NOT LISTED FOR SALE

6341 Springwater Terrace Unit 9403 Frederick, MD 21701

Spring Ridge Neighborhood

Estimated Value: $300,000 - $321,000

2 Beds
2 Baths
1,242 Sq Ft
$212/mo HOA Fee

Last Sold August 31, 2015

Last sale price $182,000 $147 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,070/month

52 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Loft
  • Spring Ridge Elementary School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of August 2015

Lovingly Maintained 2 Bed, 2 Bath Penthouse Condo w/ Loft. New Carpet Throughout & New Pergo Flrs in Kitchen! Open Floor Plan w/ tons of Natural Light! Eat-in Kitchen, Dining Area, Vaulted Ceilings, Gas Fireplace, Large MBR w/ MBA, & Balcony off Kitchen. Spring Ridge Community has swimming pools, tennis & basketball courts, walking/jogging paths, playground, & more. Schedule your showing today!

Last Agent to Sell the Property

Jimmy Noble

(410) 258-0566 noble@thenoblegroup.net ExecuHome Realty Listed on: 05/11/2015

ExecuHome Realty

Co-Listed By

Melissa Noble

(888) 205-7773 noble@thenoblegroup.org ExecuHome Realty

Last Buyer's Agent

Jacquelyn Sherwood

(301) 788-7362 franniesherwood@gmail.com Mackintosh, Inc. License #521912

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1997

Lot Details

  • Property is in very good condition

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,242 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Spring Ridge Elementary School
  • Oakdale High School

Utilities

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

Listing and Financial Details

  • Tax Lot 9403
  • Assessor Parcel Number 1109302263

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Spring Ridge Community
  • Spring Ridge Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,168

Year Built

Built in 1997

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2015-05-22
  • Year Built: 1997
  • Remarks Public: Lovingly Maintained 2 Bed, 2 Bath Penthouse Condo w/ Loft. New Carpet Throughout & New Pergo Flrs in Kitchen! Open Floor Plan w/ tons of Natural Light! Eat-in Kitchen, Dining Area, Vaulted Ceilings, Gas Fireplace, Large MBR w/ MBA, & Balcony off Kitchen. Spring Ridge Community has swimming pools, tennis & basketball courts, walking/jogging paths, playground, & more. Schedule your showing today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Penthouse
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1242
  • Living Area Sq Ft: 1242
  • Price Per Sq Ft: 148.95
  • Above Grade Finished Sq Ft: 1242
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6341

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 212.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Club House, Common Grounds, Jog/Walk Path, Pool - Outdoor, Soccer Field, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING RIDGE
  • High School: OAKDALE
  • School District Key: 121139693024
  • Elementary School: SPRING RIDGE
  • High School: OAKDALE

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: PUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2168.20
  • Assessor Parcel Number: 1109302263
  • Tax Lot: 9403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 08/31/2015

Multi Family

  • Metering: Fully Separate

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Aug 31, 2015
Sold by
Cotter Renee
Bought by
Elliott James L and Elliott Cathy L
Seller's Agent
Jimmy Noble
ExecuHome Realty
Buyer's Agent
Jacquelyn Sherwood
Mackintosh, Inc.
List Price
$195,000
Sold Price
$182,000
Premium/Discount to List
-$13,000
-6.67%
Current Estimated Value
$307,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,532
Avg. Annual Appreciation
5.33%
Original Mortgage
$178,703
Outstanding Balance
$140,168
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$167,364

Purchase Details

Closed on
Oct 21, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cotter Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,940
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Abiba Victoria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 25, 2006
Sold by
Lessans Marc B
Bought by
Abiba Victoria and Morgan Devlin Orcutt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 13, 2006
Sold by
Lessans Marc B
Bought by
Abiba Victoria and Morgan Devlin Orcutt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 3, 2005
Sold by
Drescher John S and Drescher Karen S
Bought by
Lessans Marc B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2002
Sold by
Fye Karen
Bought by
Drescher John S and Drescher Karen S

Purchase Details

Closed on
Aug 5, 1997
Sold by
Cr Springridge Llc
Bought by
Fye Karen
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 Buyer Sale Price Title Company
Elliott James L $182,000 Fidelity Natl Title Ins Co
Cotter Renee $155,000 --
Federal Home Loan Mortgage Corporation $212,023 --
Abiba Victoria $241,000 --
Abiba Victoria $241,000 --
Lessans Marc B $231,500 --
Drescher John S -- --
Fye Karen $110,785 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott James L $178,703
Previous Owner Cotter Renee $152,940
Previous Owner Abiba Victoria $48,200
Previous Owner Abiba Victoria $48,200
Previous Owner Lessans Marc B $185,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $182,000 -1.6% $147 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/10/2015 06/10/15 Price Changed $185,000 -5.1% $149 / Sq Ft
05/23/2015 05/23/15 For Sale $195,000 +7.1% $157 / Sq Ft
05/19/2015 05/19/15 Off Market $182,000 -- --
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 $2,654 $248,333 -- --
2024 $2,654 $225,000 $60,000 $165,000
2023 $2,426 $211,667 $0 $0
2022 $2,310 $198,333 $0 $0
2021 $2,159 $185,000 $50,000 $135,000
2020 $2,159 $181,667 $0 $0
2019 $2,120 $178,333 $0 $0
2018 $2,100 $175,000 $50,000 $125,000
2017 $2,081 $175,000 $0 $0
2016 $2,321 $175,000 $0 $0
2015 $2,321 $185,000 $0 $0
2014 $2,321 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001187113

Bright MLS

APN: 09-302263