NOT LISTED FOR SALE

501 Prospect Blvd Unit 2B Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $166,000 - $223,000

1 Bed
1 Bath
893 Sq Ft
$255/mo HOA Fee

Last Sold September 21, 2018

Last sale price $95,000 $106 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,403/month

Highlights

  • Colonial Architecture
  • Combination Dining and Living Room
  • Baseboard Heating
  • Traditional Floor Plan

About This Home

As of September 2018

Updated one bedroom, one bath condo with loads of upgrades, including granite counter and loads of cabinets. Conveniently located to shopping and the interstate.

Last Agent to Sell the Property

Peggy Patschak

(240) 446-2131 peggyp@cbimove.com Real Estate Innovations Listed on: 07/05/2018

Real Estate Innovations

Last Buyer's Agent

Susan Burnes

(240) 344-1998 seburnes19@gmail.com EXP Realty, LLC License #657383

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1964

Lot Details

  • 915

HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 893 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102457075

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,407

Year Built

Built in 1964

Lot Details

0

HOA Fees

$255 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
  • Expected On Market: 2018-07-05
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 102.91
  • Above Grade Finished Sq Ft: 893
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 130.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Condo Co-Op Rules: Restrictions
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 52000.00
  • Land Assessed Value: 22000.00
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11584630
  • Tax Annual Amount: 1406.98
  • Assessor Parcel Number: 1102457075
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Sep 21, 2018
Sold by
Bowe Michael James
Bought by
Bonheyo Jerome M
Seller's Agent
Peggy Patschak
Real Estate Innovations
Buyer's Agent
Susan Burnes
EXP Realty, LLC
List Price
$91,900
Sold Price
$95,000
Premium/Discount to List
$3,100
3.37%
Current Estimated Value
$189,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,588
Avg. Annual Appreciation
10.06%
Original Mortgage
$76,000
Outstanding Balance
$66,140
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,448

Purchase Details

Closed on
Nov 5, 2010
Sold by
Teagarden Jennifer L
Bought by
Bowe Michael James

Purchase Details

Closed on
Feb 9, 2007
Sold by
Prospect Managers Llc
Bought by
Teagarden Jennifer L

Purchase Details

Closed on
Jan 29, 2007
Sold by
Prospect Managers Llc
Bought by
Teagarden Jennifer L
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
Bonheyo Jerome M $95,000 None Available
Bowe Michael James $73,000 --
Teagarden Jennifer L $168,200 --
Teagarden Jennifer L $168,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonheyo Jerome M $76,000
Closed Bonheyo Jerome M $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $95,000 +3.4% $106 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $91,900 0.0% $103 / Sq Ft
06/25/2018 06/25/18 Price Changed $91,900 -- $103 / 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 $1,803 $164,000 $40,500 $123,500
2024 $1,803 $141,000 $0 $0
2023 $1,667 $118,000 $0 $0
2022 $1,580 $95,000 $25,000 $70,000
2021 $1,466 $88,000 $0 $0
2020 $1,440 $81,000 $0 $0
2019 $1,357 $74,000 $22,000 $52,000
2018 $1,320 $74,000 $22,000 $52,000
2017 $1,354 $74,000 $0 $0
2016 $1,315 $74,000 $0 $0
2015 $1,315 $72,667 $0 $0
2014 $1,315 $71,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggy Patschak

    Seller's Agent in 2018

    Peggy Patschak

    Real Estate Innovations

    (240) 446-2131

    3 in this area

    138 Total Sales

    Peggy Patschak
    Section Image

  • S

    Buyer's Agent in 2018

    Susan Burnes

    EXP Realty, LLC

    (240) 344-1998

    4 Total Sales

    Susan Burnes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001932806

Bright MLS

APN: 02-457075

Maryland Frederick County Frederick 21701 Carrollton

501 Prospect Blvd Unit 2B, Frederick, MD

Not Listed for Sale

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