NOT LISTED FOR SALE

6400 Towncrest Terrace Frederick, MD 21703

Estimated Value: $408,079 - $483,000

3 Beds
3 Baths
2,156 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $295,000 $137 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,677/month

About This Home

Stunning End Unit three finished levels townhouse located in sought after Hannover Community looking for a new owner or investor. Fully remodeled the whole house and replaced the roof in March 2019. A new water heater just installed in October 2020, a new HVAC system has been scheduled to replace the old one in the week of Oct. 12, 2020. This home features a large living room, kitchen with an island, 3 bedrooms, and 2.5 bathrooms. Plenty of room to spread out, and a shed for extra storage! The large deck and a fenced yard are great for entertaining, cookouts, friends family gathering, and much more. Great commuter location and NO CITY TAXES. Convenient to Route 15, I-70, and I-270. Francis Scott Key Mall, Frederick Crossing Shopping Center, groceries, eateries, banks, bookstore, movie theater, gas stations also just minutes away. 15 minutes walk to Ballenger Creek Park. Truly a must-see! *** Great income potential. House has been well maintained and ready for a new owner. Current wonderful tenants are willing to stay and sign long term lease if the new owner desires. Please inquire with the listing agent for more information. Don't miss out on this PERFECT INVESTMENT opportunity!***

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 30, 2020
Sold by
Levine Tae Soon and Brown Rose A
Bought by
Mcmeans Terrance E
Seller's Agent
Tszechung Tai
Evergreen Properties
Buyer's Agent
David Zeff
Keller Williams Capital Properties
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$439,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,520
Avg. Annual Appreciation
8.28%
Original Mortgage
$289,656
Outstanding Balance
$257,164
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$182,356

Purchase Details

Closed on
Jul 28, 2017
Sold by
Brown Rose A
Bought by
Brown Rose A and Levine Tae Soon

Purchase Details

Closed on
Mar 2, 2006
Sold by
Modenessi Hernan E
Bought by
Brown Rose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2005
Sold by
Modenessi Hernan E
Bought by
Brown Rose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2004
Sold by
Harris Tony
Bought by
Modenessi Hernan E and Brown Rose A

Purchase Details

Closed on
Apr 30, 2004
Sold by
Harris Tony
Bought by
Modenessi Hernan E and Brown Rose A

Purchase Details

Closed on
Jul 16, 1998
Sold by
Harris Tony
Bought by
Harris Tony and Harris Marilyn

Purchase Details

Closed on
Jun 23, 1997
Sold by
Regency Homes Corporation
Bought by
Harris Tony

Purchase Details

Closed on
Sep 1, 1995
Sold by
Tidler Harold S
Bought by
Curtis Regency Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcmeans Terrance E $295,000 Commonwealth Land Ttl Ins Co
Brown Rose A -- None Available
Brown Rose A -- --
Brown Rose A -- --
Modenessi Hernan E $219,900 --
Harris Tony -- --
Modenessi Hernan E $219,900 --
Harris Tony -- --
Harris Tony -- --
Harris Tony $126,950 --
Curtis Regency Llc $1,320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmeans Terrance E $289,656
Closed Mcmeans Terrance E $8,689
Previous Owner Brown Rose A $25,000
Previous Owner Brown Rose A $210,000
Previous Owner Brown Rose A $210,000
Closed Modenessi Hernan E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $295,000 0.0% $137 / Sq Ft View Prior Sale
10/15/2020 10/15/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $295,000 -- $137 / Sq Ft

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 $3,447 $334,933 -- --
2024 $3,447 $298,967 $0 $0
2023 $3,142 $263,000 $82,000 $181,000
2022 $3,067 $256,533 $0 $0
2021 $3,080 $250,067 $0 $0
2020 $2,943 $243,600 $66,000 $177,600
2019 $2,902 $242,300 $0 $0
2018 $2,825 $241,000 $0 $0
2017 $2,714 $239,700 $0 $0
2016 $2,643 $226,067 $0 $0
2015 $2,643 $212,433 $0 $0
2014 $2,643 $198,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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