NOT LISTED FOR SALE

5831 Mercantile Dr W Frederick, MD 21703

Estimated Value: $356,000 - $406,000

4 Beds
4 Baths
1,294 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $227,000 $175 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,326/month

45 Days on Market

Highlights

  • Contemporary Architecture
  • Combination Kitchen and Dining Room
  • Heating System Uses Natural Gas
  • Central Air
  • En-Suite Bathroom

About This Home

As of August 2015

Attractive, appealing and alluring townhome in the perfect location. Convenient to Downtown Frederick, commuter routes, shopping, Ballenger Creek Park and delicious food. Be in the heart of what Frederick has to offer, yet miss out on the city taxes. Townhome offers 4 spacious bedrooms, 2 full baths and 2 half baths with a finished basement. 1 year home warranty. 2 hour notice for showings.

Last Agent to Sell the Property

Jay Mason

(301) 662-9222 info@flandh.com Frederick Land & Home, LLC. Listed on: 06/05/2015

Last Buyer's Agent

Rafael Cano-Gonzalez

(301) 330-3130 rcano_realtor@hotmail.com WilCarr Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 2003

Lot Details

  • 1,660 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Combination Kitchen and Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Schools

  • Orchard Grove Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Hannover Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 274
  • Assessor Parcel Number 1123457288

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,172

Year Built

Built in 2003

Lot Details

1,660 Sq Ft Lot

HOA Fees

$72 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Microwave, Stove, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s)
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Sump Pump, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 72.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: ORCHARD GROVE

Lot Info

  • Improvement Assessed Value: 147100.00
  • Land Assessed Value: 66000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1660
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1660.00
  • Property Attached Yn: Yes
  • Zoning: PUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11562281
  • Tax Annual Amount: 2171.72
  • Assessor Parcel Number: 1123457288
  • Tax Lot: 274
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 26, 2015
Sold by
Koenig Keith E and Koenig Julia R
Bought by
Lopez Carlos A and Gutierrez Ana I Chaves
Seller's Agent
Jay Mason
Frederick Land & Home, LLC.
Buyer's Agent
Rafael Cano-Gonzalez
WilCarr Realty Group
List Price
$240,000
Sold Price
$227,000
Premium/Discount to List
-$13,000
-5.42%
Current Estimated Value
$380,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,923
Avg. Annual Appreciation
5.02%
Original Mortgage
$220,924
Outstanding Balance
$173,284
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$207,639

Purchase Details

Closed on
Nov 28, 2005
Sold by
Koenig Keith E Julia R Adams
Bought by
Koenig Julia R and Koenig Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2005
Sold by
Koenig Keith E Julia R Adams
Bought by
Koenig Julia R and Koenig Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2003
Sold by
Hannover Land Llc
Bought by
Koenig Keith E and Adams Julia R
Source: Public Records
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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
Lopez Carlos A $225,000 Attorney
Koenig Julia R -- --
Koenig Julia R -- --
Koenig Keith E $177,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Carlos A $220,924
Closed Koenig Julia R $172,800
Closed Koenig Julia R $172,800
Closed Koenig Keith E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $227,000 -1.3% $175 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
06/28/2015 06/28/15 Price Changed $230,000 -4.2% $178 / Sq Ft
06/05/2015 06/05/15 For Sale $240,000 -- $185 / Sq Ft
Source: Bright MLS

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 $3,259 $313,033 -- --
2024 $3,259 $280,667 $0 $0
2023 $2,972 $248,300 $79,000 $169,300
2022 $2,854 $238,200 $0 $0
2021 $2,620 $228,100 $0 $0
2020 $2,620 $218,000 $66,000 $152,000
2019 $2,601 $216,367 $0 $0
2018 $2,605 $214,733 $0 $0
2017 $2,563 $213,100 $0 $0
2016 $2,437 $203,833 $0 $0
2015 $2,437 $194,567 $0 $0
2014 $2,437 $185,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Mason

    Seller's Agent in 2015

    Jay Mason

    Frederick Land & Home, LLC.

    (301) 524-2160

    2 in this area

    7 Total Sales

    Jay Mason
    Section Image

  • R

    Buyer's Agent in 2015

    Rafael Cano-Gonzalez

    WilCarr Realty Group

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001187847

Bright MLS

APN: 23-457288

Maryland Frederick County Frederick 21703

5831 Mercantile Dr W, Frederick, MD

Not Listed for Sale

Townhouses

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