NOT LISTED FOR SALE

703 Prospect Rd Mount Airy, MD 21771

Estimated Value: $362,000 - $425,000

3 Beds
2 Baths
858 Sq Ft
$463/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $160,000 $186 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,418/month

Highlights

  • No HOA
  • Twin Ridge Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of June 2015

CORPORATE OWNED HOME IN NEED OF REPAIRS. BRING YOUR VISION AND TURN THIS BACK INTO A HOME. HUGE BACKYARD WITH A SHED FOR ADDITIONAL STORAGE. LARGE COVERED DECK OFF OF THE KITCHEN AND BASEMENT ENTRANCE FROM THE OUTSIDE . SOLD AS IS AND THE SELLER WILL NOT MAKE REPAIRS. CASH, CONVENTIONAL RENOVATION OR FHA 203K ONLY. WILL NOT QUALIFY FOR STANDARD FINANCING.

Last Agent to Sell the Property

Deric Beckett

(443) 864-2799 ivegotadeal4you@yahoo.com Berkshire Hathaway HomeServices PenFed Realty License #531319 Listed on: 04/09/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bonnie Winkler

(301) 831-5600 bonnie@bonnieandmaureen.com RE/MAX Realty Plus

RE/MAX Realty Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1983

Lot Details

  • 0.29

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Schools

  • Twin Ridge Elementary School
  • Windsor Knolls Middle School

Additional Features

  • 0.29 Acre Lot
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mt Airy Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1118385449

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,043

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: TWIN RIDGE
  • Middle Or Junior School: WINDSOR KNOLLS

Lot Info

  • Improvement Assessed Value: 130200.00
  • Land Assessed Value: 96600.00
  • Lot Size Acres: 0.29
  • Lot Size Area: 12632
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Attached Yn: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11537450
  • Tax Annual Amount: 3042.52
  • Assessor Parcel Number: 1118385449
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 3, 2015
Sold by
U S Bank Trust Na
Bought by
Gosnell Steven
Seller's Agent
Deric Beckett
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bonnie Winkler
RE/MAX Realty Plus
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%
Current Estimated Value
$397,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,626
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 8, 2015
Sold by
Baker Walter Thomas and Baker Lucille A
Bought by
U S Bank Trust Na
Seller's Agent
Deric Beckett
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bonnie Winkler
RE/MAX Realty Plus
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Purchase Details

Closed on
Sep 17, 1990
Sold by
Edwards Howard W and Edwards Dawn M
Bought by
Baker Walter Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,117
Interest Rate
10.13%

Purchase Details

Closed on
Dec 1, 1988
Sold by
Shoemaker Bradley Russell
Bought by
Edwards Howard W and Edwards Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,300
Interest Rate
10.39%
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
Gosnell Steven $160,000 Advantage Title Company
U S Bank Trust Na $198,515 Attorney
Baker Walter Thomas $126,000 --
Edwards Howard W $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Walter Thomas $126,117
Previous Owner Edwards Howard W $103,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $160,000 -8.5% $186 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $174,900 -- $204 / 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 $4,046 $304,400 -- --
2024 $4,046 $282,100 $113,200 $168,900
2023 $3,695 $272,400 $0 $0
2022 $3,567 $262,700 $0 $0
2021 $3,438 $253,000 $96,600 $156,400
2020 $3,397 $249,867 $0 $0
2019 $3,355 $246,733 $0 $0
2018 $3,348 $243,600 $96,600 $147,000
2017 $3,240 $243,600 $0 $0
2016 $2,496 $232,400 $0 $0
2015 $2,496 $226,800 $0 $0
2014 $2,496 $226,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deric Beckett

    Seller's Agent in 2015

    Deric Beckett

    BHHS PenFed (actual)

    (443) 864-2799

    1 in this area

    197 Total Sales

    Deric Beckett
    Section Image

  • B

    Buyer's Agent in 2015

    Bonnie Winkler

    RE/MAX

    (301) 831-5600

    1 in this area

    3 Total Sales

    Bonnie Winkler
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001185833

Bright MLS

APN: 18-385449

Maryland Frederick County Mount Airy 21771

703 Prospect Rd, Mount Airy, MD

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