NOT LISTED FOR SALE

501 Prospect Blvd Unit 36A Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $177,000 - $240,291

2 Beds
1 Bath
1,142 Sq Ft
$219/mo HOA Fee

Last Sold June 15, 2021

Last sale price $141,500 $124 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,562/month

8 Days on Market

Highlights

  • Fitness Center
  • Electric Baseboard Heater
  • Property is in excellent condition

About This Home

As of June 2021

Why rent when you can own? Check out this cozy 2 bedroom, 1 bath condo located in a secured building, convenient to shopping, restaurants and the interstate! You'll love the large open and freshly painted living and dining room space that has a slider leading to your private balcony. The unit has a rear facing balcony and is on the 3rd floor for extra peace and quiet. The community amenities include a playground and exercise room! Don't let this one get away!

Last Agent to Sell the Property

Cheryl Holder

(240) 818-1490 cheryl.holder@jbreg.com Redfin Corp License #659945 Listed on: 04/16/2021

Redfin Corp

Last Buyer's Agent

Maria Arze

(240) 439-5318 maria.arze27@gmail.com Samson Properties License #676159

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1964

Lot Details

  • Property is in excellent condition

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,142 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot A36
  • Assessor Parcel Number 1102459434

Community Details

Overview

  • Association fees include water, sewer
  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision

Amenities

  • Common Area

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,693

Year Built

Built in 1964

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-17
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Levels Count: 3
  • Room List: Bedroom 2, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1142
  • Living Area Sq Ft: 1142
  • Price Per Sq Ft: 135.68
  • Above Grade Finished Sq Ft: 1142
  • Above Grade Finished Area Units: Square Feet

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, Below 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
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 219.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1693.00
  • Assessor Parcel Number: 1102459434
  • Tax Lot: A36
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 15, 2021
Sold by
Dorsey Harold H and Dorsey Karen E
Bought by
Alvarez Ernesto Suarez
Seller's Agent
Cheryl Holder
Redfin Corp
Buyer's Agent
Maria Arze
Samson Properties
List Price
$154,950
Sold Price
$141,500
Premium/Discount to List
-$13,450
-8.68%
Current Estimated Value
$210,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,323
Avg. Annual Appreciation
9.33%
Original Mortgage
$105,000
Outstanding Balance
$95,064
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$115,759

Purchase Details

Closed on
Jan 12, 2009
Sold by
Prospect Managers Llc
Bought by
Dorsey Harold H

Purchase Details

Closed on
Dec 30, 2008
Sold by
Prospect Managers Llc
Bought by
Dorsey Harold H
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
Alvarez Ernesto Suarez $141,500 Assurance Title Llc
Dorsey Harold H $161,900 --
Dorsey Harold H $161,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Ernesto Suarez $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $141,500 -8.7% $124 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $154,950 -- $136 / 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 $2,798 $180,000 $40,500 $139,500
2024 $2,798 $150,000 $0 $0
2023 $2,186 $120,000 $0 $0
2022 $1,646 $90,000 $25,000 $65,000
2021 $1,643 $89,967 $0 $0
2020 $1,655 $89,933 $0 $0
2019 $1,638 $89,900 $26,000 $63,900
2018 $1,604 $89,900 $26,000 $63,900
2017 $1,634 $89,900 $0 $0
2016 $2,545 $89,900 $0 $0
2015 $2,545 $89,900 $0 $0
2014 $2,545 $89,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR280728

Bright MLS

APN: 02-459434