NOT LISTED FOR SALE

105 Timberbrook Ln Unit 304 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $420,000 - $472,000

3 Beds
3 Baths
1,771 Sq Ft
$250/mo HOA Fee

Last Sold March 15, 2021

Last sale price $350,000 $198 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,031/month

Highlights

  • Penthouse
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Fields Road Elementary School Rated A-
  • Brick Front

About This Home

As of March 2021

LUXURY CONTEMPORARY 2 LEVEL PENTHOUSE CONDO W/SPACIOUSLOFT. 2 MASTER BEDROOM SUITES WITH TWO FULL BATH AND THIRD BEDROOMIN THE LOFT. GOURMET KITCHEN, HARDWOOD FLOOR. WATER HEATER ,AC UNIT REPLACED 2017.

Last Agent to Sell the Property

Jinny Choi

Realty 1 Maryland, LLC Listed on: 02/03/2021

Last Buyer's Agent

Jinny Choi

Realty 1 Maryland, LLC Listed on: 02/03/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1995

Lot Details

  • 3,441

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 1,771 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160903096732

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,763

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: LUXURY CONTEMPORARY 2 LEVEL PENTHOUSE CONDO W/SPACIOUSLOFT. 2 MASTER BEDROOM SUITES WITH TWO FULL BATH AND THIRD BEDROOMIN THE LOFT. GOURMET KITCHEN, HARDWOOD FLOOR. WATER HEATER ,AC UNIT REPLACED 2017.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1771
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 198.76
  • Above Grade Finished Sq Ft: 1771
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 220500.00
  • Land Assessed Value: 94500.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: CB
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979191
  • Tax Annual Amount: 3763.00
  • Assessor Parcel Number: 160903096732
  • Tax Total Finished Sq Ft: 1771
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/15/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 11, 2021
Sold by
Cho Young H
Bought by
Park Andrew John
Seller's Agent
Jinny Choi
Realty 1 Maryland, LLC
Buyer's Agent
Jinny Choi
Realty 1 Maryland, LLC
List Price
$352,000
Sold Price
$350,000
Premium/Discount to List
-$2,000
-0.57%
Current Estimated Value
$444,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,452
Avg. Annual Appreciation
5.32%
Original Mortgage
$250,000
Outstanding Balance
$225,355
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$215,867

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 21, 2015
Sold by
Mitchev Vladimir D and Dimkova Dimitrina N
Bought by
Cho Young H
Seller's Agent
Arleen Probst
Long & Foster Real Estate, Inc.
Buyer's Agent
Jinny Choi
Realty 1 Maryland, LLC
List Price
$334,500
Sold Price
$324,500
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$243,375
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2000
Sold by
Rich Lawrence A
Bought by
Mitchev Vladimir D and Dimkova Dimitrina N

Purchase Details

Closed on
Oct 26, 1998
Sold by
Rich Lawrence A
Bought by
Rich Lawrence A and Rich K

Purchase Details

Closed on
Apr 28, 1995
Sold by
Conservancy Lc
Bought by
Rich Lawrence A
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
Park Andrew John $350,000 Amerikor Title & Escrow Llc
Cho Young H $324,500 Vision Title & Escrow Llc
Mitchev Vladimir D $139,500 --
Rich Lawrence A -- --
Rich Lawrence A -- --
Rich Lawrence A $138,820 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Andrew John $250,000
Previous Owner Cho Young H $243,375
Previous Owner Mitchev Vladimir D $245,600
Previous Owner Mitchev Vladimir D $251,250
Previous Owner Mitchev Vladimir D $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $350,000 -0.6% $198 / Sq Ft
02/03/2021 02/03/21 For Sale $352,000 0.0% $199 / Sq Ft
11/19/2018 11/19/18 Rented $1,950 0.0% --
11/17/2018 11/17/18 Under Contract -- -- --
11/13/2018 11/13/18 For Rent $1,950 0.0% --
07/22/2015 07/22/15 Sold $324,500 -3.0% $183 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $334,500 -- $189 / 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
2025 $4,369 $341,667 -- --
2024 $4,369 $328,333 $0 $0
2023 $4,868 $315,000 $94,500 $220,500
2022 $3,266 $306,667 $0 $0
2021 $3,178 $298,333 $0 $0
2020 $6,120 $290,000 $87,000 $203,000
2019 $3,072 $290,000 $87,000 $203,000
2018 $3,085 $290,000 $87,000 $203,000
2017 $3,593 $315,000 $0 $0
2016 $3,232 $308,333 $0 $0
2015 $3,232 $301,667 $0 $0
2014 $3,232 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC743458

Bright MLS

APN: 09-03096732