NOT LISTED FOR SALE

2506 Shelley Cir Unit 3C Frederick, MD 21702

Whittier Neighborhood

Estimated Value: $284,000 - $307,000

1 Bed
2 Baths
1,370 Sq Ft
$223/mo HOA Fee

Last Sold May 16, 2014

Last sale price $149,900 $109 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,136/month

95 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Combination Kitchen and Living
  • Frederick High School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of May 2014

Beautiful 3rd floor condo in Whittier, no units above! Hardwood floors throughout, new paint, new appliances. Condo was converted to a one bedroom but has potential for second. Open floor plan, vaulted ceilings, rear facing walkout balcony. Great commuter location and easy access to shopping centers. A MUST SEE!

Last Agent to Sell the Property

Jeanne Pino

jpino@cbimove.com Real Estate Innovations Listed on: 01/17/2014

Last Buyer's Agent

Lauren Olson

(240) 674-7744 lauren@olsonsmithandco.com RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 2006

HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,370 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 7 3C
  • Assessor Parcel Number 1102262584

Community Details

Overview

  • Association fees include water, sewer
  • $24 Other Monthly Fees
  • Low-Rise Condominium
  • Ridgeview II Community
  • Ridgeview II Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,667

Year Built

Built in 2006

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Stove, Refrigerator, Microwave, Washer, Dryer
  • Interior Amenities: Combination Kitchen/Living, Dining Area, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1370
  • Living Area Sq Ft: 1370
  • Price Per Sq Ft: 109.42
  • Above Grade Finished Sq Ft: 1370
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 199.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 286.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Water, Sewer
  • HOA: Yes

Fee Information

  • Other Fees: 286.00
  • Other Fees Frequency: Annually

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: PND
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2667.30
  • Assessor Parcel Number: 1102262584
  • Tax Lot: 7 3C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 15, 2014
Sold by
Fannie Mae
Bought by
Korrell Terry E and Korrell Doris Jeanne
Seller's Agent
Jeanne Pino
Real Estate Innovations
Buyer's Agent
Lauren Olson
RE/MAX Results
List Price
$208,800
Sold Price
$149,900
Premium/Discount to List
-$58,900
-28.21%
Current Estimated Value
$294,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,940
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Jan 15, 2014
Sold by
Becker James Leland
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 1, 2005
Sold by
Echo Glen Builders Inc
Bought by
Becker James Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Echo Glen Builders Inc
Bought by
Becker James Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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
Korrell Terry E $149,900 None Available
Federal National Mortgage Association $228,031 None Available
Becker James Leland $301,100 --
Becker James Leland $301,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker James Leland $191,000
Previous Owner Becker James Leland $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $149,900 0.0% $109 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/19/2014 04/19/14 Price Changed $149,900 -11.3% $109 / Sq Ft
03/22/2014 03/22/14 Price Changed $169,000 -8.6% $123 / Sq Ft
02/16/2014 02/16/14 Price Changed $185,000 -11.4% $135 / Sq Ft
01/17/2014 01/17/14 For Sale $208,800 -- $152 / 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 $4,326 $260,000 $70,000 $190,000
2024 $4,326 $233,333 $0 $0
2023 $3,729 $206,667 $0 $0
2022 $3,243 $180,000 $50,000 $130,000
2021 $3,128 $173,333 $0 $0
2020 $2,997 $166,667 $0 $0
2019 $2,878 $160,000 $45,000 $115,000
2018 $2,903 $160,000 $45,000 $115,000
2017 $2,874 $160,000 $0 $0
2016 $2,762 $160,000 $0 $0
2015 $2,762 $156,667 $0 $0
2014 $2,762 $153,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002803846

Bright MLS

APN: 02-262584