NOT LISTED FOR SALE

503 Magnolia Ave Frederick, MD 21701

Baker Park Neighborhood

Estimated Value: $576,000 - $616,229

3 Beds
1 Bath
1,515 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $628,000 $415 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,647/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Main Floor Bedroom
  • Parkway Elementary School Rated A-
  • Space For Rooms
  • No HOA

About This Home

As of June 2024

This home is located at 503 Magnolia Ave, Frederick, MD 21701 since 11 June 2024 and is currently estimated at $591,307, approximately $390 per square foot. This property was built in 1940. 503 Magnolia Ave is a home located in Frederick County with nearby schools including Parkway Elementary School, West Frederick Middle School, and Frederick High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 06/11/2024

Last Buyer's Agent

Andrew Hopley

Keller Williams Realty Centre License #SP200201373

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,826

Year Built

  • Built in 1940

Lot Details

  • 6,250 Sq Ft Lot
  • Landscaped
  • Extensive Hardscape
  • Property is zoned R6

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Plaster Walls
  • Architectural Shingle Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fireplace Mantel
  • Formal Dining Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Patio

Schools

  • Parkway Elementary School
  • West Frederick Middle School
  • Frederick High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hood College Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 1102036878

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,826

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Attic/House Fan, Ceiling Fan(s), Entry Level Bedroom, Formal/Separate Dining Room, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Interior Access, Outside Entrance, Poured Concrete, Space For Rooms, Windows
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 1515
  • Price Per Sq Ft: 414.52
  • Above Grade Finished Sq Ft: 1515
  • Below Grade Sq Ft: 1010
  • Total Below Grade Sq Ft: 1010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • 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, Stone
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: PARKWAY
  • Middle School: WEST FREDERICK
  • High School: FREDERICK
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139693024
  • School District Source: Listing Agent
  • Elementary School: PARKWAY
  • High School: FREDERICK
  • Middle Or Junior School: WEST FREDERICK

Lot Info

  • Land Use Code: R
  • Lot Features: Landscaping
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: R6
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5826.00
  • Assessor Parcel Number: 1102036878
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1515
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/11/2024

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jun 7, 2024
Sold by
Holford Glenn W and Debelius Molly M
Bought by
Reinhard Jessica J and Vetter Frank J
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Andrew Hopley
Keller Williams Realty Centre
List Price
$628,000
Sold Price
$628,000
Current Estimated Value
$591,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,693
Avg. Annual Appreciation
-4.67%
Original Mortgage
$565,200
Outstanding Balance
$558,259
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$33,048

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 19, 2020
Sold by
Carson Thomas M and Carson Ruth E
Bought by
Holford Glenn W and Debelius Molly M
Seller's Agent
Lauren Olson
RE/MAX Results
Buyer's Agent
Andrew Hopley
Keller Williams Realty Centre
List Price
$424,900
Sold Price
$447,000
Premium/Discount to List
$22,100
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$408,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1999
Sold by
Jenkins Eric C
Bought by
Carson Thomas M and Carson Ruth E

Purchase Details

Closed on
Jan 3, 1991
Sold by
Doty Louise
Bought by
Jenkins Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,900
Interest Rate
9.68%
Source: Public Records

Range of Values:

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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
Reinhard Jessica J $628,000 Assurance Title
Reinhard Jessica J $628,000 Assurance Title
Holford Glenn W $447,000 Assurance Title Llc
Carson Thomas M $174,000 --
Jenkins Eric $139,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhard Jessica J $565,200
Closed Reinhard Jessica J $565,200
Previous Owner Holford Glenn W $136,000
Previous Owner Holford Glenn W $408,500
Previous Owner Carson Thomas M $252,000
Previous Owner Carson Thomas M $189,000
Previous Owner Carson Thomas M $100,000
Previous Owner Carson Thomas M $60,000
Previous Owner Jenkins Eric $137,900
Closed Carson Thomas M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $628,000 0.0% $415 / Sq Ft
06/11/2024 06/11/24 For Sale $628,000 +40.5% $415 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
11/20/2020 11/20/20 Sold $447,000 -0.7% $295 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $450,000 +5.9% $297 / Sq Ft
10/16/2020 10/16/20 For Sale $424,900 -- $280 / 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 $5,961 $394,400 $156,600 $237,800
2024 $5,961 $359,233 $0 $0
2023 $5,557 $324,067 $0 $0
2022 $5,214 $288,900 $120,500 $168,400
2021 $5,207 $283,233 $0 $0
2020 $5,045 $277,567 $0 $0
2019 $4,895 $271,900 $119,000 $152,900
2018 $4,792 $268,633 $0 $0
2017 $4,709 $271,900 $0 $0
2016 $4,597 $262,100 $0 $0
2015 $4,597 $262,100 $0 $0
2014 $4,597 $262,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Hopley

    Buyer's Agent in 2024

    Andrew Hopley

    Keller Williams Realty Centre

    (301) 275-2352

    17 in this area

    497 Total Sales

    Andrew Hopley
    Section Image
  • Lauren Olson

    Seller's Agent in 2020

    Lauren Olson

    RE/MAX

    (240) 674-7744

    10 in this area

    125 Total Sales

    Lauren Olson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDFR2047732

Bright MLS

APN: 02-036878

Maryland Frederick County Frederick 21701 Baker Park

503 Magnolia Ave, Frederick, MD

This home is located at 503 Magnolia Ave, Frederick, MD 21701 since 11 June 2024 and is currently estimated at $591,307, approximately $390 per square foot. This property was built in 1940. 503 Magnolia Ave is a home located in Frederick County with nearby schools including Parkway Elementary School, West Frederick Middle School, and Frederick High School.

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