NOT LISTED FOR SALE

18229 Rolling Meadow Way Olney, MD 20832

Estimated Value: $266,589 - $305,000

1 Bed
1 Bath
1,005 Sq Ft
$350/mo HOA Fee

Last Sold July 17, 2020

Last sale price $212,000 $211 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,111/month

Highlights

  • Contemporary Architecture
  • Community Pool
  • Central Air
  • Olney Elementary School Rated A
  • Tennis Courts
  • Heat Pump System

About This Home

As of July 2020

Incredible Condo located in the Homeland Village subdivision of Olney. This 1 bedroom 1 bathroom gem sports an updated eat-in kitchen boasting granite countertops, stainless steel appliances, ceramic tile, and ample cabinet space. Other features include a large bedroom with walk-in closet, updated bathroom, updated HVAC system, in-unit washer and dryer, stone front wood-burning fireplace and much more. Community pool, tennis courts, and playground. Quiet tree-lined location near playing field, walking distance to library, schools, several parks, Olney restaurants and shopping. Ample free parking for residents and visitors. Commute easily via the ICC and a short drive or bus ride to Shady Grove and Glenmont Metro stations.

Last Agent to Sell the Property

Russell Chandler

(240) 988-7609 russell.chandler@redfin.com Redfin Corp Listed on: 05/05/2020

Redfin Corp

Last Buyer's Agent

Lida Ning

(301) 661-8805 lning00@gmail.com Libra Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1987

Lot Details

  • 3,136

HOA Fees

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 160802706310

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), trash
  • 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

$2,361

Year Built

Built in 1987

Lot Details

0

HOA Fees

$350 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
  • Year Built: 1987
  • Remarks Public: Incredible Condo located in the Homeland Village subdivision of Olney. This 1 bedroom 1 bathroom gem sports an updated eat-in kitchen boasting granite countertops, stainless steel appliances, ceramic tile, and ample cabinet space. Other features include a large bedroom with walk-in closet, updated bathroom, updated HVAC system, in-unit washer and dryer, stone front wood-burning fireplace and much more. Community pool, tennis courts, and playground. Quiet tree-lined location near playing field, walking distance to library, schools, several parks, Olney restaurants and shopping. Ample free parking for residents and visitors. Commute easily via the ICC and a short drive or bus ride to Shady Grove and Glenmont Metro stations.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 217.91
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18229

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.93
  • 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: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 140000.00
  • Land Assessed Value: 60000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887264
  • Tax Annual Amount: 2361.00
  • Assessor Parcel Number: 160802706310
  • Tax Total Finished Sq Ft: 1005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/17/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 17, 2020
Sold by
Halpert Noah
Bought by
Yang Hsin Fang
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Lida Ning
Libra Realty, LLC
List Price
$229,000
Sold Price
$212,000
Premium/Discount to List
-$17,000
-7.42%
Current Estimated Value
$287,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,897
Avg. Annual Appreciation
5.97%
Original Mortgage
$169,600
Outstanding Balance
$119,286
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$168,611

Purchase Details

Listed on
Apr 26, 2013
Closed on
May 30, 2013
Sold by
Hess Lukes W and Hess Kathleen Goddard
Bought by
Halpert Noah
Seller's Agent
Lynn Holland
RE/MAX Realty Centre, Inc.
Buyer's Agent
Judy & Mitch Milstein
Long & Foster Real Estate, Inc.
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$160,000
Interest Rate
3.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 6, 2007
Sold by
Fuller Elaine L
Bought by
Hess Lukes W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Fuller Elaine L
Bought by
Hess Lukes W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yang Hsin Fang $212,000 Hutton Patt T&E Llc
Halpert Noah $200,000 Fidelity Natl Title Ins Co
Hess Lukes W $242,500 --
Hess Lukes W $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Hsin Fang $169,600
Previous Owner Halpert Noah $160,000
Previous Owner Hess Lukes W $242,500
Previous Owner Hess Lukes W $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $212,000 -3.2% $211 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $219,000 -4.4% $218 / Sq Ft
05/05/2020 05/05/20 For Sale $229,000 +14.5% $228 / Sq Ft
05/30/2013 05/30/13 Sold $200,000 0.0% $199 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $200,000 -- $199 / 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 $2,951 $235,000 $70,500 $164,500
2024 $2,951 $223,333 $0 $0
2023 $2,104 $211,667 $0 $0
2022 $1,864 $200,000 $60,000 $140,000
2021 $1,779 $196,667 $0 $0
2020 $1,718 $193,333 $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

  • L

    Buyer's Agent in 2020

    Lida Ning

    Libra Realty, LLC

    (301) 661-8805

    19 Total Sales

    Lida Ning
    Section Image
  • Lynn Holland

    Seller's Agent in 2013

    Lynn Holland

    RE/MAX

    (301) 704-2956

    1 in this area

    112 Total Sales

    Lynn Holland
    Section Image
  • Judy & Mitch Milstein

    Buyer's Agent in 2013

    Judy & Mitch Milstein

    Long & Foster

    (301) 520-3694

    5 in this area

    21 Total Sales

    Judy & Mitch Milstein
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC705108

Bright MLS

APN: 08-02706310

Maryland Montgomery County Olney 20832

18229 Rolling Meadow Way, Olney, MD

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