Seller's Agent in 2022
Christine Reeder
Long & Foster Real Estate, Inc.
(301) 606-8611
3 in this area
1,097 Total Sales
7303 Olive Branch Way Laurel, MD 20707
Estimated Value: $723,000 - $794,000
5
Beds
3.5
Baths
2,863
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Open Floorplan
- Premium Lot
- Gourmet Kitchen
- Colonial Architecture
- Backs to Trees or Woods
About This Home
As of November 2022Buyer backed out...now you have another opportunity to purchase this gorgeous brick front colonial style home built in 2008 in the sought after neighborhood of The Villages at Wellington! This beautiful property is 100% smoke & pet free with NO Carpet! This home features a gourmet kitchen with granite countertops, an island and upgraded 42” cabinets, separate living and dining room, spacious family room and a stunning morning room featuring beautiful natural lighting from multiple windows all around. Upstairs, in addition to the 3 standard bedrooms and hall bath, is an oversized primary bedroom suite with its own sitting room area, 2 spacious walk-in closets and a private bathroom with a soaking tub. The lower level has an additional custom full kitchen (2019) with granite countertops and extra room that could be used for an extra bedroom as well as a full bathroom. You will also enjoy your own media room with a projector and screen that convey with the house! Looking for a lot of storage area? This home has plenty! Walk up out of the lower level to the beautifully hardscaped patio and level backyard. New Carrier HVAC Unit (2021). Don't forget to enjoy the community swimming pool and tennis court included in your HOA!
LOCATION! LOCATION! LOCATION! Approximately 30 mins away from D.C., Baltimore, and Virginia! The Marc Train, I-95, MD-200, 295, 695, and Route 1 are all just minutes away! You’re less than 5 mins away from brand new UM Laurel Medical Center, Harris Teeter, restaurants and Laurel Towne Centre, which has it all! Schedule a showing today!
Last Agent to Sell the Property
(301) 606-8611 chris.reeder@longandfoster.com Long & Foster Real Estate, Inc. License #581222 Listed on: 09/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,838
Year Built
- Built in 2008
Lot Details
- 0.25 Acre Lot
- Infill Lot
- Landscaped
- Extensive Hardscape
- Premium Lot
- Level Lot
- Sprinkler System
- Backs to Trees or Woods
- Back and Front Yard
- Property is in excellent condition
- Property is zoned LAUR
HOA Fees
- $43 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
- On-Street Parking
Home Design
- Colonial Architecture
- Bump-Outs
- Brick Exterior Construction
- Permanent Foundation
- Poured Concrete
- Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Marble Fireplace
- Fireplace Mantel
- Gas Fireplace
- Bay Window
- Six Panel Doors
- Family Room Off Kitchen
- Living Room
- Dining Room
- Sun or Florida Room
- Garden Views
Kitchen
- Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Built-In Double Oven
- Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry on main level
- Front Loading Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
- Sump Pump
- Basement Windows
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Patio
Schools
- Bond Mill Elementary School
- Martin Luther King Jr. Middle School
Utilities
- Multiple cooling system units
- Central Air
- Cooling System Utilizes Natural Gas
- Heat Pump System
- Programmable Thermostat
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 17103758703
Community Details
Overview
- Association fees include common area maintenance, pool(s), road maintenance
- The Villages At Wellington Community Association
- The Villages At Wellington Subdivision
Amenities
- Common Area
- Community Center
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2022
Closed on
Nov 28, 2022
Sold by
Nguyen Frank and Nguyen Tram
Bought by
Thakore Ashish Babusinh and Thakore Hemandri Ashish
Seller's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
Buyer's Agent
Harshal Acharya
Signature Realtors Inc
List Price
$740,000
Sold Price
$705,000
Premium/Discount to List
-$35,000
-4.73%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,770
Avg. Annual Appreciation
3.49%
Original Mortgage
$564,000
Outstanding Balance
$546,588
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$230,231
Purchase Details
Closed on
May 20, 2009
Sold by
Nguyen Frank
Bought by
Nguyen Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.02%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 30, 2008
Sold by
Nvr Inc
Bought by
Nguyen Frank and Nguyen Tram N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2008
Sold by
Nvr Inc
Bought by
Nguyen Frank and Nguyen Tram N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 2007
Sold by
1325 G Street Associates L
Bought by
Nvr Inc
Purchase Details
Closed on
Aug 1, 2007
Sold by
1325 G Street Associates L
Bought by
Nvr Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thakore Ashish Babusinh | $705,000 | Strategic National Title | |
| Nguyen Frank | -- | -- | |
| Nguyen Frank | $531,975 | -- | |
| Nguyen Frank | $531,975 | -- | |
| Nvr Inc | $94,679 | -- | |
| Nvr Inc | $94,679 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thakore Ashish Babusinh | $564,000 | |
| Previous Owner | Nguyen Frank | $392,000 | |
| Previous Owner | Nguyen Frank | $417,000 | |
| Previous Owner | Nguyen Frank | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $705,000 | 0.0% | $246 / Sq Ft |
| 10/31/2022 10/31/22 | Pending | -- | -- | -- |
| 10/27/2022 10/27/22 | Off Market | $705,000 | -- | -- |
| 10/14/2022 10/14/22 | Price Changed | $720,000 | -2.7% | $251 / Sq Ft |
| 09/29/2022 09/29/22 | For Sale | $740,000 | 0.0% | $258 / Sq Ft |
| 09/25/2022 09/25/22 | Pending | -- | -- | -- |
| 09/22/2022 09/22/22 | For Sale | $740,000 | -- | $258 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,464 | $580,967 | $0 | $0 |
| 2023 | $9,797 | $532,933 | $0 | $0 |
| 2022 | $7,996 | $484,900 | $126,300 | $358,600 |
| 2021 | $12,390 | $469,500 | $0 | $0 |
| 2020 | $10,594 | $454,100 | $0 | $0 |
| 2019 | $8,594 | $438,700 | $100,600 | $338,100 |
| 2018 | $7,779 | $431,300 | $0 | $0 |
| 2017 | $7,631 | $423,900 | $0 | $0 |
| 2016 | -- | $416,500 | $0 | $0 |
| 2015 | $6,729 | $408,033 | $0 | $0 |
| 2014 | $6,729 | $399,567 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Reeder
-
Harshal Acharya
Buyer's Agent in 2022
Harshal Acharya
Signature Realtors Inc
(703) 606-5300
2 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2057530
APN: 10-3758703
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