NOT LISTED FOR SALE

5583 Spectrum Dr Frederick, MD 21703

Estimated Value: $3,409,741

Studio
-- Bath
3,247 Sq Ft
$1,050/Sq Ft Est. Value

About This Home

This home is located at 5583 Spectrum Dr, Frederick, MD 21703 and is currently estimated at $3,409,741, approximately $1,050 per square foot. 5583 Spectrum Dr is a home located in Frederick County with nearby schools including Tuscarora Elementary School, Crestwood Middle, and Tuscarora High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Lojon Property Ii Llc
Bought by
Lj Remainder Ii Llc
Current Estimated Value
$3,409,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Outstanding Balance
$2,023,618
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,386,123

Purchase Details

Closed on
May 17, 2021
Sold by
Lj Remainder Ii Llc
Bought by
5583 Spectrum Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Outstanding Balance
$2,023,618
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,386,123

Purchase Details

Closed on
Apr 1, 2003
Sold by
Continental Motor Inns Of
Bought by
Kfc U S Properties Inc

Purchase Details

Closed on
Nov 30, 1988
Sold by
Crown America Corp.
Bought by
Continental Motor Inns Of
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lj Remainder Ii Llc -- First American Title Ins Co
5583 Spectrum Property Llc $2,800,000 First American Title Ins Co
Kfc U S Properties Inc -- --
Continental Motor Inns Of $356,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5583 Spectrum Property Llc $2,240,000
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 $33,144 $2,720,733 -- --
2024 $33,144 $2,675,700 $679,500 $1,996,200
2023 $26,519 $2,219,267 $0 $0
2022 $21,218 $1,762,833 $0 $0
2021 $14,996 $1,306,400 $679,500 $626,900
2020 $14,076 $1,147,900 $0 $0
2019 $13,541 $1,101,900 $0 $0
2018 $12,375 $1,055,900 $679,500 $376,400
2017 $12,309 $1,055,900 $0 $0
2016 $12,095 $995,767 $0 $0
2015 $12,095 $965,700 $0 $0
2014 $12,095 $965,700 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21703

5583 Spectrum Dr, Frederick, MD

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