NOT LISTED FOR SALE

3224 Spartan Rd Unit 1 Olney, MD 20832

Estimated Value: $231,000 - $256,000

3 Beds
2 Baths
1,110 Sq Ft
$565/mo HOA Fee

Last Sold June 06, 2017

Last sale price $142,500 $128 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,047/month

90 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Tennis Courts
  • Olney Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Large 3 bedroom 2 bath patio condo in the heart of Olney and walking distance to all the shops, restaurants and stores. Loads of parking so no need to park blocks away. Stackable washer & dryer. Quiet and convenient neighborhood.

Last Agent to Sell the Property

Faith Rosselle

(301) 570-9300 faith.rosselle@verizon.net Rosselle Realty Services License #BR100826 Listed on: 01/21/2017

Last Buyer's Agent

Ken Abramowitz

(301) 526-2380 homesbyken@gmail.com RE/MAX Town Center License #636973

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1973

Lot Details

  • 2,352

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • James Hubert Blake High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160801617560

Community Details

Overview

  • Association fees include exterior building maintenance, management, lawn maintenance, insurance, water, reserve funds, sewer, snow removal, trash
  • Low-Rise Condominium
  • Camelback Village Community
  • Camelback Village Subdivision
  • The community has rules related to alterations or architectural changes

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,662

Year Built

Built in 1973

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Range Hood, Washer/Dryer Stacked
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 126.04
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Lawn Maintenance, Insurance, Water, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Property Attached Yn: Yes
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935923
  • Tax Annual Amount: 1662.20
  • Assessor Parcel Number: 160801617560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2017
Closed on
May 22, 2017
Sold by
Us Bank National Assocation
Bought by
Kbm Group Inc
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$139,900
Sold Price
$142,500
Premium/Discount to List
$2,600
1.86%
Current Estimated Value
$245,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,975
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Nugent Mary G
Bought by
Bonilla Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 21, 2006
Sold by
Nugent Mary G
Bought by
Bonilla Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 9, 1999
Sold by
Moon Ok and Moon Yeon
Bought by
Nugent Mary G
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
Kbm Group Inc $142,500 Home First Title Group Llc
Bonilla Maria $255,000 --
Bonilla Maria $255,000 --
Nugent Mary G $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonilla Maria $51,000
Previous Owner Bonilla Maria $204,000
Previous Owner Bonilla Maria $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $142,500 +1.9% $128 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $139,900 0.0% $126 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $139,900 -- $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 $2,296 $215,000 $64,500 $150,500
2024 $2,296 $193,333 $0 $0
2023 $2,044 $171,667 $0 $0
2022 $1,209 $150,000 $45,000 $105,000
2021 $1,677 $146,667 $0 $0
2020 $1,638 $143,333 $0 $0
2019 $1,599 $140,000 $42,000 $98,000
2018 $1,602 $140,000 $42,000 $98,000
2017 $1,662 $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: 1002482271

Bright MLS

APN: 08-01617560