NOT LISTED FOR SALE

20212 Shipley Terrace Unit 101 Germantown, MD 20874

Estimated Value: $221,211 - $241,000

2 Beds
1 Bath
855 Sq Ft
$278/mo HOA Fee

Last Sold October 25, 2016

Last sale price $110,000 $129 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,698/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Pool
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2016

Ground LVL Condo w/2 Entrances (Handicap access thru rear) & Ample open parking! Filled w/natural light, large open FR, Kitchen w/plenty of counter & cabinet space, sep. dining area. Large MSTR BR w/dual entry BA.Patio off FR. A little freshening up & MOVE RIGHT IN! Close to Lake/trails 270 & all shopping needs! FHA approved! Condo Fee includes WATER & SEWER! AS IS, Short Sale prof. negotiated.

Last Agent to Sell the Property

Katie Nicholson

(301) 370-5022 katienicholson@comcast.net Berkshire Hathaway HomeServices PenFed Realty License #586374 Listed on: 03/11/2016

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Heather Nahr

(240) 620-3674 heathernahrrealestate@gmail.com RE/MAX Plus License #RSR005172

Last Buyer's Agent

Katie Nicholson

(301) 370-5022 katienicholson@comcast.net Berkshire Hathaway HomeServices PenFed Realty License #586374 Listed on: 03/11/2016

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 855 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • French Doors
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160202348847

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, trash, water
  • 6 Units
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,569

Year Built

Built in 1983

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Table Space, Kitchen - Eat-In, Recessed Lighting, Floor Plan - Open
  • Fireplace: No
  • Door Features: French
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 855
  • Living Area Sq Ft: 855
  • Price Per Sq Ft: 140.35
  • Above Grade Finished Sq Ft: 855
  • 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
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Garage Features: Garage - Front Entry, Garage - Rear Entry

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 1020.00
  • Gas Avg Month: 35.00
  • Gas Prev12 Months: 420.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 278.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Jog/Walk Path, Picnic Area, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796760
  • Tax Annual Amount: 1569.22
  • Assessor Parcel Number: 160202348847
  • 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
Mar 11, 2016
Closed on
Oct 25, 2016
Sold by
Taylor John H and Taylor Anna G
Bought by
Alder Properties Llc
Seller's Agent
Katie Nicholson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Katie Nicholson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Current Estimated Value
$231,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,303
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Taylor John 3Rd
Bought by
Taylor John 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 2005
Sold by
Taylor John 3Rd
Bought by
Taylor John 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Cassidy Francis and Cassidy Kathleen
Bought by
Taylor John

Purchase Details

Closed on
Mar 20, 2005
Sold by
Cassidy Francis and Cassidy Kathleen
Bought by
Taylor John

Purchase Details

Closed on
Sep 17, 2002
Sold by
Nelson Andrea L
Bought by
Cassidy Francis and Cassidy Kathleen
Source: Public Records

Range of Values:

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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
Alder Properties Llc $110,000 Counselors Title Llc
Taylor John 3Rd -- --
Taylor John 3Rd -- --
Taylor John $197,000 --
Taylor John $197,000 --
Cassidy Francis $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor John 3Rd $218,000
Previous Owner Taylor John 3Rd $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $110,000 -8.3% $129 / Sq Ft
09/14/2016 09/14/16 Price Changed $120,000 -7.7% $140 / Sq Ft
09/07/2016 09/07/16 Price Changed $130,000 0.0% $152 / Sq Ft
09/07/2016 09/07/16 For Sale $130,000 0.0% $152 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/27/2016 07/27/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $129,999 0.0% $152 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/08/2016 04/08/16 Price Changed $129,999 -7.1% $152 / Sq Ft
03/25/2016 03/25/16 Price Changed $139,999 -6.7% $164 / Sq Ft
03/11/2016 03/11/16 For Sale $150,000 -- $175 / 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 $2,507 $195,000 $58,500 $136,500
2024 $2,507 $186,667 $0 $0
2023 $2,392 $178,333 $0 $0
2022 $1,370 $170,000 $51,000 $119,000
2021 $2,011 $156,667 $0 $0
2020 $1,841 $143,333 $0 $0
2019 $1,683 $130,000 $39,000 $91,000
2018 $1,641 $126,667 $0 $0
2017 $926 $123,333 $0 $0
2016 -- $120,000 $0 $0
2015 $831 $120,000 $0 $0
2014 $831 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Nicholson

    Seller's Agent in 2016

    Katie Nicholson

    BHHS PenFed (actual)

    (301) 370-5022

    7 in this area

    295 Total Sales

    Katie Nicholson
    Section Image
  • Heather Nahr

    Seller Co-Listing Agent in 2016

    Heather Nahr

    RE/MAX

    (240) 620-3674

    3 in this area

    60 Total Sales

    Heather Nahr
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002387144

Bright MLS

APN: 02-02348847

Maryland Montgomery County Germantown 20874

20212 Shipley Terrace Unit 101, Germantown, MD

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