NOT LISTED FOR SALE

7042 Freedom Way Frederick, MD 21703

Estimated Value: $764,000 - $830,000

5 Beds
4 Baths
3,112 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $602,317 $194 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,148/month

Highlights

  • New Construction
  • Recreation Room
  • 2 Car Attached Garage
  • Colonial Architecture
  • Community Pool
  • Laundry Room

About This Home

As of March 2021

The Summit by D.R. Horton is a stunning new construction home plan featuring 3,112 square feet of living space, 5 bedrooms, 4 bathrooms, an upstairs bonus room and a 2-car garage. The Summit is everything you’re looking for without compromise! As you enter the home into the foyer, you’re greeted by the bright formal dining room. The foyer brings you back into the open concept living space, highlighted by the roomy kitchen area and large modern island overlooking the casual dining area and living room. Tucked off the living room is a downstairs bedroom and full bath – the perfect guest suite or home office. Upstairs you’ll find a large bonus room and upstairs laundry room, simplifying an everyday chore! There’s an additional 4 bedrooms upstairs, one being a princess suite, and the owner’s suite, which highlights a huge walk-in closet and luxurious bathroom. *Photos not of actual home*

Last Agent to Sell the Property

Kathleen Cassidy

D R Horton Realty of Virginia LLC Listed on: 03/09/2021

D R Horton Realty of Virginia LLC

Last Buyer's Agent

UCHENNA NWAFOR

HomeSmart

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,799

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,904 Sq Ft Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Blown-In Insulation
  • Architectural Shingle Roof

Interior Spaces

  • 3,112 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Recreation Room
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Tuscarora Elementary School
  • Crestwood Middle School
  • Tuscarora High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by D.R. Horton
  • Westview South Subdivision, Summit Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,799

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Remarks Public: The Summit by D.R. Horton is a stunning new construction home plan featuring 3,112 square feet of living space, 5 bedrooms, 4 bathrooms, an upstairs bonus room and a 2-car garage. The Summit is everything you’re looking for without compromise! As you enter the home into the foyer, you’re greeted by the bright formal dining room. The foyer brings you back into the open concept living space, highlighted by the roomy kitchen area and large modern island overlooking the casual dining area and living room. Tucked off the living room is a downstairs bedroom and full bath – the perfect guest suite or home office. Upstairs you’ll find a large bonus room and upstairs laundry room, simplifying an everyday chore! There’s an additional 4 bedrooms upstairs, one being a princess suite, and the owner’s suite, which highlights a huge walk-in closet and luxurious bathroom. *Photos not of actual home*
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 3112
  • Living Area Sq Ft: 3112
  • Price Per Sq Ft: 193.55
  • Above Grade Finished Sq Ft: 3112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7042

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Blown-In Insulation, Concrete, Frame
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 98.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: TUSCARORA
  • Middle School: CRESTWOOD
  • High School: TUSCARORA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139693024
  • School District Source: Listing Agent
  • Elementary School: TUSCARORA
  • High School: TUSCARORA
  • Middle Or Junior School: CRESTWOOD

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1904.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 03/09/2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Feb 9, 2021
Sold by
D R Horton Inc
Bought by
Bamgboye Olumide Jacob and Bamgboye Adenike Elizabeth
Seller's Agent
Kathleen Cassidy
D R Horton Realty of Virginia LLC
Buyer's Agent
UCHENNA NWAFOR
HomeSmart
List Price
$602,317
Sold Price
$602,317
Total Days on Market
0
Current Estimated Value
$787,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,135
Avg. Annual Appreciation
6.48%
Original Mortgage
$567,838
Outstanding Balance
$513,632
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$273,820
Source: Public Records

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Range of Values:

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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
Bamgboye Olumide Jacob $603,217 Residential T&E Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bamgboye Olumide Jacob $74,800
Open Bamgboye Olumide Jacob $567,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $602,317 0.0% $194 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $602,317 -- $194 / 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
2024 $7,799 $636,800 $151,100 $485,700
2023 $7,211 $613,300 $0 $0
2022 $6,938 $589,800 $0 $0
2021 $6,753 $566,300 $151,100 $415,200
2020 $1,771 $151,100 $151,100 $0
2019 $0 $151,100 $151,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR278812

Bright MLS

APN: 01-598042