NOT LISTED FOR SALE

18054 Rolling Meadow Way Unit 259 Olney, MD 20832

Estimated Value: $324,000 - $338,000

2 Beds
2 Baths
1,233 Sq Ft
$448/mo HOA Fee

Last Sold September 06, 2024

Last sale price $330,000 $268 Per Sq Ft

Current estimated payment $2,557/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Community Center
  • Olney Elementary School Rated A
  • Tennis Courts
  • Jogging Path

About This Home

As of September 2024

Discover the epitome of contemporary living in this impeccably renovated 2-bedroom, 2-bathroom condo in the heart of Olney! Boasting 1,233 square feet of meticulously designed space, this property offers a perfect blend of style, comfort, and convenience.

Step into the main living area and be greeted by the stunning solid surface floors that flow seamlessly throughout the home, and the soaring vaulted ceilings that capture the eye immediately. The gas fireplace with its marble surround adds a cozy touch to your evenings. Entertain guests in the large formal dining area, or relax in the inviting family room, basking in the warmth of the fireplace. The fully renovated kitchen/dinette is a true showstopper, featuring exotic stone counters, new high-end LG appliances, pristine white cabinets, and a unique and beautiful backsplash that will leave you in awe. Effortlessly extend your living space to the outdoors with the deck off the kitchen, perfect for alfresco dining or simply enjoying the fresh air.

Beyond the walls of this exceptional condo, you'll find a vibrant community that offers a pool, tennis courts, tot lots, and walking/biking paths, ensuring endless opportunities for outdoor recreation and social interaction. And with its prime location, you'll be just a short stroll away from the charming downtown Olney, where you can indulge in an array of dining, shopping, and entertainment options including live music!

You have got to see this one!

Last Listed By

Andy Rubin

RE/MAX Realty Centre, Inc. License #653678 Listed on: 08/14/2024

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1987

Lot Details

  • 3,093

HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802737732

Community Details

Overview

  • Association fees include a/c unit(s), common area maintenance, lawn maintenance, management, pool(s), trash
  • Homeland Village Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,776

Year Built

Built in 1987

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-14
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the epitome of contemporary living in this impeccably renovated 2-bedroom, 2-bathroom condo in the heart of Olney! Boasting 1,233 square feet of meticulously designed space, this property offers a perfect blend of style, comfort, and convenience. Step into the main living area and be greeted by the stunning solid surface floors that flow seamlessly throughout the home, and the soaring vaulted ceilings that capture the eye immediately. The gas fireplace with its marble surround adds a cozy touch to your evenings. Entertain guests in the large formal dining area, or relax in the inviting family room, basking in the warmth of the fireplace. The fully renovated kitchen/dinette is a true showstopper, featuring exotic stone counters, new high-end LG appliances, pristine white cabinets, and a unique and beautiful backsplash that will leave you in awe. Effortlessly extend your living space to the outdoors with the deck off the kitchen, perfect for alfresco dining or simply enjoying the fresh air. Beyond the walls of this exceptional condo, you'll find a vibrant community that offers a pool, tennis courts, tot lots, and walking/biking paths, ensuring endless opportunities for outdoor recreation and social interaction. And with its prime location, you'll be just a short stroll away from the charming downtown Olney, where you can indulge in an array of dining, shopping, and entertainment options including live music! You have got to see this one!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1233
  • Living Area Sq Ft: 1233
  • Price Per Sq Ft: 267.64
  • Above Grade Finished Sq Ft: 1233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18054

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 217.03
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 230.51
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Community Center, Jog/Walk Path, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3776.00
  • Assessor Parcel Number: 160802737732
  • Tax Total Finished Sq Ft: 1233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/06/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 6, 2024
Sold by
Anderson Sean
Bought by
Bordak-Roseman Christian R and St Clair Maria
Seller's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
Buyer's Agent
Diane Faulkner
Long & Foster Real Estate, Inc.
List Price
$330,000
Sold Price
$330,000
Total Days on Market
4
Views
410
Current Estimated Value
$330,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325
Avg. Annual Appreciation
0.16%
Original Mortgage
$237,000
Outstanding Balance
$235,542
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$94,783

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 27, 2021
Sold by
Corrado Michelle E
Bought by
Anderson Sean
Seller's Agent
Byron Martinez
RE/MAX Town Center
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Sep 24, 2007
Sold by
Sheaffer Barbara L
Bought by
Corrado Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Sheaffer Barbara L
Bought by
Corrado Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Ohlhaver Kristina M
Bought by
Sheaffer Barbara L

Purchase Details

Closed on
Apr 29, 2002
Sold by
Murphy Faith C
Bought by
Ohlhaver Kristina M

Purchase Details

Closed on
Mar 9, 1998
Sold by
Ogden Michael J and Ogden J L
Bought by
Murphy Faith C

Purchase Details

Closed on
Feb 10, 1994
Sold by
Ganz P
Bought by
Ogden Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Bordak-Roseman Christian R $330,000 Rgs Title
Anderson Sean $255,000 First Title & Escrow Inc
Corrado Michelle E $297,000 --
Corrado Michelle E $297,000 --
Sheaffer Barbara L $291,000 --
Ohlhaver Kristina M $146,000 --
Murphy Faith C $102,000 --
Ogden Michael J $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordak-Roseman Christian R $237,000
Previous Owner Corrado Michelle E $189,808
Previous Owner Corrado Michelle E $196,500
Previous Owner Corrado Michelle E $196,500
Previous Owner Ogden Michael J $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $330,000 0.0% $268 / Sq Ft
08/14/2024 08/14/24 For Sale $330,000 +29.4% $268 / Sq Ft
10/27/2021 10/27/21 Sold $255,000 -6.3% $207 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $272,000 -2.5% $221 / Sq Ft
09/06/2021 09/06/21 Price Changed $279,000 -0.4% $226 / Sq Ft
09/03/2021 09/03/21 Price Changed $280,000 -1.8% $227 / Sq Ft
08/17/2021 08/17/21 For Sale $285,000 +11.8% $231 / Sq Ft
08/13/2021 08/13/21 Off Market $255,000 -- --
07/09/2021 07/09/21 For Sale $285,000 +11.8% $231 / Sq Ft
07/07/2021 07/07/21 Off Market $255,000 -- --
07/07/2021 07/07/21 For Sale $285,000 -- $231 / 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
2024 $3,182 $243,333 $0 $0
2023 $3,776 $236,667 $0 $0
2022 $2,195 $230,000 $69,000 $161,000
2021 $4,219 $226,667 $0 $0
2020 $4,000 $223,333 $0 $0
2019 $4,000 $220,000 $66,000 $154,000
2018 $2,394 $216,667 $0 $0
2017 $1,977 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $1,806 $210,000 $0 $0
2014 $1,806 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2143268

Bright MLS

APN: 08-02737732