NOT LISTED FOR SALE

18253 Leman Lake Dr Unit 606A Olney, MD 20832

Estimated Value: $298,000 - $328,325

2 Beds
2.5 Baths
1,137 Sq Ft
2,309 Sq Ft Lot

Last Sold August 27, 2015

Last sale price $172,000 $151 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,998/month

Highlights

  • Water Views
  • Private Pool
  • Lake Privileges
  • Brooke Grove Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of October 2015

SUPER PATIO 2 LEVEL CONDO OVERLOOKING FAIR HILL POND,GREAT VIEW,NICE UNIT WITH WOOD LAMINATE FLOORING 2 UPPER LEVEL BEDROOMS AND 2 FULL BATHS,WALK TO OLNEY TOWN CENTER. MUST HAVE GOOD CREDIT

Last Agent to Rent the Property

Michael Ray

Sunshine Properties Inc. Listed on: 09/16/2015

Last Renter's Agent

Michael Ricciardella

RE/MAX Pros License #MRIS:4843

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1987

Lot Details

  • Backs To Open Common Area
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Private Pool
  • Lake Privileges
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,500
  • Tenant pays for minor interior maintenance, light bulbs/filters/fuses/alarm care
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 9/18/15
  • $50 Application Fee
  • Assessor Parcel Number 160802781455

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn maintenance
  • Low-Rise Condominium
  • Fair Hill Codm Community
  • Fair Hill Subdivision
  • The community has rules related to alterations or architectural changes

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,287

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Date Available: 2015-09-18
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Security Deposit: 1500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Minor Interior Maintenance, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Remarks Public: SUPER PATIO 2 LEVEL CONDO OVERLOOKING FAIR HILL POND,GREAT VIEW,NICE UNIT WITH WOOD LAMINATE FLOORING 2 UPPER LEVEL BEDROOMS AND 2 FULL BATHS,WALK TO OLNEY TOWN CENTER. MUST HAVE GOOD CREDIT
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Island, Dining Area, Built-Ins, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Patio
  • Levels Count: 2
  • Room List: Dining Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 1.32
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18253

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Pool Private: Yes
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Backs - Open Common Area
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD9

Multi Family

  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 13887724
  • Assessor Parcel Number: 160802781455
  • Tax Total Finished Sq Ft: 1137
  • Close Date: 10/24/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Aug 4, 2015
Sold by
Citimortgage Inc
Bought by
Ayoub Michael and Ayoub Mireille
Seller's Agent
Larry Daniels
Daniels Realty, LLC
Buyer's Agent
Michael Ricciardella
RE/MAX Pros
List Price
$203,400
Sold Price
$172,000
Premium/Discount to List
-$31,400
-15.44%
Current Estimated Value
$316,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,331
Avg. Annual Appreciation
6.39%
Original Mortgage
$129,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Williams Daniel M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 30, 1993
Sold by
Lyons K A
Bought by
Williams Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,100
Interest Rate
7%
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
Ayoub Michael $172,000 Advantage Title Company
Citimortgage Inc $174,015 None Available
Williams Daniel M $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayoub Michael $129,000
Previous Owner Williams Daniel M $183,700
Previous Owner Williams Daniel Mark $128,000
Previous Owner Williams Daniel M $97,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2015 10/24/15 Rented $1,500 0.0% --
10/20/2015 10/20/15 Under Contract -- -- --
09/16/2015 09/16/15 For Rent $1,500 0.0% --
08/27/2015 08/27/15 Sold $172,000 -4.4% $151 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/08/2015 07/08/15 Price Changed $179,900 -7.7% $158 / Sq Ft
06/08/2015 06/08/15 Price Changed $194,900 -4.2% $171 / Sq Ft
05/06/2015 05/06/15 For Sale $203,400 -- $179 / 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 $3,287 $270,000 $81,000 $189,000
2024 $3,287 $253,333 $0 $0
2023 $3,075 $236,667 $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

  • Michael Ray

    Landlord's Agent in 2015

    Michael Ray

    Sunshine Properties Inc.

    (301) 980-8155

    21 in this area

    70 Total Sales

    Section Image
  • Larry Daniels

    Seller's Agent in 2015

    Larry Daniels

    Daniels Realty, LLC

    (202) 491-6866

    24 Total Sales

    Section Image

  • M

    Tenant's Agent in 2015

    Michael Ricciardella

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002375373

Bright MLS

APN: 08-02781455

Maryland Montgomery County Olney 20832

18253 Leman Lake Dr Unit 606A, Olney, MD

This home is located at 18253 Leman Lake Dr Unit 606A, Olney, MD 20832 since 16 September 2015 and is currently priced at $316,331. This property was built in 1987. 18253 Leman Lake Dr Unit 606A is a home located in Montgomery County with nearby schools including Brooke Grove Elementary School, William H. Farquhar Middle School, and Sherwood High School.

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