NOT LISTED FOR SALE

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
$497,888

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
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

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
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

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