NOT LISTED FOR SALE

137 Timberbrook Ln Unit 204 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $378,689 - $393,000

2 Beds
2 Baths
1,160 Sq Ft
2,265 Sq Ft Lot

Last Sold August 28, 2014

Last sale price $270,000 $233 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,364/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom
  • Fields Road Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of May 2018

All new high-end kitchen and renovated baths, new HVAC. Superb condition and abundant parking. Two master suites (one has a dual-entry bathroom). Separate laundry room with full size side-by-side washer/dryer. Living room has gas fireplace. Spacious balcony. Located near RT 200, 270, Crown, Washingtonian Center, Lifetime Fitness, Harris Teeter, and Giant. Walk to Starbucks

Last Agent to Rent the Property

Cynthia Moses

(301) 922-9237 cindy@moseshometeam.com Keller Williams Flagship License #69970 Listed on: 03/07/2018

Keller Williams Flagship

Last Renter's Agent

Cynthia Moses

(301) 922-9237 cindy@moseshometeam.com Keller Williams Flagship License #69970 Listed on: 03/07/2018

Keller Williams Flagship

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1997 | Remodeled in 2018

Lot Details

  • 2,265

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Fireplace With Glass Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Surface Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,850
  • Tenant pays for insurance, light bulbs/filters/fuses/alarm care, all utilities
  • Rent includes grounds maintenance, hoa/condo fee, trash removal, parking
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 3/8/18
  • $45 Application Fee
  • Assessor Parcel Number 160903198933

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 1997 | Remodeled in 2018

Lot Details

0

Rental Info

  • Date Available: 2018-03-08
  • Application Fee: 45.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Grounds Maintenance, Hoa/Condo Fee, Trash Removal, Parking
  • Security Deposit: 1850.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-03-08
  • Year Built: 1997
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 1.51
  • Above Grade Finished Sq Ft: 1160
  • 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
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface, Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CB

Multi Family

  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 14070702
  • Assessor Parcel Number: 160903198933

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Aug 28, 2014
Sold by
Cutrera Michael and Cutrera Terri
Bought by
Jones Christopher R
Seller's Agent
Cynthia Moses
Keller Williams Flagship
Buyer's Agent
Cynthia Moses
Keller Williams Flagship
Sold Price
$1,650
Current Estimated Value
$386,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,022
Avg. Annual Appreciation
3.24%
Original Mortgage
$202,500
Outstanding Balance
$154,912
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$231,760

Purchase Details

Listed on
Sep 17, 2013
Closed on
Jan 23, 2014
Sold by
Hong Tu Pyo and Hong Kun Cha
Bought by
Cutrera Michael A and Cutrera Terri A
Seller's Agent
Myung Lee
Weichert, REALTORS
Buyer's Agent
Dawn Peyton
Smart Realty, LLC
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$243,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2009
Sold by
Kline Kimberly K
Bought by
Hong Yu Pyo and Hong Kun Cha

Purchase Details

Closed on
Dec 7, 2005
Sold by
Olmsted Shannon E
Bought by
Kline Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Olmsted Shannon E
Bought by
Kline Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2002
Sold by
Rand David A
Bought by
Olmsted Shannon E

Purchase Details

Closed on
Feb 2, 1998
Sold by
Conservancy L C
Bought by
Rand David A
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
Jones Christopher R $270,000 None Available
Cutrera Michael A $270,000 None Available
Hong Yu Pyo $255,000 --
Kline Kimberly K $318,000 --
Kline Kimberly K $318,000 --
Olmsted Shannon E $179,500 --
Rand David A $123,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher R $202,500
Previous Owner Cutrera Michael A $243,000
Previous Owner Kline Kimberly K $254,400
Previous Owner Kline Kimberly K $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2018 05/01/18 Rented $1,750 -5.4% --
04/27/2018 04/27/18 Under Contract -- -- --
03/07/2018 03/07/18 For Rent $1,850 +12.1% --
09/02/2014 09/02/14 Rented $1,650 -99.4% --
09/02/2014 09/02/14 Under Contract -- -- --
08/28/2014 08/28/14 Sold $270,000 0.0% $229 / Sq Ft View Prior Sale
08/14/2014 08/14/14 For Rent $1,650 0.0% --
08/06/2014 08/06/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $289,900 +7.4% $246 / Sq Ft
01/23/2014 01/23/14 Sold $270,000 -3.2% $229 / Sq Ft View Prior Sale
12/24/2013 12/24/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $279,000 -- $237 / 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 $3,658 $275,000 $82,500 $192,500
2022 $3,401 $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 $2,881 $260,000 $78,000 $182,000
2017 $3,602 $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: 1000238374

Bright MLS

APN: 09-03198933