Seller's Agent in 2025
Anthony Verdi
IMPACT Maryland Real Estate
(301) 514-2403
1 in this area
262 Total Sales
127 Water St Frederick, MD 21701
East Frederick Neighborhood
2
Beds
1.5
Baths
1,092
Sq Ft
1,808
Sq Ft Lot
Highlights
- Colonial Architecture
- 3-minute walk to Frederick
- No HOA
- Spring Ridge Elementary School Rated A-
- Wood Flooring
- Den
About This Home
As of August 2025127 Water Street – Downtown Frederick Living at Its Finest
Just steps off Carroll Creek, in the very heartbeat of Downtown Frederick, sits a home that blends charm, convenience, and that unmistakable Frederick vibe.
Imagine a Thursday evening... you stroll two blocks to catch Alive at Five, music floating through the air as you grab a drink and watch the sun set over Carroll Creek. Saturday morning, you wander over to the Farmers Market for fresh bread and flowers. Dinner? Take your pick—award‐winning restaurants, iconic breweries, and cozy cafes are all within walking distance. And on First Saturdays, the whole city comes alive right outside your door.
Now picture coming home to 127 Water Street—a freshly updated 2‐bedroom, 1.5‐bath home that’s been thoughtfully freshened up inside, including a brand‐new AC system for peace of mind. The layout is cozy and functional, but what truly sets this home apart are the rare Downtown Frederick features everyone dreams of:
Driveway parking for two cars (no circling the block hunting for a spot!)
A fenced rear yard, perfect for pets, gardening, or a quiet evening by the firepit.
A quiet, tucked‐away street that isn’t a through street—less traffic, more peace.
It’s all here—the energy of downtown living paired with the comfort of a home that makes life easy. If you’ve been dreaming of that Frederick lifestyle where you can walk to everything yet retreat to your own private space, 127 Water Street is calling your name.
Come experience it for yourself... and fall in love with what makes Downtown Frederick so special.
Last Agent to Sell the Property
(301) 514-2403 ericverdi.impact@gmail.com IMPACT Maryland Real Estate Listed on: 07/23/2025
Last Buyer's Agent
(301) 329-6193 admin@troycegatewood.com Real Broker, LLC - Frederick
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,418
Year Built
- Built in 1880
Lot Details
- 1,808 Sq Ft Lot
- Back Yard Fenced
- Property is in very good condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Architectural Shingle Roof
- Rubber Roof
- Stone Siding
Interior Spaces
- Property has 2 Levels
- Family Room
- Combination Dining and Living Room
- Den
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1102042665
Community Details
Overview
- No Home Owners Association
- Downtown Frederick Subdivision
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2025
Closed on
Aug 14, 2025
Sold by
Offerpro Homes Llc
Bought by
Gilbert Merle L and Gilbert Michelle P
Seller's Agent
Anthony Verdi
IMPACT Maryland Real Estate
Buyer's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
List Price
$399,997
Sold Price
$400,000
Premium/Discount to List
$3
0.0%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.91%
Original Mortgage
$413,200
Outstanding Balance
$413,200
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$21,017
Purchase Details
Listed on
Jul 23, 2025
Closed on
Jun 16, 2025
Sold by
Sayed Shereef
Bought by
Offerpro Homes Llc
Seller's Agent
Anthony Verdi
IMPACT Maryland Real Estate
Buyer's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
List Price
$399,997
Sold Price
$400,000
Premium/Discount to List
$3
0.0%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Outstanding Balance
$413,200
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$21,017
Purchase Details
Listed on
Mar 11, 2021
Closed on
Apr 15, 2021
Sold by
Hanson Vicki J and Hanson Carl A
Bought by
Sayed Shereef
Seller's Agent
Christopher Miller
Samson Properties
Buyer's Agent
Nicole Aliev
Charis Realty Group
List Price
$274,900
Sold Price
$296,000
Premium/Discount to List
$21,100
7.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$261,900
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 4, 2016
Sold by
Hanson Vicki J and Gatewood Vicki J
Bought by
Hanson Vicki J and Hanson Carl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,650
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2005
Sold by
Baisey Thomas G
Bought by
Gatewood Vicki J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 26, 2005
Sold by
Baisey Thomas G
Bought by
Gatewood Vicki J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 24, 1992
Sold by
Baisey Thomas F
Bought by
Baisey Thomas G
Purchase Details
Closed on
Mar 1, 1990
Sold by
Fogle Alice L
Bought by
Baisey Thomas F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
10.31%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | None Listed On Document | |
| Deed | $400,000 | None Listed On Document | |
| Deed | $297,000 | Lawyers Signature Settlements | |
| Deed | $297,000 | Lawyers Signature Settlements | |
| Deed | $296,000 | Covenant Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | National Link | |
| Deed | $199,999 | -- | |
| Deed | $199,999 | -- | |
| Deed | $18,300 | -- | |
| Deed | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $413,200 | VA | |
| Closed | $413,200 | VA | |
| Previous Owner | $261,900 | New Conventional | |
| Previous Owner | $159,650 | New Conventional | |
| Previous Owner | $179,950 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $42,500 | No Value Available | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $400,000 | 0.0% | $366 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $399,997 | +35.1% | $366 / Sq Ft |
| 04/15/2021 04/15/21 | Sold | $296,000 | +7.7% | $282 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/11/2021 03/11/21 | For Sale | $274,900 | -- | $262 / 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 |
|---|---|---|---|---|
| 2025 | $4,464 | $286,600 | $115,000 | $171,600 |
| 2024 | $4,464 | $238,767 | $0 | $0 |
| 2023 | $3,488 | $190,933 | $0 | $0 |
| 2022 | $2,627 | $143,100 | $59,000 | $84,100 |
| 2021 | $2,563 | $139,333 | $0 | $0 |
| 2020 | $2,509 | $135,567 | $0 | $0 |
| 2019 | $2,418 | $131,800 | $59,000 | $72,800 |
| 2018 | $2,350 | $131,733 | $0 | $0 |
| 2017 | $2,202 | $131,800 | $0 | $0 |
| 2016 | $1,853 | $131,600 | $0 | $0 |
| 2015 | $1,853 | $131,600 | $0 | $0 |
| 2014 | $1,853 | $131,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Verdi
-
Troyce Gatewood
Buyer's Agent in 2025
Troyce Gatewood
Real Broker, LLC - Frederick
(301) 329-6193
41 in this area
1,049 Total Sales
-
Christopher Miller
Seller's Agent in 2021
Christopher Miller
Samson Properties
(443) 223-8122
3 in this area
73 Total Sales
-
Nicole Aliev
Buyer's Agent in 2021
Nicole Aliev
Charis Realty Group
(301) 305-5169
2 in this area
52 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2067796
APN: 02-042665
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