NOT LISTED FOR SALE

12301 Silvergate Way Unit 81 Germantown, MD 20874

Estimated Value: $251,000 - $310,000

2 Beds
2 Baths
968 Sq Ft
$305/mo HOA Fee

Last Sold August 24, 2021

Last sale price $205,000 $212 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,894/month

Highlights

  • Traditional Architecture
  • Doors swing in
  • Carpet
  • Roberto W. Clemente Middle Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Be the first to view this 2nd level 2 bedroom, 2 bath condominium in the community of The Knolls at North Lake. This unit is conveniently located just minutes from quality shopping, restaurants, parks and major commuter routes. This unit has been freshly painted with brand new carpeting. Additionally, there is a relaxing balcony. **Must have strong pre-approval letter and completed GCAAR Financial Information Sheet with all contracts. **Please also complete the Contract Summary when submitting contracts.** The contract deadline is Sunday, 7/25 at midnight**. Contact listing agent with any questions.

Last Agent to Sell the Property

Kevin Grolig

(240) 793-7495 kevin@kevingrolig.com Compass License #88508 Listed on: 07/22/2021

Compass

Co-Listed By

LIDIA ARCHER

(301) 523-4948 lidiaarcher07@gmail.com Compass License #0675263

Last Buyer's Agent

Andrea Mayer

amayer2@weichert.com Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1984

Lot Details

  • 3,790

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 968 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

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

Additional Features

  • Doors swing in
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 160902532472

Community Details

Overview

  • Association fees include exterior building maintenance, management, snow removal, trash
  • Low-Rise Condominium
  • The Knolls At N Community
  • Knolls At North Lake Condominium Subdivision
  • Property Manager

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,385

Year Built

Built in 1984

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-22
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Exhaust Fan, Oven/Range - Electric, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminated
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 968
  • Living Area Sq Ft: 968
  • Price Per Sq Ft: 206.61
  • Above Grade Finished Sq Ft: 968
  • Above Grade Finished Area Units: Square Feet

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: Aluminum Siding, Brick
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 16.06
  • 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 Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 305.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Property Condition: Good
  • Zoning: PD9
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13968990
  • Tax Annual Amount: 1385.00
  • Assessor Parcel Number: 160902532472
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 24, 2021
Sold by
Seneca Potomac Three Llc
Bought by
Gayle Erica
Seller's Agent
Kevin Grolig
Compass
Buyer's Agent
Andrea Mayer
Weichert, REALTORS
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$270,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,033
Avg. Annual Appreciation
6.81%
Original Mortgage
$198,850
Outstanding Balance
$180,544
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,489

Purchase Details

Closed on
Sep 29, 2005
Sold by
Eskin Scott E
Bought by
Stewart Kelly
Source: Public Records

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
Gayle Erica $205,000 Classic Settlements Inc
Stewart Kelly $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gayle Erica $198,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $205,000 +2.5% $212 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $200,000 -- $207 / 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 $2,095 $190,000 -- --
2024 $2,095 $175,000 $0 $0
2023 $1,226 $160,000 $48,000 $112,000
2022 $998 $146,667 $0 $0
2021 $1,538 $133,333 $0 $0
2020 $1,388 $120,000 $36,000 $84,000
2019 $1,386 $120,000 $36,000 $84,000
2018 $1,388 $120,000 $36,000 $84,000
2017 $1,381 $125,000 $0 $0
2016 -- $115,000 $0 $0
2015 -- $105,000 $0 $0
2014 -- $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Grolig

    Seller's Agent in 2021

    Kevin Grolig

    Compass

    (240) 793-7495

    38 in this area

    174 Total Sales

    Kevin Grolig
    Section Image
  • LIDIA ARCHER

    Seller Co-Listing Agent in 2021

    LIDIA ARCHER

    Compass

    (301) 523-4948

    30 in this area

    106 Total Sales

    LIDIA ARCHER
    Section Image

  • A

    Buyer's Agent in 2021

    Andrea Mayer

    Weichert Corporate

    4 in this area

    7 Total Sales

    Andrea Mayer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2005372

Bright MLS

APN: 09-02532472

Maryland Montgomery County Germantown 20874

12301 Silvergate Way Unit 81, Germantown, MD

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