NOT LISTED FOR SALE

12305 Silvergate Way Unit 907G Germantown, MD 20874

Estimated Value: $243,000 - $282,000

2 Beds
1 Bath
968 Sq Ft
$265/mo HOA Fee

Last Sold September 16, 2019

Last sale price $170,000 $176 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,886/month

10 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Roberto W. Clemente Middle Rated A-
  • Community Lake
  • Upgraded Countertops

About This Home

As of September 2019

Lovely 2-bed 1-bath condo in peaceful Northlake. Enter to gleaming hardwood floors throughout. Bright and airy thanks to large windows and open living spaces. Gourmet kitchen boasts ample cabinet space, breakfast bar, sparkling granite, tile backsplash, and all stainless-steel appliances. Huge master bedroom features dual closet space. Relax on private balcony with lush, tree-lined view. One assigned parking space (#87) plus never-ending guest parking. Water heater, dishwasher, microwave, and refrigerator all-new in 2014. Condo fee includes water. Take advantage of the bus stop at the entrance to the complex, community tot lot, and walking paths to neighboring Gunners Lake. Convenient to Germantown Town Center, parks, movies, retail, restaurants, I-270, and more!

Last Agent to Sell the Property

Sheena Saydam

Keller Williams Capital Properties License #638126 Listed on: 07/18/2019

Keller Williams Capital Properties

Co-Listed By

Han Saydam

Keller Williams Capital Properties

Last Buyer's Agent

Matthew Wyble

Next Step Realty

Next Step Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1984

Lot Details

  • 3,790

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 968 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space
  • Unassigned Parking

Schools

  • S. Christa Mcauliffe Elementary School
  • Roberto W. Clemente Middle School
  • Seneca Valley High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160902556216

Community Details

Overview

  • Association fees include water, sewer, snow removal, trash, common area maintenance, exterior building maintenance, lawn maintenance
  • Low-Rise Condominium
  • The Knolls Condos
  • The Knolls At N Community
  • Knolls At North Lake Condominium Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,385

Year Built

Built in 1984

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 7/18/2019 12:00:00 AM
  • Year Built: 1984
  • Remarks Public: Lovely 2-bed 1-bath condo in peaceful Northlake. Enter to gleaming hardwood floors throughout. Bright and airy thanks to large windows and open living spaces. Gourmet kitchen boasts ample cabinet space, breakfast bar, sparkling granite, tile backsplash, and all stainless-steel appliances. Huge master bedroom features dual closet space. Relax on private balcony with lush, tree-lined view. One assigned parking space (#87) plus never-ending guest parking. Water heater, dishwasher, microwave, and refrigerator all-new in 2014. Condo fee includes water. Take advantage of the bus stop at the entrance to the complex, community tot lot, and walking paths to neighboring Gunners Lake. Convenient to Germantown Town Center, parks, movies, retail, restaurants, I-270, and more!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Kitchen - Gourmet, Family Room Off Kitchen, Floor Plan - Open, Upgraded Countertops, Wood Floors, Dining Area, Carpet
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 968
  • Living Area Sq Ft: 968
  • Price Per Sq Ft: 175.62
  • Above Grade Finished Sq Ft: 968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12305

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 265.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE KNOLLS
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Lake, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Snow Removal, Trash, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: S. CHRISTA MCAULIFFE
  • Middle School: ROBERTO W. CLEMENTE
  • High School: SENECA VALLEY
  • 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: S. CHRISTA MCAULIFFE
  • High School: SENECA VALLEY
  • Middle Or Junior School: ROBERTO W. CLEMENTE

Lot Info

  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: PD9
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 1385.00
  • Assessor Parcel Number: 160902556216
  • Tax Total Finished Sq Ft: 968
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/16/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 16, 2019
Sold by
Wheeler Edward L and Wheeler Jennifer M
Bought by
Jackson Teresa
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Matthew Wyble
Next Step Realty
List Price
$169,999
Sold Price
$170,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$265,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,284
Avg. Annual Appreciation
7.68%
Original Mortgage
$164,900
Outstanding Balance
$145,096
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$118,532

Purchase Details

Listed on
Feb 16, 2014
Closed on
Aug 5, 2014
Sold by
Fannie Mae
Bought by
Wheeler Edward L and Wheeler Jennifer M
Seller's Agent
Jennifer Marshall
Weichert, REALTORS
Buyer's Agent
Maximo Labasbas
Long & Foster Real Estate, Inc.
List Price
$140,000
Sold Price
$131,500
Premium/Discount to List
-$8,500
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$124,925
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2013
Sold by
Cho Yoon Min
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 14, 2007
Sold by
Canas Ana G
Bought by
Cho Yoon Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2007
Sold by
Canas Ana G
Bought by
Cho Yoon Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Jackson Teresa $170,000 Eagle Title Llc
Wheeler Edward L $135,445 Rgs Title Llc
Federal National Mortgage Association $197,000 None Available
Cho Yoon Min $218,000 --
Cho Yoon Min $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Teresa $164,900
Closed Jackson Teresa $4,947
Previous Owner Wheeler Edward L $124,925
Previous Owner Cho Yoon Min $47,000
Previous Owner Cho Yoon Min $152,600
Previous Owner Cho Yoon Min $152,600
Previous Owner Canas Ana G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $170,000 0.0% $176 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $169,999 +29.3% $176 / Sq Ft
08/29/2014 08/29/14 Sold $131,500 +1.2% $122 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/30/2014 06/30/14 Price Changed $130,000 -7.1% $120 / Sq Ft
06/25/2014 06/25/14 For Sale $140,000 +6.5% $130 / Sq Ft
06/21/2014 06/21/14 Off Market $131,500 -- --
05/30/2014 05/30/14 Price Changed $140,000 -6.6% $130 / Sq Ft
05/21/2014 05/21/14 For Sale $149,900 +14.0% $139 / Sq Ft
05/21/2014 05/21/14 Off Market $131,500 -- --
04/24/2014 04/24/14 Price Changed $149,900 -9.1% $139 / Sq Ft
03/23/2014 03/23/14 Price Changed $164,900 -5.7% $153 / Sq Ft
02/16/2014 02/16/14 For Sale $174,900 -- $162 / 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 $1,223 $160,000 $48,000 $112,000
2022 $982 $146,667 $0 $0
2021 $831 $133,333 $0 $0
2020 $696 $120,000 $36,000 $84,000
2019 $694 $120,000 $36,000 $84,000
2018 $696 $120,000 $36,000 $84,000
2017 $689 $125,000 $0 $0
2016 -- $115,000 $0 $0
2015 $1,923 $105,000 $0 $0
2014 $1,923 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC670550

Bright MLS

APN: 09-02556216