NOT LISTED FOR SALE

7818 Spout Spring Rd Frederick, MD 21702

Clover Hill Neighborhood

Estimated Value: $481,000 - $544,673

4 Beds
2.5 Baths
2,450 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $500,000 $204 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,135/month

110 Days on Market

Highlights

  • 0.39 Acre Lot
  • Rambler Architecture
  • No HOA
  • Yellow Springs Elementary School Rated A-
  • 1 Fireplace
  • Central Air

About This Home

As of June 2023

Back on the market, previous buyer fell through. Clover Hill area and NO HOA!!! Gorgeous renovation, everything new and beautiful! Includes new roof, HVAC, plumbing, & electric. New kitchen & appliances, bathrooms, ceiling fans, with closets/pantry & storage throughout. Has 4 Bedrooms, 2.5 bathrooms, separate extra living room/den, finished basement with wet bar and recreation area for entertaining. Front driveway fits 3 cars with partially enclosed deck/porch in rear with large yard and partially fenced for kids or animals. Come check out this gem and make it your new home.

Last Agent to Sell the Property

Adam Gowayed

Better Choice Real Estate Listed on: 01/13/2023

Last Buyer's Agent

Mario Levy Sarmiento

Spring Hill Real Estate, LLC.

Spring Hill Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1962

Lot Details

  • 0.39 Acre Lot
  • Property is zoned COUNTY

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Clover Hill Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1121420131

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 1962

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: 2023-01-14
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Back on the market, previous buyer fell through. Clover Hill area and NO HOA!!! Gorgeous renovation, everything new and beautiful! Includes new roof, HVAC, plumbing, & electric. New kitchen & appliances, bathrooms, ceiling fans, with closets/pantry & storage throughout. Has 4 Bedrooms, 2.5 bathrooms, separate extra living room/den, finished basement with wet bar and recreation area for entertaining. Front driveway fits 3 cars with partially enclosed deck/porch in rear with large yard and partially fenced for kids or animals. Come check out this gem and make it your new home.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 2450
  • Price Per Sq Ft: 366.59
  • Above Grade Finished Sq Ft: 1350
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Sq Ft: 1350
  • Total Below Grade Sq Ft: 2450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7818

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half 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: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 181600.00
  • Land Assessed Value: 75700.00
  • Land Use Code: R
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Year Assessed: 2023
  • Zoning: COUNTY
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11540049
  • Tax Annual Amount: 2920.00
  • Assessor Parcel Number: 1121420131
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1350
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/09/2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jun 7, 2023
Sold by
Crescent Development Enterprises Llc
Bought by
Varela Medina Milton Yoan and Parra Bernales Rosa
Seller's Agent
Adam Gowayed
Better Choice Real Estate
Buyer's Agent
Mario Levy Sarmiento
Spring Hill Real Estate, LLC.
List Price
$494,900
Sold Price
$500,000
Premium/Discount to List
$5,100
1.03%
Views
669
Current Estimated Value
$509,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,168
Avg. Annual Appreciation
0.84%
Original Mortgage
$490,943
Outstanding Balance
$478,764
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$30,404

Purchase Details

Closed on
Apr 30, 2021
Sold by
Fannie Mae
Bought by
Crescent Development Enterprises Llc

Purchase Details

Closed on
Jan 28, 2021
Sold by
Hernick David
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2007
Sold by
Moran Luther H and Moran Barbara L
Bought by
Hernick David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
8.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 2007
Sold by
Moran Luther H and Moran Barbara L
Bought by
Hernick David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
8.87%
Mortgage Type
Stand Alone Second
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
Varela Medina Milton Yoan $500,000 Pro Title Group
Crescent Development Enterprises Llc $290,000 First Title & Escrow Inc
Federal National Mortgage Association $261,500 None Available
Hernick David $325,000 --
Hernick David $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Milton Yoan Varela $20,220
Open Varela Medina Milton Yoan $490,943
Previous Owner Hernick David $48,750
Previous Owner Hernick David $260,000
Previous Owner Hernick David $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $500,000 +1.0% $204 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $494,900 0.0% $202 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $494,900 -2.9% $202 / Sq Ft
02/01/2023 02/01/23 Price Changed $509,900 -2.9% $208 / Sq Ft
01/13/2023 01/13/23 For Sale $524,900 -- $214 / 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 $4,160 $405,300 -- --
2024 $4,160 $331,300 $0 $0
2023 $3,164 $257,300 $75,700 $181,600
2022 $3,041 $249,133 $0 $0
2021 $2,947 $240,967 $0 $0
2020 $2,876 $232,800 $75,700 $157,100
2019 $2,836 $231,433 $0 $0
2018 $2,696 $230,067 $0 $0
2017 $2,638 $228,700 $0 $0
2016 $2,944 $214,367 $0 $0
2015 $2,944 $200,033 $0 $0
2014 $2,944 $185,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adam Gowayed

    Better Choice Real Estate

    1 in this area

    17 Total Sales

    Section Image
  • Mario Levy Sarmiento

    Buyer's Agent in 2023

    Mario Levy Sarmiento

    Spring Hill Real Estate, LLC.

    (571) 215-0702

    1 in this area

    36 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR2030024

Bright MLS

APN: 21-420131

Maryland Frederick County Frederick 21702 Clover Hill

7818 Spout Spring Rd, Frederick, MD

This home is located at 7818 Spout Spring Rd, Frederick, MD 21702 since 13 January 2023 and is currently estimated at $509,168, approximately $207 per square foot. This property was built in 1962. 7818 Spout Spring Rd is a home located in Frederick County with nearby schools including Yellow Springs Elementary School, Monocacy Middle School, and Gov. Thomas Johnson High School.

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