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20061 Placid Lake Terrace

20061 Placid Lake Terrace, Germantown, MD 20874
Property in Germantown
Sold May 31, 2022
$491,000
$380,000 by Capital Area Taiwanese Federal
Mortgage Due Jun 01, 2052
Sold Mar 11, 2014
$350,000
$280,000 by Citibank Na
Mortgage Due Mar 01, 2044
20061 Placid Lake Terrace in Germantown, MD was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 20061 Placid Lake Terrace has 2,084 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 500 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,753 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 20061 Placid Lake Terrace was last sold in May 26, 2022 for $491,000. According to our calculations, that's $309.97 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Feb 26, 2014. Current property owners are expected to pay $5,997 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 20061 Placid Lake Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $431,333. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Assigned Parking
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,753
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHURCHILL TOWN
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CHURCHILL TOWN SECTO R SEC 9 TWNHS

Ownership

  • Current Owner : HUANG HSIAOPEI
  • Previous Owner : ELIEZER KATZ
  • Owner Before Previous Owner: BARBIERI MARK D
  • Owner Before Previous Owner 2: BARBIERI CHRISTINE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700310

Zoning

  • Zoning: TS

Geography

  • Assessors Map Reference: EU22
  • Account Number: 02756644
  • District: 02
  • Section: 9
  • Parcel: 02-02756644
  • Block: 16
  • Lot: 28
  • Latitude: 39.1859
  • Longitude: -77.2946

    Address

  • Full Address: 20061 Placid Lake Ter
  • Address - House Number: 20061
  • Address - Street Name: Placid Lake
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Germantown
  • Carrier Code: C003
  • 4-Digit Zip Code: 5408
  • Zip Code: 20874

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,997
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 538,960
  • High Value: 622,243
  • Low Value: 455,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: CAPITAL AREA TAIWANESE FEDERAL
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $451,800
  • Market Land Value: $140,000
  • Market Improvement Value: $311,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,333

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11888878945
  • Current Sale Price: $491,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 11, 2014
  • Previous Sale Contract Date: Feb 26, 2014
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL AREA TAIWANESE FEDERAL
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Mar 11, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2044

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Frequently Asked Questions

What neighborhood is 20061 Placid Lake Terrace located in?
The 20061 Placid Lake Terrace is a located in the neighborhood of Germantown in Germantown, Germantown.
What is the average sales price for listings in 20061 Placid Lake Terrace?
The average sales price for units in 20061 Placid Lake Terrace is $0 currently.

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