NOT LISTED FOR SALE

18505 Meadowland Terrace Olney, MD 20832

Estimated Value: $836,000 - $883,000

4 Beds
3.5 Baths
2,610 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $792,500 $304 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,137/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Brooke Grove Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

You're going to love this home!!! It recently appraised for quite a bit over the asking price!! The seller has priced this to move!! The house next door, which is the same model, sold for $817,000!! You may never find a view like this again!!! The kitchen opens up to an AMAZING screened porch which opens up to a private deck. The back yard is fully fenced and has plenty of room for a swing set. You can't beat the outdoor space on this home!! And it's at the very end of the cul de sac!! Four spacious bedrooms; three full baths, kitchen opens to the family room and more. The finished basement features a recroom with walkout and plenty of storage. Don't miss this one!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 04/13/2023

EXP Realty, LLC

Last Buyer's Agent

James Wu

(301) 674-3030 jameswuteam@compass.com Compass License #0225205230

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,276

Year Built

  • Built in 1994

Lot Details

  • 7,024 Sq Ft Lot
  • Property is zoned RE2

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 160803002266

Community Details

Overview

  • Association fees include common area maintenance, pool(s), trash
  • James Creek HOA
  • James Creek Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,276

Year Built

Built in 1994

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3086
  • Living Area Sq Ft: 2610
  • Price Per Sq Ft: 389.56
  • Above Grade Finished Sq Ft: 1974
  • Below Grade Finished Sq Ft: 636
  • Below Grade Sq Ft: 476
  • Total Below Grade Sq Ft: 1112
  • 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: Vinyl Siding
  • 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
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 53.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash
  • HOA Name: JAMES CREEK
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7024.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6276.00
  • Assessor Parcel Number: 160803002266
  • Tax Lot: 159
  • 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

Closed on
May 21, 2002
Sold by
Wheless Donovan E
Bought by
Fishman Robert J and Fishman Joanne S
Current Estimated Value
$853,813

Purchase Details

Closed on
May 12, 1994
Sold by
Nvr Homes Inc
Bought by
Wheless Donovan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
7.93%

Purchase Details

Closed on
Nov 5, 1993
Sold by
James Creek Corp
Bought by
Nvr Homes Inc
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
Fishman Robert J $400,000 --
Wheless Donovan E $255,605 --
Nvr Homes Inc $92,155 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nvr Homes Inc $155,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $792,500 +3.1% $304 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $769,000 -- $295 / 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 $7,384 $667,833 -- --
2024 $7,384 $602,567 $0 $0
2023 $7,302 $537,300 $242,700 $294,600
2022 $5,584 $531,833 $0 $0
2021 $5,385 $526,367 $0 $0
2020 $5,385 $520,900 $242,700 $278,200
2019 $5,119 $498,200 $0 $0
2018 $4,870 $475,500 $0 $0
2017 $5,154 $452,800 $0 $0
2016 -- $447,000 $0 $0
2015 -- $441,200 $0 $0
2014 -- $435,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2089198

Bright MLS

APN: 08-03002266