NOT LISTED FOR SALE

18385 Timko Ln Germantown, MD 20874

Estimated Value: $264,390 - $277,000

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

Last Sold February 28, 2019

Last sale price $187,500 $142 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,810/month

16 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Programmable Thermostat
  • Great Seneca Creek Elementary Rated A-
  • Doors swing in
  • Forced Air Heating System

About This Home

As of February 2019

**Townhouse type condo***Lovely renovated condo in Germantown! Convenient access to shops and restaurants. Many upgrades including updated Kitchen, back splash, new paint throughout, new hardwood and new front door, storm door. Windows and sliding door were installed 2014.No additional condo fees, ground level one floor townhouse is ready for the taking! Video tour:

Last Agent to Sell the Property

Miguel Saba

(240) 775-0509 miguel@miguelsaba.com Compass Listed on: 01/12/2019

Compass

Last Buyer's Agent

Pedro Meneses

(240) 393-6756 pedro@monarchdmv.com Real Broker, LLC License #601233

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home
  • Property is in very good condition

HOA Fees

  • $157 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Water Heater

Additional Features

  • Doors swing in
  • ENERGY STAR Qualified Equipment

Listing and Financial Details

  • Assessor Parcel Number 160602106211

Community Details

Overview

  • Association fees include pool(s), lawn maintenance, reserve funds, snow removal
  • Heritage Gate Condo Inc HOA
  • Low-Rise Condominium
  • Heritage Gate Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,695

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: Unit/Flat
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 1/17/2019 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1981
  • Remarks Public: **Townhouse type condo***Lovely renovated condo in Germantown! Convenient access to shops and restaurants. Many upgrades including updated Kitchen, back splash, new paint throughout, new hardwood and new front door, storm door. Windows and sliding door were installed 2014.No additional condo fees, ground level one floor townhouse is ready for the taking! Video tour: https://player.vimeo.com/video/310897335
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 140.15
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18385

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: Aluminum Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 156.60
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Lawn Maintenance, Reserve Funds, Snow Removal
  • HOA Name: HERITAGE GATE CONDO INC
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GREAT SENECA CREEK
  • Middle School: ROBERTO W. CLEMENTE
  • High School: NORTHWEST
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GREAT SENECA CREEK
  • High School: NORTHWEST
  • Middle Or Junior School: ROBERTO W. CLEMENTE

Lot Info

  • Horses: No
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: 6
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 1695.00
  • Assessor Parcel Number: 160602106211
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 02/28/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Feb 28, 2019
Sold by
Kiesler Estefania
Bought by
Martinez Jesus S
Seller's Agent
Miguel Saba
Compass
Buyer's Agent
Pedro Meneses
Real Broker, LLC
List Price
$189,000
Sold Price
$187,500
Premium/Discount to List
-$1,500
-0.79%
Current Estimated Value
$272,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,598
Avg. Annual Appreciation
5.74%
Original Mortgage
$181,875
Outstanding Balance
$159,899
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$112,199

Purchase Details

Closed on
Dec 2, 2004
Sold by
Leonard Melissa J
Bought by
Levine Jeffrey C

Purchase Details

Closed on
May 19, 2004
Sold by
Leonard Melissa J
Bought by
Levine Jeffrey C

Purchase Details

Closed on
Dec 12, 2000
Sold by
Habib Nadim I
Bought by
Leonard Melissa J

Purchase Details

Closed on
Oct 22, 1993
Sold by
Hill B
Bought by
Habib Nadim I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Martinez Jesus S $187,500 Cla Title & Escrow
Levine Jeffrey C $169,970 --
Levine Jeffrey C $169,970 --
Leonard Melissa J $76,500 --
Habib Nadim I $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jesus S $181,875
Previous Owner Habib Nadim I $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $187,500 +1.4% $142 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $185,000 -2.1% $140 / Sq Ft
01/17/2019 01/17/19 For Sale $189,000 -- $143 / 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 $2,669 $210,000 $63,000 $147,000
2024 $2,669 $199,333 $0 $0
2023 $1,834 $188,667 $0 $0
2022 $1,561 $178,000 $53,400 $124,600
2021 $1,340 $162,000 $0 $0
2020 $2,317 $146,000 $0 $0
2019 $2,007 $130,000 $39,000 $91,000
2018 $1,616 $123,333 $0 $0
2017 $823 $116,667 $0 $0
2016 $1,214 $110,000 $0 $0
2015 $1,214 $110,000 $0 $0
2014 $1,214 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC485796

Bright MLS

APN: 06-02106211