NOT LISTED FOR SALE

6505 Springwater Ct Unit 7401 Frederick, MD 21701

Spring Ridge Neighborhood

Estimated Value: $294,000 - $330,000

2 Beds
2 Baths
1,113 Sq Ft
$297/mo HOA Fee

Last Sold February 22, 2024

Last sale price $300,000 $270 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,127/month

3 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Tennis Courts
  • Spring Ridge Elementary School Rated A-
  • Community Pool
  • Jogging Path

About This Home

As of February 2024

Beautiful top-floor condo in a secure building. Freshly painted and with a brand new in 2024 HVAC unit! This property was completely updated in December 2021 with new LVP flooring in the foyer, the kitchen, and bathrooms, new granite counters in the kitchen and bathrooms, new sinks, and new appliances including a full-size washer and dryer. All of the carpeting is brand new in 2024. This unit has a gas fireplace. The location is a commuter's dream with easy access to I-70 and I-270 for those commuting to Frederick, DC, Montgomery County, Northern Virginia, and the Baltimore areas.

Last Agent to Sell the Property

Jill Sullivan

(301) 355-3666 jillsullivanrealtor@gmail.com RE/MAX Realty Services License #616522 Listed on: 01/26/2024

RE/MAX Realty Services

Last Buyer's Agent

Kyle Colliflower

(240) 405-2582 kyle@wolfeteam.net Charis Realty Group License #RSR003961

Charis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1996

Lot Details

  • 1,133

HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,113 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7401
  • Assessor Parcel Number 1109293582

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Spring Ridge Condominium Condos
  • Spring Ridge Community
  • Spring Ridge Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,459

Year Built

Built in 1996

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-26
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1113
  • Living Area Sq Ft: 1113
  • Price Per Sq Ft: 260.47
  • Above Grade Finished Sq Ft: 1113
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 277.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 20.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Spring Ridge Condominium
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: PUD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2459.00
  • Assessor Parcel Number: 1109293582
  • Tax Lot: 7401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Feb 22, 2024
Sold by
Ten Talents Llc
Bought by
Koons Kiana
Seller's Agent
Jill Sullivan
RE/MAX Realty Services
Buyer's Agent
Kyle Colliflower
Charis Realty Group
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Views
226
Current Estimated Value
$303,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,735
Avg. Annual Appreciation
0.70%
Original Mortgage
$294,566
Outstanding Balance
$287,583
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$16,152

Purchase Details

Listed on
Dec 18, 2021
Closed on
Nov 5, 2021
Sold by
Simmons Julie E
Bought by
Ten Talents Llc
Seller's Agent
Jill Sullivan
RE/MAX Realty Services
Buyer's Agent
Ronald Wolfe
Charis Realty Group
Sold Price
$2,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Catron Erica L
Bought by
Simmons Julie E

Purchase Details

Closed on
May 14, 2002
Sold by
Dorr Kelly
Bought by
Catron Erica L

Purchase Details

Closed on
Sep 21, 2001
Sold by
Taylor Robert J
Bought by
Dorr Kelly
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
Koons Kiana $300,000 Community Title
Ten Talents Llc $220,000 Fidelity National Ttl Ins Co
Simmons Julie E $182,000 --
Catron Erica L $125,000 --
Dorr Kelly $105,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koons Kiana $294,566
Closed Dorr Kelly --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $300,000 +3.5% $270 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $289,900 0.0% $260 / Sq Ft
12/27/2021 12/27/21 Rented $2,000 0.0% --
12/27/2021 12/27/21 Under Contract -- -- --
12/18/2021 12/18/21 For Rent $2,000 0.0% --
11/05/2021 11/05/21 Sold $220,000 -2.2% $198 / Sq Ft View Prior Sale
08/08/2021 08/08/21 For Sale $225,000 -- $202 / 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 $2,774 $245,000 -- --
2024 $2,774 $225,000 $60,000 $165,000
2023 $2,486 $209,833 $0 $0
2022 $2,310 $194,667 $0 $0
2021 $2,115 $179,500 $50,000 $129,500
2020 $2,116 $176,333 $0 $0
2019 $2,060 $173,167 $0 $0
2018 $1,992 $170,000 $50,000 $120,000
2017 $1,985 $170,000 $0 $0
2016 $1,958 $166,667 $0 $0
2015 $1,958 $165,000 $0 $0
2014 $1,958 $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2043284

Bright MLS

APN: 09-293582