NOT LISTED FOR SALE

20229 Shipley Terrace Germantown, MD 20874

Estimated Value: $242,337 - $256,000

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

Last Sold November 30, 2020

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

Est. 29% increase in value since last sale

Current estimated payment $1,831/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Jogging Path
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Tennis Courts
  • Fireplace

About This Home

As of November 2020

Lovely condo, sold as-is. Newly renovated - new bathroom, paint, newer appliances and windows, the list goes on. Close to 270, bus and shopping, great as starter home or investment property! Must see!!

Last Agent to Sell the Property

Lisa Liu

(301) 518-8270 lisa_liu50@hotmail.com Long River Realty LLC License #510936 Listed on: 10/17/2020

Last Buyer's Agent

Solomon Zaldivar

(301) 922-9079 solo@bennettsalesgroup.com Compass

Compass

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

  • Colonial Architecture
  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160202276687

Community Details

Overview

  • Association fees include common area maintenance, water, trash, insurance, lawn maintenance, sewer, snow removal
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

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: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 221.33
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet

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: Vinyl Siding
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • 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: Tennis Courts, Swimming Pool, Basketball Courts, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Trash, Insurance, Lawn Maintenance, Sewer, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13796352
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160202276687
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 30, 2020
Sold by
Hahns Solutions Llc
Bought by
Morocco Jaleesa
Seller's Agent
Lisa Liu
Long River Realty LLC
Buyer's Agent
Solomon Zaldivar
Compass
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Current Estimated Value
$249,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,334
Avg. Annual Appreciation
5.23%
Original Mortgage
$187,210
Outstanding Balance
$166,970
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$82,364

Purchase Details

Closed on
Oct 19, 2016
Sold by
Huang Anna
Bought by
Hanus Solutions Llc

Purchase Details

Closed on
May 19, 2011
Sold by
Reyes Norma F
Bought by
Huang Anna

Purchase Details

Closed on
May 12, 2011
Sold by
Reyes Norma F
Bought by
Huang Anna

Purchase Details

Closed on
Apr 24, 2006
Sold by
Galo Jose L
Bought by
Reyes Norma F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 13, 2006
Sold by
Galo Jose L
Bought by
Reyes Norma F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 13, 2005
Sold by
Galo Jose L
Bought by
Galo Jose L

Purchase Details

Closed on
Feb 25, 2005
Sold by
Galo Jose L
Bought by
Galo Jose L

Purchase Details

Closed on
Sep 14, 2001
Sold by
Favreau Bradford V
Bought by
Galo Jose L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morocco Jaleesa $193,000 Masters Title & Escrow
Hanus Solutions Llc -- Masters Title & Escrow
Huang Anna $85,000 --
Huang Anna $85,000 Old Republic National Title
Huang Anna $85,000 --
Reyes Norma F -- --
Reyes Norma F -- --
Galo Jose L $44,000 --
Galo Jose L $44,000 --
Galo Jose L $44,000 --
Galo Jose L $44,000 --
Galo Jose L $79,295 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morocco Jaleesa $187,210
Previous Owner Reyes Norma F $208,000
Previous Owner Reyes Norma F $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $193,000 +1.6% $225 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $189,900 -- $221 / 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 $2,641 $210,000 $63,000 $147,000
2024 $2,641 $198,333 $0 $0
2023 $2,488 $186,667 $0 $0
2022 $2,261 $175,000 $52,500 $122,500
2021 $2,749 $161,667 $0 $0
2020 $1,897 $148,333 $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 $831 $120,000 $0 $0
2015 $831 $120,000 $0 $0
2014 $831 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Liu

    Long River Realty LLC

    (301) 518-8270

    1 in this area

    56 Total Sales

    Lisa Liu
    Section Image
  • Solomon Zaldivar

    Buyer's Agent in 2020

    Solomon Zaldivar

    Compass

    (301) 922-9079

    6 in this area

    76 Total Sales

    Solomon Zaldivar
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC730750

Bright MLS

APN: 02-02276687

Maryland Montgomery County Germantown 20874

20229 Shipley Terrace, Germantown, MD

Not Listed for Sale

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