NOT LISTED FOR SALE

18111 Rolling Meadow Way Unit 248 Olney, MD 20832

Estimated Value: $312,000 - $367,000

2 Beds
2 Baths
1,155 Sq Ft
$328/mo HOA Fee

Last Sold September 26, 2017

Last sale price $245,000 $212 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,374/month

Highlights

  • Open Floorplan
  • Clubhouse
  • Main Floor Bedroom
  • Olney Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of September 2017

Lovely updated 2 BR, 2 BA 1st flr condo walking distance to downtown Olney! New carpeting & freshly paint, Liv rm w/fireplace & separate Din rm, granite Kitchen w/new appliances & both BA's updated! Eat-in kitchen w/door to the nice brick patio. Master BR w/walk-in, plus lots of additional closet & storage space! Across from community pool & tennis court, & around the corner from the new Library!

Last Agent to Sell the Property

Robert Kerxton

(301) 785-9075 rkerxton@remax.net RE/MAX Realty Centre, Inc. Listed on: 06/29/2017

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Susan Ellis

(301) 367-9032 susanellishomes@gmail.com RE/MAX Realty Centre, Inc. License #504124

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1987

Lot Details

  • 3,136

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,155 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160802732648

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, trash
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,554

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
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Chair Railings, Upgraded Countertops, Primary Bath(s), Window Treatments, Entry Level Bedroom, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1155
  • Living Area Sq Ft: 1155
  • Price Per Sq Ft: 216.36
  • Above Grade Finished Sq Ft: 1155
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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: Unassigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available, Cable Tv Available
  • 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: Club House, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

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: 13937831
  • Tax Annual Amount: 2553.81
  • Assessor Parcel Number: 160802732648
  • 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

Closed on
Mar 7, 2024
Sold by
Robertson Cynthia
Bought by
Klein Kevin and Mclane Kristina
Current Estimated Value
$333,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,124
Outstanding Balance
$287,541
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$45,956

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 26, 2017
Sold by
Lebo Carl G and Lebo Allison B
Bought by
Robertson Cynthia
Seller's Agent
Robert Kerxton
RE/MAX Realty Centre, Inc.
Buyer's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$240,560
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2002
Sold by
Bolton Steven L and Bolton B J
Bought by
Lebo Carl G

Purchase Details

Closed on
Nov 9, 1994
Sold by
Shepherd Olive F
Bought by
Bolton Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Klein Kevin $319,000 District Title
Klein Kevin $319,000 District Title
Robertson Cynthia $245,000 Stewart Title
Lebo Carl G $142,000 --
Bolton Steven L $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Kevin $292,124
Closed Klein Kevin $292,124
Previous Owner Robertson Cynthia $240,560
Previous Owner Bolton Steven L $103,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $245,000 0.0% $212 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $245,000 -- $212 / 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 $3,489 $295,000 $88,500 $206,500
2024 $3,489 $270,000 $0 $0
2023 $2,454 $245,000 $0 $0
2022 $1,773 $220,000 $66,000 $154,000
2021 $1,999 $216,667 $0 $0
2020 $1,939 $213,333 $0 $0
2019 $3,780 $210,000 $63,000 $147,000
2018 $1,849 $206,667 $0 $0
2017 $2,554 $203,333 $0 $0
2016 -- $200,000 $0 $0
2015 $2,391 $200,000 $0 $0
2014 $2,391 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Kerxton

    Seller's Agent in 2017

    Robert Kerxton

    RE/MAX

    (301) 785-9075

    5 in this area

    61 Total Sales

    Robert Kerxton
    Section Image
  • Susan Ellis

    Buyer's Agent in 2017

    Susan Ellis

    RE/MAX

    (301) 367-9032

    65 in this area

    124 Total Sales

    Susan Ellis
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000193363

Bright MLS

APN: 08-02732648

Maryland Montgomery County Olney 20832

18111 Rolling Meadow Way Unit 248, Olney, MD

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