NOT LISTED FOR SALE

18040 Chalet Dr Unit 103 Germantown, MD 20874

Estimated Value: $279,631 - $297,000

2 Beds
2 Baths
1,094 Sq Ft
$245/mo HOA Fee

Last Sold June 26, 2023

Last sale price $303,000 $277 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,935/month

3 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Great Seneca Creek Elementary Rated A-
  • Traditional Architecture
  • Community Playground

About This Home

As of June 2023

This ground-level condo unit is designed to offer comfort and functionality, with two bedrooms and two bathrooms. As you enter, you're greeted by a spacious living area featuring a sliding door that leads to the private terrace. This allows for easy access to outdoor space and lets in plenty of natural light.
The kitchen is upgraded with Esspreso cabinets, granite countertops, and stainless steel appliances, creating a sleek and stylish look. A sunlit breakfast table is situated in the kitchen, providing a cozy spot to enjoy your morning meal while basking in the sunlight. The kitchen is well-equipped with all the necessary amenities for cooking and food preparation. Adjacent to the kitchen, there is a separate dining room area. This designated space allows for formal dining and entertaining, providing an elegant atmosphere for dinner parties or family gatherings.
Convenience is enhanced by including a washer and dryer within the unit! Don't miss out and schedule your tour today!

Last Agent to Sell the Property

Lily Vallario

(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760 Listed on: 05/26/2023

EXP Realty, LLC

Co-Listed By

Sophia Chedrauy

(301) 793-7627 sophia@soldbylily.com EXP Realty, LLC

Last Buyer's Agent

Jim Bass

(301) 695-0000 Jim@jbreg.com Real Estate Teams, LLC License #321146

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1989

Lot Details

  • 1,830

HOA Fees

  • $245 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,094 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Accessible Home Design

  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160602830341

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Farmingdale Condominium Inc Condos, Phone Number (301) 540-9057
  • Farmingdale Codm Community
  • Farmingdale Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,888

Year Built

Built in 1989

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-26
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Room List: Laundry
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1094
  • Living Area Sq Ft: 1094
  • Price Per Sq Ft: 251.37
  • Above Grade Finished Sq Ft: 1094
  • 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

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 245.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Farmingdale Condominium Inc
  • Condo Co-Op Phone: 301-540-9057
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Fitness Center, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Zoning: R042
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13921461
  • Tax Annual Amount: 1888.00
  • Assessor Parcel Number: 160602830341
  • 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
May 26, 2023
Closed on
Jun 26, 2023
Sold by
Montes Gabriel
Bought by
Rowe Miranda Chung
Seller's Agent
Lily Vallario
EXP Realty, LLC
Buyer's Agent
Jim Bass
Real Estate Teams, LLC
List Price
$275,000
Sold Price
$303,000
Premium/Discount to List
$28,000
10.18%
Views
107
Current Estimated Value
$288,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,842
Avg. Annual Appreciation
-2.09%
Original Mortgage
$255,290
Outstanding Balance
$247,950
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$40,208

Purchase Details

Closed on
Jan 13, 2021
Sold by
Perez Patricia M and Perez Carlos N
Bought by
Perez Patricia M

Purchase Details

Closed on
Jul 29, 2019
Sold by
Perez Patricia Montes
Bought by
Perez Patricia M and Perez Carlos Noel

Purchase Details

Listed on
Nov 27, 2016
Closed on
Jan 31, 2017
Sold by
Chiara Dolan
Bought by
Perez Patricia M
Seller's Agent
Colleen Barlow
Long & Foster Real Estate, Inc.
Buyer's Agent
Catalina Sandoval
RE/MAX Realty Centre, Inc.
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$166,920
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 5, 2016
Sold by
Melton Allen G and Melton Grey
Bought by
Dolan Chiara Sherry
Seller's Agent
Alecia Scott
Long & Foster Real Estate, Inc.
Buyer's Agent
Colleen Barlow
Long & Foster Real Estate, Inc.
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.27%
Original Mortgage
$100,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2011
Sold by
Harris Frank E
Bought by
Melton Grey

Purchase Details

Closed on
Aug 31, 1995
Sold by
Park Kyung W
Bought by
Harris Frank E
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
Rowe Miranda Chung $303,000 Vema Title
Rowe Miranda Chung $303,000 Vema Title
Perez Patricia M -- None Available
Perez Patricia M $170,000 None Available
Perez Patricia M $170,000 Title Town Settlement Llc
Dolan Chiara Sherry $126,000 Commonwealth Land Title Insu
Melton Grey $115,000 None Available
Harris Frank E $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Miranda Chung $255,290
Closed Rowe Miranda Chung $255,290
Previous Owner Perez Patricia M $166,920
Previous Owner Dolan Chiara Sherry $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $303,000 +10.2% $277 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $275,000 0.0% $251 / Sq Ft
05/25/2023 05/25/23 Price Changed $275,000 +61.8% $251 / Sq Ft
01/31/2017 01/31/17 Sold $170,000 -15.0% $155 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
11/27/2016 11/27/16 For Sale $199,900 +58.7% $183 / Sq Ft
08/05/2016 08/05/16 Sold $126,000 -3.0% $115 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $129,900 -- $119 / 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 $2,090 $180,000 $54,000 $126,000
2024 $2,090 $175,000 $0 $0
2023 $0 $170,000 $0 $0
2022 $1,196 $165,000 $49,500 $115,500
2021 $1,081 $155,000 $0 $0
2020 $968 $145,000 $0 $0
2019 $856 $135,000 $40,500 $94,500
2018 $842 $133,500 $0 $0
2017 $427 $132,000 $0 $0
2016 -- $130,500 $0 $0
2015 -- $130,333 $0 $0
2014 -- $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2094362

Bright MLS

APN: 06-02830341