NOT LISTED FOR SALE

1501 Laurel Wood Way Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $399,000 - $430,000

4 Beds
3.5 Baths
1,720 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $354,000 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,713/month

6 Days on Market

Highlights

  • Community Basketball Court
  • Den
  • Laundry Room
  • Walkersville High School Rated A-
  • Living Room
  • Entrance Foyer

About This Home

As of August 2021

Large End Unit Townhouse. Brand new kitchen with granite counters and stainless steel appliances. New flooring throughout. New bathroom and powder room upgrades. New maintenance free decking on large deck overlooking yard. New paint. New landscaping. Enlarged owner's suite with private bath and walk-in closet. Extra storage. Luxury flooring throughout main level. Finished lower level with private den, full bath and living space with glass walkout door. Private fenced backyard.

Last Agent to Sell the Property

Dave Bowers

Frederick Land & Home, LLC. License #656484 Listed on: 06/27/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 2001

Lot Details

  • 3,111 Sq Ft Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Side-by-Side
  • Split Foyer
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Entrance Foyer
  • Family Room
  • Living Room
  • Den
  • Finished Basement
  • Laundry in Basement
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • Walkersville Elementary And Middle School
  • Walkersville High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 1102215233

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, management, road maintenance, snow removal
  • Main Farm Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,802

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Split Foyer, Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Large End Unit Townhouse. Brand new kitchen with granite counters and stainless steel appliances. New flooring throughout. New bathroom and powder room upgrades. New maintenance free decking on large deck overlooking yard. New paint. New landscaping. Enlarged owner's suite with private bath and walk-in closet. Extra storage. Luxury flooring throughout main level. Finished lower level with private den, full bath and living space with glass walkout door. Private fenced backyard.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 1720
  • Price Per Sq Ft: 229.61
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 560
  • Total Below Grade Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Management, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: WALKERSVILLE
  • Middle School: WALKERSVILLE
  • High School: WALKERSVILLE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139693024
  • School District Source: 3rd Party
  • Elementary School: WALKERSVILLE
  • High School: WALKERSVILLE
  • Middle Or Junior School: WALKERSVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 142100.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 010
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3111.00
  • Year Assessed: 2021
  • Zoning: R16
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11575176
  • Tax Annual Amount: 3802.00
  • Assessor Parcel Number: 1102215233
  • Tax Lot: 61
  • Tax Total Finished Sq Ft: 1720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/20/2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 20, 2021
Sold by
New Paula T
Bought by
Waters Jennifer and Waters Allen
Seller's Agent
Dave Bowers
Frederick Land & Home, LLC.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$349,000
Sold Price
$354,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$410,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,466
Avg. Annual Appreciation
3.20%
Original Mortgage
$347,588
Outstanding Balance
$319,280
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$82,477

Purchase Details

Closed on
Aug 31, 2020
Sold by
Stolz Timothy and Stolz Amanda Rachel
Bought by
New Paula T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,463
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Aug 9, 2007
Sold by
Higuera Guadalupe
Bought by
Stolz Timothy Amanda Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Higuera Guadalupe
Bought by
Stolz Timothy Amanda Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Wachter Bruce
Bought by
Higuera Guadalupe and Quintana Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
Wachter Bruce
Bought by
Higuera Guadalupe and Quintana Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Indymac Mortgage Holdings Inc
Bought by
Wachter Bruce
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
Waters Jennifer $354,000 None Available
New Paula T $261,450 None Available
Stolz Timothy Amanda Rachel E $285,000 --
Stolz Timothy Amanda Rachel E $285,000 --
Higuera Guadalupe $330,000 --
Higuera Guadalupe $330,000 --
Wachter Bruce $143,360 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Jennifer $347,588
Previous Owner New Paula T $267,463
Previous Owner Stolz Timothy Amanda Rachel E $285,000
Previous Owner Stolz Timothy Amanda Rachel E $285,000
Previous Owner Higuera Guadalupe $264,000
Previous Owner Higuera Guadalupe $264,000
Previous Owner Wachter Bruce $216,000
Previous Owner Wachter Bruce $25,000
Closed Wachter Bruce --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $354,000 +1.4% $206 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $349,000 -- $203 / 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 $5,106 $345,700 $75,000 $270,700
2024 $5,106 $302,833 $0 $0
2023 $4,718 $259,967 $0 $0
2022 $3,940 $217,100 $75,000 $142,100
2021 $3,864 $212,567 $0 $0
2020 $3,803 $208,033 $0 $0
2019 $3,686 $203,500 $65,000 $138,500
2018 $3,630 $203,500 $65,000 $138,500
2017 $3,715 $203,500 $0 $0
2016 $3,465 $205,700 $0 $0
2015 $3,465 $199,367 $0 $0
2014 $3,465 $193,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Bowers

    Seller's Agent in 2021

    Dave Bowers

    Frederick Land & Home, LLC.

    (240) 674-2626

    10 in this area

    109 Total Sales

    Dave Bowers
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Map

Source: Bright MLS

MLS Number: MDFR284326

Bright MLS

APN: 02-215233

Maryland Frederick County Frederick 21701 Wormans Mill

1501 Laurel Wood Way, Frederick, MD

This home is located at 1501 Laurel Wood Way, Frederick, MD 21701 since 27 June 2021 and is currently estimated at $410,466, approximately $238 per square foot. This property was built in 2001. 1501 Laurel Wood Way is a home located in Frederick County with nearby schools including Walkersville Elementary School, Walkersville Middle School, and Walkersville High School.

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