NOT LISTED FOR SALE

Estimated Value: $372,000 - $571,000

3 Beds
2 Baths
2,438 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $243,500 $100 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,751/month

26 Days on Market

Highlights

  • 0.26 Acre Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • Spring Ridge Elementary School Rated A-
  • Loft
  • No HOA

About This Home

As of March 2020

Opportunity to own a single-family Bungalow-style home across from the Fairgrounds and just a short walk to Historic Downtown Frederick. This home has 3 bedrooms, 2 full bathrooms and features a masonry fireplace in the living room. Interior of home was just painted. New carpet was just installed on the main level and recreation room and carpet was professionally cleaned on 2nd floor. Second floor has a 23'-5" x 15'-0" bedroom and a 12'-10" x 11'-0" loft. Lower level includes 3 other finished rooms. Home presently does not have any heating system as the oil radiator system was removed. Owner will install a gas forced air heating system with CAC after contract is signed loan has been approved. Home includes a covered front porch all on a 1/2 acre lot with plenty of off-street parking. A large 19' x 18' outbuilding is also included.

Last Agent to Sell the Property

Bob Marsh

(301) 305-6668 marshrealty13@aol.com Marsh Realty License #32693 Listed on: 01/06/2020

Last Buyer's Agent

Wilhelm Maida

(571) 237-5851 w.maida@remax1s.com RE/MAX One Solutions

RE/MAX One Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Property is zoned M1

Home Design

  • Cape Cod Architecture
  • Bungalow

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Partially Finished Basement

Kitchen

  • Stove
  • Range Hood

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Spring Ridge Elementary School
  • Governor Thomas Johnson Middle School
  • Governor Thomas Johnson High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • Downtown Frederick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102061260

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,936

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Water Heater, Range Hood, Refrigerator, Stove
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Loft, Office
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2680
  • Living Area Sq Ft: 2438
  • Price Per Sq Ft: 144.25
  • Above Grade Finished Sq Ft: 1688
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 242
  • Total Below Grade Sq Ft: 992
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Outbuilding(s), Sidewalks
  • 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, Driveway

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SPRING RIDGE
  • High School: GOVERNOR THOMAS JOHNSON
  • Middle Or Junior School: GOVERNOR THOMAS JOHNSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95000.00
  • Land Assessed Value: 64600.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: M1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11500605
  • Tax Annual Amount: 2936.00
  • Assessor Parcel Number: 1102061260
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Mar 27, 2020
Sold by
Iqbal Zafar and Iqbal Khushnood
Bought by
Granados Jose Noe and Delchicas Otilia Del
Seller's Agent
Bob Marsh
Marsh Realty
Buyer's Agent
Wilhelm Maida
RE/MAX One Solutions
List Price
$243,500
Sold Price
$243,500
Current Estimated Value
$449,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,162
Avg. Annual Appreciation
11.20%
Original Mortgage
$230,089
Outstanding Balance
$203,728
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$245,934

Purchase Details

Closed on
Jun 24, 2005
Sold by
Heerd Elmer Katherine M
Bought by
Iqbal Zafar and Iqbal Khushnood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2005
Sold by
Heerd Elmer Katherine M
Bought by
Iqbal Zafar and Iqbal Khushnood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.82%
Mortgage Type
Unknown
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
Granados Jose Noe $243,500 Title One & Escrow Inc
Iqbal Zafar $235,000 --
Iqbal Zafar $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granados Jose Noe $230,089
Closed Granados Jose Noe $5,000
Previous Owner Iqbal Zafar $23,500
Previous Owner Iqbal Zafar $188,000
Previous Owner Iqbal Zafar $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $243,500 0.0% $100 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $243,500 0.0% $100 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $243,500 +1.5% $100 / Sq Ft
01/06/2020 01/06/20 For Sale $239,900 -- $98 / 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 $4,825 $294,500 $106,200 $188,300
2024 $4,825 $258,433 $0 $0
2023 $4,085 $222,367 $0 $0
2022 $3,394 $186,300 $78,500 $107,800
2021 $3,154 $177,400 $0 $0
2020 $3,069 $168,500 $0 $0
2019 $2,910 $159,600 $64,600 $95,000
2018 $2,843 $159,400 $0 $0
2017 $2,892 $159,600 $0 $0
2016 $2,988 $159,000 $0 $0
2015 $2,988 $159,000 $0 $0
2014 $2,988 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR258196

Bright MLS

APN: 02-061260