NOT LISTED FOR SALE

18717 Rolling Acres Way Olney, MD 20832

Estimated Value: $778,641 - $813,000

4 Beds
2.5 Baths
2,302 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $785,000 $341 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,139/month

7 Days on Market

Highlights

  • 1 Fireplace
  • 1 Attached Carport Space
  • Forced Air Heating and Cooling System
  • Greenwood Elementary School Rated A

About This Home

As of June 2024

Welcome home to one of Olney Mill's finest Carlton models you will ever see! Sitting on just over half an acre, this 4 bed, 2.5 split-level is one of the most gorgeous homes from top to bottom! This home has it all, beginning with the open floorplan renovation on the main level. Beautiful hardwood floors start on the main level and follow you throughout the home. Natural light surrounds you as you make your way into the living room and dining room areas, and the kitchen is an absolute showstopper. With an incredible kitchen island, perfect for extra seating or additional prep space, it is the standout feature of the main level. With modern light fixtures, tons of storage space, stainless steel appliances, and so much more. You name it; this kitchen has it. The hardwood floors follow you upstairs, where the beauty of this home does not stop. 3 bedrooms and 2 full bathrooms including a breathtaking primary suite complete with a ensuite that you have to see to believe. On the lower level, you have a wonderful brick fireplace, a huge rec room area, an additional bedroom, and a half bath. Downstairs is even more space, with a fully finished basement complete with wood look flooring, recessed lighting, and more! Relax outside on your amazing deck or custom stone patio and enjoy the sights and sounds this wonderful neighborhood has to offer!

Last Agent to Sell the Property

Karen Rollings

EXP Realty, LLC License #66514 Listed on: 05/10/2024

EXP Realty, LLC

Co-Listed By

Marguerite Rollings

EXP Realty, LLC

Last Buyer's Agent

Barri McClellan

RLAH @properties License #0225269449

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,839

Year Built

  • Built in 1974

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 4 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Olney Mill Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160800749033

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,839

Year Built

Built in 1974

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2024-05-10
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to one of Olney Mill's finest Carlton models you will ever see! Sitting on just over half an acre, this 4 bed, 2.5 split-level is one of the most gorgeous homes from top to bottom! This home has it all, beginning with the open floorplan renovation on the main level. Beautiful hardwood floors start on the main level and follow you throughout the home. Natural light surrounds you as you make your way into the living room and dining room areas, and the kitchen is an absolute showstopper. With an incredible kitchen island, perfect for extra seating or additional prep space, it is the standout feature of the main level. With modern light fixtures, tons of storage space, stainless steel appliances, and so much more. You name it; this kitchen has it. The hardwood floors follow you upstairs, where the beauty of this home does not stop. 3 bedrooms and 2 full bathrooms including a breathtaking primary suite complete with a ensuite that you have to see to believe. On the lower level, you have a wonderful brick fireplace, a huge rec room area, an additional bedroom, and a half bath. Downstairs is even more space, with a fully finished basement complete with wood look flooring, recessed lighting, and more! Relax outside on your amazing deck or custom stone patio and enjoy the sights and sounds this wonderful neighborhood has to offer!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3004
  • Living Area Sq Ft: 2302
  • Price Per Sq Ft: 329.71
  • Above Grade Finished Sq Ft: 2302
  • Below Grade Sq Ft: 702
  • Total Below Grade Sq Ft: 702
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18717

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 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: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway

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: 70.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENWOOD
  • Middle School: ROSA M. PARKS
  • High School: SHERWOOD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GREENWOOD
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.56
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24269.00
  • Year Assessed: 2024
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7839.00
  • Assessor Parcel Number: 160800749033
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2302
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 06/07/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 7, 2024
Sold by
Macabasco Ryan A and Macabasco Elara
Bought by
James Therence Lee and Branche-James Lauren
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Barri McClellan
RLAH @properties
List Price
$759,000
Sold Price
$785,000
Premium/Discount to List
$26,000
3.43%
Total Days on Market
7
Views
438
Current Estimated Value
$799,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,660
Avg. Annual Appreciation
1.87%
Original Mortgage
$780,000
Outstanding Balance
$772,951
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$26,709

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 12, 2018
Sold by
Ji Jun and Ji Victoria J
Bought by
Macabasco Ryan A and Macabasco Elara
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Kathryn Snyder
Samson Properties
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$448,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 26, 2015
Sold by
Schrider James F and Schrider Barbara D
Bought by
Ji Jun and Ji Victoria V
Seller's Agent
Michael Ray
Sunshine Properties Inc.
Buyer's Agent
Craig Coleman
Coldwell Banker Realty
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$425,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
James Therence Lee $785,000 Mta Title
Macabasco Ryan A $560,000 None Available
Ji Jun $425,000 Michaels Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Therence Lee $780,000
Previous Owner Macabasco Ryan A $100,000
Previous Owner Macabasco Ryan A $440,000
Previous Owner Macabasco Ryan A $448,000
Previous Owner Ji Jun $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $785,000 +3.4% $341 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $759,000 +35.5% $330 / Sq Ft
03/23/2018 03/23/18 Sold $560,000 +2.0% $246 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $549,000 +29.2% $241 / Sq Ft
06/26/2015 06/26/15 Sold $425,000 -9.6% $187 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $469,900 +10.6% $206 / Sq Ft
05/11/2015 05/11/15 Off Market $425,000 -- --
05/11/2015 05/11/15 For Sale $469,900 -- $206 / 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
2024 $7,725 $632,200 $0 $0
2023 $7,839 $583,900 $0 $0
2022 $5,626 $535,600 $239,500 $296,100
2021 $5,194 $501,367 $0 $0
2020 $4,792 $467,133 $0 $0
2019 $4,399 $432,900 $239,500 $193,400
2018 $4,294 $423,333 $0 $0
2017 $4,257 $413,767 $0 $0
2016 -- $404,200 $0 $0
2015 $3,725 $398,100 $0 $0
2014 $3,725 $392,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2130838

Bright MLS

APN: 08-00749033