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13254 Meander Cove Dr #24, Germantown, MD, 20874

1beds
1baths
1,005sqft
$259,900
$259price/sqft
$1,957/moest. monthly cost
$78,280/yrincome needed

About This Home

Welcome to this beautifully renovated, move-in ready one-bedroom, one-bath condominium in the desirable Waters Edge at North Lake community in Germantown. Located on the second (top) floor, this 1,005-square-foot home features soaring ceilings, abundant natural light, and an open floor plan that creates a spacious, inviting atmosphere. The renovated kitchen is a standout, featuring new quartz countertops, new cabinetry, a new stylish tile backsplash, new stainless steel appliances, and generous workspace for everyday living and entertaining. Fresh neutral paint throughout provides a bright, modern backdrop that's ready for your personal style. The spacious bedroom offers excellent closet space, while the updated bathroom features new flooring and new faucets. A new HVAC system (2026) adds comfort and peace of mind. Ideally located just moments from scenic Lake Churchill, you'll enjoy easy access to trails, nature, and outdoor recreation, all while remaining close to shopping, restaurants, major commuter routes, and everyday conveniences. Move right in and enjoy the perfect combination of comfort, style, and location. Listing Broker has an ownership interest in the property.

Getting Around

12
WalkingCar-Dependent
31
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

3/10
5/10
Seneca Valley High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater
  • Laundry features: In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,005

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,005
  • Total interior livable area: 1,005 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160202686472
  • Attached to another structure: Yes
  • Zoning: 118
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community

Parking

  • Total spaces: 1
  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$50$600
Property Taxes $312$3,744
Electricity $281$3,374
Total$1,957$23,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,097/yr
40% on housing$58,710/yr
45% on housing$52,186/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 20874$183
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20874$239
Montgomery County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-18Contingent$259,900
2026-07-25Listed for sale$259,900
2016-01-08Sold$105,000
2015-08-22Price change$105,000
2015-06-05Price change$138,920
2015-04-30Price change$141,940
2015-04-07Price change$144,960
2015-02-12Price change$151,000
2014-12-27Price change$149,900
2014-12-17Price change$160,000
2014-12-13Listed for sale$199,999
2007-08-31Sold$208,000
2001-07-30Sold$75,500
1995-05-08Sold$78,071

For Sale by Agent

AgentSherri Ledner
BrokerageRadiant Real Estate, LLC

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