20936 Mountain Lake Terrace Germantown, MD 20874
Estimated Value: $490,000 - $515,000
3
Beds
3
Baths
1,496
Sq Ft
$337/Sq Ft
Est. Value
About This Home
This home is located at 20936 Mountain Lake Terrace, Germantown, MD 20874 and is currently estimated at $503,621, approximately $336 per square foot. 20936 Mountain Lake Terrace is a home located in Montgomery County with nearby schools including Waters Landing Elementary School, Dr. Martin Luther King, Jr. Middle School, and Seneca Valley High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2018
Sold by
Falade Babatunde and Falade Chantal D
Bought by
Lee Lashonda and Lee Robert
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 22, 2005
Sold by
Badhe Bipin
Bought by
Falade Babatunde
Purchase Details
Closed on
Dec 14, 2000
Sold by
Minayar Usman
Bought by
Badhe Bipin
Purchase Details
Closed on
Dec 2, 1997
Sold by
Nvr Homes Inc
Bought by
Minayar Usman and Minayar R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lee Lashonda | $345,000 | Title Forward | |
Falade Babatunde | $350,000 | -- | |
Badhe Bipin | $174,900 | -- | |
Minayar Usman | $150,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lee Lashonda | $335,298 | |
Closed | Lee Lashonda | $338,751 | |
Previous Owner | Falade Babatunde | $275,747 | |
Previous Owner | Falade Babatunde | $85,000 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $5,288 | $425,000 | $0 | $0 |
2023 | $5,557 | $390,000 | $0 | $0 |
2022 | $3,588 | $355,000 | $106,500 | $248,500 |
2021 | $3,409 | $343,333 | $0 | $0 |
2020 | $3,257 | $331,667 | $0 | $0 |
2019 | $6,229 | $320,000 | $96,000 | $224,000 |
2018 | $3,382 | $313,333 | $0 | $0 |
2017 | $3,366 | $306,667 | $0 | $0 |
2016 | -- | $300,000 | $0 | $0 |
2015 | $2,902 | $293,333 | $0 | $0 |
2014 | $2,902 | $286,667 | $0 | $0 |
Source: Public Records
Map
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