NOT LISTED FOR SALE

18546 Stakeburg Place Olney, MD 20832

Estimated Value: $326,000 - $365,000

3 Beds
2.5 Baths
1,254 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $250,000 $199 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,191/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Upgraded Countertops
  • Olney Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of November 2018

Rare opportunity to own a condo TH in the popular Norbeck Grove community! Great 3 Br, 2.5 bath with lots of updates including fresh paint, new carpet, hardwood, updated appliances and granite! Community includes walking trails, pool and tennis, clubhouse and more! No longer in MPDU program! Won't last long so go and see it quickly!!

Last Agent to Sell the Property

Jenni Davies

(301) 466-1228 hotmdhomes@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #504127 Listed on: 10/13/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Matthew Green

(240) 418-0599 mattgreennyc@yahoo.com RE/MAX Realty Services

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1999

Lot Details

  • Backs To Open Common Area
  • Property is in very good condition

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,254 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160803277814
  • $221 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, snow removal, trash
  • Norbeck Grove Co Community
  • Norbeck Grove Codm Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Party Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,981

Year Built

Built in 1999

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1999
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Townhouse
  • Foundation Details: Slab
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1254
  • Living Area Sq Ft: 1254
  • Price Per Sq Ft: 199.36
  • Above Grade Finished Sq Ft: 1254
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 205.11
  • 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: 72.40
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Lot Features: Backs - Open Common Area
  • Property Condition: Very Good
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14079515
  • Tax Annual Amount: 2980.73
  • Assessor Parcel Number: 160803277814
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Front Foot Fee: 221.44
  • Metering: Fully Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Jan 11, 2019
Sold by
Mei Lizhen and Wu Ze Qiang
Bought by
Abate Melissa Anne
Seller's Agent
Jenni Davies
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Matthew Green
RE/MAX Realty Services
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$347,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,655
Avg. Annual Appreciation
4.80%
Original Mortgage
$245,471
Outstanding Balance
$216,255
Interest Rate
4.7%
Mortgage Type
FHA
Estimated Equity
$131,400

Purchase Details

Closed on
Oct 30, 2002
Sold by
Mei Li Z
Bought by
Mei Lizhen

Purchase Details

Closed on
May 9, 2002
Sold by
Hanold Eileen
Bought by
Mei Li Z

Purchase Details

Closed on
Jan 11, 2000
Sold by
Barnsley Llc
Bought by
Hanold Eileen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abate Melissa Anne $250,000 First Class Title Inc
Mei Lizhen -- --
Mei Li Z $104,625 --
Hanold Eileen $96,314 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abate Melissa Anne $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2018 11/23/18 Sold $250,000 0.0% $199 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $250,000 0.0% $199 / Sq Ft
03/12/2014 03/12/14 Rented $1,600 -5.9% --
03/12/2014 03/12/14 Under Contract -- -- --
10/18/2013 10/18/13 For Rent $1,700 -- --
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 $3,475 $290,000 $87,000 $203,000
2024 $3,475 $273,333 $0 $0
2023 $2,575 $256,667 $0 $0
2022 $2,260 $240,000 $72,000 $168,000
2021 $2,177 $236,667 $0 $0
2020 $2,340 $233,333 $0 $0
2019 $4,585 $230,000 $69,000 $161,000
2018 $2,981 $230,000 $69,000 $161,000
2017 $3,084 $230,000 $0 $0
2016 -- $230,000 $0 $0
2015 $2,171 $230,000 $0 $0
2014 $2,171 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009925812

Bright MLS

APN: 08-03277814