NOT LISTED FOR SALE

701 Heather Ridge Dr Unit E Frederick, MD 21702

Villa Estates Neighborhood

Estimated Value: $186,000 - $188,000

2 Beds
1 Bath
950 Sq Ft
$500/mo HOA Fee

Last Sold December 31, 2018

Last sale price $79,000 $83 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,663/month

96 Days on Market

Highlights

  • Open Floorplan
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Community Playground

About This Home

As of December 2018

TWO BEDROOM CONDO UNDER 100K! CONVENIENTLY LOCATED CLOSE TO COMMUTER ROUTES, SHOPPING, SCHOOLS, FORT DETRICK & FREDERICK COMMUNITY COLLEGE.

Last Agent to Sell the Property

Trish Mills

(301) 748-0434 team@trishmillsteam.com Charis Realty Group Listed on: 07/20/2018

Charis Realty Group

Last Buyer's Agent

Trish Mills

(301) 748-0434 team@trishmillsteam.com Charis Realty Group Listed on: 07/20/2018

Charis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1984

Lot Details

  • 871

HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 16E
  • Assessor Parcel Number 1102130785

Community Details

Overview

  • Association fees include parking fee, sewer, water, trash, exterior building maintenance, lawn maintenance
  • Low-Rise Condominium
  • Ambertowne Community
  • Ambertowne Subdivision

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,247

Year Built

Built in 1984

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1984
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 950
  • Living Area Sq Ft: 950
  • Price Per Sq Ft: 82.11
  • Above Grade Finished Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Parking Fee, Sewer, Water, Trash, Ext Bldg Maint, Lawn Maintenance
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 50000.00
  • Land Assessed Value: 21000.00
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11508919
  • Tax Annual Amount: 1246.57
  • Assessor Parcel Number: 1102130785
  • Tax Lot: 16E
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Amusa Nura and Amusa Ayoniyi A
Bought by
Coth Properties Llc
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 20, 2018
Closed on
Jan 11, 2019
Sold by
Shively Linda M and Long Linda M
Bought by
Amusa Nura and Amusa Ayoniyi A
Seller's Agent
Trish Mills
Charis Realty Group
Buyer's Agent
Trish Mills
Charis Realty Group
List Price
$78,000
Sold Price
$79,000
Premium/Discount to List
$1,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$59,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Monath William E and Monath Barbara A
Bought by
Long Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1991
Sold by
Herr Robert C
Bought by
Monath William E and Monath Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.5%

Purchase Details

Closed on
Jul 7, 1988
Sold by
Forder William M
Bought by
Herr Robert C
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
Coth Properties Llc -- Accommodation
Amusa Nura $79,000 United Title Services Llc
Long Linda M $131,500 --
Monath William E $65,000 --
Herr Robert C $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coth Properties Llc $316,000
Previous Owner Amusa Nura $59,250
Previous Owner Long Linda M $21,500
Previous Owner Monath William E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $79,000 +1.3% $83 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $78,000 0.0% $82 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $78,000 -- $82 / 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 $2,242 $135,000 $45,000 $90,000
2024 $2,242 $119,667 $0 $0
2023 $1,907 $104,333 $0 $0
2022 $1,628 $89,000 $25,000 $64,000
2021 $1,523 $83,000 $0 $0
2020 $1,411 $77,000 $0 $0
2019 $1,304 $71,000 $21,000 $50,000
2018 $1,213 $68,000 $0 $0
2017 $1,142 $71,000 $0 $0
2016 $990 $62,000 $0 $0
2015 $990 $58,667 $0 $0
2014 $990 $55,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002074850

Bright MLS

APN: 02-130785