NOT LISTED FOR SALE

318 Spring Bank Way Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $460,604 - $482,000

3 Beds
3.5 Baths
2,151 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $350,000 $163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,096/month

9 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Attic
  • North Frederick Elementary School Rated A-
  • Colonial Architecture
  • Game Room

About This Home

As of September 2020

BRAND NEW 3 bedroom, 3.5 bath Camden II townhouse featuring sought after 4 FT EXTENSION and 2 car rear loading garage with driveway. Extension extends the garage space for more storage, the kitchen for more entertaining and the owners suite to give you roman shower! Accommodates everyone with three bedrooms and owners suite on upper level and one entry level study and bath for easy accessibility. Spring Bank offers the ultra convenient location featuring quick and direct access to shopping and dining. Enjoy an Urban Lifestyle in a Suburban Setting and move in this summer! * PENDING RELEASE OF CURRENT CONTRACT 72 HR KICKOUT CLAUSE**actual home may differ from photos*

Last Agent to Sell the Property

Brittany Newman

(240) 457-9391 bnewman@drbgroup.com DRB Group Realty, LLC License #676252 Listed on: 07/21/2020

DRB Group Realty, LLC

Last Buyer's Agent

Gina White

(410) 224-2200 cedric.lewis@cbmove.com Coldwell Banker Realty License #35772

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,420 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,151 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Game Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 17

Community Details

Overview

  • Built by DAN RYAN BUILDERS
  • Spring Bank Subdivision, Camden II Floorplan

Amenities

  • Picnic Area

Recreation

  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 2020 | New Construction

Lot Details

1,420 Sq Ft Lot

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Disposal, Oven/Range - Gas
  • Interior Amenities: Attic, Kitchen - Eat-In, Carpet, Crown Moldings, Floor Plan - Open
  • Window Features: Low-E
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2151
  • Living Area Sq Ft: 2151
  • Price Per Sq Ft: 168.87
  • Above Grade Finished Sq Ft: 2151
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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: Programmable Thermostat, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: Jog/Walk Path, Bike Trail, Picnic Area
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1420.00
  • Property Condition: Very Good
  • Zoning: MU1
  • In City Limits: No

Building Info

  • Builder Name: DAN RYAN BUILDERS

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: NO RECORD
  • Tax Lot: 17
  • Tax Year: 2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 16, 2020
Sold by
Dan Ryan Builders Mid Atlantic Llc
Bought by
Diakite Tikia
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Gina White
Coldwell Banker Realty
List Price
$363,229
Sold Price
$350,000
Premium/Discount to List
-$13,229
-3.64%
Current Estimated Value
$470,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,901
Avg. Annual Appreciation
5.54%
Original Mortgage
$350,000
Outstanding Balance
$310,602
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$160,299

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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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
Diakite Tikia $350,000 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 Diakite Tikia $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $350,000 -3.6% $163 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $363,229 -- $169 / Sq Ft
Source: Bright MLS

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 $6,971 $400,600 $75,000 $325,600
2024 $6,971 $375,567 $0 $0
2023 $6,330 $350,533 $0 $0
2022 $5,864 $325,500 $75,000 $250,500
2021 $5,750 $313,800 $0 $0
2020 $604 $125,667 $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 2020

    Brittany Newman

    DRB Group Realty, LLC

    (240) 457-9391

    2 in this area

    2,209 Total Sales

    Brittany Newman
    Section Image
  • Gina White

    Buyer's Agent in 2020

    Gina White

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (443) 822-1336

    2 in this area

    707 Total Sales

    Gina White
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR267598

Bright MLS

APN: 02-595764

Maryland Frederick County Frederick 21701 Wormans Mill

318 Spring Bank Way, Frederick, MD

Not Listed for Sale

Townhouses

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