NOT LISTED FOR SALE

305 Spring Bank Way Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $428,998 - $454,000

3 Beds
2.5 Baths
1,807 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $295,000 $163 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,803/month

184 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Attic
  • North Frederick Elementary School Rated A-
  • Colonial Architecture
  • Jogging Path

About This Home

As of October 2019

New "Chandler" 1 Car Garage Townhome Under Construction for July Delivery. Features finished rec room, Owner's Suite with vaulted ceiling, Light Cabinets with White Quartz counters, hardwood on main living level, stainless appliances, PLUS a small back yard! Lease expiring soon? Jump in at today's prices for a Summer move-in! Minutes to shopping, restaurants, downtown Frederick and commuter routes. Closing Assistance Available

Last Agent to Sell the Property

Brittany Newman

(240) 457-9391 bnewman@drbgroup.com DRB Group Realty, LLC License #676252 Listed on: 02/28/2019

DRB Group Realty, LLC

Last Buyer's Agent

Jacquelyn Sherwood

(301) 788-7362 franniesherwood@gmail.com Mackintosh, Inc. License #521912

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1,600 Sq Ft Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,807 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows
  • Entrance Foyer
  • Living Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Association fees include snow removal, road maintenance, management
  • Built by DAN RYAN BUILDERS
  • Spring Bank Subdivision, Chandler II Floorplan

Amenities

  • Common Area

Recreation

  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$65 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Attic, Kitchen - Eat-In, Floor Plan - Open
  • Window Features: Low-E
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer
  • Basement: No
  • Total Sq Ft: 1807
  • Living Area Sq Ft: 1807
  • Price Per Sq Ft: 166.01
  • Above Grade Finished Sq Ft: 1807
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Snow Removal, Road Maintenance, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Zoning: MUN
  • In City Limits: Yes

Building Info

  • Builder Name: DAN RYAN BUILDERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO RECORD
  • Tax Lot: 29
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Oct 30, 2019
Sold by
Dan Ryan Builders Mid Atlantic Llc
Bought by
Friedman Cynthia Ann
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Jacquelyn Sherwood
Mackintosh, Inc.
List Price
$299,977
Sold Price
$295,000
Premium/Discount to List
-$4,977
-1.66%
Current Estimated Value
$431,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,381
Avg. Annual Appreciation
6.63%
Original Mortgage
$135,000
Outstanding Balance
$118,765
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$320,235

Purchase Details

Closed on
Mar 28, 2018
Sold by
Springs Bank Llc
Bought by
Dan Ryan Bulder S Id Atlantic Llc
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
Friedman Cynthia Ann $295,000 Keystone Ttl Setmnt Svcs Llc
Dan Ryan Bulder S Id Atlantic Llc $1,232,500 Keystone Title Settlement Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Cynthia Ann $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $295,000 -1.7% $163 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $299,977 -- $166 / 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 $5,814 $344,900 $75,000 $269,900
2024 $5,814 $324,167 $0 $0
2023 $5,382 $303,433 $0 $0
2022 $5,104 $282,700 $75,000 $207,700
2021 $5,048 $280,767 $0 $0
2020 $5,020 $278,833 $0 $0
2019 $575 $32,500 $32,500 $0
2018 $580 $32,500 $32,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Brittany Newman

    Seller's Agent in 2019

    Brittany Newman

    DRB Group Realty, LLC

    (240) 457-9391

    6 in this area

    2,108 Total Sales

    Brittany Newman
    Section Image
  • Jacquelyn Sherwood

    Buyer's Agent in 2019

    Jacquelyn Sherwood

    Mackintosh, Inc.

    (301) 788-7362

    47 Total Sales

    Jacquelyn Sherwood
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR233352

Bright MLS

APN: 02-595747

Maryland Frederick County Frederick 21701 Wormans Mill

305 Spring Bank Way, Frederick, MD

Not Listed for Sale

Townhouses

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