NOT LISTED FOR SALE

18500 Lacewing Place Olney, MD 20832

Estimated Value: $772,799 - $837,000

4 Beds
3.5 Baths
2,380 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $700,000 $294 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,867/month

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Brooke Grove Elementary School Rated A
  • Premium Lot
  • Traditional Floor Plan

About This Home

As of June 2023

James Creek Half Brick Front Colonial is super clean and offers a nice front porch and large rear custom deck plus a fenced rear yard. This James Creek home needs cosmetic updates but is very clean and well cared for. It is priced accordingly - Sold AS-IS.. The lower level is nicely finished with a full bath and a large utility / storage area. This fine home offers a 6 year old roof. The siding has been replaced as well. The HVAC system was replaced in 2019. BIG TICKET ITEMS HAVE BEEN RECENTLY UPDATED. The eat in/table space kitchen opens directly into the main level family room. The upper level features 4 generous sized bedrooms and two full baths with primary bath soaking tub.. Great opportunity to live in James Creek at a FANTASTIC PRICE!!!Wont last long!!This fine home offer a fantastic location minutes to Olney Town Center , Restaurants/Bars, Schools, Parks , and Major Transportation. and super community ammenities. The community has a fantastic inground pool , tennis , walking paths

Last Agent to Sell the Property

Michael Ray

(301) 980-8155 michaelray@sunpropinc.com Sunshine Properties Inc. Listed on: 04/30/2023

Co-Listed By

Helen Ray

(240) 672-2720 helen@sunpropinc.com Sunshine Properties Inc. License #644229

Last Buyer's Agent

Jeffrey Ganz

(240) 353-3390 agentganz@gmail.com Century 21 Redwood Realty License #0225102492

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 1993

Lot Details

  • 8,042 Sq Ft Lot
  • Cul-De-Sac
  • Board Fence
  • Landscaped
  • Premium Lot
  • Back Yard Fenced
  • Property is in good condition
  • Property is zoned RE2

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Recreation Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Gas Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 160802975517

Community Details

Overview

  • Association fees include common area maintenance, management, recreation facility, pool(s), snow removal
  • Villages Of James Creek HOA
  • James Creek Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,112

Year Built

Built in 1993

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-01
  • Federal Flood Zone: No
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Dryer - Gas, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Recreation Room, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Basement Finished Percent: 60.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Lower Floor, Hookup
  • Total Sq Ft: 2780
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 345.21
  • Above Grade Finished Sq Ft: 1880
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone, Water Available, Sewer Available
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • HOA Fees: 53.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Recreation Facility, Pool(s), Snow Removal
  • HOA Name: VILLAGES OF JAMES CREEK
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Board, Rear
  • Improvement Assessed Value: 273400.00
  • Land Assessed Value: 248600.00
  • Lot Features: Cul-De-Sac, Landscaping, Premium, Rear Yard
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8042.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13888851
  • Tax Annual Amount: 6112.00
  • Assessor Parcel Number: 160802975517
  • Tax Lot: 122
  • 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
Apr 30, 2023
Closed on
Jun 2, 2023
Sold by
Goldberg Philip L
Bought by
Cota Martin Ronald and Ramirez Elvira Gutierrez
Seller's Agent
Michael Ray
Sunshine Properties Inc.
Buyer's Agent
Jeffrey Ganz
Century 21 Redwood Realty
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%
Views
15
Current Estimated Value
$808,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,200
Avg. Annual Appreciation
6.15%
Original Mortgage
$560,000
Outstanding Balance
$545,026
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$263,174

Purchase Details

Closed on
May 12, 1993
Bought by
Goldberg Philip L and Goldberg M
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
Cota Martin Ronald $700,000 None Listed On Document
Cota Martin Ronald $700,000 None Listed On Document
Goldberg Philip L $219,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cota Martin Ronald $560,000
Closed Cota Martin Ronald $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $700,000 +7.9% $294 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $649,000 -7.3% $273 / Sq Ft
04/30/2023 04/30/23 Off Market $700,000 -- --
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 $7,011 $618,267 -- --
2024 $7,011 $570,133 $0 $0
2023 $3,563 $522,000 $248,600 $273,400
2022 $5,420 $516,933 $0 $0
2021 $5,229 $511,867 $0 $0
2020 $5,229 $506,800 $248,600 $258,200
2019 $4,981 $485,700 $0 $0
2018 $4,750 $464,600 $0 $0
2017 $4,606 $443,500 $0 $0
2016 -- $433,000 $0 $0
2015 $5,346 $422,500 $0 $0
2014 $5,346 $412,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2084388

Bright MLS

APN: 08-02975517