NOT LISTED FOR SALE

21217 Lake Spray Terrace Germantown, MD 20876

Estimated Value: $485,000 - $498,000

3 Beds
3.5 Baths
1,970 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $435,000 $221 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,146/month

6 Days on Market

Highlights

  • Doorman
  • Colonial Architecture
  • Vaulted Ceiling
  • William B. Gibbs Jr. Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2021

Welcome Home! This gorgeous 3-level condominium-townhouse has it all! Located in after sought Milestone Townhouse Condominium Community with an enjoyable community pool and its convenient location to tons of shopping centers, retail, dining, entertainment, walking paths, places of worship & much more. Situated near multiple routes for those who need to get to I-270 to head north or south. Easy access to Park and Ride-#70 the "bullet bus" that takes you right to Bethesda Red line and Black Hills Regional Park. Townhouse has 3 ample-bedrooms, 3 full bathrooms, one 1/2 bath on main level, master bedroom features vaulted ceilings, walk-in closet, in-suite bath with dual sink vanity separate shower and a large soaking bathtub. Loft over master bedroom presents multiple options for your private space, from reading room, tv room, meditation room etc. Hardwood floors throughout the whole TH from foyer, formal living and dining room, kitchenette and so on. Kitchen has newer appliances, backsplash and it's connected to a spacious, private deck to enjoy your morning coffee, tea or your favorite refreshing drink. The basement has a finished extra room that could be used as an office, one full bathroom, and it has a cozy fireplace connecting to an inviting patio. Perfect for entertaining. Newer HVAC system, new water heater, newer roof, freshly painted. Enjoy the community pool and tennis court this Summer! Well cared! Agents, Offers will be reviewed on Monday 04-05. Please follow COVID-19 preventive procedures when entering property and please check MLS documents for offer instructions. Thank you for showing!

Last Agent to Sell the Property

Rosario Hernandez-Sweeney

(240) 421-1572 casasmaryland@gmail.com Douglas Realty, LLC License #518532 Listed on: 03/31/2021

Douglas Realty, LLC

Last Buyer's Agent

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367

The Agency DC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1998

Lot Details

  • Property is in excellent condition

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Bar
  • Vaulted Ceiling
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • William B. Gibbs Jr. Elementary School
  • Rocky Hill Middle School
  • Clarksburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 160203235364
  • $346 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Milestone Townho Community
  • Milestone Townhouses Subdivision
  • Property Manager

Amenities

  • Doorman
  • Common Area

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,052

Year Built

Built in 1998

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Loft, Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Stove, Refrigerator, Washer, Dryer. See List of Inclusions.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-04-02
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Walk-In Closet(s), Studio, Wood Floors
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Levels Count: 3
  • Room List: Storage Room
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 1970
  • Living Area Sq Ft: 1970
  • Price Per Sq Ft: 269.74
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 450
  • Total Below Grade Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Refuse: 213.26
  • 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
  • Security: Doorman
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 168.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WILLIAM B. GIBBS JR.
  • High School: CLARKSBURG
  • Middle Or Junior School: ROCKY HILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 252000.00
  • Land Assessed Value: 108000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14077121
  • Tax Annual Amount: 4052.00
  • Assessor Parcel Number: 160203235364
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Front Foot Fee: 346.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Apr 28, 2021
Sold by
Bacigalupo Dino and Bacigalupo Claudia
Bought by
Yu Rose E and Arfaei Mahmoud Jahangiri
Seller's Agent
Rosario Hernandez-Sweeney
Douglas Realty, LLC
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$410,000
Sold Price
$435,000
Premium/Discount to List
$25,000
6.1%
Current Estimated Value
$491,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,611
Avg. Annual Appreciation
2.73%
Original Mortgage
$413,250
Outstanding Balance
$373,330
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,281

Purchase Details

Closed on
Jul 10, 2001
Sold by
Oh Justin D
Bought by
Bacigalupo Dino

Purchase Details

Closed on
Apr 14, 1999
Sold by
Beazer Homes Corp
Bought by
Oh Justin D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Rose E $435,000 Covenant Title & Escrow Llc
Bacigalupo Dino $215,000 --
Oh Justin D $185,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Rose E $413,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $435,000 +6.1% $221 / Sq Ft
04/20/2021 04/20/21 Price Changed $410,000 -5.7% $208 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/06/2021 04/06/21 Price Changed $435,000 +6.1% $221 / Sq Ft
03/31/2021 03/31/21 For Sale $410,000 0.0% $208 / Sq Ft
03/30/2021 03/30/21 Price Changed $410,000 -- $208 / 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 $4,674 $375,000 $112,500 $262,500
2024 $4,674 $370,000 $0 $0
2023 $5,287 $365,000 $0 $0
2022 $3,660 $360,000 $108,000 $252,000
2021 $3,424 $343,333 $0 $0
2020 $7,125 $326,667 $0 $0
2019 $6,720 $310,000 $90,000 $220,000
2018 $3,248 $300,000 $0 $0
2017 $3,147 $290,000 $0 $0
2016 $2,912 $280,000 $0 $0
2015 $2,912 $280,000 $0 $0
2014 $2,912 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750480

Bright MLS

APN: 02-03235364