NOT LISTED FOR SALE

7317 Olive Branch Way Laurel, MD 20707

Estimated Value: $835,238 - $904,000

6 Beds
4 Baths
5,200 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $570,000 $110 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,678/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 1 Fireplace
  • 0.34 Acre Lot
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of September 2017

Newly updated granite counter tops. Spacious 6 bedroom 4 full bath! Brick colonial corner lot house in a planned community. Includes in-law suite/Solarium on main level w/ full bath, library, hardwood floors on the first level, marble fireplace, gourmet kitchen with cooktop, lots of upgrades. Fully finished walkout basement w/ master suite, bath and walk-in closet with rec room. Open House 8/12!

Last Agent to Sell the Property

Navpreet Kohli

(240) 731-2492 nskre7@gmail.com Samson Properties License #641195 Listed on: 08/04/2017

Samson Properties

Last Buyer's Agent

Mohammed K. Beyad

(703) 201-3616 beyadmk@gmail.com Samson Properties License #0225197042

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 2008

Lot Details

  • 0.34 Acre Lot
  • Property is in very good condition
  • Property is zoned RS

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Schools

  • Bond Mill Elementary School
  • Laurel High School

Utilities

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

Community Details

  • Villages At Wellington Community
  • The Villages At Wellington Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17103758638

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,228

Year Built

Built in 2008

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-08-05
  • Year Built: 2008
  • Remarks Public: Newly updated granite counter tops. Spacious 6 bedroom 4 full bath! Brick colonial corner lot house in a planned community. Includes in-law suite/Solarium on main level w/ full bath, library, hardwood floors on the first level, marble fireplace, gourmet kitchen with cooktop, lots of upgrades. Fully finished walkout basement w/ master suite, bath and walk-in closet with rec room. Open House 8/12!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Refrigerator, Icemaker, Dishwasher, Microwave, Disposal, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Fully Finished, Full, Heated, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 5200
  • Living Area Sq Ft: 5200
  • Price Per Sq Ft: 158.11
  • Above Grade Finished Sq Ft: 3700
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7317

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 44.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: BOND MILL
  • High School: LAUREL
  • School District Key: 121137599599
  • Elementary School: BOND MILL
  • High School: LAUREL

Lot Info

  • Improvement Assessed Value: 431800.00
  • Land Assessed Value: 101000.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 14802
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14802.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14738525
  • Tax Annual Amount: 9227.53
  • Assessor Parcel Number: 17103758638
  • Tax Lot: 6
  • Tax Page Number: 44
  • Tax Total Finished Sq Ft: 3708
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 09/29/2017

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 29, 2017
Sold by
Ahmed Murtaza and Ahmed Mustafa
Bought by
Siddique Omar
Seller's Agent
Navpreet Kohli
Samson Properties
Buyer's Agent
Mohammed K. Beyad
Samson Properties
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$864,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,560
Avg. Annual Appreciation
5.47%
Original Mortgage
$570,000
Outstanding Balance
$477,380
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$395,379

Purchase Details

Closed on
Feb 6, 2009
Sold by
Nvr Inc
Bought by
Ahmed Murtaza and Ahmed Mustafa Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2008
Sold by
1325 G Street Associates L
Bought by
Nvr Inc

Purchase Details

Closed on
Aug 22, 2008
Sold by
1325 G Street Associates L
Bought by
Nvr Inc
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
Siddique Omar $570,000 S&T Title Llc
Ahmed Murtaza $544,583 --
Nvr Inc $101,983 --
Nvr Inc $101,983 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siddique Omar $570,000
Previous Owner Ahmed Murtaza $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $570,000 -2.6% $110 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $585,000 +2.6% $113 / Sq Ft
08/07/2017 08/07/17 Off Market $570,000 -- --
10/29/2014 10/29/14 Rented $3,300 -5.7% --
10/25/2014 10/25/14 Under Contract -- -- --
08/15/2014 08/15/14 For Rent $3,500 -- --
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
2024 $12,946 $701,300 $0 $0
2023 $11,844 $645,200 $0 $0
2022 $10,721 $589,100 $127,100 $462,000
2021 $10,313 $570,333 $0 $0
2020 $9,971 $551,567 $0 $0
2019 $9,650 $532,800 $101,000 $431,800
2018 $9,491 $523,367 $0 $0
2017 $9,347 $513,933 $0 $0
2016 -- $504,500 $0 $0
2015 $7,914 $489,667 $0 $0
2014 $7,914 $474,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000190423

Bright MLS

APN: 10-3758638