NOT LISTED FOR SALE

18339 Leman Lake Dr Unit 807A Olney, MD 20832

Estimated Value: $317,136 - $335,000

2 Beds
1.5 Baths
1,137 Sq Ft
$454/mo HOA Fee

Last Sold November 22, 2024

Last sale price $330,000 $290 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,553/month

3 Days on Market

Highlights

  • Lake View
  • Community Lake
  • Contemporary Architecture
  • Brooke Grove Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of November 2024

Discover this gorgeous ground-level condo in the highly sought-after Fair Hill community, showcasing stunning backyard water views! This move-in-ready 2-bedroom, 1.5-bath home blends comfort and modern style seamlessly.

Inside, you'll find an open-concept layout with a beautifully updated gourmet kitchen (2021) featuring quartz countertops, a stylish backsplash, modern fixtures, high-end GE Café appliances, and under-cabinet lighting. Adjacent to the kitchen is a bright dining area overlooking the cozy living room, complete with a wood-burning fireplace to add warmth and charm. Additional updates include a new washer and dryer (2023), an updated HVAC system (2022), a water heater (2021), and a newer roof.

Upstairs, the spacious primary and second bedrooms offer large windows, generous closet space, and an updated full bath. A conveniently located laundry closet completes the upper level for added ease.

Step outside to a relaxing patio—ideal for reading or entertaining—while enjoying peaceful surroundings with scenic walking paths and a private community pool.

With shops, grocery stores, restaurants, and easy access to the ICC just minutes away, this home offers unbeatable convenience. Don’t miss this rare opportunity!

Last Listed By

Cara Via

Charis Realty Group Listed on: 10/25/2024

Charis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1987

Lot Details

  • Property is in excellent condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Lake Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802791727

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Fair Hill Codm Community
  • Fair Hill Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,287

Year Built

Built in 1987

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level, Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-10-25
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Remarks Public: Discover this gorgeous ground-level condo in the highly sought-after Fair Hill community, showcasing stunning backyard water views! This move-in-ready 2-bedroom, 1.5-bath home blends comfort and modern style seamlessly. Inside, you'll find an open-concept layout with a beautifully updated gourmet kitchen (2021) featuring quartz countertops, a stylish backsplash, modern fixtures, high-end GE Café appliances, and under-cabinet lighting. Adjacent to the kitchen is a bright dining area overlooking the cozy living room, complete with a wood-burning fireplace to add warmth and charm. Additional updates include a new washer and dryer (2023), an updated HVAC system (2022), a water heater (2021), and a newer roof. Upstairs, the spacious primary and second bedrooms offer large windows, generous closet space, and an updated full bath. A conveniently located laundry closet completes the upper level for added ease. Step outside to a relaxing patio—ideal for reading or entertaining—while enjoying peaceful surroundings with scenic walking paths and a private community pool. With shops, grocery stores, restaurants, and easy access to the ICC just minutes away, this home offers unbeatable convenience. Don’t miss this rare opportunity!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 277.04
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18339

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 163.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 400.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Swimming Pool, Tennis Courts, Reserved/Assigned Parking, Lake
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, 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
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3287.00
  • Assessor Parcel Number: 160802791727
  • Tax Total Finished Sq Ft: 1137
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/22/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 22, 2024
Sold by
Jarboe Edward H
Bought by
Amrutha Anil
Seller's Agent
Cara Via
Charis Realty Group
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Total Days on Market
3
Views
95
Current Estimated Value
$327,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,466
Avg. Annual Appreciation
-1.77%
Original Mortgage
$195,000
Outstanding Balance
$194,200
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$133,334

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 22, 2014
Sold by
Moneymaker Mary Pricer
Bought by
Jarboe Edward H
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
Tina Cheung
EXP Realty, LLC
List Price
$209,900
Sold Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$170,858
Interest Rate
4.33%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1992
Bought by
Moneymaker Mary P

Range of Values:

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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
Amrutha Anil $330,000 Bayline Title & Escrow Llc
Amrutha Anil $330,000 Bayline Title & Escrow Llc
Jarboe Edward H $209,900 Stewart Title
Moneymaker Mary P $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amrutha Anil $195,000
Closed Amrutha Anil $195,000
Previous Owner Jarboe Edward H $169,000
Previous Owner Jarboe Edward H $149,900
Previous Owner Jarboe Edward H $170,000
Previous Owner Jarboe Edward H $170,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $330,000 +4.8% $290 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $315,000 +50.1% $277 / Sq Ft
05/22/2014 05/22/14 Sold $209,900 0.0% $185 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $209,900 -- $185 / 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 $3,287 $253,333 $0 $0
2023 $3,767 $236,667 $0 $0
2022 $1,773 $220,000 $66,000 $154,000
2021 $1,954 $213,333 $0 $0
2020 $1,858 $206,667 $0 $0
2019 $3,544 $200,000 $60,000 $140,000
2018 $1,694 $193,333 $0 $0
2017 $1,625 $186,667 $0 $0
2016 -- $180,000 $0 $0
2015 $1,481 $180,000 $0 $0
2014 $1,481 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2153246

Bright MLS

APN: 08-02791727