tomo logo

$6,900,000

Beds
8
Baths
5.0
sq ft
9,579

1902 Jefferson Pike, Knoxville, MD 21758

1902 Jefferson Pike

KNOXVILLE, MD 21758

  • 343 days on market
    • Price drop $1,100,000↓
Crown Rose Estate is truly exceptional - a rare gem representing nearly 15 years of meticulous renovation and care by the current owners. Their research and restoration efforts infuse character and modern ease throughout the estate. From restored historical finishes to upgraded mechanics, this property's polish shows in delightful details around every corner. The income producing Cottage has just been updated. The flourishing grounds receive professional attention - the rose garden thrives thanks to an expert horticulturalist, while arborists protect the towering landmark Elm, American Chestnut, Korean Chestnut, and Ash trees. For the Arborist, the heritage trees can be the foundation or future American proliferations. Income opportunities abound, including hosting unforgettable events in the storybook event barn, operating the estate's boutique distillery, continuing agricultural activities, establishing a country inn or AirBnB - even using the photogenic grounds as a film location. This land holds enduring magic. Words cannot capture the full scope and potential of Crown Rose Estate. Please review the in-depth brochure enumerating the property's architecture, operations, maintenance and updates, location, and sheer splendor. Prepare to fall in love. Comprehensive brochure in Documents attached. See approved Site Plan in Documents.

Details

Property type

Single Family Residence

Est. home value

$1,934,447

Lot size

75.69 acres

Price per sq ft

$721

Year built

1856

Annual property taxes

$14,767

HOA

No

Price History

09/17/2024
Bright

Bright #MDFR2042292

Price change
$6,900,000
-13.75%
11/26/2023
Bright

Bright #MDFR2042292

Listed
$8,000,000

Schools & Community

Elementary school: 

VALLEY

Middle school: 

BRUNSWICK

High school: 

BRUNSWICK

School district: 

FREDERICK COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of Charles Town

Loan start date

April 2022

Original loan amount

$1,700,000

Est. remaining balance

$1,621,824

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Todd Aaron Lehtonen and The Todd Lehtonen Revocable Trust

Lender

Td Bank Na

Loan start date

August 2014

Original loan amount

$1,044,500

Est. remaining balance

$821,768

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Todd Lehtonen and Tara Lynn Brown Lehtonen

Lender

Lafayette Federal Credit Union

Loan start date

December 2008

Original loan amount

$1,130,014

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Purchase Money Mortgage, 30 year

Seller

Todd Aaron Lehtonen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/03/2024 at 7:40 AM

Listing updated: 10/28/2024 at 2:49 PM

Listed by: Krasimira P Henkel, Properties on the Potomac, INC Phone #: (703) 624-8333

MLS: Bright #MDFR2042292

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