NOT LISTED FOR SALE

20257 Shipley Terrace Unit 102 Germantown, MD 20874

Estimated Value: $222,000 - $276,000

2 Beds
2 Baths
858 Sq Ft
1983 Built

Last Sold August 02, 2012

Last sale price $120,000 $140 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,574/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Community Pool
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of August 2012

LOVELY, LIKE NEW 2 bedroom, 2 bathroom Condo with updated appliances. New countertops, flooring and interior paint. Wood burning fire-place. Sliding-glass doors to patio yard that backs to jogging trail and wooded area. Pet friendly community. Interior parking space included. Great location off Father Hurley Blvd. near stores, Rockville, Metro and easy commute to DC. Third party approval required.

Last Agent to Sell the Property

Patrick Rutledge

EXP Realty, LLC License #313432 Listed on: 04/24/2012

EXP Realty, LLC

Last Buyer's Agent

Alfonso Huerta

Berkshire Hathaway HomeServices PenFed Realty License #579469

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1983

Lot Details

  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 1
  • Covered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160202327903

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Lakeview Subdivision

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,523

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1983
  • Remarks Public: LOVELY, LIKE NEW 2 bedroom, 2 bathroom Condo with updated appliances. New countertops, flooring and interior paint. Wood burning fire-place. Sliding-glass doors to patio yard that backs to jogging trail and wooded area. Pet friendly community. Interior parking space included. Great location off Father Hurley Blvd. near stores, Rockville, Metro and easy commute to DC. Third party approval required.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 858
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 139.86
  • Above Grade Finished Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20257

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: Combination, Brick
  • 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 Space Number Assigned: 1
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2011

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13796578
  • Tax Annual Amount: 1523.42
  • Assessor Parcel Number: 160202327903
  • Tax Total Finished Sq Ft: 858
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/02/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jul 31, 2012
Sold by
Sandy Constance Betty E and Sandy Constance
Bought by
Ramirez Yimmy
Seller's Agent
Patrick Rutledge
EXP Realty, LLC
Buyer's Agent
Alfonso Huerta
Berkshire Hathaway HomeServices PenFed Realty
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$248,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,542
Avg. Annual Appreciation
5.42%
Original Mortgage
$117,826
Outstanding Balance
$83,530
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$155,504

Purchase Details

Closed on
Jun 8, 2006
Sold by
Lin Hua
Bought by
Constance Betty E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,550
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2006
Sold by
Lin Hua
Bought by
Constance Betty E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,550
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 9, 2004
Sold by
Aziz Azman S D
Bought by
Lin Hua
Source: Public Records

Range of Values:

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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
Ramirez Yimmy $120,000 Chicago Title
Constance Betty E $227,950 --
Constance Betty E $227,950 --
Lin Hua $160,000 --
Lin Hua $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Yimmy $14,569
Open Ramirez Yimmy $117,826
Previous Owner Constance Betty E $45,550
Previous Owner Constance Betty E $182,360
Previous Owner Constance Betty E $182,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $120,000 0.0% $140 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $120,000 -- $140 / 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 $3,180 $186,667 $0 $0
2022 $1,411 $175,000 $52,500 $122,500
2021 $2,749 $161,667 $0 $0
2020 $2,409 $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 $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: 1003954848

Bright MLS

APN: 02-02327903