NOT LISTED FOR SALE

2523 Flag Marsh Rd Mount Airy, MD 21771

Estimated Value: $405,000 - $507,000

3 Beds
1 Bath
1,480 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $220,500 $149 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,703/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • No HOA
  • Mount Airy Elementary School Rated A-
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2012

UPDATED THROUGHOUT! Freshly painted. New kitchen & appliances w/ walk-in pantry. Custom hdwd flrs throughout 1st lvl. New hdwd flrs in master bdrm. Updated bathrm. New carpet on UL. Finished bonus rm in basement. Cathedral ceiling in LR w/ FP. Fannie Mae HomePath property. Purchase for as little as 3% down! Property approved for HomePath Renovation & HomePath Mortgage Financing. Sold As Is.

Last Agent to Sell the Property

Dimitri Apostolopoulos

Winmar Advisory LLC Listed on: 03/31/2012

Last Buyer's Agent

Jill Crofcheck

MDC Realty License #225266395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 1952

Lot Details

  • 0.57 Acre Lot
  • Property is in very good condition

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Updated!

Listing and Financial Details

  • Assessor Parcel Number 0713004692

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,714

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1952
  • Remarks Public: UPDATED THROUGHOUT! Freshly painted. New kitchen & appliances w/ walk-in pantry. Custom hdwd flrs throughout 1st lvl. New hdwd flrs in master bdrm. Updated bathrm. New carpet on UL. Finished bonus rm in basement. Cathedral ceiling in LR w/ FP. Fannie Mae HomePath property. Purchase for as little as 3% down! Property approved for HomePath Renovation & HomePath Mortgage Financing. Sold As Is.
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Partially Finished, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 2523

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 102500.00
  • Land Assessed Value: 132900.00
  • Lot Size Acres: 0.57
  • Lot Size Area: 25003
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25003.00
  • Property Condition: Very Good
  • Year Assessed: 2011

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11466580
  • Tax Annual Amount: 2713.56
  • Assessor Parcel Number: 0713004692
  • Tax Total Finished Sq Ft: 1480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/29/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
Jun 29, 2012
Sold by
Fannie Mae
Bought by
Marchany Janero J
Seller's Agent
Dimitri Apostolopoulos
Winmar Advisory LLC
Buyer's Agent
Jill Crofcheck
MDC Realty
List Price
$220,500
Sold Price
$220,500
Current Estimated Value
$446,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,387
Avg. Annual Appreciation
5.66%
Original Mortgage
$225,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
Overholtzer Robert Michael and Overholtzer Heather Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 2, 2006
Sold by
Porter Hilda R
Bought by
Overholtzer Robert Michael and Overholtzer Heather Marie

Purchase Details

Closed on
Apr 20, 2006
Sold by
Porter Hilda R
Bought by
Overholtzer Robert Michael and Overholtzer Heather Marie
Source: Public Records

Range of Values:

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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
Marchany Janero J $220,500 Gateway Title Inc
Federal National Mortgage Association $386,346 None Available
Overholtzer Robert Michael $300,000 --
Overholtzer Robert Michael $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchany Janero J $65,000
Open Marchany Janero J $286,400
Closed Marchany Janero J $217,500
Closed Marchany Janero J $50,000
Closed Marchany Janero J $225,000
Previous Owner Overholtzer Robert Michael $356,000
Previous Owner Overholtzer Robert Michael $43,000
Previous Owner Overholtzer Robert Michael $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $220,500 0.0% $149 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $220,500 -- $149 / 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 $3,215 $314,300 $0 $0
2024 $3,215 $293,100 $162,900 $130,200
2023 $3,121 $276,167 $0 $0
2022 $2,914 $259,233 $0 $0
2021 $5,716 $242,300 $125,900 $116,400
2020 $2,715 $234,967 $0 $0
2019 $2,632 $227,633 $0 $0
2018 $2,527 $220,300 $105,800 $114,500
2017 $2,474 $215,600 $0 $0
2016 -- $210,900 $0 $0
2015 -- $206,200 $0 $0
2014 -- $206,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003921032

Bright MLS

APN: 13-004692