NOT LISTED FOR SALE

5724 Korrell Ln Frederick, MD 21702

Estimated Value: $668,000 - $745,000

4 Beds
3.5 Baths
2,813 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $580,000 $206 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,066/month

4 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Colonial Architecture
  • Yellow Springs Elementary School Rated A-
  • 1 Acre Lot
  • Wood Burning Stove

About This Home

As of June 2021

STOP! This charming front original portion of the home has recently been completely renovated. You will be surprised too because attached is a great addition. Friends and family call it “The Resort” due to the extra amenities. Nestled on one flat acre overlooking the city in a small, lovely neighborhood with no covenants makes it heavenly. You will be surprised when you enter the open floor plan with living room and nooked bar area into the well thought out kitchen. Conveniently located off the kitchen is a huge laundry/pantry with clothing chute. Every room has a view that spreads sunlight throughout. Large dining room with cathedral ceiling, skylights and French doors to the patio. Adjacent is the expansive two person office. TIKI Bar, pool and 1,000 sq ft enclosed deck will be your vacation at home making fun memories before you retire to the owners suite with a huge bathroom, custom glass enclosed oversized shower and jacuzzi tub. Then disappear to your private balcony to watch the stars. RARE! Massive in height and depth, a three bay garage/workshop in addition to another smaller garage and more parking area than you could ever imagine. A lot of thought and design has gone into this luxurious house to make it extremely low maintenance and everything at your fingertips, relaxing and enjoyable and so much storage area. So come see it now and make all your dreams come true. Pool deck and tiki bar are in the process of being opened for the season with fresh paint, tiki thatching, etc.

Last Agent to Sell the Property

Gloria Castle

(301) 748-0661 castleteam@castleth.com Real Estate Teams, LLC License #AB065381 Listed on: 04/26/2021

Real Estate Teams, LLC

Co-Listed By

Jan Reynolds

(301) 370-4960 jan@castleth.com Real Estate Teams, LLC License #RS287379

Last Buyer's Agent

Bonnie Gregorio

(301) 325-9017 Bonniegregorio68@gmail.com RE/MAX Professionals License #514341

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1939

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Back Yard
  • Property is in excellent condition

Parking

  • 3 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,813 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Combination Kitchen and Living
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer
  • Laundry Chute

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1121414999

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,183

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1939
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Gas, Washer, Water Heater, Water Conditioner - Owned, Refrigerator
  • Flooring Type: Hardwood, Carpet, Ceramic Tile, Laminated, Wood
  • Interior Amenities: Attic, Bar, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Formal/Separate Dining Room, Entry Level Bedroom, Kitchen - Gourmet, Laundry Chute, Primary Bath(s), Pantry, Soaking Tub, Skylight(s), Recessed Lighting, Tub Shower, Walk-In Closet(s), Wet/Dry Bar, Stove - Wood, Wood Floors, Upgraded Countertops, Combination Kitchen/Living, Water Treat System
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Office, Recreation Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Sump Pump, Full, Connecting Stairway
  • Laundry Type: Main Floor
  • Total Sq Ft: 2813
  • Living Area Sq Ft: 2813
  • Price Per Sq Ft: 206.19
  • Above Grade Finished Sq Ft: 2813
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed Shop
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Outbuilding(s)
  • Pool Features: In Ground
  • Roof: Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased, Wood
  • Heating Type: Heat Pump - Gas Backup, Forced Air, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 294500.00
  • Land Assessed Value: 90000.00
  • Lot Features: Rear Yard, Landscaping
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Balcony, Porch(es), Patio(s), Brick
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 11539957
  • Tax Annual Amount: 4183.00
  • Assessor Parcel Number: 1121414999
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 9, 2021
Sold by
Roberts Paul J and Roberts Diane P
Bought by
Gauzza Michael Joseph and Gauzza William Michael
Seller's Agent
Gloria Castle
Real Estate Teams, LLC
Buyer's Agent
Bonnie Gregorio
RE/MAX Professionals
List Price
$559,900
Sold Price
$580,000
Premium/Discount to List
$20,100
3.59%
Current Estimated Value
$698,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,291
Avg. Annual Appreciation
4.10%
Original Mortgage
$480,000
Outstanding Balance
$434,580
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$263,711

Purchase Details

Closed on
Sep 9, 1996
Sold by
Household Finance Corp Iii
Bought by
Roberts Paul J and Roberts Diane P

Purchase Details

Closed on
Apr 30, 1996
Sold by
Blazo Robert L and Blazo Margaret L
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Sep 19, 1986
Sold by
Hardman Frances C
Bought by
Blazo Robert L and Blazo Margaret L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gauzza Michael Joseph $580,000 Preferred Title & Escrow Inc
Roberts Paul J $119,000 --
Household Finance Corp Iii $91,000 --
Blazo Robert L $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gauzza Michael Joseph $480,000
Closed Roberts Paul J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $580,000 0.0% $206 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $580,000 +3.6% $206 / Sq Ft
04/26/2021 04/26/21 For Sale $559,900 -- $199 / Sq Ft
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 $5,409 $484,433 -- --
2024 $5,409 $434,467 $0 $0
2023 $4,614 $384,500 $90,000 $294,500
2022 $4,458 $371,100 $0 $0
2021 $4,225 $357,700 $0 $0
2020 $4,183 $344,300 $90,000 $254,300
2019 $4,102 $340,433 $0 $0
2018 $3,945 $336,567 $0 $0
2017 $3,914 $332,700 $0 $0
2016 $3,861 $324,300 $0 $0
2015 $3,861 $315,900 $0 $0
2014 $3,861 $307,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR280816

Bright MLS

APN: 21-414999