NOT LISTED FOR SALE

7416 Downhill Run Frederick, MD 21702

Estimated Value: $533,000 - $606,000

4 Beds
3 Baths
2,524 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $560,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,402/month

5 Days on Market

Highlights

  • Rambler Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of August 2023

WELCOME TO THIS EXTRODINARY RENOVATED ALL BRICK RANCHER NESTLED ON A .46 ACRE LOT IN FREDERICK COUNTY! THIS HOME BOASTS...BEAUTIFUL KITCHEN WITH SS APPLIANCES, GRANITE COUNTERTOPS & OVERSIZED ISLAND, BRIGHT & OPEN FLOORPLAN, SEPARATE DINING AREA, ALL BATHS HAVE BEEN TOTALLY RENVOATED WITH BEAUTIFUL FINISHES, LOWER LEVEL HAS BEEN FINISHED WITH BONIS ROOM, BEDROOM, REC ROOM WITH MEDIA & FULL BATH. NEW HEAT PUMP! UPGRADED PLUMBING! UPGRADED ELECTRICITY! NOT CITY TAXES! NO HOA!

Last Agent to Sell the Property

James Nicholson

(443) 822-3513 farmerschoicenonprofit@aol.com Keller Williams Realty Centre License #670998 Listed on: 07/20/2023

Keller Williams Realty Centre

Last Buyer's Agent

Jamel Wilmore

(240) 602-8983 jamelwilmore@gmail.com EXIT Deluxe Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot

Parking

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

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1124448061

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,963

Year Built

Built in 1966

Lot Details

0

Parking

2

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: 2023-07-21
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3068
  • Living Area Sq Ft: 2524
  • Price Per Sq Ft: 319.03
  • Above Grade Finished Sq Ft: 1724
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 544
  • Total Below Grade Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • 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: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3963.00
  • Assessor Parcel Number: 1124448061
  • 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
Jul 20, 2023
Closed on
Aug 22, 2023
Sold by
Gingerelli Vincent F
Bought by
Wesley Matthew and Wesley Michelle
Seller's Agent
James Nicholson
Keller Williams Realty Centre
Buyer's Agent
Jamel Wilmore
EXIT Deluxe Realty
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
77
Current Estimated Value
$573,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,690
Avg. Annual Appreciation
0.68%
Original Mortgage
$549,857
Outstanding Balance
$538,275
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$31,083

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 22, 2021
Sold by
Gcb Home Properties Llc
Bought by
Gingerelli Vincent
Seller's Agent
Trish Mills
Charis Realty Group
Buyer's Agent
James Nicholson
Keller Williams Realty Centre
List Price
$429,000
Sold Price
$447,000
Premium/Discount to List
$18,000
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
9.13%
Original Mortgage
$447,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 13, 2020
Sold by
Norwood Carol Myers and Twentey Patricia
Bought by
Gcb Home Properties Llc
Seller's Agent
Paul Warthen
Real Estate Teams, LLC
Buyer's Agent
Trish Mills
Charis Realty Group
List Price
$315,000
Sold Price
$250,000
Premium/Discount to List
-$65,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
199.34%

Purchase Details

Closed on
Mar 11, 1993
Sold by
Engle Wayne C and Engle Wife
Bought by
Grove Walter Remle and Grove Roberta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wesley Matthew $560,000 First American Title
Gingerelli Vincent $447,000 Universal Title
Gcb Home Properties Llc $250,000 United Title Service Llc
Grove Walter Remle $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesley Matthew $549,857
Previous Owner Gingerelli Vincent $447,000
Previous Owner Grove Walter Remle $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Sold $560,000 +1.8% $222 / Sq Ft
07/20/2023 07/20/23 For Sale $550,000 +23.0% $218 / Sq Ft
01/22/2021 01/22/21 Sold $447,000 +4.2% $153 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $429,000 +71.6% $146 / Sq Ft
07/13/2020 07/13/20 Sold $250,000 -9.1% $99 / Sq Ft View Prior Sale
06/27/2020 06/27/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $275,000 -8.3% $109 / Sq Ft
06/09/2020 06/09/20 Price Changed $300,000 -4.8% $119 / Sq Ft
05/28/2020 05/28/20 For Sale $315,000 -- $125 / 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 $5,081 $456,233 -- --
2024 $5,081 $407,367 $0 $0
2023 $4,312 $358,500 $77,400 $281,100
2022 $4,075 $338,100 $0 $0
2021 $3,719 $317,700 $0 $0
2020 $3,632 $297,300 $77,400 $219,900
2019 $3,574 $294,967 $0 $0
2018 $3,430 $292,633 $0 $0
2017 $3,395 $290,300 $0 $0
2016 $3,639 $279,533 $0 $0
2015 $3,639 $268,767 $0 $0
2014 $3,639 $258,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2037246

Bright MLS

APN: 24-448061