NOT LISTED FOR SALE

131 Timberbrook Ln Unit 103 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $368,887 - $394,000

2 Beds
2 Baths
1,177 Sq Ft
2,309 Sq Ft Lot

About This Home

As of July 2022

Gorgeous 2 Bed/ 2 Bath Condo in Timberbrook! Walk inside to a spacious living room with a marble gas fireplace, separate dining room with gorgeous hardwood flooring throughout! An eat-in kitchen with beautiful granite countertops, breakfast bar, cabinets with plenty of storage space, and updated appliances including a dishwasher. The master bedroom has huge closets as well as an updated master bath with tiled floors/tiled soaker tub, new vanity, and new fixtures. There is an additional big bedroom with ample closet space and an updated full hall bathroom! The condo has a laundry area with a washer/dryer and plenty of additional storage space! There is also a nice balcony to provide outdoor entertainment!

- Walking distance from Rio Lakefront and Downtown Crown with great dining, shopping, and entertainment options!
- Price is for a 2-year lease, for other terms please reach out to the assigned agent.

Sorry, No Pets!

Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.

Last Agent to Rent the Property

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/21/2022

Last Renter's Agent

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/21/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1997

Lot Details

  • 2,309

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,825
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/4/22
  • Assessor Parcel Number 160903192515

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Date Available: 2022-09-04
  • Pets Allowed: No
  • Security Deposit: 1825.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 1.55
  • Above Grade Finished Sq Ft: 1177
  • 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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CB

Tax Info

  • Assessor Parcel Number: 14070622
  • Assessor Parcel Number: 160903192515

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2008
Sold by
Loomis Willa Mae Trustee
Bought by
Sodhbans Gurmeet
Current Estimated Value
$384,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Outstanding Balance
$173,404
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,818

Purchase Details

Closed on
Apr 21, 2008
Sold by
Loomis Willa Mae Trustee
Bought by
Sodhbans Gurmeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Outstanding Balance
$173,404
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,818

Purchase Details

Closed on
Jun 9, 2005
Sold by
Loomis Willa M
Bought by
Loomis Willa Mae Trustee

Purchase Details

Closed on
May 24, 2005
Sold by
Loomis Willa M
Bought by
Loomis Willa Mae Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sodhbans Gurmeet $302,500 --
Sodhbans Gurmeet $302,500 --
Loomis Willa Mae Trustee -- --
Loomis Willa Mae Trustee -- --
Loomis Willa Mae Trustee -- --
Loomis Willa Mae Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sodhbans Gurmeet $272,250
Closed Sodhbans Gurmeet $272,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Rented $1,825 0.0% --
07/21/2022 07/21/22 For Rent $1,825 +7.4% --
06/29/2020 06/29/20 Rented $1,700 0.0% --
06/16/2020 06/16/20 For Rent $1,700 -- --
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 $3,401 $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 $2,902 $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: MDMC2062342

Bright MLS

APN: 09-03192515

Maryland Montgomery County Gaithersburg 20878 Shady Grove

131 Timberbrook Ln Unit 103, Gaithersburg, MD

Not Listed for Sale

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