NOT LISTED FOR SALE

7162 Masters Rd New Market, MD 21774

Estimated Value: $605,000 - $709,428

4 Beds
3.5 Baths
2,790 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $425,000 $152 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,278/month

4 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Canoe or Kayak Water Access
  • Deer Crossing Elementary School Rated A-
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of July 2018

Beautiful MOVE IN ready home!! Desirable Meadows in Lake Linganore! Updated Kitchen - Granite/SS. Beautiful Hardwood all main lvl! Huge Pantry & Laundry. Master w WIC, luxury Bath-tub&shower. Fenced Backyard, 2 car garage, cathedral ceilings, Big w-out basem fam rm & full bath, add 1 wall for 5th bed. Community w Lake, 3 beaches, hiking/walking trails, fishing, Basket ball, tennis, tot lots, etc

Last Agent to Sell the Property

Liz Burrow

Keller Williams Realty Centre Listed on: 05/03/2018

Keller Williams Realty Centre

Last Buyer's Agent

Christine Reeder

Long & Foster Real Estate, Inc. License #581222

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,982

Year Built

  • Built in 2010

Lot Details

  • 7,990 Sq Ft Lot
  • Home fronts navigable water
  • The property's topography is moderate slope
  • Property is in very good condition

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Swimming Allowed
  • Electric Motor Boats Only
  • Lake Privileges

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 1127533906

Community Details

Overview

  • Association fees include pool(s), snow removal, trash, recreation facility
  • The Meadows Subdivision
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,982

Year Built

Built in 2010

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-05-03
  • Year Built: 2010
  • Remarks Public: Beautiful MOVE IN ready home!! Desirable Meadows in Lake Linganore! Updated Kitchen - Granite/SS. Beautiful Hardwood all main lvl! Huge Pantry & Laundry. Master w WIC, luxury Bath-tub&shower. Fenced Backyard, 2 car garage, cathedral ceilings, Big w-out basem fam rm & full bath, add 1 wall for 5th bed. Community w Lake, 3 beaches, hiking/walking trails, fishing, Basket ball, tennis, tot lots, etc
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Energy Star Freezer, Energy Star Refrigerator, Energy Star Clothes Washer, Energy Star Dishwasher, Icemaker, Oven - Self Cleaning, Range Hood, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Chair Railings, Crown Moldings, Window Treatments, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Heated, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3076
  • Living Area Sq Ft: 2790
  • Price Per Sq Ft: 194.34
  • Above Grade Finished Sq Ft: 2136
  • Below Grade Finished Sq Ft: 654
  • Below Grade Sq Ft: 286
  • Total Below Grade Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7162

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Water Access Features: Boat - Electric Motor Only, Canoe/Kayak, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: LAKE MERLE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 1365.69
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Club House, Lake, Jog/Walk Path, Pool - Outdoor, Security, Tennis Courts, Swimming Pool, Water/Lake Privileges, Tot Lots/Playground, Basketball Courts, Beach, Bike Trail, Boat Ramp, Picnic Area, Soccer Field
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Trash, Recreation Facility
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024

Lot Info

  • Improvement Assessed Value: 281900.00
  • Land Assessed Value: 60000.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7990
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7990.00
  • Property Condition: Very Good
  • Topography: Moderate Slope
  • Year Assessed: 2018

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11494310
  • Tax Annual Amount: 3981.77
  • Assessor Parcel Number: 1127533906
  • Tax Lot: 182
  • Tax Total Finished Sq Ft: 1744
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/06/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 6, 2018
Sold by
Garruto John R and Garruto Kara L
Bought by
Dimitriou Aristides and Dimitriou Gianina
Seller's Agent
Liz Burrow
Keller Williams Realty Centre
Buyer's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
List Price
$415,115
Sold Price
$425,000
Premium/Discount to List
$9,885
2.38%
Current Estimated Value
$666,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,607
Avg. Annual Appreciation
6.31%
Original Mortgage
$385,445
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Questar Development Corp
Bought by
Garruto John R and Garruto Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2010
Sold by
Southam James W
Bought by
Questar Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2005
Sold by
Zunno Frank A and Zunno Leontine M
Bought by
Southam James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,910
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dimitriou Aristides $425,000 Rgs Title Llc
Garruto John R $375,000 --
Questar Development Corp $17,955 --
Southam James W $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimitriou Aristides $371,936
Closed Dimitriou Aristides $385,445
Previous Owner Garruto John R $351,000
Previous Owner Garruto John R $365,493
Previous Owner Southam James W $35,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $425,000 +2.4% $152 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $415,115 -- $149 / 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 $6,383 $523,633 -- --
2024 $6,383 $468,200 $131,400 $336,800
2023 $6,004 $456,567 $0 $0
2022 $5,857 $444,933 $0 $0
2021 $5,527 $433,300 $86,400 $346,900
2020 $5,345 $402,833 $0 $0
2019 $4,979 $372,367 $0 $0
2018 $4,007 $341,900 $60,000 $281,900
2017 $4,368 $341,900 $0 $0
2016 $4,300 $322,567 $0 $0
2015 $4,300 $312,900 $0 $0
2014 $4,300 $312,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000471016

Bright MLS

APN: 27-533906