NOT LISTED FOR SALE

20245 Shipley Terrace Germantown, MD 20874

Estimated Value: $242,545 - $258,000

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

Last Sold April 09, 2021

Last sale price $199,988 $233 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,827/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Community Playground
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of April 2021

Delightful and bright 2nd-floor condo close to every neighborhood amenity you have wished for. This unit boasts two bright and spacious bedrooms, two full baths, a spacious kitchen with a dining area, and a formal living room with a fireplace perfect for year-round entertaining. This unit has a brand new wall-to-wall carpeting and it has a low condo fee. Enjoy the sunsets all year round from the balcony and the privacy this unit offers. This community offers plenty of parking and easy access to lake Churchill, walking trails, pool, shopping, library, restaurants, hospitals, & public transportation. A must see!!

Last Agent to Sell the Property

Eric Stewart

(301) 252-1697 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 02/18/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Robert Garcia

(240) 286-5526 robert@capitalcrestgroup.com Long & Foster Real Estate, Inc. License #0225264699

Last Buyer's Agent

Rebecca Lewis

(240) 603-8418 rebecca.lewis@cbmove.com Coldwell Banker Realty License #523129

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1983

Lot Details

  • Southwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Sliding Doors
  • Six Panel Doors

Kitchen

  • Stove
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Breezeway

Listing and Financial Details

  • Assessor Parcel Number 160202302138

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Iko Community Management. Condos
  • Lakeview Codm Community
  • Lakeview Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No 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
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Compactor, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet, Laminated, Vinyl
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor, Hookup
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 233.09
  • 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: Brick, Concrete
  • Exterior Features: Sidewalks
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: iko community management.
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LAKE SENECA
  • High School: SENECA VALLEY
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 122500.00
  • Land Assessed Value: 52500.00
  • Outdoor Living Structures: Breezeway
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13796535
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160202302138
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 9, 2021
Sold by
Hess Jerry D
Bought by
Straub Jordan
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Rebecca Lewis
Coldwell Banker Realty
List Price
$199,988
Sold Price
$199,988
Current Estimated Value
$248,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,648
Avg. Annual Appreciation
4.78%
Original Mortgage
$193,988
Outstanding Balance
$175,148
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$73,488

Purchase Details

Closed on
May 20, 1992
Bought by
Hess Jerry D
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
Straub Jordan $199,988 Commonwealth Land Ttl Ins Co
Hess Jerry D $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straub Jordan $193,988
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $199,988 0.0% $233 / Sq Ft
02/18/2021 02/18/21 For Sale $199,988 -- $233 / 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 $1,796 $186,667 $0 $0
2022 $1,569 $175,000 $52,500 $122,500
2021 $1,375 $161,667 $0 $0
2020 $2,409 $148,333 $0 $0
2019 $1,046 $135,000 $40,500 $94,500
2018 $985 $130,000 $0 $0
2017 $926 $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

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Map

Source: Bright MLS

MLS Number: MDMC745170

Bright MLS

APN: 02-02302138