NOT LISTED FOR SALE

2520 Waterside Dr Unit 402 Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $439,959 - $556,000

3 Beds
2 Baths
1,977 Sq Ft
$502/mo HOA Fee

Last Sold January 26, 2018

Last sale price $349,000 $177 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,586/month

1 Day on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Walkersville Middle School Rated 9+
  • Open Floorplan
  • 4-minute walk to Worman's Mill Village Square

About This Home

As of January 2018

Beautifully updated/upgraded penthouse. Nearly 2000 sq. ft. featuring hardwood flooring, updated bathrooms, and open concept dining room/living room space. Two sided fireplace separates living room and family room. Upgraded kitchen with eat-in space. Two balconies with stunning mountain views. One parking space in garage, one assigned front parking, and outside storage unit. MUST SEE!

Last Agent to Sell the Property

Libby Rhode

(301) 639-1897 homesbyrhodes@kw.com Keller Williams Realty Centre License #0647390 Listed on: 12/26/2017

Keller Williams Realty Centre

Last Buyer's Agent

Jim Bass

(301) 695-0000 Jim@jbreg.com Real Estate Teams, LLC License #321146

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 2002 | Remodeled in 2017

Lot Details

  • 1,960

HOA Fees

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,977 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Parking Space Number Location: 2
  • Basement Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Schools

  • Walkersville Elementary And Middle School

Utilities

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

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 402
  • Assessor Parcel Number 1102243296

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Wormans Mill Community
  • Wormans Mill Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Community Library
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 2002 | Remodeled in 2017

Lot Details

0

HOA Fees

$502 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: 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Elevator, Wood Floors, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings, Dry Wall
  • Entry Location: Penthouse
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1977
  • Living Area Sq Ft: 1977
  • Price Per Sq Ft: 179.06
  • Above Grade Finished Sq Ft: 1977
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Attached
  • Parking Space Number Assigned: 2
  • Garage Features: Basement Garage, Garage Door Opener

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Sprinkler System - Indoor, Carbon Monoxide Detector(s), Smoke Detector, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 436.99
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Jog/Walk Path, Library, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Pets - Size Restrict, Restrictions
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 260000.00
  • 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: 11575113
  • Tax Annual Amount: 4591.53
  • Assessor Parcel Number: 1102243296
  • Tax Lot: 402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Metering: Fully Separate

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Jan 26, 2018
Sold by
Rhodes Elizabeth and Rhodes Philip
Bought by
Deavours Susan Kae
Seller's Agent
Libby Rhode
Keller Williams Realty Centre
Buyer's Agent
Jim Bass
Real Estate Teams, LLC
List Price
$354,000
Sold Price
$349,000
Premium/Discount to List
-$5,000
-1.41%
Current Estimated Value
$479,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,490
Avg. Annual Appreciation
4.12%
Original Mortgage
$261,750
Outstanding Balance
$221,400
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$258,090

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 22, 2016
Sold by
Jochum Patsy Leigh
Bought by
Rhodes Philip and Rhodes Elizabeth
Seller's Agent
Terry La Scola
Welcome Home Realty Group
Buyer's Agent
Libby Rhode
Keller Williams Realty Centre
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$139,900
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2015
Closed on
Jun 12, 2015
Sold by
Funk Diana R
Bought by
Jochum Patsy Leigh
Seller's Agent
Mike Hansell
RE/MAX Results
Buyer's Agent
Rose Bartz
Keller Williams Realty Centre
List Price
$339,000
Sold Price
$327,000
Premium/Discount to List
-$12,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jun 19, 2012
Sold by
Parreco Arnold N
Bought by
Funk Diana R
Seller's Agent
Betty Kernan
RE/MAX Achievers
Buyer's Agent
Betty Kernan
RE/MAX Achievers
List Price
$260,000
Sold Price
$249,000
Premium/Discount to List
-$11,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$235,856
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2006
Sold by
Jackson Hagan L and Jackson Margaret W
Bought by
Parreco Arnold N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Jackson Hagan L and Jackson Margaret W
Bought by
Parreco Arnold N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2002
Sold by
Wormald Condominium Company Llc
Bought by
Jackson Hagan L and Jackson Margaret W
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
Deavours Susan Kae $349,000 None Available
Rhodes Philip $339,900 Title Forward
Jochum Patsy Leigh $327,000 Clear Title Llc
Funk Diana R $244,000 Commonwealth Land Title Insu
Parreco Arnold N $398,000 --
Parreco Arnold N $398,000 --
Jackson Hagan L $302,191 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deavours Susan Kae $261,750
Previous Owner Rhodes Philip $139,900
Previous Owner Funk Diana R $235,856
Previous Owner Parreco Arnold N $318,400
Previous Owner Parreco Arnold N $318,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2018 01/26/18 Sold $349,000 -1.4% $177 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/26/2017 12/26/17 For Sale $354,000 +4.1% $179 / Sq Ft
12/22/2016 12/22/16 Sold $339,900 0.0% $172 / Sq Ft View Prior Sale
11/28/2016 11/28/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $339,900 +3.9% $172 / Sq Ft
06/12/2015 06/12/15 Sold $327,000 -3.5% $165 / Sq Ft View Prior Sale
05/14/2015 05/14/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $339,000 +36.1% $171 / Sq Ft
06/19/2012 06/19/12 Sold $249,000 -0.4% $126 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
04/05/2012 04/05/12 Price Changed $249,999 -3.8% $126 / Sq Ft
01/25/2012 01/25/12 For Sale $260,000 -- $132 / 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 $6,708 $380,000 $100,000 $280,000
2024 $6,708 $363,333 $0 $0
2023 $6,220 $346,667 $0 $0
2022 $5,960 $330,000 $70,000 $260,000
2021 $5,668 $323,333 $0 $0
2020 $5,595 $316,667 $0 $0
2019 $5,288 $310,000 $50,000 $260,000
2018 $5,018 $281,333 $0 $0
2017 $3,999 $310,000 $0 $0
2016 $4,282 $224,000 $0 $0
2015 $4,282 $224,000 $0 $0
2014 $4,282 $224,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004365467

Bright MLS

APN: 02-243296