NOT LISTED FOR SALE

18227 Leman Lake Dr Olney, MD 20832

Estimated Value: $313,000 - $319,000

2 Beds
2.5 Baths
1,137 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $270,000 $237 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,337/month

18 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Fireplace
  • Brooke Grove Elementary School Rated A
  • Community Pool
  • Level Entry For Accessibility

About This Home

As of November 2022

WELCOME HOME! Enjoy views of the lake from the master bedroom and the back patio. The unit has 2 levels with Bedrooms and Laundry upstairs, lower level foyer and kitchen, dining room and family room on the first level. The family room opens to the spacious patio with a pergola-style covering. Enjoy breathtaking views of the lake from the patio while enjoying the morning sun! One assigned parking space right in front and plenty of guest parking available. Located in the heart of Olney, you are just minutes away from Olney's finest restaurants and premier shopping. Don't delay - Freshly painted 2022, updated lighting 2022, updated bathroom 2022

Last Agent to Sell the Property

Hector Lopez Reyes

(240) 893-9007 Lopezreyeshr@gmail.com Spring Hill Real Estate, LLC. License #5006363 Listed on: 10/07/2022

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Hersh Kapoor

(240) 888-5094 hershkapoor@gmail.com Long & Foster Real Estate, Inc. License #0225253870

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1987

Lot Details

  • 2,222

HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802766938

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Environ HOA, Phone Number (301) 924-4050
  • Tide Water Condos
  • Fair Hill Codm Community
  • Fair Hill Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,768

Year Built

Built in 1987

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Stove/ Range, Microwave, Refrigerator, Dishwasher, Disposer, Washer, Dryer, Ceiling fans
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 248.81
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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: 244.78
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 150.38
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 366.74
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tide Water
  • HOA Condo Co-Op Amenities: Common Grounds, Lake
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: ENVIRON
  • HOA Phone: 301.924.4050
  • 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: PD9
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887644
  • Tax Annual Amount: 2768.00
  • Assessor Parcel Number: 160802766938
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 22, 2022
Sold by
Abbott Benjamin James
Bought by
Dowdy Ryan
Seller's Agent
Hector Lopez Reyes
Spring Hill Real Estate, LLC.
Buyer's Agent
Hersh Kapoor
Long & Foster Real Estate, Inc.
List Price
$282,900
Sold Price
$270,000
Premium/Discount to List
-$12,900
-4.56%
Views
7
Current Estimated Value
$315,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,619
Avg. Annual Appreciation
5.47%
Original Mortgage
$261,900
Outstanding Balance
$250,431
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$65,188

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jul 31, 2015
Sold by
Hamilton Ellen G and Hottinger Ellen G
Bought by
Abbott Benjamin James and Abbott Ana Maria
Seller's Agent
Eve Marinik
Samson Properties
Buyer's Agent
Jeffrey Daly
Douglas Realty
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$211,105
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1993
Sold by
Notara M
Bought by
Hamilton Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dowdy Ryan $261,900 --
Abbott Benjamin James $215,000 Attorney
Hamilton Ellen G $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowdy Ryan $261,900
Previous Owner Abbott Benjamin James $211,105
Previous Owner Hamilton Ellen G $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $270,000 -4.6% $237 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/22/2022 10/22/22 For Sale $282,900 +4.8% $249 / Sq Ft
10/17/2022 10/17/22 Off Market $270,000 -- --
10/07/2022 10/07/22 For Sale $282,900 0.0% $249 / Sq Ft
10/01/2020 10/01/20 Rented $1,850 +2.8% --
09/10/2020 09/10/20 Under Contract -- -- --
08/01/2020 08/01/20 For Rent $1,800 +2.9% --
05/24/2018 05/24/18 Rented $1,750 -5.4% --
05/23/2018 05/23/18 Under Contract -- -- --
05/08/2018 05/08/18 For Rent $1,850 0.0% --
07/31/2015 07/31/15 Sold $215,000 0.0% $189 / Sq Ft View Prior Sale
06/27/2015 06/27/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $215,000 +2.4% $189 / Sq Ft
06/25/2015 06/25/15 For Sale $209,900 -- $185 / 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 $3,210 $260,000 $78,000 $182,000
2024 $3,210 $246,667 $0 $0
2023 $3,729 $233,333 $0 $0
2022 $1,773 $220,000 $66,000 $154,000
2021 $1,954 $213,333 $0 $0
2020 $1,858 $206,667 $0 $0
2019 $3,544 $200,000 $60,000 $140,000
2018 $1,694 $193,333 $0 $0
2017 $1,625 $186,667 $0 $0
2016 -- $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

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Map

Source: Bright MLS

MLS Number: MDMC2071482

Bright MLS

APN: 08-02766938