NOT LISTED FOR SALE

13207 Chalet Place Unit 5101 Germantown, MD 20874

Estimated Value: $269,000 - $287,000

2 Beds
2 Baths
1,049 Sq Ft
$225/mo HOA Fee

Last Sold October 30, 2020

Last sale price $185,000 $176 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,904/month

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Great Seneca Creek Elementary Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2020

Great investment opportunity to own a First Floor level unit at Farmingdale Condominiums. Master bedroom and Master bathroom, 2nd bedroom, 2nd full bathroom. Spacious Laundry room (dryer /washer included) in the unit. Reasonable low condo fee, enjoy a fire in your wood burning fireplace or relax on your private patio. Living room, 2nd living room, spacious breakfast area, Enjoy Many amenities, outside pool, tennis court, club house, easy access to transportation. Recreation area, fitness center and Party room. Very convenient location near Marc station, major routes, parks, retail, & restaurants. Buyer must Honer Current lease until July 1, 2021. Please park on space number 515 or visitor parking, Mailbox 101. BUYER MUST HONOR LEASE AGREEMENT until July 1, 2021.*Please wear masks and use shoe coverings while visiting this property* & Remove shoes

Last Agent to Sell the Property

Kassandra Cardozo

(240) 426-4236 kassandracardozo@gmail.com Spring Hill Real Estate, LLC. License #0225204027 Listed on: 09/08/2020

Spring Hill Real Estate, LLC.

Last Buyer's Agent

VENUGOPAL RAVVA

(571) 294-7339 ravva.realty@gmail.com Maram Realty, LLC License #0225256384

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1989

Lot Details

  • 1,525

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,049 Sq Ft Home
  • Property has 4 Levels
  • Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

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

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160602839443

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee, pool(s), recreation facility, reserve funds, snow removal
  • Low-Rise Condominium
  • Farmingdale Codm Community
  • Farmingdale Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,657

Year Built

Built in 1989

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-11
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 1049
  • Living Area Sq Ft: 1049
  • Price Per Sq Ft: 185.89
  • Above Grade Finished Sq Ft: 1049
  • 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: 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
  • 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: Electric
  • Heating Type: Central
  • 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: 225.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13921591
  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 160602839443
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 30, 2020
Sold by
Bholi Investments Llc
Bought by
Ka Property Holdings Llc
Seller's Agent
Kassandra Cardozo
Spring Hill Real Estate, LLC.
Buyer's Agent
VENUGOPAL RAVVA
Maram Realty, LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$278,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,098
Avg. Annual Appreciation
8.51%
Original Mortgage
$138,750
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2012
Sold by
Harris Betty W
Bought by
Bholi Investments Llc

Purchase Details

Closed on
Jul 24, 2002
Sold by
Shirani Shapour
Bought by
Harris Betty W

Purchase Details

Closed on
Mar 26, 2001
Sold by
Secretary Of Housing & Urban
Bought by
Shirani Shapour

Purchase Details

Closed on
Dec 28, 1998
Sold by
Abebe Daniel A
Bought by
Sec Of Housing & Urban Dev
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
Ka Property Holdings Llc $185,000 None Available
Bholi Investments Llc $120,000 None Available
Harris Betty W $101,000 --
Shirani Shapour $72,000 --
Sec Of Housing & Urban Dev $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ka Property Holdings Llc $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $185,000 -5.1% $176 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $195,000 -- $186 / 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 $2,685 $250,000 $75,000 $175,000
2024 $2,685 $226,667 $0 $0
2023 $0 $203,333 $0 $0
2022 $2,053 $180,000 $54,000 $126,000
2021 $1,920 $168,333 $0 $0
2020 $1,789 $156,667 $0 $0
2019 $1,658 $145,000 $43,500 $101,500
2018 $1,602 $145,000 $43,500 $101,500
2017 $1,723 $145,000 $0 $0
2016 $1,432 $145,000 $0 $0
2015 $1,432 $140,000 $0 $0
2014 $1,432 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kassandra Cardozo

    Seller's Agent in 2020

    Kassandra Cardozo

    Spring Hill Real Estate, LLC.

    (240) 426-4236

    3 in this area

    61 Total Sales

    Kassandra Cardozo
    Section Image
  • VENUGOPAL RAVVA

    Buyer's Agent in 2020

    VENUGOPAL RAVVA

    Maram Realty, LLC

    (571) 294-7339

    311 Total Sales

    VENUGOPAL RAVVA
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC724012

Bright MLS

APN: 06-02839443

Maryland Montgomery County Germantown 20874

13207 Chalet Place Unit 5101, Germantown, MD

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