$396,000
SOLD APR 21, 2025

111 Timberbrook Ln Unit 201 Gaithersburg, MD 20878

Shady Grove Neighborhood
2 Beds
2 Baths
1,177 Sq Ft
$400/mo HOA Fee

Recently Sold

$336 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Central Heating and Cooling System
  • Fields Road Elementary School Rated A-
  • 1 Fireplace

About This Home

As of April 2025

WOW! Welcome to the sought after neighborhood of Timberbrook nestled on all sides by beautiful green space. This meticulously cared for 2BR - 2BA condo allows for a very comfortable lifestyle. With tons of natural light in all the rooms, the space is bright and warm. New carpets and a fresh coat of paint makes this property look brand new. Backing up to Lake Halcyon is a dream come true with no possibility of being built on! And with the RIO Washingtonian Shopping Center just around the corner, the convenience factor is impeccable. This won't last long so don't miss out on this rare opportunity!!

Last Agent to Sell the Property

Ramon Pardo

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Elaine Koch

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1995

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Fiberglass Siding

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Lighted Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903111554

Community Details

Overview

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 1995

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! Welcome to the sought after neighborhood of Timberbrook nestled on all sides by beautiful green space. This meticulously cared for 2BR - 2BA condo allows for a very comfortable lifestyle. With tons of natural light in all the rooms, the space is bright and warm. New carpets and a fresh coat of paint makes this property look brand new. Backing up to Lake Halcyon is a dream come true with no possibility of being built on! And with the RIO Washingtonian Shopping Center just around the corner, the convenience factor is impeccable. This won't last long so don't miss out on this rare opportunity!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 331.35
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

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: Fiberglass Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 400.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Lake
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: CB
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3935.00
  • Assessor Parcel Number: 160903111554
  • Tax Total Finished Sq Ft: 1177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/21/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $396,000 +1.5% $336 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $390,000 -- $331 / Sq Ft
Source: Bright MLS

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
2024 $3,935 $295,000 $0 $0
2023 $2,966 $275,000 $82,500 $192,500
2022 $3,401 $270,000 $0 $0
2021 $2,756 $265,000 $0 $0
2020 $3,567 $260,000 $78,000 $182,000
2019 $2,615 $260,000 $78,000 $182,000
2018 $847 $260,000 $78,000 $182,000
2017 $2,842 $260,000 $0 $0
2016 -- $255,000 $0 $0
2015 $1,638 $250,000 $0 $0
2014 $1,638 $245,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $83,631 Stand Alone Refi Refinance Of Original Loan
Closed $95,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $125,560 --
Deed $125,560 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2171208

Bright MLS

APN: 09-03111554