NOT LISTED FOR SALE

7131 Masters Rd New Market, MD 21774

Estimated Value: $736,000 - $834,000

4 Beds
3.5 Baths
2,497 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $500,000 $200 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,728/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Central Air
  • Deer Crossing Elementary School Rated A-
  • 2 Car Attached Garage
  • Heat Pump System

About This Home

As of August 2020

This home is located at 7131 Masters Rd, New Market, MD 21774 since 18 August 2020 and is currently estimated at $766,679, approximately $307 per square foot. This property was built in 2017. 7131 Masters Rd is a home located in Frederick County with nearby schools including Deer Crossing Elementary School, Oakdale Middle School, and Oakdale High School.

Last Agent to Sell the Property

Cara Via

(301) 717-7875 homesbycaravia@gmail.com Charis Realty Group Listed on: 08/18/2020

Charis Realty Group

Last Buyer's Agent

Stacie Storm Miller

(703) 577-4850 stacie.miller@cbmove.com Century 21 Redwood Realty License #657607

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 2017

Lot Details

  • 10,654 Sq Ft Lot

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,497 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 390
  • Assessor Parcel Number 1127512364

Community Details

Overview

  • The Meadows Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,242

Year Built

Built in 2017

Lot Details

0

HOA Fees

$127 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2497
  • Living Area Sq Ft: 2497
  • Price Per Sq Ft: 200.24
  • Above Grade Finished Sq Ft: 2497
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 127.04
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 372500.00
  • Land Assessed Value: 74800.00
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10654.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11494049
  • Tax Annual Amount: 5242.00
  • Assessor Parcel Number: 1127512364
  • Tax Lot: 390
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Aug 17, 2020
Sold by
Sharp Christopher W and Sharp Lindsey M
Bought by
Barton Richard and Barton Lauren Anne
Seller's Agent
Cara Via
Charis Realty Group
Buyer's Agent
Stacie Storm Miller
Century 21 Redwood Realty
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$766,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,679
Avg. Annual Appreciation
8.57%
Original Mortgage
$475,000
Outstanding Balance
$421,358
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$345,321

Purchase Details

Listed on
Jan 4, 2019
Closed on
Apr 30, 2019
Sold by
Stone Kevin R and Byrnes Stone Shannon R
Bought by
Sharp Christopher W and Sharp Lindsey M
Seller's Agent
Christan Constantine
Compass
Buyer's Agent
Michelle Romjue
Charis Realty Group
List Price
$474,900
Sold Price
$463,000
Premium/Discount to List
-$11,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$478,279
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Dec 29, 2017
Sold by
Ryan Legancy Builder Inc
Bought by
Stone Kevin R and Byrnes Stone Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,121
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2016
Sold by
Akhund Sajid Ali and Akhund Laruel M
Bought by
Ryan Legacy Builders Inc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Gentel William D
Bought by
Akhund Sajid Ali and Akhund Laurel M

Purchase Details

Closed on
Nov 30, 1999
Sold by
Farrell Joseph H and Farrell Mary A
Bought by
Gentel William D and Brehm Tobey G
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
Barton Richard $500,000 Clear Title Llc
Sharp Christopher W $463,000 Colony Title Group Ltd
Stone Kevin R $449,111 None Available
Ryan Legacy Builders Inc $33,715 Keystone Title Settlement Sv
Akhund Sajid Ali $49,900 --
Gentel William D $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barton Richard $475,000
Previous Owner Sharp Christopher W $478,279
Previous Owner Stone Kevin R $434,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $500,000 0.0% $200 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $500,000 +8.0% $200 / Sq Ft
04/30/2019 04/30/19 Sold $463,000 -1.5% $185 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $469,900 -1.1% $188 / Sq Ft
01/05/2019 01/05/19 For Sale $474,900 -- $190 / 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 $7,053 $582,233 -- --
2024 $7,053 $523,500 $119,800 $403,700
2023 $6,486 $498,100 $0 $0
2022 $6,179 $472,700 $0 $0
2021 $5,845 $447,300 $74,800 $372,500
2020 $5,817 $443,533 $0 $0
2019 $5,762 $439,767 $0 $0
2018 $5,110 $436,000 $70,300 $365,700
2017 $1,351 $70,300 $0 $0
2016 $1,302 $70,300 $0 $0
2015 $1,302 $70,300 $0 $0
2014 $1,302 $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR269400

Bright MLS

APN: 27-512364