NOT LISTED FOR SALE

3508 Olympic St Silver Spring, MD 20906

Estimated Value: $542,000 - $579,000

4 Beds
3 Baths
980 Sq Ft
$578/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $380,000 $388 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,414/month

63 Days on Market

Highlights

  • 0.17 Acre Lot
  • Wood Flooring
  • No HOA
  • Open Floorplan
  • Garden View
  • 1-minute walk to Matthew Henson State Park

About This Home

As of January 2018

PRICE REDUCED! Stunning fully updated 4 bdrm, 3 FB home on quiet street with Glenmont Metro 1.5 miles away & Matthew Henson Park just steps away. Gorgeous recently refinished hardwd flrs, fresh paint, updated windows, roof replaced Sept. 2017, Furnace/A/C replaced, updated kitchen, electrical heavy up, LL bdrm with level walk-out and full bath. Delightful covered patio and fenced yard.

Last Agent to Sell the Property

Mary Kerr

(240) 793-8979 marykhomes@aol.com Kerr Realty Services LC License #322693 Listed on: 09/29/2017

Last Buyer's Agent

Melissa Watts

(301) 802-3793 mw@melissawatts.com Rory S. Coakley Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 1959

Lot Details

  • 7,200 Sq Ft Lot
  • Back Yard Fenced
  • Chain Link Fence
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Patio
  • Porch

Schools

  • Harmony Hills Elementary School
  • Parkland Middle School
  • John F. Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Greenwood Knolls Subdivision, Beautiful! Floorplan

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 161301318286

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,152

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2017-09-30
  • Year Built: 1959
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Cooktop, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Dining Area, Built-Ins, Upgraded Countertops, Primary Bath(s), Window Treatments, Wood Floors, Laundry Chute, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Utility Room
  • Basement: Yes
  • Basement Type: Side Entrance, Full, Connecting Stairway, Outside Entrance, Walkout Level, Partially Finished, Heated
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: Garden/Lawn
  • View: Yes
  • 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: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: HARMONY HILLS
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: PARKLAND

Lot Info

  • Fencing: Rear, Chain Link
  • Improvement Assessed Value: 136000.00
  • Land Assessed Value: 160400.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R60

Green Features

  • Efficiency: Hvac
  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14034330
  • Tax Annual Amount: 4152.19
  • Assessor Parcel Number: 161301318286
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 12, 2018
Sold by
Uy Aurthur and Uy Maria L
Bought by
Duran Mariano R and Duran Elva
Seller's Agent
Mary Kerr
Kerr Realty Services LC
Buyer's Agent
Melissa Watts
Rory S. Coakley Realty, Inc.
List Price
$398,500
Sold Price
$380,000
Premium/Discount to List
-$18,500
-4.64%
Current Estimated Value
$559,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,951
Avg. Annual Appreciation
5.13%
Original Mortgage
$373,117
Outstanding Balance
$317,325
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$249,242

Purchase Details

Closed on
Aug 27, 2003
Sold by
Uy Maria L
Bought by
Uy Arthur B and Uy Maria L

Purchase Details

Closed on
May 12, 2003
Sold by
Uy Arthur B and Uy Maria L
Bought by
Uy Maria L

Purchase Details

Closed on
Feb 6, 2002
Sold by
Sullivan Donald W Tr
Bought by
Uy Arthur B and Uy Maria L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duran Mariano R $380,000 Sage Title Group Llc
Uy Arthur B -- --
Uy Maria L -- --
Uy Arthur B $213,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Mariano R $373,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $380,000 -2.5% $388 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $389,900 -2.2% $398 / Sq Ft
09/29/2017 09/29/17 For Sale $398,500 -- $407 / 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 $5,862 $481,600 $184,200 $297,400
2024 $5,862 $445,667 $0 $0
2023 $6,116 $409,733 $0 $0
2022 $4,086 $373,800 $175,200 $198,600
2021 $3,416 $348,000 $0 $0
2020 $3,416 $322,200 $0 $0
2019 $3,097 $296,400 $160,400 $136,000
2018 $3,072 $296,400 $160,400 $136,000
2017 $3,812 $296,400 $0 $0
2016 -- $320,300 $0 $0
2015 $2,672 $304,433 $0 $0
2014 $2,672 $288,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001007529

Bright MLS

APN: 13-01318286