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$1,200,000

Beds
5
Baths
4.5
sq ft
5,682

5316 Stone Rd, Frederick, MD 21703

5316 Stone Rd

FREDERICK, MD 21703

  • 15 days on market
You name it this property has it !!! and is located 13minutes from Downtown Frederick! Culinary inspired Kitchen with an Expansive Island, Gas Cooking, Stainless Steel Appliances, and walk-in Pantry with barn door. stunning primary Bedroom on the Main Level, with its own fireplace, luxury bath with shower, lavish tub and a large walk-in closet featuring a custom closet system. The dining room and kitchen flow seamlessly into a beautifully lit living room making it ideal for family gatherings and entertaining. The Upper-Level retreat awaits, three bedrooms, two ensuite bathrooms and a versatile loft can be found on the second level. But wait there is more! Need Space for a family member? This Basement is the answer, a full in-law suite with a separate entrance, parking space and covered patio. Inside you will find a generous living room with its own fireplace, bathroom, office/guest room and a full kitchen. The additional 800sf of storage space this basement offers is the solution for any organizational dilemma. At the end of the driveway a large Muti Purpose storage shed can be found along with a 2-car Garage with one additional bay for storage or could be converted back for parking use. The Chicken Coop will be a glamorous upgrade for your feathered friends. And if that's not enough there are TWO Accessory Structures on the property. One can be used as the ultimate mancave, or office and the other is currently being used as a Roadside Stand. Interested buyer to verify with zoning for other potential desired uses. Property is turnkey ready for the next flower farmer, raised beds galore and Hoop House. Large newly paved and lined parking lot is all set to go at the Roadside Stand. And not to be forgotten the one and only Dahlia Den, be ready to host endless outdoor occasions here! Professional Photos coming Soon Stay tuned for more information on this extraordinary property!

Details

Property type

Single Family Residence

Est. home value

$948,782

Lot size

12.4 acres

Price per sq ft

$212

Year built

1975

Annual property taxes

$7,436

HOA

No

Price History

06/20/2024

Bright #MDFR2049824

Listed
$1,200,000
+42.86%
07/13/2021

Bright #MDFR282468

Sold
$840,000
+64.71%
06/06/2019

Bright #MDFR246886

Sold
$510,000

Schools & Community

Elementary school: 

CARROLL MANOR

Middle school: 

BALLENGER CREEK

High school: 

TUSCARORA

School district: 

FREDERICK COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$356,417
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$747,583
Cash to seller
$356,417

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

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

July 2021

Original loan amount

$798,000

Est. remaining balance

$747,583

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Leigh Anne Thompson

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: 06/26/2024 at 2:50 PM

Listing updated: 06/21/2024 at 12:47 PM

Listed by: Nicole T Krietz, Long & Foster Real Estate, Inc. Phone #: (301) 694-8000

MLS: Bright #MDFR2049824

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