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$625,000

Beds
3
Baths
2.0
sq ft
1,586

8600 Chestnut Grove Rd, Frederick, MD 21701

8600 Chestnut Grove Rd

FREDERICK, MD 21701

  • Coming soon
Rancher on 1.33 acres with a barn, huge outbuilding & a fenced in pool. Walk into your spacious living room with natural oak hardwood flooring & a wood burning fireplace. Kitchen with custom cabinets, lots of counter space and updated appliances. Dining room off kitchen with chair rail molding and bay window. Sunroom with views of the backyard and pool. Owners bedroom with private bathroom with an updated shower with ceramic tile and a glass door. Bedrooms 2 & 3 are a great size and share a 2nd full bathroom. Huge unfinished basement with room for the next owner to add finished sq feet to the home. Nice back patio great for grilling on summer days. Pool area is fenced and has a covered area to keep in the shade while entertaining guests in the pool. The pool does need some TLC and is currently not operational. Massive garage that could be a repair shop for a mechanic or you can store your boat and sports car. Two level outbuildings that could be converted into an amazing man cave of she shed. This can be a perfect game room oasis. Great location in the country but close to shopping, restaurants and major highways.

Details

Property type

Single Family Residence

Est. home value

$455,032

Lot size

1.33 acres

Price per sq ft

$395

Year built

1966

Annual property taxes

$4,195

HOA

No

Price History

08/29/2023
Bright

Bright #MDFR2036936

Sold
$519,200

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$191,330
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$383,670
Cash to seller
$191,330

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2023

Original loan amount

$389,400

Est. remaining balance

$383,670

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Shary Moxley and Carl Frederick Peterson Jr

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: Coming Soon

Tomo last checked: 02/23/2025 at 8:25 PM

Listing updated: 02/23/2025 at 6:59 PM

Listed by: Craig P Marsh, Marsh Realty Phone #: (301) 696-1196

MLS: Bright #MDFR2059982

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