NOT LISTED FOR SALE

5322 Sovereign Place Frederick, MD 21703

Estimated Value: $627,967 - $679,000

5 Beds
3.5 Baths
2,740 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $525,000 $192 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,000/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Deck
  • 1 Fireplace
  • Community Pool

About This Home

As of March 2021

OFFERS DUE TUESDAY FEBRUARY 9, 2021 AT 6:00PM. This is the PREMIER KINGSBROOK property you've been waiting for! Located on a quiet cul-de-sac with no city taxes, this home has EXTRAORDINARY SMART HOME FEATURES (installed in 2019) and was meticulously renovated with fresh paint throughout, crown molding, new light fixtures and ceiling fans, recessed lights, and textured ceilings removed (2019). Kitchen boasts upgraded stainless steel appliances (2019), new flooring (2019), and more. Additional upgrades include a new washer and dryer (2019) on the main level, and a built-in desk installed in the 5th bedroom (2020). Enjoy the beautiful open floor plan, fireplace, and finished basement, plus a spacious two-car garage. The patio and deck open to a fenced-in yard. Solar panels leased through Tesla. Conveniently located by I-270 and other commuter routes. This is a rare opportunity and a perfect fit for your family. Face coverings required for showings!

Last Agent to Sell the Property

Terez Dorsey

(240) 599-8555 terez@yourhomegirlterez.realtor Keller Williams Realty Centre Listed on: 02/05/2021

Keller Williams Realty Centre

Last Buyer's Agent

Haisha Zhou

(202) 560-4031 zhshashen@yahoo.com Fairfax Realty Select License #0225194171

Fairfax Realty Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,384

Year Built

  • Built in 1991

Lot Details

  • 9,857 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned PUD

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Fenced Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Laundry on main level
  • Finished Basement

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 1128566441

Community Details

Overview

  • Kingsbrook Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,384

Year Built

Built in 1991

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-14
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater
  • Interior Amenities: Carpet, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3628
  • Living Area Sq Ft: 2740
  • Price Per Sq Ft: 215.16
  • Above Grade Finished Sq Ft: 2440
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 888
  • Total Below Grade Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Fenced
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 91.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 282200.00
  • Land Assessed Value: 99700.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9857.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: PUD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11559174
  • Tax Annual Amount: 4384.00
  • Assessor Parcel Number: 1128566441
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 15, 2021
Sold by
Harris Radiance Walters and Harris Johnnyrhette
Bought by
Liu Qiang and Li Jiying
Seller's Agent
Terez Dorsey
Keller Williams Realty Centre
Buyer's Agent
Haisha Zhou
Fairfax Realty Select
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Current Estimated Value
$649,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,492
Avg. Annual Appreciation
4.61%
Original Mortgage
$375,000
Outstanding Balance
$336,728
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,764

Purchase Details

Listed on
Jun 27, 2019
Closed on
Sep 12, 2019
Sold by
Shade Robert M and Shade Cynthia M
Bought by
Harris Radiance Walters and Harris Johnnyrhette
Seller's Agent
Michelle Hodos
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$429,000
Sold Price
$422,500
Premium/Discount to List
-$6,500
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Original Mortgage
$414,846
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1991
Sold by
Ryland Group Inc.
Bought by
Shade Robert M and Shade Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
9.5%

Purchase Details

Closed on
Oct 3, 1990
Sold by
Ltd Kingsbrook
Bought by
Ryland Group Inc.
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
Liu Qiang $525,000 Fidelity National Ttl Ins Co
Harris Radiance Walters $422,500 Monarch Title Inc
Shade Robert M $209,400 --
Ryland Group Inc. $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Qiang $375,000
Previous Owner Harris Radiance Walters $414,846
Previous Owner Shade Robert M $167,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $525,000 0.0% $192 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $525,000 +1.9% $192 / Sq Ft
02/05/2021 02/05/21 For Sale $515,000 +21.9% $188 / Sq Ft
09/12/2019 09/12/19 Sold $422,500 +0.5% $154 / Sq Ft View Prior Sale
08/10/2019 08/10/19 Pending -- -- --
07/28/2019 07/28/19 Price Changed $420,500 -2.0% $153 / Sq Ft
06/27/2019 06/27/19 For Sale $429,000 -- $157 / 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 $5,879 $526,400 $99,700 $426,700
2024 $5,879 $478,233 $0 $0
2023 $5,083 $430,067 $0 $0
2022 $4,523 $381,900 $99,700 $282,200
2021 $4,434 $374,233 $0 $0
2020 $4,384 $366,567 $0 $0
2019 $4,256 $358,900 $99,700 $259,200
2018 $4,168 $355,600 $0 $0
2017 $4,141 $358,900 $0 $0
2016 $4,073 $349,000 $0 $0
2015 $4,073 $349,000 $0 $0
2014 $4,073 $349,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR276944

Bright MLS

APN: 28-566441