NOT LISTED FOR SALE

501 Prospect Blvd Unit 31A Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $136,000 - $207,000

1 Bed
1 Bath
893 Sq Ft
$124/mo HOA Fee

Last Sold April 12, 2017

Last sale price $68,750 $77 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,253/month

Highlights

  • Traditional Floor Plan
  • Cooling System Mounted In Outer Wall Opening
  • Community Playground
  • Traditional Architecture
  • Living Room
  • Dining Room

About This Home

As of April 2017

Great 1 bedroom condo on the top floor. Covered patio, large den, Lots of storage space, washer and dryer in the unit. Newer kitchen with separate dining area. Needs carpet and paint then move right in

Last Agent to Sell the Property

David Smith

(240) 344-0042 reachdavesmith@gmail.com Samson Properties License #532062 Listed on: 03/06/2017

Samson Properties

Last Buyer's Agent

David Smith

(240) 344-0042 reachdavesmith@gmail.com Samson Properties License #532062 Listed on: 03/06/2017

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1964

Lot Details

  • 915

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Kitchen in Efficiency Studio
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Free Parking
  • Off-Street Parking

Schools

  • Lincoln Elementary School
  • Crestwood Middle School
  • Tuscarora High School

Utilities

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

Listing and Financial Details

  • Tax Lot A31
  • Assessor Parcel Number 1102459361

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, insurance, reserve funds, snow removal
  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,405

Year Built

Built in 1964

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Stove, Refrigerator, Washer
  • Interior Amenities: Kitchen - Efficiency, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 78.28
  • 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
  • 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
  • Type Of Parking: Off Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • 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: 124.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: LINCOLN
  • High School: TUSCARORA
  • Middle Or Junior School: CRESTWOOD

Lot Info

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

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11581673
  • Tax Annual Amount: 1405.13
  • Assessor Parcel Number: 1102459361
  • Tax Lot: A31
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 10, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Prospect Managers Llc
Seller's Agent
David Smith
Samson Properties
Buyer's Agent
David Smith
Samson Properties
List Price
$69,900
Sold Price
$68,750
Premium/Discount to List
-$1,150
-1.65%
Current Estimated Value
$176,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,754
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Jan 17, 2017
Sold by
Sullivan Laura H G O and Shaffer Erin M
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Aug 7, 2007
Sold by
Prospect Managers Llc
Bought by
Lopez Jorge and Guzman Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Prospect Managers Llc
Bought by
Lopez Jorge and Guzman Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Prospect Managers Llc $68,750 Chicago Title Insurance Co
Wilmington Savings Fund Society $65,000 None Available
Lopez Jorge $183,200 --
Lopez Jorge $183,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jorge $183,200
Previous Owner Lopez Jorge $183,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2017 04/12/17 Sold $68,750 -1.6% $77 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $69,900 -- $78 / 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 $2,433 $134,300 $40,500 $93,800
2024 $2,433 $130,067 $0 $0
2023 $2,150 $118,000 $0 $0
2022 $1,735 $95,000 $25,000 $70,000
2021 $1,612 $88,000 $0 $0
2020 $1,482 $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 $2,111 $74,000 $0 $0
2015 $2,111 $74,000 $0 $0
2014 $2,111 $74,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Smith

    Seller's Agent in 2017

    David Smith

    Samson Properties

    (240) 344-0042

    36 Total Sales

    David Smith
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Map

Source: Bright MLS

MLS Number: 1001219637

Bright MLS

APN: 02-459361

Maryland Frederick County Frederick 21701 Carrollton

501 Prospect Blvd Unit 31A, Frederick, MD

Not Listed for Sale

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