NOT LISTED FOR SALE

Estimated Value: $436,000 - $619,749

55 Acres
$10,212 Price per Acre
2,395,800 Sq Ft Lot

Last Sold April 09, 2016

Last sale price $255,000 $150 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,185/month

147 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • 55 Acre Lot

About This Lot

As of April 2016

LARGE TRACT. MT. VIEW. Sale in gross. Estim 55 acres more or less. Zoned agricultural. Not in subdivision or HOA. Income-producing telecomm tower & farmhouse (as-is) on approx 2 acres east of 522. Rest west of 522. Tower lease conveys. Purchaser responsible for survey if desired & rollback tax if removed from land use. No survey. County record says 75 acres but acreage believed significantly less.

Last Agent to Sell the Property

Teresa Strohmeyer

(540) 450-1215 teresa@theteresateam.com ERA Oakcrest Realty, Inc. License #WV0021378 Listed on: 11/14/2015

ERA Oakcrest Realty, Inc.

Last Buyer's Agent

George Johnson

(540) 323-2222 gjohnson@shentel.net Jim Barb Realty Inc. License #WV0019360

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,469

Lot Details

  • 55 Acre Lot
  • The property's topography is rolling, level
  • Wooded Lot
  • Backs to Trees or Woods
  • No Building Permits
  • Property is zoned RA

Property Views

  • Woods
  • Pasture
  • Mountain

Schools

  • Gainesboro Elementary School
  • James Wood High School

Utilities

  • Well
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 621

Property Details

Property Type

Land

Est. Annual Taxes

$2,469

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Hunting, Recreation, Telecommunication Site, Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.12

Exterior Features

  • View: Trees/Woods, Mountain, Pasture
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: GAINESBORO
  • High School: JAMES WOOD

Lot Info

  • Lot Features: Backs To Trees, Unrestricted, Trees/Wooded
  • Lot Size Acres: 55.00
  • Lot Size Area: 2395800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2395800.00
  • Perc Sites: 1
  • Possible Use: Agriculture, Livestock, Hunting, Recreational, Residential
  • Topography: Rolling, Level
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2468.93
  • Assessor Parcel Number: 621
  • Tax Lot: 39
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Hoover Eric K and Adams Cynthia J
Bought by
Homegrown Marketing Llc
Current Estimated Value
$561,687

Purchase Details

Closed on
Jan 29, 2019
Sold by
Homegrown Marketing Llc
Bought by
Hoover Eric K and Adams Cynthia J

Purchase Details

Closed on
Nov 30, 2016
Sold by
Hoover Eric K
Bought by
Homegrown Marketing Llc A Virginia Limit

Purchase Details

Listed on
Nov 14, 2015
Closed on
May 26, 2016
Sold by
Shenk Daniel A and Shenk Mary J
Bought by
Hoover Eric K
Seller's Agent
Teresa Strohmeyer
ERA Oakcrest Realty, Inc.
Buyer's Agent
George Johnson
Jim Barb Realty Inc.
List Price
$298,000
Sold Price
$255,000
Premium/Discount to List
-$43,000
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$229,500
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Homegrown Marketing Llc -- None Available
Hoover Eric K -- None Available
Homegrown Marketing Llc A Virginia Limit -- None Available
Hoover Eric K $255,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoover Eric K $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2016 04/09/16 Sold $255,000 -14.4% $150 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $298,000 -- $175 / 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 $2,863 $596,382 $83,600 $512,782
2024 $1,387 $552,500 $73,700 $478,800
2023 $2,774 $552,500 $73,700 $478,800
2022 $3,111 $518,600 $67,700 $450,900
2021 $3,111 $518,600 $67,700 $450,900
2020 $3,043 $667,100 $243,300 $423,800
2019 $3,043 $667,100 $243,300 $423,800
2018 $2,659 $666,500 $312,500 $354,000
2017 $2,615 $666,500 $312,500 $354,000
2016 $2,643 $664,000 $294,400 $369,600
2015 $1,261 $668,300 $298,700 $369,600
2014 $1,261 $666,400 $298,700 $367,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001325985

Bright MLS

APN: 11A-39