NOT LISTED FOR SALE

18128 Rolling Meadow Way Olney, MD 20832

Estimated Value: $265,162 - $310,000

1 Bed
1 Bath
1,005 Sq Ft
$353/mo HOA Fee

Last Sold October 28, 2021

Last sale price $240,000 $239 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,125/month

132 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Jogging Path
  • Olney Elementary School Rated A
  • Tennis Courts
  • Central Air

About This Home

As of October 2021

Welcome home! Located in cul de sac in the heart of Olney. This charming one bedroom and one bath updated unit with granite countertops , fireplace, and not to mention spacious 1,005 sq ft. of living space. With the unit; enjoy the usage of the clubhouse, lay out at the community pool during the summer months, play tennis at the court, and enjoy the park and jogging path/trails in this beautiful community. The condo association also takes care of the roofing, exterior paint, gutters, and much more. A convenient location with walking distance to Olney library, close by shopping, dining, parks, and nearby entertainments. Such a great starter home to call it yours! 6 months home warranty included!

Last Agent to Sell the Property

Pei-wen Chang

(240) 271-6028 pwchang711@gmail.com Northgate Realty, LLC License #0225258365 Listed on: 05/20/2021

Last Buyer's Agent

Stacy Berman

(301) 466-4056 stacy.berman@rlahre.com RLAH @properties License #574973

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1987

Lot Details

  • 3,093

HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802713350

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,361

Year Built

Built in 1987

Lot Details

0

HOA Fees

$353 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: Main
  • Expected On Market: 2021-05-20
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 248.66
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Unfinished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 128.88
  • 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, Common Grounds, Tennis Courts, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Trash, Pool(s), Lawn Maintenance, Common Area Maintenance, Insurance, Ext Bldg Maint, Management
  • 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: 154000.00
  • Land Assessed Value: 66000.00
  • Zoning: PD7
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13937801
  • Tax Annual Amount: 2361.00
  • Assessor Parcel Number: 160802713350
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Oct 28, 2021
Sold by
Park Brian
Bought by
Brandt Erik Lund
Seller's Agent
Pei-wen Chang
Northgate Realty, LLC
Buyer's Agent
Stacy Berman
RLAH @properties
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Current Estimated Value
$289,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,041
Avg. Annual Appreciation
4.63%
Original Mortgage
$204,000
Outstanding Balance
$186,643
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$102,398

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 21, 2018
Sold by
Grotsky Sharon H
Bought by
Park Brian
Seller's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
Buyer's Agent
George Papakostas
Long & Foster Real Estate, Inc.
List Price
$224,900
Sold Price
$227,000
Premium/Discount to List
$2,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$181,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Waddington Meredith Jossi
Bought by
Grotsky Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,150
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2007
Sold by
Wakefield Ian C
Bought by
Jossi Meredith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Wakefield Ian C
Bought by
Jossi Meredith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Thompson Dorothy
Bought by
Wakefield Ian C

Purchase Details

Closed on
Oct 9, 1998
Sold by
Cheryl A La Pointe
Bought by
Thompson Dorothy
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
Brandt Erik Lund $240,000 National Capital T&E Llc
Park Brian $227,000 Gpn Title Inc
Grotsky Sharon H $197,000 Stewart Title
Jossi Meredith K $242,000 --
Jossi Meredith K $242,000 --
Wakefield Ian C $147,000 --
Wakefield Ian C $147,000 --
Thompson Dorothy $80,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandt Erik Lund $204,000
Previous Owner Park Brian $181,600
Previous Owner Grotsky Sharon H $187,150
Previous Owner Jossi Meredith K $193,600
Previous Owner Jossi Meredith K $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2021 10/28/21 Sold $240,000 -4.0% $239 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $249,900 -2.0% $249 / Sq Ft
06/13/2021 06/13/21 Price Changed $255,000 -1.5% $254 / Sq Ft
05/20/2021 05/20/21 For Sale $259,000 +14.1% $258 / Sq Ft
08/21/2018 08/21/18 Sold $227,000 +0.9% $226 / Sq Ft View Prior Sale
07/30/2018 07/30/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $224,900 -- $224 / 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 $3,028 $235,000 $70,500 $164,500
2024 $3,028 $230,000 $0 $0
2023 $3,642 $225,000 $0 $0
2022 $2,085 $220,000 $66,000 $154,000
2021 $3,852 $210,000 $0 $0
2020 $3,584 $200,000 $0 $0
2019 $3,339 $190,000 $57,000 $133,000
2018 $1,628 $186,667 $0 $0
2017 $1,632 $183,333 $0 $0
2016 $1,592 $180,000 $0 $0
2015 $1,592 $180,000 $0 $0
2014 $1,592 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pei-wen Chang

    Seller's Agent in 2021

    Pei-wen Chang

    Northgate Realty, LLC

    (240) 271-6028

    2 in this area

    17 Total Sales

    Pei-wen Chang
    Section Image
  • Stacy Berman

    Buyer's Agent in 2021

    Stacy Berman

    Real Living at Home

    (301) 466-4056

    1 in this area

    50 Total Sales

    Stacy Berman
    Section Image
  • Susan Ellis

    Seller's Agent in 2018

    Susan Ellis

    RE/MAX

    (301) 367-9032

    63 in this area

    119 Total Sales

    Susan Ellis
    Section Image
  • George Papakostas

    Buyer's Agent in 2018

    George Papakostas

    Long & Foster

    (202) 997-2515

    5 in this area

    125 Total Sales

    George Papakostas
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC758638

Bright MLS

APN: 08-02713350

Maryland Montgomery County Olney 20832

18128 Rolling Meadow Way, Olney, MD

Not Listed for Sale

Condos

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