NOT LISTED FOR SALE

3228 Spartan Rd Unit 2 Olney, MD 20832

Estimated Value: $234,835 - $251,000

3 Beds
1.5 Baths
1,022 Sq Ft
$536/mo HOA Fee

Last Sold September 15, 2016

Last sale price $162,500 $159 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,974/month

57 Days on Market

Highlights

  • Traditional Floor Plan
  • Community Pool
  • Balcony
  • Olney Elementary School Rated A
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

Large 2nd floor condo with 3 spacious bedrooms. Freshly painted, updated baths, new carpeting, and new appliances. Incredible location just steps from restaurants, shopping, movies and public transportation. Washer and dryer in unit! Condo fee includes heat, a/c and water. Ample parking, tennis court and a tot lot. Pool's open, hurry!

Last Agent to Sell the Property

Darin Rich

(301) 452-9319 darin@darinrich.com RE/MAX Realty Group License #635665 Listed on: 06/01/2016

RE/MAX Realty Group

Co-Listed By

Greg Smith

(301) 325-0868 golfrmx@gmail.com RE/MAX Realty Group

Last Buyer's Agent

Rene Guzman Iglesias

(240) 581-2139 rgfirstgen@gmail.com LPT Realty, LLC License #644246

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1973

Lot Details

  • 2,265

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,022 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160801617616

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, pool(s), road maintenance, reserve funds, snow removal, exterior building maintenance, water, heat, air conditioning
  • Low-Rise Condominium
  • Camelback Village Community
  • Camelback Village Subdivision
  • The community has rules related to covenants

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,604

Year Built

Built in 1973

Lot Details

0

HOA Fees

$536 per month

Listing Details

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

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • 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: 159.00
  • Above Grade Finished Sq Ft: 1022
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 535.78
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Pool(s), Road Maintenance, Reserve Funds, Snow Removal, Ext Bldg Maint, Water, Heat, Air Conditioning
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • 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
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935928
  • Tax Annual Amount: 1604.14
  • Assessor Parcel Number: 160801617616
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Sep 28, 2016
Sold by
Saberi Bnafsha F and Saberi Rashed Sayed
Bought by
Abushaikha Jason Raouf
Seller's Agent
Darin Rich
RE/MAX Realty Group
Buyer's Agent
Rene Guzman Iglesias
LPT Realty, LLC
List Price
$165,000
Sold Price
$162,500
Premium/Discount to List
-$2,500
-1.52%
Current Estimated Value
$240,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,709
Avg. Annual Appreciation
4.33%
Original Mortgage
$159,556
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2006
Sold by
Babazadeh Bnafsha F
Bought by
Saberi Bnafsha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 30, 2006
Sold by
Babazadeh Bnafsha F
Bought by
Saberi Bnafsha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 18, 2004
Sold by
Thompson Dora
Bought by
Babazadeh Bnafsha F

Purchase Details

Closed on
Jan 12, 2004
Sold by
Smith Diana M
Bought by
Thompson Dora

Purchase Details

Closed on
Jan 2, 1998
Sold by
Sec Of Housing & Urban Dev
Bought by
Smith Diana M

Purchase Details

Closed on
Sep 24, 1997
Sold by
Delgado Luis F
Bought by
Sec Of Housing & Urban Dev and Of Washington D C
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
Abushaikha Jason Raouf $162,500 None Available
Saberi Bnafsha F -- --
Saberi Bnafsha F -- --
Babazadeh Bnafsha F $155,000 --
Thompson Dora $135,000 --
Smith Diana M $69,000 --
Sec Of Housing & Urban Dev $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abushaikha Jason Raouf $159,556
Previous Owner Saberi Bnafsha F $122,000
Previous Owner Saberi Bnafsha F $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $162,500 0.0% $159 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $162,500 +1.6% $159 / Sq Ft
06/21/2016 06/21/16 Price Changed $160,000 -3.0% $157 / Sq Ft
06/01/2016 06/01/16 For Sale $165,000 -- $161 / 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 $2,640 $163,333 $0 $0
2022 $1,209 $150,000 $45,000 $105,000
2021 $985 $146,667 $0 $0
2020 $1,892 $143,333 $0 $0
2019 $907 $140,000 $42,000 $98,000
2018 $910 $140,000 $42,000 $98,000
2017 $1,662 $140,000 $0 $0
2016 $1,541 $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: 1002435219

Bright MLS

APN: 08-01617616