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20605 Summer Sweet Terrace

20605 Summer Sweet Terrace, Germantown, MD 20876
Property in Germantown
Sold Sep 30, 2015
$490,000
$392,000 by M & T Bank
Mortgage Due Oct 01, 2045
Sold Feb 07, 1997
$273,016
20605 Summer Sweet Terrace in Germantown, MD was first built in 1996 and is 28 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 20605 Summer Sweet Terrace has 3,143 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 400 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 8,405 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. For those who need parking, there is a mixed used garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20605 Summer Sweet Terrace sold most recently in Sep 18, 2015 for a total of $490,000. If you work out the math, that's approximately a cost of $178.64 per sqft. Before that, the property was also sold for $273,016 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,958 in taxes each year. The initial year of tax delinquency occurred in 2021. 20605 Summer Sweet Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $529,867. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 400
  • Garage Type: Mixed use
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,405
  • Total Building Area: 2,743
  • Gross Building Area: 2,743
  • Building Area: 2,743
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,143
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SENECA VISTA ESTATES
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SENECA VISTA ESTATES

Ownership

  • Current Owner : NWOSU CHIBUZOR
  • Previous Owner : WHITE II MELVIN JOSEPH
  • Previous Owner 2: MINTZ WHITE SHERYL BETH
  • Owner Before Previous Owner: PATRIOT HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700313

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: EU63
  • Account Number: 03091956
  • District: 02
  • Parcel: 02-03091956
  • Block: A
  • Lot: 8
  • Latitude: 39.1942
  • Longitude: -77.2477

    Address

  • Full Address: 20605 Summer Sweet Ter
  • Address - House Number: 20605
  • Address - Street Name: Summer Sweet
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Germantown
  • Carrier Code: C023
  • 4-Digit Zip Code: 3904
  • Zip Code: 20876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,958
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 720,605
  • High Value: 827,686
  • Low Value: 613,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2015
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: Oct 01, 2045

    Market Valuation

  • Market Total Value: $547,000
  • Market Land Value: $171,900
  • Market Improvement Value: $375,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2015
  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Transaction ID: 1367387532
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 07, 1997
  • Previous Sale Amount: $273,016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Sep 30, 2015
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

About Germantown



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Unit for rent at 20342 Cider Barrel Drive, GERMANTOWN, MD, 20876

$3,200 /mo

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20342 Cider Barrel Drive, GERMANTOWN, MD, 20876 Listing by Joe Hawkins

Frequently Asked Questions

What neighborhood is 20605 Summer Sweet Terrace located in?
The 20605 Summer Sweet Terrace is a located in the neighborhood of Germantown in Germantown, Germantown.
What is the average sales price for listings in 20605 Summer Sweet Terrace?
The average sales price for units in 20605 Summer Sweet Terrace is $0 currently.

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