$309,000 - $322,000
RENTED DEC 23, 2024

18309 Leman Lake Dr Unit 706B Olney, MD 20832

2 Beds
1.5 Baths
1,032 Sq Ft
$394/mo HOA Fee

Last Sold November 12, 2020

Last sale price $240,000 $233 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,326/month

Highlights

  • Colonial Architecture
  • Deck
  • Community Pool
  • Brooke Grove Elementary School Rated A
  • Traditional Floor Plan
  • Community Center

About This Home

As of December 2024

Olney, Olney, Olney - who doesn't want to live in Olney!!! You will love this charming upper level 2-bedroom, 1 full, 1 half bath condo featuring a living room and dining room as well - plus new luxury vinyl flooring on both levels. The upper level is conveniently home to the stacking washer & dryer. You will enjoy the view of nature on the pretty lake and on chilly days, you can cozy up to a good book next to the wood-burning fireplace. The community amenities include outdoor swimming pool, clubhouse, tennis courts and more (condo & hoa fees are included in your monthly rent). This condo has its own assigned parking space, as well as plenty of visitor parking. As a bonus, you will be within walking distance to Olney's awesome restaurants, grocery stores, hair salons, banks, Medstar Montgomery Medical Center/Hospital and shopping not to mention easy access to the ICC! Every Sunday from 9 am to 1 pm you can pop by the Olney Farmer's Market to tap your foot to live music, have a bite to eat and shop! Enjoy life in Olney.

Last Agent to Rent the Property

Jacqueline Valois

(301) 602-1454 jmvalois417@gmail.com Compass License #652812 Listed on: 11/20/2024

Compass

Co-Listed By

Janice Valois

(301) 502-2103 janice.valois@compass.com Compass License #520766

Last Renter's Agent

Joseph Buffington

(301) 461-8925 joebuffington@remax.net RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1987

Lot Details

  • 2,396

HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Deck

Schools

  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,300
  • 12-Month Min and 48-Month Max Lease Term
  • Available 12/29/24
  • Assessor Parcel Number 160802784642

Community Details

Overview

  • Association fees include snow removal, trash, sewer, parking fee, common area maintenance
  • Environ HOA
  • Low-Rise Condominium
  • Fair Hill Condos
  • Fair Hill Codm Community
  • Fair Hill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,402

Year Built

Built in 1987

Lot Details

0

HOA Fees

$394 per month

Rental Info

  • Date Available: 2024-12-29
  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Pet Addendum/Deposit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 2300.00
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 48
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-12-28
  • Year Built: 1987
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Stainless Steel Appliances, Stove
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Pantry
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Price Per Sq Ft: 2.13
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 145.99
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 345.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fair Hill
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Sewer, Parking Fee, Common Area Maintenance
  • HOA Name: ENVIRON
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: SHERWOOD

Lot Info

  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 160802784642

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 12, 2020
Sold by
Kominski Therese M
Bought by
Money Jennifer A
Seller's Agent
Paulette Ladas
RLAH @properties
Buyer's Agent
Janice Valois
Compass
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$314,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,969
Avg. Annual Appreciation
5.63%
Original Mortgage
$216,000
Outstanding Balance
$192,209
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$122,760

Purchase Details

Closed on
Jul 1, 2003
Sold by
Simpson Patricia
Bought by
Kominski Therese M

Purchase Details

Closed on
Jan 24, 2000
Sold by
Michael Patricia A
Bought by
Simpson Patricia
Source: Public Records

Range of Values:

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Average Value
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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
Money Jennifer A $240,000 Main Street Settlements Inc
Kominski Therese M $165,550 --
Simpson Patricia $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Money Jennifer A $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Rented $2,200 0.0% --
12/13/2024 12/13/24 Price Changed $2,200 -4.3% $2 / Sq Ft
11/20/2024 11/20/24 For Rent $2,300 +21.1% --
11/06/2022 11/06/22 Rented $1,900 0.0% --
10/24/2022 10/24/22 For Rent $1,900 0.0% --
11/12/2020 11/12/20 Sold $240,000 0.0% $233 / Sq Ft View Prior Sale
10/19/2020 10/19/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $239,900 0.0% $232 / Sq Ft
10/15/2020 10/15/20 Price Changed $239,900 -- $232 / 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 $3,825 $241,667 $0 $0
2022 $2,076 $220,000 $66,000 $154,000
2021 $1,918 $210,000 $0 $0
2020 $3,568 $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 $1,481 $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: MDMC2155402

Bright MLS

APN: 08-02784642