NOT LISTED FOR SALE

18040 Chalet Dr Unit 203 Germantown, MD 20874

Estimated Value: $270,112 - $289,000

2 Beds
2 Baths
1,107 Sq Ft
1,830 Sq Ft Lot

Last Sold November 10, 2021

Last sale price $215,000 $194 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,658/month

Highlights

  • No HOA
  • Community Pool
  • Heat Pump System
  • Great Seneca Creek Elementary Rated A-
  • Central Air

About This Home

As of March 2024

Welcome home to this beautifully updated 2 bedroom 2 bathroom condo in the heart of Germantown. This spacious condo features a wood-burning fireplace, in unit washer and dryer, balcony and so much more. The kitchen features updated granite countertops, updated cabinets and a sunny breakfast nook. The primary bedroom includes an en-suite bathroom and large walk-in closet. There is plenty of storage space as well! Grocery stores, restaurants and more just a few blocks away. Don't wait to see this one!

Last Agent to Rent the Property

Ara Arabian

(301) 651-4323 arasellsdc@gmail.com Engel & Völkers Washington, DC License #663749 Listed on: 02/22/2024

Engel & Völkers Washington, DC

Last Renter's Agent

Barbara Kisukye-Kajubi

(302) 377-4771 barbara.kajubi@psre.com Patterson-Schwartz-Newark License #RSR006303

Patterson-Schwartz-Newark

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1989

Lot Details

  • 1,830

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,107 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Assigned parking located at #329
  • Parking Lot
  • 1 Assigned Parking Space
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 2/22/24
  • $40 Application Fee
  • Assessor Parcel Number 160602830385

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Farmingdale Codm Community
  • Farmingdale Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,358

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Date Available: 2024-02-22
  • Application Fee: 40.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-22
  • Federal Flood Zone: No
  • Year Built: 1989
  • Assigned Parking Space Numbers: 329
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1107
  • Living Area Sq Ft: 1107
  • Price Per Sq Ft: 1.81
  • Above Grade Finished Sq Ft: 1107
  • 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, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 160602830385

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 10, 2021
Sold by
Heger Steven M
Bought by
Mahjoub Michael
Seller's Agent
Stephanie Williams
KW Metro Center
Buyer's Agent
Ara Arabian
Engel & Völkers Washington, DC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$277,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,778
Avg. Annual Appreciation
6.60%
Original Mortgage
$172,000
Outstanding Balance
$157,608
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$120,170

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 8, 2014
Sold by
Marques May R and Rudnicki Anthony
Bought by
Heger Steven M
Seller's Agent
Ken Abramowitz
RE/MAX Town Center
Buyer's Agent
Andrea Campbell
Ready Real Estate, WMA, LLC
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$152,192
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2001
Sold by
Sinha Suryadeep N
Bought by
Rudnicki Dorothy J

Purchase Details

Closed on
Sep 29, 1995
Sold by
Hud Housing Urban Dev
Bought by
Sinha Suryadeep N

Purchase Details

Closed on
Sep 6, 1995
Sold by
Hartogensis Peter R
Bought by
Hud Housing Urban Dev
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
Mahjoub Michael $215,000 Pinnacle Title & Escrow Inc
Heger Steven M $155,000 First American Title Ins Co
Rudnicki Dorothy J $85,000 --
Sinha Suryadeep N $68,559 --
Hud Housing Urban Dev $99,820 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahjoub Michael $172,000
Previous Owner Heger Steven M $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Rented $2,000 0.0% --
02/22/2024 02/22/24 For Rent $2,000 +14.3% --
01/20/2022 01/20/22 Rented $1,750 0.0% --
12/20/2021 12/20/21 Under Contract -- -- --
12/02/2021 12/02/21 For Rent $1,750 0.0% --
11/10/2021 11/10/21 Sold $215,000 0.0% $194 / Sq Ft View Prior Sale
10/16/2021 10/16/21 For Sale $215,000 +38.7% $194 / Sq Ft
07/08/2014 07/08/14 Sold $155,000 0.0% $140 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $155,000 -- $140 / 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 $2,358 $205,000 $61,500 $143,500
2024 $2,358 $198,333 $0 $0
2023 $2,278 $191,667 $0 $0
2022 $2,108 $185,000 $55,500 $129,500
2021 $2,529 $171,667 $0 $0
2020 $1,115 $158,333 $0 $0
2019 $966 $145,000 $43,500 $101,500
2018 $969 $145,000 $43,500 $101,500
2017 $1,031 $145,000 $0 $0
2016 -- $145,000 $0 $0
2015 $745 $140,000 $0 $0
2014 $745 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ara Arabian

    Landlord's Agent in 2024

    Ara Arabian

    Engel & Völkers Washington, DC

    (301) 651-4323

    2 in this area

    45 Total Sales

    Ara Arabian
    Section Image
  • Erica Day

    Buyer's Agent in 2022

    Erica Day

    Real Living at Home

    (301) 820-0075

    54 Total Sales

    Erica Day
    Section Image
  • Stephanie Williams

    Seller's Agent in 2021

    Stephanie Williams

    KW Metro Center

    (703) 705-2425

    1 in this area

    221 Total Sales

    Stephanie Williams
    Section Image
  • Ken Abramowitz

    Seller's Agent in 2014

    Ken Abramowitz

    RE/MAX

    (301) 526-2380

    47 in this area

    433 Total Sales

    Ken Abramowitz
    Section Image

  • A

    Buyer's Agent in 2014

    Andrea Campbell

    Ready Real Estate, WMA, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2121098

Bright MLS

APN: 06-02830385

Maryland Montgomery County Germantown 20874

18040 Chalet Dr Unit 203, Germantown, MD

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