NOT LISTED FOR SALE

Estimated Value: $878,000 - $2,890,000

8 Beds
3 Baths
2,208 Sq Ft
$732/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2024

Last sale price $3,101,000 $1,404 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $9,089 / mo

15 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Livestock
  • 79.07 Acre Lot
  • 1 Car Attached Garage
  • Radiator

About This Home

As of June 2024

116 acre Property includes 2 separate tax parcels, both tax records posted in documents. Opportunity is knocking - beautiful farm just outside of the City of Frederick with all options available:
(A) enter into a land preservation program; OR,
(B) develop into residential lots under existing Ag Zoning with potential yield of 9 lots and 2 remainder parcels under the ag cluster option; or potential yield of 6 lots and 2 remainder parcels under the standard development option; OR
(C) hold for potential future rezoning - Property is located at the US 15/350 interchange with Mount Zion Road; 2.5 miles south of the City of Frederick.

Currently a row crop and livestock farm, 93% of the land is categorized as Prime Soils and 6% is Farmland of Statewide Importance. The Property includes a brick 3 BR, 2BA ranch style residence constructed in 1980, a 2 story frame residence constructed in 1860 (not occupied and needing full renovation), bank barn, dairy barn with bank to upper level, 3 bay machine shed, stone spring house, machine shed/corn crib, and several other agricultural buildings. The Property is traversed by approximately 1,100 linear feet of the Renn Branch of Ballenger Creek; multiple springs on the Property form a tributary to the Renn Branch which provides another 900 linear feet of running water.

Last Agent to Sell the Property

David Wilkinson

(301) 698-9696 dave@macroltd.com MacRo, Ltd. Listed on: 04/27/2024

Last Buyer's Agent

Thomas Poss

(301) 698-3232 tmposs@theverdantcompanies.com Verdant Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 1860

Lot Details

  • 79.07 Acre Lot
  • Rural Setting
  • Wire Fence
  • Property includes 5124 Cap Stine Road, Tax ID 23-437295, 37 acres +/-, which includes a brick rancher built in 1980.

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Property Views

  • Panoramic
  • Scenic Vista
  • Mountain

Home Design

  • Stone Foundation
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

Farming

  • Livestock

Utilities

  • Radiator
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1123437279

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,028

Year Built

Built in 1860

Lot Details

79.07 Acres

Parking

1

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1860
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 3312
  • Living Area Sq Ft: 2208
  • Price Per Sq Ft: 1313.41
  • Above Grade Finished Sq Ft: 2208
  • Below Grade Sq Ft: 1104
  • Total Below Grade Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • View: Mountain, Panoramic, Scenic Vista
  • 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: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Property includes 5124 Cap Stine Road, Tax ID 23-437295, 37 acres +/-, which includes a brick rancher built in 1980.
  • Crops Included: No
  • Farm Land Area Units: Acres
  • Farm Operation: Livestock
  • Fencing: Wire
  • Lot Size Acres: 79.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3444289.00
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3028.00
  • Assessor Parcel Number: 1123437279
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jun 26, 2024
Sold by
Bought by
Seller's Agent
David Wilkinson
MacRo, Ltd.
Buyer's Agent
Thomas Poss
Verdant Realty Group LLC
List Price
$2,900,000
Sold Price
$3,101,000
Premium/Discount to List
$201,000
6.93%
Views
40
Current Estimated Value
$1,616,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,484,493
Avg. Annual Appreciation
-26.89%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,240,400 Clear Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $3,101,000 +6.9% $1,404 / Sq Ft
04/27/2024 04/27/24 For Sale $2,900,000 -- $1,313 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,372 $305,000
2024 $3,372 $281,700 $0 $0
2023 $3,042 $258,400 $120,700 $137,700
2022 $2,950 $252,767 $0 $0
2021 $2,885 $247,133 $0 $0
2020 $2,829 $241,500 $120,700 $120,800
2019 $2,802 $239,100 $0 $0
2018 $2,797 $236,700 $0 $0
2017 $2,746 $234,300 $0 $0
2016 $3,142 $227,500 $0 $0
2015 $3,142 $220,700 $0 $0
2014 $3,142 $213,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2047650

Bright MLS

APN: 23-437279

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