20217 Shipley Terrace # 2-B-302
Germantown, MD, 20874 $ 225,000
Bedrooms2 Baths1.0 Sq 859 Monthly Estimate*
$ 1,421
for $225,000 with 2 bedrooms and 1 full bath. This 859 square foot condo was built in 1983.
Is Lakeview Condos one of Montgomery Countys best values? This top-floor unit makes a strong case. Beautifully updated and move-in ready, the home features fresh paint, ceramic tile, recessed lighting, and a recently updated kitchen with granite countertops, stainless steel appliances, glass-front cabinetry, and stylish finishes. The updated bath features glass tile accents, while the second bedroom offers custom built-ins for added character and storage. The exceptionally large primary bedroom easily accommodates a California king with room to spare. Additional highlights include a wood-burning fireplace with marble hearth and mantle, in-unit washer and dryer, double-pane vinyl windows approximately four years old, HVAC just one year old, and a private oversized balcony. The location is just as impressive. Lakeview connects directly to the Lake Churchill path system leading into Black Hill Regional Park and Little Seneca Lake, with miles of paved paths and trails plus boating, biking, fishing, and abundant wildlife. Community amenities include two pools, a clubhouse, basketball and tennis courts, with water, lake access, and paths included in the condo fee. Convenient to I-270, Germantown Town Center, Germantown Library, BlackRock Center for the Arts, Germantown Transit Center, restaurants, shopping, and more. A spacious, updated top-floor condo surrounded by nature while still close to everything Germantown has to offer. **FHA APPROVED** Some photos may be virtually staged.
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FeaturesGeneralLiving Area 859
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Zoning RESIDENTIAL
Association Fee Includes Common Area Maintenance Pool(s) Recreation Facility Reserve Funds Snow Removal Trash
Architectural Style Unit/Flat
Construction Materials Other
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1983
Levels 1
Unit Number 2-B-302
Tax Year 2026
Ownership Condominium
Cool Fuel Electric
Building Name LAKEVIEW CODM
Accessibility None
HOA Fee 2 500.00
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Basketball Courts Bike Trail Common Grounds Jog/Walk Path Party Room Pool - Outdoor Tennis Courts Tot Lots/Playground
HOA N
Subdivision Name LAKEVIEW
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Full Baths 1
Status ACTIVE
Directions GPS
City GERMANTOWN
Senior Community Y/N N
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2748.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 261.93
Vacation Rental Y/N N
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/smubizvodautvkanho1us/20217-Shipley-Terrace-Vertical.mp4?rlkey=vg8gm7b9898dz9svz851glxo1&raw=1
Standard Status Active
Year Built Source Assessor
Legal Subdivision LAKEVIEW CODM
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InteriorHeating Fuel Natural Gas
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 859
Half Baths 0
Central Air Y/N Y
Total Bedrooms 2
Entry Level 3
Main Level Bedrooms 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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ExteriorPool Yes - Community
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Waterfront Y/N N
Land Assessed Value 61500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byben@benwhiterealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,421
- Monthly Property Taxes
- $229
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Germantown, MD
Average List Price $320,613
Percent of Sale Price 42%
About Germantown, MD 91,559 Population
34% Since 2002
$ 86,071 Median Income
37.02 Median Age
40% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533413 Elementary School
3533471 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/2/2026 | $225,000 | | Listed Price |