$190,000
SOLD APR 14, 2025

20205 Shipley Terrace Unit 301 Germantown, MD 20874

1 Bed
1 Bath
750 Sq Ft
$500/mo HOA Fee

Recently Sold

$253 Per Sq Ft

3% Above List Price

20 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Community Pool
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of April 2025

Back on the market - buyer's financing fell through. FHA Approved Community & condo falls within a community reinvestment area and may qualify for a discounted interest rate! Don't miss out!!

Experience the charm of this beautifully updated condo in Germantown’s sought-after Lakeview community! The sunlit open floor plan features gleaming hardwood floors and a neutral palette, perfect for any style. The kitchen boasts granite countertops, rich wood cabinetry, and a custom tile backsplash, ideal for cooking or entertaining. The spacious primary suite offers a large closet, hardwood flooring, and an attached dual-entry full bath. Enjoy serene, tree-lined views from your private balcony. Recent updates include a new water heater (2023) and HVAC system (December 2021). Community amenities include a clubhouse, two pools, and sports courts. A must-see for comfort and convenience!

Last Agent to Sell the Property

Nicole Moreno

Northrop Realty License #5009675

Northrop Realty

Co-Listed By

Patrick Komiske

Northrop Realty License #596755

Last Buyer's Agent

Karina Diaz

RE/MAX Excellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1983

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 750 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 160202268860

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Lakeview Codm Community
  • Lakeview Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,200

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Back on the market - buyer's financing fell through. FHA Approved Community & condo falls within a community reinvestment area and may qualify for a discounted interest rate! Don't miss out!! Experience the charm of this beautifully updated condo in Germantown’s sought-after Lakeview community! The sunlit open floor plan features gleaming hardwood floors and a neutral palette, perfect for any style. The kitchen boasts granite countertops, rich wood cabinetry, and a custom tile backsplash, ideal for cooking or entertaining. The spacious primary suite offers a large closet, hardwood flooring, and an attached dual-entry full bath. Enjoy serene, tree-lined views from your private balcony. Recent updates include a new water heater (2023) and HVAC system (December 2021). Community amenities include a clubhouse, two pools, and sports courts. A must-see for comfort and convenience!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Wood Floors, Walk-In Closet(s)
  • Window Features: Double Pane, Screens, Vinyl Clad
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Laundry
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 750
  • Living Area Sq Ft: 750
  • Price Per Sq Ft: 246.53
  • Above Grade Finished Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20205

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Secure Storage
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Septic, Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2200.00
  • Assessor Parcel Number: 160202268860
  • Tax Total Finished Sq Ft: 750
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/14/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $190,000 +2.8% $253 / Sq Ft
02/20/2025 02/20/25 For Sale $184,900 -- $247 / Sq Ft
Source: Bright MLS

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 $2,200 $160,000 $0 $0
2023 $2,815 $155,000 $0 $0
2022 $1,209 $150,000 $45,000 $105,000
2021 $1,099 $136,667 $0 $0
2020 $1,858 $123,333 $0 $0
2019 $1,541 $110,000 $33,000 $77,000
2018 $728 $106,667 $0 $0
2017 $696 $103,333 $0 $0
2016 $510 $100,000 $0 $0
2015 $510 $96,667 $0 $0
2014 $510 $93,333 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,558 New Conventional
Previous Owner $130,000 New Conventional
Previous Owner $142,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $190,000 Harvest Title
Deed $150,000 Express Title Company
Deed $105,000 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2167036

Bright MLS

APN: 02-02268860