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404 Parkland Drive

404 Parkland Drive, Stephenson, VA 22656
Property in Frederick
Sold Oct 27, 2020
$399,528
$311,631 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 404 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 7,405 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 404 Parkland Drive has a total of 2,186 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 699 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 404 Parkland Drive sold most recently in Oct 26, 2020 for a total of $399,528. If you work out the math, that's approximately a cost of $182.77 per sqft. Before that, the property was also sold for $93,500 in Jun 16, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,373 in taxes each year. 404 Parkland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $465,200. If we break it down further, the land itself was valued at $77,000. Improvements to the property, however, were assessed at a total of $388,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 2,186
  • Garage Type: Garage
  • Garage Square Area: 699
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,186
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SNOWDEN BRIDGE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: SNOWDEN BRIDGE L1563

Ownership

  • Current Owner : DERICOTTE KEITH
  • Current Owner 2: DERRICOTTE PATRICIA HACKLEY
  • 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: 8051638
  • Parcel: 44E15-11563
  • Latitude: 39.2184
  • Longitude: -78.0962

    Address

  • Full Address: 404 Parkland Dr
  • Address - House Number: 404
  • 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: $2,373

    Appraisal Valuation

  • Standard Deviation: 0.142
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 83
  • Final Value: 511,913
  • High Value: 584,642
  • Low Value: 439,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,631
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $311,631
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $465,200
  • Market Land Value: $77,000
  • Market Improvement Value: $388,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,200
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $388,200

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11799535521
  • Current Sale Price: $399,528
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 200015211
  • 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: Oct 27, 2020
  • First Mortgage Loan Amount: $311,631
  • 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 404 Parkland Drive located in?
The 404 Parkland Drive is a located in the neighborhood of Frederick in Frederick, Stephenson.
What is the average sales price for listings in 404 Parkland Drive?
The average sales price for units in 404 Parkland Drive is $0 currently.

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