NOT LISTED FOR SALE

501 Prospect Blvd Unit 9B Frederick, MD 21701

Carrollton Neighborhood

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

1 Bed
1 Bath
893 Sq Ft
$130/mo HOA Fee

Last Sold August 19, 2015

Last sale price $82,000 $92 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,301/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Traditional Floor Plan
  • Community Playground
  • Property is in very good condition

About This Home

As of August 2015

Located in a very convenient location, this spacious condo is on the first floor for easy access and has ample storage, in-unit washer/dryer, granite counters, stainless appliances & glass sliding door opening to patio. Condo fee estimated.

Last Agent to Sell the Property

Jeffrey Tessmer

(410) 218-5235 jtessmer@outlook.com Cummings & Co. Realtors License #RS-0026075 Listed on: 06/30/2015

Cummings & Co. Realtors

Co-Listed By

James Mikula

(410) 960-2836 jim.mikula@outlook.com Cummings & Co. Realtors License #528495

Last Buyer's Agent

Ellie Hitt

(240) 888-8448 ellie@homeswithellie.com RE/MAX Realty Centre, Inc. License #583006

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1964

Lot Details

  • Property is in very good condition

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Lincoln Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1102457156

Community Details

Overview

  • Low-Rise Condominium
  • Jefferson Chase Community
  • Jefferson Chase Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,311

Year Built

Built in 1964

Lot Details

0

HOA Fees

$130 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
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 88.47
  • 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
  • Type Of Parking: On Street

Utilities

  • 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: 130.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Common Grounds
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: LINCOLN

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1311.06
  • Assessor Parcel Number: 1102457156
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 19, 2015
Sold by
Community Development Administration
Bought by
Tunney Janet
Seller's Agent
Jeffrey Tessmer
Cummings & Co. Realtors
Buyer's Agent
Ellie Hitt
RE/MAX Realty Centre, Inc.
List Price
$79,000
Sold Price
$82,000
Premium/Discount to List
$3,000
3.8%
Current Estimated Value
$193,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,964
Avg. Annual Appreciation
8.72%
Original Mortgage
$73,800
Outstanding Balance
$58,122
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$135,842

Purchase Details

Closed on
Feb 12, 2015
Sold by
Bradley Jeffrey Lee
Bought by
Community Development Administration Mar

Purchase Details

Closed on
Jun 16, 2007
Sold by
Prospect Managers Llc
Bought by
Bradley Jeffrey Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Prospect Managers Llc
Bought by
Bradley Jeffrey Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.24%
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
Tunney Janet $82,000 First American Title Ins Co
Community Development Administration Mar $141,000 None Available
Bradley Jeffrey Lee $176,200 --
Bradley Jeffrey Lee $176,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunney Janet $73,800
Previous Owner Bradley Jeffrey Lee $173,000
Previous Owner Bradley Jeffrey Lee $173,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $82,000 +3.8% $92 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $79,000 -- $88 / 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 $1,594 $95,000 $25,000 $70,000
2021 $1,719 $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 $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: 1001188799

Bright MLS

APN: 02-457156