$225,000
SOLD DEC 13, 2024

20252 Shipley Terrace Unit 1016C Germantown, MD 20874

2 Beds
1 Bath
855 Sq Ft
$500/mo HOA Fee

Recently Sold

$263 Per Sq Ft

1% Below List Price

26 Days on Market

Highlights

  • Penthouse
  • Transitional Architecture
  • Breakfast Room
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • Community Pool
  • Jogging Path

About This Home

As of December 2024

This beautiful updated 2-bedroom condo is ready for the pickiest of buyers. This incredible home is located in the highly sought after Lakeview community. Walk in and embrace the gleaming luxury vinyl under the freshly painted walls and the recessed lighting. The spacious living room area is great for family time or entertaining. The eat-in kitchen includes granite counters, a spacious pantry, a beautiful backsplash, additional custom cabinetry and more. You will love the updated bathroom that will make the morning and evening showers enjoyable. The private patio is the perfect place to relax or easy access for play or to get out to walk your pet. And when you think of location, you are steps away from the lake, minutes from I270, Germantown Town Center, the county library, BlackRock Center for The Arts, Starbucks, fine dining and more. This home is a must see!

Last Agent to Sell the Property

Steve Queen

Bennett Realty Solutions License #600593

Bennett Realty Solutions

Last Buyer's Agent

Balaram Owens

RLAH @properties

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1983

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 855 Sq Ft Home
  • Property has 1 Level
  • Entrance Foyer
  • Living Room
  • Breakfast Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160202328111

Community Details

Overview

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

Recreation

  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,507

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful updated 2-bedroom condo is ready for the pickiest of buyers. This incredible home is located in the highly sought after Lakeview community. Walk in and embrace the gleaming luxury vinyl under the freshly painted walls and the recessed lighting. The spacious living room area is great for family time or entertaining. The eat-in kitchen includes granite counters, a spacious pantry, a beautiful backsplash, additional custom cabinetry and more. You will love the updated bathroom that will make the morning and evening showers enjoyable. The private patio is the perfect place to relax or easy access for play or to get out to walk your pet. And when you think of location, you are steps away from the lake, minutes from I270, Germantown Town Center, the county library, BlackRock Center for The Arts, Starbucks, fine dining and more. This home is a must see!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Foyer, Breakfast Room
  • Basement: No
  • Total Sq Ft: 855
  • Living Area Sq Ft: 855
  • Price Per Sq Ft: 266.67
  • Above Grade Finished Sq Ft: 855
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20252

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • 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: 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
  • Sewer/Septic System: Public 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 Amenities: Jog/Walk Path, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Sewer, Snow Removal, Trash, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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
  • Year Assessed: 2024
  • Zoning: CONDO
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2507.00
  • Assessor Parcel Number: 160202328111
  • Tax Total Finished Sq Ft: 855
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/13/2024

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
12/13/2024 12/13/24 Sold $225,000 -1.3% $263 / Sq Ft
10/14/2024 10/14/24 For Sale $228,000 +14.6% $267 / Sq Ft
08/27/2021 08/27/21 Sold $199,000 +2.1% $233 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $194,900 0.0% $228 / Sq Ft
08/01/2018 08/01/18 Rented $1,400 0.0% --
08/01/2018 08/01/18 Under Contract -- -- --
07/05/2018 07/05/18 For Rent $1,400 +3.7% --
04/21/2016 04/21/16 Rented $1,350 +3.8% --
04/15/2016 04/15/16 Under Contract -- -- --
03/23/2016 03/23/16 For Rent $1,300 -- --
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 $2,507 $186,667 $0 $0
2023 $2,392 $178,333 $0 $0
2022 $2,206 $170,000 $51,000 $119,000
2021 $2,011 $156,667 $0 $0
2020 $1,841 $143,333 $0 $0
2019 $1,683 $130,000 $39,000 $91,000
2018 $1,641 $126,667 $0 $0
2017 $926 $123,333 $0 $0
2016 -- $120,000 $0 $0
2015 $831 $120,000 $0 $0
2014 $831 $120,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,395 FHA
Closed $6,965 Stand Alone Second
Previous Owner $5,000 Unknown
Previous Owner $205,000 Purchase Money Mortgage
Previous Owner $205,000 Purchase Money Mortgage
Previous Owner $10,000 Credit Line Revolving
Previous Owner $168,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $199,000 Tsb Title
Deed $205,000 --
Deed $205,000 --
Deed $115,000 --
Deed $69,900 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2152462

Bright MLS

APN: 02-02328111