$255,000
SOLD OCT 27, 2021

18054 Rolling Meadow Way Unit 259 Olney, MD 20832

2 Beds
2 Baths
1,233 Sq Ft
$354/mo HOA Fee

Recently Sold

$207 Per Sq Ft

11% Below List Price

102 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Olney Elementary School Rated A
  • Tennis Courts

About This Home

As of September 2024

Welcome to this cozy and well maintained condo located in the Homeland Village subdivision of Olney. This 2 bedroom 2 bathroom end-unit offers lots of windows providing tons of natural light. The well maintained eat-in kitchen boasts plantation shutters and plenty of cabinet space. Other features include a large master bedroom with walk-in closet, updated hallway bathroom, 2012 HVAC system, in-unit stackable washer and dryer, wood-burning fireplace, new laminate flooring through-out and much more. Community pool, tennis courts, and playground. Quiet tree-lined location near playing field, walking distance to library, schools, several parks, Olney restaurants and shopping. Ample parking for residents and visitors. Commute easily via the ICC and a short drive or bus ride to the red line Shady Grove and Glenmont Metro stations.

Last Agent to Sell the Property

Byron Martinez

RE/MAX Town Center Listed on: 07/07/2021

RE/MAX Town Center

Last Buyer's Agent

Andy Rubin

RE/MAX Realty Centre, Inc. License #653678

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1987

HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802737732

Community Details

Overview

  • Association fees include lawn maintenance, pool(s), management, snow removal
  • Comsource Mngmt For Homeland Village HOA, Phone Number (301) 924-7355
  • Aberis Mngmt For Condo Assoc. Condos, Phone Number (301) 468-8919
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,692

Year Built

Built in 1987

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: See Seller Inclusion/Exclusion disclosures
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-07
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this cozy and well maintained condo located in the Homeland Village subdivision of Olney. This 2 bedroom 2 bathroom end-unit offers lots of windows providing tons of natural light. The well maintained eat-in kitchen boasts plantation shutters and plenty of cabinet space. Other features include a large master bedroom with walk-in closet, updated hallway bathroom, 2012 HVAC system, in-unit stackable washer and dryer, wood-burning fireplace, new laminate flooring through-out and much more. Community pool, tennis courts, and playground. Quiet tree-lined location near playing field, walking distance to library, schools, several parks, Olney restaurants and shopping. Ample parking for residents and visitors. Commute easily via the ICC and a short drive or bus ride to the red line Shady Grove and Glenmont Metro stations.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1233
  • Living Area Sq Ft: 1233
  • Price Per Sq Ft: 220.60
  • Above Grade Finished Sq Ft: 1233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18054

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, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 129.87
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 224.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Aberis mngmt for Condo Assoc.
  • Condo Co-Op Phone: 301.468.8919
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Management, Snow Removal
  • HOA Name: COMSOURCE MNGMT FOR HOMELAND VILLAGE HOA
  • HOA Phone: 301.924.7355
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: PLEASE SEE PUBLIC RECORD
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937903
  • Tax Annual Amount: 2692.00
  • Assessor Parcel Number: 160802737732
  • Tax Total Finished Sq Ft: 1233
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/27/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 6, 2024
Sold by
Anderson Sean
Bought by
Bordak-Roseman Christian R and St Clair Maria
Seller's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
Buyer's Agent
Diane Faulkner
Long & Foster Real Estate, Inc.
List Price
$330,000
Sold Price
$330,000
Total Days on Market
102
Views
410
Current Estimated Value
$331,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,490
Avg. Annual Appreciation
0.62%
Original Mortgage
$237,000
Outstanding Balance
$235,542
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$95,948

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 27, 2021
Sold by
Corrado Michelle E
Bought by
Anderson Sean
Seller's Agent
Byron Martinez
RE/MAX Town Center
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Sep 24, 2007
Sold by
Sheaffer Barbara L
Bought by
Corrado Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Sheaffer Barbara L
Bought by
Corrado Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Ohlhaver Kristina M
Bought by
Sheaffer Barbara L

Purchase Details

Closed on
Apr 29, 2002
Sold by
Murphy Faith C
Bought by
Ohlhaver Kristina M

Purchase Details

Closed on
Mar 9, 1998
Sold by
Ogden Michael J and Ogden J L
Bought by
Murphy Faith C

Purchase Details

Closed on
Feb 10, 1994
Sold by
Ganz P
Bought by
Ogden Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $330,000 Rgs Title
Deed $255,000 First Title & Escrow Inc
Deed $297,000 --
Deed $297,000 --
Deed $291,000 --
Deed $146,000 --
Deed $102,000 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,000 New Conventional
Previous Owner $189,808 New Conventional
Previous Owner $196,500 Purchase Money Mortgage
Previous Owner $196,500 Purchase Money Mortgage
Previous Owner $102,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $330,000 0.0% $268 / Sq Ft
08/14/2024 08/14/24 For Sale $330,000 +29.4% $268 / Sq Ft
10/27/2021 10/27/21 Sold $255,000 -6.3% $207 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $272,000 -2.5% $221 / Sq Ft
09/06/2021 09/06/21 Price Changed $279,000 -0.4% $226 / Sq Ft
09/03/2021 09/03/21 Price Changed $280,000 -1.8% $227 / Sq Ft
08/17/2021 08/17/21 For Sale $285,000 +11.8% $231 / Sq Ft
08/13/2021 08/13/21 Off Market $255,000 -- --
07/09/2021 07/09/21 For Sale $285,000 +11.8% $231 / Sq Ft
07/07/2021 07/07/21 Off Market $255,000 -- --
07/07/2021 07/07/21 For Sale $285,000 -- $231 / 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
2024 $3,182 $243,333 $0 $0
2023 $3,776 $236,667 $0 $0
2022 $2,195 $230,000 $69,000 $161,000
2021 $4,219 $226,667 $0 $0
2020 $4,000 $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 $1,806 $210,000 $0 $0
2014 $1,806 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2003916

Bright MLS

APN: 08-02737732