NOT LISTED FOR SALE

Park Place 2500 Waterside Dr Unit 401 Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $481,000 - $550,000

3 Beds
3 Baths
2,433 Sq Ft
$507/mo HOA Fee

Last Sold May 31, 2016

Last sale price $369,000 $152 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,718/month

37 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • City View
  • Walkersville Middle School Rated 9+
  • Eat-In Gourmet Kitchen
  • 4-minute walk to Worman's Mill Village Square

About This Home

As of May 2016

One of a Kind Luxury Penthouse in Exclusive Community! Magnificent 360 degree views of surrounding mountains can be seen from the conservatory , sunset from 2 separate balconies. 2500 sqft. of elegance ;crown molding, 10 tray , vaulted ceilings, hardwood flrs, gas fireplace, loft , formal living room, &dining room, granite,stainless steel appliances,3 bdrms .Open House 2/9/16 3-5PM w/Refreshments

Last Agent to Sell the Property

Lori Duke

(240) 285-7071 l.duke@c21redwood.com Samson Properties Listed on: 01/20/2016

Samson Properties

Last Buyer's Agent

Nancy Bowlus

(240) 446-6818 nancy@nancybowlus.com RE/MAX Results License #40043

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,843

Year Built

  • Built in 1999

Lot Details

  • 2,439

HOA Fees

Parking

  • Subterranean Parking

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,433 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Intercom
  • Exterior Cameras

Schools

  • Walkersville Elementary And Middle School
  • Walkersville High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Cooling and Heating System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1102224860

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, parking fee, pool(s), recreation facility, trash, water, reserve funds, snow removal
  • $58 Other Monthly Fees
  • Low-Rise Condominium
  • Wormans Mill Community
  • Wormans Mill Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Jogging Path

Pet Policy

  • Pet Size Limit

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,843

Year Built

Built in 1999

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1999
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer - Front Loading, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Icemaker, Microwave, Oven - Double, Oven/Range - Electric
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Eat-In, Breakfast Area, Dining Area, Primary Bath(s), Entry Level Bedroom, Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Elevator, Wood Floors, Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Tray Ceilings, Vaulted Ceilings, Cathedral Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Kitchen, 2nd Stry Fam Rm, Sun/Florida Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2433
  • Living Area Sq Ft: 2433
  • Price Per Sq Ft: 155.77
  • Above Grade Finished Sq Ft: 2433
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Vinyl Siding
  • Pool Private: Yes
  • Roof: Asphalt
  • View: City, Mountain
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Zoned, Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 449.31
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Elevator, Exercise Room, Jog/Walk Path, Party Room, Pool - Outdoor, Soccer Field, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Parking Fee, Pool(s), Recreation Facility, Trash, Water, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Rules: Pets - Size Restrict
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 58.00
  • Other Fees Frequency: Monthly

Schools

  • Elementary School: WALKERSVILLE
  • High School: WALKERSVILLE
  • Middle Or Junior School: WALKERSVILLE

Lot Info

  • Improvement Assessed Value: 230000.00
  • Land Assessed Value: 50000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PND
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11568703
  • Tax Annual Amount: 4842.64
  • Assessor Parcel Number: 1102224860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
May 31, 2016
Sold by
Baker James and Baker Helen
Bought by
Bennett Robert L and Bennett Linda R
Seller's Agent
Lori Duke
Samson Properties
Buyer's Agent
Nancy Bowlus
RE/MAX Results
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Current Estimated Value
$500,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,160
Avg. Annual Appreciation
3.23%
Original Mortgage
$267,200
Outstanding Balance
$211,265
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$288,895

Purchase Details

Listed on
Jul 26, 2012
Closed on
Aug 24, 2012
Sold by
Beatty Pamela M
Bought by
Baker James and Baker Helen
Seller's Agent
Rose Bartz
Keller Williams Realty Centre
Buyer's Agent
Julie Robinson
RE/MAX Realty Group
List Price
$284,900
Sold Price
$295,000
Premium/Discount to List
$10,100
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Rezash Joseph R and Rezash Gretchen A
Bought by
Beatty Pamela M

Purchase Details

Closed on
Feb 25, 2005
Sold by
Shearman Dolores H&Rev Trust
Bought by
Rezash Joseph R and Rezash Gretchen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1999
Sold by
Wormald Condominium Company Llc
Bought by
Shearman Dolores H & Rev Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennett Robert L $369,000 First American Title Ins Co
Baker James $295,000 Title Resources Guaranty Co
Beatty Pamela M $294,000 --
Rezash Joseph R $429,000 --
Shearman Dolores H & Rev Trust $310,798 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Robert L $267,200
Previous Owner Rezash Joseph R $343,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2016 05/31/16 Sold $369,000 -2.6% $152 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $379,000 +28.5% $156 / Sq Ft
08/30/2012 08/30/12 Sold $295,000 +3.5% $120 / Sq Ft View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $284,900 -- $116 / 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 $7,093 $401,000 $100,000 $301,000
2024 $7,093 $384,333 $0 $0
2023 $6,597 $367,667 $0 $0
2022 $6,336 $351,000 $70,000 $281,000
2021 $6,182 $351,000 $70,000 $281,000
2020 $6,138 $351,000 $70,000 $281,000
2019 $5,810 $351,000 $50,000 $301,000
2018 $5,839 $327,333 $0 $0
2017 $4,986 $351,000 $0 $0
2016 $4,933 $280,000 $0 $0
2015 $4,933 $276,667 $0 $0
2014 $4,933 $273,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Duke

    Seller's Agent in 2016

    Lori Duke

    Samson Properties

    (240) 285-7071

    2 in this area

    18 Total Sales

    Lori Duke
    Section Image
  • Nancy Bowlus

    Buyer's Agent in 2016

    Nancy Bowlus

    RE/MAX

    (240) 446-6818

    21 in this area

    97 Total Sales

    Nancy Bowlus
    Section Image
  • Rose Bartz

    Seller's Agent in 2012

    Rose Bartz

    Keller Williams Realty Centre

    (301) 788-1468

    5 in this area

    150 Total Sales

    Rose Bartz
    Section Image
  • Julie Robinson

    Buyer's Agent in 2012

    Julie Robinson

    Remax Realty Group

    (301) 674-8930

    1 in this area

    165 Total Sales

    Julie Robinson
    Section Image
See All Agents

About Park Place

Map

Source: Bright MLS

MLS Number: 1001195289

Bright MLS

APN: 02-224860

Maryland Frederick County Frederick 21701 Wormans Mill

2500 Waterside Dr Unit 401, Frederick, MD

Not Listed for Sale

Condos

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