NOT LISTED FOR SALE

2520 Waterside Dr Unit 308 Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $355,000 - $402,000

2 Beds
2.5 Baths
1,523 Sq Ft
$418/mo HOA Fee

Last Sold December 09, 2013

Last sale price $210,000 $138 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,805/month

104 Days on Market

Highlights

  • 24-Hour Security
  • Traditional Floor Plan
  • Wood Flooring
  • Walkersville Middle School Rated 9+
  • Rambler Architecture
  • 4-minute walk to Worman's Mill Village Square

About This Home

As of December 2013

Gorgeous and Bright condo. Like new with hardwood and ceramic floors. Large kitchen, fireplace, arched doorways and columns add designer details to this home. Large master suite with large soaking tub and separate shower. Convenient garage parking and convenient location make this a super property. Check out the virtual tour!!

Last Agent to Sell the Property

Audrey June-Forshey

(301) 938-8028 audreyforshey@gmail.com RE/MAX Realty Services Listed on: 08/01/2013

RE/MAX Realty Services

Last Buyer's Agent

Sarah Collins

(301) 471-8857 sarah@suecollinshomes.com RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 2002

Lot Details

  • Northwest Facing Home
  • Property is in very good condition

HOA Fees

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,523 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • Sliding Doors
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Unassigned Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Tax Lot 308
  • Assessor Parcel Number 1102243202

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, insurance, snow removal, trash
  • Low-Rise Condominium
  • Wormans Mill Community
  • Wormans Mill Subdivision
  • The community has rules related to moving in times, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Common Area

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,481

Year Built

Built in 2002

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Exhaust Fan, Dishwasher, Oven/Range - Gas, Refrigerator, Microwave, Dryer, Washer
  • Interior Amenities: Dining Area, Crown Moldings, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1523
  • Living Area Sq Ft: 1523
  • Price Per Sq Ft: 141.10
  • Above Grade Finished Sq Ft: 1523
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Unassigned
  • Garage Features: Garage Door Opener, Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Exterior Cameras, Intercom, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 360.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Parking, Moving In Times, Moving Fees Required, Elevator Use, Pets - Allowed, Pets - Size Restrict, Rv/Boat/Trail
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 146000.00
  • Land Assessed Value: 49000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: PND
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11575294
  • Tax Annual Amount: 3480.75
  • Assessor Parcel Number: 1102243202
  • Tax Lot: 308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 9, 2013
Sold by
Brown Robert T and Brown Lisa M
Bought by
Kim Hyonjin
Seller's Agent
Audrey June-Forshey
RE/MAX Realty Services
Buyer's Agent
Sarah Collins
RE/MAX Results
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Current Estimated Value
$378,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,529
Avg. Annual Appreciation
5.04%
Original Mortgage
$199,500
Outstanding Balance
$148,759
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$229,770

Purchase Details

Closed on
Aug 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Brown Dorothy M and Brown Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,457
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Fannie Mae
Bought by
Brown Dorothy M and Brown Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,457
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Moreland Thomas E and Moreland Sandra L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 14, 2011
Sold by
Moreland Sandra L and Moreland Thomas E
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 26, 2005
Sold by
Gowl Harry F
Bought by
Moreland Thomas E and Moreland Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Gowl Harry F
Bought by
Moreland Thomas E and Moreland Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Wormald Condominium Company Llc
Bought by
Gowl Harry F
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
Kim Hyonjin $210,000 None Available
Brown Dorothy M $178,285 --
Brown Dorothy M $178,285 Fatic
Brown Dorothy M $178,285 --
Federal National Mortgage Association $256,022 --
Fannie Mae $256,022 First Financial Title
Federal National Mortgage Association $256,022 --
Moreland Thomas E $319,000 --
Moreland Thomas E $319,000 --
Gowl Harry F $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hyonjin $199,500
Previous Owner Brown Dorothy M $160,457
Previous Owner Brown Dorothy M $160,457
Previous Owner Moreland Thomas E $255,200
Previous Owner Moreland Thomas E $255,200
Closed Gowl Harry F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2013 12/09/13 Sold $210,000 -2.3% $138 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $214,900 -- $141 / 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 $4,724 $322,000 $90,000 $232,000
2024 $4,724 $291,333 $0 $0
2023 $4,363 $260,667 $0 $0
2022 $4,169 $230,000 $50,000 $180,000
2021 $4,037 $226,667 $0 $0
2020 $4,000 $223,333 $0 $0
2019 $3,861 $220,000 $50,000 $170,000
2018 $3,706 $208,667 $0 $0
2017 $3,500 $220,000 $0 $0
2016 $3,576 $186,000 $0 $0
2015 $3,576 $186,000 $0 $0
2014 $3,576 $186,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003650532

Bright MLS

APN: 02-243202