NOT LISTED FOR SALE

11298 Panorama Dr New Market, MD 21774

Estimated Value: $816,000 - $924,118

1 Acre
$867,030 Price per Acre
43,560 Sq Ft Lot

Last Sold October 10, 2015

Last sale price $145,000

Est. 498% increase in value since last sale

Current estimated payment $5,380/month

About This Lot

As of October 2015

Lot was approved for 3 building lots in 2006 as a preliminary plan with Frederick County or build one home on the lot. Water and electric is located at left corner of lot. If purchasing for building 3 homes the subdivision process will have to be renewed with Frederick County

Last Agent to Sell the Property

Greg Myers

(301) 906-0504 gregmyrealtor@gmail.com RE/MAX Realty Group Listed on: 06/01/2015

RE/MAX Realty Group

Last Buyer's Agent

Aaron Marsh

(240) 674-3227 amarsh@vt.edu Marsh Realty License #533267

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,829

Lot Details

  • 1 Acre Lot
  • No Building Permits
  • Property is zoned PUD

HOA Fees

  • $123 Monthly HOA Fees

Schools

  • New Market Elementary And Middle School

Community Details

  • Westwinds Subdivision

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 1127544657

Property Details

Property Type

Land

Est. Annual Taxes

$1,829

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Golf Course, Residential, Land/Lot Only
  • New Construction: No
  • Remarks Public: Lot was approved for 3 building lots in 2006 as a preliminary plan with Frederick County or build one home on the lot. Water and electric is located at left corner of lot. If purchasing for building 3 homes the subdivision process will have to be renewed with Frederick County
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.42
  • Street Number Modifier: 11298

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 123.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: NEW MARKET
  • Middle School: NEW MARKET
  • School District Key: 121139693024
  • Elementary School: NEW MARKET
  • Middle Or Junior School: NEW MARKET

Lot Info

  • Lot Size Acres: 1.00
  • Lot Size Area: 43579
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43579.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: PUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11556877
  • Tax Annual Amount: 1829.49
  • Assessor Parcel Number: 1127544657
  • Tax Lot: 95
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/10/2015

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Lee Scott Michael
Bought by
Michael L Scott Revocable Trust
Current Estimated Value
$867,030

Purchase Details

Closed on
Apr 19, 2019
Sold by
Scott Michael and Scott Wanda
Bought by
Scott Trust

Purchase Details

Listed on
Jun 1, 2015
Closed on
Oct 8, 2015
Sold by
Hughes Timothy A and Hughes Kelly K
Bought by
Scott Michael and Scott Wanda
Seller's Agent
Greg Myers
RE/MAX Realty Group
Buyer's Agent
Aaron Marsh
Marsh Realty
List Price
$199,000
Sold Price
$145,000
Premium/Discount to List
-$54,000
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.35%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Lgp Construction Llc
Bought by
Hughes Timothy A and Hughes Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2003
Sold by
Kaylex Partners
Bought by
Lgp Construction Llc

Purchase Details

Closed on
Jul 17, 2003
Sold by
Hoffman Donald R and Hoffman Catherine W
Bought by
Kaylex Partners
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Michael L Scott Revocable Trust -- Oliver Robert P
Scott Michael Lee -- Oliver Robert P
Scott Michael Lee -- None Listed On Document
Scott Trust -- Blue Ridge Title Company
Scott Michael $145,000 Blue Ridge Title Company
Hughes Timothy A $275,000 --
Lgp Construction Llc -- --
Kaylex Partners $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Timothy A $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2015 10/10/15 Sold $145,000 -27.1% --
08/05/2015 08/05/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $199,000 -- --
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 $8,254 $748,367 -- --
2024 $8,254 $674,400 $133,100 $541,300
2023 $7,845 $667,867 $0 $0
2022 $7,769 $661,333 $0 $0
2021 $6,119 $654,800 $156,100 $498,700
2020 $6,119 $654,800 $156,100 $498,700
2019 $5,997 $654,800 $156,100 $498,700
2018 $8,274 $698,500 $156,100 $542,400
2017 $1,696 $146,000 $0 $0
2016 $1,960 $146,000 $0 $0
2015 $1,960 $156,100 $0 $0
2014 $1,960 $156,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Greg Myers

    Remax Realty Group

    Section Image
  • Aaron Marsh

    Buyer's Agent in 2015

    Aaron Marsh

    Marsh Realty

    (240) 674-3227

    8 in this area

    90 Total Sales

    Aaron Marsh
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001187761

Bright MLS

APN: 27-544657

Maryland Frederick County New Market 21774

11298 Panorama Dr, New Market, MD

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