NOT LISTED FOR SALE

18524 Meadowland Terrace Olney, MD 20832

Estimated Value: $778,860 - $816,000

4 Beds
3.5 Baths
2,480 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $800,000 $323 Per Sq Ft

Current estimated payment $5,108/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Corner Lot
  • Brooke Grove Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of October 2024

You must see this spectacular 4 bedroom colonial located in James Creek. The pride of ownership is apparent throughout. There are gorgeous hardwood floors in the foyer, kitchen and dining room. The family room features a brick fireplace with a gas insert. Upgraded items include the roof, siding, windows and bathrooms. The back yard is fully fenced and offers a terrific interlocking brick patio. The lower level has a large finished recreation room as well as a full bathroom. James Creek is a fantastic neighborhood featuring a swimming pool, volleyball court, walking paths, playgrounds and is in close proximity to Brooke Grove Elementary school. Come and enjoy all of the amenities that Olney has to offer.

Last Listed By

William Coulter

RE/MAX Realty Centre, Inc. License #77978 Listed on: 09/27/2024

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1993

Lot Details

  • 7,688 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned RE2

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 160803002051

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, trash
  • Village Of James Creek HOA
  • James Creek Subdivision
  • Property Manager

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,018

Year Built

Built in 1993

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-09-27
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: You must see this spectacular 4 bedroom colonial located in James Creek. The pride of ownership is apparent throughout. There are gorgeous hardwood floors in the foyer, kitchen and dining room. The family room features a brick fireplace with a gas insert. Upgraded items include the roof, siding, windows and bathrooms. The back yard is fully fenced and offers a terrific interlocking brick patio. The lower level has a large finished recreation room as well as a full bathroom. James Creek is a fantastic neighborhood featuring a swimming pool, volleyball court, walking paths, playgrounds and is in close proximity to Brooke Grove Elementary school. Come and enjoy all of the amenities that Olney has to offer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Humidifier, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Stove
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Pantry, Skylight(s), Walk-In Closet(s), Wood Floors
  • Window Features: Energy Efficient, Replacement, Skylights
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2940
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 412.23
  • Above Grade Finished Sq Ft: 1880
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 460
  • Total Below Grade Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18524

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • HOA Fees: 57.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Trash
  • HOA Name: VILLAGE OF JAMES CREEK HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROOKE GROVE
  • Middle School: WILLIAM H. FARQUHAR
  • High School: SHERWOOD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Fencing: Wood, Rear
  • Land Use Code: R
  • Lot Features: Corner
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7688.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7018.00
  • Assessor Parcel Number: 160803002051
  • Tax Lot: 138
  • Tax Total Finished Sq Ft: 2480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/31/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 29, 2024
Sold by
Jenkins Thomas E and Jenkins Diane M
Bought by
Mcguinness Kevin M and Mcguinness Kristin M
Seller's Agent
William Coulter
RE/MAX Realty Centre, Inc.
Buyer's Agent
Kevin Savercool
Long & Foster Real Estate, Inc.
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Total Days on Market
0
Views
55
Current Estimated Value
$800,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215
Avg. Annual Appreciation
0.06%
Original Mortgage
$500,000
Outstanding Balance
$497,529
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$302,686

Purchase Details

Closed on
Jul 30, 2003
Sold by
Bhanot Vineet and Bhanot D
Bought by
Jenkins Thomas E and Jenkins Diane M

Purchase Details

Closed on
Sep 14, 1998
Sold by
M Katherine J and M Campbell J
Bought by
Bhanot Vineet and Bhanot D

Purchase Details

Closed on
Nov 5, 1993
Sold by
Nvr Homes Inc
Bought by
Campbell K J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,550
Interest Rate
6.83%

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
Mcguinness Kevin M $800,000 Fidelity National Title
Jenkins Thomas E $430,000 --
Bhanot Vineet $255,000 --
Campbell K J $222,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguinness Kevin M $500,000
Previous Owner Jenkins Thomas E $345,500
Previous Owner Jenkins Thomas E $375,000
Previous Owner Jenkins Thomas E $100,000
Previous Owner Jenkins Thomas E $372,000
Previous Owner Campbell K J $200,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $800,000 +3.2% $323 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $775,000 -- $313 / 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 $7,018 $570,733 $0 $0
2023 $5,745 $522,300 $246,500 $275,800
2022 $5,423 $517,200 $0 $0
2021 $5,232 $512,100 $0 $0
2020 $5,232 $507,000 $246,500 $260,500
2019 $4,982 $485,733 $0 $0
2018 $4,748 $464,467 $0 $0
2017 $4,603 $443,200 $0 $0
2016 -- $432,700 $0 $0
2015 $5,491 $422,200 $0 $0
2014 $5,491 $411,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2148800

Bright MLS

APN: 08-03002051