NOT LISTED FOR SALE

135 Timberbrook Ln Unit 101 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $388,462 - $417,000

2 Beds
2 Baths
1,177 Sq Ft
$350/mo HOA Fee

Last Sold June 08, 2023

Last sale price $375,000 $319 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,789/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 1 Fireplace
  • Fields Road Elementary School Rated A-
  • Main Floor Bedroom
  • Family Room Off Kitchen

About This Home

As of June 2023

135 Timberbrook Lane Unit 101 is a fantastic two bedroom two bathroom ground floor unit (no stairs!) at the sought after Timberbrook Condominiums * This perfectly located community is close to 270, ICC, Rio and more * Well cared for by original owner * The open and sunny floor plan includes a patio off the main living area * The two spacious bedrooms are on opposite sides of the main living area * HVAC and water heater replaced * In unit washer and dryer * Easy living, this unit will not last!

Last Agent to Sell the Property

Michael Burns

(703) 403-2022 mike@burnshomes.com RE/MAX Allegiance Listed on: 05/05/2023

RE/MAX Allegiance

Last Buyer's Agent

Ellie Hitt

(240) 888-8448 ellie@homeswithellie.com RE/MAX Realty Centre, Inc. License #583006

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1997

Lot Details

  • 1,742

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Surface Parking

Utilities

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

Additional Features

  • No Interior Steps
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160903196821

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, sewer, trash, water
  • Low-Rise Condominium
  • Timberbrook Condos
  • Timberbrook Codm Community
  • Timberbrook Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,496

Year Built

Built in 1997

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-05
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 297.37
  • 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, Combination, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • 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: 350.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Timberbrook
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Trash, Water
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 192500.00
  • Land Assessed Value: 82500.00
  • Property Condition: Excellent
  • Zoning: CB
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14070648
  • Tax Annual Amount: 3496.00
  • Assessor Parcel Number: 160903196821
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Adams Caroline Ann
Bought by
Caroline Ann Adams Family Trust and Adams
Current Estimated Value
$399,116

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 8, 2023
Sold by
Saxivlan Cathy E
Bought by
Adams Caroline Ann
Seller's Agent
Michael Burns
RE/MAX Allegiance
Buyer's Agent
Ellie Hitt
RE/MAX Realty Centre, Inc.
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$255,000
Interest Rate
6.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 25, 1998
Sold by
Conservancy L C
Bought by
Saxman Cathy E

Purchase Details

Closed on
Dec 1, 1997
Sold by
Conservancy L C
Bought by
Freund Jennifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caroline Ann Adams Family Trust -- Pinnacle Title
Caroline Ann Adams Family Trust -- Pinnacle Title
Adams Caroline Ann $375,000 First American Title
Adams Caroline Ann $375,000 First American Title
Saxman Cathy E $116,900 --
Freund Jennifer $117,395 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Caroline Ann $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $375,000 +7.1% $319 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $350,000 -- $297 / 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 $4,044 $331,667 -- --
2024 $4,044 $303,333 $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 $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 $2,854 $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

  • Michael Burns

    Seller's Agent in 2023

    Michael Burns

    RE/MAX

    (703) 403-2022

    1 in this area

    82 Total Sales

    Michael Burns
    Section Image
  • Ellie Hitt

    Buyer's Agent in 2023

    Ellie Hitt

    RE/MAX

    (240) 888-8448

    6 in this area

    180 Total Sales

    Ellie Hitt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2090994

Bright MLS

APN: 09-03196821

Maryland Montgomery County Gaithersburg 20878 Shady Grove

135 Timberbrook Ln Unit 101, Gaithersburg, MD

Not Listed for Sale

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