NOT LISTED FOR SALE

20818 Mountain Lake Terrace Germantown, MD 20874

Estimated Value: $454,000 - $501,000

3 Beds
4 Baths
1,626 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $385,800 $237 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,031/month

46 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 1 Car Direct Access Garage
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Game Room
  • Living Room

About This Home

As of October 2021

Lovely town-home, 3 bed rooms, two full bath and 2 half bath. All 3 floors are above ground. Open floor plan, bright living room, convenient kitchen and new granite counter tops. Large deck off Kitchen adds a 3rd dimension to this home. Walkout to fenced back yard from the lower level. one car garage. Close to everything! Very easy access to I270, MARC train, and shopping center.

Last Agent to Sell the Property

Wayne Ho

(202) 997-6166 wxh1@live.com Libra Realty, LLC License #SP98373614 Listed on: 08/12/2021

Last Buyer's Agent

Ken Tran

(240) 888-5888 kentran888@gmail.com EXP Realty, LLC License #633715

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1997

Lot Details

  • 3,441

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,626 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160203159885

Community Details

Overview

  • Association fees include lawn care front, lawn maintenance, management, insurance, reserve funds, snow removal, trash
  • Cloverleaf Townhomes Subdivision, Wingate Floorplan
  • Cloverleaf Twnhs Community

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,101

Year Built

Built in 1997

Lot Details

0

HOA Fees

$145 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2021-08-18
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Walkout Level
  • Total Sq Ft: 1626
  • Living Area Sq Ft: 1626
  • Price Per Sq Ft: 239.11
  • Above Grade Finished Sq Ft: 1626
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 145.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Maintenance, Management, Insurance, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 224000.00
  • Land Assessed Value: 96000.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14071382
  • Tax Annual Amount: 4101.00
  • Assessor Parcel Number: 160203159885
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 28, 2021
Sold by
Glennon Investment Llc
Bought by
Madison Patrick M and Pham Kathy Thi
Seller's Agent
Wayne Ho
Libra Realty, LLC
Buyer's Agent
Ken Tran
EXP Realty, LLC
List Price
$398,000
Sold Price
$385,800
Premium/Discount to List
-$12,200
-3.07%
Current Estimated Value
$477,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,549
Avg. Annual Appreciation
5.32%
Original Mortgage
$381,757
Outstanding Balance
$349,814
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$127,535

Purchase Details

Closed on
Mar 22, 2002
Sold by
Roland Ralph
Bought by
Roland Ralph

Purchase Details

Closed on
Feb 21, 2001
Sold by
Brown Ian
Bought by
Roland Ralph

Purchase Details

Closed on
Dec 10, 1996
Sold by
Nvr Homes Inc
Bought by
Brown Ian and Brown K
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
Madison Patrick M $388,800 Regency Title & Escrow Of Md
Roland Ralph -- --
Roland Ralph $175,000 --
Brown Ian $150,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Patrick M $381,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $385,800 -0.8% $237 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $388,800 -2.3% $239 / Sq Ft
08/12/2021 08/12/21 Price Changed $398,000 0.0% $245 / Sq Ft
08/12/2021 08/12/21 For Sale $398,000 0.0% $245 / Sq Ft
07/31/2019 07/31/19 Rented $2,000 0.0% --
07/19/2019 07/19/19 For Rent $2,000 +2.6% --
12/15/2012 12/15/12 Rented $1,950 0.0% --
12/07/2012 12/07/12 Under Contract -- -- --
11/03/2012 11/03/12 For Rent $1,950 0.0% --
10/09/2012 10/09/12 Sold $245,000 -2.0% $151 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $249,900 -- $154 / 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 $4,598 $370,000 $111,000 $259,000
2024 $4,598 $365,000 $0 $0
2023 $3,828 $360,000 $0 $0
2022 $3,588 $355,000 $106,500 $248,500
2021 $4,101 $343,333 $0 $0
2020 $3,807 $331,667 $0 $0
2019 $3,807 $320,000 $96,000 $224,000
2018 $3,461 $313,333 $0 $0
2017 $3,510 $306,667 $0 $0
2016 -- $300,000 $0 $0
2015 $3,594 $293,333 $0 $0
2014 $3,594 $286,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2008928

Bright MLS

APN: 02-03159885