NOT LISTED FOR SALE

8512 Wild Olive Dr Potomac, MD 20854

Estimated Value: $1,095,182 - $1,193,000

5 Beds
3.5 Baths
3,434 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,025,000 $298 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,732/month

4 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Commercial Range
  • No HOA
  • Morton Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2022

Stunning gourmet kitchen sure to please chefs and entertainers alike, with expanses of upgraded granite countertops, stainless appliances, wine refrigerator, an additional oven in the kitchen island, and a gas range with exhaust hood & pot filler. An adjoining catering kitchen with second dishwasher and sink, perfect for hosting large gatherings. Abundant 42" custom cherry cabinetry for loads of storage. Hardwood floors throughout. Living room with fireplace leads out to great entertaining space on the flagstone patio with an expansive pergola and outdoor fireplace. Fully finished basement with full bath. Major systems updated: Windows -2010, HVAC - 2015, Roof - 2021, Driveway, Electrical Panel - 2022. Capped off with captivating landscape lighting in the evenings.

Last Agent to Sell the Property

Ryan Mills

(703) 531-3357 ryan.mills@redfin.com Redfin Corporation License #0225199832 Listed on: 05/05/2022

Redfin Corporation

Last Buyer's Agent

Sheena Saydam

(202) 243-7700 sheena@saydamproperties.com Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 1969 | Remodeled in 2010

Lot Details

  • 9,000 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Board Fence
  • Landscaped
  • Level Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • Property has 3.5 Levels
  • Built-In Features
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Commercial Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Regency Estates Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160400106675

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,602

Year Built

Built in 1969 | Remodeled in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-05
  • Year Built: 1969
  • Year Renovated: 2010
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Kitchen - Island, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Permanent
  • Levels Count: 3.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Partially Finished
  • Laundry Type: Main Floor, Hookup, Has Laundry
  • Total Sq Ft: 3434
  • Living Area Sq Ft: 3434
  • Price Per Sq Ft: 368.03
  • Above Grade Finished Sq Ft: 2690
  • Below Grade Finished Sq Ft: 744
  • Total Below Grade Sq Ft: 744
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Gutter System
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Covered Parking, Built In, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Wood, Board
  • Improvement Assessed Value: 287800.00
  • Land Assessed Value: 368600.00
  • Lot Features: Landscaping, Level
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13813473
  • Tax Annual Amount: 7602.00
  • Assessor Parcel Number: 160400106675
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 31, 2022
Sold by
Yanoff Lisa B
Bought by
Sarma Vivek and Aysola Kameshwari
Seller's Agent
Ryan Mills
Redfin Corporation
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$990,000
Sold Price
$1,025,000
Premium/Discount to List
$35,000
3.54%
Current Estimated Value
$1,139,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,546
Avg. Annual Appreciation
2.96%
Original Mortgage
$275,000
Outstanding Balance
$261,273
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$878,273

Purchase Details

Closed on
Nov 1, 2013
Sold by
Lahav Ron and Yanoff Lisa B
Bought by
Yanoff Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 2010
Sold by
Binstock Shelton M
Bought by
Lahav Ron and Yanoff Lisa B

Purchase Details

Closed on
Feb 1, 2007
Sold by
Reff Harriet M
Bought by
Binstock Shelton M Trustee

Purchase Details

Closed on
Jan 30, 2007
Sold by
Reff Harriet M
Bought by
Binstock Shelton M Trustee
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
Sarma Vivek $1,025,000 Kvs Title
Yanoff Lisa B -- None Available
Lahav Ron $565,000 --
Binstock Shelton M Trustee -- --
Binstock Shelton M Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarma Vivek $275,000
Previous Owner Yanoff Lisa B $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $1,025,000 +3.5% $298 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $990,000 -- $288 / 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 $9,271 $848,667 -- --
2024 $9,271 $752,533 $0 $0
2023 $7,450 $656,400 $368,600 $287,800
2022 $7,031 $651,400 $0 $0
2021 $6,910 $646,400 $0 $0
2020 $6,821 $641,400 $368,600 $272,800
2019 $6,793 $641,400 $368,600 $272,800
2018 $6,780 $641,400 $368,600 $272,800
2017 $6,911 $654,700 $0 $0
2016 $6,450 $628,800 $0 $0
2015 $6,450 $602,900 $0 $0
2014 $6,450 $577,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2048192

Bright MLS

APN: 04-00106675