NOT LISTED FOR SALE

5519 S Renn Rd Frederick, MD 21703

Estimated Value: $1,508,279

126.18 Acres
$11,953 Price per Acre
5,496,401 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $1,020,000 $179 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,169/month

271 Days on Market

Highlights

  • Golf Course View
  • No HOA
  • Heating Available
  • 126.18 Acre Lot

About This Lot

As of June 2020

One of two parcels of record making up Frederick Golf Club. Zoned Agriculture with a special exception for a commercial golf course. Beautiful rolling land with a mix of open land and mature trees. Zoning allows for a myriad of uses including, but not limited to nursery, winery, brewery, church, bed and breakfast, country inn, single family homes, landscaper yard, animal hospital/ vet clinic, kennel, shooting range, campground, daycare, group home, private school, school bus parking etc. Irrigation and commercial septic in place. Potential for preservation - designated a County priority preservation area. Frontage on US 340/US 15 with high visibility and traffic count. Close proximity to Downtown Frederick & access to I 70 & I 270. Also being offered for sale with adjoining 47 acre parcel, 4943 Elmer Derr Road, for $1,524,900. Owner Financing Available.

Last Agent to Sell the Property

Christina Poss

(301) 698-3232 tina@theverdantcompanies.com Verdant Realty Group LLC License #0225260610 Listed on: 07/31/2019

Last Buyer's Agent

Christina Poss

(301) 698-3232 tina@theverdantcompanies.com Verdant Realty Group LLC License #0225260610 Listed on: 07/31/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,341

Lot Details

  • 126.18 Acre Lot

Property Views

  • Golf Course
  • Pasture
  • Mountain

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1123441845

Property Details

Property Type

Land

Est. Annual Taxes

$24,341

Lot Details

126.18 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Golf Course
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.18

Exterior Features

  • Construction Completed: No
  • View: Golf Course, Mountain, Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 1161600.00
  • Lot Size Acres: 126.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5496401.00
  • Zoning: C
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11542393
  • Tax Annual Amount: 24341.00
  • Assessor Parcel Number: 1123441845
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Lion Hart Llc
Bought by
Horman George T
Current Estimated Value
$1,508,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$921,581
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$586,698

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jun 26, 2020
Sold by
Milligan Michael R and Milligan Thomas S
Bought by
Lion Hart Llc
Seller's Agent
Christina Poss
Verdant Realty Group LLC
Buyer's Agent
Christina Poss
Verdant Realty Group LLC
List Price
$1,500,000
Sold Price
$1,020,000
Premium/Discount to List
-$480,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$834,250
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Milligan Robert C
Bought by
Milligan Michael R and Milligan Thomas S

Purchase Details

Closed on
Feb 17, 2006
Sold by
Milligan Robert C
Bought by
Milligan Michael R and Milligan Thomas S

Purchase Details

Closed on
Mar 1, 1993
Sold by
Milligan, Robert C Trustee
Bought by
Milligan Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.53%

Purchase Details

Closed on
May 3, 1990
Sold by
Omenitsch Brothers, Inc.
Bought by
Milligan, Robert C Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Horman George T $1,300,000 None Listed On Document
Lion Hart Llc $1,020,000 Clear Title Llc
Milligan Michael R -- --
Milligan Michael R -- --
Milligan Robert C $405,000 --
Milligan, Robert C Trustee $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horman George T $1,000,000
Previous Owner Lion Hart Llc $834,250
Previous Owner Milligan Robert C $125,000
Previous Owner Milligan, Robert C Trustee $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $1,020,000 +2.0% $179 / Sq Ft
03/23/2020 03/23/20 Price Changed $999,900 -9.1% $176 / Sq Ft
02/21/2020 02/21/20 Price Changed $1,100,000 -21.4% $193 / Sq Ft
09/20/2019 09/20/19 Price Changed $1,400,000 -6.7% $246 / Sq Ft
07/31/2019 07/31/19 For Sale $1,500,000 -- $264 / 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 $2,824 $258,500 $197,500 $61,000
2024 $2,824 $258,500 $197,500 $61,000
2023 $3,078 $269,000 $152,500 $116,500
2022 $3,050 $266,900 $0 $0
2021 $3,026 $264,800 $0 $0
2020 $26,907 $2,274,800 $1,113,200 $1,161,600
2019 $24,308 $2,071,833 $0 $0
2018 $21,903 $1,868,867 $0 $0
2017 $19,594 $1,665,900 $0 $0
2016 $21,745 $1,665,900 $0 $0
2015 $21,745 $1,666,000 $0 $0
2014 $21,745 $1,795,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Poss

    Seller's Agent in 2020

    Christina Poss

    Verdant Realty Group LLC

    (301) 514-4233

    95 Total Sales

    Christina Poss
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Map

Source: Bright MLS

MLS Number: MDFR250904

Bright MLS

APN: 23-441845

Maryland Frederick County Frederick 21703

5519 S Renn Rd, Frederick, MD

Not Listed for Sale

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