$115,000
SOLD SEP 4, 2020

550 Heather Ridge Dr Unit C Frederick, MD 21702

Villa Estates Neighborhood
2 Beds
1 Bath
-- Sq Ft
$245/mo HOA Fee

Recently Sold

4% Below List Price

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • Walk-In Closet
  • Colonial Architecture
  • Eat-In Galley Kitchen
  • Recessed Lighting

About This Home

As of September 2020

EXCEPTIONAL 2 bedroom condo in absolute move-in condition. Fully renovated kitchen with new appliances, countertops and flooring. Freshly painted. Fully renovated bathroom. STRONG RENTAL MARKET. Main level unit. Plenty of parking. Conveniently located in Ambertown Community, close so shopping, dining, grocery, public transportation, etc. Condo is located in the middle level, front right unit. Easy to show! Couple miles from Downtown Frederick.

Last Agent to Sell the Property

Aaron Marsh

Marsh Realty License #533267 Listed on: 07/23/2020

Last Buyer's Agent

Majid Syed

Taylor Properties

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1982

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Dining Area

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot
  • 4 Assigned Parking Spaces

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7C
  • Assessor Parcel Number 1102125447

Community Details

Overview

  • Low-Rise Condominium
  • Ambertowne Community
  • Ambertowne Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,355

Year Built

Built in 1982

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: EXCEPTIONAL 2 bedroom condo in absolute move-in condition. Fully renovated kitchen with new appliances, countertops and flooring. Freshly painted. Fully renovated bathroom. STRONG RENTAL MARKET. Main level unit. Plenty of parking. Conveniently located in Ambertown Community, close so shopping, dining, grocery, public transportation, etc. Condo is located in the middle level, front right unit. Easy to show! Couple miles from Downtown Frederick.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Galley, Recessed Lighting, Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 4
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 245.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 64000.00
  • Land Assessed Value: 25000.00
  • Land Use Code: 010
  • Year Assessed: 2020
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 11503763
  • Tax Annual Amount: 1355.00
  • Assessor Parcel Number: 1102125447
  • Tax Lot: 7C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Wong Albert
Bought by
Earn & Learn Enterprises Llc
Current Estimated Value
$183,956

Purchase Details

Closed on
Jun 22, 2022
Sold by
Enam Family Second Limited Liability Par
Bought by
Wong Albert and Vert-Wong Ekaterina

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 4, 2020
Sold by
Mills Laurie Layman
Bought by
Enam Fam Second Ltd Liability Prtnrshp
Seller's Agent
Aaron Marsh
Marsh Realty
Buyer's Agent
Majid Syed
Taylor Properties
List Price
$119,980
Sold Price
$115,000
Premium/Discount to List
-$4,980
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Giesler Merhl E and Giesler Sharon
Bought by
Mills Laurie Layman

Purchase Details

Closed on
Jun 3, 1996
Sold by
Cerberus Investments Limited Part
Bought by
Giesler Merhl E and Giesler Sharon

Purchase Details

Closed on
Dec 14, 1988
Sold by
Erta No 1 Gen Part
Bought by
Cerberus Investments Limited Part.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
10.46%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- --
Deed $155,000 Fidelity National Title
Deed $115,000 Premier Setmnts & Ttl Svcs L
Deed $46,500 --
Deed $50,000 --
Deed $322,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $271,200 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Rented $1,250 0.0% --
11/20/2020 11/20/20 For Rent $1,250 0.0% --
09/04/2020 09/04/20 Sold $115,000 -4.2% --
08/23/2020 08/23/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $119,980 0.0% --
08/13/2020 08/13/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $119,980 0.0% --
07/02/2018 07/02/18 Rented $1,315 +3.1% --
07/02/2018 07/02/18 Under Contract -- -- --
05/02/2018 05/02/18 For Rent $1,275 -- --
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 $2,242 $135,000 $45,000 $90,000
2024 $2,242 $119,667 $0 $0
2023 $1,907 $104,333 $0 $0
2022 $1,628 $89,000 $25,000 $64,000
2021 $1,523 $83,000 $0 $0
2020 $1,424 $77,000 $0 $0
2019 $1,304 $71,000 $21,000 $50,000
2018 $1,213 $68,000 $0 $0
2017 $1,142 $71,000 $0 $0
2016 $990 $62,000 $0 $0
2015 $990 $58,667 $0 $0
2014 $990 $55,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR267894

Bright MLS

APN: 02-125447