NOT LISTED FOR SALE

5617 Spectrum Dr Frederick, MD 21703

Estimated Value: $8,043,846

-- Bed
-- Bath
4,248 Sq Ft
$1,894/Sq Ft Est. Value

About This Home

This home is located at 5617 Spectrum Dr, Frederick, MD 21703 and is currently estimated at $8,043,846, approximately $1,893 per square foot. 5617 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
Sep 24, 2021
Sold by
Vmd Frederick Llc
Bought by
Aw 2111 Hampton Llc
Current Estimated Value
$8,043,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,217,395
Outstanding Balance
$1,948,936
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$5,971,274

Purchase Details

Closed on
Jan 31, 2018
Sold by
Lithi Ltd
Bought by
Vmd Frederick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2018
Sold by
Frederick Realty Llc
Bought by
Vmd Frederick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bouzian'S Inc
Bought by
Frederick Realty Llc

Purchase Details

Closed on
Oct 4, 2001
Sold by
Golden Mile Llc
Bought by
Cts Capital Corp

Purchase Details

Closed on
Jun 18, 1999
Sold by
Eagle Diner Inc
Bought by
Golden Mile Llc

Purchase Details

Closed on
Aug 21, 1997
Sold by
Crown American Financing Part
Bought by
Eagle Diner Inc
Source: Public Records

Range of Values:

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

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Quantarium

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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
Aw 2111 Hampton Llc $6,650,000 First American Title Ins Co
Vmd Frederick Llc -- First American Title Ins Co
Vmd Frederick Llc $1,118,000 First American Title Ins Co
Frederick Realty Llc $700,000 --
Bouzian'S Inc $1,650,000 --
Cts Capital Corp -- --
Golden Mile Llc $3,180,000 --
Eagle Diner Inc $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aw 2111 Hampton Llc $3,217,395
Previous Owner Vmd Frederick Llc $4,400,000
Previous Owner Frederick Realty Llc $1,400,000
Source: Public Records

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 $71,721 $5,902,300 $718,100 $5,184,200
2024 $71,721 $5,902,300 $598,400 $5,303,900
2023 $50,198 $4,300,667 $0 $0
2022 $31,597 $2,699,033 $0 $0
2021 $25,681 $1,097,400 $598,400 $499,000
2020 $12,686 $1,070,767 $0 $0
2019 $6,950 $598,400 $598,400 $0
2018 $8,383 $715,300 $598,400 $116,900
2017 $21,687 $1,816,100 $0 $0
2016 $22,270 $1,771,233 $0 $0
2015 $22,270 $1,748,800 $0 $0
2014 $22,270 $1,748,800 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21703

5617 Spectrum Dr, Frederick, MD

This home is located at 5617 Spectrum Dr, Frederick, MD 21703 and is currently estimated at $8,043,846, approximately $1,893 per square foot. 5617 Spectrum Dr is a home located in Frederick County with nearby schools including Tuscarora Elementary School, Crestwood Middle, and Tuscarora High School.

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