5621 Spectrum Dr Frederick, MD 21703
Estimated Value: $5,618,756
--
Bed
--
Bath
13,207
Sq Ft
$425/Sq Ft
Est. Value
About This Home
This home is located at 5621 Spectrum Dr, Frederick, MD 21703 and is currently estimated at $5,618,756, approximately $425 per square foot. 5621 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
Jul 21, 2022
Sold by
Morral Realty Of Maryland Llc
Bought by
Valley Corral Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,867,030
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$1,665,365
Purchase Details
Closed on
Apr 12, 1995
Sold by
Crown American Fin Ptnrshp
Bought by
Morral Realty Of Md Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.49%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Valley Corral Llc | $5,000,000 | None Listed On Document | |
| Morral Realty Of Md Llc | $788,523 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Valley Corral Llc | $4,000,000 | |
| Closed | Valley Corral Llc | $4,000,000 | |
| Previous Owner | Morral Realty Of Maryland Llc | $2,000,000 | |
| Previous Owner | Morral Realty Of Maryland Llc | $2,400,000 | |
| Previous Owner | Morral Realty Of Md Llc | $660,000 |
Source: Public Records
Tax History Compared to Growth
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 | $44,151 | $3,826,033 | -- | -- |
| 2024 | $44,151 | $3,431,100 | $1,154,300 | $2,276,800 |
| 2023 | $39,499 | $3,176,800 | $0 | $0 |
| 2022 | $36,546 | $2,922,500 | $0 | $0 |
| 2021 | $35,727 | $2,668,200 | $1,154,300 | $1,513,900 |
| 2020 | $37,861 | $3,035,767 | $0 | $0 |
| 2019 | $37,384 | $2,994,633 | $0 | $0 |
| 2018 | $34,615 | $2,953,500 | $1,154,300 | $1,799,200 |
| 2017 | $36,653 | $2,953,500 | $0 | $0 |
| 2016 | $34,713 | $2,963,767 | $0 | $0 |
| 2015 | $34,713 | $2,886,000 | $0 | $0 |
| 2014 | $34,713 | $2,853,067 | $0 | $0 |
Source: Public Records
Map
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