NOT LISTED FOR SALE

137 Timberbrook Ln Unit 201 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $370,638 - $389,000

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

Last Sold December 10, 2021

Last sale price $300,000 $255 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,623/month

26 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Brick Front
  • Fields Road Elementary School Rated A-
  • Colonial Architecture
  • Central Air

About This Home

As of December 2021

Very spacious condo with plenty of natural light. Large living room with gas fireplace, and sliding glass doors leading to the balcony. Two spacious bedrooms with full bath. Plenty of closet space. The gourmet kitchen overlooks the dining room with hardwood flooring. Laundry room with storage space. There is plenty of parking space. Freshly painted and with new carpet, this condo's location is a buyer's delight with close proximity to the CROWN, RIO, I 270, and minutes to Shady Grove Metro.

Last Agent to Sell the Property

Shai Gupta

(240) 899-7424 shai@lnf.com Long & Foster Real Estate, Inc. License #SP8358876 Listed on: 10/08/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jason Zhang

(864) 986-0822 jasonzhangz888@gmail.com Keller Williams Capital Properties License #0225244249

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1997

Lot Details

  • 2,265

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Front

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Carpet
  • Dryer

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903198900

Community Details

Overview

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

Pet Policy

  • 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: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer, Dishwasher, Oven/Range - Gas, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Carpet, Floor Plan - Open, Kitchen - Gourmet
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 271.88
  • 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 Front
  • 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: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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 Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash, Ext Bldg Maint, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14070698
  • Tax Annual Amount: 3448.00
  • Assessor Parcel Number: 160903198900
  • 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

Listed on
Oct 8, 2021
Closed on
Dec 10, 2021
Sold by
Dadson Nana K
Bought by
Xu Shen and Wu Yu Ou
Seller's Agent
Shai Gupta
Long & Foster Real Estate, Inc.
Buyer's Agent
Jason Zhang
Keller Williams Capital Properties
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$380,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,910
Avg. Annual Appreciation
6.18%
Original Mortgage
$225,000
Outstanding Balance
$177,789
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$203,121

Purchase Details

Closed on
Feb 23, 2004
Sold by
Macdonald Edward K
Bought by
Dadson Nana K

Purchase Details

Closed on
Sep 12, 1997
Sold by
Conservancy L C
Bought by
Mcdonald Edward K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Xu Shen $300,000 First American Title
Dadson Nana K $250,000 --
Dadson Nana K $250,000 --
Mcdonald Edward K $125,430 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Shen $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $300,000 -6.3% $255 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $320,000 0.0% $272 / Sq Ft
10/31/2017 10/31/17 Rented $1,700 0.0% --
10/27/2017 10/27/17 Under Contract -- -- --
09/04/2017 09/04/17 For Rent $1,700 +3.0% --
10/16/2016 10/16/16 Rented $1,650 0.0% --
10/07/2016 10/07/16 Under Contract -- -- --
08/15/2016 08/15/16 For Rent $1,650 -- --
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 $3,496 $270,000 $0 $0
2021 $3,448 $265,000 $0 $0
2020 $3,374 $260,000 $78,000 $182,000
2019 $3,562 $260,000 $78,000 $182,000
2018 $3,573 $260,000 $78,000 $182,000
2017 $2,910 $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: MDMC2000455

Bright MLS

APN: 09-03198900