NOT LISTED FOR SALE

18257 Leman Lake Dr Olney, MD 20832

Estimated Value: $305,000 - $327,523

2 Beds
1.5 Baths
1,032 Sq Ft
$326/mo HOA Fee

Last Sold February 26, 2016

Last sale price $190,000 $184 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,341/month

175 Days on Market

Highlights

  • Water Views
  • Private Pool
  • Open Floorplan
  • Brooke Grove Elementary School Rated A
  • Water Oriented
  • Pond

About This Home

As of February 2016

OPEN SUN 1-3, COME SEE THIS TWO level condo w/ fantastic lake side balcony and just a few blocks to shops, restaurants, recreation and entertainment. New washer, dryer, stove, refrigerator, paint & carpet, newer windows, balcony doors, water heater and heat pump in this super maintained, single owner condo . Add it all up and this is a great deal so Honey Stop The Car, this is it!

Last Agent to Sell the Property

Richard Thompson

RE/MAX Town Center License #MRIS:5646 Listed on: 07/06/2015

Last Buyer's Agent

Catherine Ray

Sunshine Properties Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1987

Lot Details

  • 2,309

HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • Parking Space Number Location: 211
  • Free Parking
  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Water Oriented
  • Property is near a pond
  • Pond

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802781524

Community Details

Overview

  • Association fees include trash, common area maintenance, lawn maintenance, management, pool(s), snow removal
  • Fair Hill Codm Community
  • Fair Hill Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,268

Year Built

Built in 1987

Lot Details

0

HOA Fees

$326 per month

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2015-07-07
  • Year Built: 1987
  • Remarks Public: OPEN SUN 1-3, COME SEE THIS TWO level condo w/ fantastic lake side balcony and just a few blocks to shops, restaurants, recreation and entertainment. New washer, dryer, stove, refrigerator, paint & carpet, newer windows, balcony doors, water heater and heat pump in this super maintained, single owner condo . Add it all up and this is a great deal so Honey Stop The Car, this is it!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Price Per Sq Ft: 187.98
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18257

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: LEMAN LAKE
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Free, Unassigned
  • Parking Space Number Assigned: 211

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(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: 90.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 296.45
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROOKE GROVE
  • Middle School: WILLIAM H. FARQUHAR
  • High School: SHERWOOD
  • School District Key: 121138126809
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Year Assessed: 2015
  • Zoning: PD9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887728
  • Tax Annual Amount: 2268.24
  • Assessor Parcel Number: 160802781524
  • Tax Total Finished Sq Ft: 1032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/26/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Feb 26, 2016
Sold by
Conrad Renee Y and Henry Renee Y
Bought by
Berman Danielle
Seller's Agent
Richard Thompson
RE/MAX Town Center
Buyer's Agent
Catherine Ray
Sunshine Properties Inc.
List Price
$194,000
Sold Price
$190,000
Premium/Discount to List
-$4,000
-2.06%
Current Estimated Value
$317,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,631
Avg. Annual Appreciation
5.61%
Original Mortgage
$186,558
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Henry Renee Y
Bought by
Conrad Renee Y

Purchase Details

Closed on
Jan 12, 1999
Sold by
Conrad James E
Bought by
Henry Renee Y and Henry W E
Source: Public Records

Range of Values:

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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
Berman Danielle $190,000 Attorney
Conrad Renee Y -- --
Henry Renee Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Danielle $175,000
Closed Berman Danielle $186,558
Previous Owner Conrad Renee Y $74,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $190,000 0.0% $184 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
12/20/2015 12/20/15 Off Market $190,000 -- --
12/05/2015 12/05/15 For Sale $194,000 +2.1% $188 / Sq Ft
12/02/2015 12/02/15 Off Market $190,000 -- --
10/15/2015 10/15/15 Price Changed $194,000 -3.0% $188 / Sq Ft
08/28/2015 08/28/15 Price Changed $199,990 -1.9% $194 / Sq Ft
08/05/2015 08/05/15 Price Changed $203,900 -2.4% $198 / Sq Ft
07/06/2015 07/06/15 For Sale $209,000 0.0% $203 / Sq Ft
07/02/2015 07/02/15 Price Changed $209,000 -- $203 / 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 $3,402 $285,000 $85,500 $199,500
2024 $3,402 $263,333 $0 $0
2023 $2,441 $241,667 $0 $0
2022 $1,773 $220,000 $66,000 $154,000
2021 $1,918 $210,000 $0 $0
2020 $1,784 $200,000 $0 $0
2019 $3,324 $190,000 $57,000 $133,000
2018 $1,621 $186,667 $0 $0
2017 $1,625 $183,333 $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: 1002346011

Bright MLS

APN: 08-02781524