NOT LISTED FOR SALE

18263 Rolling Meadow Way Unit 16 Olney, MD 20832

Estimated Value: $303,436 - $360,000

2 Beds
2 Baths
898 Sq Ft
$329/mo HOA Fee

Last Sold October 02, 2017

Last sale price $243,000 $271 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,357/month

Highlights

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

About This Home

As of October 2017

Sought after 3-story contemporary villa style condo in Homeland Village! Just steps to downtown Olney! Unique style & design w/ private lower level entrance, fantastic main level & top level master suite! Many other great features incl vaulted living room ceilings, 16x6 balcony, FP, spacious BRs, newer HVAC, replaced washer/dryer, nice flooring & more! Don't miss this great place!

Last Agent to Sell the Property

Corey Savelson

(301) 602-7073 csavelson@lnf.com Long & Foster Real Estate, Inc. License #304278 Listed on: 07/19/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mark Feen

(410) 562-3687 mark.feen@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1987

Lot Details

  • 3,006

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 898 Sq Ft Home
  • Property has 3 Levels
  • Fireplace With Glass Doors
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 160802673481

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Homeland Vill Ol Community
  • Homeland Village Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1987

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s)
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 898
  • Living Area Sq Ft: 898
  • Price Per Sq Ft: 274.50
  • Above Grade Finished Sq Ft: 898
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

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: 205.11
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 103.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 224.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 154000.00
  • Land Assessed Value: 66000.00
  • Property Attached Yn: Yes
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887166
  • Tax Annual Amount: 2668.83
  • Assessor Parcel Number: 160802673481
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 2, 2017
Sold by
Goldberg Adam M and Zarin Stacy
Bought by
Macdnold Michael and Macdnold Emily
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
Mark Feen
Coldwell Banker Realty
List Price
$246,500
Sold Price
$243,000
Premium/Discount to List
-$3,500
-1.42%
Current Estimated Value
$331,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,609
Avg. Annual Appreciation
3.92%
Original Mortgage
$218,700
Outstanding Balance
$182,725
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$148,884

Purchase Details

Closed on
Jan 24, 2005
Sold by
Hirsch Elaine M
Bought by
Goldberg Adam M
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
Macdnold Michael $243,000 None Available
Goldberg Adam M $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdnold Michael $218,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $243,000 -1.4% $271 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
07/19/2017 07/19/17 Price Changed $246,500 0.0% $274 / Sq Ft
07/19/2017 07/19/17 For Sale $246,500 +1.4% $274 / Sq Ft
07/19/2017 07/19/17 Off Market $243,000 -- --
09/01/2013 09/01/13 Rented $1,650 0.0% --
08/12/2013 08/12/13 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $1,650 -- --
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 $3,412 $280,000 $84,000 $196,000
2024 $3,412 $263,333 $0 $0
2023 $3,199 $246,667 $0 $0
2022 $1,854 $230,000 $69,000 $161,000
2021 $4,219 $226,667 $0 $0
2020 $5,384 $223,333 $0 $0
2019 $5,384 $220,000 $66,000 $154,000
2018 $2,652 $216,667 $0 $0
2017 $1,977 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $1,806 $210,000 $0 $0
2014 $1,806 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Savelson

    Seller's Agent in 2017

    Corey Savelson

    Long & Foster

    (301) 602-7073

    12 in this area

    149 Total Sales

    Corey Savelson
    Section Image
  • Mark Feen

    Buyer's Agent in 2017

    Mark Feen

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 562-3687

    110 Total Sales

    Mark Feen
    Section Image

  • C

    Seller's Agent in 2013

    Christopher Dyer

    Keller Williams Capital Properties

    (301) 343-9279

    Christopher Dyer
    Section Image
  • Deborah Davidson

    Buyer's Agent in 2013

    Deborah Davidson

    Samson Properties

    (301) 509-8105

    1 in this area

    12 Total Sales

    Deborah Davidson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000159019

Bright MLS

APN: 08-02673481

Maryland Montgomery County Olney 20832

18263 Rolling Meadow Way Unit 16, Olney, MD

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