NOT LISTED FOR SALE

103 Timberbrook Ln Unit 202 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $383,000 - $401,000

2 Beds
2 Baths
1,177 Sq Ft
$260/mo HOA Fee

Last Sold October 16, 2017

Last sale price $287,000 $244 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,738/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Upgraded Countertops
  • Fields Road Elementary School Rated A-
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of October 2017

A-1 Condition.This well maintained Condo absolutely gorgeous.Light filled LR.w/gas FP. & large sliding door leads to balcony over looking to wooded view. MBR. w/dressing area & private full bath. Upgraded KT.w/granite counter top open to DR. Crown molding around. So convenient location-near 270,370, Metro station, bus stop right there, Near Rio, for entertainment.It won;t be last long.

Last Agent to Sell the Property

Myung Lee

Weichert, REALTORS License #307058 Listed on: 08/20/2017

Weichert, REALTORS

Last Buyer's Agent

Dede Burrell

RE/MAX Realty Group

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1995

Lot Details

  • Property is in very good condition

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Parking

  • Handicap Parking
  • Off-Street Parking

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Lateral or Tap Off Main
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 160903089020
  • $167 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1995

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1995
  • Remarks Public: A-1 Condition.This well maintained Condo absolutely gorgeous.Light filled LR.w/gas FP. & large sliding door leads to balcony over looking to wooded view. MBR. w/dressing area & private full bath. Upgraded KT.w/granite counter top open to DR. Crown molding around. So convenient location-near 270,370, Metro station, bus stop right there, Near Rio, for entertainment.It won;t be last long.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Icemaker, Microwave, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Upgraded Countertops, Crown Moldings, Primary Bath(s), Window Treatments, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 244.69
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Tar/Gravel, Built-Up, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Lateral/Tap Off Main, Grinder Pump
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 260.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979040
  • Tax Annual Amount: 3611.32
  • Assessor Parcel Number: 160903089020
  • Tax Total Finished Sq Ft: 1177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/16/2017

Multi Family

  • Front Foot Fee: 166.60

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2017
Closed on
Oct 16, 2017
Sold by
Lee Stephen J
Bought by
Modric Sanja
Seller's Agent
Myung Lee
Weichert, REALTORS
Buyer's Agent
Dede Burrell
RE/MAX Realty Group
List Price
$288,000
Sold Price
$287,000
Premium/Discount to List
-$1,000
-0.35%
Current Estimated Value
$392,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,789
Avg. Annual Appreciation
4.15%
Original Mortgage
$228,800
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Cho Duck H
Bought by
Lee Stephen J

Purchase Details

Closed on
Jan 31, 2005
Sold by
Cho Duck H
Bought by
Lee Stephen J

Purchase Details

Closed on
Feb 23, 2000
Sold by
Poon Siu F Y
Bought by
Cho Duck H

Purchase Details

Closed on
Mar 15, 1995
Sold by
Conservancy Lc
Bought by
Poon Siu F Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
8.89%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Modric Sanja $287,000 None Available
Lee Stephen J $295,000 --
Lee Stephen J $295,000 --
Lee Stephen J $295,000 --
Lee Stephen J $295,000 --
Cho Duck H $120,000 --
Poon Siu F Y $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modric Sanja $251,000
Closed Modric Sanja $253,000
Closed Modric Sanja $228,000
Closed Modric Sanja $228,800
Previous Owner Lee Stephen $28,700
Previous Owner Lee Stephen J $244,000
Previous Owner Poon Siu F Y $87,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $287,000 -0.3% $244 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/20/2017 08/20/17 For Sale $288,000 -- $245 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,935 $295,000 $0 $0
2023 $2,966 $275,000 $82,500 $192,500
2022 $3,401 $270,000 $0 $0
2021 $2,756 $265,000 $0 $0
2020 $5,363 $260,000 $78,000 $182,000
2019 $2,692 $260,000 $78,000 $182,000
2018 $2,703 $260,000 $78,000 $182,000
2017 $2,908 $260,000 $0 $0
2016 $2,828 $255,000 $0 $0
2015 $2,828 $250,000 $0 $0
2014 $2,828 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000159377

Bright MLS

APN: 09-03089020