NOT LISTED FOR SALE

7163 Masters Rd New Market, MD 21774

Estimated Value: $475,000 - $585,000

3 Beds
2 Baths
1,737 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $353,000 $203 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,330/month

13 Days on Market

Highlights

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

About This Home

As of May 2020

Welcome home to this stylish contemporary in the heart of the Meadows! Everything is light, bright and neutral. Updated kitchen with adjoining deck for entertainment. Sliding glass doors open to an outdoor oasis. Fully fenced yard and mature trees. First floor owner's suite. Yes, first floor living is here! Upper level has a huge loft overlooking the main floor. This can be used for an office, play room, or living space. Two upper level, large bedrooms and a full bath. The lower level has a lot of space, so get creative. Walkout basement and brand new roof! This home is perfection and awaits its new occupants. A+

Last Agent to Sell the Property

Marylou Fisher

Century 21 Redwood Realty Listed on: 04/06/2020

Century 21 Redwood Realty

Last Buyer's Agent

Katelyn Hooper

Willow Oaks Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1988

Lot Details

  • 7,592 Sq Ft Lot
  • Home fronts navigable water
  • Property is Fully Fenced
  • Property is in very good condition

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,737 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Improved Basement

  • Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • On-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • No Personal Watercraft
  • Swimming Allowed
  • Electric Motor Boats Only

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 336
  • Assessor Parcel Number 1127533043

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Lake Linganore Association, Phone Number (301) 831-6400
  • The Meadows Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing Allowed
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,607

Year Built

Built in 1988

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Loft, Contemporary
  • Ownership: Fee Simple
  • Exclusions: See disclosures
  • Historic: No
  • Home Warranty: No
  • Inclusions: See disclosures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-06
  • Federal Flood Zone: No
  • Year Built: 1988
  • Remarks Public: Welcome home to this stylish contemporary in the heart of the Meadows! Everything is light, bright and neutral. Updated kitchen with adjoining deck for entertainment. Sliding glass doors open to an outdoor oasis. Fully fenced yard and mature trees. First floor owner's suite. Yes, first floor living is here! Upper level has a huge loft overlooking the main floor. This can be used for an office, play room, or living space. Two upper level, large bedrooms and a full bath. The lower level has a lot of space, so get creative. Walkout basement and brand new roof! This home is perfection and awaits its new occupants. A+
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Improved, Outside Entrance
  • Laundry Type: Lower Floor, Basement
  • Total Sq Ft: 1737
  • Living Area Sq Ft: 1737
  • Price Per Sq Ft: 203.22
  • Above Grade Finished Sq Ft: 1737
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7163

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Roof: Asphalt
  • Spa: No
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Electric Motor Only, No Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: LAKE LINGANORE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, On Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 122.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Common Grounds, Jog/Walk Path, Lake, Picnic Area, Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: LAKE LINGANORE ASSOCIATION
  • HOA Phone: 301-831-6400
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 1000.00

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully
  • Improvement Assessed Value: 227400.00
  • Land Assessed Value: 86200.00
  • Land Use Code: 010
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7592.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 11561876
  • Tax Annual Amount: 3607.00
  • Assessor Parcel Number: 1127533043
  • Tax Lot: 336
  • Tax Total Finished Sq Ft: 1737
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/15/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 15, 2020
Sold by
Koh Henry H and Koh Connie S
Bought by
Davis Joshua A and Davis Casey N
Seller's Agent
Marylou Fisher
Century 21 Redwood Realty
Buyer's Agent
Katelyn Hooper
Willow Oaks Realty, LLC.
List Price
$349,999
Sold Price
$353,000
Premium/Discount to List
$3,001
0.86%
Current Estimated Value
$510,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,211
Avg. Annual Appreciation
7.34%
Original Mortgage
$361,119
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2005
Sold by
Jump R & All P
Bought by
Koh Henry H Connie S Shew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.17%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 11, 2000
Sold by
Whitehead Kerry L and Whitehead Jennifer D
Bought by
Jump Randall P

Purchase Details

Closed on
Apr 1, 1998
Sold by
Whitehead Kerry Jennifer D Fox
Bought by
Whitehead Kerry L and Whitehead Jennifer D

Purchase Details

Closed on
Jun 2, 1994
Sold by
Awad F A
Bought by
Whitehead Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,250
Interest Rate
8.49%
Source: Public Records

Range of Values:

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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
Davis Joshua A $353,000 Velocity National Ttl Co Llc
Koh Henry H Connie S Shew $292,500 --
Jump Randall P $167,500 --
Whitehead Kerry L -- --
Whitehead Kerry L $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Joshua A $368,433
Closed Davis Joshua A $361,119
Previous Owner Koh Henry H $230,000
Previous Owner Koh Henry H $239,000
Previous Owner Koh Henry H Connie S Shew $234,000
Previous Owner Whitehead Kerry L $130,250
Closed Jump Randall P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $353,000 0.0% $203 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $353,000 +0.9% $203 / Sq Ft
04/06/2020 04/06/20 For Sale $349,999 -- $201 / 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 $5,136 $389,533 -- --
2024 $5,136 $365,200 $131,200 $234,000
2023 $4,743 $348,000 $0 $0
2022 $4,531 $330,800 $0 $0
2021 $4,276 $313,600 $86,200 $227,400
2020 $4,231 $306,967 $0 $0
2019 $4,143 $300,333 $0 $0
2018 $3,442 $293,700 $76,200 $217,500
2017 $3,755 $293,700 $0 $0
2016 $3,933 $269,767 $0 $0
2015 $3,933 $257,800 $0 $0
2014 $3,933 $257,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR262394

Bright MLS

APN: 27-533043