See Home Value
Potomac 20854 Potomac
8623 WILD OLIVE DR
$985,000
● House - Off Market

8623 WILD OLIVE DR

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,198 Ft²
$4,685
Est. Monthly

About This Property

Stunning renovated split level in beautiful Regency Estates! Nestled at the end of a cul-de-sac, this stunner includes four fabulous levels! This home boasts one of the largest lots in the neighborhood, loaded with numerous upgrades!! Starting with the open main level, you will notice the modern design touches that are hard to beat, especially the custom fireplace and surround! The recently redone designer kitchen includes new custom cabinets and countertops, floating shelves, stainless steel appliances, and more! If the recessed lighting isn't enough, the natural light that shines through surely is. The upper level features four large bedrooms and two renovated full baths. The first lower level features a family room with a stunning brick fireplace to go along with a wonderful kitchenette, complete with walkout access. Down one more level includes a rec room, a renovated full bathroom, and a bonus room. Don't miss the outdoor space with spectacular views and patio area perfect for a fire pit during the cold months. With just minutes to shops and dining and seconds to major commuter roads, this lovingly cared-for home will not last!!
Unit Size
2,198 Ft²
Days on Market
31 days
Land Size
0.26 acres
Price per sqft
$434
Property Type
House
Property Taxes
$646
HOA Dues
-
Year Built
1969

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Bright MLS #MDMC2120558)

Price History

Date / Event Date Event Price
Apr 9, 2024 Sold
Sold
Mar 9, 2024 In contract -
In contract
Mar 2, 2024 Listed by EXP Realty, LLC $954,000
Listed by EXP Realty, LLC
Apr 26, 2011 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 322
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,237
  • Total Building Area: 2,198
  • Gross Building Area: 2,198
  • Building Area: 2,198
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGENCY EST SEC 2
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C005
  • Legal Description 1: REGENCY EST SEC 2

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701206

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GQ12
  • Account Number: 00106766
  • District: 04
  • Section: 2
  • Parcel: 04-00106766
  • Block: E
  • Lot: 27
  • Latitude: 39.0553
  • Longitude: -77.1778

    Address

  • Full Address: 8623 Wild Olive Dr
  • Address - House Number: 8623
  • Address - Street Name: Wild Olive
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Potomac
  • Carrier Code: C078
  • 4-Digit Zip Code: 3439
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,202

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 907,411
  • High Value: 1,044,267
  • Low Value: 770,555

    Market Valuation

  • Market Total Value: $622,700
  • Market Land Value: $382,400
  • Market Improvement Value: $240,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $622,700
  • Assessed Land Value: $382,400
  • Assessed Improvements Value: $240,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2011
  • Current Sale Recording Date: Apr 26, 2011
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41508/0460
  • Previous Sale Recording Date: Apr 26, 2011
  • Previous Sale Contract Date: Apr 15, 2011
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Potomac


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11432 Cedar Ridge Drive, POTOMAC, MD, 20854

$5,995 /mo

  • 4 Beds
  • 3 Baths
  • 3,196 ft²
11432 Cedar Ridge Drive, POTOMAC, MD, 20854 Listing by Luke Trainor
Unit for rent at 8931 Falls Farm Drive, POTOMAC, MD, 20854

$5,750 /mo

  • 5 Beds
  • 3 Baths
  • 4,257 ft²
8931 Falls Farm Drive, POTOMAC, MD, 20854 Listing by David S. Goldberg
Unit for rent at 11200 Powder Horn Drive, POTOMAC, MD, 20854

$5,600 /mo

  • 5 Beds
  • 3 Baths
  • 3,042 ft²
11200 Powder Horn Drive, POTOMAC, MD, 20854 Listing by David S. Goldberg


Frequently Asked Questions

When was property at 8623 Wild Olive Drive built and last sold?
The property at 8623 Wild Olive Drive was built in 1969 and last sold on Apr 15, 2011 for $635,000.
How much is this home worth?
The estimated value of the home located at 8623 Wild Olive Drive is $963,540.
What are some comparable homes to 8623 Wild Olive Drive?
There are currently no comparable homes to 8623 Wild Olive Drive.