NOT LISTED FOR SALE

20216 Shipley Terrace Germantown, MD 20874

Estimated Value: $227,000 - $242,000

2 Beds
2 Baths
858 Sq Ft
$298/mo HOA Fee

Last Sold March 25, 2022

Last sale price $193,000 $225 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,801/month

2 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Jogging Path
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Beautiful, completely renovated 2 bedrooms, 2 full baths condo on the TOP floor. Please call to learn more.

Welcome Section 8 Vouchers (HOC, Rapid Rehousing, etc).

Property features fresh paint, newer flooring throughout, new lighting fixtures, new kitchen furnished with electric smooth top range, refrigerator & dishwasher. Separate utility area with full size washer, dryer and storage space.

Open floor plan w/ large living room. Separate dining area. Lots of storage. Balcony with great view. Plenty of guest parking available.

Family friendly neighborhood and a minute to I-270, shopping, Germantown Town Center, public transportation and easy access to Metro.

This is a smoke free, pet free property.
____________________________________________
Application/Screening Criteria:

$45 Application fee
Minimum 1-year lease required
No past evictions
Good previous rental references
Proof of employment
Smoke free environment
No pets
First months rent and security deposit due in full at the time of lease signing
Renter's insurance required

Last Agent to Sell the Property

Delilah Dane

Redfin Corp Listed on: 02/10/2022

Redfin Corp

Last Buyer's Agent

Lisa Sabelhaus

RE/MAX Town Center License #RS-0037772

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $298 Monthly HOA Fees

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202348984

Community Details

Overview

  • Association fees include water, pool(s), trash, sewer
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,905

Year Built

Built in 1983

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-10
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity to build equitable value! 2-bedroom, 2-bathroom condo in the Lakeview subdivision. This sunlit unit features a large living area with a fireplace and balcony access, a spacious kitchen with open table space, 2 sizeable bedrooms, and 2 full baths. Newer windows, dishwasher, and fridge. Washer/dryer in-unit. 2 assigned parking spaces. Condo dues include water, community pool, clubhouse, tot lot, and tennis courts, as well as a paved walking/jogging trail around a private lake. Location! Grocers, shopping, dining, and entertainment nearby - close to Germantown Town Center, BlackRock Center for the Arts, Black Hill Regional Park, Top Golf, and more. Ride-on bus at entrance to community, plus quick access to 270, 355, and other major commuter routes. Don't miss this one!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 212.00
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20216

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
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Jog/Walk Path, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Water, Pool(s), Trash, Sewer
  • HOA: No
  • 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.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • Land Use Code: U
  • Year Assessed: 2021
  • Zoning: R-20
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13796774
  • Tax Annual Amount: 1905.00
  • Assessor Parcel Number: 160202348984
  • Tax Total Finished Sq Ft: 858
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/25/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 25, 2022
Sold by
Shari Mohary
Bought by
Patel Darshna Navinchandra
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Lisa Sabelhaus
RE/MAX Town Center
List Price
$181,900
Sold Price
$193,000
Premium/Discount to List
$11,100
6.1%
Current Estimated Value
$234,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,383
Avg. Annual Appreciation
6.22%
Original Mortgage
$144,750
Outstanding Balance
$136,877
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$99,951

Purchase Details

Closed on
Mar 8, 2006
Sold by
Montano Pamela
Bought by
Mohary Shari

Purchase Details

Closed on
Feb 10, 2006
Sold by
Montano Pamela
Bought by
Mohary Shari

Purchase Details

Closed on
Dec 3, 2003
Sold by
Weir Robert J 3Rd & S C
Bought by
Montano Pamela

Purchase Details

Closed on
Sep 22, 1999
Sold by
Weir Robert J 3Rd
Bought by
Weir Robert J 3Rd & S C
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
Patel Darshna Navinchandra $193,000 First American Title
Mohary Shari $157,000 --
Mohary Shari $157,000 --
Mohary Shari $157,000 --
Mohary Shari $157,000 --
Montano Pamela $118,000 --
Weir Robert J 3Rd & S C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Darshna Navinchandra $144,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Off Market $2,400 -- --
06/12/2025 06/12/25 For Rent $2,400 0.0% --
03/25/2022 03/25/22 Sold $193,000 +6.1% $225 / Sq Ft
03/09/2022 03/09/22 For Sale $181,900 0.0% $212 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $181,900 -- $212 / 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
2024 $2,634 $197,667 $0 $0
2023 $2,357 $175,333 $0 $0
2022 $2,018 $153,000 $45,900 $107,100
2021 $1,905 $147,000 $0 $0
2020 $1,816 $141,000 $0 $0
2019 $1,738 $135,000 $40,500 $94,500
2018 $1,677 $130,000 $0 $0
2017 $1,618 $125,000 $0 $0
2016 $1,523 $120,000 $0 $0
2015 $1,523 $120,000 $0 $0
2014 $1,523 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2036580

Bright MLS

APN: 02-02348984