NOT LISTED FOR SALE

137 Timberbrook Ln Unit 303 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $437,040 - $462,000

2 Beds
2 Baths
1,771 Sq Ft
$280/mo HOA Fee

Last Sold February 14, 2020

Last sale price $329,000 $186 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,014/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Fireplace
  • Fields Road Elementary School Rated A-
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of February 2020

Hard to find top floor loft unit, overlooking thick wooded parkland. This unit features two large bedrooms and two full baths located on the main level. Additionally, this home boasts custom ceramic tile flooring throughout as well as a remodeled kitchen with replacement cabinetry, granite counter tops and stainless steel GE Profile appliances. You will love the cozy gas fireplace for those wintry nights at home. The huge loft which overlooks the main level could be used as a home office, workout space, TV room, or play area. Welcome and enjoy!

Last Agent to Sell the Property

Kevin Grolig

(240) 793-7495 kevin@kevingrolig.com Compass License #88508 Listed on: 12/17/2019

Compass

Co-Listed By

LIDIA ARCHER

(301) 523-4948 lidiaarcher07@gmail.com Compass License #0675263

Last Buyer's Agent

Sang Lee

(240) 426-7753 mtaemin@gmail.com Fairfax Realty 50/66 LLC License #0225079029

Fairfax Realty 50/66 LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1997

Lot Details

  • 2,265

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,771 Sq Ft Home
  • Property has 2 Levels
  • Fireplace
  • Views of Woods
  • Laundry on upper level

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

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

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160903198966
  • $178 Front Foot Fee per year

Community Details

Overview

  • Association fees include trash, snow removal, exterior building maintenance, common area maintenance, water
  • Low-Rise Condominium
  • Timberbrook Condominiums, Phone Number (301) 924-7355
  • Timberbrook Codm Community
  • Timberbrook Codm Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,941

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: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-12-19
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1771
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 185.77
  • Above Grade Finished Sq Ft: 1771
  • 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
  • Roof: Composite
  • 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
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 16.06
  • 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: 280.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Timberbrook Condominiums
  • Condo Co-Op Phone: 301-924-7355
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Ext Bldg Maint, Common Area Maintenance, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 220500.00
  • Land Assessed Value: 94500.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CB
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14070704
  • Tax Annual Amount: 3941.00
  • Assessor Parcel Number: 160903198966
  • 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
Dec 17, 2019
Closed on
Feb 14, 2020
Sold by
Brock Matthew Barnes
Bought by
Kim So An
Seller's Agent
Kevin Grolig
Compass
Buyer's Agent
Sang Lee
Fairfax Realty 50/66 LLC
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$450,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,010
Avg. Annual Appreciation
5.54%
Original Mortgage
$312,550
Outstanding Balance
$276,741
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$173,269

Purchase Details

Closed on
Dec 14, 2009
Sold by
Brock Matthew B and Brock Natalie B
Bought by
Brock Matthew Barnes

Purchase Details

Closed on
Sep 26, 2008
Sold by
Brock Matthew B
Bought by
Brock Matthew B

Purchase Details

Closed on
Sep 16, 2008
Sold by
Brock Matthew B
Bought by
Brock Matthew B

Purchase Details

Closed on
May 16, 2007
Sold by
Mitchell Heather M
Bought by
Brock Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mitchell Heather M
Bought by
Brock Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Shaver Angela J
Bought by
Mitchell Heather M

Purchase Details

Closed on
Oct 1, 1997
Sold by
Conservancy L C
Bought by
Shaver Angela J
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
Kim So An $329,000 Evergreen Title Company
Brock Matthew Barnes -- --
Brock Matthew B -- --
Brock Matthew B -- --
Brock Matthew B $369,000 --
Brock Matthew B $369,000 --
Mitchell Heather M $266,000 --
Shaver Angela J $149,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim So An $312,550
Previous Owner Brock Matthew B $92,250
Previous Owner Brock Matthew B $276,750
Previous Owner Brock Matthew B $276,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $329,000 0.0% $186 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
12/17/2019 12/17/19 For Sale $329,000 0.0% $186 / Sq Ft
04/06/2019 04/06/19 Rented $1,955 0.0% --
02/26/2019 02/26/19 For Rent $1,955 +2.4% --
10/12/2017 10/12/17 Rented $1,910 +3.2% --
10/12/2017 10/12/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $1,850 +1.4% --
04/20/2017 04/20/17 Rented $1,825 -3.7% --
04/20/2017 04/20/17 Under Contract -- -- --
03/03/2017 03/03/17 For Rent $1,895 +0.8% --
03/03/2016 03/03/16 Rented $1,880 +1.6% --
03/03/2016 03/03/16 Under Contract -- -- --
02/08/2016 02/08/16 For Rent $1,850 +4.2% --
03/11/2014 03/11/14 Rented $1,775 +1.4% --
03/11/2014 03/11/14 Under Contract -- -- --
02/14/2014 02/14/14 For Rent $1,750 -- --
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 $3,266 $306,667 $0 $0
2021 $3,178 $298,333 $0 $0
2020 $6,120 $290,000 $87,000 $203,000
2019 $3,942 $290,000 $87,000 $203,000
2018 $3,955 $290,000 $87,000 $203,000
2017 $4,303 $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

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Map

Source: Bright MLS

MLS Number: MDMC689896

Bright MLS

APN: 09-03198966