NOT LISTED FOR SALE

500 Heather Ridge Dr Unit E Frederick, MD 21702

Villa Estates Neighborhood

Estimated Value: $176,000 - $186,000

2 Beds
1 Bath
900 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $79,000 $88 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,336/month

25 Days on Market

Highlights

  • Traditional Floor Plan
  • Breakfast Area or Nook
  • Central Air
  • Rambler Architecture
  • Community Playground
  • Combination Dining and Living Room

About This Home

As of July 2015

Updated condo with two bedrooms and a full bathroom. Freshly painted, new carpet, counter tops, and appliances.

Last Agent to Sell the Property

Sean Brink

(301) 748-4675 sean@seanbrink.com Samson Properties License #RSR003789 Listed on: 05/30/2015

Samson Properties

Last Buyer's Agent

Jesse Hoffman

(443) 605-3283 jesse@jessehoffmanteam.com HomeSmart

HomeSmart

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $980

Year Built

  • Built in 1982

Lot Details

  • Property is in very good condition

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6E
  • Assessor Parcel Number 1102125331

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, reserve funds, snow removal, sewer, trash, water
  • Low-Rise Condominium
  • Ambertowne Community
  • Ambertowne Subdivision

Recreation

  • Community Playground

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Co-Op

Est. Annual Taxes

$980

Year Built

Built in 1982

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 91.67
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Stone
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 198.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 43000.00
  • Land Assessed Value: 19000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11503758
  • Tax Annual Amount: 980.33
  • Assessor Parcel Number: 1102125331
  • Tax Lot: 6E
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Hoffman Jesse L
Bought by
Full House Llc
Current Estimated Value
$182,014

Purchase Details

Listed on
May 30, 2015
Closed on
Jul 21, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hoffman Jesse L
Seller's Agent
Sean Brink
Samson Properties
Buyer's Agent
Jesse Hoffman
HomeSmart
List Price
$82,500
Sold Price
$79,000
Premium/Discount to List
-$3,500
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$59,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Alvarado Efrain and Alvarado Demetria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 24, 2007
Sold by
Zhu Jianwei and Zhu Weimin
Bought by
Alvarado Efrain and Alvarado Demetria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
Zhu Jianwei and Zhu Weimin
Bought by
Alvarado Efrain and Alvarado Demetria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1999
Sold by
Cerberus Investments Limited Part
Bought by
Zhu Jianwei and Zhu Weimin

Purchase Details

Closed on
Dec 14, 1988
Sold by
Erta No. 1 General Partnership
Bought by
Cerberus Investments Limited Part.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
10.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Full House Llc -- None Available
Hoffman Jesse L $79,000 Commonwealth Land Title Ins
Federal Home Loan Mortgage Corporation $42,000 None Available
Alvarado Efrain $144,900 --
Alvarado Efrain $144,900 --
Zhu Jianwei $47,450 --
Cerberus Investments Limited Part. $322,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Jesse L $59,250
Previous Owner Alvarado Efrain $144,900
Previous Owner Alvarado Efrain $144,900
Previous Owner Cerberus Investments Limited Part. $271,200
Closed Zhu Jianwei --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2015 07/23/15 Sold $79,000 -4.2% $88 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $82,500 -- $92 / 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 $2,242 $135,000 $45,000 $90,000
2024 $2,242 $119,667 $0 $0
2023 $1,925 $104,333 $0 $0
2022 $1,628 $89,000 $25,000 $64,000
2021 $1,523 $83,000 $0 $0
2020 $1,411 $77,000 $0 $0
2019 $1,304 $71,000 $21,000 $50,000
2018 $1,262 $68,000 $0 $0
2017 $1,197 $71,000 $0 $0
2016 $990 $62,000 $0 $0
2015 $990 $58,667 $0 $0
2014 $990 $55,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Brink

    Seller's Agent in 2015

    Sean Brink

    Samson Properties

    (301) 748-4675

    1 in this area

    142 Total Sales

    Sean Brink
    Section Image
  • Jesse Hoffman

    Buyer's Agent in 2015

    Jesse Hoffman

    HomeSmart

    (443) 605-3283

    3 in this area

    124 Total Sales

    Jesse Hoffman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001187741

Bright MLS

APN: 02-125331

Maryland Frederick County Frederick 21702 Villa Estates

500 Heather Ridge Dr Unit E, Frederick, MD

Not Listed for Sale

Coop

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