NOT LISTED FOR SALE

5345 Sovereign Place Frederick, MD 21703

Estimated Value: $672,000 - $717,000

5 Beds
4.5 Baths
3,172 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $655,000 $206 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,268/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool
  • Level Entry For Accessibility
  • Gas Fireplace

About This Home

As of September 2022

Welcome to this beautiful updated Kingsbrook detached home! One of the largest models in the community, this quiet cul-de-sac homes offers over 4,000 ft of living space! From the moment you arrive, the beautiful landscaped brick-front and large driveway provide plenty of curb appeal. Entering the home, a grand foyer with staircase to the upper level, capture your attention. A private from office with glass doors, starts the tour, followed by an updated powder leading down the hall to the kitchen. The spacious kitchen provides plenty of work space and countertop space, with a gas cooktop, double oven, large refrigerator and plenty of cabinets. From the kitchen, an eat in dining area drops down to a large living room with a ton of natural light, wood burning fireplace, and access to the unique styled back deck with 3 tiers for entertaining. This area also provides access to the spacious laundry room and 2-car garage. To the right of the entry way, you will find a large formal living room with gleaming hardwoods, accent pillars and a spacious dining room for holiday gatherings. Up the beautiful curved staircase, you first enter the owners suite. A large bedroom heads back to an open concept owners bath, complete with multiple walk in closets, a spacious "get-ready room" or workout area, a stand up shower, dual vanities, private water closet, and a Jacuzzi soaking tub. Heading down the hall, an additional bedroom with en-suite is fantastic for long term guests! Two additional bedrooms on the upper level are spacious and share a full bathroom with hall access. The lower level is completed with two very large rec rooms, a bedroom with closets or additional office, a bar area, full bath, and access to the back yard through a set of French doors. The private back yard offers plenty of space to entertain and for yard games, as well. Two year old windows and just over a 5 year old roof, make this home worry free. Too many updates to list, come see for yourself! Close to all amenities, shopping and commuter routes, and just a few minutes from Downtown Frederick. Book your showing today!

Last Agent to Sell the Property

Troyce Gatewood

(301) 329-6193 admin@troycegatewood.com Real Broker, LLC - Frederick Listed on: 08/26/2022

Last Buyer's Agent

Kiki Tesfaye

(301) 377-9770 kiki.tesfaye@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot
  • Property is zoned PUD

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Gas Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 1128566794

Community Details

Overview

  • Kingsbrook Community
  • Kingsbrook Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,931

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
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-08-26
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Interior Access, Walkout Stairs
  • Total Sq Ft: 4292
  • Living Area Sq Ft: 3172
  • Price Per Sq Ft: 189.12
  • Above Grade Finished Sq Ft: 3172
  • Below Grade Sq Ft: 1120
  • Total Below Grade Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, 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: 329600.00
  • Land Assessed Value: 100100.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11191.00
  • Zoning: PUD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11558673
  • Tax Annual Amount: 4931.00
  • Assessor Parcel Number: 1128566794
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 23, 2022
Sold by
Mccoy Iii Michael D
Bought by
Lumbila Kevin Numbi and Mpueta Jolie Kiayima
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Kiki Tesfaye
Redfin Corp
List Price
$599,900
Sold Price
$655,000
Premium/Discount to List
$55,100
9.18%
Views
48
Current Estimated Value
$685,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,343
Avg. Annual Appreciation
1.42%
Original Mortgage
$643,136
Outstanding Balance
$615,889
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$69,454

Purchase Details

Closed on
Jun 9, 2016
Sold by
Mccoy Michael D and Mccoy Mary Anne
Bought by
Mccoy Michael D and Mccoy Mary Anne

Purchase Details

Closed on
May 7, 1991
Sold by
Lovell-Regency Homes Ltd. Part.
Bought by
Mccoy Michael D and Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,300
Interest Rate
9.47%

Purchase Details

Closed on
Jul 11, 1990
Sold by
Ltd Kingsbrook
Bought by
Lovell-Regency Homes Ltd. Part.
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
Lumbila Kevin Numbi $655,000 Fidelity National Title Insura
Mccoy Michael D -- Attorney
Mccoy Michael D $285,100 --
Lovell-Regency Homes Ltd. Part. $408,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumbila Kevin Numbi $643,136
Previous Owner Mccoy Michael D $182,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $655,000 +9.2% $206 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $599,900 -- $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 $6,814 $618,300 $100,100 $518,200
2024 $6,814 $555,433 $0 $0
2023 $5,809 $492,567 $0 $0
2022 $5,079 $429,700 $100,100 $329,600
2021 $4,922 $420,733 $0 $0
2020 $4,914 $411,767 $0 $0
2019 $4,766 $402,800 $100,100 $302,700
2018 $4,675 $398,933 $0 $0
2017 $4,631 $402,800 $0 $0
2016 $4,727 $391,200 $0 $0
2015 $4,727 $391,200 $0 $0
2014 $4,727 $391,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2022902

Bright MLS

APN: 28-566794