NOT LISTED FOR SALE

501 Prospect Blvd Unit 5B Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $174,000 - $201,000

2 Beds
1 Bath
1,142 Sq Ft
1,133 Sq Ft Lot

Sale Details

Date Sold: September 20, 2012

Last sale price $79,000 $69 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,378 / mo

24 Days on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • Family Room Off Kitchen
  • Open Floorplan
  • Upgraded Countertops
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2012

Just Listed. UNBELIEVABLE VALUE IN THIS CONDO! Regular sale! Model condition ready for immediate settlement. Updated unit with Granite counters, and fresh paint, new Carpet. Secured building in a great community with fitness center, walk to shopping and direct access to all major commuter routes. 3% down conventional loan. must have good credit score. Call for details.

Last Agent to Sell the Property

Sam Ghaderi

(866) 515-6819 dmvbroker@ajicorporate.com Allison James Estates & Homes License #321530 Listed on: 08/03/2012

Allison James Estates & Homes

Last Buyer's Agent

Jim Bauer

(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964 | Remodeled in 2007

Lot Details

  • Property is in very good condition

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,142 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Family Room Off Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1102457105

Community Details

Overview

  • Low-Rise Community
  • The Edgewater
  • Jefferson Chase Community

Amenities

  • Common Area

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1964 | Remodeled in 2007

Lot Details

1,133 Sq Ft Lot

HOA Fees

$143 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: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1964
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Window Treatments, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1142
  • Living Area Sq Ft: 1142
  • Price Per Sq Ft: 76.62
  • 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
  • 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
  • Type Of Parking: On Street

Utilities

  • 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 Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 143.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 96000.00
  • Land Assessed Value: 42000.00
  • Property Condition: Very Good
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11584627
  • Tax Annual Amount: 2519.88
  • Assessor Parcel Number: 1102457105
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Sep 19, 2012
Sold by
Bought by
Seller's Agent
Sam Ghaderi
Allison James Estates & Homes
Buyer's Agent
Jim Bauer
Real Estate Teams, LLC
List Price
$97,500
Sold Price
$79,000
Premium/Discount to List
-$18,500
-18.97%
Current Estimated Value
$187,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,317
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Aug 3, 2012
Closed on
Jul 26, 2012
Sold by
Bought by
Seller's Agent
Sam Ghaderi
Allison James Estates & Homes
Buyer's Agent
Jim Bauer
Real Estate Teams, LLC
List Price
$97,500
Sold Price
$79,000
Premium/Discount to List
-$18,500
-18.97%

Purchase Details

Closed on
May 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$79,000 Home Title Company Inc
$46,600 None Available
$209,200 --
$209,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $10,000
Previous Owner $205,500
Previous Owner $205,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $79,000 -9.7% $69 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/26/2012 08/26/12 Price Changed $87,500 -10.3% $77 / Sq Ft
08/03/2012 08/03/12 For Sale $97,500 -- $85 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,670 $147,400 $40,500 $106,900
2024 $2,670 $143,000 $0 $0
2023 $2,364 $130,000 $0 $0
2022 $1,912 $105,000 $25,000 $80,000
2021 $1,825 $99,967 $0 $0
2020 $1,744 $94,933 $0 $0
2019 $1,639 $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

  • Sam Ghaderi

    Seller's Agent in 2012

    Sam Ghaderi

    Allison James Estates & Homes

    (301) 906-1919

    2 Total Sales

    Sam Ghaderi
    Section Image

  • J

    Buyer's Agent in 2012

    Jim Bauer

    Real Estate Teams, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004105366

Bright MLS

APN: 02-457105

Maryland Frederick County Frederick 21701 Carrollton

501 Prospect Blvd Unit 5B, Frederick, MD

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