NOT LISTED FOR SALE

501 Prospect Blvd Unit 31B Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $170,000 - $209,781

1 Bed
1 Bath
893 Sq Ft
$125/mo HOA Fee

Last Sold September 25, 2018

Last sale price $105,000 $118 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,350/month

46 Days on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • Picnic Area
  • Traditional Floor Plan
  • Community Playground
  • Dining Area

About This Home

As of September 2018

Top Floor Unit w/ Balcony that overlooks common area and amenities. Stainless steel appliances, granite countertops and fresh decor throughout. All information herein is deemed reliable but must be verified by purchaser.

Last Agent to Sell the Property

Peggy Patschak

(240) 446-2131 peggyp@cbimove.com Real Estate Innovations Listed on: 07/26/2018

Real Estate Innovations

Last Buyer's Agent

Christy Issler

(240) 285-6497 christy@charisrealty.com Charis Realty Group

Charis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1964

Lot Details

  • 915

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102457296

Community Details

Overview

  • Association fees include management, insurance
  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Community Playground
  • Fitness Center

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

$125 per month

Listing Details

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

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 117.58
  • 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

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 125.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Fitness Center, Picnic Area, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Insurance
  • HOA Condo Co-Op Rules: Covenants, 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: 11584607
  • Tax Annual Amount: 1406.98
  • Assessor Parcel Number: 1102457296
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Weitz Julian
Bought by
Weitz Michael and Golan Mor
Current Estimated Value
$190,945

Purchase Details

Listed on
Jul 26, 2018
Closed on
Sep 24, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Weitz Julian
Seller's Agent
Peggy Patschak
Real Estate Innovations
Buyer's Agent
Christy Issler
Charis Realty Group
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Hassett Elizabeth M
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Feb 9, 2007
Sold by
Prospect Managers Llc
Bought by
Hassett Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,560
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Prospect Managers Llc
Bought by
Hassett Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,560
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Weitz Michael -- None Available
Weitz Julian $105,000 None Available
Federal Home Loan Mortgage Corporation $98,368 None Available
Hassett Elizabeth M $178,200 --
Hassett Elizabeth M $178,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassett Elizabeth M $142,560
Previous Owner Hassett Elizabeth M $142,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $105,000 0.0% $118 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $105,000 0.0% $118 / Sq Ft
06/07/2013 06/07/13 Rented $950 -2.6% --
06/07/2013 06/07/13 Under Contract -- -- --
05/08/2013 05/08/13 For Rent $975 -- --
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 $2,633 $164,000 $40,500 $123,500
2024 $2,633 $141,000 $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 $1,495 $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

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Map

Source: Bright MLS

MLS Number: 1002106448

Bright MLS

APN: 02-457296