NOT LISTED FOR SALE

111 Timberbrook Ln Unit 302 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $395,000 - $437,000

2 Beds
2 Baths
1,771 Sq Ft
$270/ mo HOA Fee

Last Sold July 10, 2018

Last sale price $329,000 $186 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,772/month

18 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Two Story Ceilings
  • Fields Road Elementary School Rated A-
  • Property is near park
  • Backs to Trees or Woods

About This Home

As of July 2018

Rarely available, PENTHOUSE, 2 LEVEL CONDO IN MINT CONDITION!, Renovated eat-in kitchen with New granite counter tops, new appliances, renovated baths & much more. Light filled Living room w/HW's and gas fireplace. Large sliding glass doors leads to balcony overlooking a lush beautiful wooded preserve. Close to Crown. and Shady Grove Metro! Loads of parking space! Open House- 6/03/18 1-4pm

Last Agent to Sell the Property

Lauren Hatten

(240) 497-1700 lauren.hatten@longandfoster.com Long & Foster Real Estate, Inc. License #587126 Listed on: 05/18/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Catherine Lee

(301) 640-1088 ccrealty88@gmail.com Global One Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 1995

Lot Details

  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • Free Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,771 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • Association fees include management, lawn maintenance, insurance, snow removal, trash
  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 160903111601
  • $167 Front Foot Fee per year

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,287

Year Built

Built in 1995

Lot Details

2,657 Sq Ft Lot

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1995
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Single, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Upgraded Countertops, Crown Moldings, Primary Bath(s), Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings
  • Entry Location: Top Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1771
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 185.77
  • Above Grade Finished Sq Ft: 1771
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • 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: 270.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Lawn Maintenance, Insurance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Lot Features: Backs - Parkland, Backs To Trees
  • Property Condition: Very Good
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979378
  • Tax Annual Amount: 4286.67
  • Assessor Parcel Number: 160903111601
  • County Tax Payment Frequency: Annually
  • Tax Year: 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
May 18, 2018
Closed on
Jul 10, 2018
Sold by
Bowman Tyson M and Jeeferys Kelly J
Bought by
Wu Zhusenru
Seller's Agent
Lauren Hatten
Long & Foster Real Estate, Inc.
Buyer's Agent
Catherine Lee
Global One Realty
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$416,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,149
Avg. Annual Appreciation
3.12%
Original Mortgage
$246,700
Outstanding Balance
$149,272
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$266,877

Purchase Details

Listed on
Jan 24, 2014
Closed on
May 16, 2014
Sold by
Page David
Bought by
Bowman Tyson M and Jefferys Kelly J
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Lauren Hatten
Long & Foster Real Estate, Inc.
List Price
$325,000
Sold Price
$317,500
Premium/Discount to List
-$7,500
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$269,875
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2006
Sold by
Philip Philip M
Bought by
Page David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,209
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 14, 1995
Sold by
Conservancy Lc
Bought by
Mandel Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,350
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Zhusenru $329,000 Icon Title Llc
Bowman Tyson M $317,500 Sage Title Group Llc
Page David $359,000 --
Mandel Philip $142,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zhusenru $246,700
Previous Owner Bowman Tyson M $269,875
Previous Owner Page David $54,209
Previous Owner Mandel Philip $112,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2018 07/10/18 Sold $329,000 0.0% $186 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $329,000 0.0% $186 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $329,000 +3.6% $186 / Sq Ft
05/16/2014 05/16/14 Sold $317,500 +0.8% $179 / Sq Ft View Prior Sale
04/24/2014 04/24/14 Pending -- -- --
03/12/2014 03/12/14 Price Changed $315,000 -3.1% $178 / Sq Ft
02/09/2014 02/09/14 For Sale $325,000 0.0% $184 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $325,000 -- $184 / Sq Ft
Source: Bright MLS

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 $3,484 $315,000 $94,500 $220,500
2022 $3,266 $306,667 $0 $0
2021 $3,178 $298,333 $0 $0
2020 $1,530 $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 $3,595 $315,000 $0 $0
2016 -- $308,333 $0 $0
2015 $3,202 $301,667 $0 $0
2014 $3,202 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001512966

Bright MLS

APN: 09-03111601

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