NOT LISTED FOR SALE

18365 Timko Ln Germantown, MD 20874

Estimated Value: $250,635 - $297,000

2 Beds
1 Bath
1,320 Sq Ft
$157/mo HOA Fee

Last Sold April 30, 2019

Last sale price $210,000 $159 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,822/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Cedar Closet
  • Great Seneca Creek Elementary Rated A-
  • Upgraded Countertops
  • Crown Molding

About This Home

As of April 2019

Renovated 1320SFT one main level 2BR, 1BA condoin quiet neighborhood. Entire condo has gleaming laminated floors. Huge Living Room w/fire place, patio door leading to fenced backyard. Renovated Kitchen w/new cabinets, granite counter top, upgraded appliances. Two large size MBR with ample closet space. Renovated Bath w/granite floor & wall tiles. 4 year old HVAC system. Stack washer/dryer. Assigned parking, end unit with bright sun light. Fresh paint. Shows well. Close to several major routes and 270. Priced to sell.

Last Agent to Sell the Property

Subba Reddy

(202) 510-8740 realtor.reddy@yahoo.com Fairfax Realty Premier Listed on: 02/17/2019

Fairfax Realty Premier

Last Buyer's Agent

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1981

Lot Details

  • Property is in very good condition

HOA Fees

  • $157 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Wood Burning Fireplace
  • Casement Windows
  • Window Screens
  • Six Panel Doors
  • Combination Kitchen and Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Private Parking
  • Free Parking
  • Lighted Parking
  • Parking Lot
  • Assigned Parking
  • Fenced Parking

Schools

  • Great Seneca Creek Elementary School
  • Roberto W. Clemente Middle School
  • Northwest High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 120/240V
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Summit Managment Services Inc. Condos, Phone Number (301) 244-4700
  • Heritage Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160602106313

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,616

Year Built

Built in 1981

Lot Details

0

HOA Fees

$157 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1981
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Cedar Closet(s), Combination Kitchen/Dining, Crown Moldings, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Wainscotting, Wood Floors
  • Window Features: Casement, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 155.30
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Access - On Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Fenced, Free, Lighted Parking, Private
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 157.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Managment Services Inc.
  • Condo Co-Op Phone: 3012444700
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GREAT SENECA CREEK
  • High School: NORTHWEST
  • Middle Or Junior School: ROBERTO W. CLEMENTE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13855814
  • Tax Annual Amount: 1616.00
  • Assessor Parcel Number: 160602106313
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2019
Closed on
Apr 30, 2019
Sold by
Reddy Ramani
Bought by
Hernandez Reyes Gloris Daniel
Seller's Agent
Subba Reddy
Fairfax Realty Premier
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Current Estimated Value
$275,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,159
Avg. Annual Appreciation
4.25%
Original Mortgage
$206,196
Outstanding Balance
$180,920
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$94,239

Purchase Details

Listed on
Sep 19, 2013
Closed on
Apr 21, 2014
Sold by
Mataac Arturo and Mataac Edna B
Bought by
Reddy Ramani
Seller's Agent
Filly Kotsatos
Long & Foster Real Estate, Inc.
Buyer's Agent
Kenneth Hutchinson
Integrity Real Estate
List Price
$79,000
Sold Price
$105,000
Premium/Discount to List
$26,000
32.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$71,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Guetat Paul
Bought by
Mataac Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Guetat Paul
Bought by
Mataac Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Espejo Cristina M
Bought by
Guetat Paul

Purchase Details

Closed on
Oct 25, 1996
Sold by
Sec Of Housing & Urban Dev
Bought by
Espejo Cristina M

Purchase Details

Closed on
Jun 18, 1996
Sold by
Haley Karen L and Haley P M
Bought by
Sec Of 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
Hernandez Reyes Gloris Daniel $210,000 Integra Title & Escrow Inc
Reddy Ramani $105,000 Fatico
Mataac Arturo $221,500 --
Mataac Arturo $221,500 --
Guetat Paul $142,000 --
Guetat Paul $142,000 --
Espejo Cristina M $67,500 --
Sec Of Housing & Urban Dev $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Reyes Gloris Daniel $206,196
Previous Owner Reddy Ramani $71,250
Previous Owner Mataac Arturo $221,500
Previous Owner Mataac Arturo $221,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2019 04/30/19 Sold $210,000 0.0% $159 / Sq Ft
03/25/2019 03/25/19 Off Market $210,000 -- --
02/17/2019 02/17/19 For Sale $205,000 +95.2% $155 / Sq Ft
04/22/2014 04/22/14 Sold $105,000 +32.9% $80 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $79,000 -- $60 / 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 $2,620 $195,000 $58,500 $136,500
2024 $2,620 $195,000 $58,500 $136,500
2023 $3,291 $195,000 $58,500 $136,500
2022 $1,914 $205,000 $61,500 $143,500
2021 $2,282 $180,000 $0 $0
2020 $2,582 $155,000 $0 $0
2019 $1,695 $130,000 $39,000 $91,000
2018 $1,616 $123,333 $0 $0
2017 $1,515 $116,667 $0 $0
2016 $1,906 $110,000 $0 $0
2015 $1,906 $110,000 $0 $0
2014 $1,906 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC531970

Bright MLS

APN: 06-02106313