NOT LISTED FOR SALE

20059 Placid Lake Terrace Germantown, MD 20874

Estimated Value: $488,000 - $506,000

3 Beds
4 Baths
1,840 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $472,500 $257 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,167/month

6 Days on Market

Highlights

  • Water Oriented
  • Lake View
  • Community Lake
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of February 2024

Nature abounds around this beautifully updated 3 Bedroom, 2 full & 2 half Bath townhouse backing to woods and Little Seneca Creek in a prime location at the Waters Landing community of Germantown. It has all been done for you and the home is in move-in condition: new neutral paint palette throughout, hardwood flooring on the main and upper level. The main level featurs an entrance foyer, remodeled kitchen with light wood cabinets, granite countertops, stainless steel appliances, wood flooring, and a large bay window. The bright and sunny living room/dining room combination offers wood flooring, two windows, a newer sliding glass door to a large deck and overlooks parkland and the creek. On the upper level you find the primary bedroom with wood flooring, two large closets and an updated en-suite bathroom with a tub and separate shower. Two additonal bedrooms with wood flooring and spacious closets, an updated hall bath with tub, and a linen closet provide ample living space. The walk-out lower level offers a large recreation room with vinyl plank flooring, a wood burning fireplace, a full size window and a newer sliding glass door to the patio. A half bath plus a generously sized laundry room with ample storage space, a utility room with the furnace and water heater complete this level. The roof, gutters with gutter covers, windows, sliding glass doors approx. eight years old; new AC unit in 2016. The Waters Landing community offers an abundance of amenities, among them playgrounds, outdoor pools, several miles of trails and bike paths, tennis courts, a community center & much more. The home is within easy access to I-270 an other commuter routes, shopping, dining and recreational facilities, including Black Hill Regional Park; MARC train service is approximately one mile away.

Last Agent to Sell the Property

Brigitta Bastek

Weichert, REALTORS License #508257 Listed on: 01/18/2024

Weichert, REALTORS

Last Buyer's Agent

Bob Myers

RE/MAX Realty Services

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,567

Year Built

  • Built in 1989

Lot Details

  • 1,588 Sq Ft Lot
  • Creek or Stream
  • Backs to Trees or Woods

HOA Fees

  • $112 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Front Loading Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Parking

  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Water Oriented
  • Deck
  • Patio

Location

  • Property is near a park

Schools

  • Lake Seneca Elementary School
  • Martin Luther King Jr. Middle School
  • Seneca Valley High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 160202756633

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, trash
  • Waters Landing HOA
  • Churchill Town Sector Subdivision
  • Community Lake
  • Property is near a preserve or public land

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,567

Year Built

Built in 1989

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-01-19
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Dryer - Electric, Dryer - Front Loading, Water Heater, Microwave
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Combination Dining/Living, Kitchen - Table Space, Wood Floors
  • Window Features: Double Hung, Double Pane, Replacement
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Heated, Walkout Level, Windows, Rear Entrance, Outside Entrance
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 1840
  • Price Per Sq Ft: 319.44
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 320
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20059

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Combination
  • Road Surface Type: Paved
  • Roof: Architectural Shingle, Composite
  • View: Lake, Trees/Woods
  • Water Access: No
  • Water Body Name: Little Seneca Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Limited Common Elements, Unassigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 112.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Jog/Walk Path, Lake, Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Trash
  • HOA Name: WATERS LANDING
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LAKE SENECA
  • Middle School: MARTIN LUTHER KING JR.
  • High School: SENECA VALLEY
  • 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: LAKE SENECA
  • High School: SENECA VALLEY
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Features: Adjoins - Public Land, Backs To Trees, Backs - Parkland
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1588.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Year Assessed: 2023
  • Zoning: TS
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4567.00
  • Assessor Parcel Number: 160202756633
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 1840
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/16/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 16, 2024
Sold by
Miller Matthew A and Miller Hannah R
Bought by
Snyder Steven
Seller's Agent
Brigitta Bastek
Weichert, REALTORS
Buyer's Agent
Bob Myers
RE/MAX Realty Services
List Price
$460,000
Sold Price
$472,500
Premium/Discount to List
$12,500
2.72%
Views
56
Current Estimated Value
$500,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,037
Avg. Annual Appreciation
2.69%
Original Mortgage
$437,000
Outstanding Balance
$431,813
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$59,482

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jul 21, 2016
Sold by
Manogaran Yuvaraj
Bought by
Miller Matthew A and Valentich Hannah R
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Lynn Holland
RE/MAX Realty Centre, Inc.
List Price
$350,000
Sold Price
$332,000
Premium/Discount to List
-$18,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$337,810
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Owens Mark F and Owens Nicole M
Bought by
Manogaran Yuvaraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2005
Sold by
Owens Mark F
Bought by
Owens Mark F and Owens Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Owens Mark F
Bought by
Owens Mark F and Owens Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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
Snyder Steven $472,500 The Security Title Guarantee C
Miller Matthew A $332,000 First American Title Ins Co
Manogaran Yuvaraj $320,000 --
Owens Mark F $52,500 --
Owens Mark F $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Steven $437,000
Previous Owner Miller Matthew A $337,810
Previous Owner Manogaran Yuvaraj $256,000
Previous Owner Manogaran Yuvaraj $46,119
Previous Owner Manogaran Yuvaraj $210,000
Previous Owner Manogaran Yuvaraj $288,000
Previous Owner Owens Mark F $170,000
Previous Owner Owens Mark F $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $472,500 +2.7% $257 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $460,000 +38.6% $250 / Sq Ft
07/21/2016 07/21/16 Sold $332,000 +2.2% $180 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/28/2016 04/28/16 Price Changed $325,000 -1.5% $177 / Sq Ft
04/22/2016 04/22/16 Price Changed $330,000 -2.9% $179 / Sq Ft
04/08/2016 04/08/16 Price Changed $340,000 -2.3% $185 / Sq Ft
03/24/2016 03/24/16 Price Changed $348,000 +0.9% $189 / Sq Ft
03/24/2016 03/24/16 Price Changed $345,000 -1.4% $188 / Sq Ft
03/10/2016 03/10/16 For Sale $350,000 -- $190 / 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 $4,789 $408,567 -- --
2024 $4,789 $385,100 $140,000 $245,100
2023 $3,875 $367,333 $0 $0
2022 $3,493 $349,567 $0 $0
2021 $3,064 $331,800 $125,000 $206,800
2020 $3,064 $317,033 $0 $0
2019 $2,889 $302,267 $0 $0
2018 $2,724 $287,500 $120,000 $167,500
2017 $2,759 $285,533 $0 $0
2016 $3,052 $283,567 $0 $0
2015 $3,052 $281,600 $0 $0
2014 $3,052 $281,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2116962

Bright MLS

APN: 02-02756633