NOT LISTED FOR SALE

137 Timberbrook Ln Unit 302 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $426,000 - $456,000

3 Beds
2 Baths
1,771 Sq Ft
$400/mo HOA Fee

Last Sold August 06, 2024

Last sale price $420,000 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,111/month

6 Days on Market

Highlights

  • Penthouse
  • View of Trees or Woods
  • Wood Flooring
  • Fields Road Elementary School Rated A-
  • Colonial Architecture
  • Loft

About This Home

As of August 2024

Enjoy peaceful and tranquil views of nature from every window in this highly sought after 3-bedroom, 2-bathroom top floor [penthouse] unit on Timberbrook Lane. Boasting over 1,750 square feet across the main level and spacious loft, this home is ready to welcome a new family to create memories that last a lifetime. This home has been nicely updated over the years with Timberland hardwood floors, a beautiful kitchen, and a 2024 hot water heater. The large walk-up loft can serve as an additional family space or 3rd bedroom. Timberbrook Lane is a few minutes from the Kentlands, Crown, and Rio, with easy access to 270/370 and the ICC/200.

Last Agent to Sell the Property

Steve Kelley

(301) 437-6437 stevekelley@lnf.com Long & Foster Real Estate, Inc. License #514591 Listed on: 06/26/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Chris Ricchini

(301) 651-5912 chris.ricchini@longandfoster.com Long & Foster Real Estate, Inc. License #5009604

Last Buyer's Agent

Chenfeng Liu

(301) 538-2648 chenfeng_Liu@hotmail.com Evergreen Properties License #0225063508

Evergreen Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1997

Lot Details

  • 2,265

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,771 Sq Ft Home
  • Property has 4 Levels
  • Bar
  • Gas Fireplace
  • Formal Dining Room
  • Loft
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Entry Slope Less Than 1 Foot
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160903198955

Community Details

Overview

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

Amenities

  • Common Area

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,176

Year Built

Built in 1997

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Entry Slope <1'
  • Ownership: Condominium
  • Inclusions: Window curtains and hardware, stools for kitchen counter, curtains in upstairs loft, washer & dryer
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-27
  • 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

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Wood Floors, Soaking Tub, Primary Bath(s), Formal/Separate Dining Room, Breakfast Area, Bar
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 4
  • Room List: Loft
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Upper Floor
  • Total Sq Ft: 1771
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 237.15
  • Above Grade Finished Sq Ft: 1771
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Frame
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 400.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Timberbrook Condominium
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4176.00
  • Assessor Parcel Number: 160903198955
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 6, 2024
Sold by
Worcester David L and Worcester-Aubin Therese
Bought by
Mao Alexander Jordan
Seller's Agent
Steve Kelley
Long & Foster Real Estate, Inc.
Buyer's Agent
Chenfeng Liu
Evergreen Properties
List Price
$420,000
Sold Price
$420,000
Views
58
Current Estimated Value
$445,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,653
Avg. Annual Appreciation
4.59%
Original Mortgage
$315,000
Outstanding Balance
$311,429
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$134,224

Purchase Details

Closed on
Nov 10, 2010
Sold by
Enamn Charles E
Bought by
Worcester David L and Worcester Aubin Therese

Purchase Details

Closed on
Mar 5, 2009
Sold by
Enman Charles E
Bought by
Enman Charles E

Purchase Details

Closed on
Oct 16, 2006
Sold by
Balasubramanian Ram
Bought by
Enman Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2006
Sold by
Balasubramanian Ram
Bought by
Enman Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Pierce Edward A 3Rd & B L
Bought by
Balasubramanian Ram

Purchase Details

Closed on
Dec 4, 1997
Sold by
Conservancy L C
Bought by
Edward A 3Rd & B L Pierce
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
Mao Alexander Jordan $420,000 First American Title
Mao Alexander Jordan $420,000 First American Title
Worcester David L $330,000 --
Enman Charles E -- --
Enman Charles E $359,000 --
Enman Charles E $359,000 --
Balasubramanian Ram $290,000 --
Edward A 3Rd & B L Pierce $147,503 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Alexander Jordan $315,000
Closed Mao Alexander Jordan $315,000
Previous Owner Enman Charles E $262,000
Previous Owner Enman Charles E $262,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $420,000 0.0% $237 / Sq Ft
07/01/2024 07/01/24 For Sale $420,000 0.0% $237 / Sq Ft
06/27/2024 06/27/24 Off Market $420,000 -- --
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 $4,369 $341,667 -- --
2024 $4,369 $328,333 $0 $0
2023 $3,484 $315,000 $94,500 $220,500
2022 $3,863 $306,667 $0 $0
2021 $3,178 $298,333 $0 $0
2020 $3,060 $290,000 $87,000 $203,000
2019 $3,250 $290,000 $87,000 $203,000
2018 $3,263 $290,000 $87,000 $203,000
2017 $3,611 $315,000 $0 $0
2016 $3,213 $308,333 $0 $0
2015 $3,213 $301,667 $0 $0
2014 $3,213 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Kelley

    Seller's Agent in 2024

    Steve Kelley

    Long & Foster

    (301) 437-6437

    1 in this area

    128 Total Sales

    Steve Kelley
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Chris Ricchini

    Long & Foster

    (301) 651-5912

    1 in this area

    14 Total Sales

    Chris Ricchini
    Section Image
  • Chenfeng Liu

    Buyer's Agent in 2024

    Chenfeng Liu

    Evergreen Properties

    (301) 538-2648

    3 in this area

    26 Total Sales

    Chenfeng Liu
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2133992

Bright MLS

APN: 09-03198955

Maryland Montgomery County Gaithersburg 20878 Shady Grove

137 Timberbrook Ln Unit 302, Gaithersburg, MD

Not Listed for Sale

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