NOT LISTED FOR SALE

8618 Wild Olive Dr Potomac, MD 20854

Potomac Area

Estimated Value: $928,000 - $1,037,000

4 Beds
3.5 Baths
2,647 Sq Ft
$371/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2023

Last sale price $797,369 $301 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,107 / mo

35 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Beverly Farms Elementary School Rated A
  • Traditional Floor Plan
  • Space For Rooms

About This Home

As of July 2023

Located on a quiet street next to the cul-de-sac, this lovingly cared for colonial provides a traditional floorplan with endless possibilities for flexible living, entertaining and working from home! It is ideally situated in Potomac’s sought-after Regency Estates subdivision, offering a green, quiet, expansive oasis close to prestigious schools, major houses of worship, Potomac Village, and the new Cabin John Center with its myriad restaurants. Enter the welcoming open foyer flanked by a formal living room on one side and an updated powder room on the other. Freshly painted walls and gleaming hardwood floors grace both the main and upper levels. Proceeding to the rear of the home, the new owners will love the inviting family room with brick-clad fireplace and adjoining table-space kitchen boasting electric cooktop, wall oven and plenty of cabinet space. The formal dining room, just off the kitchen, provides the perfect setting for holiday meals. The main level also includes a mudroom with laundry facilities and access to the 1 car garage. An upper level owner’s suite and fully renovated bathroom creates the ideal environment for rest and relaxation. Additionally, three generous sized bedrooms and a renovated full bath with custom tilework complete the upper level. The lower level awaits your finishing touches with an expansive recreation room, full bath, den, workshop and plenty of storage space. The beautiful flat yard and rear patio provides the ideal space for family gatherings and relaxation. Centrally located within the award winning Churchill school cluster, close to numerous prestigious private schools, major commuter routes, Regency Estates pool, as well as shopping, this home will not last!

Last Agent to Sell the Property

Mr. Eric Stewart

(301) 424-0900 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 05/23/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Jim Beckley

(301) 424-0900 jim@capitalcrestgroup.com Long & Foster Real Estate, Inc. License #648294

Last Buyer's Agent

Gabriel Oran

(301) 298-1001 gabriel@compass.com Compass License #669864

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,875

Year Built

  • Built in 1969

Lot Details

  • 9,600 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • No Through Street
  • Back and Front Yard
  • Property is zoned R90

Parking

  • 1 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Improved Basement

  • Heated Basement
  • Connecting Stairway
  • Space For Rooms
  • Basement Windows

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Regency Estates Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160400105102

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,875

Year Built

Built in 1969

Lot Details

9,600 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-23
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Chair Railings, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Six Panel, Storm
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Laundry, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Heated, Improved, Connecting Stairway, Space For Rooms, Windows
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3063
  • Living Area Sq Ft: 2647
  • Price Per Sq Ft: 358.14
  • Above Grade Finished Sq Ft: 2231
  • Below Grade Finished Sq Ft: 416
  • Below Grade Sq Ft: 416
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished 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
  • 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, Aluminum Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Gutter System, Street Lights
  • Roof: Asphalt
  • Spa: No
  • 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: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaping, No Thru Street, Rear Yard
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9600.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7875.00
  • Assessor Parcel Number: 160400105102
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jul 18, 2023
Sold by
Bought by
Seller's Agent
Mr. Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Gabriel Oran
Compass
List Price
$880,000
Sold Price
$797,369
Premium/Discount to List
-$82,631
-9.39%
Views
262
Current Estimated Value
$980,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,387
Avg. Annual Appreciation
7.09%
Original Mortgage
$782,926
Interest Rate
0.065%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2019
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$797,369 Fidelity National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $791,615
Closed $782,926
Previous Owner $367,877
Previous Owner $20,000
Previous Owner $390,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $797,369 -0.2% $301 / Sq Ft
06/23/2023 06/23/23 Price Changed $799,000 -5.4% $302 / Sq Ft
06/09/2023 06/09/23 Price Changed $845,000 -4.0% $319 / Sq Ft
05/23/2023 05/23/23 For Sale $880,000 -- $332 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,160 $795,433
2024 $9,090 $736,867 $0 $0
2023 $3,851 $678,300 $373,600 $304,700
2022 $7,183 $665,167 $0 $0
2021 $6,972 $652,033 $0 $0
2020 $6,794 $638,900 $373,600 $265,300
2019 $6,766 $638,900 $373,600 $265,300
2018 $6,752 $638,900 $373,600 $265,300
2017 $6,832 $650,900 $0 $0
2016 -- $621,933 $0 $0
2015 $6,150 $592,967 $0 $0
2014 $6,150 $564,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2093728

Bright MLS

APN: 04-00105102

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