NOT LISTED FOR SALE

18220 Rolling Meadow Way Olney, MD 20832

Estimated Value: $337,000 - $406,000

3 Beds
3 Baths
1,397 Sq Ft
$312/mo HOA Fee

Last Sold January 23, 2015

Last sale price $240,200 $172 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,575/month

5 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Tennis Courts
  • Olney Elementary School Rated A
  • Community Pool
  • Eat-In Kitchen

About This Home

As of January 2015

Fantastic Floorplan rarely available, within walking distance to all of Olney's happening spot's! Each of these 3 bedrooms has a private bathroom for maximum privacy. Bright open concept living and dining room with a beautiful fireplace as focal point and sliding glass doors leading to fenced patio area. EZ access main level entry. Enjoy the parks, paths, library, restaurants & shops, Bus, I200!

Last Agent to Sell the Property

Alecia Scott

(301) 252-2177 alecia@soldbyscottteam.com Long & Foster Real Estate, Inc. License #RS-0039610 Listed on: 01/08/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

April Jacobson

(301) 801-2164 april.jacobson@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1987

Lot Details

  • Property is in very good condition

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Bedrooms and Bathrooms

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

Schools

  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 160802706445

Community Details

Overview

  • Association fees include pool(s)
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1987

Lot Details

0

HOA Fees

$312 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, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Wall, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Patio
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1397
  • Living Area Sq Ft: 1397
  • Price Per Sq Ft: 171.08
  • Above Grade Finished Sq Ft: 1397
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • 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: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 88.00
  • 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
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887270
  • Tax Annual Amount: 2834.69
  • Assessor Parcel Number: 160802706445
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jan 23, 2015
Sold by
Chesley John W F
Bought by
Leach Cindy
Seller's Agent
Alecia Scott
Long & Foster Real Estate, Inc.
Buyer's Agent
April Jacobson
Coldwell Banker Realty
List Price
$239,000
Sold Price
$240,200
Premium/Discount to List
$1,200
0.5%
Current Estimated Value
$368,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,089
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Jun 27, 2012
Sold by
Chesley John W F and Chesley Patricia E
Bought by
Chesley John W F

Purchase Details

Closed on
Sep 13, 2005
Sold by
Stanton Elroy A
Bought by
Chesley John W F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Leach Cindy $240,200 Title Resources Guaranty Co
Chesley John W F -- Fidelity National
Chesley John W F $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chesley John W F $227,000
Previous Owner Chesley John W F $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $240,200 +0.5% $172 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $239,000 0.0% $171 / Sq Ft
12/21/2012 12/21/12 Rented $1,800 -7.7% --
12/21/2012 12/21/12 Under Contract -- -- --
11/26/2012 11/26/12 For Rent $1,950 -- --
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 $3,911 $335,000 $100,500 $234,500
2024 $3,911 $306,667 $0 $0
2023 $2,834 $278,333 $0 $0
2022 $2,015 $250,000 $75,000 $175,000
2021 $1,165 $246,667 $0 $0
2020 $4,540 $243,333 $0 $0
2019 $4,441 $240,000 $72,000 $168,000
2018 $2,181 $236,667 $0 $0
2017 $2,685 $233,333 $0 $0
2016 $2,021 $230,000 $0 $0
2015 $2,021 $230,000 $0 $0
2014 $2,021 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002299573

Bright MLS

APN: 08-02706445