NOT LISTED FOR SALE

20220 Shipley Terrace Germantown, MD 20874

Estimated Value: $220,000 - $246,000

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

Last Sold February 17, 2021

Last sale price $165,000 $192 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,791/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Dr. Martin Luther King, Jr. Middle School Rated A-

About This Home

As of February 2021

2 bedroom and 2 full bath ground floor condo. Priced under market value waiting for you personal touches! Will need some work. Ground level with a sliding patio door. Living room with a wood burning fireplace! Two large bedrooms with ample closets. Newer washer and dryer located in the unit! Tons of parking. Pet friendly. Walk to the lake! Close to shopping, major transportation routes, I270. Eat in kitchen.

Last Agent to Sell the Property

Wayne Mann

Samson Properties Listed on: 01/27/2021

Samson Properties

Last Buyer's Agent

Linly Ramlal

Taylor Properties License #612656

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 858 Sq Ft Home
  • Property has 4 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202348882

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), road maintenance, snow removal, water
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,738

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: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-30
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: 2 bedroom and 2 full bath ground floor condo. Priced under market value waiting for you personal touches! Will need some work. Ground level with a sliding patio door. Living room with a wood burning fireplace! Two large bedrooms with ample closets. Newer washer and dryer located in the unit! Tons of parking. Pet friendly. Walk to the lake! Close to shopping, major transportation routes, I270. Eat in kitchen.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 203.96
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20220

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: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Road Maintenance, Snow Removal, 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: CONDO
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796764
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160202348882
  • Tax Total Finished Sq Ft: 858
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/17/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Feb 16, 2021
Sold by
Oconnor Craig and Oconnor Judit
Bought by
Ramlal Linly and Ramlal Radha
Seller's Agent
Wayne Mann
Samson Properties
Buyer's Agent
Linly Ramlal
Taylor Properties
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$232,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,525
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Aug 26, 2004
Sold by
Hazley George R and Hazley V
Bought by
O'Connor Judit and O'Connor Craig

Purchase Details

Closed on
Sep 9, 1997
Sold by
Hazley Roger R
Bought by
George R R and George Hazley V

Purchase Details

Closed on
May 2, 1996
Sold by
J Matthew G and J Allen T
Bought by
Hazley Roger R
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
Ramlal Linly $165,000 Commonwealth Land Ttl Ins Co
O'Connor Judit $165,000 --
George R R -- --
Hazley Roger R $73,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $165,000 -5.7% $192 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $175,000 -- $204 / 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 $2,641 $198,333 $0 $0
2023 $2,488 $186,667 $0 $0
2022 $2,261 $175,000 $52,500 $122,500
2021 $2,067 $161,667 $0 $0
2020 $1,897 $148,333 $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

  • Wayne Mann

    Seller's Agent in 2021

    Wayne Mann

    Samson Properties

    (240) 388-0076

    5 in this area

    43 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Linly Ramlal

    Taylor Properties

    (301) 785-3888

    11 in this area

    26 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC742502

Bright MLS

APN: 02-02348882

Maryland Montgomery County Germantown 20874

20220 Shipley Terrace, Germantown, MD

This home is located at 20220 Shipley Terrace, Germantown, MD 20874 since 27 January 2021 and is currently estimated at $234,331, approximately $273 per square foot. This property was built in 1983. 20220 Shipley Terrace is a home located in Montgomery County with nearby schools including Lake Seneca Elementary, Dr. Martin Luther King, Jr. Middle School, and Seneca Valley High School.

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