NOT LISTED FOR SALE

550 Heather Ridge Dr Unit M Frederick, MD 21702

Villa Estates Neighborhood

Estimated Value: $171,000 - $183,000

2 Beds
1 Bath
842 Sq Ft
$235/ mo HOA Fee

Last Sold February 16, 2018

Last sale price $77,000 $91 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,338/month

2 Days on Market

Highlights

  • Open Floorplan
  • Jogging Path
  • Community Playground
  • Wood Flooring
  • Balcony
  • Central Air

About This Home

As of February 2018

Beautiful view & exceptional third floor unit, located in the younger less congested area of the condo association. There is plenty of parking and the building fronts to open common area. Features include: open floor plan flooded w/ natural light, attractive laminate flooring in the living room, dining room and kitchen, separate laundry room with full size washer and dryer & close to downtown.

Last Agent to Sell the Property

David King

david.king@longandfoster.com Long & Foster Real Estate, Inc. License #301027 Listed on: 01/30/2018

Last Buyer's Agent

Cinnamon Smith

(301) 271-3487 cindy_grimes@msn.com J & B Real Estate, Inc License #517856

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1982

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 842 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7M
  • Assessor Parcel Number 1102125552

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, sewer, trash, water
  • Low-Rise Condominium
  • Ambertowne Community
  • Ambertowne Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,247

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Disposal
  • Interior Amenities: Combination Dining/Living, Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 842
  • Living Area Sq Ft: 842
  • Price Per Sq Ft: 94.89
  • Above Grade Finished Sq Ft: 842
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 235.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 50000.00
  • Land Assessed Value: 21000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11507688
  • Tax Annual Amount: 1246.57
  • Assessor Parcel Number: 1102125552
  • Tax Lot: 7M
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Feb 16, 2018
Sold by
Brown Herbert L and Brown Freddie A
Bought by
Algonquin Court Trust
Seller's Agent
David King
Long & Foster Real Estate, Inc.
Buyer's Agent
Cinnamon Smith
J & B Real Estate, Inc
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%
Current Estimated Value
$176,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,035
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Thurmont Associates Partnership
Bought by
Brown Herbert L

Purchase Details

Closed on
Jun 21, 1990
Sold by
Haniak Peter R
Bought by
Thurmont Associates Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
10.12%

Purchase Details

Closed on
Mar 9, 1989
Sold by
Erta No 1 Gen Part
Bought by
Haniak Peter R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,850
Interest Rate
10.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Algonquin Court Trust $77,000 United Title Service Llc
Brown Herbert L $50,700 --
Thurmont Associates Partnership $66,000 --
Haniak Peter R $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thurmont Associates Partnership $54,400
Previous Owner Haniak Peter R $56,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $77,000 -3.6% $91 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $79,900 -- $95 / Sq Ft
Source: Bright MLS

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 $1,925 $104,333 $0 $0
2022 $1,628 $89,000 $25,000 $64,000
2021 $1,523 $83,000 $0 $0
2020 $1,411 $77,000 $0 $0
2019 $1,304 $71,000 $21,000 $50,000
2018 $1,213 $68,000 $0 $0
2017 $1,001 $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

  • David King

    Seller's Agent in 2018

    David King

    Long & Foster

    (301) 644-1044

    69 Total Sales

    David King
    Section Image
  • Cinnamon Smith

    Buyer's Agent in 2018

    Cinnamon Smith

    J & B Real Estate, Inc

    (301) 748-7811

    24 Total Sales

    Cinnamon Smith
    Section Image
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Map

Source: Bright MLS

MLS Number: 1005813525

Bright MLS

APN: 02-125552

Maryland Frederick County Frederick 21702 Villa Estates

550 Heather Ridge Dr Unit M, Frederick, MD

Not Listed for Sale

Condos

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