NOT LISTED FOR SALE

1315 Boundary Peak Terrace Frederick, MD 21702

Estimated Value: $644,635 - $692,000

5 Beds
3 Baths
2,321 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $584,990 $252 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,328/month

109 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Frederick High School Rated A-
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of February 2024

Located in the laid back city of Frederick, MD, Sycamore Ridge is a master plan community with new single-family homes and town homes for sale that offers a central location and plenty to do nearby. Just minutes from highway I-70, residents have an easy commute into Washington D.C or Baltimore. Gambrill State Park is just down the road and offers a great place to go hiking, camping, fishing or horseback riding. Plus, there are plenty of local cafes, gastro-pubs, BBQ restaurants and boutiques in downtown Frederick. This beautiful Somerset model offers luxurious living space with an open floor plan with 5 bedrooms and 3 full bath. Upper level includes 4 bedrooms and 2 full baths, and laundry room. Main level has spacious floor plan with the family room off the kitchen, a formal dining room, a guest suite with full bathroom. Full of natural light, beautiful wide luxurious vinyl plank floors, stainless steel appliances and plenty of space, Somerset offers modern architecture with cozy feel just to satisfy your lifestyle. **Photos are of the model home not an actual house. Finishes might vary. Floor plan, square footage and room count does not change. Homesite 60 will be ready in January 2024. $10,000 closing cost help with the use of the builders lender.

Last Agent to Sell the Property

Tracy Whitaker

(240) 380-5585 tracy4thompson@gmail.com DRB Group Realty, LLC License #628619 Listed on: 09/05/2023

Last Buyer's Agent

VENUGOPAL RAVVA

(571) 294-7339 ravva.realty@gmail.com Maram Realty, LLC License #0225256384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,691 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Shake Siding
  • Rough-In Plumbing

Interior Spaces

  • 2,321 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Family Room Off Kitchen
  • Formal Dining Room
  • Laundry on upper level
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Playground

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Association fees include common area maintenance
  • Built by Lennar
  • Sycamore Ridge Subdivision, Somerset Floorplan

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 1102605241

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the laid back city of Frederick, MD, Sycamore Ridge is a master plan community with new single-family homes and town homes for sale that offers a central location and plenty to do nearby. Just minutes from highway I-70, residents have an easy commute into Washington D.C or Baltimore. Gambrill State Park is just down the road and offers a great place to go hiking, camping, fishing or horseback riding. Plus, there are plenty of local cafes, gastro-pubs, BBQ restaurants and boutiques in downtown Frederick. This beautiful Somerset model offers luxurious living space with an open floor plan with 5 bedrooms and 3 full bath. Upper level includes 4 bedrooms and 2 full baths, and laundry room. Main level has spacious floor plan with the family room off the kitchen, a formal dining room, a guest suite with full bathroom. Full of natural light, beautiful wide luxurious vinyl plank floors, stainless steel appliances and plenty of space, Somerset offers modern architecture with cozy feel just to satisfy your lifestyle. **Photos are of the model home not an actual house. Finishes might vary. Floor plan, square footage and room count does not change. Homesite 60 will be ready in January 2024. $10,000 closing cost help with the use of the builders lender.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Walk-In Closet(s), Store/Office
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2321
  • Living Area Sq Ft: 2321
  • Price Per Sq Ft: 252.04
  • Above Grade Finished Sq Ft: 2321
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1315

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shake Siding, Rough-In Plumbing
  • Construction Completed: No
  • Exterior Features: Play Area, Sidewalks
  • 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: 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

  • HOA Fees: 70.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6691.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Builder Name: Lennar

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2082.00
  • Assessor Parcel Number: 1102605241
  • Tax Lot: 60
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/26/2024

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Feb 23, 2024
Sold by
Us Home Llc
Bought by
Boggavarapu Srinivasarao
Seller's Agent
Tracy Whitaker
DRB Group Realty, LLC
Buyer's Agent
VENUGOPAL RAVVA
Maram Realty, LLC
List Price
$619,149
Sold Price
$584,990
Premium/Discount to List
-$34,159
-5.52%
Views
311
Current Estimated Value
$663,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,919
Avg. Annual Appreciation
8.23%
Original Mortgage
$526,490
Outstanding Balance
$517,168
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$146,741

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 15, 2024
Sold by
Caidlyn Llc and Sycamore Ridge Llc
Bought by
Nvr Inc
Seller's Agent
Tracy Whitaker
DRB Group Realty, LLC
Buyer's Agent
VENUGOPAL RAVVA
Maram Realty, LLC
List Price
$619,149
Sold Price
$584,990
Premium/Discount to List
-$34,159
-5.52%
Views
311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,490
Outstanding Balance
$517,168
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$146,741
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boggavarapu Srinivasarao $584,990 None Listed On Document
Boggavarapu Srinivasarao $584,990 None Listed On Document
Nvr Inc $3,367,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boggavarapu Srinivasarao $526,490
Closed Boggavarapu Srinivasarao $526,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $584,990 0.0% $252 / Sq Ft
12/31/2023 12/31/23 Price Changed $584,990 -2.5% $252 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/09/2023 12/09/23 Price Changed $599,990 -3.6% $259 / Sq Ft
10/06/2023 10/06/23 Price Changed $622,140 +0.5% $268 / Sq Ft
09/05/2023 09/05/23 For Sale $619,149 -- $267 / 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 $8,856 $539,100 $115,800 $423,300
2024 $8,856 $478,400 $0 $0
2023 $2,082 $115,800 $115,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Whitaker

    Seller's Agent in 2024

    Tracy Whitaker

    DRB Group Realty, LLC

    (240) 380-5585

    6 in this area

    78 Total Sales

    Tracy Whitaker
    Section Image
  • VENUGOPAL RAVVA

    Buyer's Agent in 2024

    VENUGOPAL RAVVA

    Maram Realty, LLC

    (571) 294-7339

    2 in this area

    317 Total Sales

    VENUGOPAL RAVVA
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDFR2039450

Bright MLS

APN: 02-605241

Maryland Frederick County Frederick 21702

1315 Boundary Peak Terrace, Frederick, MD

This home is located at 1315 Boundary Peak Terrace, Frederick, MD 21702 since 05 September 2023 and is currently estimated at $663,909, approximately $286 per square foot. This property was built in 2023. 1315 Boundary Peak Terrace is a home located in Frederick County with nearby schools including Whittier Elementary School, West Frederick Middle School, and Frederick High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes