NOT LISTED FOR SALE

12309 Silvergate Way Unit 908J Germantown, MD 20874

Estimated Value: $263,000 - $320,000

2 Beds
2 Baths
888 Sq Ft
$317/mo HOA Fee

Last Sold September 08, 2023

Last sale price $248,500 $280 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,986/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Upgraded Countertops
  • Roberto W. Clemente Middle Rated A-
  • Wood Flooring
  • 5-minute walk to Gunner's Lake Trailhead

About This Home

As of September 2023

Top floor unit on dead end street, vaulted ceiling in living/dining room, new windows, wood burning fireplace, hard wood floor in living area. Unit faces south for good light, separate laundry room in unit, new granite counters and new vanities and some new light fixtures. Walk in closet in master bedroom, pantry in kitchen, breakfast bar, quick settlement possible and plenty of parking, one assigned space(#102).

MULTIPLE OFFERS DEADLINE 6PM MONDAY 8/7. WILL HAVE DECISION MONDAY NIGHT OR TUESDAY MORNING DEPENDENT ON LENDERS ANSWERING PHONE CALLS.

Last Agent to Sell the Property

James Nicholson

(443) 822-3513 farmerschoicenonprofit@aol.com Keller Williams Realty Centre License #670998 Listed on: 08/04/2023

Keller Williams Realty Centre

Last Buyer's Agent

Shawn Cathey

(240) 295-6000 optimumservices@hotmail.com RE/MAX Advantage Realty License #0225056710

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1984

Lot Details

  • 3,528

HOA Fees

  • $317 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902573313

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Knolls At North Lake Condos
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,874

Year Built

Built in 1984

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-06
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Upgraded Countertops, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 888
  • Living Area Sq Ft: 888
  • Price Per Sq Ft: 279.84
  • Above Grade Finished Sq Ft: 888
  • 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: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 317.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Knolls at North Lake
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: S. CHRISTA MCAULIFFE
  • High School: SENECA VALLEY
  • Middle Or Junior School: ROBERTO W. CLEMENTE

Lot Info

  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1874.00
  • Assessor Parcel Number: 160902573313
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 8, 2023
Sold by
Kim Yulhea
Bought by
Buford Nicole A
Seller's Agent
James Nicholson
Keller Williams Realty Centre
Buyer's Agent
Shawn Cathey
RE/MAX Advantage Realty
List Price
$225,000
Sold Price
$248,500
Premium/Discount to List
$23,500
10.44%
Views
142
Current Estimated Value
$280,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,266
Avg. Annual Appreciation
5.87%
Original Mortgage
$22,751
Outstanding Balance
$22,263
Interest Rate
6.9%
Estimated Equity
$258,503

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 28, 2020
Sold by
Wineman Vii Phil L
Bought by
Kim Yulhea
Seller's Agent
Russ Gelston
RE/MAX Realty Group
Buyer's Agent
Yianni KONSTANTOPOULOS
TTR Sotheby's International Realty
List Price
$195,000
Sold Price
$189,950
Premium/Discount to List
-$5,050
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$180,453
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2002
Sold by
Garthune Laurie
Bought by
Wineman Phil L 7Th Et Al

Purchase Details

Closed on
Dec 23, 1994
Sold by
Sherlin Susan M
Bought by
Garthune Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.19%
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
Buford Nicole A $248,500 Masters Title
Buford Nicole A $248,500 Masters Title
Kim Yulhea $189,950 Classic Settlements Inc
Wineman Phil L 7Th Et Al $88,500 --
Garthune Laurie $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buford Nicole A $22,751
Closed Buford Nicole A $22,751
Open Buford Nicole A $239,468
Closed Buford Nicole A $239,468
Previous Owner Kim Yulhea $180,453
Previous Owner Garthune Laurie $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $248,500 0.0% $280 / Sq Ft
08/07/2023 08/07/23 Price Changed $248,500 +10.4% $280 / Sq Ft
08/04/2023 08/04/23 For Sale $225,000 +18.5% $253 / Sq Ft
09/30/2020 09/30/20 Sold $189,950 0.0% $214 / Sq Ft View Prior Sale
09/13/2020 09/13/20 Pending -- -- --
09/13/2020 09/13/20 Price Changed $189,950 -2.6% $214 / Sq Ft
08/28/2020 08/28/20 For Sale $195,000 0.0% $220 / Sq Ft
06/20/2018 06/20/18 Rented $1,450 0.0% --
06/20/2018 06/20/18 Under Contract -- -- --
05/20/2018 05/20/18 For Rent $1,450 -- --
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 $2,402 $218,333 -- --
2024 $2,402 $201,667 $0 $0
2023 $2,898 $185,000 $55,500 $129,500
2022 $1,182 $163,333 $0 $0
2021 $938 $141,667 $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 $1,869 $110,000 $0 $0
2015 $1,869 $100,000 $0 $0
2014 $1,869 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2102250

Bright MLS

APN: 09-02573313