NOT LISTED FOR SALE

3529 Olympic St Silver Spring, MD 20906

Estimated Value: $532,430 - $562,000

3 Beds
2 Baths
1,469 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $477,000 $325 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,339/month

4 Days on Market

Highlights

  • 0.22 Acre Lot
  • Eat-In Kitchen
  • Dining Area
  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Matthew Henson State Park

About This Home

As of August 2022

This Mid Century split level in Greenwood Knolls has 3 BR/2BA and sits on nearly a 1/4 acre of grassy land. An open concept main level has gleaming wood floors and floor to ceiling windows that allow light to pour in. On the upper level, there are 3 bright bedrooms with hardwood floors, and a spacious full bath. The walk-out lower level has a large family room, perfect for your large sectional sofa and tv. You'll also find a laundry area, full bath, and storage space.
Conveniently located near public transportation, the Glenmont Red Line metro station is just over a mile away. In the other direction is the Aspen Hill Shopping Center, again just over a mile away, providing shopping and restaurants close by. At the end of Olympic Street, is a trail head for the Matthew Henson Trail. A beautiful place for walks and exploring.
* OFFER DEADLINE TUE 7/26 @ 10 am. Please use GCAAR contract. *

Last Agent to Sell the Property

Emily Ehrens

(202) 380-8125 eehrens@ttrsir.com TTR Sotheby's International Realty License #631935 Listed on: 07/21/2022

TTR Sotheby's International Realty

Co-Listed By

Jayne Ehrens

(240) 401-7025 jehrens@ttrsir.com TTR Sotheby's International Realty

Last Buyer's Agent

John Coleman

(202) 427-9689 john@jasonmartingroup.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,064

Year Built

  • Built in 1955

Lot Details

  • 9,742 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Dining Area
  • Basement
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Greenwood Knolls Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161301318151

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,064

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-21
  • Year Built: 1955
  • Automatically Close On Close Date: Yes
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1636
  • Living Area Sq Ft: 1469
  • Price Per Sq Ft: 420.02
  • Above Grade Finished Sq Ft: 1069
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 167
  • Total Below Grade Sq Ft: 567
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • 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: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 140300.00
  • Land Assessed Value: 184000.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9742.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14034318
  • Tax Annual Amount: 4064.00
  • Assessor Parcel Number: 161301318151
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 16, 2022
Sold by
Nibert Jr Robert L and Delli Whitney
Bought by
Prince Benjamin Alan and Prince Katherine E
Seller's Agent
Emily Ehrens
TTR Sotheby's International Realty
Buyer's Agent
John Coleman
Real Broker, LLC
List Price
$449,000
Sold Price
$477,000
Premium/Discount to List
$28,000
6.24%
Current Estimated Value
$549,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,358
Avg. Annual Appreciation
4.28%
Original Mortgage
$457,001
Outstanding Balance
$437,020
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$112,338

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 18, 2015
Sold by
Walsh Joanne
Bought by
Dellinger Whitney B and Nibert Robert Lee
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Emily Ehrens
TTR Sotheby's International Realty
List Price
$334,900
Sold Price
$345,000
Premium/Discount to List
$10,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$333,485
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2003
Sold by
Pandit Janice E
Bought by
Walsh Joanne

Purchase Details

Closed on
Feb 6, 1998
Sold by
Newton Carrold M and Newton E Newton J
Bought by
Pandit Janice E

Purchase Details

Closed on
Jul 6, 1994
Sold by
Speake Joan S
Bought by
Newton Carrold M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.51%
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
Prince Benjamin Alan $477,000 Old Republic National Title
Dellinger Whitney B $345,000 First American Title Ins Co
Walsh Joanne $259,000 --
Pandit Janice E -- --
Newton Carrold M $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince Benjamin Alan $457,001
Previous Owner Dellinger Whitney B $333,485
Previous Owner Newton Carrold M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $477,000 +6.2% $325 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $449,000 +30.1% $306 / Sq Ft
09/18/2015 09/18/15 Sold $345,000 +3.0% $211 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $334,900 -- $205 / 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 $5,529 $463,000 $193,000 $270,000
2024 $5,529 $416,767 $0 $0
2023 $5,664 $370,533 $0 $0
2022 $3,540 $324,300 $184,000 $140,300
2021 $3,372 $314,967 $0 $0
2020 $6,467 $305,633 $0 $0
2019 $3,096 $296,300 $169,100 $127,200
2018 $3,071 $296,300 $169,100 $127,200
2017 $3,289 $296,300 $0 $0
2016 $2,555 $305,400 $0 $0
2015 $2,555 $290,867 $0 $0
2014 $2,555 $276,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2061914

Bright MLS

APN: 13-01318151