NOT LISTED FOR SALE

5425 Thornwood Terrace Mount Airy, MD 21771

Estimated Value: $401,000 - $542,000

12 Acres
$37,557 Price per Acre
521,849 Sq Ft Lot

Last Sold November 27, 2024

Last sale price $405,000

Est. 11% increase in value since last sale

Current estimated payment $2,578/month

70 Days on Market

Highlights

  • View of Trees or Woods
  • 11.98 Acre Lot
  • No HOA
  • Twin Ridge Elementary School Rated A-

About This Lot

As of November 2024

Welcome to 5425 Thornwood Terrace! The most secluded homesite and your last chance to purchase within the prestigious Parr's Landing community with no HOA! This expansive parcel of land spans an impressive 11.98 Acres offering an unrivaled opportunity to create your custom estate in a picturesque setting . The open acreage of this land is equally secluded by Forest Conservation and is situated adjacent to Mount Airy Park's nearly 100 acres of open space. This property boasts both breathtaking wooded and pastoral views, making it a horse friendly property and is exclusively located just outside The Town of Mount Airy limits offering both tranquility and convenience to downtown amenities.

Zoned Agricultural, this parcel presents endless possibilities for those seeking a lifestyle that integrates seamlessly with nature. ?The owners have meticulously improved this final parcel to accommodate any size home, providing the perfect canvas for realizing your vision of a truly remarkable estate. Don't miss this rare opportunity to own a piece of land that embodies elegance, exclusivity, and the potential to bring your dream home to life.

Last Listed By

Michael Bennett

Compass License #17562 Listed on: 08/18/2024

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,500

Lot Details

  • 11.98 Acre Lot
  • Zoning described as Agricultural Residential Use

Property Views

  • Woods
  • Pasture

Schools

  • Twin Ridge Elementary School
  • Windsor Knolls Middle School
  • Linganore High School

Utilities

  • Well
  • Mound Septic
  • Perc Approved Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1118379031

Property Details

Property Type

Land

Est. Annual Taxes

$4,500

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 5425 Thornwood Terrace! The most secluded homesite and your last chance to purchase within the prestigious Parr's Landing community with no HOA! This expansive parcel of land spans an impressive 11.98 Acres offering an unrivaled opportunity to create your custom estate in a picturesque setting . The open acreage of this land is equally secluded by Forest Conservation and is situated adjacent to Mount Airy Park's nearly 100 acres of open space. This property boasts both breathtaking wooded and pastoral views, making it a horse friendly property and is exclusively located just outside The Town of Mount Airy limits offering both tranquility and convenience to downtown amenities. Zoned Agricultural, this parcel presents endless possibilities for those seeking a lifestyle that integrates seamlessly with nature. 
The owners have meticulously improved this final parcel to accommodate any size home, providing the perfect canvas for realizing your vision of a truly remarkable estate. Don't miss this rare opportunity to own a piece of land that embodies elegance, exclusivity, and the potential to bring your dream home to life.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.80
  • Street Number Modifier: 5425

Beds/Baths

  • Bedrooms Perc Count: 4

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic, Mound System
  • Utilities: Electric Available, Cable Tv Available
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: TWIN RIDGE
  • Middle School: WINDSOR KNOLLS
  • High School: LINGANORE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139693024
  • School District Source: Listing Agent
  • Elementary School: TWIN RIDGE
  • High School: LINGANORE
  • Middle Or Junior School: WINDSOR KNOLLS

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 11.98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 521848.80
  • Perc Type: Approved
  • Zoning: A
  • Zoning Description: Agricultural Residential Use
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4500.00
  • Assessor Parcel Number: 1118379031
  • Tax Year: 2024
  • Close Date: 11/27/2024

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Nov 21, 2024
Sold by
Rupert Utha Jean and Rigler Family Trust
Bought by
Jordan Ronald T and Jordan Emily E
Seller's Agent
Michael Bennett
Compass
Buyer's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Total Days on Market
70
Views
126
Current Estimated Value
$449,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,928
Avg. Annual Appreciation
29.25%
Original Mortgage
$928,000
Outstanding Balance
$928,000
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
-$478,072

Purchase Details

Closed on
Dec 29, 2014
Sold by
Rigler Timothy Link and Rigler Regina Warfield
Bought by
Rigler Timothy Link and Rigler Regina Warfield

Purchase Details

Closed on
Apr 22, 2005
Sold by
Rigler Leslie B
Bought by
Rigler Leslie B

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jordan Ronald T $405,000 Rgs Title
Rigler Timothy Link -- None Available
Rigler Timothy Link -- None Available
Rigler Leslie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Ronald Tyler $928,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $405,000 -2.4% --
10/27/2024 10/27/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $415,000 -7.8% --
08/18/2024 08/18/24 For Sale $450,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $869 $71,800 $71,800 $0
2023 $1,756 $149,800 $149,800 $0
2022 $1,756 $149,800 $149,800 $0
2021 $79 $6,800 $6,800 $0
2020 $80 $6,800 $6,800 $0
2019 $79 $6,800 $6,800 $0
2018 $80 $6,800 $6,800 $0
2017 $79 $6,800 $0 $0
2016 $79 $6,800 $0 $0
2015 $79 $6,800 $0 $0
2014 $79 $6,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Bright MLS

MLS Number: MDFR2052898

Bright MLS

APN: 18-379031