7308 Olive Tree Ct, Gaithersburg, MD 20879 Property Records

Montgomery County property record for 7308 Olive Tree Ct, Gaithersburg, MD 20879

Property Summary

Property TypeSingle Family Home
Details3.5 ba · 4,855 sqft · built 1994
Lot Size1.12 acres (49,038 sqft)
Owner2 Individual Names on File
Last Sale$452,525 (Jun 1994)
Tax Bill$10,006 (2025)
Flood ZoneZone X (minimal risk)
APN01-02957702

Property Details

APN / Parcel Number

Primary APN01-02957702
Alternative APN
  • 02957702

Interior

Full Baths3.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area4,855 sqft Living Area
Gross Area5,235 sqft
1st Floor Area2,212 sqft
Basement Area651 sqft
Finished Basement651 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1994
Effective Year BuiltEffective 1994
Architectural StyleBi-Level
Exterior MaterialSiding
Roof MaterialComposition Shingle
Lot Area49,038 sqft
Garage TypeAttached
Garage Area380 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
SewerConnected

Location & Zoning

Account Number02957702
Street Address7308 OLIVE TREE CT
CityGAITHERSBURG
StateMD
Zip20879-5708
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeRE1
Legal DescriptionBROOKEVILLE
Legal SubdivisionBROOKEFIELD
Legal BlockC
Legal Lot Number15
JurisdictionMONTGOMERY MD
Township / Civil Division1
Census Block Group3
Census Block3003
Census Tract700103

Owner

7308 Olive Tree Ct is owned and occupied by two individuals who bought it in June 1994.

Source: Montgomery County records, as of August 17, 2026

Owner of Record2 Individual Names on File
Mailing Address7308 OLIVE TREE CT, GAITHERSBURG, MD 20879-5708
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 27, 1994 · Amount on File
Deed SaleJun 27, 1994 · Amount on File
Prior SaleJul 2, 1993 · Amount on File
Deed Book / Page12724 / 133
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 7308 Olive Tree Ct was $10,006.

Source: Montgomery County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateMaryland
CountyMontgomery County
Unified School DistrictMontgomery County Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,049,900 (+11.74%) Land $244,100 Building $805,800$1,049,900 (-) Land $244,100 Building $805,800
2025$10,006.00$939,633$1,049,900 Land $244,100 Building $805,800
2023$719,100 Land $244,100 Building $475,000$719,100 Land $244,100 Building $475,000
2022$7,579.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 7308 Olive Tree Ct in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective April 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims4 (1978–2019)
Claims Outside the SFHA2 of 4
Most Recent ClaimJul 2019 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 7308 Olive Tree Ct is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 41% of Maryland
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemWASHINGTON SUBURBAN SANITARY COMMISSION
serves 1,900,000 people · EPA ID MD0150005
Water SourceSurface water
Last State InspectionMay 2025
LeadUnder 1 ppb (2018–2020)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 82 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber
2,300 / 2,300
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T.

Nearby Properties on Olive Tree Ct

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