NOT LISTED FOR SALE

8609 Wild Olive Dr Potomac, MD 20854

Estimated Value: $1,147,000 - $1,205,000

4 Beds
3.5 Baths
2,495 Sq Ft
$470/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $770,000 $309 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,067/month

65 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Sun or Florida Room
  • Morton Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2018

4 bed, 3 1/2 bath home tucked off main road on a cul-de-sac in family-friendly Regency Estates . Screened-in porch, finished lower level, office, updated eat-in kitchen, breezeway, & oversized 2 car garage are just some of its features. Location alone will sell this home - close to John Cabin Center & Mall, Restaurants, I-270, ride-on bus offering metro access, Winston Churchill school district!!

Last Agent to Sell the Property

Steven Katz

(301) 908-2535 golfer1234k@aol.com Long & Foster Real Estate, Inc. Listed on: 09/29/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Raj Auluck

(301) 580-1147 raj.auluck@gmail.com S A R Associates, Inc. License #85212

S A R Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Paneling
  • Brick Wall or Ceiling
  • Fireplace With Glass Doors
  • Vinyl Clad Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Regency Estates Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160400102600

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,964

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-09-29
  • Year Built: 1969
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Brick
  • Entry Location: Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Study, Sun/Florida Room, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Improvement Assessed Value: 323800.00
  • Land Assessed Value: 362600.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10875
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10875.00
  • Property Attached Yn: No
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13813194
  • Tax Annual Amount: 7964.06
  • Assessor Parcel Number: 160400102600
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 22, 2018
Sold by
Klein Bernard and Klein Esther H
Bought by
Jain Rishabh and Agarwal Puja
Seller's Agent
Steven Katz
Long & Foster Real Estate, Inc.
Buyer's Agent
Raj Auluck
S A R Associates, Inc.
List Price
$879,900
Sold Price
$770,000
Premium/Discount to List
-$109,900
-12.49%
Current Estimated Value
$1,171,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,577
Avg. Annual Appreciation
5.41%
Original Mortgage
$616,000
Outstanding Balance
$520,494
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$651,083
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jain Rishabh $770,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Rishabh $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $770,000 -3.7% $309 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $799,990 -3.6% $321 / Sq Ft
10/17/2017 10/17/17 Price Changed $829,900 -5.7% $333 / Sq Ft
10/06/2017 10/06/17 For Sale $879,900 +14.3% $353 / Sq Ft
10/02/2017 10/02/17 Off Market $770,000 -- --
09/29/2017 09/29/17 For Sale $879,900 -- $353 / 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 $11,288 $995,633 -- --
2024 $11,288 $921,867 $0 $0
2023 $11,106 $848,100 $380,700 $467,400
2022 $8,608 $788,867 $0 $0
2021 $7,195 $729,633 $0 $0
2020 $7,195 $670,400 $380,700 $289,700
2019 $7,165 $670,400 $380,700 $289,700
2018 $7,152 $670,400 $380,700 $289,700
2017 $7,461 $686,400 $0 $0
2016 -- $656,100 $0 $0
2015 $6,508 $625,800 $0 $0
2014 $6,508 $595,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001006479

Bright MLS

APN: 04-00102600