NOT LISTED FOR SALE

18040 Rolling Meadow Way Olney, MD 20832

Estimated Value: $317,195 - $340,000

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

Last Sold April 27, 2018

Last sale price $215,000 $218 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,334/month

64 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Pool
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Tennis Courts

About This Home

As of April 2018

REDUCED!! MOTIVATED SELLER! Well maintained 2 level condo located in sought after Homeland Village community. Featuring 2 bedrooms and 2 full baths. Spacious living room and dining area. Eat in kitchen. Private patio. Close to shopping, public transportation and minutes away from inter counter connector. PRICED TO SELL! A MUST SEE!

Last Agent to Sell the Property

Frances McGlaughlin

(240) 994-1607 francesmcglaughlin@gmail.com RE/MAX Realty Services License #0225229510 Listed on: 01/11/2018

RE/MAX Realty Services

Last Buyer's Agent

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1987

Lot Details

  • 3,136

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 986 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Screen For Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160802750512

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, insurance, recreation facility, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

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: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Oven/Range - Electric, Dishwasher, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Primary Bath(s), Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Patio
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 986
  • Living Area Sq Ft: 986
  • Price Per Sq Ft: 228.14
  • Above Grade Finished Sq Ft: 986
  • 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: 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
  • Type Of Parking: Off Street

Utilities

  • Refuse: 205.11
  • 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: 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: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Restrictions
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13938009
  • Tax Annual Amount: 2668.83
  • Assessor Parcel Number: 160802750512
  • 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
Jan 11, 2018
Closed on
Apr 27, 2018
Sold by
Robinson Joyce A and Johnson Mary E
Bought by
Lee Felice Jessica
Seller's Agent
Frances McGlaughlin
RE/MAX Realty Services
Buyer's Agent
Karen Rollings
EXP Realty, LLC
List Price
$239,999
Sold Price
$215,000
Premium/Discount to List
-$24,999
-10.42%
Current Estimated Value
$324,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,799
Avg. Annual Appreciation
5.56%
Original Mortgage
$204,250
Outstanding Balance
$175,866
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$148,933

Purchase Details

Closed on
Dec 2, 2005
Sold by
Robinson Joyce A
Bought by
Robinson Joyce A

Purchase Details

Closed on
Nov 14, 2005
Sold by
Robinson Joyce A
Bought by
Robinson Joyce A

Purchase Details

Closed on
Oct 5, 2001
Sold by
Barbely Eric
Bought by
Robinson Joyce A

Purchase Details

Closed on
Sep 14, 1999
Sold by
Susinno Carl P and Susinno H M
Bought by
Barbely Eric

Purchase Details

Closed on
Sep 5, 1997
Sold by
Dennis Leslie B
Bought by
Madison Raymond C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Felice Jessica $215,000 Capitol Titel Ins Agcy
Robinson Joyce A -- --
Robinson Joyce A -- --
Robinson Joyce A $126,000 --
Barbely Eric $102,500 --
Madison Raymond C $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Felice Jessica $204,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $215,000 -4.4% $218 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $224,950 -6.3% $228 / Sq Ft
01/11/2018 01/11/18 For Sale $239,999 -- $243 / 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 $3,565 $300,000 $90,000 $210,000
2024 $3,565 $276,667 $0 $0
2023 $2,580 $253,333 $0 $0
2022 $2,195 $230,000 $69,000 $161,000
2021 $1,882 $226,667 $0 $0
2020 $2,049 $223,333 $0 $0
2019 $4,000 $220,000 $66,000 $154,000
2018 $2,394 $216,667 $0 $0
2017 $1,977 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $365 $210,000 $0 $0
2014 $365 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004438807

Bright MLS

APN: 08-02750512