NOT LISTED FOR SALE

3507 Olympic St Silver Spring, MD 20906

Estimated Value: $483,083 - $542,000

3 Beds
2 Baths
969 Sq Ft
$541/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $285,000 $294 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,171/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Premium Lot
  • 0.17 Acre Lot
  • Property is near a park
  • 1-minute walk to Matthew Henson State Park

About This Home

As of April 2012

WOW....BEAUTIFULLY RENOVATED HOME BACKING TO PARKLAND!!! EVERYTHING HAS BEEN DONE HERE**KITCHEN & BATHS SPARKLE W/ UPDATES**GLEAMING HARDWOOD FLOORS NEWLY REFINISHED**FRESHLY PAINTED**WONDERFUL LOWER LEVEL FAMILY ROOM W/ NEW CARPET**MAJOR SYSTEMS UPDATED...FURNACE,CAC,HWH,WINDOWS,VINYL SIDING**FABULOUS SETTING ON QUIET STREET BACKING TO WOODED PARKLAND!!! HURRY OR THIS ONE IS HISTORY!!! A 10+!!!!!

Last Agent to Sell the Property

Chip Ward

(240) 481-0404 chip.ward@lnf.com Long & Foster Real Estate, Inc. License #96213 Listed on: 02/07/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Paul Ahn

(202) 276-7510 paul.ahn@dependence.us Dependence Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1959

Lot Details

  • 7,200 Sq Ft Lot
  • Back Yard Fenced
  • Premium Lot
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Side Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Greenwood Knolls Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161301316141

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,324

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1959
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Full, Fully Finished, Walkout Stairs, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick, Vinyl Siding
  • Construction Completed: No
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 160500.00
  • Lot Features: Backs To Trees, Backs - Parkland, Premium
  • Lot Size Acres: 0.17
  • Lot Size Area: 7200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14034120
  • Tax Annual Amount: 3324.16
  • Assessor Parcel Number: 161301316141
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Apr 6, 2012
Sold by
Grubb Margery and Grubb Thomas Gerard
Bought by
Evans Alexander N and Evans Mary M
Seller's Agent
Chip Ward
Long & Foster Real Estate, Inc.
Buyer's Agent
Paul Ahn
Dependence Realty Trust
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$523,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,771
Avg. Annual Appreciation
4.59%
Original Mortgage
$228,000
Outstanding Balance
$157,333
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$366,438
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
Evans Alexander N $285,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Alexander N $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $285,000 0.0% $294 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $285,000 -- $294 / 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 $5,163 $413,100 $184,200 $228,900
2024 $5,163 $385,000 $0 $0
2023 $4,123 $356,900 $0 $0
2022 $3,590 $328,800 $175,200 $153,600
2021 $3,206 $315,967 $0 $0
2020 $3,206 $303,133 $0 $0
2019 $3,030 $290,300 $160,400 $129,900
2018 $3,004 $290,300 $160,400 $129,900
2017 $3,051 $290,300 $0 $0
2016 -- $313,100 $0 $0
2015 $2,632 $298,400 $0 $0
2014 $2,632 $283,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chip Ward

    Seller's Agent in 2012

    Chip Ward

    Long & Foster

    (240) 481-0404

    55 Total Sales

    Chip Ward
    Section Image
  • Paul Ahn

    Buyer's Agent in 2012

    Paul Ahn

    Dependence Realty Trust

    (202) 276-7510

    7 Total Sales

    Paul Ahn
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003845624

Bright MLS

APN: 13-01316141

Maryland Montgomery County Silver Spring 20906

3507 Olympic St, Silver Spring, MD

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