NOT LISTED FOR SALE

20233 Shipley Terrace Unit 302 Germantown, MD 20874

Estimated Value: $223,000 - $246,000

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

Last Sold May 27, 2020

Last sale price $155,000 $181 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,762/month

12 Days on Market

Highlights

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

About This Home

As of May 2020

Fabulous new price for swift sale! Well-maintained top-floor suburban oasis garden-style condominium checks all boxes at perfect price point! Superb opportunity to own your home! The living room offers a wood burning fireplace and sliders to a balcony where you can dine al fresco and enjoy the smell of pine trees. The refreshed kitchen offers updated white appliances, a new microwave, white cabinetry and an adjacent dining area so you can entertain while cooking. In-unit stacked washer & dryer also modern. Both bedrooms are bright and spacious and two full baths on the hall allow for versatility of use. The carpet throughout living room and bedrooms is recent and the entire unit has been freshly-painted. A coat closet offers additional storage at the unit entry. FHA-approved complex. Convenient permit parking available for residents and guest permits are available as well. Community enjoys use of multiple outdoor swimming pools. Great location minutes from shopping, restaurants, I-270, Black Hills Regional Park and more. Wonderful lake & walking paths to enjoy nature! Property is not occupied. Seller requires all parties entering the property to strictly adhere to CDC & Maryland REALTORS guidelines with regard to wearing masks, gloves and other protective gear. All in-person showings to clients will require lender s pre-approval letter or proof of funds in advance of appointment being granted. Buyers and buyer agents are advised to use the 3D tour to get a sense of interest in the property before scheduling an in-person showing. Please stay safe.

Last Agent to Sell the Property

Sammy Dweck

(202) 716-0400 sammy@sammydweck.com TTR Sotheby's International Realty License #0225195886 Listed on: 04/23/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Linly Ramlal

(301) 785-3888 linlyram@yahoo.com 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

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Living Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Parking Permit Included
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160202276665

Community Details

Overview

  • Association fees include exterior building maintenance, management, reserve funds, sewer, snow removal, trash, water, pool(s)
  • Low-Rise Condominium
  • Lakeview Condominium Condos
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Community Lake

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

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
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Laminated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 186.48
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Permit Included, Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

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: Cable Tv Available, Phone 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
  • Condo Co-Op Name: Lakeview Condominium
  • HOA Condo Co-Op Amenities: Lake, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Property Condition: Very Good
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13796350
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160202276665
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 27, 2020
Sold by
Pelzer David
Bought by
Ramlal Linly and Ramlal Radha
Seller's Agent
Sammy Dweck
TTR Sotheby's International Realty
Buyer's Agent
Linly Ramlal
Taylor Properties
List Price
$169,999
Sold Price
$155,000
Premium/Discount to List
-$14,999
-8.82%
Current Estimated Value
$234,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,700
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Leino Mary B
Bought by
Pelzer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Leino Mary B
Bought by
Pelzer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $155,000 Commonwealth Land Ttl Ins Co
Pelzer David $190,000 --
Pelzer David $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelzer David $171,000
Previous Owner Pelzer David $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $155,000 -3.1% $181 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $159,999 -5.9% $186 / Sq Ft
04/23/2020 04/23/20 For Sale $169,999 0.0% $198 / Sq Ft
03/02/2019 03/02/19 Rented $1,200 0.0% --
02/26/2019 02/26/19 Price Changed $1,200 -7.7% $1 / Sq Ft
02/26/2019 02/26/19 For Rent $1,300 0.0% --
02/25/2019 02/25/19 Off Market $1,300 -- --
01/29/2019 01/29/19 For Rent $1,300 +13.0% --
01/02/2018 01/02/18 Rented $1,150 0.0% --
01/02/2018 01/02/18 Under Contract -- -- --
11/22/2017 11/22/17 For Rent $1,150 -3.8% --
09/08/2015 09/08/15 Rented $1,195 0.0% --
09/03/2015 09/03/15 Under Contract -- -- --
06/29/2015 06/29/15 For Rent $1,195 -- --
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 $1,915 $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 $831 $120,000 $0 $0
2014 $831 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC703756

Bright MLS

APN: 02-02276665