NOT LISTED FOR SALE

3226 Spartan Rd Olney, MD 20832

Estimated Value: $197,078 - $221,000

2 Beds
1.5 Baths
880 Sq Ft
$491/mo HOA Fee

Last Sold May 10, 2019

Last sale price $122,500 $139 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,757/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Olney Elementary School Rated A

About This Home

As of May 2019

This spacious, sun filled, and open condo is waiting for you to make it your home. Property is a clean slate. You pick what you want, not what is already there. Features master bedroom with master bath and walk-in closet, large kitchen with separate dining room and private balcony. Community features pool, tennis courts, and tot lot. Walk to Safeway, Giant, coffee shops, restaurants, shops, transit, and more. Condo fee includes most utilities. Twp parking spots are included.

Last Agent to Sell the Property

Bradley Griffin

(202) 744-7722 brad@BradleyGriffin.com Coldwell Banker Realty Listed on: 04/04/2019

Coldwell Banker Realty

Last Buyer's Agent

Gregory Hangemanole

(301) 526-0393 gregory.hangemanole@longandfoster.com Long & Foster Real Estate, Inc. License #0225214175

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1973

Lot Details

  • 2,004

HOA Fees

  • $491 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 880 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160801617673

Community Details

Overview

  • Association fees include air conditioning, heat, electricity, exterior building maintenance, pool(s), reserve funds, sewer, snow removal, trash, water, lawn maintenance, insurance, gas
  • Low-Rise Condominium
  • Camelback Village Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 1973

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-04-04
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 880
  • Living Area Sq Ft: 880
  • Price Per Sq Ft: 142.03
  • Above Grade Finished Sq Ft: 880
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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, 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 491.30
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Heat, Electricity, Ext Bldg Maint, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Lawn Maintenance, Insurance, Gas
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87500.00
  • Land Assessed Value: 37500.00
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13935933
  • Tax Annual Amount: 1488.00
  • Assessor Parcel Number: 160801617673
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 6, 2019
Sold by
Williamson Douglas C
Bought by
Melonashi Mikel and Melonashi Brunilda
Seller's Agent
Bradley Griffin
Coldwell Banker Realty
Buyer's Agent
Gregory Hangemanole
Long & Foster Real Estate, Inc.
List Price
$124,990
Sold Price
$122,500
Premium/Discount to List
-$2,490
-1.99%
Current Estimated Value
$211,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,520
Avg. Annual Appreciation
8.62%
Original Mortgage
$99,661
Outstanding Balance
$87,444
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$123,576

Purchase Details

Closed on
Sep 10, 1999
Sold by
Wood Charles E Tr
Bought by
Williamson Douglas C

Purchase Details

Closed on
Mar 22, 1999
Sold by
Charles E Wood Tr
Bought by
Charles E Wood Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melonashi Mikel $122,500 Rgs Title
Williamson Douglas C $59,000 --
Charles E Wood Tr -- --
Charles E Wood Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melonashi Mikel $99,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $122,500 -2.0% $139 / Sq Ft
04/30/2019 04/30/19 Price Changed $124,990 0.0% $142 / Sq Ft
04/30/2019 04/30/19 For Sale $124,990 +4.2% $142 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $120,000 -- $136 / 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 $1,874 $175,000 $52,500 $122,500
2024 $1,874 $156,667 $0 $0
2023 $895 $138,333 $0 $0
2022 $695 $120,000 $36,000 $84,000
2021 $691 $120,000 $36,000 $84,000
2020 $689 $120,000 $36,000 $84,000
2019 $797 $130,000 $39,000 $91,000
2018 $1,418 $128,333 $0 $0
2017 $1,490 $126,667 $0 $0
2016 -- $125,000 $0 $0
2015 $1,220 $120,000 $0 $0
2014 $1,220 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC650100

Bright MLS

APN: 08-01617673