NOT LISTED FOR SALE

551 G Heather Ridge Dr Unit 10G Frederick, MD 21702

Villa Estates Neighborhood

Estimated Value: $176,112 - $198,000

2 Beds
2 Baths
-- Sq Ft
$211/mo HOA Fee

Last Sold August 31, 2022

Last sale price $155,000

Est. 21% increase in value since last sale

Current estimated payment $1,383/month

Highlights

  • Contemporary Architecture
  • Dogs and Cats Allowed
  • Heat Pump System
  • Community Playground

About This Home

As of August 2022

Great investment opportunity for this 2 bedroom/2 bath condo in Ambertowne! Close to major commuter routes, shopping and restaurants.

Last Agent to Sell the Property

Douglas Gardiner

(301) 404-6494 douglas.gardiner@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 07/19/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1983

HOA Fees

  • $211 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10G
  • Assessor Parcel Number 1102125897

Community Details

Overview

  • Association fees include common area maintenance, sewer, trash, water
  • Low-Rise Condominium
  • Ambertowne Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 1983

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity for this 2 bedroom/2 bath condo in Ambertowne! Close to major commuter routes, shopping and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 551

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 211.23
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Sewer, Trash, Water
  • 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: U
  • Year Assessed: 2022
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11507867
  • Tax Annual Amount: 1488.00
  • Assessor Parcel Number: 1102125897
  • Tax Lot: 10G
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/31/2022

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 30, 2022
Sold by
Braddock Properties Llc
Bought by
Newby Robert
Seller's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$187,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,778
Avg. Annual Appreciation
6.28%
Original Mortgage
$116,250
Outstanding Balance
$111,316
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$76,462

Purchase Details

Closed on
Aug 29, 2012
Sold by
Pelino Erine A and Pelino Cheryl H
Bought by
Braddock Properties Llc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Emanon Investments Llc
Bought by
Pelino Ernie A and Pelino Cheryl H

Purchase Details

Closed on
Jan 31, 1996
Sold by
Secretary Of H U D
Bought by
Ridgway Frederick K and Ridgway Frederick
Source: Public Records

Range of Values:

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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
Newby Robert $155,000 Excalibur Title
Braddock Properties Llc -- None Available
Pelino Ernie A $69,000 --
Ridgway Frederick K $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newby Robert $116,250
Closed Ridgway Frederick K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $155,000 0.0% --
07/21/2022 07/21/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $155,000 -- --
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: MDFR2022396

Bright MLS

APN: 02-125897