NOT LISTED FOR SALE

20245 Shipley Terrace Unit 4-A-10 Germantown, MD 20874

Estimated Value: $233,424 - $264,000

2 Beds
1 Bath
858 Sq Ft
$298/mo HOA Fee

Last Sold February 22, 2022

Last sale price $205,000 $239 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,817/month

12 Days on Market

Highlights

  • Traditional Floor Plan
  • Eat-In Kitchen
  • Dogs and Cats Allowed
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Welcome home. From the moment you walk into this sun-filled condo, you will be greeted by shining wood floors. The large living space is perfect for entertaining and features a wonderfully updated kitchen with dining area. Other features include your own washer & dryer and private outdoor deck area to relax after a long day.

Last Agent to Sell the Property

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775 Listed on: 01/31/2022

Realty of America LLC

Co-Listed By

Yasmin Niktash

(240) 449-9377 yniktash@gmail.com Realty of America LLC

Last Buyer's Agent

Chris Lee

(240) 277-0447 chris.lee@corcoranmce.com Corcoran McEnearney License #sp40004105

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160202302060

Community Details

Overview

  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,067

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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-03
  • Year Built: 1983
  • Automatically Close On Close Date: Yes
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Stove
  • Entry Floor: 1
  • Interior Amenities: Kitchen - Table Space, Window Treatments, Floor Plan - Traditional
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 221.45
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 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: 94500.00
  • Land Assessed Value: 40500.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796529
  • Tax Annual Amount: 2067.00
  • Assessor Parcel Number: 160202302060
  • Tax Page Number: 220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2006
Sold by
Alvarez Francisco A
Bought by
Mutiga Nahashon
Current Estimated Value
$246,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$152,880
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,976

Purchase Details

Closed on
May 30, 2006
Sold by
Alvarez Francisco A
Bought by
Mutiga Nahashon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$152,880
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,976

Purchase Details

Closed on
Aug 29, 2002
Sold by
Mickens Michele L
Bought by
Alvarez Francisco A

Purchase Details

Closed on
Apr 1, 1998
Sold by
Cronin Matthew M
Bought by
Mickens Michele 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
Mutiga Nahashon $225,000 --
Mutiga Nahashon $225,000 --
Alvarez Francisco A $92,900 --
Mickens Michele L $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutiga Nahashon $225,000
Closed Mutiga Nahashon $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $205,000 +7.9% $239 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $190,000 0.0% $221 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $190,000 -7.3% $221 / Sq Ft
02/08/2022 02/08/22 Off Market $205,000 -- --
01/31/2022 01/31/22 For Sale $190,000 -- $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 $1,411 $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 $926 $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

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Map

Source: Bright MLS

MLS Number: MDMC2033250

Bright MLS

APN: 02-02302071