$130,000
SOLD SEP 25, 2012

5740 Korrell Ln Frederick, MD 21702

3 Beds
3 Baths
1,379 Sq Ft
0.77 Acres

Recently Sold

$94 Per Sq Ft

13% Below List Price

17 Days on Market

Highlights

  • View of Trees or Woods
  • 0.77 Acre Lot
  • Private Lot
  • Yellow Springs Elementary School Rated A-
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of November 2021

THREE TAX ID # FOR A TOTAL LOT SIZE APPROXIMATELY 4.21 ACRES TOTAL. TAX ID #11-21-414247 (.77 Acre W/Detached Rancher W/ Approximately 1379 SQ/FT), TAX ID #11-21-414271 (1.25 Acre) & 3rd Parcel TAX ID #11-21-414263 (2.19 Acres). Option To Build 2nd Home On Unimproved 2.19 Acres Subject To County Approval For Well & Septic.Wooded Privacy W/Towering Shade Trees & Enjoy Nature At It's Best !!

Last Agent to Sell the Property

J.B. Powell

Real Estate Teams, LLC License #35102 Listed on: 08/01/2012

Real Estate Teams, LLC

Last Buyer's Agent

Gaye Eckenrode

Allison James Estates & Homes

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1954

Lot Details

  • 0.77 Acre Lot
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in below average condition

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Shelving

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Septic Tank

Community Details

  • No Home Owners Association
  • Yellow Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1121414247

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1954
  • Remarks Public: THREE TAX ID # FOR A TOTAL LOT SIZE APPROXIMATELY 4.21 ACRES TOTAL. TAX ID #11-21-414247 (.77 Acre W/Detached Rancher W/ Approximately 1379 SQ/FT), TAX ID #11-21-414271 (1.25 Acre) & 3rd Parcel TAX ID #11-21-414263 (2.19 Acres). Option To Build 2nd Home On Unimproved 2.19 Acres Subject To County Approval For Well & Septic.Wooded Privacy W/Towering Shade Trees & Enjoy Nature At It's Best !!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Attic, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Wood Stove, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Improved, Shelving, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 5740

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick, Combination, Stone, Stucco, Wood Siding
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt
  • View: Garden/Lawn, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil, Wood
  • Heating Type: Baseboard, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 84700.00
  • Land Assessed Value: 82000.00
  • Lot Features: Backs To Trees, No Thru Street, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 0.77
  • Lot Size Area: 33750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33750.00
  • Property Condition: Below Average
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2670.70
  • Assessor Parcel Number: 1121414247
  • Tax Page Number: 600
  • Tax Total Finished Sq Ft: 1379
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/25/2012

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
$434,917

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
3.19%
Original Mortgage
$361,950
Outstanding Balance
$334,669
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$94,539

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
Source: Public Records

Range of Values:

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Average Value
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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 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

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 $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

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Map

Source: Bright MLS

MLS Number: 1004099640

Bright MLS

APN: 21-414247