NOT LISTED FOR SALE

20249 Shipley Terrace Unit 301 Germantown, MD 20874

Estimated Value: $241,000 - $250,000

2 Beds
2 Baths
858 Sq Ft
$500/mo HOA Fee

Last Sold December 23, 2024

Last sale price $244,500 $285 Per Sq Ft

Current estimated payment $2,001/month

25 Days on Market

Highlights

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

About This Home

As of December 2024

Beautifully renovated top-level unit with gorgeous wooded views! Every room has been spectacularly updated and you'll find special features at every turn including decorator lighting, fixtures, and hardware. The renovated kitchen boasts granite countertops, custom cabinets, stainless steel appliances, and a bright and spacious dining area. The large living room features wide-plank LVT flooring, a cozy wood-burning fireplace, and access to a private balcony overlooking enchanting woodlands. The primary bedroom boasts updated plush carpeting and a spacious closet with an organizer system while the second bedroom has updated LVT flooring and a roomy closet. Two beautifully renovated full bathrooms, a laundry room with newer washer and dryer, and a convenient coat closet complete this well-appointed floorplan. Other updates include the windows (2019) and HVAC (2020). Community amenities include open parking (two parking permits plus guest parking available), access to two pools, tennis courts, basketball courts, tot lots, and more. Water is included in the condo fee. Located just minutes from a multitude of shopping, dining, and entertainment options, plus nearby major commuter routes, this condo has it all!

Last Agent to Sell the Property

Meredith Fogle

(301) 602-3904 meredith@meredithfogle.com The List Realty License #512005 Listed on: 11/08/2024

Co-Listed By

Christopher Fogle

(301) 602-9294 chris@thelistrealty.com The List Realty

Last Buyer's Agent

Najam Chaudhry

(301) 537-3328 najam.chaudhry@lnf.com Long & Foster Real Estate, Inc. License #650231

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202328053

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,757

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-11-09
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 284.97
  • 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: Combination
  • 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: Central A/C
  • Heating Fuel: Electric
  • 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: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Basketball Courts, Tennis Courts, Jog/Walk Path, Bike Trail
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Pool(s), Snow Removal, Trash, Water, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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.

Lot Info

  • Zoning: RES
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2757.00
  • Assessor Parcel Number: 160202328053
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 23, 2024
Sold by
Bravo Lorenzo Augusto
Bought by
Choi Ji Woong
Seller's Agent
Meredith Fogle
The List Realty
Buyer's Agent
Najam Chaudhry
Long & Foster Real Estate, Inc.
List Price
$244,500
Sold Price
$244,500
Views
131
Current Estimated Value
$245,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016
Avg. Annual Appreciation
0.39%
Original Mortgage
$223,900
Outstanding Balance
$222,136
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$23,380

Purchase Details

Closed on
Apr 25, 2019
Sold by
Metropolis Development Llc
Bought by
Bravo Lorenzo Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,180
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2019
Sold by
Fannie Mae
Bought by
Metropolis Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2018
Sold by
Mccann Lisa and Mccann Lisa D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2007
Sold by
U S Bank Na Trustee
Bought by
Mccann Lisa

Purchase Details

Closed on
Oct 9, 2006
Sold by
U S Bank Na Trustee
Bought by
Mccann Lisa

Purchase Details

Closed on
Aug 25, 2006
Sold by
Roca Gilberto
Bought by
U S Bank Na Trustee

Purchase Details

Closed on
Jul 31, 2006
Sold by
Roca Gilberto
Bought by
U S Bank Na Trustee

Purchase Details

Closed on
Jun 30, 2005
Sold by
Maldonado Luz E
Bought by
Roca Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 2005
Sold by
Maldonado Luz E
Bought by
Roca Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 29, 2000
Sold by
Secretary Of Housing
Bought by
Maldonado Luz E

Purchase Details

Closed on
Mar 21, 2000
Sold by
Sarihifard Mohamed
Bought by
Secretary Of Housing & and Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Choi Ji Woong $244,500 Rgs Title
Choi Ji Woong $244,500 Rgs Title
Bravo Lorenzo Augusto $194,000 Monarch Title Inc
Metropolis Development Llc $126,175 None Available
Federal National Mortgage Association $117,000 None Available
Mccann Lisa $204,900 --
Mccann Lisa $204,900 --
U S Bank Na Trustee $100,000 --
U S Bank Na Trustee $100,000 --
Roca Gilberto $193,000 --
Roca Gilberto $193,000 --
Maldonado Luz E $62,000 --
Secretary Of Housing & $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Ji Woong $223,900
Closed Choi Ji Woong $223,900
Previous Owner Bravo Lorenzo Augusto $188,180
Previous Owner Metropolis Development Llc $98,000
Previous Owner Roca Gilberto $38,600
Previous Owner Roca Gilberto $154,400
Previous Owner Roca Gilberto $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $244,500 0.0% $285 / Sq Ft
11/08/2024 11/08/24 For Sale $244,500 -- $285 / 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 $2,757 $220,000 $66,000 $154,000
2024 $2,757 $208,333 $0 $0
2023 $1,911 $196,667 $0 $0
2022 $1,620 $185,000 $55,500 $129,500
2021 $1,393 $168,333 $0 $0
2020 $2,413 $151,667 $0 $0
2019 $1,738 $135,000 $40,500 $94,500
2018 $1,436 $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: MDMC2155198

Bright MLS

APN: 02-02328053