NOT LISTED FOR SALE

18209 Leman Lake Dr Unit 508B Olney, MD 20832

Estimated Value: $311,000 - $353,000

2 Beds
1.5 Baths
1,100 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $250,000 $227 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,374/month

Highlights

  • Open Floorplan
  • Community Lake
  • Upgraded Countertops
  • Brooke Grove Elementary School Rated A
  • Contemporary Architecture
  • Community Pool

About This Home

As of June 2019

Great location !!FHA Approved! Close to commute, OBGC Parks, jog, walk, bike, W/C path/ trail/ dog,walk path, seconds to bus stop and great school district . Lot of shopping, Olney Theatre , restaurants, and mins from bus and multiple metro rail stations . Easy access to ICC 200, 197, 32, RT 108 and Rt 95, Downtown Silver Spring & DC. This freshly painted, 2 level,2 bedroom and 1.5 bath, directly overlooking the lake from your rear balcony is well worth your relaxation . Lots of upgrade done , New Carpet, Chimney wall in fireplace replaced, Fresh paint , New flooring in main hall bath, Chimney professionally cleaned, Kitchen Faucet replaced, Broyhill retractable cabinets, stainless steel appliances, double sided refrigerator with ice maker, Front load laundry machine and lot more .

Last Agent to Sell the Property

Hycienth Obiakor

(240) 876-3877 hycienth.obiakor@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/08/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

George Papakostas

(202) 997-2515 GeorgeP@LNF.com Long & Foster Real Estate, Inc. License #577497

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1987

Lot Details

  • 2,222

HOA Fees

Home Design

  • Contemporary Architecture
  • Steel Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

Parking

  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space

Accessible Home Design

  • Lowered Light Switches
  • Doors swing in
  • More Than Two Accessible Exits

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling
  • Heat Pump System
  • Programmable Thermostat
  • Water Heater

Additional Features

  • Energy-Efficient Windows
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 160802767077

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee, snow removal
  • Environ HOA, Phone Number (301) 220-1850
  • Fair Hill Condo Mgt . Condos, Phone Number (301) 220-1850
  • Fair Hill Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Community Center

Recreation

  • Soccer Field
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,312

Year Built

Built in 1987

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits, Accessible Switches/Outlets, Doors - Swing In
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Verizon High speed internet equipment
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-10
  • Federal Flood Zone: No
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Star Clothes Washer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Washer, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Pantry
  • Window Features: Double Pane, Energy Efficient, Screens, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Upper Floor, Washer In Unit
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 225.13
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Steel Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Ceiling, Central, Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 131.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 329.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: FAIR HILL CONDO MGT .
  • Condo Co-Op Phone: 3012201850
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Jog/Walk Path, Lake, Picnic Area, Community Center, Pool - Outdoor, Pool Mem Avail, Soccer Field, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: ENVIRON HOA
  • HOA Phone: 3012201850
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13938058
  • Tax Annual Amount: 2312.00
  • Assessor Parcel Number: 160802767077
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 21, 2019
Sold by
Meyer Brian Christopher
Bought by
Hannan Brooke Taylor
Seller's Agent
Hycienth Obiakor
Long & Foster Real Estate, Inc.
Buyer's Agent
George Papakostas
Long & Foster Real Estate, Inc.
List Price
$247,646
Sold Price
$250,000
Premium/Discount to List
$2,354
0.95%
Current Estimated Value
$326,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,901
Avg. Annual Appreciation
4.31%
Original Mortgage
$242,500
Outstanding Balance
$212,785
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$114,116

Purchase Details

Closed on
Jul 17, 2007
Sold by
Payne Lisa G
Bought by
Meyer Brian Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Payne Lisa G
Bought by
Meyer Brian Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Beavers Dionne M
Bought by
Payne Lisa G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hannan Brooke Taylor $250,000 Gpn Title Inc
Meyer Brian Christopher $254,000 --
Meyer Brian Christopher $254,000 --
Payne Lisa G $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannan Brooke Taylor $242,500
Closed Hannan Brooke Taylor $3,750
Previous Owner Meyer Brian Christopher $203,200
Previous Owner Meyer Brian Christopher $203,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $250,000 +1.0% $227 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $247,646 0.0% $225 / Sq Ft
03/13/2012 03/13/12 Rented $1,450 0.0% --
03/13/2012 03/13/12 Under Contract -- -- --
02/23/2012 02/23/12 For Rent $1,450 -- --
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 $3,479 $285,000 $85,500 $199,500
2024 $3,479 $270,000 $0 $0
2023 $2,594 $255,000 $0 $0
2022 $2,297 $240,000 $72,000 $168,000
2021 $2,065 $223,333 $0 $0
2020 $3,715 $206,667 $0 $0
2019 $2,354 $190,000 $57,000 $133,000
2018 $2,313 $186,667 $0 $0
2017 $2,317 $183,333 $0 $0
2016 $1,481 $180,000 $0 $0
2015 $1,481 $180,000 $0 $0
2014 $1,481 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hycienth Obiakor

    Seller's Agent in 2019

    Hycienth Obiakor

    Long & Foster

    (240) 876-3877

    35 Total Sales

    Hycienth Obiakor
    Section Image
  • George Papakostas

    Buyer's Agent in 2019

    George Papakostas

    Long & Foster

    (202) 997-2515

    6 in this area

    127 Total Sales

    George Papakostas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC649518

Bright MLS

APN: 08-02767077

Maryland Montgomery County Olney 20832

18209 Leman Lake Dr Unit 508B, Olney, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes