NOT LISTED FOR SALE

18351 Leman Lake Dr Olney, MD 20832

Estimated Value: $309,000 - $316,000

2 Beds
1.5 Baths
1,032 Sq Ft
$454/mo HOA Fee

Last Sold September 30, 2024

Last sale price $308,000 $298 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,478/month

30 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Upgraded Countertops
  • Brooke Grove Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of September 2024

Lovely walk up two level condo convenient to all Olney has to offer. Renovated kitchen with beautiful cabinetry, granite countertops, tile backsplash, and track lighting. Updated vanities and lighting in Powder Room and Full Bath. Beautiful wood floors (even stairs and upper level!) Views of the pond , fountain and walking/jog path from the deck and Primary Bedroom.
Close to community amenities including outdoor pool, tennis courts, and club house.

Last Listed By

Maureen Doyle

Long & Foster Real Estate, Inc. License #655160 Listed on: 07/26/2024

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1987

Lot Details

  • Property is in excellent condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on upper level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Parking Lot
  • Assigned Parking

Utilities

  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160802791773

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Fair Hill Codm Community
  • Fair Hill Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,133

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: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-07-26
  • Federal Flood Zone: No
  • Year Built: 1987
  • Remarks Public: Lovely walk up two level condo convenient to all Olney has to offer. Renovated kitchen with beautiful cabinetry, granite countertops, tile backsplash, and track lighting. Updated vanities and lighting in Powder Room and Full Bath. Beautiful wood floors (even stairs and upper level!) Views of the pond , fountain and walking/jog path from the deck and Primary Bedroom. Close to community amenities including outdoor pool, tennis courts, and club house.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Washer - Front Loading, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Recessed Lighting, Pantry, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Price Per Sq Ft: 300.39
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18351

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 162.63
  • 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, Jog/Walk Path, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, 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

  • Horses: No
  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3133.00
  • Assessor Parcel Number: 160802791773
  • Tax Total Finished Sq Ft: 1032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/30/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 30, 2024
Sold by
Hollister Matthew J
Bought by
Hackett Robert Broc
Seller's Agent
Maureen Doyle
Long & Foster Real Estate, Inc.
Buyer's Agent
Leo Baboci
Weichert, REALTORS
List Price
$320,000
Sold Price
$308,000
Premium/Discount to List
-$12,000
-3.75%
Total Days on Market
30
Views
102
Current Estimated Value
$311,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,705
Avg. Annual Appreciation
2.16%
Original Mortgage
$297,720
Outstanding Balance
$296,070
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$15,635

Purchase Details

Listed on
Nov 12, 2019
Closed on
Mar 16, 2020
Sold by
Lefever Holdings Llc
Bought by
Hollister Matthew J
Seller's Agent
Jane Stillwell
RE/MAX Realty Centre, Inc.
Buyer's Agent
Trish McKenna
TTR Sotheby's International Realty
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$196,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2018
Sold by
Leahy Cynthia and Leahy Thomas M
Bought by
Lefever Holdings Llc

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 23, 2015
Sold by
Ledu Melani
Bought by
Leahy Cynthia and Leahy Thomas M
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Jane Stillwell
RE/MAX Realty Centre, Inc.
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Ledu Ledu Melani Melani and Ledu Durand Melani
Bought by
Ledu Melani

Purchase Details

Closed on
Mar 5, 2007
Sold by
Dur and Dur Henri
Bought by
Durand Melani Le Du

Purchase Details

Closed on
Jan 22, 2004
Sold by
Abdelmageed Maysa K
Bought by
Durand Henri

Purchase Details

Closed on
May 9, 2002
Sold by
Blackwood Ann
Bought by
Abdelmageed Maysa K

Purchase Details

Closed on
Jul 6, 2000
Sold by
Hartz Christine A
Bought by
Blackwood Ann

Purchase Details

Closed on
Jan 3, 1996
Sold by
Kline Frank
Bought by
Hartz Christine A

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
Hackett Robert Broc $308,000 Main Street Settlements
Hollister Matthew J $245,000 Rgs Title
Lefever Holdings Llc -- None Available
Leahy Cynthia $205,000 None Available
Ledu Melani -- None Available
Durand Melani Le Du -- --
Durand Henri $186,000 --
Durand Henri $186,000 --
Abdelmageed Maysa K $141,000 --
Blackwood Ann $102,000 --
Hartz Christine A $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hackett Robert Broc $297,720
Previous Owner Hollister Matthew J $196,000
Previous Owner Ledu Melani $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $308,000 -0.6% $298 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $310,000 -3.1% $300 / Sq Ft
07/26/2024 07/26/24 For Sale $320,000 +30.6% $310 / Sq Ft
03/18/2020 03/18/20 Sold $245,000 -1.6% $237 / Sq Ft
02/08/2020 02/08/20 Price Changed $249,000 0.0% $241 / Sq Ft
02/08/2020 02/08/20 For Sale $249,000 +1.6% $241 / Sq Ft
12/20/2019 12/20/19 Off Market $245,000 -- --
11/24/2019 11/24/19 Price Changed $249,500 -3.7% $242 / Sq Ft
11/12/2019 11/12/19 For Sale $259,000 +26.3% $251 / Sq Ft
02/23/2015 02/23/15 Sold $205,000 -4.7% $199 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $215,000 -- $208 / 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 $3,402 $263,333 $0 $0
2023 $2,441 $241,667 $0 $0
2022 $2,076 $220,000 $66,000 $154,000
2021 $1,918 $210,000 $0 $0
2020 $3,568 $200,000 $0 $0
2019 $2,354 $190,000 $57,000 $133,000
2018 $2,062 $186,667 $0 $0
2017 $2,122 $183,333 $0 $0
2016 $1,481 $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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