NOT LISTED FOR SALE

5748 Cherrywood Ct New Market, MD 21774

Estimated Value: $617,000 - $663,000

4 Beds
2.5 Baths
2,394 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $452,000 $189 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,859/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Jogging Path
  • New Market Elementary School Rated A-
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of October 2020

INCREDIBLE OPPORTUNITY TO LIVE in ONE of NEW MARKET'S MOST SOUGHT AFTER COMMUNITIES - THE MEADOW AT NEW MARKET. SPACIOUS HOME WITH UPDATED KITCHEN, HVAC, WATER HEATER and MORE IN THE LAST FEW YEARS. THE BUMP-OUT BAY WINDOW AREA in KITCHEN ALLOWS PLENTY of NATURAL LIGHT INTO THE INTERIOR. UPPER LEVEL HAS a HUGE BONUS AREA. FINISHED LOWER LEVEL is THE PERFECT SETTING FOR ADDITIONAL ENTERTAINING. THE BACK COVERED PORCH is GREAT FOR RELAXING WITH FAMILY & FRIENDS. THE REAR YARD IS PRIVATE and PERFECT FOR GARDENING. THIS WONDERFUL HOME IS TUCKED AWAY at THE END of THE CUL DE SAC and GREAT FOR KIDS to PLAY or RIDE BIKES SAFELY and THE COMMUNITY - AWESOME! PLENTY OF AREAS TO WALK/JOG, BALL FIELDS for THE KIDS and JOIN in THE NEIGHBORHOOD ACTIVITIES. WILL NOT LAST!

Last Agent to Sell the Property

Mark A. Ritter

(443) 487-3073 mritter@markaritter.com Northrop Realty License #651283 Listed on: 09/16/2020

Northrop Realty

Last Buyer's Agent

Eileen Robbins

(443) 803-8988 eileen.robbins@longandfoster.com Long & Foster Real Estate, Inc. License #534973

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 2003

Lot Details

  • 6,331 Sq Ft Lot
  • Property is zoned R3

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,394 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 1109317627

Community Details

Overview

  • Association fees include common area maintenance
  • The Meadow Community Service Assoc HOA, Phone Number (301) 695-6676
  • The Meadow At New Market Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 2003

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2394
  • Living Area Sq Ft: 2394
  • Price Per Sq Ft: 187.55
  • Above Grade Finished Sq Ft: 2394
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fencing, Jog/Walk Path, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: THE MEADOW COMMUNITY SERVICE ASSOC
  • HOA Phone: 301-695-6676
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 290500.00
  • Land Assessed Value: 88600.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6331.00
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11574231
  • Tax Annual Amount: 4448.00
  • Assessor Parcel Number: 1109317627
  • Tax Lot: 92
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 27, 2020
Sold by
Weaver Thomas E and Weaver Cheryl L
Bought by
Hoffman Tara M and Holman Emmett C
Seller's Agent
Mark A. Ritter
Northrop Realty
Buyer's Agent
Eileen Robbins
Long & Foster Real Estate, Inc.
List Price
$449,000
Sold Price
$452,000
Premium/Discount to List
$3,000
0.67%
Current Estimated Value
$630,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,892
Avg. Annual Appreciation
6.88%
Original Mortgage
$429,400
Outstanding Balance
$382,791
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,101

Purchase Details

Closed on
Oct 9, 2003
Sold by
Seawright Corporation
Bought by
Weaver Thomas E and Weaver Cheryl L
Source: Public Records

Range of Values:

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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
Hoffman Tara M $452,000 True Title Inc
Weaver Thomas E $294,133 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Tara M $429,400
Closed Weaver Thomas E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $452,000 +0.7% $189 / Sq Ft
09/16/2020 09/16/20 For Sale $449,000 -- $188 / 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 $5,833 $503,033 -- --
2024 $5,833 $474,400 $119,000 $355,400
2023 $5,229 $442,633 $0 $0
2022 $4,860 $410,867 $0 $0
2021 $4,470 $379,100 $88,600 $290,500
2020 $4,450 $375,567 $0 $0
2019 $4,409 $372,033 $0 $0
2018 $4,319 $368,500 $75,900 $292,600
2017 $3,953 $368,500 $0 $0
2016 $4,120 $334,033 $0 $0
2015 $4,120 $316,800 $0 $0
2014 $4,120 $316,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR270824

Bright MLS

APN: 09-317627