NOT LISTED FOR SALE

6508 Springwater Ct Unit 3404 Frederick, MD 21701

Spring Ridge Neighborhood

Estimated Value: $298,000 - $299,000

2 Beds
2 Baths
-- Sq Ft
$200/mo HOA Fee

Last Sold March 27, 2014

Last sale price $162,900

Est. 83% increase in value since last sale

Current estimated payment $2,065/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Combination Dining and Living Room
  • Spring Ridge Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of March 2014

PENTHOUSE CONDO WITH LOFT IN GOOD CONDITION.Contact Listing Agent for Seller disclosure form prior to writing an offer. Seller requires that potential buyers execute the disclosure and submit with their offer in order to be considered.

Last Agent to Sell the Property

Brenda Sarver

Maryland Realty Connection Listed on: 12/20/2013

Last Buyer's Agent

Nina Abell

Long & Foster Real Estate, Inc. License #34924

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1996

Lot Details

  • 1,133

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 1 Level
  • Combination Dining and Living Room
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 3404
  • Assessor Parcel Number 1109296980

Community Details

Overview

  • Low-Rise Condominium
  • Spring Ridge Condominium Community
  • Spring Ridge Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,940

Year Built

Built in 1996

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1996
  • Remarks Public: PENTHOUSE CONDO WITH LOFT IN GOOD CONDITION.Contact Listing Agent for Seller disclosure form prior to writing an offer. Seller requires that potential buyers execute the disclosure and submit with their offer in order to be considered.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Attic, Combination Dining/Living
  • Fireplace: No
  • Entry Location: Penthouse
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6508

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
  • Roof: Asphalt
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 125000.00
  • Land Assessed Value: 40000.00
  • Property Condition: Very Good
  • Year Assessed: 2013

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11566378
  • Tax Annual Amount: 1940.40
  • Assessor Parcel Number: 1109296980
  • Tax Lot: 3404
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 03/27/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Mar 18, 2014
Sold by
Citimortgage Inc
Bought by
Davis Melissa
Seller's Agent
Brenda Sarver
Maryland Realty Connection
Buyer's Agent
Nina Abell
Long & Foster Real Estate, Inc.
List Price
$168,000
Sold Price
$162,900
Premium/Discount to List
-$5,100
-3.04%
Current Estimated Value
$298,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,614
Avg. Annual Appreciation
5.52%
Original Mortgage
$5,000
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2013
Sold by
Hyman Charles D
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2005
Sold by
Owens Amy L
Bought by
Hyman Charlease D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Owens Amy L
Bought by
Hyman Charlease D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2002
Sold by
Cornell Michael L
Bought by
Owens Amy L

Purchase Details

Closed on
Dec 20, 1997
Sold by
C R Springridge Llc
Bought by
Cornell Michael L

Purchase Details

Closed on
Feb 26, 1997
Sold by
Cornell Michael L
Bought by
C R Springridge Llc

Purchase Details

Closed on
Apr 25, 1996
Sold by
Radnor Frederick Corp
Bought by
Cornell Michael L
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
Davis Melissa $162,900 Servicelink
Citimortgage Inc $257,811 None Available
Hyman Charlease D $242,900 --
Hyman Charlease D $242,900 --
Owens Amy L $132,000 --
Cornell Michael L $109,850 --
C R Springridge Llc $109,850 --
Cornell Michael L $222,547 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Melissa $160,338
Closed Davis Melissa $5,000
Previous Owner Citimortgage Inc $5,000
Previous Owner Hyman Charlease D $256,900
Previous Owner Hyman Charlease D $242,900
Previous Owner Hyman Charlease D $242,900
Closed C R Springridge Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $162,900 0.0% --
01/28/2014 01/28/14 Pending -- -- --
01/20/2014 01/20/14 Price Changed $162,900 -3.0% --
12/20/2013 12/20/13 For Sale $168,000 -- --
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 $2,774 $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 $2,134 $179,500 $50,000 $129,500
2020 $2,097 $176,333 $0 $0
2019 $2,060 $173,167 $0 $0
2018 $2,041 $170,000 $50,000 $120,000
2017 $2,004 $170,000 $0 $0
2016 $2,052 $166,667 $0 $0
2015 $2,052 $165,000 $0 $0
2014 $2,052 $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003788944

Bright MLS

APN: 09-296980