NOT LISTED FOR SALE

131 Timberbrook Ln Unit 203 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $366,114 - $394,000

2 Beds
2 Baths
1,177 Sq Ft
$290/mo HOA Fee

Last Sold December 30, 2021

Last sale price $325,000 $276 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,637/month

82 Days on Market

Highlights

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

About This Home

As of December 2021

VERY NICE 2 BEDROOM, 2 FULL BATH 2ND FLOOR CONDO. VERY PRIVATE AND NICE VIEW TO TREE.

Last Agent to Sell the Property

Youn Kim

(301) 466-7733 younkim1122@gmail.com Maryland Pro Realty License #301628 Listed on: 09/10/2021

Last Buyer's Agent

Leyla Torres

(301) 728-5088 leylatorres.realtor@gmail.com Samson Properties License #0225235854

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1997

Lot Details

  • 2,309

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903192550

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,448

Year Built

Built in 1997

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-10
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 280.29
  • 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: Concrete
  • 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: 17.29
  • 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: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14070626
  • Tax Annual Amount: 3448.00
  • Assessor Parcel Number: 160903192550
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Saman Farhadi
Bought by
Farhadi Saman and Farhadi Kamran
Current Estimated Value
$383,529

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 30, 2021
Sold by
Eun Park Sung
Bought by
Farhadi Saman
Seller's Agent
Youn Kim
Maryland Pro Realty
Buyer's Agent
Leyla Torres
Samson Properties
List Price
$335,000
Sold Price
$325,000
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
4.31%

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 27, 2016
Sold by
Yoo Soo Hyung
Bought by
Park Sung Eun
Seller's Agent
Jenny Kim
Giant Realty, Inc.
Buyer's Agent
Tony Villeda
Vista Properties Group
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$270,019
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2006
Sold by
Briar John P
Bought by
Yoo Soo Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2006
Sold by
Briar John P
Bought by
Yoo Soo Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Farhadi Saman -- --
Farhadi Saman $325,000 Stewart Title Company
Park Sung Eun $275,000 Jdm Title Llc
Yoo Soo Hyung $310,000 --
Yoo Soo Hyung $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Sung Eun $270,019
Previous Owner Yoo Soo Hyung $248,000
Previous Owner Yoo Soo Hyung $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $325,000 -1.5% $276 / Sq Ft
11/23/2021 11/23/21 Price Changed $329,900 -1.5% $280 / Sq Ft
09/10/2021 09/10/21 For Sale $335,000 0.0% $285 / Sq Ft
04/20/2019 04/20/19 Rented $1,750 0.0% --
12/18/2018 12/18/18 Price Changed $1,750 -2.2% $1 / Sq Ft
12/12/2018 12/12/18 For Rent $1,790 0.0% --
11/18/2016 11/18/16 Sold $275,000 -1.8% $234 / Sq Ft View Prior Sale
11/16/2016 11/16/16 Price Changed $279,900 0.0% $238 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $279,900 +1.8% $238 / Sq Ft
08/23/2016 08/23/16 Off Market $275,000 -- --
07/13/2016 07/13/16 For Sale $279,900 0.0% $238 / Sq Ft
09/15/2013 09/15/13 Rented $1,600 0.0% --
08/15/2013 08/15/13 Under Contract -- -- --
07/08/2013 07/08/13 For Rent $1,600 +0.6% --
01/20/2012 01/20/12 Rented $1,590 0.0% --
01/20/2012 01/20/12 Under Contract -- -- --
01/01/2012 01/01/12 For Rent $1,590 -- --
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 $3,658 $275,000 $82,500 $192,500
2022 $2,804 $270,000 $0 $0
2021 $2,756 $265,000 $0 $0
2020 $2,682 $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 $3,594 $260,000 $0 $0
2016 -- $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: MDMC2012132

Bright MLS

APN: 09-03192550