NOT LISTED FOR SALE

18026 Rolling Meadow Way Olney, MD 20832

Estimated Value: $302,575 - $373,000

2 Beds
2 Baths
898 Sq Ft
$328/mo HOA Fee

Last Sold April 13, 2018

Last sale price $255,000 $284 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,367/month

79 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Attic
  • Olney Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2018

Reduced to $259K! Beautifully updated condo, freshly painted, professionally cleaned condo. with Granite counter tops, updated baths, and fireplace! Community pool, tennis courts and tot lots included in the condo. fee. Conveniently located to transportation, restaurants, grocery, library, post office and more!

Last Agent to Sell the Property

Joanne Siarkas

(301) 674-3819 jsiarkas@comcast.net RE/MAX Realty Centre, Inc. License #604966 Listed on: 12/06/2017

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Peter Kim

(301) 919-4266 peter@bethesdarealtygrp.com Bethesda Realty Group LLC License #SP98370165

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1987

Lot Details

  • 3,136

HOA Fees

Parking

  • Free Parking

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 898 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Wainscoting
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802750614

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), trash
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision
  • The community has rules related to recreational equipment, covenants, parking rules

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1987

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Galley, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Crown Moldings, Wainscotting, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 1, Laundry, Attic
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 898
  • Living Area Sq Ft: 898
  • Price Per Sq Ft: 288.42
  • 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: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum 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

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 103.50
  • 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, Bike Trail, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Trash
  • HOA Condo Co-Op Rules: Covenants, Parking, Pets - Allowed, Rec Equip
  • HOA: Yes
  • Senior Community: No

Lot Info

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

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887562
  • Tax Annual Amount: 2668.83
  • Assessor Parcel Number: 160802750614
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Apr 13, 2018
Sold by
Wallen Mark E
Bought by
Hagan Jennifer M
Seller's Agent
Joanne Siarkas
RE/MAX Realty Centre, Inc.
Buyer's Agent
Peter Kim
Bethesda Realty Group LLC
List Price
$268,000
Sold Price
$255,000
Premium/Discount to List
-$13,000
-4.85%
Current Estimated Value
$333,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,644
Avg. Annual Appreciation
3.58%
Original Mortgage
$233,000
Outstanding Balance
$200,376
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$133,268

Purchase Details

Closed on
Dec 2, 2013
Sold by
Wallen Mark E and Wallen Gwenyth R
Bought by
Wallen Laura E

Purchase Details

Closed on
Mar 4, 2005
Sold by
Molovinsky Gene
Bought by
Wallen Mark E

Purchase Details

Closed on
Nov 24, 2003
Sold by
Zuares Daniel J
Bought by
Molovinsky Gene

Purchase Details

Closed on
May 22, 2002
Sold by
Zuares Araham
Bought by
Zuares Daniel 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
Hagan Jennifer M $255,000 Aspen Title
Wallen Laura E $227,000 First American Title Ins Co
Wallen Mark E $250,000 --
Wallen Mark E $250,000 --
Molovinsky Gene $199,000 --
Molovinsky Gene $199,000 --
Zuares Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagan Jennifer M $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $255,000 -4.9% $284 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $268,000 -- $298 / Sq Ft
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 $3,891 $246,667 $0 $0
2022 $2,195 $230,000 $69,000 $161,000
2021 $1,882 $226,667 $0 $0
2020 $4,099 $223,333 $0 $0
2019 $4,000 $220,000 $66,000 $154,000
2018 $1,960 $216,667 $0 $0
2017 $1,977 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 -- $210,000 $0 $0
2014 -- $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004278991

Bright MLS

APN: 08-02750614