NOT LISTED FOR SALE

5720 Korrell Ln Frederick, MD 21702

Estimated Value: $586,351 - $612,000

3 Beds
2 Baths
2,462 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $366,000 $149 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,547/month

4 Days on Market

Highlights

  • Scenic Views
  • 0.94 Acre Lot
  • Deck
  • Yellow Springs Elementary School Rated A-
  • Open Floorplan
  • Wood Burning Stove

About This Home

As of June 2017

*Multiple offers* Please submit offer by 4:00 on 5/7. This lovely home is a blend of the original 1927 historic home and a log home making it a one of a kind property. The owners have taken EXCELLENT care of this 3 bed, 2 bath home and it shows! All on close to an acre of manicured land with cool outbuildings surrounded by nature. Only minutes from Frederick yet it feels like a private retreat.

Last Agent to Sell the Property

Sue Collins

(301) 471-5873 sue@collinsteamfrederick.com RE/MAX Results License #34883 Listed on: 05/03/2017

RE/MAX Results

Last Buyer's Agent

John Campbell

(240) 674-8094 john@johncampbellhomes.com RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1927

Lot Details

  • 0.94 Acre Lot
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Log Cabin
  • Metal Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Window Treatments
  • Window Screens
  • Great Room
  • Dining Room
  • Wood Flooring
  • Scenic Vista Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry

Outdoor Features

  • Deck

Schools

  • Yellow Springs Elementary School
  • Monocacy Middle School
  • Governor Thomas Johnson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1121418064

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Country, Dining Area, Entry Level Bedroom, Window Treatments, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Window Features: Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Outside Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2462
  • Living Area Sq Ft: 2462
  • Price Per Sq Ft: 178.34
  • Above Grade Finished Sq Ft: 1962
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log, Stone
  • Pool Private: No
  • Roof: Metal
  • View: Scenic Vista
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Oil, Wood
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: YELLOW SPRINGS
  • High School: GOVERNOR THOMAS JOHNSON
  • Middle Or Junior School: MONOCACY

Lot Info

  • Improvement Assessed Value: 208700.00
  • Land Assessed Value: 88500.00
  • Lot Features: Backs To Trees, Private
  • Lot Size Acres: 0.94
  • Lot Size Area: 41160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41160.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3446.00
  • Assessor Parcel Number: 1121418064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 9, 2017
Sold by
West Harry A and West Jolene M
Bought by
Murphy Michael Scott and Robinette Brittney R
Seller's Agent
Sue Collins
RE/MAX Results
Buyer's Agent
John Campbell
RE/MAX Results
List Price
$349,900
Sold Price
$366,000
Premium/Discount to List
$16,100
4.6%
Current Estimated Value
$599,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,338
Avg. Annual Appreciation
5.98%
Original Mortgage
$347,700
Outstanding Balance
$289,293
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$310,045

Purchase Details

Closed on
May 26, 2011
Sold by
Lease Donnie H and Lease Diane
Bought by
West Harry A and West Jolene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Lease Donnie H and Lease Diane
Bought by
West Harry A and West Jolene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Geisbert Ricky D
Bought by
Lease Donnie H and Lease Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2000
Sold by
Geisbert Ricky D
Bought by
Geisbert Ricky D

Purchase Details

Closed on
Dec 2, 1999
Sold by
Korrell Fleet E Jennifer
Bought by
Geisbert Ricky D
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
Murphy Michael Scott $366,000 None Available
West Harry A $300,000 --
West Harry A $300,000 --
West Harry A $300,000 United Title Service Llc
Lease Donnie H $380,000 --
Geisbert Ricky D -- --
Geisbert Ricky D $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael Scott $347,700
Previous Owner West Harry A $240,000
Previous Owner Lease Donnie H $269,000
Closed Geisbert Ricky D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $366,000 +4.6% $149 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $349,900 0.0% $142 / Sq Ft
03/01/2014 03/01/14 Rented $1,875 0.0% --
03/01/2014 03/01/14 Under Contract -- -- --
12/08/2013 12/08/13 For Rent $1,875 0.0% --
04/10/2013 04/10/13 Rented $1,875 0.0% --
04/10/2013 04/10/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $1,875 -- --
Source: Bright MLS

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 $4,687 $440,733 -- --
2024 $4,687 $398,067 $0 $0
2023 $4,276 $355,400 $88,500 $266,900
2022 $4,212 $349,900 $0 $0
2021 $4,084 $344,400 $0 $0
2020 $4,084 $338,900 $88,500 $250,400
2019 $3,922 $325,000 $0 $0
2018 $3,794 $311,100 $0 $0
2017 $3,581 $297,200 $0 $0
2016 $3,411 $281,367 $0 $0
2015 $3,411 $265,533 $0 $0
2014 $3,411 $249,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003164431

Bright MLS

APN: 21-418064