NOT LISTED FOR SALE

18389 Timko Ln Germantown, MD 20874

Estimated Value: $279,000 - $363,000

2 Beds
2.5 Baths
1,600 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $190,000 $119 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,257/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Bay Window
  • Great Seneca Creek Elementary Rated A-
  • Eat-In Kitchen
  • Community Playground

About This Home

As of July 2016

GREAT 2BR/2.5BA town house condo located close to 270 and ICC! Large Family Room with Dining Space, Kitchen w/Tile Floor, Eat-In space and slider to deck space. Two HUGE Bedrooms and Two Full Baths upstairs. Convenient back door access to rear of house with storage space. Open Common Grass Area in front of home. New Roof & Siding (part of Condo Fee maintenance) Priced to sell!!!

Last Agent to Sell the Property

Peggy Lyn Speicher

(808) 495-3525 peggylyn@speichergroup.com Real Broker, LLC - Gaithersburg License #324114 Listed on: 06/11/2016

Real Broker, LLC - Gaithersburg

Co-Listed By

Todd Werling

(410) 206-9141 todd@speichergroup.com Real Broker, LLC - Gaithersburg License #657920

Last Buyer's Agent

Lindsay Chapman

(240) 644-4052 linzy10@gmail.com Keller Williams Capital Properties

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1981

Lot Details

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

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Bay Window
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160602106290

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, insurance, parking fee, snow removal, trash
  • Heritage Gate Community
  • Heritage Gate Subdivision
  • The community has rules related to covenants

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,172

Year Built

Built in 1981

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1981
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 121.88
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Condo Co-Op Fee: 218.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Parking Fee, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13855812
  • Tax Annual Amount: 2171.57
  • Assessor Parcel Number: 160602106290
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jul 29, 2016
Sold by
Ianniello Brian J
Bought by
Olaniyan Abimbola O
Seller's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
Buyer's Agent
Lindsay Chapman
Keller Williams Capital Properties
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$328,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,841
Avg. Annual Appreciation
6.11%
Original Mortgage
$186,558
Outstanding Balance
$148,852
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$179,989

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jun 10, 2016
Sold by
Iannielo Joseph Paul and Ianniello Marcella A
Bought by
Ianniello Brian J
Seller's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
Buyer's Agent
Lindsay Chapman
Keller Williams Capital Properties
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Outstanding Balance
$148,852
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$179,989

Purchase Details

Closed on
May 1, 2009
Sold by
Ianniello Brian J
Bought by
Ianniello Brian J

Purchase Details

Closed on
Apr 12, 2002
Sold by
Ianniello Brian J
Bought by
Ianniello Brian J
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
Olaniyan Abimbola O $190,000 First American Title Ins Co
Ianniello Brian J -- Attorney
Ianniello Brian J -- --
Ianniello Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olaniyan Abimbola O $186,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $190,000 -2.6% $119 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $195,000 0.0% $122 / Sq Ft
06/14/2012 06/14/12 Rented $1,395 0.0% --
06/14/2012 06/14/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $1,395 -- --
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 $3,694 $305,000 $91,500 $213,500
2024 $3,694 $288,333 $0 $0
2023 $4,174 $271,667 $0 $0
2022 $2,055 $255,000 $76,500 $178,500
2021 $2,142 $230,000 $0 $0
2020 $3,685 $205,000 $0 $0
2019 $4,494 $180,000 $54,000 $126,000
2018 $2,242 $180,000 $54,000 $126,000
2017 $2,320 $180,000 $0 $0
2016 $2,227 $180,000 $0 $0
2015 $2,227 $173,333 $0 $0
2014 $2,227 $166,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002437303

Bright MLS

APN: 06-02106290