NOT LISTED FOR SALE

107 Summit Ave Thurmont, MD 21788

Estimated Value: $547,578 - $590,000

4 Beds
3.5 Baths
2,980 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $500,000 $168 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,566/month

22 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • Jogging Path
  • Open Floorplan
  • Deck
  • 1-minute walk to Thurmont Community Park

About This Home

As of December 2023

****OFFERING UP TO $20K IN CLOSING ASSISTANCE WITH THE USE OF PREFERRED LENDER AND TITLE***
SPECIAL FINANCING AVAILABLE - TERMS AND CONDITIONS APPLY.
READY NOW BRAND NEW SINGLE FAMILY HOME WELL APPOINTED CARNEGIE II IN FREDERICK CO. MD!! ONLY Brand New Single Family Homes in picturesque Thurmont, MD. You won't believe the amazing Catoctin Mountain views from your 18x14 composite deck! Walk Out with 4 spacious bedrooms, 3.5 baths and fully finished basement! Open concept floor plan with tons of natural light. Why buy a townhome when you could have this gorgeous single family home boasting 2980 total sq ft, with a spacious sodded yard, beautifully landscaped homesite plus a two car garage!!!

Last Agent to Sell the Property

Brittany Newman

(240) 457-9391 bnewman@drbgroup.com DRB Group Realty, LLC Listed on: 10/25/2023

DRB Group Realty, LLC

Last Buyer's Agent

Christine Reeder

(301) 606-8611 chris.reeder@longandfoster.com Long & Foster Real Estate, Inc. License #581222

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,480

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,980 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned PUD

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Schools

  • Thurmont Elementary And Middle School
  • Catoctin High School

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1115604857

Community Details

Overview

  • Built by DRB Homes
  • Hammaker Hills Subdivision, Carnegie II Floorplan

Amenities

  • Common Area

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,480

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Combination Kitchen/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Walkout Level
  • Total Sq Ft: 2980
  • Living Area Sq Ft: 2980
  • Price Per Sq Ft: 230.29
  • Above Grade Finished Sq Ft: 2258
  • Below Grade Finished Sq Ft: 722
  • Total Below Grade Sq Ft: 722
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 60.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Common Grounds
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: THURMONT
  • High School: CATOCTIN
  • Middle Or Junior School: THURMONT

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2980.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: PUD
  • In City Limits: No

Building Info

  • Builder Name: DRB Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1115604857
  • Tax Lot: 15
  • Tax Year: 2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 21, 2023
Sold by
Drb Group Mid-Atlantic Llc
Bought by
Ruiz Eddie Michael Orre and Orrego Loidy Esther
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
List Price
$519,990
Sold Price
$500,000
Premium/Discount to List
-$19,990
-3.84%
Views
31
Current Estimated Value
$566,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,645
Avg. Annual Appreciation
7.00%
Original Mortgage
$425,000
Outstanding Balance
$417,657
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$148,988
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
Ruiz Eddie Michael Orre $500,000 Keystone Title
Ruiz Eddie Michael Orre $500,000 Keystone Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Eddie Michael Orre $425,000
Closed Ruiz Eddie Michael Orre $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $500,000 -3.8% $168 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $519,990 +5.0% $174 / Sq Ft
11/02/2023 11/02/23 Price Changed $495,000 -4.8% $166 / Sq Ft
10/25/2023 10/25/23 For Sale $519,990 -- $174 / 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 $6,480 $451,200 -- --
2024 $6,480 $425,100 $0 $0
2023 $840 $56,300 $56,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2041470

Bright MLS

APN: 15-604857