12309 Silvergate Way Unit 908D Germantown, MD 20874
Estimated payment $1,758/month
Highlights
- Colonial Architecture
- Community Pool
- Forced Air Heating and Cooling System
- Roberto W. Clemente Middle Rated A-
- No Interior Steps
- 5-minute walk to Gunner's Lake Trailhead
About This Home
An incredible opportunity at an unbeatable price. This first-floor 2-bedroom, 2-full-bath condo represents one of the best values currently available in Germantown—widely known as one of the most cost-efficient areas in Montgomery County.The condo has been well maintained, offering a true move-in-ready experience. The functional layout provides comfortable living space, two full bathrooms (a rare bonus at this price point), and the convenience of first-floor access. What truly sets this home apart is the value proposition. Whether you’re a first-time homebuyer looking to step into homeownership without overextending, or an investor seeking a strong rental opportunity, this condo checks all the boxes. Based on current market conditions, it presents the potential for immediate enjoyment or income-producing ownership. The location further elevates the appeal. The condo is surrounded by parks and walking trails, with Gunner’s Lake directly across the street—perfect for morning walks or unwinding after a long day. Multiple shopping centers and everyday conveniences, including Walmart, are just minutes away. This is a rare chance to secure exceptional value in a desirable Germantown location. Opportunities like this don’t come around often.
Listing Agent
(301) 908-4033 mitch.mogul@gmail.com RLAH @properties License #SP200203640 Listed on: 01/05/2026
Open House Schedule
-
Saturday, January 10, 202611:00 am to 1:00 pm1/10/2026 11:00:00 AM +00:001/10/2026 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,264
Year Built
- Built in 1984
HOA Fees
- $315 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Colonial Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 858 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- No Interior Steps
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160902573266
Community Details
Overview
- Low-Rise Condominium
- Knolls At North Lake Condominium Subdivision
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,056 | $188,333 | -- | -- |
| 2024 | $2,056 | $171,667 | $0 | $0 |
| 2023 | $2,552 | $155,000 | $46,500 | $108,500 |
| 2022 | $961 | $143,333 | $0 | $0 |
| 2021 | $1,656 | $131,667 | $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 | $1,324 | $120,000 | $0 | $0 |
| 2016 | $1,123 | $110,000 | $0 | $0 |
| 2015 | $1,123 | $100,000 | $0 | $0 |
| 2014 | $1,123 | $90,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $240,000 | +45.5% | $280 / Sq Ft | |
| 08/28/2020 08/28/20 | Sold | $165,000 | 0.0% | $192 / Sq Ft | View Prior Sale |
| 07/18/2020 07/18/20 | Pending | -- | -- | -- | |
| 07/15/2020 07/15/20 | For Sale | $165,000 | -- | $192 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $165,000 | Classic Settlements Inc | |
| Deed | $105,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $81,500 | -- | |
| Deed | $72,000 | -- | |
| Deed | $75,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,800 | New Conventional | |
| Previous Owner | $73,125 | No Value Available |
Source: Bright MLS
MLS Number: MDMC2212170
APN: 09-02573266
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