NOT LISTED FOR SALE

501 Heather Ridge Dr Unit F Frederick, MD 21702

Villa Estates Neighborhood

Estimated Value: $183,000 - $205,000

2 Beds
1 Bath
961 Sq Ft
$229/mo HOA Fee

Last Sold October 05, 2015

Last sale price $75,000 $78 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,436/month

Highlights

  • Open Floorplan
  • Cooling Available
  • Combination Kitchen and Dining Room
  • A-Frame Home
  • En-Suite Primary Bedroom
  • Heat Pump System

About This Home

As of October 2015

VERY NICE 2ND FLOOR 2 BEDROOM CONDO, BRAND NEW REFRIGERATOR AND STOVE.WASHER & DRYER. NEW CARPET, HUGH LIVING, DINING ROOM COMBINATION. SEPARATE UTILITY ROOM WITH WASHER & DRYER. WALK IN CLOSETS IN MASTER BEDROOM. OUT SIDE BALCONY.

Last Agent to Sell the Property

Shawpin Jong

(301) 738-7903 shawpinjong@gmail.com Nations Realty License #0225031560 Listed on: 08/20/2015

Last Buyer's Agent

Jesse Hoffman

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

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1982

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Brick Exterior Construction

Interior Spaces

  • 961 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Free Parking
  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Low-Rise Condominium
  • Ambertowne Community
  • Ambertowne Subdivision

Listing and Financial Details

  • Tax Lot 8F
  • Assessor Parcel Number 1102125617

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,091

Year Built

Built in 1982

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: A-Frame
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Remarks Public: VERY NICE 2ND FLOOR 2 BEDROOM CONDO, BRAND NEW REFRIGERATOR AND STOVE.WASHER & DRYER. NEW CARPET, HUGH LIVING, DINING ROOM COMBINATION. SEPARATE UTILITY ROOM WITH WASHER & DRYER. WALK IN CLOSETS IN MASTER BEDROOM. OUT SIDE BALCONY.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 961
  • Living Area Sq Ft: 961
  • Price Per Sq Ft: 84.29
  • Above Grade Finished Sq Ft: 961
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

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
  • 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: Free, Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 229.16
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 43000.00
  • Land Assessed Value: 19000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11507690
  • Tax Annual Amount: 1091.22
  • Assessor Parcel Number: 1102125617
  • Tax Lot: 8F
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/05/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 5, 2015
Sold by
Green Tracy K and Grossnickle Tracy K
Bought by
Hoffman Real Estate Llc
Seller's Agent
Shawpin Jong
Nations Realty
Buyer's Agent
Jesse Hoffman
HomeSmart
List Price
$81,000
Sold Price
$75,000
Premium/Discount to List
-$6,000
-7.41%
Current Estimated Value
$191,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,574
Avg. Annual Appreciation
9.81%
Original Mortgage
$57,375
Outstanding Balance
$45,142
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$146,432

Purchase Details

Closed on
Nov 28, 1994
Sold by
Duears M A
Bought by
Grossnickle Tracy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,550
Interest Rate
8.91%

Purchase Details

Closed on
Sep 25, 1987
Sold by
Rothenhoefer Roger V
Bought by
Duears Michael A and Duears Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
11.02%

Purchase Details

Closed on
Nov 12, 1982
Sold by
Ambertowne Condo Inc
Bought by
Rothenhoefer Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
13.84%
Source: Public Records

Range of Values:

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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
Hoffman Real Estate Llc $76,500 Commonwealth Land Title Ins
Grossnickle Tracy K $57,900 --
Duears Michael A $53,000 --
Rothenhoefer Roger $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Real Estate Llc $57,375
Previous Owner Grossnickle Tracy K $56,550
Previous Owner Duears Michael A $53,000
Previous Owner Rothenhoefer Roger $35,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2015 10/05/15 Sold $75,000 -7.4% $78 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $81,000 0.0% $84 / Sq Ft
06/01/2014 06/01/14 Rented $950 0.0% --
06/01/2014 06/01/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $950 -- --
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

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Map

Source: Bright MLS

MLS Number: 1001190115

Bright MLS

APN: 02-125617