NOT LISTED FOR SALE

131 Timberbrook Ln Unit 201 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $374,480 - $418,000

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

Last Sold July 08, 2020

Last sale price $292,000 $248 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,700/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Corner Lot
  • Fields Road Elementary School Rated A-
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of July 2020

ORIGINAL OWNER!! Seller hates to leave this wonderful condo, in the most ideal location! Situated just adjacent a park, this smaller complex is tucked away and a private oasis. This condo has a sought after split bedroom floor plan which give both bedrooms access to their own bath. This unit has a full large laundry room, open concept main living area and light filled rooms. Recently painted and new kitchen counter tops and carpets have been recently cleaned. Ready for its new owners.

Last Agent to Sell the Property

Kelly Losquadro

(301) 712-4930 kelly@yourtriphome.com Long & Foster Real Estate, Inc. License #644040 Listed on: 05/23/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Michelle Hodos

(240) 446-5333 michelle@yourtriphome.com Long & Foster Real Estate, Inc. License #WV0030598

Last Buyer's Agent

Russ Gelston

(301) 921-2687 winemanteam@gmail.com RE/MAX Realty Group License #522041

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1997

Lot Details

  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Views of Woods

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903192537
  • $178 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, management, water, sewer, snow removal, trash
  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1997

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: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Remarks Public: ORIGINAL OWNER!! Seller hates to leave this wonderful condo, in the most ideal location! Situated just adjacent a park, this smaller complex is tucked away and a private oasis. This condo has a sought after split bedroom floor plan which give both bedrooms access to their own bath. This unit has a full large laundry room, open concept main living area and light filled rooms. Recently painted and new kitchen counter tops and carpets have been recently cleaned. Ready for its new owners.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Range Hood, Washer
  • Entry Floor: 2
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Floor Plan - Open, Primary Bath(s), Sprinkler System, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 8
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 245.54
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

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: Combination
  • Spa: No
  • View: Trees/Woods
  • 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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • 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 Fee Includes: Ext Bldg Maint, Management, Water, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14070623
  • Tax Annual Amount: 3562.00
  • Assessor Parcel Number: 160903192537
  • Tax Total Finished Sq Ft: 1177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/08/2020

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
May 23, 2020
Closed on
Jul 8, 2020
Sold by
Powell Terri L
Bought by
Black Catherine A
Seller's Agent
Kelly Losquadro
Long & Foster Real Estate, Inc.
Buyer's Agent
Russ Gelston
RE/MAX Realty Group
List Price
$289,000
Sold Price
$292,000
Premium/Discount to List
$3,000
1.04%
Current Estimated Value
$396,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,120
Avg. Annual Appreciation
5.72%
Original Mortgage
$7,500
Outstanding Balance
$6,668
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$383,558
Source: Public Records

Range of Values:

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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
Black Catherine A $292,000 Classic Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Catherine A $7,500
Previous Owner Black Catherine A $262,800
Previous Owner Black Catherine A $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $292,000 +1.0% $248 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $289,000 -- $246 / 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 $4,350 $275,000 $82,500 $192,500
2022 $2,804 $270,000 $0 $0
2021 $2,756 $265,000 $0 $0
2020 $1,341 $260,000 $78,000 $182,000
2019 $2,870 $260,000 $78,000 $182,000
2018 $3,309 $260,000 $78,000 $182,000
2017 $2,902 $260,000 $0 $0
2016 -- $255,000 $0 $0
2015 -- $250,000 $0 $0
2014 -- $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC708510

Bright MLS

APN: 09-03192537