NOT LISTED FOR SALE

3200 Spartan Rd Unit 2 Olney, MD 20832

Estimated Value: $227,925 - $254,000

3 Beds
1.5 Baths
1,022 Sq Ft
$535/mo HOA Fee

Last Sold September 11, 2015

Last sale price $159,900 $156 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,002/month

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Community Pool
  • Olney Elementary School Rated A
  • Upgraded Countertops
  • Tennis Courts

About This Home

As of September 2015

COMPLETELY RENOVATED 3 BEDROOM 1 FULL AND A HALF BATH IN OLNEY. CLOSE TO ALL THE SHOPS. CONTEMPORARY STYLE CONDO NEW FLOORING BRAND NEW KITCHEN WITH GRANITE COUNTER TOPS, NEW STOVE, DISHWASHER, NEWER CABINETS, NEW FLOORING THRU OUT! THIS IS A WINNER!

Last Agent to Sell the Property

Gregory Hangemanole

(301) 526-0393 gregory.hangemanole@longandfoster.com Long & Foster Real Estate, Inc. License #0225214175 Listed on: 08/11/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kathryn Virkus

(301) 580-0916 kathy.virkus@gmail.com RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1973

Lot Details

  • Property is in very good condition

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,022 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Country Kitchen
  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160801616975

Community Details

Overview

  • Association fees include common area maintenance, gas, heat, insurance, pool(s), sewer, snow removal, water, electricity
  • Low-Rise Condominium
  • Camelback Community
  • Camelback Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,617

Year Built

Built in 1973

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Remarks Public: COMPLETELY RENOVATED 3 BEDROOM 1 FULL AND A HALF BATH IN OLNEY. CLOSE TO ALL THE SHOPS. CONTEMPORARY STYLE CONDO NEW FLOORING BRAND NEW KITCHEN WITH GRANITE COUNTER TOPS, NEW STOVE, DISHWASHER, NEWER CABINETS, NEW FLOORING THRU OUT! THIS IS A WINNER!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Single, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Country, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1022
  • Living Area Sq Ft: 1022
  • Price Per Sq Ft: 156.46
  • Above Grade Finished Sq Ft: 1022
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3200

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 535.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Heat, Insurance, Pool(s), Sewer, Snow Removal, Water, Electricity
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935890
  • Tax Annual Amount: 1616.84
  • Assessor Parcel Number: 160801616975
  • Tax Total Finished Sq Ft: 1022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 09/11/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Chile Teodoro and Chile Maria A
Bought by
Mastrapa Hector
Current Estimated Value
$242,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Outstanding Balance
$114,477
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,254

Purchase Details

Listed on
Apr 17, 2015
Closed on
May 11, 2015
Sold by
Hsbc Bank Usa Na
Bought by
Hasanaj Artan and Hasanaj Gentiana
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Gregory Hangemanole
Long & Foster Real Estate, Inc.
List Price
$128,600
Sold Price
$102,000
Premium/Discount to List
-$26,600
-20.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Mar 9, 2015
Sold by
Olaechea Daniel A and Olaechea Eddie A
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
May 4, 2005
Sold by
Breece Alan Damon
Bought by
Olaechea Ediie A

Purchase Details

Closed on
Mar 31, 2005
Sold by
Breece Alan Damon
Bought by
Olaechea Ediie A

Purchase Details

Closed on
May 20, 2003
Sold by
Phillips Steven F
Bought by
Breece Alan Damon

Purchase Details

Closed on
Apr 6, 1994
Sold by
Newberry S K
Bought by
Phillips Steven F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
7.27%
Source: Public Records

Range of Values:

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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
Mastrapa Hector $171,500 Greater Maryland Title Llc
Hasanaj Artan $102,900 Servicelink Llc
Hsbc Bank Usa Na $173,562 None Available
Olaechea Ediie A $195,000 --
Olaechea Ediie A $195,000 --
Breece Alan Damon $130,000 --
Phillips Steven F $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastrapa Hector $137,200
Previous Owner Phillips Steven F $66,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2015 09/11/15 Sold $159,900 0.0% $156 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $159,900 +56.8% $156 / Sq Ft
05/28/2015 05/28/15 Sold $102,000 -20.7% $100 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $128,600 -- $126 / 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 $2,104 $190,000 $57,000 $133,000
2024 $2,104 $176,667 $0 $0
2023 $1,948 $163,333 $0 $0
2022 $1,209 $150,000 $45,000 $105,000
2021 $1,677 $146,667 $0 $0
2020 $1,599 $143,333 $0 $0
2019 $1,599 $140,000 $42,000 $98,000
2018 $1,547 $140,000 $42,000 $98,000
2017 $970 $140,000 $0 $0
2016 -- $140,000 $0 $0
2015 $1,541 $140,000 $0 $0
2014 $1,541 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002366181

Bright MLS

APN: 08-01616975