NOT LISTED FOR SALE

3214 Spartan Rd Olney, MD 20832

Estimated Value: $224,335 - $265,000

2 Beds
1.5 Baths
1,037 Sq Ft
$533/mo HOA Fee

Last Sold February 12, 2020

Last sale price $185,000 $178 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,967/month

5 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • Dogs and Cats Allowed
  • Olney Elementary School Rated A

About This Home

As of February 2020

Wonderful opportunity to own a 3-level townhouse style condo boasting over 1,000sq/ft of living space, private balcony, and has been completely renovated. New hardwood floors line the main living & dining rooms, new kitchen cabinets, new granite counter tops, new kitchen sink & faucet, newer appliances, new light fixtures, and new carpeting on upper level. All windows replaced in 2009, sliding glass door replaced in 2010. Truly a townhouse feel with Southern & Western exposures. Lots of storage space. Two parking spaces. Unbeatable location in the heart of thriving downtown Olney, walk to many new restaurants, shops, multiple grocery stores & gyms!

Last Agent to Sell the Property

Michael Hangemanole

(240) 483-7255 michaelh@lnf.com RLAH @properties Listed on: 01/22/2020

RLAH @properties

Last Buyer's Agent

Robert Armstrong

(410) 925-8295 roba@vrobx.com JPAR Stellar Living License #332959

JPAR Stellar Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1973

Lot Details

  • 2,178

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,037 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160801617148

Community Details

Overview

  • Association fees include water, sewer, gas, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Camelback Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,709

Year Built

Built in 1973

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Upper 2
  • Federal Flood Zone: No
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1037
  • Living Area Sq Ft: 1037
  • Price Per Sq Ft: 178.40
  • Above Grade Finished Sq Ft: 1037
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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: Parking Lot, Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 532.52
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935900
  • Tax Annual Amount: 1709.00
  • Assessor Parcel Number: 160801617148
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 12, 2020
Sold by
Hangemanole Despina and Hangemanole Barbara
Bought by
Bond Kathleen
Seller's Agent
Michael Hangemanole
RLAH @properties
Buyer's Agent
Robert Armstrong
JPAR Stellar Living
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$240,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,584
Avg. Annual Appreciation
4.62%
Original Mortgage
$171,000
Outstanding Balance
$151,409
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$89,175

Purchase Details

Closed on
Sep 20, 2007
Sold by
Brow Kelly A
Bought by
Hangemanole Despina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2007
Sold by
Brow Kelly A
Bought by
Hangemanole Despina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2001
Sold by
Thomas Sarah
Bought by
Brow Kelly A

Purchase Details

Closed on
Jul 8, 1999
Sold by
Bean Nancy C
Bought by
Thomas Sarah
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
Bond Kathleen $185,000 Universal Title
Hangemanole Despina C $225,000 --
Hangemanole Despina C $225,000 --
Brow Kelly A $91,000 --
Thomas Sarah $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bond Kathleen $171,000
Previous Owner Hangemanole Despina C $200,000
Previous Owner Hangemanole Despina C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $185,000 0.0% $178 / Sq Ft
01/22/2020 01/22/20 For Sale $185,000 0.0% $178 / Sq Ft
09/13/2017 09/13/17 Rented $1,599 -1.0% --
09/13/2017 09/13/17 Under Contract -- -- --
07/04/2017 07/04/17 For Rent $1,615 +4.2% --
12/01/2013 12/01/13 Rented $1,550 0.0% --
11/12/2013 11/12/13 Under Contract -- -- --
10/25/2013 10/25/13 For Rent $1,550 -- --
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 $2,028 $175,000 $52,500 $122,500
2024 $2,028 $170,000 $0 $0
2023 $1,275 $165,000 $0 $0
2022 $1,137 $160,000 $48,000 $112,000
2021 $1,095 $156,667 $0 $0
2020 $1,056 $153,333 $0 $0
2019 $1,709 $150,000 $45,000 $105,000
2018 $1,712 $150,000 $45,000 $105,000
2017 $1,777 $150,000 $0 $0
2016 -- $150,000 $0 $0
2015 $1,063 $150,000 $0 $0
2014 $1,063 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Hangemanole

    Seller's Agent in 2020

    Michael Hangemanole

    Real Living at Home

    (240) 483-7255

    1 in this area

    55 Total Sales

    Michael Hangemanole
    Section Image
  • Robert Armstrong

    Buyer's Agent in 2020

    Robert Armstrong

    JPAR Stellar Living

    (410) 925-8295

    2 in this area

    8 Total Sales

    Robert Armstrong
    Section Image
  • Franco Saladino

    Seller's Agent in 2013

    Franco Saladino

    Long & Foster

    (301) 466-4668

    6 in this area

    104 Total Sales

    Franco Saladino
    Section Image

  • M

    Buyer's Agent in 2013

    Maryellen Clyne

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC693104

Bright MLS

APN: 08-01617148

Maryland Montgomery County Olney 20832

3214 Spartan Rd, Olney, MD

Not Listed for Sale

Condos

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