NOT LISTED FOR SALE

324 Spring Bank Way Frederick, MD 21701

Wormans Mill Neighborhood

Estimated Value: $465,000 - $489,000

3 Beds
3.5 Baths
1,991 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $360,565 $181 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,168/month

5 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Attic
  • North Frederick Elementary School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of July 2020

BRAND NEW 3 bedroom, 3.5 bath Camden II END UNIT townhouse featuring an attractive stone water table and Double Bay window fa ade and 2 car rear loading garage with driveway. Enjoy quartz countertops, 9 ft ceilings, upgraded tile, wood handrails with spindles and gas fireplace on this stunning end unit. Accommodates everyone with three bedrooms and owners suite on upper level as well as an entry level study and bath. Working from home? No problem! 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!.*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: 06/10/2020

DRB Group Realty, LLC

Last Buyer's Agent

Lynn Holland

(301) 704-2956 lynn@homesbyholland.com RE/MAX Realty Centre, Inc. License #534766

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,957

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,005 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
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,991 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Low Emissivity Windows
  • Family Room
  • Game Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,957

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of 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
  • Remarks Public: BRAND NEW 3 bedroom, 3.5 bath Camden II END UNIT townhouse featuring an attractive stone water table and Double Bay window fa ade and 2 car rear loading garage with driveway. Enjoy quartz countertops, 9 ft ceilings, upgraded tile, wood handrails with spindles and gas fireplace on this stunning end unit. Accommodates everyone with three bedrooms and owners suite on upper level as well as an entry level study and bath. Working from home? No problem! 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!.*Actual home may differ from photos*
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher, Disposal, Microwave, Stainless Steel Appliances
  • Interior Amenities: Attic, Kitchen - Eat-In, Carpet, Crown Moldings, Floor Plan - Open
  • Window Features: Low-E
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1991
  • Living Area Sq Ft: 1991
  • Price Per Sq Ft: 181.92
  • Above Grade Finished Sq Ft: 1991
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 324

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
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Construction Completed: No
  • 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: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2005.00
  • Property Condition: Very Good
  • Zoning: MU1
  • In City Limits: No

Building Info

  • Builder Name: DAN RYAN BUILDERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO RECORD
  • Tax Lot: 14
  • Tax Year: 2020
  • Close Date: 07/30/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 30, 2020
Sold by
Dan Ryan Builders Mid Atlantic Llc
Bought by
Lewallen Michael
Seller's Agent
Brittany Newman
DRB Group Realty, LLC
Buyer's Agent
Lynn Holland
RE/MAX Realty Centre, Inc.
List Price
$362,210
Sold Price
$360,565
Premium/Discount to List
-$1,645
-0.45%
Current Estimated Value
$477,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,686
Avg. Annual Appreciation
5.51%
Original Mortgage
$342,536
Outstanding Balance
$303,854
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$173,398

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:

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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
Lewallen Michael $360,565 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 Lewallen Michael $342,536
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $360,565 -0.5% $181 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $362,210 -- $182 / 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 $6,957 $400,900 $75,000 $325,900
2024 $6,957 $374,767 $0 $0
2023 $6,297 $348,633 $0 $0
2022 $5,810 $322,500 $75,000 $247,500
2021 $5,698 $310,900 $0 $0
2020 $604 $127,967 $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

    10 in this area

    1,972 Total Sales

    Brittany Newman
    Section Image
  • Lynn Holland

    Buyer's Agent in 2020

    Lynn Holland

    RE/MAX

    (301) 704-2956

    2 in this area

    116 Total Sales

    Lynn Holland
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR265482

Bright MLS

APN: 02-595761

Maryland Frederick County Frederick 21701 Wormans Mill

324 Spring Bank Way, Frederick, MD

This home is located at 324 Spring Bank Way, Frederick, MD 21701 since 10 June 2020 and is currently estimated at $477,251, approximately $239 per square foot. This property was built in 2020. 324 Spring Bank Way is a home located in Frederick County with nearby schools including North Frederick Elementary School, Gov. Thomas Johnson Middle School, and Gov. Thomas Johnson High School.

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