5740 Korrell Ln Frederick, MD 21702
3
Beds
2.5
Baths
1,520
Sq Ft
4.21
Acres
Highlights
- View of Trees or Woods
- 4.21 Acre Lot
- Wooded Lot
- Yellow Springs Elementary School Rated A-
- Private Lot
- Traditional Floor Plan
About This Home
As of November 2021Three lots combine for over 4 acres in this charming and renovated rancher with the wooded privacy you have been seeking. Get lost in nature and away from the hustle. This is home. This large ranch has been thoroughly renovated to meet today's standards. As you approach, you are struck by the private feel of Korrell Ln. Down the road, you encounter this lovely ranch, with long driveway & garage, home framed in trees and completely move in ready home. Enter to a lovely mud room or sitting room which leads nicely to your renovated kitchen. The kitchen has new cabinets, new counters, stainless appliances and luxury vinyl flooring. The kitchen flows nicely to a large family room. The main level has refinished hardwood floors and the family family is flanked by exposed brick and electric fireplace. The family room leads nicely to a formal dining room with gorgeous picture window. The main level also features three bedrooms. The primary bedroom is very spacious and adjacent to half bath and full bath. Two additional bedrooms on the main one of which would be a great home office. The lower level is improved with a full bath, potential rec room and walk out to rear yard. Other features include a lovely gazebo and potential koy pond. Welcome home!
Last Agent to Sell the Property
Keller Williams Realty Centre License #SP200201373 Listed on: 10/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,435
Year Built
- Built in 1954 | Remodeled in 2021
Lot Details
- 4.21 Acre Lot
- No Through Street
- Private Lot
- Secluded Lot
- Wooded Lot
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned 010 RESIDENTIAL
Parking
- 1 Car Detached Garage
- Front Facing Garage
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,520 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- 2 Fireplaces
- Wood Burning Fireplace
- Electric Fireplace
- Family Room Off Kitchen
- Combination Kitchen and Living
- Dining Room
- Views of Woods
- Attic
Kitchen
- Breakfast Area or Nook
- Stove
- Microwave
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Improved Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Rear Basement Entry
- Shelving
Outdoor Features
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Well
- Electric Water Heater
- Septic Equal To The Number Of Bedrooms
Community Details
- No Home Owners Association
- Yellow Springs Subdivision
Listing and Financial Details
- Assessor Parcel Number 1121414247
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2021
Closed on
Nov 5, 2021
Sold by
Ma Wenbin and Yang Mingze
Bought by
Gladhill Karen Denise and Gladhill Joshua Allen
Seller's Agent
Andrew Hopley
Keller Williams Realty Centre
Buyer's Agent
Carmella Smith
Samson Properties
List Price
$350,000
Sold Price
$381,000
Premium/Discount to List
$31,000
8.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,917
Avg. Annual Appreciation
3.06%
Original Mortgage
$361,950
Outstanding Balance
$334,669
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$92,108
Purchase Details
Listed on
Aug 1, 2012
Closed on
Sep 25, 2012
Sold by
Martz Walter C
Bought by
Yang Mingze and Ma Wenbin
Seller's Agent
J.B. Powell
Real Estate Teams, LLC
Buyer's Agent
Gaye Eckenrode
Allison James Estates & Homes
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$97,500
Interest Rate
3.59%
Mortgage Type
New Conventional
Similar Homes in Frederick, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $381,000 | Assurance Title Llc | |
| Deed | $130,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $361,950 | New Conventional | |
| Previous Owner | $97,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $381,000 | +8.9% | $251 / Sq Ft |
| 10/10/2021 10/10/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | For Sale | $350,000 | +169.2% | $230 / Sq Ft |
| 09/25/2012 09/25/12 | Sold | $130,000 | -12.8% | $94 / Sq Ft |
| 08/18/2012 08/18/12 | Pending | -- | -- | -- |
| 08/01/2012 08/01/12 | For Sale | $149,000 | -- | $108 / Sq Ft |
Source: Bright MLS
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 | $3,237 | $303,300 | -- | -- |
| 2024 | $3,237 | $255,100 | $0 | $0 |
| 2023 | $2,551 | $206,900 | $84,500 | $122,400 |
| 2022 | $2,506 | $203,000 | $0 | $0 |
| 2021 | $2,460 | $199,100 | $0 | $0 |
| 2020 | $2,436 | $195,200 | $84,500 | $110,700 |
| 2019 | $2,380 | $192,167 | $0 | $0 |
| 2018 | $2,217 | $189,133 | $0 | $0 |
| 2017 | $2,234 | $186,100 | $0 | $0 |
| 2016 | $2,356 | $179,633 | $0 | $0 |
| 2015 | $2,356 | $173,167 | $0 | $0 |
| 2014 | $2,356 | $166,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Andrew Hopley
Keller Williams Realty Centre
(301) 275-2352
16 in this area
497 Total Sales
-
Buyer's Agent in 2021
Carmella Smith
Samson Properties
(301) 675-3098
1 in this area
47 Total Sales
-
Seller's Agent in 2012
J.B. Powell
Real Estate Teams, LLC
(301) 644-2681
4 in this area
65 Total Sales
-
Buyer's Agent in 2012
Gaye Eckenrode
Allison James Estates & Homes
(240) 674-4149
25 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2006526
APN: 21-414247
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