NOT LISTED FOR SALE

18014 Rolling Meadow Way Olney, MD 20832

Estimated Value: $314,564 - $355,000

2 Beds
2 Baths
898 Sq Ft
$361/mo HOA Fee

Last Sold September 07, 2022

Last sale price $306,000 $341 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,391/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Vaulted Ceiling
  • Olney Elementary School Rated A
  • Dual Staircase
  • Transitional Architecture

About This Home

As of September 2022

A COZY OASIS: This BEAUTIFUL 2-BEDROOM, 2-BATH MULTI LEVEL CONDO WITH OPEN FLOOR PLAN is perfectly designed with high vaulted ceilings and ample space for your enjoyment and entertaining. Immediately you will find yourself in a large sunny Living Room with Corner Wood Burning Fireplace and Sliding Glass Doors leading to your patio overlooking common space. The living room flows directly into a Dining Area that allows for comfortable seating. The Galley Styled Eat-in Kitchen showcases Cherry Wood cabinets with Brushed Nickel Hardware, Granite countertops, Stainless Steel appliances and Hardwood Flooring. Immediately down the hall is a Full Bathroom featuring Tub/Shower Combination and Ceramic Floor Tile adjacent to the Optional Main Level Master Bedroom with Walk-in Closet. The Private Second Level has it’s own Spacious Master Bathroom with lots of natural light and ensuite.
Fall in love with the may amenities at Homeland Village including pool, clubhouse, tennis courts, and playgrounds. Walking distance to restaurants, post office, library. Say no more. Let us be the first to Welcome You Home!

Last Agent to Sell the Property

LaToya Anderson

(240) 630-4622 lta5s@yahoo.com KW Metro Center Listed on: 08/11/2022

KW Metro Center

Last Buyer's Agent

Cassandra Offutt

(240) 409-6000 cassandrao@kw.com Keller Williams Realty Centre

Keller Williams Realty Centre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1987

Lot Details

  • No Through Street
  • Property is in very good condition

HOA Fees

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 898 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160802751050

Community Details

Overview

  • Association fees include management, parking fee, snow removal, trash
  • Homeland Village Community Assoc. HOA, Phone Number (301) 468-8919
  • Low-Rise Condominium
  • Comsource Condos, Phone Number (301) 924-7355
  • Homeland Village Subdivision, Townhouse Style Floorplan
  • Property Manager

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Center
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,801

Year Built

Built in 1987

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Transitional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances, all light fixtures
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-11
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Range Hood, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Additional Stairway, Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Pantry, Window Treatments
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: High, 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 898
  • Living Area Sq Ft: 898
  • Price Per Sq Ft: 322.94
  • Above Grade Finished Sq Ft: 898
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 230.51
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 129.87
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: COMSOURCE
  • Condo Co-Op Phone: 301-924-7355
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Parking Fee, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: HOMELAND VILLAGE COMMUNITY ASSOC.
  • HOA Phone: 301-468-8919
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent
  • High School: SHERWOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Lot Features: Interior, No Thru Street
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13938023
  • Tax Annual Amount: 2801.00
  • Assessor Parcel Number: 160802751050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 7, 2022
Sold by
Melvin Malaka
Bought by
Asel Julia Elizabeth
Seller's Agent
LaToya Anderson
KW Metro Center
Buyer's Agent
Cassandra Offutt
Keller Williams Realty Centre
List Price
$290,000
Sold Price
$306,000
Premium/Discount to List
$16,000
5.52%
Views
18
Current Estimated Value
$331,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,891
Avg. Annual Appreciation
2.62%
Original Mortgage
$244,800
Outstanding Balance
$232,150
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$99,741

Purchase Details

Closed on
Jul 21, 2003
Sold by
Baylor Terry M
Bought by
Malaka Melvin

Purchase Details

Closed on
May 9, 2002
Sold by
Migliozzi Robert J 2Nd
Bought by
Baylor Terry M
Source: Public Records

Range of Values:

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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
Asel Julia Elizabeth $306,000 Fidelity National Title
Malaka Melvin $203,000 --
Baylor Terry M $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asel Julia Elizabeth $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $306,000 +5.5% $341 / Sq Ft
08/11/2022 08/11/22 For Sale $290,000 0.0% $323 / Sq Ft
08/09/2022 08/09/22 Price Changed $290,000 0.0% $323 / Sq Ft
06/12/2018 06/12/18 Rented $1,710 0.0% --
06/12/2018 06/12/18 Under Contract -- -- --
05/12/2018 05/12/18 For Rent $1,710 +0.6% --
08/25/2014 08/25/14 Rented $1,700 0.0% --
08/11/2014 08/11/14 Under Contract -- -- --
07/14/2014 07/14/14 For Rent $1,700 +2.4% --
01/22/2013 01/22/13 Rented $1,660 0.0% --
01/14/2013 01/14/13 Under Contract -- -- --
12/15/2012 12/15/12 For Rent $1,660 -- --
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 $3,412 $280,000 $84,000 $196,000
2024 $3,412 $263,333 $0 $0
2023 $2,507 $246,667 $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: MDMC2063304

Bright MLS

APN: 08-02751050