NOT LISTED FOR SALE

5516 Roy Ct New Market, MD 21774

Estimated Value: $487,000 - $540,000

4 Beds
2.5 Baths
1,787 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $369,000 $206 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,074/month

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Heat Pump System
  • New Market Elementary School Rated A-

About This Home

As of July 2020

Beautiful 4 BR 2.5 bath detached home in New Market West. Private setting on Cul-de-sac with fenced yard and patio. Hardwood floors, ceramic tile, kitchen island, large master suite and SS appliances. Numerous community amenities and convenient location to downtown New Market.

Last Agent to Sell the Property

Doug Chapin

(301) 788-4039 doug@realestateinfrederick.com Chapin & Associates License #35085 Listed on: 06/03/2020

Chapin & Associates

Last Buyer's Agent

Kelly Losquadro

(301) 712-4930 kelly@yourtriphome.com Long & Foster Real Estate, Inc. License #644040

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1993

Lot Details

  • 6,624 Sq Ft Lot
  • Property is zoned PUD

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,787 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heat Pump System

Community Details

  • New Market West Community
  • New Market West Subdivision

Listing and Financial Details

  • Tax Lot 508
  • Assessor Parcel Number 1109285962

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,524

Year Built

Built in 1993

Lot Details

0

HOA Fees

$42 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-03
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1787
  • Living Area Sq Ft: 1787
  • Price Per Sq Ft: 205.93
  • Above Grade Finished Sq Ft: 1787
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • 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

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 42.00
  • 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: 216300.00
  • Land Assessed Value: 97000.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6624.00
  • Zoning: PUD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11531295
  • Tax Annual Amount: 3524.00
  • Assessor Parcel Number: 1109285962
  • Tax Lot: 508
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 24, 2020
Sold by
Manning Scott
Bought by
Kress Timothy K
Seller's Agent
Doug Chapin
Chapin & Associates
Buyer's Agent
Kelly Losquadro
Long & Foster Real Estate, Inc.
List Price
$368,000
Sold Price
$369,000
Premium/Discount to List
$1,000
0.27%
Current Estimated Value
$504,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,441
Avg. Annual Appreciation
6.11%
Original Mortgage
$350,550
Outstanding Balance
$310,845
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$193,596

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 6, 2016
Sold by
Jenkins Bradley A and Jenkins Sarah J
Bought by
Manning Scott
Seller's Agent
Tricia Matala
Northrop Realty
Buyer's Agent
Doug Chapin
Chapin & Associates
List Price
$324,900
Sold Price
$323,757
Premium/Discount to List
-$1,143
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$291,380
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
Sold by
Bryan James E and Bryan Kimberly A
Bought by
Amass Sarah J and Jenkins Bradley A

Purchase Details

Closed on
Jan 21, 1994
Sold by
Frall Dev Inc
Bought by
Bryan James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
7.08%
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 Buyer Sale Price Title Company
Kress Timothy K $369,000 Commonwealth Land Ttl Ins Co
Manning Scott $323,757 Frederick Title Group
Amass Sarah J $250,000 --
Bryan James E $151,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kress Timothy K $350,550
Previous Owner Manning Scott $291,380
Previous Owner Bryan James E $150,300
Closed Amass Sarah J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $369,000 +0.3% $206 / Sq Ft
06/18/2020 06/18/20 Price Changed $368,000 0.0% $206 / Sq Ft
06/18/2020 06/18/20 For Sale $368,000 +0.8% $206 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $365,000 +12.7% $204 / Sq Ft
07/06/2016 07/06/16 Sold $323,757 -0.4% $181 / Sq Ft View Prior Sale
05/18/2016 05/18/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $324,900 0.0% $182 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $324,900 -- $182 / 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 $4,480 $397,900 -- --
2024 $4,480 $362,900 $129,100 $233,800
2023 $4,101 $346,367 $0 $0
2022 $3,910 $329,833 $0 $0
2021 $3,668 $313,300 $97,000 $216,300
2020 $3,610 $303,267 $0 $0
2019 $3,494 $293,233 $0 $0
2018 $3,319 $283,200 $80,800 $202,400
2017 $3,101 $283,200 $0 $0
2016 $3,099 $259,400 $0 $0
2015 $3,099 $247,500 $0 $0
2014 $3,099 $247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR264768

Bright MLS

APN: 09-285962