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20061 Placid Lake Ter

Germantown, MD 20874

3 bd 4 ba 2,084 sqft Built 1989 Lot 1,753 sqft townhomes
Most recent sale
$491,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $491,000 MLS #MDMC2045818
Apr 19, 2022 Listed $465,000 MLS #MDMC2045818
Mar 11, 2014 Sold $350,000 Public Record
Jan 25, 2014 Listing removed $354,900 MRIS
Jan 17, 2014 Listed $354,900 MLS #MC8255278
Apr 28, 2005 Sold $345,000 Public Record
Feb 8, 1989 Sold $155,363 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $482,000 $5,293
2024 $482,000 $4,865
2023 $431,333 $5,996
2022 $410,867 $4,169
2021 $265,400 $125,000 $390,400 $3,894
2020 $373,000 $3,681
2019 $355,600 $3,476
2018 $218,200 $120,000 $338,200 $3,283
2017 $324,867 $3,201
2016 $178,200 $120,000 $298,200 $2,826
2015 $178,200 $120,000 $298,200 $2,890
2014 $298,200 $2,929
2013 $298,200 $2,997
2012 $308,900 $2,996
2011 $308,900 $3,234
2010 $308,900 $3,087
2009 $394,230 $3,511
2008 $394,230 $2,584

Property facts

Year built
1989
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,084 sqft
Lot size
1,753 sqft
ZIP code
20874
City
Germantown
Street
Placid Lake Ter
Coordinates
39.18587, -77.29461

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,126
Gross rental yield
7.64%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 20061 Placid Lake Ter last sell?
20061 Placid Lake Ter most recently sold on May 26, 2022 for $491,000.
What is the current tax assessment for 20061 Placid Lake Ter?
The most recent total assessment for 20061 Placid Lake Ter (year 2025) is $482,000 with $5,293 in property tax.
How does 20061 Placid Lake Ter's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $491,000.
When was 20061 Placid Lake Ter built?
20061 Placid Lake Ter was built in 1989.
How does 20061 Placid Lake Ter compare to others on Placid Lake Ter?
We track 8 other properties on Placid Lake Ter. Browse the list under "Other properties on Placid Lake Ter" to compare beds, baths, and sale history.
What are the property facts for 20061 Placid Lake Ter?
20061 Placid Lake Ter is a 3 bed, 4 bath, 2,084 sqft, 1,753 sqft lot townhomes.
Is 20061 Placid Lake Ter a flip candidate?
No — 20061 Placid Lake Ter does not appear in our flips dataset.
Is 20061 Placid Lake Ter a tax-appeal candidate?
No — 20061 Placid Lake Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.5%
2026 Q3
$410.3K
2026 Q4
$400.2K
ZIP 20874 — Median Price History + Forecast

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