NOT LISTED FOR SALE

41 Lake Park Ct Germantown, MD 20874

Estimated Value: $460,576 - $504,000

3 Beds
3.5 Baths
1,678 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $355,000 $212 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,067/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Lake Privileges
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Lake View
  • Colonial Architecture

About This Home

As of June 2020

* TAKE VIRTUAL 3D TOUR ONLINE * Amazing value! Stunning lake views from all three levels of this end unit. 3 BR + 2 BA up, master suite with high ceilings. Main level open floorplan with hardwood floors + half bath. Walkout basement with fireplace, and beautiful built-in + full bath. New carpet throughout, freshly painted throughout, new appliances & light fixtures. Perfect 10, come get settled in time for Spring to enjoy your nice calm lake retreat.

Last Agent to Sell the Property

Stanley Barsch

(240) 882-8512 stanley@barschrealty.com Barsch Realty, LLC Listed on: 02/28/2020

Last Buyer's Agent

Maria Kolick

(301) 529-5025 mariakolick@gmail.com RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1987

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Property is near a lake
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160202749694

Community Details

Overview

  • Association fees include common area maintenance, management, parking fee, reserve funds, road maintenance, snow removal
  • Willow Cove Twnh Community
  • Willow Cove Townhomes Subdivision

Recreation

  • Community Playground
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,434

Year Built

Built in 1987

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Rear Entrance, Outside Entrance, Interior Access, Fully Finished
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 1678
  • Price Per Sq Ft: 263.55
  • Above Grade Finished Sq Ft: 1328
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 338
  • Total Below Grade Sq Ft: 688
  • 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
  • View: Water, Lake, Trees/Woods
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 104.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 45.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Reserve Funds, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199200.00
  • Land Assessed Value: 125000.00
  • Property Condition: Very Good
  • Zoning: TS
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13798898
  • Tax Annual Amount: 3434.00
  • Assessor Parcel Number: 160202749694
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jun 15, 2020
Sold by
Berry Shanda
Bought by
Osburn Jillian R and Scher Scott
Seller's Agent
Stanley Barsch
Barsch Realty, LLC
Buyer's Agent
Maria Kolick
RE/MAX Realty Centre, Inc.
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Current Estimated Value
$483,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,894
Avg. Annual Appreciation
5.93%
Original Mortgage
$337,250
Outstanding Balance
$298,383
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$185,511

Purchase Details

Closed on
Aug 29, 2005
Sold by
Fegani Mark A
Bought by
Berry Shanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2005
Sold by
Fegani Mark A
Bought by
Berry Shanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2004
Sold by
Fegani Mark A
Bought by
Fegani Mark A

Purchase Details

Closed on
Oct 24, 2002
Sold by
Williamson Catherine K
Bought by
Fegani Mark A
Source: Public Records

Range of Values:

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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
Osburn Jillian R $355,000 Home Settlement Centre Llc
Berry Shanda $340,000 --
Berry Shanda $340,000 --
Berry Shanda $340,000 --
Berry Shanda $340,000 --
Fegani Mark A -- --
Fegani Mark A $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osburn Jillian R $337,250
Previous Owner Berry Shanda $34,000
Previous Owner Berry Shanda $272,000
Previous Owner Berry Shanda $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $355,000 0.0% $212 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/16/2020 05/16/20 Off Market $355,000 -- --
05/12/2020 05/12/20 Price Changed $350,000 -5.1% $209 / Sq Ft
03/27/2020 03/27/20 Price Changed $369,000 -1.6% $220 / Sq Ft
03/12/2020 03/12/20 Price Changed $375,000 -1.3% $223 / Sq Ft
02/28/2020 02/28/20 For Sale $379,900 -- $226 / 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 $4,569 $387,600 $125,000 $262,600
2024 $4,569 $366,467 $0 $0
2023 $4,309 $345,333 $0 $0
2022 $3,901 $324,200 $125,000 $199,200
2021 $3,724 $312,600 $0 $0
2020 $7,150 $301,000 $0 $0
2019 $6,870 $289,400 $125,000 $164,400
2018 $3,382 $284,833 $0 $0
2017 $3,404 $280,267 $0 $0
2016 $3,494 $275,700 $0 $0
2015 $3,494 $274,700 $0 $0
2014 $3,494 $273,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC697798

Bright MLS

APN: 02-02749694