NOT LISTED FOR SALE

1501 Rising Ridge Rd Mount Airy, MD 21771

Estimated Value: $604,000 - $645,684

4 Beds
3.5 Baths
3,168 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $319,024 $101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,899/month

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Twin Ridge Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2016

TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.

Last Agent to Sell the Property

Sherry Price

(770) 612-7322 sherry.price@RHSS.com RealHome Services and Solutions, Inc. License #654814 Listed on: 01/29/2016

Last Buyer's Agent

Matthew Tomlinson

(240) 793-4633 matthewatomlinson@gmail.com Solara Realty

Solara Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 2006

Lot Details

  • 8,796 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,168 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Living Room
  • Partially Finished Basement
  • Rear Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Schools

  • Twin Ridge Elementary School
  • Windsor Knolls Middle School
  • Linganore High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ridgeville Heights Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 1118401649

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,127

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Remarks Public: TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Rear Entrance, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3168
  • Living Area Sq Ft: 3168
  • Price Per Sq Ft: 105.68
  • Above Grade Finished Sq Ft: 3168
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • 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
  • Parking Features: Garage
  • 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
  • Cooling: Yes
  • 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

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

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: TWIN RIDGE
  • Middle School: WINDSOR KNOLLS
  • High School: LINGANORE
  • School District Key: 121139693024
  • Elementary School: TWIN RIDGE
  • High School: LINGANORE
  • Middle Or Junior School: WINDSOR KNOLLS

Lot Info

  • Improvement Assessed Value: 308400.00
  • Land Assessed Value: 81300.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8796
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8796.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11576891
  • Tax Annual Amount: 5126.77
  • Assessor Parcel Number: 1118401649
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 3180
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
May 20, 2016
Sold by
U S Bank National Association
Bought by
Hobbs Dennis and Hobbs Valerie
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
Matthew Tomlinson
Solara Realty
List Price
$385,840
Sold Price
$319,024
Premium/Discount to List
-$66,816
-17.32%
Current Estimated Value
$632,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,897
Avg. Annual Appreciation
7.54%
Original Mortgage
$303,072
Outstanding Balance
$241,266
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$391,655

Purchase Details

Closed on
Jun 16, 2006
Sold by
Us Home Corporation
Bought by
Sexton Arthur L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,850
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 25, 2006
Sold by
Us Home Corporation
Bought by
Sexton Arthur L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,850
Interest Rate
6.62%
Mortgage Type
Stand Alone Second
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
Hobbs Dennis $319,024 Fidelity Natl Title Ins Co
Sexton Arthur L $532,483 --
Sexton Arthur L $532,483 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Dennis $303,072
Previous Owner Sexton Arthur L $88,850
Previous Owner Sexton Arthur L $88,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $319,024 -4.7% $101 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/08/2016 04/08/16 Price Changed $334,800 -3.2% $106 / Sq Ft
03/22/2016 03/22/16 Price Changed $345,800 -5.0% $109 / Sq Ft
02/19/2016 02/19/16 Price Changed $364,000 -5.7% $115 / Sq Ft
01/29/2016 01/29/16 For Sale $385,840 -- $122 / 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 $6,952 $532,367 -- --
2024 $6,952 $498,300 $120,000 $378,300
2023 $6,283 $475,533 $0 $0
2022 $6,001 $452,767 $0 $0
2021 $5,669 $430,000 $90,000 $340,000
2020 $5,669 $424,767 $0 $0
2019 $5,608 $419,533 $0 $0
2018 $5,605 $414,300 $81,300 $333,000
2017 $5,453 $414,300 $0 $0
2016 $4,511 $397,900 $0 $0
2015 $4,511 $389,700 $0 $0
2014 $4,511 $382,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001195029

Bright MLS

APN: 18-401649