NOT LISTED FOR SALE

Estimated Value: $191,000 - $233,000

1 Bed
1 Bath
500 Sq Ft
$200/mo HOA Fee

Last Sold November 30, 2020

Last sale price $150,000 $300 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,572/month

52 Days on Market

Highlights

  • Federal Architecture
  • Water Fountains
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Galley Kitchen
  • 1-minute walk to City of Frederick Dog Park

About This Home

As of November 2020

Begin your real investing experience with an affordable downtown living condo. This 500 square feet is both cozy and set in an attractive gated community. Standard features include cherry floors, marble baths, maple kitchen cabinets with granite countertops, stainless steel appliances, washer/dryer in each unit, central air, all opening up to a private courtyard with a center fountain. In the heart of downtown. 1/2 block away from Carroll Creek. New Carpet and just painted. Ready to move in or rent out to your tenants.

Last Agent to Sell the Property

Brian Duncan

Tyler Duncan Realty Partners, Inc. Listed on: 08/25/2020

Last Buyer's Agent

Bobbi Prescott

RE/MAX Results License #0225269161

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 2006

Lot Details

  • 523

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Federal Architecture
  • Frame Construction

Interior Spaces

  • 500 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Laundry on main level

Kitchen

  • Galley Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Water Fountains
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 1102456664

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, snow removal, trash, security gate
  • Low-Rise Condominium
  • Lafayette Square Community
  • Lafayette Square Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,409

Year Built

Built in 2006

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-08-25
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Begin your real investing experience with an affordable downtown living condo. This 500 square feet is both cozy and set in an attractive gated community. Standard features include cherry floors, marble baths, maple kitchen cabinets with granite countertops, stainless steel appliances, washer/dryer in each unit, central air, all opening up to a private courtyard with a center fountain. In the heart of downtown. 1/2 block away from Carroll Creek. New Carpet and just painted. Ready to move in or rent out to your tenants.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Stove, Dishwasher, Disposal, Microwave
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Combination Dining/Living, Kitchen - Galley
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 500
  • Living Area Sq Ft: 500
  • Price Per Sq Ft: 315.90
  • Above Grade Finished Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Water Fountains, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86000.00
  • Land Assessed Value: 44000.00
  • Land Use Code: 010
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: DB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11583142
  • Tax Annual Amount: 2409.00
  • Assessor Parcel Number: 1102456664
  • Tax Lot: 206
  • Tax Total Finished Sq Ft: 500
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 30, 2020
Sold by
Ltgt Llc
Bought by
Schoepp Randal
Seller's Agent
Brian Duncan
Tyler Duncan Realty Partners, Inc.
Buyer's Agent
Bobbi Prescott
RE/MAX Results
List Price
$157,950
Sold Price
$150,000
Premium/Discount to List
-$7,950
-5.03%
Current Estimated Value
$206,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,329
Avg. Annual Appreciation
7.46%
Original Mortgage
$112,500
Outstanding Balance
$101,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$108,574

Purchase Details

Listed on
Oct 14, 2015
Closed on
Oct 13, 2015
Sold by
Broadwater Rose and Broadwater Eugene
Bought by
Ltgt Llc
Seller's Agent
Sean Brink
Samson Properties
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$99,750
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2007
Sold by
Lafayette Development Llc
Bought by
Broadwater Rose and Broadwater Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2007
Sold by
Lafayette Development Llc
Bought by
Broadwater Rose and Broadwater Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schoepp Randal $150,000 Commonwealth Land Ttl Ins Co
Ltgt Llc $133,000 Fidelity Natl Title Ins Co
Broadwater Rose $169,900 --
Broadwater Rose $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoepp Randal $112,500
Previous Owner Ltgt Llc $99,750
Previous Owner Broadwater Rose $152,900
Previous Owner Broadwater Rose $152,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $150,000 -5.0% $300 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $157,950 0.0% $316 / Sq Ft
08/24/2020 08/24/20 Price Changed $157,950 0.0% $316 / Sq Ft
07/08/2016 07/08/16 Rented $1,100 0.0% --
07/08/2016 07/08/16 Under Contract -- -- --
05/05/2016 05/05/16 For Rent $1,100 0.0% --
10/26/2015 10/26/15 Rented $1,100 0.0% --
10/25/2015 10/25/15 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $1,100 0.0% --
10/13/2015 10/13/15 Sold $138,000 +2.2% $276 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $135,000 0.0% $270 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/07/2015 08/07/15 Price Changed $135,000 -3.5% $270 / Sq Ft
08/07/2015 08/07/15 For Sale $139,900 0.0% $280 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $139,900 0.0% $280 / Sq Ft
03/01/2014 03/01/14 Rented $975 -2.5% --
02/28/2014 02/28/14 Under Contract -- -- --
02/04/2014 02/04/14 For Rent $1,000 -- --
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 $2,798 $160,000 $45,000 $115,000
2024 $2,798 $150,000 $0 $0
2023 $2,542 $140,000 $0 $0
2022 $2,356 $130,000 $44,000 $86,000
2021 $2,358 $130,000 $44,000 $86,000
2020 $2,370 $130,000 $44,000 $86,000
2019 $2,347 $130,000 $44,000 $86,000
2018 $2,265 $127,000 $0 $0
2017 $2,183 $130,000 $0 $0
2016 $2,762 $121,000 $0 $0
2015 $2,762 $121,000 $0 $0
2014 $2,762 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR269368

Bright MLS

APN: 02-456664