Seller's Agent in 2023
Joseph Buffington
RE/MAX
(301) 461-8925
1 in this area
60 Total Sales
816 Olive Dr Silver Spring, MD 20905
Estimated Value: $625,000 - $671,000
4
Beds
3
Baths
2,436
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- 1 Fireplace
- 2 Attached Carport Spaces
- Cloverly Elementary School Rated A-
- No HOA
- Central Heating and Cooling System
About This Home
As of December 2023Welcome to your new haven nestled in the heart of nature. This idyllic property offers a serene escape from the everyday, featuring a spacious lot and a sunroom that will transport you to a world of tranquility. A generous .46 acre plot of land, perfect for gardening, outdoor activities, and endless possibilities. An inviting sunroom off the dining room, drenched in natural light and providing a peaceful view of the surrounding greenery. The kitchen boasts a charming wood-burning stove, adding warmth and character to your culinary space. Unwind in style within the owner's suite, complete with contemporary bathroom amenities. Vaulted ceilings enhance the sense of space and luxury.The contemporary bathroom features a steam shower and a soothing soaking tub, transforming your daily routine into a spa-like experience. The finished lower level offers versatile space, perfect for a recreation room, home office, or even a guest suite. Conveniently close to the ICC for multiple commute routes, ensuring ease and accessibility. Enjoy the convenience of nearby grocery stores, shopping, and a variety of restaurants, making everyday life a breeze.Hardwoods and hard surfaces throughout main level.
Last Agent to Sell the Property
(301) 461-8925 joebuffington@remax.net RE/MAX Realty Centre, Inc. Listed on: 10/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,014
Year Built
- Built in 1962
Lot Details
- 0.46 Acre Lot
- Property is zoned RE1
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 2.5 Levels
- Ceiling Fan
- 1 Fireplace
- Finished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
Utilities
- Central Heating and Cooling System
- Heating System Uses Oil
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Colesville Outside Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 160500280052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Nov 13, 2023
Sold by
Behrendt Glen and Behrendt Lenore
Bought by
Smith Derrick L
Seller's Agent
Joseph Buffington
RE/MAX Realty Centre, Inc.
Buyer's Agent
Irvin Kenny
Bennett Realty Solutions
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%
Views
191
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
$24,342
Avg. Annual Appreciation
2.16%
Original Mortgage
$25,000
Outstanding Balance
$24,590
Interest Rate
7.29%
Estimated Equity
$624,752
Purchase Details
Closed on
Oct 13, 2005
Sold by
Quinlan Mark V and Quinlan M T
Bought by
Shapiro Behrendt Glen and Shapiro Lenore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2005
Sold by
Quinlan Mark V and Quinlan M T
Bought by
Shapiro Behrendt Glen and Shapiro Lenore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 1994
Sold by
Thye Carl J
Bought by
Quinlan Mark V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
8.54%
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 |
|---|---|---|---|
| Smith Derrick L | $625,000 | Old Republic National Title | |
| Smith Derrick L | $625,000 | Old Republic National Title | |
| Shapiro Behrendt Glen | $599,500 | -- | |
| Shapiro Behrendt Glen | $599,500 | -- | |
| Shapiro Behrendt Glen | $599,500 | -- | |
| Shapiro Behrendt Glen | $599,500 | -- | |
| Quinlan Mark V | $217,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Derrick L | $25,000 | |
| Closed | Smith Derrick L | $25,000 | |
| Previous Owner | Smith Derrick L | $593,750 | |
| Previous Owner | Shapiro Behrendt Glen | $359,650 | |
| Previous Owner | Shapiro Behrendt Glen | $359,650 | |
| Previous Owner | Quinlan Mark V | $174,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $625,000 | +4.2% | $257 / Sq Ft |
| 10/31/2023 10/31/23 | For Sale | $600,000 | 0.0% | $246 / Sq Ft |
| 10/17/2023 10/17/23 | Pending | -- | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $600,000 | -- | $246 / 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 |
|---|---|---|---|---|
| 2025 | $5,821 | $498,400 | -- | -- |
| 2024 | $5,821 | $466,800 | $0 | $0 |
| 2023 | $4,742 | $435,200 | $232,800 | $202,400 |
| 2022 | $3,365 | $417,433 | $0 | $0 |
| 2021 | $4,073 | $399,667 | $0 | $0 |
| 2020 | $8,144 | $381,900 | $232,800 | $149,100 |
| 2019 | $3,913 | $368,833 | $0 | $0 |
| 2018 | $3,768 | $355,767 | $0 | $0 |
| 2017 | $3,708 | $342,700 | $0 | $0 |
| 2016 | $3,975 | $337,233 | $0 | $0 |
| 2015 | $3,975 | $331,767 | $0 | $0 |
| 2014 | $3,975 | $326,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Buffington
-
Irvin Kenny
I
Buyer's Agent in 2023
Irvin Kenny
Bennett Realty Solutions
(202) 372-6356
1 in this area
62 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2109466
APN: 05-00280052
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