NOT LISTED FOR SALE

506 Lancaster Place Frederick, MD 21703

Frederick Heights/Overlook Neighborhood

Estimated Value: $285,000 - $316,000

3 Beds
1.5 Baths
1,024 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $204,500 $200 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,020/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Brick Front
  • Frederick High School Rated A-
  • Shed
  • Heat Pump System

About This Home

As of March 2020

STUNNING BRICK FRONT TOWN HOME FEATURING THREE LARGE BEDROOMS. RENOVATED KITCHEN WITH SHAKER CABINETS, STAINLESS STEEL APPLIANCES AND GRANITE COUNTERS, NEWER WATER HEATER AND HVAC SYSTEM. NEWER WASHER AND DRYER. STUNNING LAMINATED FLOORING ON MAIN LEVEL. PRIVATE FENCED BACKYARD BACKING TO OPEN SPACE INCLUDES A SPACIOUS SHED AND LARGE PATIO FOR YOUR COOKOUTS.

Last Agent to Sell the Property

Klaus Breitsameter

(301) 921-2681 klaus@md-dreamhomes.com RE/MAX Realty Group Listed on: 02/05/2020

RE/MAX Realty Group

Last Buyer's Agent

Kathryn Royer

(202) 380-8413 kat@royerselectrealty.com Royer Select Realty License #658873

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1988

Lot Details

  • 1,592

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,024 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Additional Features

  • Shed
  • 1,592 Sq Ft Lot
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1102146487

Community Details

Overview

  • Willow Bend Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,341

Year Built

Built in 1988

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-02-07
  • Federal Flood Zone: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1024
  • Living Area Sq Ft: 1024
  • Price Per Sq Ft: 199.71
  • Above Grade Finished Sq Ft: 1024
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 142300.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1592.00
  • Zoning: R12
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11550135
  • Tax Annual Amount: 3341.00
  • Assessor Parcel Number: 1102146487
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Mar 27, 2020
Sold by
Flip Flop To Florida Llc
Bought by
Datta Partha P
Seller's Agent
Klaus Breitsameter
RE/MAX Realty Group
Buyer's Agent
Kathryn Royer
Royer Select Realty
List Price
$204,500
Sold Price
$204,500
Current Estimated Value
$306,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,426
Avg. Annual Appreciation
11.83%
Original Mortgage
$163,600
Outstanding Balance
$113,861
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$193,065

Purchase Details

Listed on
Mar 28, 2020
Closed on
Jan 22, 2020
Sold by
Truist Bank
Bought by
Flip Flop To Florida Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Klaus Breitsameter
RE/MAX Realty Group
List Price
$160,000
Sold Price
$157,800
Premium/Discount to List
-$2,200
-1.38%

Purchase Details

Closed on
Sep 11, 2019
Sold by
Vasquez Kevin O Morales
Bought by
Suntrust Bank

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 7, 2016
Sold by
Alban Place Limited Partnership
Bought by
Vasquez Kevin O Morales
Seller's Agent
Michael Muren
Long & Foster Real Estate, Inc.
Buyer's Agent
LINH HANG
Excel Realty Corp.
List Price
$178,150
Sold Price
$185,085
Premium/Discount to List
$6,935
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$5,000
Interest Rate
3.45%
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

Date Buyer Sale Price Title Company
Datta Partha P $204,500 None Available
Flip Flop To Florida Llc $157,800 Accommodation
Suntrust Bank $155,800 None Available
Vasquez Kevin O Morales $185,085 Frederick Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Datta Partha P $163,600
Previous Owner Vasquez Kevin O Morales $5,000
Previous Owner Vasquez Kevin O Morales $181,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2020 03/28/20 For Sale $160,000 -21.8% $156 / Sq Ft
03/27/2020 03/27/20 Sold $204,500 0.0% $200 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $204,500 +29.6% $200 / Sq Ft
01/29/2020 01/29/20 Sold $157,800 -14.7% $154 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
08/31/2016 08/31/16 Sold $185,085 +3.9% $181 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $178,150 -- $174 / 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 $4,495 $257,600 $85,000 $172,600
2024 $4,495 $240,433 $0 $0
2023 $4,064 $223,267 $0 $0
2022 $3,745 $206,100 $75,000 $131,100
2021 $3,530 $198,167 $0 $0
2020 $3,453 $190,233 $0 $0
2019 $3,311 $182,300 $40,000 $142,300
2018 $2,587 $145,033 $0 $0
2017 $1,331 $182,300 $0 $0
2016 $1,363 $70,500 $0 $0
2015 $1,363 $70,500 $0 $0
2014 $1,363 $70,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Klaus Breitsameter

    Seller's Agent in 2020

    Klaus Breitsameter

    Remax Realty Group

    (301) 921-2681

    5 in this area

    236 Total Sales

    Klaus Breitsameter
    Section Image
  • Kathryn Royer

    Buyer's Agent in 2020

    Kathryn Royer

    Royer Select Realty

    (202) 380-8413

    2 in this area

    68 Total Sales

    Kathryn Royer
    Section Image
  • Michael Muren

    Seller's Agent in 2016

    Michael Muren

    Long & Foster Real Estate, Inc.

    (301) 524-4471

    3 in this area

    272 Total Sales

    Michael Muren
    Section Image

  • L

    Buyer's Agent in 2016

    LINH HANG

    Excel Realty Corp.

    (301) 332-5433

    1 in this area

    43 Total Sales

    LINH HANG
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDFR258972

Bright MLS

APN: 02-146487

Maryland Frederick County Frederick 21703 Frederick Heights/Overlook

506 Lancaster Place, Frederick, MD

Not Listed for Sale

Townhouses

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