NOT LISTED FOR SALE

5746 Korrell Ln Frederick, MD 21702

Estimated Value: $819,000 - $945,000

4 Beds
2.5 Baths
3,131 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $840,000 $268 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,208/month

20 Days on Market

Highlights

  • 2 Acre Lot
  • Deck
  • No HOA
  • Yellow Springs Elementary School Rated A-
  • Contemporary Architecture
  • Circular Driveway

About This Home

As of July 2023

CUSTOM BUILT DREAM HOME on 2 PRIVATE ACRES!! GORGEOUS chef's kitchen features custom crafted cabinetry, granite countertops, tile backsplash, under cabinet lighting, copper farmhouse sink, pot filler, Viking Professional appliances + center island & breakfast bar. Great room off kitchen is framed by a showstopping stone archway and features beamed, vaulted ceilings, skylights & wrap around windows to soak the entire room in light and views!! Dining room & living room off opposite end of kitchen focus on a cozy gas fireplace with custom wood mantel. Bedroom & 1/2 bathroom round out the main level. Upstairs find the owners retreat complete with large walk in closet & a luxury bathroom that you will LOVE-dual sink vanity, HUGE tiled shower with waterfall showerhead, beautiful freestanding tub with skylight above + a 3rd seated vanity area. Striking 3/4" hickory hardwood floors throughout first & second levels (minus bathrooms). Lower level is fully finished with spacious family room with built ins, full bathroom, 2 additional bedrooms-1 with walk out to rear patio + laundry/utility area. Oversize, 672 sq ft garage addition in 2021 with an exterior walkup to a 448 sq ft bonus room that offers endless possibilities-guest house, studio, home office, gym, etc!! Still need more space?! How about 1052 sq ft of open, wrap around, premium Trex decking? A 12x14 pergola dining area, 496 ft of covered porches or a 320 sq ft covered patio-WOW!! You have all the outdoor space you have been looking for to kick back, relax and enjoy the peace & privacy that this 2 acre lot offers!! There's even a mature peach tree that produces bushels of amazing peaches. TONS of parking in the freshly paved circular driveway + addtl areas that will fit trailers, campers, etc. Tucked away at the end of a private lane there is NO HOA & NO city taxes!! Just appraised at $842,000!

Last Agent to Sell the Property

Kari Shank

(240) 291-2059 kari.shank@realtor.com Samson Properties License #573655 Listed on: 06/01/2023

Samson Properties

Last Buyer's Agent

Kimberly Anselmo

(301) 606-2308 Kim@KimberlyJohnGroup.com Iron Valley Real Estate Crossroads

Iron Valley Real Estate Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1961 | Remodeled in 2017

Lot Details

  • 2 Acre Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,131 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Deck
  • Patio
  • Breezeway
  • Wrap Around Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1121423009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,831

Year Built

Built in 1961 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-01
  • Year Built: 1961
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Daylight, Full, Connecting Stairway, Outside Entrance, Walkout Level
  • Total Sq Ft: 3131
  • Living Area Sq Ft: 3131
  • Price Per Sq Ft: 255.48
  • Above Grade Finished Sq Ft: 3131
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: Circular Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Porch(es), Patio(s), Deck(s), Breezeway, Wrap Around, Roof
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2831.00
  • Assessor Parcel Number: 1121423009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Perpetual Builders Inc
Bought by
Sneed Paul Jonathon
Current Estimated Value
$866,803

Purchase Details

Closed on
May 31, 2017
Sold by
Sneed Paul Jonathon
Bought by
Perpetual Buliders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2015
Sold by
Household Finance Corporation Iii
Bought by
Sneed Paul Jonathan

Purchase Details

Closed on
Jan 14, 2015
Sold by
Marcus Amy Charlotte and Marcus Daniel Monte
Bought by
Household Finance Corp Iii
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sneed Paul Jonathon -- Accommodation
Perpetual Buliders Inc -- None Available
Sneed Paul Jonathan $105,844 Attorney
Household Finance Corp Iii $151,264 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perpetual Buliders Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2023 07/03/23 Sold $840,000 +5.0% $268 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $799,900 0.0% $255 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $799,900 +655.7% $255 / Sq Ft
06/30/2015 06/30/15 Sold $105,844 -4.6% $78 / Sq Ft View Prior Sale
06/18/2015 06/18/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $111,000 -- $81 / 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 $8,156 $746,167 -- --
2024 $8,156 $661,333 $0 $0
2023 $3,032 $576,500 $97,500 $479,000
2022 $2,954 $241,567 $0 $0
2021 $2,901 $237,033 $0 $0
2020 $2,848 $232,500 $97,500 $135,000
2019 $2,814 $229,567 $0 $0
2018 $2,656 $226,633 $0 $0
2017 $2,639 $223,700 $0 $0
2016 $2,825 $214,500 $0 $0
2015 $2,825 $205,300 $0 $0
2014 $2,825 $196,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kari Shank

    Seller's Agent in 2023

    Kari Shank

    Samson Properties

    (240) 291-2059

    3 in this area

    319 Total Sales

    Kari Shank
    Section Image
  • Kimberly Anselmo

    Buyer's Agent in 2023

    Kimberly Anselmo

    Iron Valley Real Estate Crossroads

    (301) 606-2308

    1 in this area

    53 Total Sales

    Kimberly Anselmo
    Section Image

  • S

    Seller's Agent in 2015

    Sherry Price

    RealHome Services and Solutions, Inc.

    (770) 612-7322

    736 Total Sales

    Sherry Price
    Section Image
  • Jennifer Grove

    Buyer's Agent in 2015

    Jennifer Grove

    Bach Real Estate

    (301) 788-1887

    6 in this area

    127 Total Sales

    Jennifer Grove
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR2035182

Bright MLS

APN: 21-423009

Maryland Frederick County Frederick 21702

5746 Korrell Ln, Frederick, MD

Not Listed for Sale

Detached

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