NOT LISTED FOR SALE

2509 Shelley Cir Unit 51A Frederick, MD 21702

Whittier Neighborhood

Estimated Value: $288,000 - $313,000

2 Beds
2 Baths
1,388 Sq Ft
$208/mo HOA Fee

Last Sold March 23, 2012

Last sale price $133,000 $96 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,106/month

32 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Main Floor Bedroom
  • Frederick High School Rated A-
  • Rambler Architecture
  • Day Care Facility

About This Home

As of March 2012

** PLEASE NOTE ** THIS property is being sold subject to 24 CFR 206.125, Fannie Mae Reverse Mortgage REO: Seller will NOT pay closing cost ! Great ground floor unit, please enter from Patio front door! Open, Spacious and Modern, Good shape needs a little clean up! Fantastic Kitchen and Breakfast room area. Super Price, Priced at most recent Appraisal Value

Last Agent to Sell the Property

Scott Lokey

(301) 668-5082 scottlokey@premiumrealtyassociates.com Premium Realty Associates Listed on: 12/05/2011

Last Buyer's Agent

Scott Lokey

(301) 668-5082 scottlokey@premiumrealtyassociates.com Premium Realty Associates Listed on: 12/05/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Rambler Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5 1A
  • Assessor Parcel Number 1102255960

Community Details

Overview

  • Association fees include reserve funds
  • Low-Rise Condominium
  • Ground Floor
  • Ridgeview Community
  • Community Lake

Amenities

  • Day Care Facility
  • Convenience Store

Recreation

  • Baseball Field

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,739

Year Built

Built in 2005

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Dining Area, Master Bath(s), Entry Level Bedroom, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Foyer, Breakfast Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1388
  • Living Area Sq Ft: 1388
  • Price Per Sq Ft: 95.82
  • Above Grade Finished Sq Ft: 1388
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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 Front, Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

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: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 280.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 185.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Baseball Field, Convenience Store, Day Care, Lake
  • HOA Condo Co-Op Fee Includes: Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PND
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11579118
  • Tax Annual Amount: 2739.00
  • Assessor Parcel Number: 1102255960
  • Tax Lot: 5 1A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2011
Closed on
Mar 23, 2012
Sold by
Fannie Mae
Bought by
Oconnor Mary
Seller's Agent
Scott Lokey
Premium Realty Associates
Buyer's Agent
Scott Lokey
Premium Realty Associates
List Price
$133,000
Sold Price
$133,000
Current Estimated Value
$296,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,111
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Aug 12, 2011
Sold by
Wells Barbara B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2006
Sold by
Bennett Willis W
Bought by
Bennett Willis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2006
Sold by
Bennett Willis W
Bought by
Bennett Willis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2005
Sold by
Yousif Imran
Bought by
Bennett Willis W and Wells Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,400
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2005
Sold by
Echo Glen Builders Inc
Bought by
Yousif Imran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,400
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oconnor Mary $133,000 American Trust Title Llc
Federal National Mortgage Association $158,611 None Available
Bennett Willis W -- --
Bennett Willis W -- --
Bennett Willis W $259,000 --
Yousif Imran $210,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Willis W $390,000
Previous Owner Bennett Willis W $390,000
Previous Owner Yousif Imran $168,400
Previous Owner Yousif Imran $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $133,000 0.0% $96 / Sq Ft
01/09/2012 01/09/12 For Sale $133,000 0.0% $96 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
12/22/2011 12/22/11 Pending -- -- --
12/05/2011 12/05/11 For Sale $133,000 -- $96 / 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 $4,069 $240,000 $70,000 $170,000
2024 $4,069 $219,333 $0 $0
2023 $3,620 $198,667 $0 $0
2022 $3,237 $178,000 $50,000 $128,000
2021 $3,134 $173,667 $0 $0
2020 $3,073 $169,333 $0 $0
2019 $2,966 $165,000 $45,000 $120,000
2018 $2,914 $163,333 $0 $0
2017 $2,870 $165,000 $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: 1004785971

Bright MLS

APN: 02-255960