NOT LISTED FOR SALE

18501 Queen Elizabeth Dr Olney, MD 20832

Estimated Value: $710,000 - $768,509

4 Beds
4.5 Baths
3,194 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $750,000 $235 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,379/month

9 Days on Market

Highlights

  • Recreation Room
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Greenwood Elementary School Rated A
  • Family Room Overlook on Second Floor
  • Garage doors are at least 85 inches wide

About This Home

As of May 2024

Welcome to this stunning modern home at 18501 Queen Elizabeth Dr, MD. 20832. This spacious property boasts over 2600 square feet of living space and is situated on a generous 27024 square-foot lot. With 4 bedrooms and 3 and two half bathrooms, this home offers ample convenience and comfort for residents and guests. The home was fully renovated from top to bottom, Step inside and discover a sleek and contemporary interior that will sure to impress. The kitchen features granite countertops and stainless-steel appliances, creating a stylish and functional space for culinary enthusiasts. The open layout seamlessly connects the living and dining areas, providing a perfect setting for gatherings or day-to-day living. The primary bedroom is a luxurious retreat, offering an end-suite spa-like bathroom. This continues to impress with a beautiful outdoor space perfect for enjoying the Maryland weather and hosting outdoor activities. Located in the desirable Olney area, this home is minutes away from a variety of restaurants, shops, and entertainment. This home presents an ideal opportunity for those seeking comfort, style, and the joys of homeownership. Don't miss the chance to make this lovely property your own!

Last Agent to Sell the Property

Margarita Soule

(240) 403-0400 usmargo@yahoo.com RE/MAX Realty Services License #SP40000902 Listed on: 04/03/2024

RE/MAX Realty Services

Last Buyer's Agent

Muller Dessie

(833) 335-7433 dc.broker@exprealty.net EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,511

Year Built

  • Built in 1979

Lot Details

  • 0.62 Acre Lot
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Family Room Overlook on Second Floor
  • Recreation Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Accessible Home Design

  • Halls are 36 inches wide or more
  • Garage doors are at least 85 inches wide
  • Level Entry For Accessibility

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Olney Mill Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160801762822

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,511

Year Built

Built in 1979

Lot Details

0.62 Acres

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: 36"+ Wide Halls, >84" Garage Door, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2024-04-03
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: 2nd Stry Fam Ovrlk, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance, Walkout Level
  • Total Sq Ft: 3782
  • Living Area Sq Ft: 3194
  • Price Per Sq Ft: 276.95
  • Above Grade Finished Sq Ft: 2690
  • Below Grade Finished Sq Ft: 504
  • Below Grade Sq Ft: 588
  • Total Below Grade Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 5.58
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

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

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27025.00
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 7511.00
  • Assessor Parcel Number: 160801762822
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 8, 2024
Sold by
Andonov Ivan
Bought by
Bekele Daniel and Mengesha Misgana
Seller's Agent
Margarita Soule
RE/MAX Realty Services
Buyer's Agent
Muller Dessie
EXP Realty, LLC
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%
Views
220
Current Estimated Value
$730,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,371
Avg. Annual Appreciation
-0.96%
Original Mortgage
$675,000
Outstanding Balance
$665,372
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$71,505

Purchase Details

Closed on
May 9, 2023
Sold by
Taylor James and Taylor Lucille E
Bought by
Andonov Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 2, 2008
Sold by
Sagnay Paul
Bought by
Wells Fargo Bank National Assoc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Maroulis John and Maroulis Cindy
Bought by
Sagnay Paul and Sagnay Mauricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
9.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2003
Sold by
Maroulis Gregory and Maroulis K H
Bought by
Maroulis John and Maroulis Cindy
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Bekele Daniel $750,000 Rgs Title
Bekele Daniel $750,000 Rgs Title
Andonov Ivan $450,000 Bay County Settlements
Wells Fargo Bank National Assoc $200,000 --
Sagnay Paul $580,000 --
Maroulis John $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bekele Daniel $675,000
Closed Bekele Daniel $675,000
Previous Owner Andonov Ivan $423,000
Previous Owner Sagnay Paul $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $750,000 +0.7% $235 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $745,000 -3.2% $233 / Sq Ft
04/03/2024 04/03/24 For Sale $770,000 -- $241 / Sq Ft
Source: Bright MLS

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 $7,356 $632,000 $244,800 $387,200
2024 $7,356 $588,233 $0 $0
2023 $7,511 $544,467 $0 $0
2022 $5,360 $500,700 $233,100 $267,600
2021 $5,147 $495,133 $0 $0
2020 $5,147 $489,567 $0 $0
2019 $5,067 $484,000 $233,100 $250,900
2018 $4,937 $472,100 $0 $0
2017 $4,898 $460,200 $0 $0
2016 $4,395 $448,300 $0 $0
2015 $4,395 $446,533 $0 $0
2014 $4,395 $444,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2125370

Bright MLS

APN: 08-01762822

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