7485 New Horizon Way Frederick, MD 21703
--
Bed
--
Bath
75,400
Sq Ft
6.12
Acres
About This Home
This home is located at 7485 New Horizon Way, Frederick, MD 21703. 7485 New Horizon Way is a home located in Frederick County with nearby schools including Tuscarora Elementary School, Crestwood Middle, and Tuscarora High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2020
Sold by
207 Technology Park Lender Llc
Bought by
Mfs Abs Frederick Llc and Abs Frederick Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750,000
Outstanding Balance
$29,833,444
Interest Rate
3.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 15, 2015
Sold by
Frederick Tech I Owner Llc
Bought by
270 Technology Park Maryland Lender Llc
Purchase Details
Closed on
Mar 29, 2005
Sold by
Morecop&270 Associates Llc
Bought by
Frederick Tech Iii Owner Llc
Purchase Details
Closed on
Oct 23, 2001
Sold by
Morecop & 270 Associates
Bought by
Morecop & 270 Associates Llc
Purchase Details
Closed on
Jul 28, 1988
Sold by
Crown American Corp.
Bought by
Morecop-270 Associates
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mfs Abs Frederick Llc | $43,000,000 | None Available | |
| 270 Technology Park Maryland Lender Llc | $20,000,000 | First American Title Ins Co | |
| Frederick Tech Iii Owner Llc | -- | -- | |
| Morecop & 270 Associates Llc | -- | -- | |
| Morecop-270 Associates | $1,499,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mfs Abs Frederick Llc | $33,750,000 | |
| Closed | Mfs Abs Frederick Llc | $33,750,000 |
Source: Public Records
Tax History Compared to Growth
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 | $154,501 | $12,690,833 | -- | -- |
| 2024 | $154,501 | $12,627,400 | $2,132,600 | $10,494,800 |
| 2023 | $148,251 | $12,627,400 | $2,132,600 | $10,494,800 |
| 2022 | $159,218 | $13,571,700 | $2,132,600 | $11,439,100 |
| 2021 | $175,591 | $14,981,500 | $2,132,600 | $12,848,900 |
| 2020 | $166,090 | $14,163,400 | $0 | $0 |
| 2019 | $157,238 | $13,401,233 | $0 | $0 |
| 2018 | $148,415 | $12,527,200 | $1,866,100 | $10,661,100 |
| 2017 | $139,109 | $12,527,200 | $0 | $0 |
| 2016 | $67,897 | $11,153,333 | $0 | $0 |
| 2015 | $67,897 | $10,466,400 | $0 | $0 |
| 2014 | $67,897 | $8,874,033 | $0 | $0 |
Source: Public Records
Map
Nearby Homes
- 5531 Upper Mill Terrace N
- 7214 Black Creek Ln
- 5627 Crestwood Ct
- 7027 Freedom Way
- 5819 Whitfield Ct
- 7001 Freedom Way
- 6924 Representation Ln
- 5313 Saint Mawes Ct
- 5183 Duke Ct
- 5823 Drawbridge Ct
- 5306 Regal Ct
- 6499 Corporate Dr
- 6909 Baron Ct
- 5604 Scott Ridge Place
- 5722 Box Elder Ct
- 5247 Bamburg Ct
- 6905 Chokeberry Ct
- 5226 Kingsbrook Dr
- 8509 Raptor Ridge Ln
- 5650 Scott Ridge Place
- 7495 New Horizon Way
- 5325 Spectrum Dr
- 5361 Spectrum Dr
- 7430 Technology
- 5449 Urbana Pike
- 5340 Spectrum Dr
- 5340 Spectrum Dr Unit H
- 5340 Spectrum Dr Unit S J&K
- 5420 Urbana Pike
- 5219 Urbana Pike
- 7470 New Technology Way
- 5461 Urbana Pike
- 5440 Urbana Pike
- 7495 New Technology Way
- 5425 Urbana Pike
- 5310 Spectrum Dr
- 5473 Urbana Pike
- 5437 Genstar Dr
- 5621 Spectrum Dr
- 5400 Holiday Dr