NOT LISTED FOR SALE

20257 Shipley Terrace Unit 5-A-30 Germantown, MD 20874

Estimated Value: $245,000 - $268,000

2 Beds
1 Bath
855 Sq Ft
$298/mo HOA Fee

Last Sold March 29, 2022

Last sale price $200,000 $234 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,851/month

29 Days on Market

Highlights

  • Rambler Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Dr. Martin Luther King, Jr. Middle School Rated A-

About This Home

As of March 2022

Back on market....loan fell through. This 2 bedroom/ 1 bath condo in the Lakeview Condominium community in Germantown has just been painted and new carpet installed in the past 2 months. New appliances. Nice location and view of trees. Front foot fee of $108 a year is paid in the property taxes. UNIT IS 2ND FLOOR LEFT REAR.

Last Agent to Sell the Property

Suzanne Marsh

(301) 748-1134 marshrealty@aol.com Marsh Realty License #505453 Listed on: 01/26/2022

Last Buyer's Agent

Fred Mohseni

(202) 704-5931 fred@onestreet.one Samson Properties License #SP200206021

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1983

Lot Details

  • Property is in good condition

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Entry on the 2nd floor
  • Aluminum Siding

Interior Spaces

  • 855 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202328018

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water
  • $9 Other Monthly Fees
  • Low-Rise Condominium
  • Lakeview Condos
  • Lakeview Codm Community
  • Lakeview Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,011

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: Ranch/Rambler
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-01-27
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 855
  • Living Area Sq Ft: 855
  • Price Per Sq Ft: 233.92
  • Above Grade Finished Sq Ft: 855
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • 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 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: Lakeview
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 107.80
  • Other Fees Frequency: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Property Condition: Good
  • Zoning: RESIDENDIAL
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13796589
  • Tax Annual Amount: 2011.00
  • Assessor Parcel Number: 160202328018
  • 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

Closed on
Aug 17, 2023
Sold by
Cheng Yu-Wen
Bought by
Siron Steven Neal
Current Estimated Value
$252,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Outstanding Balance
$186,819
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$65,942

Purchase Details

Closed on
Jun 5, 2020
Sold by
Henry Brendan L
Bought by
Cheng Yu Wen

Purchase Details

Closed on
Sep 30, 2015
Sold by
Kremonas Nicholas J and Kremonas Star A
Bought by
Henry Brendan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2007
Sold by
Kremonas Nicholas J
Bought by
Kremonas Nicholas J Tr

Purchase Details

Closed on
Oct 20, 2006
Sold by
Kremonas Nicholas J
Bought by
Kremonas Nicholas J Tr
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
Siron Steven Neal $242,000 Title Forward
Siron Steven Neal $242,000 Title Forward
Cheng Yu Wen $170,100 Gpn Title Inc
Henry Brendan L $165,000 Attorney
Kremonas Nicholas J Tr -- --
Kremonas Nicholas J Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siron Steven Neal $191,200
Closed Siron Steven Neal $191,200
Previous Owner Henry Brendan L $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Price Changed $200,000 0.0% $234 / Sq Ft
03/29/2022 03/29/22 Sold $200,000 0.0% $234 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $200,000 0.0% $234 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $200,000 -- $234 / 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 $2,737 $220,000 $66,000 $154,000
2024 $2,737 $206,667 $0 $0
2023 $2,565 $193,333 $0 $0
2022 $2,316 $180,000 $54,000 $126,000
2021 $2,103 $165,000 $0 $0
2020 $0 $150,000 $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

  • Suzanne Marsh

    Seller's Agent in 2022

    Suzanne Marsh

    Marsh Realty

    (301) 748-1134

    1 in this area

    93 Total Sales

    Suzanne Marsh
    Section Image
  • Fred Mohseni

    Buyer's Agent in 2022

    Fred Mohseni

    Samson Properties

    (202) 704-5931

    24 in this area

    195 Total Sales

    Fred Mohseni
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2034214

Bright MLS

APN: 02-02328020

Maryland Montgomery County Germantown 20874

20257 Shipley Terrace Unit 5-A-30, Germantown, MD

Not Listed for Sale

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