NOT LISTED FOR SALE

18216 Rolling Meadow Way Olney, MD 20832

Estimated Value: $326,811 - $369,000

2 Beds
2 Baths
1,192 Sq Ft
$338/mo HOA Fee

Last Sold April 06, 2018

Last sale price $250,000 $210 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,432/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Upgraded Countertops
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of April 2018

This turn-key 2 Bed, 2 Bath condo is in a highly desirable Olney Community. This home has just what you want! Enjoy the LR/DR open concept with FP + an eat-in kitchen! 2nd-floor living allows the sun-drenched rooms to brighten your day. There is nobody above you - You are on TOP! The carpet is new & the windows are less than 5 yrs old. Walk to parks, dining & public transportation! Great location!

Last Agent to Sell the Property

Marc Dosik

(301) 910-9976 marc@callthefeds.com Century 21 Redwood Realty Listed on: 02/22/2018

Century 21 Redwood Realty

Last Buyer's Agent

Jane Stillwell

(240) 505-9255 team@janestillwell.com RE/MAX Realty Centre, Inc. License #522501

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1987

Lot Details

  • Partially Fenced Property
  • Property is in very good condition

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Storage Shed

Utilities

  • Humidifier
  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802706423

Community Details

Overview

  • Association fees include lawn maintenance, pool(s), trash, snow removal
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1987

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-02-23
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Refrigerator, Dishwasher, Disposal, Washer/Dryer Stacked, Humidifier
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1192
  • Living Area Sq Ft: 1192
  • Price Per Sq Ft: 209.65
  • Above Grade Finished Sq Ft: 1192
  • 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, Storage Barn/Shed
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • 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: 113.85
  • 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, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Trash, Snow Removal
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887269
  • Tax Annual Amount: 2668.83
  • Assessor Parcel Number: 160802706423
  • 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

Listed on
Feb 22, 2018
Closed on
Apr 6, 2018
Sold by
Callegari Louis
Bought by
Giffin Elizabeth
Seller's Agent
Marc Dosik
Century 21 Redwood Realty
Buyer's Agent
Jane Stillwell
RE/MAX Realty Centre, Inc.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$342,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,703
Avg. Annual Appreciation
4.20%
Original Mortgage
$245,471
Outstanding Balance
$211,101
Interest Rate
4.44%
Mortgage Type
FHA
Estimated Equity
$131,602

Purchase Details

Closed on
Feb 22, 2002
Sold by
Callegari Louis
Bought by
Callegari Louis

Purchase Details

Closed on
Apr 10, 1995
Sold by
Graves Nicolette P
Bought by
Callegari Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
8.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giffin Elizabeth $250,000 Title Ins Stewart Title
Callegari Louis -- --
Callegari Louis $106,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giffin Elizabeth $245,471
Previous Owner Callegari Louis $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $250,000 0.0% $210 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $249,900 -- $210 / 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 $290,000 $87,000 $203,000
2024 $3,489 $270,000 $0 $0
2023 $3,238 $250,000 $0 $0
2022 $2,195 $230,000 $69,000 $161,000
2021 $2,110 $226,667 $0 $0
2020 $2,049 $223,333 $0 $0
2019 $4,000 $220,000 $66,000 $154,000
2018 $1,960 $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: 1000185252

Bright MLS

APN: 08-02706423