NOT LISTED FOR SALE

Estimated Value: $432,000 - $556,241

2 Beds
2 Baths
1,066 Sq Ft
$345/mo HOA Fee

Last Sold November 04, 2014

Last sale price $343,072 $322 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,601/month

Highlights

  • Fitness Center
  • Remodeled in 2014
  • Contemporary Architecture
  • Spring Ridge Elementary School Rated A-
  • Open Floorplan
  • 1-minute walk to Bonita W. Maas Park

About This Home

As of November 2014

The condos at The Gallery on Second is where historic architecture meets contemporary luxury. 6 condos for sale each w/ 2 BR & 2 BA located just steps from everything downtown Frederick has to offer. Upgrades include HW flrs, quartz kitchen counters, ss appls, upgrade cabinets, gas FP, upgrade lighting, exposed brick walls, trey ceilings & more. Elevator building w/ fitness room & courtyard.

Last Agent to Sell the Property

Paul Warthen

(301) 639-5085 paul@warthenteam.com Real Estate Teams, LLC License #0024709 Listed on: 08/27/2014

Real Estate Teams, LLC

Last Buyer's Agent

Magda Morales

(240) 490-9470 Magda@c21redwood.com Century 21 Redwood Realty License #507719

Century 21 Redwood Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 1890 | Remodeled in 2014

Lot Details

  • Historic Home
  • Property is in very good condition

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • HardiePlank Type

Interior Spaces

  • 1,066 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Tray Ceiling
  • Brick Wall or Ceiling
  • 1 Fireplace
  • Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 1102060043

Community Details

Overview

  • Association fees include custodial services maintenance, management
  • 6 Units
  • Low-Rise Condominium
  • The Gallery On Second Community
  • Downtown Frederick Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pet Size Limit

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,983

Year Built

Built in 1890 | Remodeled in 2014

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: Yes
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1890
  • Year Renovated: 2014
  • Remarks Public: The condos at The Gallery on Second is where historic architecture meets contemporary luxury. 6 condos for sale each w/ 2 BR & 2 BA located just steps from everything downtown Frederick has to offer. Upgrades include HW flrs, quartz kitchen counters, ss appls, upgrade cabinets, gas FP, upgrade lighting, exposed brick walls, trey ceilings & more. Elevator building w/ fitness room & courtyard.
  • Special Assessment Payment: Annually
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Eat-In, Primary Bath(s), Elevator, Wood Floors, Floor Plan - Open
  • Window Features: Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, Dry Wall, Tray Ceilings
  • Entry Location: Patio
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1066
  • Living Area Sq Ft: 1066
  • Price Per Sq Ft: 317.00
  • Above Grade Finished Sq Ft: 1066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 344.72
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds, Exercise Room
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Management
  • HOA Condo Co-Op Rules: Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 241400.00
  • Land Assessed Value: 111200.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: DR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10501950
  • Assessor Parcel Number: 1102060043
  • Tax Lot: 1A
  • Tax Total Finished Sq Ft: 6897
  • Tax Year: 2014
  • Close Date: 11/04/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Nov 4, 2014
Sold by
9 East 2Nd Street Llc
Bought by
Jefferson Mary L
Seller's Agent
Paul Warthen
Real Estate Teams, LLC
Buyer's Agent
Magda Morales
Century 21 Redwood Realty
List Price
$337,922
Sold Price
$343,072
Premium/Discount to List
$5,150
1.52%
Current Estimated Value
$506,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,342
Avg. Annual Appreciation
3.76%
Original Mortgage
$136,000
Outstanding Balance
$104,976
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$407,940
Source: Public Records

Range of Values:

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Average Value
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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
Jefferson Mary L $343,072 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Mary L $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2014 11/04/14 Sold $343,072 +1.5% $322 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $337,922 -- $317 / 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 $6,983 $425,000 $125,000 $300,000
2024 $6,983 $396,667 $0 $0
2023 $6,419 $368,333 $0 $0
2022 $6,082 $340,000 $100,000 $240,000
2021 $6,076 $340,000 $100,000 $240,000
2020 $6,120 $340,000 $100,000 $240,000
2019 $6,060 $340,000 $100,000 $240,000
2018 $6,065 $340,000 $100,000 $240,000
2017 $6,044 $340,000 $0 $0
2016 -- $340,000 $0 $0
2015 -- $336,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003182698

Bright MLS

APN: 02-590853