NOT LISTED FOR SALE

501 Prospect Blvd Unit 10A Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $161,000 - $206,000

1 Bed
1 Bath
810 Sq Ft
$105/mo HOA Fee

Last Sold December 19, 2014

Last sale price $76,000 $94 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,312/month

51 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • Community Playground

About This Home

As of December 2014

COZY CONDO W/ OPEN FLOOR PLAN! Home features 1BR, 1BA, and commuter access to local highways. Upgraded stainless steel appliances, granite counter tops and sunny balcony! Waiting for your finishing touches. Call Today, See Today.

Last Agent to Sell the Property

Jeanne Pino

Real Estate Innovations Listed on: 10/03/2014

Last Buyer's Agent

Gary Rogers

Becraft Realty License #MRIS:4919

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1964

Lot Details

  • 828

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 810 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Upgraded Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Free Parking
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot A10
  • Assessor Parcel Number 1102459248

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Community Playground
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,063

Year Built

Built in 1964

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Remarks Public: COZY CONDO W/ OPEN FLOOR PLAN! Home features 1BR, 1BA, and commuter access to local highways. Upgraded stainless steel appliances, granite counter tops and sunny balcony! Waiting for your finishing touches. Call Today, See Today.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Combination Kitchen/Dining, Upgraded Countertops, Entry Level Bedroom, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 810
  • Living Area Sq Ft: 810
  • Price Per Sq Ft: 91.23
  • Above Grade Finished Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: 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, Unassigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • 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: 105.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 41000.00
  • Land Assessed Value: 19000.00
  • Year Assessed: 2014
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11581678
  • Tax Annual Amount: 1063.02
  • Assessor Parcel Number: 1102459248
  • Tax Lot: A10
  • Tax Total Finished Sq Ft: 810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/19/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Dec 22, 2014
Sold by
Fannie Mae
Bought by
R & T Holdings Llc
Seller's Agent
Jeanne Pino
Real Estate Innovations
Buyer's Agent
Gary Rogers
Becraft Realty
List Price
$79,900
Sold Price
$76,000
Premium/Discount to List
-$3,900
-4.88%
Current Estimated Value
$180,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,967
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Johnson Phillip G
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Sep 12, 2007
Sold by
Prospect Managers Llc
Bought by
Johnson Phillip G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,640
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2007
Sold by
Prospect Managers Llc
Bought by
Johnson Phillip G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,640
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
R & T Holdings Llc $76,000 Fidelity Natl Title Ins Co
Federal National Mortgage Association $161,610 None Available
Johnson Phillip G $173,200 --
Johnson Phillip G $173,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Phillip G $34,640
Previous Owner Johnson Phillip G $138,560
Previous Owner Johnson Phillip G $138,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $76,000 +2.8% $94 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
11/11/2014 11/11/14 Price Changed $73,900 -7.5% $91 / Sq Ft
10/03/2014 10/03/14 For Sale $79,900 -- $99 / 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 $2,603 $164,000 $40,500 $123,500
2024 $2,603 $139,333 $0 $0
2023 $2,091 $114,667 $0 $0
2022 $1,646 $90,000 $25,000 $65,000
2021 $1,470 $80,000 $0 $0
2020 $1,287 $70,000 $0 $0
2019 $1,110 $60,000 $19,000 $41,000
2018 $1,119 $60,000 $19,000 $41,000
2017 $1,108 $60,000 $0 $0
2016 $2,039 $60,000 $0 $0
2015 $2,039 $60,000 $0 $0
2014 $2,039 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003222046

Bright MLS

APN: 02-459248