NOT LISTED FOR SALE

801 Olive Dr Silver Spring, MD 20905

Estimated Value: $622,000 - $659,000

5 Beds
3 Baths
1,900 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $417,000 $219 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,865/month

48 Days on Market

Highlights

  • 0.5 Acre Lot
  • Open Floorplan
  • Rambler Architecture
  • Cloverly Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2012

**** WOW - This Spacious 5BR, 3FB, Rambler SHINES! **** Prop feat updates thrghout! Kit - New Granite Counters, New Cabinets, SS Appliances and New Lighting! Open Floor Plan lr, dr and kit combo with maplewood hdwds, fresh paint & fp. 5 car driveway & 2 car garage openers w/ room to park 4 to 6 cars in garage!! Fin w/u basmnt w/ 1br & 1fb, rec rm & office! MUST SEE!!!!

Last Agent to Sell the Property

John Burgess

(202) 369-1355 john@johnburgessrealtor.com Samson Properties License #0225269566 Listed on: 09/28/2012

Samson Properties

Co-Listed By

Sandra Schulz

(202) 369-2391 sandyschulz@realtyexecutives.com Samson Properties License #524455

Last Buyer's Agent

Eddie DeLuca

(240) 938-2121 deluca.team@realtor.com Redfin Corp License #SP98378347

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1961

Lot Details

  • 0.5 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • French Doors
  • Combination Dining and Living Room
  • Den
  • Game Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160500283157

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,515

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Wood Floors, Whirlpool/Hottub, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Vinyl Clad, Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Den, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Full, Fully Finished, Heated, Walkout Stairs, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Humidifier
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 131420.00
  • Land Assessed Value: 263590.00
  • Lot Size Acres: 0.50
  • Lot Size Area: 21953
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21953.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13836663
  • Tax Annual Amount: 4514.81
  • Assessor Parcel Number: 160500283157
  • Tax Lot: 1
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Jan 3, 2013
Sold by
Smith Steven and Smith Connie
Bought by
101 Geneva Llc
Seller's Agent
John Burgess
Samson Properties
Buyer's Agent
Eddie DeLuca
Redfin Corp
List Price
$419,900
Sold Price
$417,000
Premium/Discount to List
-$2,900
-0.69%
Current Estimated Value
$643,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,671
Avg. Annual Appreciation
3.38%
Original Mortgage
$430,761
Outstanding Balance
$299,369
Interest Rate
3.36%
Mortgage Type
VA
Estimated Equity
$344,302

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 28, 2012
Sold by
101 Geneva Llc
Bought by
Speller Leslie C and Speller Marquitta R
Seller's Agent
John Burgess
Samson Properties
Buyer's Agent
Eddie DeLuca
Redfin Corp
List Price
$419,900
Sold Price
$417,000
Premium/Discount to List
-$2,900
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,761
Outstanding Balance
$299,369
Interest Rate
3.36%
Mortgage Type
VA
Estimated Equity
$344,302

Purchase Details

Closed on
Apr 6, 2006
Sold by
Woodward James L and Woodward J B
Bought by
Smith Steven and Smith Corinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,980
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Woodward James L and Woodward J B
Bought by
Smith Steven and Smith Corinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,980
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
101 Geneva Llc $327,500 None Available
Speller Leslie C $417,000 None Available
Smith Steven $624,900 --
Smith Steven $624,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 101 Geneva Llc $430,761
Closed Speller Leslie C $430,761
Previous Owner Smith Steven $124,980
Previous Owner Smith Steven $499,920
Previous Owner Smith Steven $499,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $417,000 -0.7% $219 / Sq Ft
11/17/2012 11/17/12 Price Changed $419,900 +5.0% $221 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
11/02/2012 11/02/12 Price Changed $399,900 -2.4% $210 / Sq Ft
10/23/2012 10/23/12 Price Changed $409,900 -2.4% $216 / Sq Ft
10/01/2012 10/01/12 For Sale $419,900 +0.7% $221 / Sq Ft
09/28/2012 09/28/12 Off Market $417,000 -- --
09/28/2012 09/28/12 For Sale $419,900 -- $221 / 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 $5,996 $501,800 -- --
2024 $5,996 $470,100 $0 $0
2023 $6,289 $438,400 $235,300 $203,100
2022 $3,390 $420,600 $0 $0
2021 $3,280 $402,800 $0 $0
2020 $3,993 $385,000 $235,300 $149,700
2019 $3,663 $371,833 $0 $0
2018 $3,684 $358,667 $0 $0
2017 $3,204 $345,500 $0 $0
2016 -- $340,033 $0 $0
2015 $3,823 $334,567 $0 $0
2014 $3,823 $329,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004180322

Bright MLS

APN: 05-00283157