NOT LISTED FOR SALE

503 Gateway Dr W Thurmont, MD 21788

Estimated Value: $467,000 - $528,000

4 Beds
3.5 Baths
1,908 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $355,000 $186 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,083/month

Highlights

  • In Ground Pool
  • Mountain View
  • Traditional Floor Plan
  • Colonial Architecture
  • Deck
  • Wood Flooring

About This Home

As of August 2018

Immaculate 4 BR 3.5 BA colonial on 1/2 acre w/mountain views. Main level LR, DR & FR w/wood floors.Updated kitchen w/granite counters, island & stainless appliances. Upper level 4 BR 2 BA inc. master BR w/own BA. Walk out lower level rec room, full BA & bonus room/office. Exterior features front porch, over sized 2 car garage, extensive landscaping, multiple level Trex/vinyl decks & inground pool!

Last Agent to Sell the Property

Richard Shank

(301) 471-2953 richshankrealtor@gmail.com Shank & Associates Realty Llc Listed on: 06/07/2018

Last Buyer's Agent

Jeannette Bingaman

(301) 266-8813 jeannette.bingaman@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Heatilator
  • Gas Fireplace
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Home Security

  • Home Security System
  • Exterior Cameras

Outdoor Features

  • In Ground Pool
  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • 60 Gallon+ Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Altogether Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1115347201

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,336

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-06-11
  • Year Built: 1986
  • Remarks Public: Immaculate 4 BR 3.5 BA colonial on 1/2 acre w/mountain views. Main level LR, DR & FR w/wood floors.Updated kitchen w/granite counters, island & stainless appliances. Upper level 4 BR 2 BA inc. master BR w/own BA. Walk out lower level rec room, full BA & bonus room/office. Exterior features front porch, over sized 2 car garage, extensive landscaping, multiple level Trex/vinyl decks & inground pool!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Screens, Wood Frame
  • Fireplace Features: Gas/Propane, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Features: In Ground
  • Road Surface Type: Black Top
  • Roof: Shingle
  • View: Mountain
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Security: Exterior Cameras, Non-Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 237900.00
  • Land Assessed Value: 63100.00
  • Lot Size Acres: 0.46
  • Lot Size Area: 20037
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11532892
  • Tax Annual Amount: 4336.30
  • Assessor Parcel Number: 1115347201
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 1908
  • Tax Year: 2016
  • Close Date: 08/10/2018

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Cavenee Joseph Anthony and Cavenee Melissa Lynn
Bought by
Cavenee Joseph Anthony
Current Estimated Value
$494,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,500
Outstanding Balance
$276,974
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,033

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 10, 2018
Sold by
Hashemzadeh Mohammad and Hashemzadeh Donna B
Bought by
Cavenee Joseph Anthony and Cavenee Melissa Lynn
Seller's Agent
Richard Shank
Shank & Associates Realty Llc
Buyer's Agent
Jeannette Bingaman
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$304,646
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Olsen Leif and Olsen Shirley N
Bought by
Hashemzadeh Mohammad and Hashemzadeh Donna B

Purchase Details

Closed on
Aug 22, 1986
Sold by
Clabaugh Clifford E
Bought by
Olsen Leif and Olsen Shirley N
Source: Public Records

Range of Values:

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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
Cavenee Joseph Anthony -- None Available
Cavenee Joseph Anthony $355,000 Lakeside Title Co
Hashemzadeh Mohammad $179,000 --
Olsen Leif $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavenee Joseph Anthony $303,500
Previous Owner Cavenee Joseph Anthony $304,646
Previous Owner Hashemzadeh Donna B $266,605
Previous Owner Hashemzadeh Mohamad $100,000
Previous Owner Hashemzadeh Mohammad $292,000
Closed Hashemzadeh Mohammad --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $355,000 0.0% $186 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $355,000 +1.5% $186 / Sq Ft
07/11/2018 07/11/18 Price Changed $349,900 0.0% $183 / Sq Ft
07/11/2018 07/11/18 For Sale $349,900 -1.4% $183 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $354,900 -1.4% $186 / Sq Ft
06/07/2018 06/07/18 For Sale $359,900 -- $189 / 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 $5,671 $426,400 -- --
2024 $5,671 $389,400 $0 $0
2023 $5,348 $352,400 $63,100 $289,300
2022 $5,124 $341,300 $0 $0
2021 $4,810 $330,200 $0 $0
2020 $4,730 $319,100 $63,100 $256,000
2019 $4,642 $313,067 $0 $0
2018 $4,532 $307,033 $0 $0
2017 $4,289 $301,000 $0 $0
2016 $3,925 $289,967 $0 $0
2015 $3,925 $278,933 $0 $0
2014 $3,925 $267,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001763974

Bright MLS

APN: 15-347201