Seller's Agent in 2019
Greg Phillips
Catoctin Realty
(240) 460-1224
39 in this area
96 Total Sales
7003 Summerfield Dr Frederick, MD 21702
Clover Hill NeighborhoodEstimated Value: $504,544 - $605,000
4
Beds
2.5
Baths
1,813
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- 0.69 Acre Lot
- Colonial Architecture
- No HOA
- Yellow Springs Elementary School Rated A-
- Wood Flooring
- Community Pool
About This Home
As of June 20194 bedroom, 2.5 bath colonial on big, flat, private lot in Clover Hill, Frederick's premier neighborhood. Appraised by Six, McLain & Associates, this is an opportunity to buy into Clover Hill for less than $300K. Price reflects cosmetic changes needed to modernize the property but also allows for significant sweat equity for the right buyer. Spacious master bedroom with walk-in closet and private bath, plus 3 more large bedrooms and a full hall bath upstairs. Large eat-in kitchen with tablespace area and separate formal dining room. Big family room with gas fireplace. Gleaming hardwood floors on main and upper levels. Partially finished lower level with lots of additional room for storage. Big, flat private lot with mature landscaping and additional shed. Seller selling "as-is". Frederick's premier neighborhood with thirteen acre private park, sports leagues, community pool and more. Close to downtown Frederick and all major commuting routes but NO HOA (optional) & NO CITY TAX!
Last Agent to Sell the Property
(240) 460-1224 greg@catoctinrealty.com Catoctin Realty Listed on: 05/01/2019
Last Buyer's Agent
Taylor Huffman
(240) 315-8133 taylor@lnf.com Long & Foster Real Estate, Inc. License #641054
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,069
Year Built
- Built in 1969
Lot Details
- 0.69
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,813 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Gas Fireplace
- Family Room
- Dining Room
- Storage Room
- Laundry on lower level
- Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 1 Parking Space
- 1 Attached Carport Space
Schools
- Yellow Springs Elementary School
- Monocacy Middle School
- Governor Thomas Johnson High School
Utilities
- Central Air
- Hot Water Heating System
- Well
- Natural Gas Water Heater
Additional Features
- Shed
- 0.69 Acre Lot
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 1121416991
Community Details
Overview
- No Home Owners Association
- Built by Ernie Ausherman
- Clover Hill Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2019
Closed on
Jun 19, 2019
Sold by
Johnson Roger W and Johnson Family Trust
Bought by
Kearchner George F and Hauver Janice M
Seller's Agent
Greg Phillips
Catoctin Realty
Buyer's Agent
Taylor Huffman
Long & Foster Real Estate, Inc.
List Price
$294,900
Sold Price
$308,500
Premium/Discount to List
$13,600
4.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,886
Avg. Annual Appreciation
9.19%
Original Mortgage
$246,800
Outstanding Balance
$216,998
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,388
Purchase Details
Closed on
Nov 25, 1996
Sold by
Johnson Roger W and Johnson Catherine
Bought by
Johnson Roger and Johnson Catherine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kearchner George F | $308,500 | None Available | |
| Johnson Roger | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kearchner George F | $246,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2019 06/19/19 | Sold | $308,500 | +4.6% | $170 / Sq Ft |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | For Sale | $294,900 | -- | $163 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,920 | $356,433 | -- | -- |
| 2024 | $3,920 | $329,067 | $0 | $0 |
| 2023 | $3,576 | $301,700 | $94,000 | $207,700 |
| 2022 | $3,409 | $286,967 | $0 | $0 |
| 2021 | $3,164 | $272,233 | $0 | $0 |
| 2020 | $3,079 | $257,500 | $94,000 | $163,500 |
| 2019 | $3,061 | $255,967 | $0 | $0 |
| 2018 | $2,982 | $254,433 | $0 | $0 |
| 2017 | $2,933 | $252,900 | $0 | $0 |
| 2016 | $3,480 | $245,000 | $0 | $0 |
| 2015 | $3,480 | $237,100 | $0 | $0 |
| 2014 | $3,480 | $229,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Phillips
-
T
Buyer's Agent in 2019
Taylor Huffman
Long & Foster
Map
Source: Bright MLS
MLS Number: MDFR245604
APN: 21-416991
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