NOT LISTED FOR SALE

18307 Leman Lake Dr Unit 707B Olney, MD 20832

Estimated Value: $308,683 - $344,000

2 Beds
1.5 Baths
1,032 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $236,000 $229 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,966/month

Highlights

  • Pond View
  • Colonial Architecture
  • Community Pool
  • Brooke Grove Elementary School Rated A
  • Upgraded Countertops
  • Breakfast Area or Nook

About This Home

As of April 2024

Welcome to your new rental at 18307 Leman Lake Rd in Olney, Maryland (virtual tour on youtube)! Nestled in a vibrant community, this recently renovated home exudes charm and modern elegance, with every detail meticulously crafted with the help of a professional decorating firm. The stunning feature wall sets the tone for the entire home, while the chef's dream kitchen boasts quartz countertops, a bar counter, and a cozy fireplace, perfect for intimate gatherings or morning coffee. The spacious living areas feature luxury vinyl plank (LVP) flooring and have been freshly painted, providing a bright and airy feel throughout. With two bedrooms, this home offers plenty of space for comfortable living. Step out onto the balcony and enjoy views overlooking the community pool, adding to the allure of this fantastic home. Located in Olney, you'll enjoy access to the pool for those hot summer days, as well as nearby shopping, dining, and parks. With easy access to major highways, commuting is a breeze. Don't miss the opportunity to make this beautiful rental your new home. Schedule a showing today and experience the best of Olney living!

Last Agent to Rent the Property

Dana Sparenberg

(443) 789-9387 dana.sparenberg@cbrealty.com Coldwell Banker Realty Listed on: 03/14/2024

Coldwell Banker Realty

Co-Listed By

Tony Zowd

(443) 610-9462 tzowd@cbmove.com Coldwell Banker Realty License #602313

Last Renter's Agent

Tracy Onslow

(410) 829-2219 tonslow@gmail.com RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1987

Lot Details

  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Slab Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 2 Levels
  • Bar
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Luxury Vinyl Plank Tile Flooring
  • Pond Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,600
  • Tenant pays for electricity, water, cable TV, frozen waterpipe damage, insurance, light bulbs/filters/fuses/alarm care, minor interior maintenance, pest control, sewer, all utilities, windows/screens
  • The owner pays for real estate taxes, trash collection
  • Rent includes hoa/condo fee, taxes
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/14/24
  • $100 Repair Deductible
  • Assessor Parcel Number 160802784653

Community Details

Overview

  • Property has a Home Owners Association
  • Tidewater HOA
  • Fair Hill Codm Community
  • Fair Hill Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $350
  • $40 Monthly Pet Rent
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,440

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Date Available: 2024-03-14
  • Monthly Pet Rent: 40.00
  • Owner Pays: Taxes - Real Estate, Trash Collection
  • Pet Deposit: 350.00
  • Pets: Dogs Ok, Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Taxes
  • Security Deposit: 2600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Water, Cable Tv, Frozen Waterpipe Damage, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Pest Control, Sewer, Utilities - All, Windows/Screens
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-14
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Repair Deductible: 100.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Breakfast Area, Ceiling Fan(s), Kitchen - Eat-In, Pantry, Upgraded Countertops
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor, Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Price Per Sq Ft: 2.52
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 1080.00
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Name: TIDEWATER
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 160802784653

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 19, 2018
Sold by
Roland Dorothy
Bought by
Pratt Stephanie
Seller's Agent
Joe Brown
Coldwell Banker Realty
Buyer's Agent
Mary Raumann
RE/MAX Realty Group
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%
Current Estimated Value
$320,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,921
Avg. Annual Appreciation
4.58%
Original Mortgage
$165,200
Outstanding Balance
$145,835
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$175,086

Purchase Details

Listed on
Sep 5, 2014
Closed on
Oct 29, 2014
Sold by
Pacheco Donna M
Bought by
Roland Dorothy
Seller's Agent
Stephanie Mathis
Capital Real Estate Brokerage
Buyer's Agent
Joe Brown
Coldwell Banker Realty
List Price
$217,900
Sold Price
$211,000
Premium/Discount to List
-$6,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$207,178
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2002
Sold by
Suttle Cynthia P
Bought by
Pacheco Donna M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pratt Stephanie $236,000 None Available
Roland Dorothy $211,000 Flynn Title
Pacheco Donna M $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Stephanie $165,200
Previous Owner Roland Dorothy $207,178
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2024 04/20/24 Rented $2,600 0.0% --
04/15/2024 04/15/24 Under Contract -- -- --
03/14/2024 03/14/24 For Rent $2,600 0.0% --
12/19/2018 12/19/18 Sold $236,000 +0.5% $229 / Sq Ft View Prior Sale
11/12/2018 11/12/18 Price Changed $234,900 -1.7% $228 / Sq Ft
11/12/2018 11/12/18 Price Changed $239,000 -0.4% $232 / Sq Ft
10/12/2018 10/12/18 For Sale $239,900 +13.7% $232 / Sq Ft
10/29/2014 10/29/14 Sold $211,000 -2.0% $204 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Pending -- -- --
10/04/2014 10/04/14 Price Changed $215,400 -1.1% $209 / Sq Ft
09/05/2014 09/05/14 For Sale $217,900 -- $211 / 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 $3,440 $285,000 $85,500 $199,500
2024 $3,440 $266,667 $0 $0
2023 $2,517 $248,333 $0 $0
2022 $2,186 $230,000 $69,000 $161,000
2021 $1,991 $216,667 $0 $0
2020 $1,821 $203,333 $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 $2,173 $180,000 $0 $0
2014 $2,173 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2123654

Bright MLS

APN: 08-02784653