$228,000
SOLD AUG 30, 2024

20220 Shipley Terrace Unit 8-C-10 Germantown, MD 20874

2 Beds
1 Bath
855 Sq Ft
$500/mo HOA Fee

Recently Sold

$267 Per Sq Ft

14 Days on Market

Highlights

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

About This Home

As of August 2024

Step into this updated 2-bedroom, 1-bathroom condo situated in the Lakeview Community of Germantown. This spacious home boasts over 800 square feet of living space and offers a timeless traditional layout crafted for your comfort and convenience.
The bright and spacious living room affords tranquil views of the patio through expansive floor-to-ceiling sliding windows, ensuring maximum privacy. Seamlessly connected to the living room, the kitchen features ample storage and countertop space, and opens up to the dining area, making it perfect for entertaining.
The primary bedroom is complete with a walk-in closet and ensuite bathroom, while an additional generously sized bedroom serves as an ideal space for a home office. The private patio provides an inviting outdoor space for al fresco dining or enjoying your morning cup of coffee.
Community amenities include picturesque trails, a refreshing pool, a clubhouse for gatherings, and basketball/tennis courts, ensuring all your recreational needs are met.
No pet restrictions

Last Agent to Sell the Property

Bob Chew

Berkshire Hathaway HomeServices PenFed Realty License #575539 Listed on: 07/18/2024

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Allyson Koncke

Berkshire Hathaway HomeServices PenFed Realty License #615516

Last Buyer's Agent

Luis Navarro

RE/MAX Realty Centre, Inc. License #664363

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1983

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 855 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202348893

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, parking fee, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,392

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Step into this updated 2-bedroom, 1-bathroom condo situated in the Lakeview Community of Germantown. This spacious home boasts over 800 square feet of living space and offers a timeless traditional layout crafted for your comfort and convenience. The bright and spacious living room affords tranquil views of the patio through expansive floor-to-ceiling sliding windows, ensuring maximum privacy. Seamlessly connected to the living room, the kitchen features ample storage and countertop space, and opens up to the dining area, making it perfect for entertaining. The primary bedroom is complete with a walk-in closet and ensuite bathroom, while an additional generously sized bedroom serves as an ideal space for a home office. The private patio provides an inviting outdoor space for al fresco dining or enjoying your morning cup of coffee. Community amenities include picturesque trails, a refreshing pool, a clubhouse for gatherings, and basketball/tennis courts, ensuring all your recreational needs are met. No pet restrictions
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Washer, Dryer, Stove
  • Entry Floor: 1
  • Flooring Type: Laminate Plank, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s)
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 855
  • Living Area Sq Ft: 855
  • Price Per Sq Ft: 266.67
  • Above Grade Finished Sq Ft: 855
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20220

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, Below Grade
  • 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 Street

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Community Center, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2392.00
  • Assessor Parcel Number: 160202348893
  • Tax Total Finished Sq Ft: 855
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/30/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 14, 2024
Sold by
Koncke Allyson J and Koncke Jorge
Bought by
Perkins Ukari
Seller's Agent
Bob Chew
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Luis Navarro
RE/MAX Realty Centre, Inc.
List Price
$228,000
Sold Price
$228,000
Total Days on Market
14
Views
43
Current Estimated Value
$234,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,772
Avg. Annual Appreciation
3.98%
Original Mortgage
$11,193
Outstanding Balance
$11,121
Interest Rate
6.49%
Estimated Equity
$223,651

Purchase Details

Closed on
Apr 13, 2006
Sold by
Dickhoff Christopher S
Bought by
Koncke Allyson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,300
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 22, 2005
Sold by
Dickhoff Christopher S
Bought by
Koncke Allyson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Miller Paula A
Bought by
Dickhoff Christopher S
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $228,000 Pruitt Title
Deed $182,000 --
Deed $182,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,193 No Value Available
Previous Owner $223,870 FHA
Previous Owner $27,300 Stand Alone Second
Previous Owner $145,600 Purchase Money Mortgage
Previous Owner $145,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $228,000 0.0% $267 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $228,000 -- $267 / 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 $2,507 $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 $1,842 $143,333 $0 $0
2019 $1,683 $130,000 $39,000 $91,000
2018 $1,641 $126,667 $0 $0
2017 $1,618 $123,333 $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: MDMC2140328

Bright MLS

APN: 02-02348893