Seller's Agent in 2023
Scott Peterson
Keller Williams Realty Centre
(301) 514-7015
2 in this area
28 Total Sales
101 E 3rd St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated Value: $713,000 - $830,000
--
Bed
3
Baths
2,642
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Stainless Steel Appliances
- Programmable Thermostat
- 3-minute walk to East 3rd Street Park
- Spring Ridge Elementary School Rated A-
- Electric Baseboard Heater
About This Home
As of November 2023***INVESTOR ALERT!*** Welcome to 101 East 3rd Street, a fantastic multi-family property located in
the heart of Frederick's historic District. This charming three-unit apartment building is now available for
sale, offering an excellent investment or house hack opportunity. Each unit within this well-maintained
building boasts its own unique features with some charming historic touches as well as modern updates.
There are two 1-bedroom units and a 2-bedroom unit that provide comfortable living spaces with lots of
natural light. Two of the units have rear balconies and the lower unit has a rear sunroom. Recently
renovated kitchens showcase stainless steel appliances and stunning quartz countertops, creating a
modern and inviting atmosphere. Additionally, all three bathrooms have been tastefully updated. The
entire building boasts refinished hardwood floors, providing a timeless elegance throughout. For added
comfort, each unit has new HW heaters and ductless mini split heat pumps, ensuring a cozy
environment year-round. The electric and plumbing was brought to code and work was permitted
through the city. Conveniently situated just a half block away from Market St on the corner of Maxwell
Alley, this property offers easy access to the vibrant shops, restaurants, and entertainment options that
Frederick has to offer. With its prime location and attractive updates, this multi-family property presents
an incredible opportunity for investors or those seeking a multi-generational living arrangement. Don't
miss out on this wonderful chance to own a piece of Frederick's history!
***Also, there is a separate 550 sq ft parcel that includes a 1 car oversize garage with stairs to full size loft area and a driveway with 1 parking spot at the rear of the building that is being sold separately. The
parcel will be 1st offered to purchaser of the building before being listed.***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,742
Year Built
- Built in 1880
Lot Details
- 1,619 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Metal Roof
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Unfinished Basement
- Exterior Basement Entry
- Shelving
Parking
- 1 Parking Space
- 1 Off-Street Space
- On-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Electric Baseboard Heater
- Programmable Thermostat
- Electric Water Heater
Community Details
- 3 Units
- 3 Vacant Units
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 1102081717
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2023
Sold by
Oconnor Walter
Bought by
Bhm Renovations Llc
Total Days on Market
12
Current Estimated Value
Purchase Details
Closed on
Sep 11, 2002
Sold by
Lambertson John P
Bought by
O'Connor Walter and O'Connor Patricia
Purchase Details
Closed on
Jan 6, 1988
Sold by
Meier Robert A and Meier Marleen B
Bought by
Lambertson John P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,421
Interest Rate
10.61%
Purchase Details
Closed on
Oct 29, 1985
Sold by
Downs Robert L and Downs Sherry A
Bought by
Meier Robert A and Meier Marleen B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
12.07%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bhm Renovations Llc | $439,000 | Clear Title | |
| O'Connor Walter | $260,000 | -- | |
| Lambertson John P | $132,000 | -- | |
| Meier Robert A | $125,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bhm Renovations Llc | $335,000 | |
| Closed | Bhm Renovations Llc | $335,000 | |
| Previous Owner | Lambertson John P | $119,421 | |
| Previous Owner | Meier Robert A | $120,000 | |
| Closed | O'Connor Walter | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2023 11/27/23 | Sold | $710,000 | -2.7% | $269 / Sq Ft |
| 11/07/2023 11/07/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $730,000 | -- | $276 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,255 | $445,600 | $0 | $0 |
| 2023 | $7,477 | $411,000 | $0 | $0 |
| 2022 | $6,767 | $376,400 | $150,000 | $226,400 |
| 2021 | $6,543 | $363,433 | $0 | $0 |
| 2020 | $6,288 | $350,467 | $0 | $0 |
| 2019 | $6,055 | $337,500 | $103,300 | $234,200 |
| 2018 | $5,827 | $321,733 | $0 | $0 |
| 2017 | $5,490 | $337,500 | $0 | $0 |
| 2016 | $5,869 | $290,200 | $0 | $0 |
| 2015 | $5,869 | $290,200 | $0 | $0 |
| 2014 | $5,869 | $290,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Peterson
-
Kaycie Dahan
Buyer's Agent in 2023
Kaycie Dahan
Keller Williams Realty Centre
(240) 353-8610
2 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2041020
APN: 02-081717
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