tomo logo

$380,000

Beds
3
Baths
2.5
sq ft
Unknown

6240 Margarita Way, Frederick, MD 21703

6240 Margarita Way

FREDERICK, MD 21703

  • 30 days on market
Don't miss out on your chance to own a gorgeous, end-unit condo in the up and coming Jefferson Place. Why wait for a unit to be built when this one is ready and waiting for you to call it home. Featuring an open floor plan with loads of extra natural light, a beautiful kitchen with granite counters and dark cabinets to compliment the stainless steel appliances, large owner's suite with a full bathroom that includes a dual vanity with granite countertops & large walk-in shower, plus 2 walk-in closets. The upstairs also boasts spacious secondary bedrooms - one of which has direct access to the balcony, a roomy full bathroom in the hall and a separate laundry room on the upper level. Enjoy all of the amenities that Jefferson place has to offer while being located conveniently near shopping, restaurants and the accessibility to the highways. Directions: Jefferson Pike to Jefferson Commons Way, at roundabout, continue on Jefferson Station Blvd, right onto Margarita Way

Details

Property type

Condominium

Est. home value

$363,423

Lot size

Unknown

Price per sq ft

Unknown

Year built

2017

Annual property taxes

$3,593

Monthly HOA fee

$106

Price History

01/10/2025
Bright

Bright #MDFR2057894

Listed
$380,000
+24.59%
10/23/2020
Bright

Bright #MDFR270314

Sold
$305,000
+16.82%
11/13/2017
Bright

Bright #1004343737

Sold
$261,080

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$66,365
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$283,235
Cash to seller
$66,365

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

Seller’s Loan History

Lender

Atlantic Coast Mortgage

Loan start date

October 2020

Original loan amount

$312,015

Est. remaining balance

$283,235

Interest rate

2.93%

Loan type

VA, 30 year

Seller

Naquasha Hill

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: 01/22/2025 at 2:00 AM

Listing updated: 01/13/2025 at 7:54 PM

Listed by: Tonya P Proctor, EXP Realty, LLC Phone #: (833) 335-7433

MLS: Bright #MDFR2057894

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