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$535,000

Beds
4
Baths
3.5
sq ft
2,950

2526 Mill Race Rd, Frederick, MD 21701

2526 Mill Race Rd

FREDERICK, MD 21701

  • 120 days on market
    • Price drop $4,000↓
Price improvement-$535,000! Beautiful luxury townhome with almost 3,000 finished square feet in sought after Worman's Mill. Low HOA!This beautiful and spacious home features a grand foyer with curved staircase. Gleaming hardwood floors adorn first and second floor of the home. The main level has a formal living and dining room, kitchen with eat-in space, granite countertops, and stainless appliances. Adjoining the kitchen is a large family room with gas fireplace. Out back, a fully-fenced yard with paver patio and grass area provide ample space for entertaining. The yard also leads to a 2 car detached garage. Roof replaced in 2021. Upstairs, there are 3 bedrooms including a very large primary suite with cathedral ceilings and loft area. The basement is fully finished with an additional bedroom and full bath. Worman's Mill is conveniently located to schools, shops, restaurants, and downtown Frederick.

Details

Property type

Townhouse

Est. home value

$553,657

Lot size

2,641 sq ft

Price per sq ft

$182

Year built

2010

Annual property taxes

$8,233

Monthly HOA fee

$111

Price History

09/26/2024
Bright

Bright #MDFR2051354

Price change
$535,000
-0.74%
07/13/2024
Bright

Bright #MDFR2051354

Listed
$539,000
+11.13%
12/07/2021
Bright

Bright #MDFR2007266

Sold
$485,000
+29.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Street Lights

School district: 

FREDERICK COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$20,990
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$471,210
Cash to seller
$20,990

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$502,460

Est. remaining balance

$471,210

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Chad B Hickman and Michelle L Hickman

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: 11/08/2024 at 5:55 AM

Listing updated: 09/26/2024 at 8:35 PM

Listed by: Jeannette A Bingaman, Long & Foster Real Estate, Inc. Phone #: (301) 694-8000

MLS: Bright #MDFR2051354

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