASE REMOVE SHOES OR WEAR SHOE COVERS PROVIDED BEFORE WALKING AROUND HOUSE. PLEASE WEAR MASKS AND OBSERVE ALL COVID-19 GUIDELINES. PLEASE RESTRICT AGENT PLUS 2 PEOPLE WHEN TOUURING HOUSE
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2119
  • Living Area Sq Ft: 2119
  • Price Per Sq Ft: 283.15
  • Above Grade Finished Sq Ft: 2119
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Garage Features: Garage - Front 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: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 190200.00
  • Land Assessed Value: 197400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5647.00
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13916721
  • Tax Annual Amount: 4878.00
  • Assessor Parcel Number: 160502723883
  • Tax Lot: 45
  • Tax Total Finished Sq Ft: 2119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/13/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 10, 2021
Sold by
Lee Josiane and Lee Elbridge
Bought by
Opuni Frederick A
Seller's Agent
Mark Onwuka
American International Realty, LLC
Buyer's Agent
Rodney Bennett
Rodney A Bennett
List Price
$599,995
Sold Price
$590,000
Premium/Discount to List
-$9,995
-1.67%
Current Estimated Value
$704,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,952
Avg. Annual Appreciation
4.68%
Original Mortgage
$551,159
Outstanding Balance
$502,606
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,272

Purchase Details

Closed on
May 18, 2005
Sold by
Davis Okai L and Davis L M
Bought by
Lee Elbridge and Lee Josiane

Purchase Details

Closed on
Aug 2, 1999
Sold by
Davis Okai
Bought by
Davis Okai L and Davis L M

Purchase Details

Closed on
Jul 7, 1997
Sold by
S Wellington and S Sun J
Bought by
Okai Davis
Source: Public Records

Range of Values:

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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
Opuni Frederick A $590,000 Sim Titles Llc
Lee Elbridge $490,000 --
Lee Elbridge $490,000 --
Davis Okai L -- --
Okai Davis $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opuni Frederick A $50,000
Open Opuni Frederick A $551,159
Previous Owner Lee Elbridge $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $590,000 -1.7% $278 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $599,995 +1.7% $283 / Sq Ft
07/02/2021 07/02/21 Off Market $590,000 -- --
06/27/2021 06/27/21 Price Changed $599,995 -7.7% $283 / Sq Ft
06/17/2021 06/17/21 For Sale $650,000 0.0% $307 / Sq Ft
02/11/2016 02/11/16 Rented $2,500 0.0% --
02/11/2016 02/11/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent $2,500 +8.7% --
01/17/2015 01/17/15 Rented $2,300 -8.0% --
01/17/2015 01/17/15 Under Contract -- -- --
11/04/2014 11/04/14 For Rent $2,500 -- --
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 $5,361 $466,000 -- --
2024 $5,361 $426,800 $0 $0
2023 $4,193 $387,600 $197,400 $190,200
2022 $3,993 $387,600 $197,400 $190,200
2021 $4,632 $387,600 $197,400 $190,200
2020 $10,111 $428,300 $197,400 $230,900
2019 $4,879 $413,633 $0 $0
2018 $4,717 $398,967 $0 $0
2017 $3,934 $384,300 $0 $0
2016 $4,611 $376,133 $0 $0
2015 $4,611 $367,967 $0 $0
2014 $4,611 $359,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC761836

Bright MLS

APN: 05-02723883