NOT LISTED FOR SALE

20249 Shipley Terrace Unit 5-C-10 Germantown, MD 20874

Estimated Value: $234,574 - $254,000

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

Last Sold August 18, 2022

Last sale price $220,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,808/month

13 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Jogging Path
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

This 2-bedroom, 2-bath condo is located in the highly desirable Lakeview Community. The private rear deck overlooks the woodlands that lead to gorgeous Lake Churchill and Black Hill Regional Park is just a short stroll away. This condo features a large living room where you can enjoy a cozy wood-burning fire on those cool fall evenings, a spacious eat-in kitchen and a washer and dryer are in the unit. Enjoy 2 outdoor community pools, Club House, jogging paths and trails surrounding each lake, tot lots, sports courts, ample parking. Ideally located to I270, Rt. 355, several great shopping centers, entertainment, Clarksburg Outlets, MARC train, public transportation and more. Don't miss this opportunity to own a great home, surrounded by nature!!

FHA Approved

Last Agent to Sell the Property

Sarah Reynolds

(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916 Listed on: 07/13/2022

Keller Williams Realty

Last Buyer's Agent

lynn spiegel

(301) 502-6337 lynnispiegel@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

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

Parking

  • Parking Lot

Home Design

  • AirLite
  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202327936

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

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
  • Architectural Style: Airlite
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-13
  • 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: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 250.58
  • 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: Vinyl Siding
  • 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: Natural Gas
  • 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 Condo Co-Op Amenities: Club House, Jog/Walk Path, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Water, Insurance, Trash, Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Snow Removal
  • 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: 122500.00
  • Land Assessed Value: 52500.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796581
  • Tax Annual Amount: 2067.00
  • Assessor Parcel Number: 160202327936
  • 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

Listed on
Jul 13, 2022
Closed on
Aug 18, 2022
Sold by
Jesse Linton
Bought by
Kolluru Raj Kiran
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
lynn spiegel
Long & Foster Real Estate, Inc.
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$244,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,894
Avg. Annual Appreciation
3.30%
Original Mortgage
$209,000
Outstanding Balance
$199,862
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$45,032

Purchase Details

Closed on
Jun 5, 2017
Sold by
Us Bank Trust National Association
Bought by
Linton Jesssde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2016
Sold by
Sweeney Catherine Elizabeth and Sweeney Ronnie Joe
Bought by
U S Bank Trust Na and The Preston Ridge Partners Investments I

Purchase Details

Closed on
Jun 12, 2003
Sold by
Earp Richard C
Bought by
Sweeney Ronnie J

Purchase Details

Closed on
Dec 29, 1993
Sold by
Davenport A A
Bought by
Walker Curtis 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
Kolluru Raj Kiran $220,000 Stewart Title
Kolluru Raj Kiran $220,000 Stewart Title
Linton Jesssde $145,000 Lakeside Title Co
U S Bank Trust Na $136,000 None Available
Sweeney Ronnie J $112,500 --
Walker Curtis L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolluru Raj Kiran $209,000
Closed Kolluru Raj Kiran $209,000
Previous Owner Linton Jesssde $142,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $220,000 +2.3% $256 / Sq Ft
07/13/2022 07/13/22 For Sale $215,000 -- $251 / 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 $2,261 $175,000 $52,500 $122,500
2021 $2,749 $161,667 $0 $0
2020 $1,897 $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 -- $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: MDMC2060920

Bright MLS

APN: 02-02327936