NOT LISTED FOR SALE

125 Timberbrook Ln Unit 201 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $381,898 - $424,000

2 Beds
2 Baths
1,177 Sq Ft
$280/mo HOA Fee

Last Sold November 16, 2020

Last sale price $310,000 $263 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,717/month

Highlights

  • Colonial Architecture
  • Living Room
  • Forced Air Heating and Cooling System
  • Fields Road Elementary School Rated A-
  • Laundry Room
  • Dining Room

About This Home

As of November 2020

This spacious condo conveniently located in Timberbrook is filled with an abundance of natural sunlight and features 2 bedrooms and 2 full baths. Other features include living room w/ gas fireplace, dining area, renovated kitchen with beautiful quartz countertops, balcony and washer and dryer in unit. Fresh paint, newer HWH (3 years) and new furnace being installed. Minutes away from Muddy Branch shopping center, Downtown Crown, RIO and Kentlands. Don't miss this opportunity!

Last Agent to Sell the Property

Ellie Hitt

(240) 888-8448 ellie@homeswithellie.com RE/MAX Realty Centre, Inc. License #583006 Listed on: 10/16/2020

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Mary Ratchford

(240) 286-9862 Mary@MaryRatchford.com RE/MAX Plus License #RSR003321

RE/MAX Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1996

Lot Details

  • 2,439

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903152873
  • $178 Front Foot Fee per year

Community Details

Overview

  • Association fees include water, sewer
  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision
  • Property Manager

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1996

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: This spacious condo conveniently located in Timberbrook is filled with an abundance of natural sunlight and features 2 bedrooms and 2 full baths. Other features include living room w/ gas fireplace, dining area, renovated kitchen with beautiful quartz countertops, balcony and washer and dryer in unit. Fresh paint, newer HWH (3 years) and new furnace being installed. Minutes away from Muddy Branch shopping center, Downtown Crown, RIO and Kentlands. Don't miss this opportunity!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 258.96
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

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, Below Grade
  • Construction Materials: Brick, Combination
  • 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: 280.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Water, Sewer
  • HOA: No
  • 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
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14070516
  • Tax Annual Amount: 3562.00
  • Assessor Parcel Number: 160903152873
  • Tax Total Finished Sq Ft: 1177
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/16/2020

Multi Family

  • Front Foot Fee: 178.20

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 16, 2020
Sold by
Lee Siyeon
Bought by
Gupta Sohit Subhashchandra and Jethmalani Yogita Dilip
Seller's Agent
Ellie Hitt
RE/MAX Realty Centre, Inc.
Buyer's Agent
Mary Ratchford
RE/MAX Plus
List Price
$304,800
Sold Price
$310,000
Premium/Discount to List
$5,200
1.71%
Current Estimated Value
$399,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,225
Avg. Annual Appreciation
4.60%
Original Mortgage
$294,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Levin Toby R
Bought by
Lee Siyeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Gupta Sohit Subhashchandra $310,000 Covenant Title & Escrow Llc
Lee Siyeon $316,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Sohit Subhashchandra $294,500
Previous Owner Lee Siyeon $218,900
Previous Owner Lee Siyeon $252,800
Previous Owner Lee Siyeon $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $310,000 +1.7% $263 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $304,800 -- $259 / 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 $3,935 $315,000 -- --
2024 $3,935 $295,000 $0 $0
2023 $2,966 $275,000 $82,500 $192,500
2022 $2,804 $270,000 $0 $0
2021 $2,756 $265,000 $0 $0
2020 $5,363 $260,000 $78,000 $182,000
2019 $2,870 $260,000 $78,000 $182,000
2018 $2,881 $260,000 $78,000 $182,000
2017 $2,908 $260,000 $0 $0
2016 $2,839 $255,000 $0 $0
2015 $2,839 $250,000 $0 $0
2014 $2,839 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC730226

Bright MLS

APN: 09-03152873