NOT LISTED FOR SALE

5605 Spectrum Dr Frederick, MD 21703

Estimated Value: $2,813,860

Studio
-- Bath
5,509 Sq Ft
$511/Sq Ft Est. Value

About This Home

This home is located at 5605 Spectrum Dr, Frederick, MD 21703 and is currently estimated at $2,813,860, approximately $510 per square foot. 5605 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
Nov 21, 2007
Sold by
Lone Star Steakhouse & Saloon
Bought by
Farruggio Properties Ii Llc
Current Estimated Value
$2,813,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$508,773
Interest Rate
6.48%
Mortgage Type
Commercial
Estimated Equity
$2,305,087

Purchase Details

Closed on
Nov 13, 2007
Sold by
Lone Star Steakhouse & Saloon
Bought by
Farruggio Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$508,773
Interest Rate
6.48%
Mortgage Type
Commercial
Estimated Equity
$2,305,087

Purchase Details

Closed on
Dec 27, 1996
Sold by
Crown American Financing Part
Bought by
Lone Star Steakhouse & Saloon
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
Farruggio Properties Ii Llc $2,000,000 --
Farruggio Properties Ii Llc $2,000,000 --
Lone Star Steakhouse & Saloon $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farruggio Properties Ii Llc $800,000
Closed Farruggio Properties Ii Llc $800,000
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 $26,918 $2,132,267 -- --
2024 $26,918 $2,130,800 $945,600 $1,185,200
2023 $25,056 $2,061,333 $0 $0
2022 $24,250 $1,991,867 $0 $0
2021 $23,186 $1,922,400 $945,600 $976,800
2020 $23,186 $1,900,300 $0 $0
2019 $22,929 $1,878,200 $0 $0
2018 $22,870 $1,856,100 $945,600 $910,500
2017 $21,909 $1,856,100 $0 $0
2016 $18,550 $1,724,567 $0 $0
2015 $18,550 $1,658,800 $0 $0
2014 $18,550 $1,503,467 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21703

5605 Spectrum Dr, Frederick, MD

Not Listed for Sale

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