NOT LISTED FOR SALE

20229 Shipley Terrace Unit 101 Germantown, MD 20874

Estimated Value: $243,000 - $261,000

3 Beds
2 Baths
972 Sq Ft
$278/mo HOA Fee

Last Sold December 22, 2016

Last sale price $167,900 $173 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,841/month

5 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Community Lake
  • Main Floor Bedroom

About This Home

As of December 2016

Must see sunny and spacious unit! Fully renovated with fresh paint, new espresso/stainless/granite eat in kitchen, upgraded baths with new ceramic tile, new carpet and wood flooring. Wood burning fireplace with brick mantle. Watch the wildlife from your private patio. Ample parking, convenient location close to 270 and multiple centers for shopping and dining. Great value, come have a look today!

Last Agent to Sell the Property

Stephen Withrow

(301) 404-0410 steve@turnkeyteam.com Compass Listed on: 12/02/2016

Compass

Last Buyer's Agent

Jing He

(301) 318-2876 jingherealtor@gmail.com UnionPlus Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 972 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Rented or Permit Required
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202276676

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, reserve funds, water, sewer
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1983

Lot Details

0

HOA Fees

$278 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
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Washer/Dryer Stacked, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 972
  • Living Area Sq Ft: 972
  • Price Per Sq Ft: 174.79
  • Above Grade Finished Sq Ft: 972
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 278.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Lake, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: LAKE SENECA
  • High School: SENECA VALLEY
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Property Attached Yn: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796351
  • Tax Annual Amount: 1963.37
  • Assessor Parcel Number: 160202276676
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Li Bing Hui and Tan Li Hua
Bought by
Chang Teresa Ae Sook
Current Estimated Value
$254,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,362
Outstanding Balance
$166,896
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$87,308

Purchase Details

Closed on
Nov 7, 2014
Sold by
Cicilia Francis
Bought by
Cicilia Francis and Masih Javed

Purchase Details

Closed on
Mar 23, 2009
Sold by
American Home Mortgage Servicing
Bought by
Cicilia Francis

Purchase Details

Closed on
Feb 11, 2009
Sold by
Perez Cisneros Luz Aleyda
Bought by
American Home Mortgage Servicing and Inc

Purchase Details

Closed on
Apr 6, 2007
Sold by
Giraldo Jaime H
Bought by
Perez Cisneros Luz Aleyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2006
Sold by
Giraldo Jaime H
Bought by
Perez Cisneros Luz Aleyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2006
Sold by
Zuluaga Giraldo and Zuluaga Isabel C
Bought by
Giraldo Jaime H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2006
Sold by
Zuluaga Giraldo and Zuluaga Isabel C
Bought by
Giraldo Jaime H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2005
Sold by
Carlo Barbara J and Carlo Norman M
Bought by
Girald

Purchase Details

Closed on
Nov 7, 2002
Sold by
Englemann Barbara J
Bought by
Carlo Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang Teresa Ae Sook $198,000 Amerikor Title & Escrow Llc
Cicilia Francis -- Wall Street Title & Associat
Cicilia Francis $115,000 --
American Home Mortgage Servicing $183,493 --
Perez Cisneros Luz Aleyda $250,000 --
Perez Cisneros Luz Aleyda $250,000 --
Giraldo Jaime H $240,000 --
Giraldo Jaime H $240,000 --
Girald $190,000 --
Girald $190,000 --
Carlo Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Teresa Ae Sook $187,362
Previous Owner Perez Cisneros Luz Aleyda $175,000
Previous Owner Perez Cisneros Luz Aleyda $175,000
Previous Owner Giraldo Jaime H $48,000
Previous Owner Giraldo Jaime H $192,000
Previous Owner Giraldo Jaime H $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $167,900 -1.2% $173 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $169,900 -- $175 / 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 $2,703 $213,000 $63,900 $149,100
2024 $2,703 $203,667 $0 $0
2023 $1,884 $194,333 $0 $0
2022 $1,679 $185,000 $55,500 $129,500
2021 $1,503 $173,333 $0 $0
2020 $4,087 $161,667 $0 $0
2019 $1,903 $150,000 $45,000 $105,000
2018 $1,898 $150,000 $45,000 $105,000
2017 $1,271 $150,000 $0 $0
2016 $1,243 $150,000 $0 $0
2015 $1,243 $150,000 $0 $0
2014 $1,243 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002473847

Bright MLS

APN: 02-02276676