NOT LISTED FOR SALE

20237 Shipley Terrace Unit 202 Germantown, MD 20874

Estimated Value: $270,200 - $295,000

3 Beds
2 Baths
972 Sq Ft
$298/mo HOA Fee

Last Sold April 05, 2023

Last sale price $265,000 $273 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,002/month

4 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of April 2023

Rarely available sun-filled condo features ample windows for maximum light. Featured are a primary bedroom, two additional bedrooms, and two elegantly renovated baths. The Washer and Dryer are conveniently located in the laundry closet and Walk-in pantry. The Stainless Steel appliances pair beautifully with the custom Kitchen Cabinets, Granite counters, and stylish Backsplash. A spacious Dining area is adjacent to the kitchen, the Living room has the appeal of an open floor plan and leads to a private terrace with a view. SELLLER NEEDS RENT BACK.
Enjoy a wonderfully comfortable lifestyle. Here are some of what makes Lakeview an exceptional place to live: The lake with walking/jogging trails, picnic areas, swimming pool, and tennis court. Seven large shopping centers within ten minutes. Easy access to public transportation. A vast amount of restaurants.

Last Agent to Sell the Property

Dalys Keith

(410) 336-5516 dalys.keith@cbmove.com Coldwell Banker Realty License #533359 Listed on: 02/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Deepak Nathani

(410) 775-8140 deepak.nathani@exprealty.com EXP Realty, LLC License #5003698

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1983 | Remodeled in 2020

Lot Details

  • 2,657

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 972 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 160202302173

Community Details

Overview

  • Association fees include lawn maintenance, pool(s)
  • Low-Rise Condominium
  • Lakeview Condos
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Community Library

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,371

Year Built

Built in 1983 | Remodeled in 2020

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: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-02
  • Year Built: 1983
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Stove, Freezer
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Recessed Lighting, Soaking Tub, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 972
  • Living Area Sq Ft: 972
  • Price Per Sq Ft: 277.78
  • 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, 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: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 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
  • Condo Co-Op Name: Lakeview
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Jog/Walk Path, Library, Picnic Area, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 149100.00
  • Land Assessed Value: 63900.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13796539
  • Tax Annual Amount: 2371.00
  • Assessor Parcel Number: 160202302173
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 5, 2023
Sold by
Wade Angelic K
Bought by
Ali Sayed Afreen Asif
Seller's Agent
Dalys Keith
Coldwell Banker Realty
Buyer's Agent
Deepak Nathani
EXP Realty, LLC
List Price
$244,900
Sold Price
$265,000
Premium/Discount to List
$20,100
8.21%
Views
156
Current Estimated Value
$281,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,050
Avg. Annual Appreciation
2.24%
Original Mortgage
$247,000
Outstanding Balance
$240,009
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$41,041

Purchase Details

Listed on
Nov 22, 2020
Closed on
Jan 29, 2021
Sold by
Jankovic Vlade
Bought by
Wade Angelic K
Seller's Agent
Jonathan Layne
Compass
Buyer's Agent
Dalys Keith
Coldwell Banker Realty
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%
Original Mortgage
$199,323
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 21, 2013
Sold by
Moore Christopher and Moore Clara
Bought by
Jankovic Vlade
Seller's Agent
Albert Hepp
BuySelf Incorporated
Buyer's Agent
Zlaya Novacic
Maryland Real Estate Network
List Price
$149,995
Sold Price
$151,000
Premium/Discount to List
$1,005
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$145,960
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2001
Sold by
Pardo Yolando P
Bought by
Moore Christopher and Moore Clara

Purchase Details

Closed on
Aug 8, 1997
Sold by
Seifert Mary T
Bought by
Yolando P Pardo
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
Ali Sayed Afreen Asif $265,000 Legacyhouse Title
Ali Sayed Afreen Asif $265,000 Legacyhouse Title
Wade Angelic K $205,000 Mid Atlantic Setmnt Svcs Llc
Jankovic Vlade $151,000 Title Rite Services Inc
Moore Christopher $82,500 --
Yolando P Pardo $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Sayed Afreen Asif $247,000
Closed Ali Sayed Afreen Asif $247,000
Previous Owner Wade Angelic K $199,323
Previous Owner Wade Angelic K $5,979
Previous Owner Jankovic Vlade $145,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $265,000 -1.9% $273 / Sq Ft
02/09/2023 02/09/23 Price Changed $270,000 +1.9% $278 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/06/2023 02/06/23 Off Market $265,000 -- --
02/02/2023 02/02/23 For Sale $244,900 +19.5% $252 / Sq Ft
01/29/2021 01/29/21 Sold $205,000 -2.4% $211 / Sq Ft View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
11/22/2020 11/22/20 For Sale $210,000 +39.1% $216 / Sq Ft
03/21/2013 03/21/13 Sold $151,000 +0.7% $155 / Sq Ft View Prior Sale
01/31/2013 01/31/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $149,995 -- $154 / 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 $3,268 $194,333 $0 $0
2022 $1,679 $185,000 $55,500 $129,500
2021 $1,503 $173,333 $0 $0
2020 $2,703 $161,667 $0 $0
2019 $1,211 $150,000 $45,000 $105,000
2018 $1,206 $150,000 $45,000 $105,000
2017 $1,271 $150,000 $0 $0
2016 $1,153 $150,000 $0 $0
2015 $1,153 $150,000 $0 $0
2014 $1,153 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2080700

Bright MLS

APN: 02-02302173