NOT LISTED FOR SALE

541 Lancaster Place Frederick, MD 21703

Frederick Heights/Overlook Neighborhood

Estimated Value: $314,000 - $340,000

3 Beds
1.5 Baths
1,088 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $191,600 $176 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,124/month

39 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Frederick High School Rated A-
  • Colonial Architecture
  • Crown Molding

About This Home

As of December 2016

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Last Agent to Sell the Property

Michael Muren

(301) 524-4471 MikeMuren@gmail.com Long & Foster Real Estate, Inc. Listed on: 08/12/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Muren

(301) 524-4471 MikeMuren@gmail.com Long & Foster Real Estate, Inc. Listed on: 08/12/2016

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1988

Lot Details

  • 1,594 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Hillcrest Elementary School
  • West Frederick Middle School
  • Frederick High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Willow Bend Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1102146215

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,249

Year Built

Built in 1988

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Icemaker, Microwave, Refrigerator, Oven/Range - Electric, Washer, Dryer
  • Interior Amenities: Kitchen - Table Space, Kitchen - Gourmet, Kitchen - Eat-In, Crown Moldings, Wood Floors, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living 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: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

  • Elementary School: HILLCREST
  • High School: FREDERICK
  • Middle Or Junior School: WEST FREDERICK

Lot Info

  • Improvement Assessed Value: 50500.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1594
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1594.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R12
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11502798
  • Tax Annual Amount: 1249.05
  • Assessor Parcel Number: 1102146215
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 30, 2016
Sold by
Alban Place Limited Partnership
Bought by
Cola Keenan V and Jackson Courtney M
Seller's Agent
Michael Muren
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Muren
Long & Foster Real Estate, Inc.
List Price
$185,800
Sold Price
$191,600
Premium/Discount to List
$5,800
3.12%
Current Estimated Value
$324,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,676
Avg. Annual Appreciation
6.02%
Original Mortgage
$188,129
Outstanding Balance
$155,607
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$168,669
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
Cola Keenan V $191,600 Frederick Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cola Keenan V $188,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2016 12/29/16 Sold $191,600 +3.1% $176 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $185,800 -- $171 / 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 $4,618 $265,100 $85,000 $180,100
2024 $4,618 $247,133 $0 $0
2023 $4,169 $229,167 $0 $0
2022 $3,836 $211,200 $75,000 $136,200
2021 $3,313 $196,767 $0 $0
2020 $3,313 $182,333 $0 $0
2019 $3,057 $167,900 $40,000 $127,900
2018 $2,504 $135,433 $0 $0
2017 $1,906 $167,900 $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

  • Michael Muren

    Seller's Agent in 2016

    Michael Muren

    Long & Foster Real Estate, Inc.

    (301) 524-4471

    3 in this area

    276 Total Sales

    Michael Muren
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Map

Source: Bright MLS

MLS Number: 1001209973

Bright MLS

APN: 02-146215

Maryland Frederick County Frederick 21703 Frederick Heights/Overlook

541 Lancaster Place, Frederick, MD

Not Listed for Sale

Townhouses

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