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13101 Fountain Head Rd
Score
77
Hagerstown, MD

13101 Fountain Head Rd

2.4M
4 bd • 7 ba • 6,086 sf

This analysis was generated on 3/12/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$2,400,000

Price/Sq.Ft

$394

Year Built

2008

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Stone Exterior: High-quality stone exterior adds significant curb appeal and value • Slate Roof: Durable and aesthetically pleasing slate roof adds value and longevity • Outdoor Fireplace: Outdoor fireplace enhances outdoor living space and adds value • Gourmet Kitchen: High-end appliances and custom cabinetry in the kitchen add significant value • Hardwood Flooring: Adds warmth and elegance to the interior • Stone exterior • Slate roof • Outdoor fireplace • Gourmet kitchen • Hardwood flooring • Price Position: At $394.35 per square foot, this property is significantly more expensive than the median price per square foot in 21742 ($172). This premium reflects the property's luxury features, golf course location, and proximity to Washington, D.C. • Appreciation Trend: Homes in 21742 have sold for 9.1% more than they did a year ago, indicating a positive appreciation trend. However, this trend may not directly apply to a luxury property like this one. • Negotiation Opportunity: The property has been on the market for 86 days, which is significantly longer than the average in 21742, suggesting potential negotiation opportunities. • Potential Equity: Property could be worth up to $150,000 more than the asking price • Rental Income: $5,640/month with 90% occupancy (0.0% cap rate) • Schools: The presence of a highly-rated elementary school (8/10) adds an estimated 3-5% premium to property values compared to homes in areas with lower-rated schools. The average middle and high school ratings have a neutral impact. • Future Development: The property's location on the Donald Ross golf course suggests a stable environment with limited planned changes. However, potential future development of adjacent lots could impact views and property values.
Stone Exterior

Stone Exterior

High-quality stone exterior adds significant curb appeal and value.

Slate Roof

Slate Roof

Durable and aesthetically pleasing slate roof adds value and longevity.

Outdoor Fireplace

Outdoor Fireplace

Outdoor fireplace enhances outdoor living space and adds value.

Hardwood Flooring

Hardwood Flooring

Adds warmth and elegance to the interior.

The Bad

• High price point ($2,400,000) limits the pool of potential buyers, potentially extending the time on market. • Heat risk is rated as MAJOR (5/10), potentially impacting buyer interest and requiring investment in cooling systems. • Wind risk is MODERATE (3/10), necessitating appropriate insurance coverage.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $67,680 with 90% occupancy rate Value Investors: Projected 16.3% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$73,397

Property History

Price History
Ownership Timeline
$0Financed
Feb 27, 2023
Terry L Randall, Christine RandallTerry L Randall, Christine Randall
Intrafamily Transfer
Non-Arm's Length Transactions
$371,000Cash Purchase
Jan 1, 1970
Beck Robert E & Jean WRandall Terry L & Chris
Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 1, 1970
Beck Robert E & Jean W TrusteesBeck Robert E & Jean W
Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 1, 1970
Beck Robert E Et Al TrusteesBeck Robert E & Jean W Trustees
Deed
Standard Sale (Purchase/Resales)

Property Taxes

$8,811
2024 Tax Assessment
1.2%from previous year
Assessed Value$847,200
Tax Rate1.04%

Market Insights

Real-time analysis of the local housing market

February 2025
Seller's Market

This is currently a competitive market for buyers in 21742. Homes are selling quickly and often above asking price, so be prepared to act fast and make strong offers.

$349,850
$172/sqft
9.1%
Change from last month
Your price: $2.4M (+586%)
Your price/sqft: $394/sqft (+129%)
127
26 sold last month
6.7%
Change from last month
82 days
Average for homes in this area
109.7%
Change from last month
This property: 86 days (+5%)

Sale Price Distribution

Last month
8
Over Asking
homes
6
At Asking
homes
12
Under Asking
homes
Total: 26 homes sold

If you're buying a home in 21742, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Sale Time Distribution

Last month
9
Under 30 Days
homes
10
30-90 Days
homes
Your property
7
Over 90 Days
homes
Total: 26 homes sold

Avg time on Rocket Homes in 21742 has remained consistent over time.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Climate Risks

heatMODERATE

7 extreme heat days per year

98th percentile: 101°F

windMINIMAL

Insurance: Recommended

airMINIMAL

0 bad air quality days per year

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

fireMINIMAL

Insurance: Optional

Risk Analysis

• High price point ($2,400,000) limits the pool of potential buyers, potentially extending the time on market. • Heat risk is rated as MAJOR (5/10), potentially impacting buyer interest and requiring investment in cooling systems. • Wind risk is MODERATE (3/10), necessitating appropriate insurance coverage. • Climate & Insurance: Addressing the major heat risk could involve installing energy-efficient windows and enhanced insulation, with costs ranging from $15,000 to $30,000. Planting shade trees could offer a lower-cost mitigation strategy.

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Schools

Showing top 5 of 6 schools

Fountaindale Elementary School

PublicGrades K-5
8/10
Elementary
382 students

Paramount Elementary School

PublicGrades K-5
7/10
Elementary
392 students

Northern Middle School

PublicGrades 6-8
6/10
Middle
670 students

Western Heights Middle School

PublicGrades 6-8
5/10
Middle
860 students

Maugansville Elementary School

PublicGrades K-5
5/10
Elementary
696 students

Financials

Monthly Costs
Market Rent (4 bed)

$1,880

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