NOT LISTED FOR SALE

316 Freedom Ln Centreville, MD 21617

Estimated Value: $720,308 - $804,000

5 Beds
4.5 Baths
3,334 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $495,000 $148 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,384/month

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Brick Front
  • Deck
  • 3 Car Attached Garage
  • Outdoor Storage

About This Home

As of March 2020

STATELY COLONIAL ON LARGE LEVEL, FENCED LOT. PRIVATE ON LOT STORAGE SUITABLE FOR BOAT, RV's, LAWN EQUIPMENT, ETC. WOOD FLOORS ON MAIN LEVEL. MAIN LEVEL BR OR OFFICE. ELEVATOR SERVICES ALL 3 FLOORS. EXPANSIVE KITCHEN WITH LARGE TABLE AREA LEADS TO LARGE REAR DECK. 3 CAR GARAGE AND PAVED DRIVEWAY. FIREPLACE IN MAIN LEVEL FAMILY ROOM + FIREPLACE IN FINISHED LOWER LEVEL. A LOT OF LIVING AREA HERE SUITABLE FOR EXTENDED FAMILY LIVING ARRANGEMENT OR AU-PAIR.

Last Agent to Sell the Property

Brenda Sarver

(301) 631-0778 Brenda@MDReoConnection.com Maryland Realty Connection Listed on: 12/18/2019

Last Buyer's Agent

Joel Sowells

(443) 454-2292 jmsowells@verizon.net Beam Realty Group, Inc. License #678821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 2007

Lot Details

  • 1.25 Acre Lot
  • Back Yard Fenced
  • Property is in below average condition

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Front

Interior Spaces

  • 3,334 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Laundry on main level

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Sewer Not Available

Community Details

  • Meadow Brook Estates HOA
  • Meadow Brook Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1806011128

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,218

Year Built

Built in 2007

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Elevator
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 3334
  • Living Area Sq Ft: 3334
  • Price Per Sq Ft: 151.02
  • Above Grade Finished Sq Ft: 3334
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: No Sewer System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: MEADOW BROOK ESTATES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 347300.00
  • Land Assessed Value: 92500.00
  • Lot Size Acres: 1.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54450.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4686890
  • Tax Annual Amount: 4218.00
  • Assessor Parcel Number: 1806011128
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 12, 2020
Sold by
Truist Bank
Bought by
Hager Richard M and Hager Diana C
Seller's Agent
Brenda Sarver
Maryland Realty Connection
Buyer's Agent
Joel Sowells
Beam Realty Group, Inc.
List Price
$503,500
Sold Price
$495,000
Premium/Discount to List
-$8,500
-1.69%
Current Estimated Value
$744,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,827
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Walker Zane G
Bought by
Sun Trust Bank

Purchase Details

Closed on
Dec 15, 2006
Sold by
P F Summers Maryl& L&S Llc
Bought by
Walker Zane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2006
Sold by
P F Summers Maryl& L&S Llc
Bought by
Walker Zane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
Centerville Llc
Bought by
P F Summers Maryland Lands Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
Centerville Llc
Bought by
P F Summers Maryland Lands Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Hager Richard M $495,000 Stewart Title Guaranty Co
Sun Trust Bank $424,150 None Available
Walker Zane G $195,000 --
Walker Zane G $195,000 --
P F Summers Maryland Lands Llc $1,242,000 --
P F Summers Maryland Lands Llc $1,242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Zane G $630,000
Previous Owner Walker Zane G $630,000
Previous Owner P F Summers Maryland Lands Llc $2,000,000
Previous Owner P F Summers Maryland Lands Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $495,000 -1.7% $148 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $503,500 -- $151 / 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 $4,946 $586,800 $82,500 $504,300
2024 $4,690 $540,000 $0 $0
2023 $4,440 $493,200 $0 $0
2022 $4,205 $446,400 $82,500 $363,900
2021 $4,260 $444,200 $0 $0
2020 $4,239 $442,000 $0 $0
2019 $4,218 $439,800 $92,500 $347,300
2018 $4,026 $419,733 $0 $0
2017 $3,641 $399,667 $0 $0
2016 -- $379,600 $0 $0
2015 $1,943 $379,600 $0 $0
2014 $1,943 $379,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA142452

Bright MLS

APN: 06-011128