NOT LISTED FOR SALE

3224 Spartan Rd Unit 48 Olney, MD 20832

Estimated Value: $260,000 - $280,000

4 Beds
2 Baths
1,252 Sq Ft
$614/mo HOA Fee

Last Sold June 15, 2018

Last sale price $185,000 $148 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,238/month

49 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Olney Elementary School Rated A
  • Tennis Courts
  • Property is in very good condition

About This Home

As of June 2018

Astonishing condo w/ tons of natural sunlight feats; 4 spacious bdrms with floor to ceiling windows, 2baths, stainless steel apps & modern backsplash, sleek hrdwd flrs, gorgeous crown molding in the living rm and dining rm. Equipped with a washer & dryer and lots of storage. Greatly located near major rds, public transportation, parks and an array of restaurants, shops and more!

Last Agent to Sell the Property

Juan Umanzor

(240) 494-6433 Juan@longandfoster.com Long & Foster Real Estate, Inc. License #0225102012 Listed on: 03/22/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Juan Umanzor

(240) 494-6433 Juan@longandfoster.com Long & Foster Real Estate, Inc. License #0225102012 Listed on: 03/22/2018

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1973

Lot Details

  • Property is in very good condition

HOA Fees

  • $614 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,252 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160801617718

Community Details

Overview

  • Association fees include electricity, water
  • Low-Rise Condominium
  • Camelback Village Community
  • Camelback Village Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,892

Year Built

Built in 1973

Lot Details

0

HOA Fees

$614 per month

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Stove, Washer, Dryer, Refrigerator
  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1252
  • Living Area Sq Ft: 1252
  • Price Per Sq Ft: 151.68
  • Above Grade Finished Sq Ft: 1252
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 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: 614.39
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Electricity, Water
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935937
  • Tax Annual Amount: 1892.24
  • Assessor Parcel Number: 160801617718
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jun 15, 2018
Sold by
Jiemenez De Martinez Leidy D and Gonzalez Yesenia V
Bought by
Young Jung Chan
Seller's Agent
Juan Umanzor
Long & Foster Real Estate, Inc.
Buyer's Agent
Juan Umanzor
Long & Foster Real Estate, Inc.
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$269,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,451
Avg. Annual Appreciation
5.09%
Original Mortgage
$141,600
Outstanding Balance
$122,460
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$146,067

Purchase Details

Listed on
Mar 8, 2013
Closed on
Jun 12, 2013
Sold by
Hopkins Elizabeth A
Bought by
Jimenez De Martinez Leidy D and Gonzalez Yesenia V
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Alicia Angel_Giron
Fairfax Realty Premier
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$171,830
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1995
Sold by
Hud Housing Urban Development
Bought by
Hopkins Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,400
Interest Rate
9.24%

Purchase Details

Closed on
Oct 5, 1994
Sold by
Friedman Alvin E
Bought by
Sec Of Hud Of Washington Dc
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
Young Jung Chan $185,000 Harvest Title & Escrow Llc
Jimenez De Martinez Leidy D $175,000 Old Republic National Title
Hopkins Elizabeth A $65,425 --
Sec Of Hud Of Washington Dc $98,370 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Jung Chan $141,600
Previous Owner Jimenez De Martinez Leidy D $171,830
Previous Owner Sec Of Hud Of Washington Dc $35,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $185,000 -2.6% $148 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $189,900 +8.5% $152 / Sq Ft
06/11/2013 06/11/13 Sold $175,000 0.0% $140 / Sq Ft View Prior Sale
05/22/2013 05/22/13 For Sale $175,000 0.0% $140 / Sq Ft
04/24/2013 04/24/13 For Sale $175,000 0.0% $140 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/16/2013 03/16/13 Pending -- -- --
03/15/2013 03/15/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $175,000 -- $140 / 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 $2,488 $230,000 $69,000 $161,000
2024 $2,488 $210,000 $0 $0
2023 $2,220 $190,000 $0 $0
2022 $1,939 $170,000 $51,000 $119,000
2021 $2,411 $166,667 $0 $0
2020 $1,859 $163,333 $0 $0
2019 $1,128 $160,000 $48,000 $112,000
2018 $1,823 $160,000 $48,000 $112,000
2017 $1,200 $160,000 $0 $0
2016 -- $160,000 $0 $0
2015 $957 $160,000 $0 $0
2014 $957 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000296290

Bright MLS

APN: 08-01617718