NOT LISTED FOR SALE

3533 Olympic St Silver Spring, MD 20906

Estimated Value: $450,000 - $569,000

3 Beds
3 Baths
1,069 Sq Ft
$472/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $272,100 $255 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,093/month

Highlights

  • 0.23 Acre Lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to Matthew Henson State Park
  • 1 Fireplace

About This Home

As of April 2014

This is a Fannie Mae HomePath Property. HUGE Investor Opportunity! Aspen Hill area, Montgomery County Schools, Close to many restaurants! Property needs a complete renovation.*Discoloration present*

Last Agent to Sell the Property

Orli Perez

orli.perez@gmail.com U.S. 1 Realty Corp Listed on: 03/26/2014

Last Buyer's Agent

Parviz Niktash

(301) 996-8362 pniktash@chaseproperties.us Chase Properties License #98589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,372

Year Built

  • 1955

Lot Details

  • 10,046 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161301318207

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,372

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 122600.00
  • Land Assessed Value: 170000.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10046
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10046.00
  • Year Assessed: 2014
  • Zoning: R60

Tax Info

  • Assessor Parcel Number: 14034323
  • Tax Annual Amount: 3372.27
  • Assessor Parcel Number: 161301318207
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 11, 2014
Sold by
Golabi Parviz
Bought by
Ahmad Mehrabi Mohammad R
Seller's Agent
Orli Perez
U.S. 1 Realty Corp
Buyer's Agent
Parviz Niktash
Chase Properties
List Price
$270,900
Sold Price
$272,100
Premium/Discount to List
$1,200
0.44%
Current Estimated Value
$504,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,591
Avg. Annual Appreciation
5.46%
Original Mortgage
$210,000
Outstanding Balance
$66,756
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$431,671

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 29, 2014
Sold by
Fannie Mae
Bought by
Mehrabi Mohammad R Ahmad and Golabi Parviz
Seller's Agent
Orli Perez
U.S. 1 Realty Corp
Buyer's Agent
Parviz Niktash
Chase Properties
List Price
$270,900
Sold Price
$272,100
Premium/Discount to List
$1,200
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$66,756
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$431,671

Purchase Details

Closed on
Feb 18, 2014
Sold by
Jang Shawn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2006
Sold by
Seton Moses V
Bought by
Jang Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Seton Moses V
Bought by
Jang Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Seton Georgette M
Bought by
Seton Moses V

Purchase Details

Closed on
Jul 18, 2000
Sold by
Steele Dale I and Steele Bernice K
Bought by
Seton Georgette M
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
Ahmad Mehrabi Mohammad R $27,210 None Available
Mehrabi Mohammad R Ahmad $272,100 Attorney
Federal National Mortgage Association $467,567 None Available
Jang Shawn $310,000 --
Jang Shawn $310,000 --
Seton Moses V $52,000 --
Seton Georgette M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehrabi Mohammad R Ahmad $65,000
Open Ahmad Mehrabi Mohammad R $210,000
Previous Owner Jang Shawn $350,000
Previous Owner Jang Shawn $317,750
Previous Owner Jang Shawn $317,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $272,100 +0.4% $255 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $270,900 -- $253 / 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 $5,119 $404,800 $194,000 $210,800
2024 $5,119 $381,133 $0 $0
2023 $2,757 $357,467 $0 $0
2022 $3,645 $333,800 $185,000 $148,800
2021 $3,177 $317,133 $0 $0
2020 $3,177 $300,467 $0 $0
2019 $2,958 $283,800 $170,000 $113,800
2018 $2,932 $283,800 $170,000 $113,800
2017 $2,978 $283,800 $0 $0
2016 -- $292,600 $0 $0
2015 $3,735 $280,833 $0 $0
2014 $3,735 $269,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2014

    Orli Perez

    U.S. 1 Realty Corp

  • Parviz Niktash

    Buyer's Agent in 2014

    Parviz Niktash

    Chase Properties

    (301) 996-8362

    27 Total Sales

    Parviz Niktash
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002901690

Bright MLS

APN: 13-01318207

Maryland Montgomery County Silver Spring 20906

3533 Olympic St, Silver Spring, MD

This home is located at 3533 Olympic St, Silver Spring, MD 20906 since 26 March 2014 and is currently estimated at $504,691, approximately $472 per square foot. This property was built in 1955. 3533 Olympic St is a home located in Montgomery County with nearby schools including Harmony Hills Elementary School, Parkland Middle School, and John F. Kennedy High School.

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