NOT LISTED FOR SALE

20212 Shipley Terrace Unit 202 Germantown, MD 20874

Estimated Value: $224,000 - $241,000

2 Beds
2 Baths
858 Sq Ft
2,657 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $220,000 $256 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,443/month

Highlights

  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Community Pool

About This Home

As of August 2024

Welcome to 20212 Shipley Ter. This beautiful Spacious condo has 2 Bedrooms, 2 Full Bathrooms and Fireplace. Washer and Dryer in the unit. Easy parking in the large unassigned lot directly in front of the building. Located near I-270, metro bus and trains, and shopping centers.

Last Agent to Rent the Property

Jose Salvador Rivera Jr

(240) 818-9298 joserivera3568@gmail.com RE/MAX Excellence Realty License #5013038 Listed on: 07/18/2024

Last Renter's Agent

Karina Diaz

(240) 645-5414 kadisol@gmail.com RE/MAX Excellence Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1983

Lot Details

  • 2,657

Parking

  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 858 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Rent includes water, sewer, trash removal
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/18/24
  • Assessor Parcel Number 160202348916

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,641

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Date Available: 2024-07-18
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Water, Sewer, Trash Removal
  • Security Deposit: 2000.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 2.33
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: U

Tax Info

  • Assessor Parcel Number: 160202348916

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 16, 2024
Sold by
Hankins Deborah
Bought by
Salguero Juan
Seller's Agent
Lavina Samtani
RE/MAX Realty Centre, Inc.
Buyer's Agent
Jose Salvador Rivera Jr
RE/MAX Excellence Realty
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Views
257
Current Estimated Value
$233,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,532
Avg. Annual Appreciation
4.20%
Original Mortgage
$213,400
Outstanding Balance
$210,408
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$23,124

Purchase Details

Closed on
Mar 24, 2017
Sold by
Earle Craig
Bought by
Hankins Deborah

Purchase Details

Closed on
Jun 14, 2012
Sold by
Saoman Sutat
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 11, 2007
Sold by
Horine Leta W
Bought by
Saoman Sutat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,700
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Horine Leta W
Bought by
Saoman Sutat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,700
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Horine Leta W
Bought by
Horine Leta W

Purchase Details

Closed on
Oct 21, 2000
Sold by
Horine Leta W
Bought by
Horine Leta W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salguero Juan $220,000 Excelsior Title
Hankins Deborah $145,000 Champion Title & Settlements
Federal National Mortgage Association $200,550 None Available
Saoman Sutat $202,000 --
Saoman Sutat $202,000 --
Horine Leta W -- --
Horine Leta W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Juan $213,400
Previous Owner Saoman Sutat $181,700
Previous Owner Saoman Sutat $181,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2024 08/18/24 Rented $1,900 -5.0% --
08/02/2024 08/02/24 Price Changed $2,000 0.0% $2 / Sq Ft
08/02/2024 08/02/24 For Rent $2,000 +8.1% --
07/26/2024 07/26/24 Rented $1,850 -7.5% --
07/18/2024 07/18/24 For Rent $2,000 0.0% --
05/16/2024 05/16/24 Sold $220,000 0.0% $256 / Sq Ft View Prior Sale
04/10/2024 04/10/24 Price Changed $220,000 +2.3% $256 / Sq Ft
03/12/2024 03/12/24 For Sale $215,000 -- $251 / 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 $2,641 $210,000 $63,000 $147,000
2024 $2,641 $198,333 $0 $0
2023 $1,569 $186,667 $0 $0
2022 $1,411 $175,000 $52,500 $122,500
2021 $2,749 $161,667 $0 $0
2020 $2,092 $148,333 $0 $0
2019 $2,092 $135,000 $40,500 $94,500
2018 $1,436 $130,000 $0 $0
2017 $926 $125,000 $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

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Map

Source: Bright MLS

MLS Number: MDMC2140754

Bright MLS

APN: 02-02348916