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5928 Forum Square

5928 Forum Square, Frederick, MD 21703
Property in Frederick
Sold Nov 05, 2021
$413,290
$290,303 by Lennar Mortgage Llc
Mortgage Due Dec 01, 2051
5928 Forum Square has been categorized by the local assessors in Frederick, MD as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The area measurement of the land has been determined as 2,497 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building on the property is connected to a sewer system. The property was last sold in Nov 3, 2021 for $413,290. 5928 Forum Square was last assessed in 2023. The total value of the property was assessed at $310,000. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $220,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,167. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,497
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1B1B 2,497 SQ FT JEFFERSON PLACE AT JEFFE

Ownership

  • Current Owner : LING CHENYI
  • Previous Owner : U S HOME CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frederick County Public Schools
  • Census Tract: 751004

Geography

  • Assessors Map Reference: 76F 17 568
  • Account Number: 602652
  • District: 23
  • Parcel: 23-602652
  • Latitude: 39.3951
  • Longitude: -77.4534

    Address

  • Full Address: 5928 Forum Sq
  • Address - House Number: 5928
  • Address - Street Name: Forum
  • Address - Suffix Type: Sq
  • State: MD
  • City Name: Frederick
  • Carrier Code: R075
  • 4-Digit Zip Code: 2890
  • Zip Code: 21703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,167

    Appraisal Valuation

  • Standard Deviation: 0.1002
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 90
  • Final Value: 420,547
  • High Value: 462,701
  • Low Value: 378,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,303
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $290,303
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $90,000
  • Market Improvement Value: $220,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,000
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $220,000

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11865947850
  • Current Sale Price: $413,290
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $290,303
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 5928 Forum Square located in?
The 5928 Forum Square is a located in the neighborhood of Frederick in Ballenger Creek, Frederick.
What is the average sales price for listings in 5928 Forum Square?
The average sales price for units in 5928 Forum Square is $0 currently.

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