NOT LISTED FOR SALE

Estimated Value: $406,000

5 Beds
4 Baths
2,626 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $618,000 $235 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $2,140/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Radiator
  • 3-minute walk to East 3rd Street Park
  • Spring Ridge Elementary School Rated A-

About This Home

As of July 2022

Rare find - 3 unit Multi-Family in downtown Frederick. Walk to restaurants, shops, art galleries, Baker Park and more. Fully rented month to month. Fabulous location.

Last Agent to Sell the Property

Douglas Gardiner

(301) 404-6494 douglas.gardiner@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/13/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ryan Bonheyo

(240) 344-8440 contact@ryanbonheyo.com ExecuHome Realty License #SP40002818

ExecuHome Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,705

Year Built

  • Built in 1877

Lot Details

  • 2,940 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102067730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,705

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1877
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Slab
  • Total Sq Ft: 3084
  • Living Area Sq Ft: 2626
  • Price Per Sq Ft: 280.77
  • Above Grade Finished Sq Ft: 2226
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 458
  • Total Below Grade Sq Ft: 858
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 271200.00
  • Land Assessed Value: 172300.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2940.00
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11500760
  • Tax Annual Amount: 7705.00
  • Assessor Parcel Number: 1102067730
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 1988
Sold by
Cobaugh Grace K
Bought by
Quinn Chapel Ame Church
Current Estimated Value
$406,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
10.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quinn Chapel Ame Church $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Quinn Chapel Ame Church $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $618,000 -1.1% $235 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $625,000 -- $238 / Sq Ft
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
2025 $88 $358,200 $152,000 $206,200
2024 $88 $337,100 $0 $0
2023 $88 $316,000 $0 $0
2022 $88 $294,900 $152,000 $142,900
2021 $88 $283,600 $0 $0
2020 $88 $272,300 $0 $0
2019 $88 $261,000 $128,200 $132,800
2018 $88 $246,800 $0 $0
2017 $88 $261,000 $0 $0
2016 $88 $218,400 $0 $0
2015 $88 $213,200 $0 $0
2014 $88 $208,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2018624

Bright MLS

APN: 02-023733