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$875,000

Beds
4
Baths
3.5
sq ft
3,512

8029 Ridge Rd, Frederick, MD 21702

8029 Ridge Rd

FREDERICK, MD 21702

  • 4 days on market
This lovely custom home has been meticulously enhanced and upgraded. With gorgeous sunset views over Middletown Valley and well-planned landscaping, you’ll enjoy the outdoors as much as the luxurious interior of 8029 Ridge Rd. Hundreds of blooms color the yard throughout spring and summer. This custom-built colonial has 3 finished levels with an open floor plan on the main living level. Enjoy the benefits of a whole-house generator and full perimeter Ring camera security system. Recent upgrades include: recessed lighting, refinished hardwood floors on both levels, remodeled all bathrooms, installed custom woodwork detailing in dining room and staircase, replaced balusters with wrought iron, installed built-in bookcases and new carpet in downstairs family room, new shutters, new paint throughout, new closet organizers. Converted one bedroom into a spacious changing room with built-ins. Kitchen has quartz countertops and custom cabinetry, with a gas stove and breakfast area. More storage is available in the laundry/pantry room connecting the kitchen to the large 2-car garage with epoxy floor coating. Enjoy a cozy gas fireplace in the living room or head downstairs to the family room for even more space. Don’t miss the subtle storage at the bottom of the staircase. The lower level is a fully finished walk-out basement, with a wet bar, bathroom and bonus room with closet. This home is a true gem, with privacy, refinement and tasteful touches throughout.

Details

Property type

Single Family Residence

Est. home value

$735,309

Lot size

1.09 acres

Price per sq ft

$250

Year built

1996

Annual property taxes

$5,481

HOA

No

Price History

03/11/2025
Bright

Bright #MDFR2060466

Listed
$875,000
+26.81%
03/11/2022
Bright

Bright #MDFR2013808

Sold
$690,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

MIDDLETOWN

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

$196,033
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$608,967
Cash to seller
$196,033

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

Seller’s Loan History

Lender

George Mason Mortgage Llc

Loan start date

March 2022

Original loan amount

$647,200

Est. remaining balance

$608,967

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Robert Jepson and Idelys Jepson

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: 03/11/2025 at 9:40 PM

Listing updated: 03/11/2025 at 9:34 AM

Listed by: Amy Dudrow, Charis Realty Group Phone #: (240) 913-9339

MLS: Bright #MDFR2060466

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