NOT LISTED FOR SALE

20217 Shipley Terrace Unit 2-B-30 Germantown, MD 20874

Estimated Value: $246,000 - $259,408

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

Last Sold July 28, 2022

Last sale price $230,000 $267 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,897/month

3 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Jogging Path
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • 1 Fireplace
  • Country Kitchen

About This Home

As of July 2022

NEW !! NEW!! NEW!! RENOVATED***HOLD YOUR BREATH*** 2 BEDROOMS ** 2 FULL BATHS LOCATED IN PRIVATE LAKEVIEW CONDOMINIUM COMMUNITY** FULLY RENOVATED BATHS W/ NEW SHOWER STALL, NEW TUB, NEW VANITIES** NEW TOILET** NEW LIGHT FIXTURES *NEW PLUMBING FIXTURES**
LIGHT IN BEDROOMS.## DOORS & CLOSET DOORS NEW
DREAM KITCHEN** WITH NEW CABINETS** NEW QUARTZ COUNTERTOPS** CERAMIC TILES** RECESSED LIGHTS** NEW MICROWAVE * NEW DISHWASHER** FRESH GREY PAINT** WALKING TRAILS AROUND LAKE**RIDE ON BUS STOP** ALMOST NEW WASHER/DRYER IN LAUNDRY ROOM*

Last Agent to Sell the Property

Kusum Mainigi

Diamond Realty & Property Mgmnt Listed on: 07/14/2022

Last Buyer's Agent

Linly Ramlal

Taylor Properties License #612656

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1983

Lot Details

  • Property is in excellent condition

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 863 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

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 160202269044

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, parking fee, reserve funds, snow removal, trash, water, sewer
  • Low-Rise Condominium
  • Lakeview Codm Condos
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,103

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: Ranch/Rambler
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Building Winterized: No
  • Remarks Public: NEW !! NEW!! NEW!! RENOVATED***HOLD YOUR BREATH*** 2 BEDROOMS ** 2 FULL BATHS LOCATED IN PRIVATE LAKEVIEW CONDOMINIUM COMMUNITY** FULLY RENOVATED BATHS W/ NEW SHOWER STALL, NEW TUB, NEW VANITIES** NEW TOILET** NEW LIGHT FIXTURES *NEW PLUMBING FIXTURES** LIGHT IN BEDROOMS.## DOORS & CLOSET DOORS NEW DREAM KITCHEN** WITH NEW CABINETS** NEW QUARTZ COUNTERTOPS** CERAMIC TILES** RECESSED LIGHTS** NEW MICROWAVE * NEW DISHWASHER** FRESH GREY PAINT** WALKING TRAILS AROUND LAKE**RIDE ON BUS STOP** ALMOST NEW WASHER/DRYER IN LAUNDRY ROOM*
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Country
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 863
  • Living Area Sq Ft: 863
  • Price Per Sq Ft: 266.51
  • Above Grade Finished Sq Ft: 863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20217

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: Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: LAKEVIEW CODM
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Jog/Walk Path, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Parking Fee, Reserve Funds, Snow Removal, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • 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: 126000.00
  • Land Assessed Value: 54000.00
  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: 011
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13796342
  • Tax Annual Amount: 2103.00
  • Assessor Parcel Number: 160202269044
  • Tax Total Finished Sq Ft: 863
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Jul 28, 2022
Sold by
Sood Ajay K
Bought by
Ramlal Linly and Ramlal Radha
Seller's Agent
Kusum Mainigi
Diamond Realty & Property Mgmnt
Buyer's Agent
Linly Ramlal
Taylor Properties
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$253,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,602
Avg. Annual Appreciation
2.48%
Original Mortgage
$30,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2020
Sold by
Sood Neena and Sood Ajay
Bought by
Sood Ajay K and Sood Neena

Purchase Details

Closed on
Sep 20, 2002
Sold by
Duggal Sanjiv K
Bought by
Sood Neena and Sood Ajay K

Purchase Details

Closed on
Mar 15, 1994
Sold by
Goodman C
Bought by
Duggal Sanjiv K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.93%
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
Ramlal Linly $230,000 Commonwealth Land Title
Sood Ajay K -- None Available
Sood Neena $95,000 --
Duggal Sanjiv K $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sood Living Trust $30,000
Previous Owner Sood Neena $86,700
Previous Owner Duggal Sanjiv K $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $230,000 0.0% $267 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $230,000 -2.1% $267 / Sq Ft
07/14/2022 07/14/22 For Sale $235,000 -- $272 / 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 $2,737 $220,000 $66,000 $154,000
2024 $2,737 $206,667 $0 $0
2023 $2,565 $193,333 $0 $0
2022 $2,316 $180,000 $54,000 $126,000
2021 $2,103 $165,000 $0 $0
2020 $1,738 $150,000 $0 $0
2019 $1,738 $135,000 $40,500 $94,500
2018 $1,436 $130,000 $0 $0
2017 $1,618 $125,000 $0 $0
2016 -- $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: MDMC2061106

Bright MLS

APN: 02-02269044