NOT LISTED FOR SALE

20256 Shipley Terrace Unit 201 Germantown, MD 20874

Estimated Value: $228,662 - $263,000

2 Beds
2 Baths
858 Sq Ft
$246/mo HOA Fee

Last Sold September 14, 2012

Last sale price $130,000 $152 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,759/month

Highlights

  • Lake Privileges
  • Community Lake
  • Wood Flooring
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of September 2012

Renovated & spacious 2BR/2BA condo just a short walk to the lake! Unit has laminate floors, recessed lighting, & fresh paint. New A/C & kitchen renovation in the last 5 yrs. Wood burning fireplace w/ mantle in living room. Stackable W/D in unit. Comm amenities: outdoor pool, jogging path, community center, tennis courts, lake access, playground, party room. Condo fee: $246/mo. Pet friendly!

Last Agent to Sell the Property

Andy Peers

(301) 370-4499 andy@compass.com Compass Listed on: 08/09/2012

Compass

Last Buyer's Agent

Bob Graves

(301) 538-9337 Bob.Graves@LNF.com Long & Foster Real Estate, Inc. License #51253

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1983

Lot Details

  • 2,657

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Chair Railings
  • Fireplace Mantel
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Free Parking
  • Surface Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Lake Privileges
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160202328235

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Lakeview Community
  • Community Lake

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Recreation Room

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,523

Year Built

Built in 1983

Lot Details

0

HOA Fees

$246 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: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Galley, Combination Kitchen/Dining, Chair Railings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 145.57
  • 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
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Surface, Unassigned

Utilities

  • Refuse: 213.76
  • 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 246.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Jog/Walk Path, Lake, Party Room, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796609
  • Tax Annual Amount: 1523.42
  • Assessor Parcel Number: 160202328235
  • Tax Total Finished Sq Ft: 858
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/14/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Sep 14, 2012
Sold by
Bruce Michael W and Bruce Grace A
Bought by
Menoche Lisa M
Seller's Agent
Andy Peers
Compass
Buyer's Agent
Bob Graves
Long & Foster Real Estate, Inc.
List Price
$124,900
Sold Price
$130,000
Premium/Discount to List
$5,100
4.08%
Current Estimated Value
$242,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,916
Avg. Annual Appreciation
4.90%
Original Mortgage
$127,645
Outstanding Balance
$86,981
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$155,935

Purchase Details

Closed on
Jan 18, 2001
Sold by
Meddings Cheryl A
Bought by
Bruce Michael W and Bruce G
Source: Public Records

Range of Values:

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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
Menoche Lisa M $130,000 Sage Title Group Llc
Bruce Michael W $74,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menoche Lisa M $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $130,000 +4.1% $152 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $124,900 -- $146 / 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 $1,411 $175,000 $52,500 $122,500
2021 $2,749 $161,667 $0 $0
2020 $2,092 $148,333 $0 $0
2019 $2,092 $135,000 $40,500 $94,500
2018 $1,436 $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

  • Andy Peers

    Seller's Agent in 2012

    Andy Peers

    Compass

    (301) 370-4499

    182 Total Sales

    Andy Peers
    Section Image
  • Bob Graves

    Buyer's Agent in 2012

    Bob Graves

    Long & Foster

    (301) 538-9337

    6 in this area

    62 Total Sales

    Bob Graves
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004112384

Bright MLS

APN: 02-02328235

Maryland Montgomery County Germantown 20874

20256 Shipley Terrace Unit 201, Germantown, MD

This home is located at 20256 Shipley Terrace Unit 201, Germantown, MD 20874 since 09 August 2012 and is currently estimated at $242,916, approximately $283 per square foot. This property was built in 1983. 20256 Shipley Terrace Unit 201 is a home located in Montgomery County with nearby schools including Lake Seneca Elementary, Dr. Martin Luther King, Jr. Middle School, and Seneca Valley High School.

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