NOT LISTED FOR SALE

4298 Molesworth Terrace Mount Airy, MD 21771

Estimated Value: $462,000 - $548,000

3 Beds
2.5 Baths
1,760 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $436,000 $248 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,132/month

3 Days on Market

Highlights

  • 0.7 Acre Lot
  • Colonial Architecture
  • Two Story Ceilings
  • Green Valley Elementary School Rated A-
  • Deck
  • Traditional Floor Plan

About This Home

As of December 2023

***OFFER DEADLINE has been set for Tuesday 12/19 at noon. ***Welcome home to this charming split foyer home on a gorgeous corner lot! The home is located in an established neighborhood without an HOA. This handy-man special features three bedrooms, two and a half bathrooms, over 1700 square feet of living space, a primary bedroom with private bathroom, completely remodeled lower level with family room, cozy fireplace with a wood stove insert, a one car attached garage, large deck, all on just under 3/4 acres. This home features great bones and will allow the new owner the opportunity to build sweat equity with mostly cosmetic upgrades, a little TLC and a personal touch. This home's location is the perfect blend of serene country while still located relatively close to restaurants, schools, shopping, and major commuter routes in New Market, Mount Airy, and Urbana. Schedule your private tour today before it's too late!

Investors welcome!

Last Agent to Sell the Property

Jay Day

LPT Realty, LLC Listed on: 12/15/2023

Co-Listed By

Amy Beall

LPT Realty, LLC

Last Buyer's Agent

Barbara Davis

Keller Williams Realty Centre License #635945

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1974

Lot Details

  • 0.7 Acre Lot
  • Split Rail Fence
  • Wood Fence
  • Back Yard Fenced
  • Property is zoned R1

Parking

  • 1 Car Direct Access Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Split Foyer
  • Brick Exterior Construction
  • Permanent Foundation
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Two Story Ceilings
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Garage Access
  • Laundry in Basement
  • Basement Windows

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Green Valley Elementary School
  • Windsor Knolls Middle School
  • Linganore High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Molesworth Hills Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1109252908

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,981

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer, Colonial
  • Ownership: Fee Simple
  • Exclusions: see disclosures
  • Inclusions: see disclosures
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-12-15
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Table Space
  • Window Features: Screens, Double Hung, Double Pane
  • Fireplace Features: Brick, Insert, Stone, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, 2 Story Ceilings
  • Foundation Details: Permanent, Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Garage Access, Fully Finished, Heated, Improved, Interior Access, Windows
  • Laundry Type: Basement, Dryer In Unit, Lower Floor, Washer In Unit
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 336.85
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Finished Sq Ft: 528
  • Total Below Grade Sq Ft: 528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4298

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Flood Lights, Exterior Lighting
  • 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
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Exists, Private Septic Tank
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: GREEN VALLEY
  • Middle School: WINDSOR KNOLLS
  • High School: LINGANORE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139693024
  • School District Source: 3rd Party
  • Elementary School: GREEN VALLEY
  • High School: LINGANORE
  • Middle Or Junior School: WINDSOR KNOLLS

Lot Info

  • Fencing: Split Rail, Wood, Rear
  • Land Use Code: R
  • Lot Size Acres: 0.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30492.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3981.00
  • Assessor Parcel Number: 1109252908
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 1760
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/29/2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Dec 30, 2023
Sold by
Smith Jerry A and Redden Sandra K
Bought by
Patrick Kelly M
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Barbara Davis
Keller Williams Realty Centre
List Price
$415,000
Sold Price
$436,000
Premium/Discount to List
$21,000
5.06%
Views
201
Current Estimated Value
$504,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,667
Avg. Annual Appreciation
7.16%
Original Mortgage
$348,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Smith Charles E and Smith Carol L
Bought by
Smith Charles & Carol & Life Tenant
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
Patrick Kelly M $436,000 Assurance Title
Smith Charles & Carol & Life Tenant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patrick Kelly M $348,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $436,000 +5.1% $248 / Sq Ft
12/15/2023 12/15/23 For Sale $415,000 -- $236 / 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 $4,588 $385,800 -- --
2024 $4,588 $366,700 $161,300 $205,400
2023 $3,833 $339,667 $0 $0
2022 $3,645 $312,633 $0 $0
2021 $3,399 $285,600 $111,000 $174,600
2020 $3,399 $279,933 $0 $0
2019 $3,333 $274,267 $0 $0
2018 $3,281 $268,600 $96,900 $171,700
2017 $3,105 $268,600 $0 $0
2016 $2,961 $243,400 $0 $0
2015 $2,961 $230,800 $0 $0
2014 $2,961 $230,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2042638

Bright MLS

APN: 09-252908