NOT LISTED FOR SALE

135 Timberbrook Ln Unit 204 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $371,019 - $394,000

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

Last Sold February 07, 2020

Last sale price $302,000 $257 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,639/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • Fields Road Elementary School Rated A-

About This Home

As of February 2020

A Condo with Class! Lovely 2 bedroom, 2 full bath condo featuring neutral decor, freshly painted, and new carpeting. Light infused in every room, separate dining room, living room with gas fireplace, updated kitchen plus new HVAC installed less than 6 months ago. Master bedroom with en suite, second bedroom and hall guest bath. Sliding glass doors from the living room to a lovely balcony. Conveniently located close to shopping, restaurants, entertainment, public transportation and so much more.

Last Agent to Sell the Property

Philip Piantone

(301) 919-1700 Philip@LNF.com Long & Foster Real Estate, Inc. License #532555 Listed on: 01/11/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Chuansheng Zhu

(202) 656-7766 trent@dmvhome.com Signature Home Realty LLC License #0225202566

Signature Home Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1997

Lot Details

  • 1,742

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

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

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Rachel Carson Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Additional Features

  • Property is in very good condition
  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 160903196898
  • $178 Front Foot Fee per year

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: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 254.80
  • 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
  • Roof: Composite
  • Spa: No
  • 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: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Property Condition: Very Good
  • Zoning: CB
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14070656
  • Tax Annual Amount: 3562.00
  • Assessor Parcel Number: 160903196898
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

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
Jan 11, 2020
Closed on
Feb 7, 2020
Sold by
Owens Gwendolyn L and The Gwendolyn L Owens Trust
Bought by
Zheng Xiuming
Seller's Agent
Philip Piantone
Long & Foster Real Estate, Inc.
Buyer's Agent
Chuansheng Zhu
Signature Home Realty LLC
List Price
$299,900
Sold Price
$302,000
Premium/Discount to List
$2,100
0.7%
Current Estimated Value
$385,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,755
Avg. Annual Appreciation
4.30%
Original Mortgage
$262,000
Outstanding Balance
$231,983
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$153,772

Purchase Details

Closed on
Jan 4, 2012
Sold by
Owens Gwendolyn L
Bought by
Owens Gwendolyn L

Purchase Details

Closed on
Sep 13, 1999
Sold by
Fishman Rachel S
Bought by
Owens Gwendolyn L
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
Zheng Xiuming $302,000 Heritage Title Company Inc
Owens Gwendolyn L -- None Available
Owens Gwendolyn L $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Xiuming $262,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $302,000 +0.7% $257 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $299,900 -- $255 / 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 $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 $2,902 $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: MDMC691752

Bright MLS

APN: 09-03196898