NOT LISTED FOR SALE

18006 Rolling Meadow Way Olney, MD 20832

Estimated Value: $328,418 - $366,000

2 Beds
2 Baths
1,233 Sq Ft
$319/mo HOA Fee

Last Sold June 30, 2015

Last sale price $230,000 $187 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,415/month

41 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Community Pool
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Tennis Courts

About This Home

As of June 2015

**Price Reduced!** Need to get away...how about a spacious end unit condo in Homeland Village with 2 Large BR's, 2 Full BA's, carpeted BR's, and a wood burning fireplace. Also features Cathedral Ceilings and an Eat-In Kit w/walkout to private balcony. Near shopping & transportation. Serenity, comfort, and convenience can be yours! Call today for more details.

Last Agent to Sell the Property

Jeremiah Ganeto

(301) 661-1193 jdg@lnf.com Long & Foster Real Estate, Inc. License #36850 Listed on: 04/24/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mac McCord

(202) 439-4500 mac@macmccord.com Samson Properties License #579745

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1987

Lot Details

  • Property is in very good condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Free Parking
  • Unassigned Parking

Schools

  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802751015

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, insurance, parking fee, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,611

Year Built

Built in 1987

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Stove, Oven - Single
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Family Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1233
  • Living Area Sq Ft: 1233
  • Price Per Sq Ft: 188.97
  • Above Grade Finished Sq Ft: 1233
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Unassigned

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 95.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 224.25
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Parking Fee, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887578
  • Tax Annual Amount: 2610.69
  • Assessor Parcel Number: 160802751015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 26, 2015
Sold by
Segreti Ben J
Bought by
Haynes Nakia S and Smith Octavia D
Seller's Agent
Jeremiah Ganeto
Long & Foster Real Estate, Inc.
Buyer's Agent
Mac McCord
Samson Properties
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$343,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,105
Avg. Annual Appreciation
3.91%
Original Mortgage
$222,323
Outstanding Balance
$173,415
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$169,690

Purchase Details

Closed on
Dec 30, 1996
Sold by
Dill Kevin and Dill S A
Bought by
Segreti Ben J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Haynes Nakia S $230,000 Rsi Title Llc
Segreti Ben J $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Nakia S $222,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $230,000 -1.3% $187 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/18/2015 05/18/15 Price Changed $233,000 -2.9% $189 / Sq Ft
04/24/2015 04/24/15 For Sale $239,900 0.0% $195 / Sq Ft
06/06/2014 06/06/14 Rented $1,600 0.0% --
06/06/2014 06/06/14 Under Contract -- -- --
05/09/2014 05/09/14 For Rent $1,600 0.0% --
04/24/2013 04/24/13 Rented $1,600 0.0% --
04/22/2013 04/22/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $1,600 +3.2% --
04/15/2012 04/15/12 Rented $1,550 -11.4% --
04/10/2012 04/10/12 Under Contract -- -- --
10/17/2011 10/17/11 For Rent $1,750 -- --
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 $3,489 $290,000 $87,000 $203,000
2024 $3,489 $270,000 $0 $0
2023 $3,238 $250,000 $0 $0
2022 $1,854 $230,000 $69,000 $161,000
2021 $2,801 $226,667 $0 $0
2020 $2,692 $223,333 $0 $0
2019 $2,692 $220,000 $66,000 $154,000
2018 $2,394 $216,667 $0 $0
2017 $2,669 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $2,498 $210,000 $0 $0
2014 $2,498 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002327067

Bright MLS

APN: 08-02751015