NOT LISTED FOR SALE

18074 Rolling Meadow Way Olney, MD 20832

Estimated Value: $356,000 - $394,000

3 Beds
2 Baths
1,470 Sq Ft
$354/mo HOA Fee

Last Sold December 22, 2021

Last sale price $320,000 $218 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,609/month

10 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Family Room Off Kitchen
  • Olney Elementary School Rated A
  • Breakfast Area or Nook
  • Fireplace

About This Home

As of December 2021

Welcome to this bright, spacious, main level condo in the heart of Olney. Featuring 3 bedrooms, 2 full bathrooms, it has all the aesthetic charm you could want. Walk in to a large living room centered around the wood-burning fireplace for those cold winter days which also ties in through an open concept to the dining area. The eat-in kitchen offers plenty of room with ample storage in the wrap around cabinets and countertop. The primary suite features large windows, a walk-in closet, and an updated en-suite primary bathroom. The additional two bedrooms are also very well proportioned and each could also function as a very large office space. Down the hall you will find a second full bathroom. Outside, you can enjoy outdoor entertaining on your private patio.

The unit offers brand new carpet throughout, fresh paint, and a brand new HVAC system for increased efficiency and peace of mind. All this is conveniently located within walking distance of all the amenities Olney has to offer as well as a short drive to the ICC.

Last Agent to Sell the Property

Ray Boss

(301) 221-2327 raybossjr@gmail.com RE/MAX Realty Centre, Inc. Listed on: 11/19/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Daniel Whiting

(240) 447-0014 danwsellshomes@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1987

Lot Details

  • 3,093

HOA Fees

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802737663

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Homeland Village Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,912

Year Built

Built in 1987

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-19
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1470
  • Living Area Sq Ft: 1470
  • Price Per Sq Ft: 217.62
  • Above Grade Finished Sq Ft: 1470
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 129.87
  • 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: Common Grounds, Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937900
  • Tax Annual Amount: 2912.00
  • Assessor Parcel Number: 160802737663
  • 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
Nov 19, 2021
Closed on
Dec 22, 2021
Sold by
Sutton Matthew Charles and Sutton Casey Elizabeth
Bought by
Smart Ryan and Smart Veronica
Seller's Agent
Ray Boss
RE/MAX Realty Centre, Inc.
Buyer's Agent
Daniel Whiting
Long & Foster Real Estate, Inc.
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$369,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,879
Avg. Annual Appreciation
3.73%
Original Mortgage
$240,000
Outstanding Balance
$220,350
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$149,529

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 12, 2016
Sold by
Moore Bryan H and Moore Leslie Martin
Bought by
Sutton Matthew Charles and Sutton Casey Elizabeth
Seller's Agent
Kathy Dixon
RE/MAX Realty Centre, Inc.
Buyer's Agent
Raymond Boss
RE/MAX Realty Group
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$231,888
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2012
Sold by
Moore Bryan H and Moore Leslie Martin
Bought by
Moore Bryan H and Moore Leslie Martin

Purchase Details

Closed on
Feb 17, 2004
Sold by
Moore Bryan
Bought by
Moore Bryan

Purchase Details

Closed on
Jun 10, 2003
Sold by
Stolman Irene D Tr
Bought by
Moore Bryan
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
Smart Ryan $320,000 Rgs Title Llc
Sutton Matthew Charles $239,900 First American Title Ins Co
Moore Bryan H -- None Available
Moore Bryan -- --
Moore Bryan $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Ryan $240,000
Previous Owner Sutton Matthew Charles $231,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $320,000 0.0% $218 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $319,900 +33.3% $218 / Sq Ft
05/12/2016 05/12/16 Sold $239,900 0.0% $163 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $239,900 -- $163 / 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 $3,719 $315,000 $94,500 $220,500
2024 $3,719 $290,000 $0 $0
2023 $3,411 $265,000 $0 $0
2022 $2,997 $240,000 $72,000 $168,000
2021 $4,440 $236,667 $0 $0
2020 $4,221 $233,333 $0 $0
2019 $4,221 $230,000 $69,000 $161,000
2018 $2,504 $226,667 $0 $0
2017 $2,784 $223,333 $0 $0
2016 -- $220,000 $0 $0
2015 $2,606 $220,000 $0 $0
2014 $2,606 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2023300

Bright MLS

APN: 08-02737663