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400 Parkland Drive

400 Parkland Drive, Stephenson, VA 22656
Property in Frederick
Sold Nov 02, 2020
$395,530
$316,424 by First Heritage Mortgage Llc
Mortgage
Sold Jun 19, 2020
$93,500
$1,750,000 by Summit Community Bank
Mortgage
Local assessors in Stephenson, VA have categorized 400 Parkland Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 9,583 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 400 Parkland Drive has a total of 3,088 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 743 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 410 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 400 Parkland Drive was last sold in Oct 29, 2020 for $395,530. According to our calculations, that's $128.09 per sqft. Prior to that sales transaction, the property was sold for $93,500 in Jun 16, 2020. Current property owners are expected to pay $2,702 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 400 Parkland Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $529,900. To break that down further, the land itself was valued at $77,000. While improvements to the property were assessed at a total of $452,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 743
  • Garage Type: Garage
  • Garage Square Area: 410
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,088
  • Building Area: 3,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,088
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SNOWDEN BRIDGE SD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: SNOWDEN BRIDGE L1565 S15

Ownership

  • Current Owner : LEMUS KATIE MARIE
  • Current Owner 2: LEMUS DAVID
  • Previous Owner : IHMW SNOWDEN BRIDGE LLC
  • Owner Before Previous Owner: BROOKFIELD STEPHENSON VILLAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frederick County Public Schools
  • Census Tract: 050100

Zoning

  • Zoning: MULTI-FAMI

Geography

  • Account Number: 8051640
  • Parcel: 44E15-11565
  • Latitude: 39.2187
  • Longitude: -78.0966

    Address

  • Full Address: 400 Parkland Dr
  • Address - House Number: 400
  • Address - Street Name: Parkland
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Stephenson
  • Carrier Code: R003
  • 4-Digit Zip Code: 2084
  • Zip Code: 22656

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,702
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 82
  • Final Value: 562,867
  • High Value: 646,453
  • Low Value: 479,280

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $406,424
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $316,424
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: TOWER FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 20, 2022
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 25, 2052

    Market Valuation

  • Market Total Value: $529,900
  • Market Land Value: $77,000
  • Market Improvement Value: $452,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,900
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $452,900

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11803574519
  • Current Sale Price: $395,530
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200015574
  • Previous Sale Recording Date: Jun 19, 2020
  • Previous Sale Contract Date: Jun 16, 2020
  • Previous Sale Amount: $93,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $316,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jun 19, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Frederick



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Frequently Asked Questions

What neighborhood is 400 Parkland Drive located in?
The 400 Parkland Drive is a located in the neighborhood of Frederick in Frederick, Stephenson.
What is the average sales price for listings in 400 Parkland Drive?
The average sales price for units in 400 Parkland Drive is $0 currently.

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