NOT LISTED FOR SALE

1311 N Market St Frederick, MD 21701

Selwyn Farms Neighborhood

Estimated Value: $580,000 - $711,000

5 Beds
3 Baths
3,256 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $542,500 $167 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,111/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • Electric Baseboard Heater
  • North Frederick Elementary School Rated A-
  • No HOA

About This Home

As of May 2023

Stately brick home with 3 units each on own level. Detached 2 car garage that is currently being rented for additional income. Great rental history. Opportunity to live in one and rent the others to go towards your mortgage. Located in the heart of the city, close to downtown and all the new development north of town. Great yard and corner lot.

Last Agent to Sell the Property

Douglas Gardiner

(301) 404-6494 douglas.gardiner@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 01/18/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tara Kluttz

(301) 698-5005 tarakluttz@gmail.com RE/MAX Results License #582543

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R6

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Downtown Frederick Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1102018942

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,428

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-01-18
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: Stately brick home with 3 units each on own level. Detached 2 car garage that is currently being rented for additional income. Great rental history. Opportunity to live in one and rent the others to go towards your mortgage. Located in the heart of the city, close to downtown and all the new development north of town. Great yard and corner lot.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 3
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3534
  • Living Area Sq Ft: 3256
  • Price Per Sq Ft: 244.06
  • Above Grade Finished Sq Ft: 2356
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 278
  • Total Below Grade Sq Ft: 1178
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1311

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

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: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 315500.00
  • Land Assessed Value: 99200.00
  • Land Use Code: R
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Year Assessed: 2022
  • Zoning: R6
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11495566
  • Tax Annual Amount: 7428.00
  • Assessor Parcel Number: 1102018942
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/31/2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
May 31, 2023
Sold by
Edgin Samuel E
Bought by
Hgt Properties Llc
Seller's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
Buyer's Agent
Tara Kluttz
RE/MAX Results
List Price
$575,000
Sold Price
$542,500
Premium/Discount to List
-$32,500
-5.65%
Views
102
Current Estimated Value
$632,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,206
Avg. Annual Appreciation
6.92%
Original Mortgage
$434,000
Outstanding Balance
$422,855
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$209,851

Purchase Details

Listed on
Oct 26, 2018
Closed on
Feb 7, 2019
Sold by
Adeeko Adebola James
Bought by
Edgin Samuel E
Seller's Agent
Gail Mann
Radcliffe Realty Group, LLC
Buyer's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
List Price
$450,000
Sold Price
$432,000
Premium/Discount to List
-$18,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$390,720
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1997
Sold by
Baumgardner Dorsey W
Bought by
Adeeko Adebola James
Source: Public Records

Range of Values:

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Average Value
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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
Hgt Properties Llc $542,500 None Listed On Document
Edgin Samuel E $432,000 Rgs Title Llc
Adeeko Adebola James $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hgt Properties Llc $434,000
Previous Owner Edgin Samuel E $390,720
Previous Owner Adeeko Adebola J $302,500
Previous Owner Adeeko Adebola J $303,750
Previous Owner Adeeko Adebola James $24,500
Closed Adeeko Adebola James --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $542,500 -5.7% $167 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $575,000 +33.1% $177 / Sq Ft
01/31/2019 01/31/19 Sold $432,000 -4.0% $133 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $450,000 -- $138 / 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 $8,876 $511,900 $111,200 $400,700
2024 $8,876 $479,500 $0 $0
2023 $8,050 $447,100 $0 $0
2022 $7,446 $414,700 $99,200 $315,500
2021 $7,194 $405,500 $0 $0
2020 $7,098 $396,300 $0 $0
2019 $6,932 $387,100 $92,200 $294,900
2018 $6,806 $381,567 $0 $0
2017 $6,621 $387,100 $0 $0
2016 $6,555 $370,500 $0 $0
2015 $6,555 $366,167 $0 $0
2014 $6,555 $361,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Gardiner

    Seller's Agent in 2023

    Douglas Gardiner

    Long & Foster

    (301) 404-6494

    3 in this area

    204 Total Sales

    Douglas Gardiner
    Section Image
  • Tara Kluttz

    Buyer's Agent in 2023

    Tara Kluttz

    RE/MAX

    (301) 698-5005

    2 in this area

    37 Total Sales

    Tara Kluttz
    Section Image
  • Gail Mann

    Seller's Agent in 2019

    Gail Mann

    Radcliffe Realty Group, LLC

    (301) 471-5221

    16 Total Sales

    Gail Mann
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDFR2029742

Bright MLS

APN: 02-018942

Maryland Frederick County Frederick 21701 Selwyn Farms

1311 N Market St, Frederick, MD

This home is located at 1311 N Market St, Frederick, MD 21701 since 18 January 2023 and is currently estimated at $632,706, approximately $194 per square foot. This property was built in 1952. 1311 N Market St is a home located in Frederick County with nearby schools including North Frederick Elementary School, Gov. Thomas Johnson Middle School, and Gov. Thomas Johnson High School.

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