NOT LISTED FOR SALE

18821 Rolling Acres Way Olney, MD 20832

Estimated Value: $662,000 - $784,000

4 Beds
2.5 Baths
2,277 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $650,000 $285 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,432/month

9 Days on Market

Highlights

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

About This Home

As of April 2024

Great home in sought after Olney Mill! Warm and inviting Carlton model with 4 spacious levels! Nice main and upper level hardwoods! All baths recently remodeled with beautiful fixtures and features! Other updates over the years include the architectural shingle roof, windows, siding, and more! Some spruce ups needed here and there but impeccably maintained throughout! Great rear yard with deck, patio & shed backing to mature tree line! Enjoy all Olney Mill has to offer with multiple family parks, popular community pool, tennis, pickleball, basketball, playgrounds, ball fields, walking/jogging paths, schools, & much more! All this plus the Olney community's award winning youth boys and girls club, the renown Olney Theatre Centre, excellent public and private schools, fantastic shopping & restaurants, and everything else Olney has to offer, make this a great place to call home!

Last Agent to Sell the Property

Corey Savelson

Long & Foster Real Estate, Inc. License #304278 Listed on: 03/15/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Chen Chen

Northrop Realty License #642881

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R200

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160800748712

Community Details

Overview

  • Olney Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,815

Year Built

Built in 1973

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-16
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Great home in sought after Olney Mill! Warm and inviting Carlton model with 4 spacious levels! Nice main and upper level hardwoods! All baths recently remodeled with beautiful fixtures and features! Other updates over the years include the architectural shingle roof, windows, siding, and more! Some spruce ups needed here and there but impeccably maintained throughout! Great rear yard with deck, patio & shed backing to mature tree line! Enjoy all Olney Mill has to offer with multiple family parks, popular community pool, tennis, pickleball, basketball, playgrounds, ball fields, walking/jogging paths, schools, & much more! All this plus the Olney community's award winning youth boys and girls club, the renown Olney Theatre Centre, excellent public and private schools, fantastic shopping & restaurants, and everything else Olney has to offer, make this a great place to call home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Wood, Insert, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Brick/Mortar
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2979
  • Living Area Sq Ft: 2277
  • Price Per Sq Ft: 285.42
  • Above Grade Finished Sq Ft: 2277
  • Below Grade Sq Ft: 702
  • Total Below Grade Sq Ft: 702
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18821

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, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 78.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11700.00
  • Year Assessed: 2023
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5815.00
  • Assessor Parcel Number: 160800748712
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2277
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/22/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 18, 2024
Sold by
Desimone Patricia E
Bought by
Larrabee Michael K and Gu Chenyue
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
Chen Chen
Northrop Realty
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
122
Current Estimated Value
$713,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,019
Avg. Annual Appreciation
8.11%
Original Mortgage
$455,000
Outstanding Balance
$450,559
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$269,338
Source: Public Records

Range of Values:

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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
Larrabee Michael K $650,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larrabee Michael K $455,000
Previous Owner Desimone Patricia L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $650,000 0.0% $285 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $649,900 -- $285 / 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 $6,248 $503,900 $0 $0
2023 $4,287 $468,300 $0 $0
2022 $3,771 $432,700 $226,800 $205,900
2021 $3,611 $428,200 $0 $0
2020 $3,611 $423,700 $0 $0
2019 $3,556 $419,200 $226,800 $192,400
2018 $3,468 $409,700 $0 $0
2017 $4,119 $400,200 $0 $0
2016 -- $390,700 $0 $0
2015 $3,579 $384,533 $0 $0
2014 $3,579 $378,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Savelson

    Seller's Agent in 2024

    Corey Savelson

    Long & Foster

    (301) 602-7073

    12 in this area

    149 Total Sales

    Section Image
  • Chen Chen

    Buyer's Agent in 2024

    Chen Chen

    Creig Northrop Team of Long & Foster

    (443) 939-1380

    2 in this area

    139 Total Sales

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Map

Source: Bright MLS

MLS Number: MDMC2123704

Bright MLS

APN: 08-00748712

Maryland Montgomery County Olney 20832

18821 Rolling Acres Way, Olney, MD

This home is located at 18821 Rolling Acres Way, Olney, MD 20832 since 15 March 2024 and is currently estimated at $720,489, approximately $316 per square foot. This property was built in 1973. 18821 Rolling Acres Way is a home located in Montgomery County with nearby schools including Greenwood Elementary School, Rosa M. Parks Middle School, and Sherwood High School.

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