NOT LISTED FOR SALE

8625 Wild Olive Dr Potomac, MD 20854

Estimated Value: $1,008,000 - $1,046,000

4 Beds
3.5 Baths
2,231 Sq Ft
$459/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $681,000 $305 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,212/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • No HOA
  • Beverly Farms Elementary School Rated A
  • Combination Kitchen and Living
  • 1 Car Attached Garage

About This Home

As of February 2016

Lovingly cared for colonial on spectacular lot with extensive landscaping and tremendous slate patio! New paint through out the whole house inside and outside. Hardwood floor refinished, the whole house outside siding was power washed. Gutter cover was installed. Kitchen w/ Corian counter top, updated powder room, large lower level w/recreation & exercise rooms, FB and stairs outside. Open Sunday.

Last Agent to Sell the Property

Lixin Yin

(240) 678-2048 peter@librarealty.com Libra Realty, LLC License #576427 Listed on: 01/06/2016

Last Buyer's Agent

Debbie Zech

(360) 303-8294 debbie@ericstewartgroup.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 1970

Lot Details

  • 0.36 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Living
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Schools

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

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 28
  • Assessor Parcel Number 160400101503

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,148

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1970
  • Remarks Public: Lovingly cared for colonial on spectacular lot with extensive landscaping and tremendous slate patio! New paint through out the whole house inside and outside. Hardwood floor refinished, the whole house outside siding was power washed. Gutter cover was installed. Kitchen w/ Corian counter top, updated powder room, large lower level w/recreation & exercise rooms, FB and stairs outside. Open Sunday.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Combination Kitchen/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 8625

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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: 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: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEVERLY FARMS
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Improvement Assessed Value: 283600.00
  • Land Assessed Value: 383800.00
  • Lot Size Acres: 0.36
  • Lot Size Area: 15765
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15765.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13899310
  • Tax Annual Amount: 7147.75
  • Assessor Parcel Number: 160400101503
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 2231
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 02/19/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 19, 2016
Sold by
Liu Ming Yang and Ye Hongqin Qing
Bought by
Zielinski Peter M and Reed Wendy Anne
Seller's Agent
Lixin Yin
Libra Realty, LLC
Buyer's Agent
Debbie Zech
Long & Foster Real Estate, Inc.
List Price
$679,900
Sold Price
$681,000
Premium/Discount to List
$1,100
0.16%
Current Estimated Value
$1,024,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,930
Avg. Annual Appreciation
4.33%
Original Mortgage
$544,800
Outstanding Balance
$410,677
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$614,253

Purchase Details

Closed on
Jan 6, 2004
Sold by
Gonzalez Angel and Gonzalez M
Bought by
Liu Ming Y and Liu Hongqing Q
Source: Public Records

Range of Values:

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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
Zielinski Peter M $681,000 Rgs Title Llc
Liu Ming Y $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zielinski Peter M $544,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $681,000 0.0% $305 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/12/2016 01/12/16 Off Market $681,000 -- --
01/06/2016 01/06/16 For Sale $679,900 0.0% $305 / Sq Ft
08/01/2012 08/01/12 Rented $3,100 +3.3% --
08/01/2012 08/01/12 Under Contract -- -- --
07/25/2012 07/25/12 For Rent $3,000 -- --
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 $9,333 $808,033 -- --
2024 $9,333 $757,967 $0 $0
2023 $8,044 $707,900 $402,900 $305,000
2022 $7,508 $694,633 $0 $0
2021 $4,503 $681,367 $0 $0
2020 $7,116 $668,100 $402,900 $265,200
2019 $8,931 $667,867 $0 $0
2018 $7,070 $667,633 $0 $0
2017 $8,989 $667,400 $0 $0
2016 -- $638,967 $0 $0
2015 $7,091 $610,533 $0 $0
2014 $7,091 $582,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002394917

Bright MLS

APN: 04-00101503