NOT LISTED FOR SALE

18349 Leman Lake Dr Unit 805 Olney, MD 20832

Estimated Value: $309,000 - $315,000

2 Beds
1.5 Baths
1,032 Sq Ft
$440/mo HOA Fee

Last Sold March 03, 2023

Last sale price $275,000 $266 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,355/month

3 Days on Market

Highlights

  • Lake View
  • Open Floorplan
  • Contemporary Architecture
  • Brooke Grove Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2023

Spacious upper level two-story condo in the heart of Olney! The main floor features hardwood floors, an open kitchen with newer appliances (Refrigerator 2020, Oven/Built-in Microwave/Dishwasher 2021). Eat-in kitchen with fireplace and glass slider that leads to balcony overlooking community lake. New washer/dryer (2020) on upstairs bedroom level. One of the few FHA and VA approved condo associations in Olney! Minutes Harris Teeter’s, Olney Town Center and Village Center, restaurants, local Farmers Market, Artists Market, and Sandy Spring Museum. Quick access to the ICC, Georgia Ave, and Olney Sandy Spring Road.

Last Agent to Sell the Property

Jessica Busch

(443) 308-8116 jessicabusch@kw.com Keller Williams Flagship Listed on: 01/31/2023

Keller Williams Flagship

Co-Listed By

John Reynolds

(443) 257-0879 john.reynolds@kw.com Keller Williams Flagship License #17267

Last Buyer's Agent

Channareth Khoun

(240) 793-6414 ckhoun@gmail.com EXP Realty, LLC License #622383

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1987

Lot Details

  • 2,439

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Wood Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Room
  • Wood Flooring
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Assigned parking located at #247
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802791784

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), reserve funds, road maintenance, snow removal, trash
  • Iko Community Management Inc HOA
  • Low-Rise Condominium
  • Tidewater Property Management Inc Condos, Phone Number (443) 548-0191
  • Fair Hill Codm Community
  • Fair Hill Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,768

Year Built

Built in 1987

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-01
  • Year Built: 1987
  • Assigned Parking Space Numbers: 247
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Wood Floors, Built-Ins, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Breakfast Room
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Price Per Sq Ft: 266.47
  • 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: Wood Siding
  • Spa: No
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 154.89
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 387.51
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tidewater Property Management Inc
  • Condo Co-Op Phone: 443-548-0191
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: IKO COMMUNITY MANAGEMENT INC
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199500.00
  • Land Assessed Value: 85500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: PLEASE SEE PUBLIC RECORD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13938147
  • Tax Annual Amount: 2768.00
  • Assessor Parcel Number: 160802791784
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 24, 2023
Sold by
Diamond Jeremy Todd
Bought by
Asl Madjid Karimi E
Seller's Agent
Jessica Busch
Keller Williams Flagship
Buyer's Agent
Channareth Khoun
EXP Realty, LLC
List Price
$275,000
Sold Price
$275,000
Views
31
Current Estimated Value
$311,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,542
Avg. Annual Appreciation
4.80%
Original Mortgage
$261,250
Outstanding Balance
$251,241
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$60,301

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 14, 2020
Sold by
Abarca Rachael A
Bought by
Diamond Jeremy Todd and Belliveau Evans Hannah
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Jessica Busch
Keller Williams Flagship
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$237,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2005
Sold by
Hance Ioana R
Bought by
Abarca Rachael A

Purchase Details

Closed on
May 20, 2002
Sold by
Dragoi Ioana R
Bought by
Hance Ioana R

Purchase Details

Closed on
Dec 11, 2000
Sold by
Sec Of Housing & Urban Dev
Bought by
Dragoi Ioana R

Purchase Details

Closed on
Apr 3, 2000
Sold by
Isreal Jeffrey T
Bought by
Sec Of Housing & Urban Dev
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asl Madjid Karimi E $275,000 First American Title
Diamond Jeremy Todd $250,000 Charter Title Llc
Abarca Rachael A $255,000 --
Abarca Rachael A $255,000 --
Hance Ioana R -- --
Dragoi Ioana R $90,100 --
Sec Of Housing & Urban Dev $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asl Madjid Karimi E $261,250
Previous Owner Diamond Jeremy Todd $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2023 03/03/23 Sold $275,000 0.0% $266 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $275,000 +10.0% $266 / Sq Ft
10/14/2020 10/14/20 Sold $250,000 0.0% $242 / Sq Ft View Prior Sale
09/12/2020 09/12/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $250,000 -- $242 / 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 $2,076 $220,000 $66,000 $154,000
2021 $1,918 $210,000 $0 $0
2020 $4,952 $200,000 $0 $0
2019 $4,708 $190,000 $57,000 $133,000
2018 $2,313 $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

  • Jessica Busch

    Seller's Agent in 2023

    Jessica Busch

    Keller Williams Flagship

    (443) 308-8116

    1 in this area

    72 Total Sales

    Jessica Busch
    Section Image
  • John Reynolds

    Seller Co-Listing Agent in 2023

    John Reynolds

    Keller Williams Flagship

    (443) 257-0879

    1 in this area

    123 Total Sales

    John Reynolds
    Section Image
  • Channareth Khoun

    Buyer's Agent in 2023

    Channareth Khoun

    EXP Realty, LLC

    (240) 793-6414

    2 in this area

    64 Total Sales

    Channareth Khoun
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2080770

Bright MLS

APN: 08-02791784

Maryland Montgomery County Olney 20832

18349 Leman Lake Dr Unit 805, Olney, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes