NOT LISTED FOR SALE

7403 Olive Branch Way Laurel, MD 20707

Estimated Value: $751,000 - $841,000

4 Beds
3.5 Baths
3,416 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $780,000 $228 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,178/month

Highlights

  • 0.31 Acre Lot
  • Conservatory Room
  • Den
  • Colonial Architecture
  • 1 Fireplace
  • Breakfast Room

About This Home

As of June 2022

FREE SOLAR PANELS! NOT LEASED! THEY ARE YOURS FOR LIFE!!

Welcome to 7403 Olive Branch Way, a gorgeous brick front colonial style home with double side garage built by NV Homes at The Villages at Wellingtons! This beautiful property has been kept in pristine condition by the sellers which are the original owners, and is a 100% smoke & pet free home! Tired of paying for high electricity? Well with this home you won’t have to worry about that with solar panels included as mentioned above, and it is 100% paid off and yours forever. Your electricity bill will be next to nothing, how amazing is that?!

This home features a 4 bedroom, 3 ½ bath, gourmet kitchen, separate living and dining room, spacious family room, study/office room, and a whole . Main level is all hardwood flooring with a gorgeous addition of a stunning breakfast nook featuring beautiful natural lighting from huge multiple windows all around the house. The upper living area has BRAND NEW carpet installed to ensure a hassle free move in for the next owner. This home is completely ready for you and your family to make new memories!

LOCATION! LOCATION! LOCATION!

Located in the middle of it all! Approximately 30 mins away from D.C., Baltimore, and Virginia! The Marc Train, I-95, MD-200, 295, 695, and the infamous Route 1 are all just minutes away! Huge selection of restaurants, groceries stores, and shops nearby. You’re less than 5 mins away from Laurel Towne Centre which has it all! Come tour this beautiful property and see it for yourself! Trust me, this home will not be on the market for long!

Last Agent to Sell the Property

Mickey Tung

(240) 888-5204 mtung52@yahoo.com Smart Realty, LLC License #0665113 Listed on: 05/19/2022

Smart Realty, LLC

Last Buyer's Agent

Keith James

(202) 808-1381 keithjames@kw.com Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,143

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LAUR

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Conservatory Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Accessible Home Design

  • Garage doors are at least 85 inches wide
  • Level Entry For Accessibility

Schools

  • Bond Mill Elementary School
  • Martin Luther King Jr. Middle School
  • Laurel High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • The Villages At Wellington Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17103758588

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,143

Year Built

Built in 2008

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: >84" Garage Door, Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-19
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3, Conservatory Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Walkout Stairs, Sump Pump, Rear Entrance, Unfinished
  • Total Sq Ft: 5122
  • Living Area Sq Ft: 3416
  • Price Per Sq Ft: 228.34
  • Above Grade Finished Sq Ft: 3416
  • Below Grade Sq Ft: 1706
  • Total Below Grade Sq Ft: 1706
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7403

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Side Entry, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage, On Street
  • Number of Spaces in Driveway: 5

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 127.50
  • 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
  • Middle School: MARTIN LUTHER KING JR.
  • High School: LAUREL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121137599599
  • School District Source: 3rd Party
  • Elementary School: BOND MILL
  • High School: LAUREL
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13428.00
  • Year Assessed: 2022
  • Zoning: LAUR
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9143.00
  • Assessor Parcel Number: 17103758588
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 3416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 24, 2022
Sold by
Ngo and Jimmy
Bought by
Glasby Michael and Glasby Lakenya
Seller's Agent
Mickey Tung
Smart Realty, LLC
Buyer's Agent
Keith James
Keller Williams Capital Properties
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%
Current Estimated Value
$788,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,727
Avg. Annual Appreciation
0.92%
Original Mortgage
$797,940
Outstanding Balance
$760,316
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$43,346

Purchase Details

Closed on
Jul 10, 2007
Sold by
Nvr Inc
Bought by
Ngo Crystal and Ngo Jimmy Huynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,600
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Nvr Inc
Bought by
Ngo Crystal and Ngo Jimmy Huynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,600
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2007
Sold by
1325 G Street Associates L
Bought by
Nvr Inc

Purchase Details

Closed on
Mar 19, 2007
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
Glasby Michael $7,480,000 None Listed On Document
Ngo Crystal $602,055 --
Ngo Crystal $602,055 --
Nvr Inc $91,226 --
Nvr Inc $91,226 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasby Michael $797,940
Previous Owner Ngo Crystal $481,600
Previous Owner Ngo Crystal $481,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $780,000 +7.6% $228 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $725,000 -8.8% $212 / Sq Ft
05/19/2022 05/19/22 For Sale $795,000 0.0% $233 / Sq Ft
12/31/2019 12/31/19 Rented $3,100 0.0% --
10/15/2019 10/15/19 Off Market $3,100 -- --
09/27/2019 09/27/19 For Rent $3,100 -- --
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 $11,441 $638,733 $0 $0
2023 $10,658 $580,167 $0 $0
2022 $9,501 $521,600 $126,800 $394,800
2021 $9,501 $505,133 $0 $0
2020 $8,843 $488,667 $0 $0
2019 $9,250 $472,200 $100,900 $371,300
2018 $7,705 $463,500 $0 $0
2017 $7,562 $454,800 $0 $0
2016 -- $446,100 $0 $0
2015 $6,208 $417,033 $0 $0
2014 $6,208 $387,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2041564

Bright MLS

APN: 10-3758588