NOT LISTED FOR SALE

5825 Mercantile Dr W Frederick, MD 21703

Estimated Value: $392,563 - $404,000

4 Beds
4 Baths
1,771 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $349,900 $198 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,373/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Deck
  • Community Playground
  • Carpet

About This Home

As of May 2022

Brick front 4 BR 2/2 BA townhouse in the Hannover Community in the Ballenger Creek area.. Wood laminate floors on the main level. Kitchen/dining combo leading to walkout to deck. Master bedroom with bath. Fully finished walkout basement with family room, bedroom, & 1/2 BA.

The property is tenant-occupied until 04/30/2020. The Tenant will vacate the property on April 30th and if there is any damage caused by the Tenant, it would be fixed before the Settlement.

Last Agent to Sell the Property

UCHENNA NWAFOR

(832) 614-5871 ucnwafor@yahoo.com HomeSmart Listed on: 04/04/2022

HomeSmart

Last Buyer's Agent

Rosie Flores

(301) 674-0282 rosieflores03@gmail.com Fairfax Realty Premier License #582820

Fairfax Realty Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 2003

Lot Details

  • 1,660

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Deck
  • 1,660 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 1123457245

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, trash
  • Hannover Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,675

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-04
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Carpet, Kitchen - Table Space
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Outside Entrance
  • Total Sq Ft: 1941
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 272.45
  • Above Grade Finished Sq Ft: 1321
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 170
  • Total Below Grade Sq Ft: 620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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 Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: CALL SCHOOL BOARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169400.00
  • Land Assessed Value: 79000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1660.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: PUD
  • In City Limits: No

Rental Info

  • Pets: Breed Restrictions, Case By Case Basis, Number Limit, Pet Addendum/Deposit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11566556
  • Tax Annual Amount: 2675.00
  • Assessor Parcel Number: 1123457245
  • Tax Lot: 271
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 10, 2022
Sold by
Olumuyiwa Daramola
Bought by
Obando Nicolas Hernandez and Peraza Martha Julia
Seller's Agent
UCHENNA NWAFOR
HomeSmart
Buyer's Agent
Rosie Flores
Fairfax Realty Premier
List Price
$359,900
Sold Price
$349,900
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$398,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,241
Avg. Annual Appreciation
3.59%
Original Mortgage
$343,561
Outstanding Balance
$326,434
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$71,707

Purchase Details

Listed on
May 19, 2014
Closed on
Jun 27, 2014
Sold by
Harkins Jean M
Bought by
Daramola Olumuyiwa and Aremu Nofisat
Seller's Agent
James Gross
Absolute Real Estate
Buyer's Agent
Carlos Herboso
NextHome Envision
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$213,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Harkins Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 17, 2009
Sold by
Brinton Tamara L
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Dec 29, 2003
Sold by
Hannover Land Llc
Bought by
Brinton Tamara L
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
Obando Nicolas Hernandez $349,000 Old Republic National Title
Daramola Olumuyiwa $220,000 None Available
Harkins Jean M $190,000 --
Greenpoint Mortgage Funding Inc $234,000 --
Brinton Tamara L $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obando Nicolas Hernandez $343,561
Previous Owner Daramola Olumuyiwa $213,400
Previous Owner Harkins Jean M $10,000
Closed Brinton Tamara L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $349,900 -2.8% $198 / Sq Ft
04/04/2022 04/04/22 For Sale $359,900 0.0% $203 / Sq Ft
03/15/2019 03/15/19 Rented $1,795 0.0% --
01/08/2019 01/08/19 For Rent $1,795 0.0% --
06/27/2014 06/27/14 Sold $220,000 0.0% $167 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $219,900 -- $166 / 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 $3,488 $313,200 -- --
2024 $3,488 $280,800 $0 $0
2023 $2,973 $248,400 $79,000 $169,400
2022 $2,856 $238,300 $0 $0
2021 $2,738 $228,200 $0 $0
2020 $2,644 $218,100 $66,000 $152,100
2019 $2,621 $218,100 $66,000 $152,100
2018 $2,556 $218,100 $66,000 $152,100
2017 $2,526 $220,600 $0 $0
2016 $2,689 $209,900 $0 $0
2015 $2,689 $199,200 $0 $0
2014 $2,689 $188,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2016326

Bright MLS

APN: 23-457245