NOT LISTED FOR SALE

4501 Cap Stine Rd Frederick, MD 21703

Estimated Value: $842,000 - $1,184,506

3 Beds
4 Baths
2,640 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $525,000 $199 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,935/month

110 Days on Market

Highlights

  • Horse Facilities
  • Indoor Arena
  • Private Pool
  • Barn
  • Second Kitchen
  • Scenic Views

About This Home

As of August 2013

CLEAN HOUSE AND A NEW PRICE: Turn key boarding/breeding equine facility is ready to go! Total of 21 stalls, expandable indoor arena, outdoor arena, vinyl fencing, 7 paddocks, 6 pastures, office, 2 tack rooms, gorgeous views. House features 3 BR, 2 baths with lower level in law apt with kitchen and 2 possible brs (no windows). House needs updating. Amazing country views within 10 min of I70.

Last Agent to Sell the Property

Allison Zerr

(410) 596-0272 allison.zerr@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RSR006264 Listed on: 04/12/2013

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Robert Kenny

(301) 222-3838 b-kenny@comcast.net Kenny Realty Group License #634549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1982

Lot Details

  • 32.15 Acre Lot
  • The property's topography is rolling

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Pasture
  • Mountain

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asbestos Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Mud Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Game Room
  • Laundry Room
  • Attic

Kitchen

  • Galley Kitchen
  • Second Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Private Pool
  • Office or Studio
  • Storage Shed

Farming

  • Barn
  • Center Aisle Barn
  • Pasture
  • Horse Farm

Horse Facilities and Amenities

  • Run-In Shed
  • Indoor Arena

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Geothermal Heating and Cooling
  • 60 Gallon+ Electric Water Heater
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1123446448

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,432

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1982
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Attic, 2nd Kitchen, Kitchen - Galley, Combination Dining/Living, Primary Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Game Room, Breakfast Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Mud Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished, Improved
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Barn/Stable, Office/Studio, Barn, Horse Stable, Storage Barn/Shed, Run-in Shed, Indoor Arena, Center Aisle
  • Construction Materials: Brick, Combination
  • Roof: Asbestos Shingle
  • View: Mountain, Pasture, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Asphalt Driveway, Gravel Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane, Geo-Thermal
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Farm Operation: Horse, Pasture
  • Improvement Assessed Value: 359700.00
  • Land Assessed Value: 102200.00
  • Lot Size Acres: 32.15
  • Lot Size Area: 1400454
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1400454.00
  • Property Condition: As-Is Condition, Needs Work
  • Remarks Farm: Turn key boarding/breeding equine facility is ready to go! Total of 21 stalls, expandable indoor arena, outdoor arena, vinyl fencing, 7 paddocks, 6 pastures, office, 2 tack rooms, gorgeous views. House features 3 BR, 2 baths with lower level in law apt w
  • Topography: Rolling

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11542878
  • Tax Annual Amount: 5431.94
  • Assessor Parcel Number: 1123446448
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Aug 14, 2013
Sold by
Midatlantic Farm Credit Aca
Bought by
Lake Properties Llc
Seller's Agent
Allison Zerr
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Robert Kenny
Kenny Realty Group
List Price
$735,000
Sold Price
$525,000
Premium/Discount to List
-$210,000
-28.57%
Current Estimated Value
$1,019,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,377
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Mar 4, 2013
Sold by
Aiken Edward and Aiken Merrie E
Bought by
Mid Atlantic Farm Credit Aca

Purchase Details

Closed on
Mar 10, 2008
Sold by
Mack Ferdin and Mack J
Bought by
Aiken Edward L and Aiken Merrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Mack Ferdin and Mack J
Bought by
Aiken Edward L and Aiken Merrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Mack Ferdin and Mack J
Bought by
Monroe Richard A and Monroe Susan
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
Lake Properties Llc $525,000 First American Title Ins Co
Mid Atlantic Farm Credit Aca $937,500 Fidelity Natl Title Ins Co
Aiken Edward L $1,250,000 --
Aiken Edward L $1,250,000 --
Monroe Richard A $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aiken Edward L $187,500
Previous Owner Aiken Edward L $937,500
Previous Owner Aiken Edward L $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $525,000 -19.2% $199 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
06/26/2013 06/26/13 Price Changed $649,900 -11.6% $246 / Sq Ft
04/12/2013 04/12/13 For Sale $735,000 -- $278 / 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 $6,806 $785,800 -- --
2024 $6,806 $692,400 $0 $0
2023 $5,841 $599,000 $102,200 $496,800
2022 $5,548 $573,767 $0 $0
2021 $5,255 $548,533 $0 $0
2020 $5,821 $523,300 $102,200 $421,100
2019 $5,742 $516,533 $0 $0
2018 $5,713 $509,767 $0 $0
2017 $5,585 $503,000 $0 $0
2016 $6,566 $489,300 $0 $0
2015 $6,566 $475,600 $0 $0
2014 $6,566 $461,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003451234

Bright MLS

APN: 23-446448