NOT LISTED FOR SALE

7202 Drought Spring Dr Frederick, MD 21702

Estimated Value: $459,808 - $505,000

4 Beds
2 Baths
2,003 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $442,900 $221 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,858/month

14 Days on Market

Highlights

  • 0.63 Acre Lot
  • No HOA
  • Laundry Room
  • Rambler Architecture
  • Living Room
  • Central Air

About This Home

As of January 2024

Welcome to this bright and sunny four bedroom, two full bath rambler located on .63 acres! Enjoy beautiful views from every window! This home features gleaming hardwood floors, updated bathrooms, updated kitchen with stainless steel appliances and granite countertops, and double hung vinyl windows. Enjoy a warm fire, on a cold evening, around your wood burning fireplace located in the lower level family room. Plenty of storage can be found in the utility/laundry room and shed. Have peace of mind with the newer roof and the brand new well pump. The backyard has endless possibilities. Enjoy barbecuing, gardening, and watching nature. This home is located close to shopping/major commuter routes, yet is still in a tranquil and quiet setting! Schedule your showing today, this one won’t last long!

Last Agent to Sell the Property

Ronald Wolfe

(301) 401-4300 ron@wolfeteam.net Charis Realty Group Listed on: 12/16/2023

Charis Realty Group

Last Buyer's Agent

Amber Summerour

(301) 351-4120 42summerour@gmail.com Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1970 | Remodeled in 2012

Lot Details

  • 0.63 Acre Lot

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Fireplace Mantel
  • Family Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Pheasant Hill Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1124445801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 1970 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-12-16
  • Year Built: 1970
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 2106
  • Living Area Sq Ft: 2003
  • Price Per Sq Ft: 417.76
  • Above Grade Finished Sq Ft: 1053
  • Below Grade Finished Sq Ft: 950
  • Below Grade Sq Ft: 103
  • Total Below Grade Sq Ft: 1053
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • 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: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27442.00
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3502.00
  • Assessor Parcel Number: 1124445801
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 26, 2024
Sold by
Ursprung Tyler E and Ursprung Patricia A
Bought by
Rodriguez Nastassia and Dominguez Diego Ignacio
Seller's Agent
Ronald Wolfe
Charis Realty Group
Buyer's Agent
Amber Summerour
Keller Williams Capital Properties
List Price
$439,900
Sold Price
$442,900
Premium/Discount to List
$3,000
0.68%
Views
167
Current Estimated Value
$480,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,802
Avg. Annual Appreciation
4.76%
Original Mortgage
$21,743
Outstanding Balance
$21,383
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$459,319

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 4, 2019
Sold by
Mohney Garrett Michael and Mohney Chelsea Lynn
Bought by
Ursprung Tyler E and Ursprung Patricia A
Seller's Agent
Carolyn Hurwitz
Compass
Buyer's Agent
Tonya Wolfe
Charis Realty Group
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$315,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2016
Closed on
May 31, 2016
Sold by
Freemyer Amy E
Bought by
Mohney Garrett Michael and Shilala Chelsea Lynn
Seller's Agent
Tammy Durbin
Long & Foster Real Estate, Inc.
Buyer's Agent
Carolyn Hurwitz
Compass
List Price
$295,000
Sold Price
$282,600
Premium/Discount to List
-$12,400
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$274,122
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2012
Closed on
May 31, 2012
Sold by
American Signature Properties Llc
Bought by
Freemyer Amy E
Seller's Agent
Debra Marko
Coldwell Banker Realty
Buyer's Agent
Tammy Durbin
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$196,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Secretary Department Of Housing & Urban
Bought by
American Signature Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2011
Sold by
Carey Shawn R and Carey Kathy S
Bought by
Secretary Of Housing & Urban

Purchase Details

Closed on
Aug 23, 2011
Sold by
Carey Kathy S and Carey Shawn R
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 2, 1999
Sold by
Carey Jerry G and Carey Darlene L
Bought by
Carey Shawn R and Carey Kathy S
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
Rodriguez Nastassia $442,900 Old Republic National Title In
Rodriguez Nastassia $442,900 Old Republic National Title In
Ursprung Tyler E $325,000 Colony Title Group Ltd
Mohney Garrett Michael $282,600 Fidelity Natl Title Ins Co
Freemyer Amy E $247,000 Commonwealth Land Title Insu
American Signature Properties Llc $105,000 First American Title Ins Co
Secretary Of Housing & Urban $347,000 --
The Secretary Of Housing & Urban Develop $347,000 None Available
Secretary Of Housing & Urban $347,000 --
Carey Shawn R $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Nastassia $21,743
Closed Rodriguez Nastassia $21,743
Open Rodriguez Nastassia $434,877
Closed Rodriguez Nastassia $434,877
Previous Owner Ursprung Tyler E $315,250
Previous Owner Mohney Garrett Michael $274,122
Previous Owner Freemyer Amy E $196,000
Previous Owner American Signature Properties Llc $84,000
Closed Carey Shawn R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $442,900 +0.7% $221 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/16/2023 12/16/23 For Sale $439,900 +35.4% $220 / Sq Ft
11/04/2019 11/04/19 Sold $325,000 0.0% $162 / Sq Ft View Prior Sale
09/28/2019 09/28/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $325,000 +15.0% $162 / Sq Ft
05/31/2016 05/31/16 Sold $282,600 -2.5% $268 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
04/03/2016 04/03/16 Price Changed $289,900 -1.7% $275 / Sq Ft
03/11/2016 03/11/16 For Sale $295,000 +19.4% $280 / Sq Ft
05/30/2012 05/30/12 Sold $247,000 -1.2% $235 / Sq Ft View Prior Sale
04/19/2012 04/19/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $249,900 0.0% $237 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $249,900 -- $237 / 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 $4,098 $353,533 -- --
2024 $4,098 $326,167 $0 $0
2023 $3,618 $298,800 $87,900 $210,900
2022 $3,501 $288,700 $0 $0
2021 $3,325 $278,600 $0 $0
2020 $3,266 $268,500 $87,900 $180,600
2019 $3,072 $251,733 $0 $0
2018 $2,754 $234,967 $0 $0
2017 $2,456 $218,200 $0 $0
2016 $2,607 $205,333 $0 $0
2015 $2,607 $192,467 $0 $0
2014 $2,607 $179,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2042352

Bright MLS

APN: 24-445801