NOT LISTED FOR SALE

5508 Upper Mill Terrace N Frederick, MD 21703

Estimated Value: $353,727 - $379,000

3 Beds
1.5 Baths
1,240 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $331,400 $267 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,263/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Dining Room
  • Recreation Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Welcome to this beautiful 3-level townhouse located in the heart of Frederick. This home boasts 3 bedrooms including a primary bedroom with vaulted ceilings & a walk-in closet,, 1.5 bathrooms, fresh paint throughout, laminate floors on the main level, white kitchen cabinets with offsetting black appliances, a separate dining space, a spacious living room filled with natural light, and a fully finished walk-out level basement that offers additional living space. The backyard includes a large deck that has direct access to the rear yard which is perfectly situated for entertaining and is enclosed by a privacy fence. This home is move-in ready and is awaiting the next owner to call it home. Located conveniently near the Westview Shopping Center and all of the amenities Ballenger Creek has to offer.

Last Agent to Sell the Property

Dan Hozhabri

(301) 461-9154 Dan@DHGSells.com Keller Williams Realty Centre License #587796 Listed on: 05/12/2022

Keller Williams Realty Centre

Last Buyer's Agent

Jeffrey Maurer

(240) 938-0509 jeff.maurer@gmail.com Maurer Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1999

Lot Details

  • 2,000 Sq Ft Lot

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

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

Community Details

  • Westview Office Community
  • Westview Park Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1128581777

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,840

Year Built

Built in 1999

Lot Details

0

HOA Fees

$70 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, Main, Upper 1
  • Expected On Market: 2022-05-12
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Recreation Room, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Walkout Level, Fully Finished
  • Total Sq Ft: 1840
  • Living Area Sq Ft: 1240
  • Price Per Sq Ft: 262.02
  • Above Grade Finished Sq Ft: 1240
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished 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
  • Upper Level Bathrooms: 1.00
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: 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: 70.00
  • 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: 180500.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11572764
  • Tax Annual Amount: 2840.00
  • Assessor Parcel Number: 1128581777
  • Tax Lot: 20
  • 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
May 12, 2022
Closed on
Jul 29, 2022
Sold by
Richard Stewart
Bought by
Jimenez Aaron C and Villacres Emily A
Seller's Agent
Dan Hozhabri
Keller Williams Realty Centre
Buyer's Agent
Jeffrey Maurer
Maurer Realty
List Price
$349,000
Sold Price
$331,400
Premium/Discount to List
-$17,600
-5.04%
Current Estimated Value
$366,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,282
Avg. Annual Appreciation
2.92%
Original Mortgage
$339,022
Outstanding Balance
$324,179
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$42,503

Purchase Details

Closed on
Mar 15, 2018
Sold by
Illig Patricia S
Bought by
Stewart Richard and Stewart Chloe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1999
Sold by
Martin Westview Park Llc
Bought by
Illig Patrick S
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
Jimenez Aaron C $331,400 Delisi Christopher T
Stewart Richard $225,000 None Available
Illig Patrick S $120,415 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Aaron C $339,022
Previous Owner Stewart Richard $220,924
Closed Illig Patrick S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $331,400 +2.0% $267 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $324,900 -6.9% $262 / Sq Ft
05/12/2022 05/12/22 For Sale $349,000 -- $281 / 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 $3,464 $293,000 $80,000 $213,000
2024 $3,464 $278,833 $0 $0
2023 $3,162 $264,667 $0 $0
2022 $2,997 $250,500 $70,000 $180,500
2021 $2,855 $242,333 $0 $0
2020 $2,832 $234,167 $0 $0
2019 $2,713 $226,000 $63,000 $163,000
2018 $2,649 $226,000 $63,000 $163,000
2017 $2,727 $226,000 $0 $0
2016 $2,498 $227,200 $0 $0
2015 $2,498 $218,133 $0 $0
2014 $2,498 $209,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2018656

Bright MLS

APN: 28-581777