See Home Value
$625,000
● House - Off Market

816 OLIVE DRIVE

SILVER SPRING, MD 20905
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,436 Ft²
$3,364
Est. Monthly

About This Property

Welcome 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.
Unit Size
2,436 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$246
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1962

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Last updated: 4 months ago (Bright MLS #MDMC2109466)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Sold
Oct 12, 2023 Listed by RE/MAX Realty Centre, Inc. $600,000
Listed by RE/MAX Realty Centre, Inc.
Oct 13, 2005 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 700
  • Garage Type: 3
  • Garage Square Area: 900
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 20,019
  • Total Building Area: 1,736
  • Gross Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTGOMERY VIEW
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: MONTGOMERY VIEW

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701408

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: JS62
  • Account Number: 00280052
  • District: 05
  • Parcel: 05-00280052
  • Block: C
  • Lot: 5
  • Latitude: 39.1102
  • Longitude: -76.9921

    Address

  • Full Address: 816 Olive Dr
  • Address - House Number: 816
  • Address - Street Name: Olive
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C027
  • 4-Digit Zip Code: 4164
  • Zip Code: 20905

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $432,206

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 600,524
  • High Value: 641,581
  • Low Value: 559,467

    Market Valuation

  • Market Total Value: $435,200
  • Market Land Value: $232,800
  • Market Improvement Value: $202,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,200
  • Assessed Land Value: $232,800
  • Assessed Improvements Value: $202,400

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Sep 21, 2005
  • Previous Sale Amount: $599,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cloverly


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Frequently Asked Questions

When was property at 816 Olive Drive built and last sold?
The property at 816 Olive Drive was built in 1962 and last sold on Nov 13, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 816 Olive Drive is $609,386.
What are some comparable homes to 816 Olive Drive?
There are currently no comparable homes to 816 Olive Drive.

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