NOT LISTED FOR SALE

18 W 2nd St Frederick, MD 21701

Estimated Value: $897,766

-- Bed
3 Baths
3,960 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $530,000 $134 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,021/month

Highlights

  • No HOA
  • Myersville Elementary School Rated A-
  • Floor Furnace

About This Home

As of May 2016

Reduced to Sell. DOB or IST uses. Historic Downtown Synagogue. Originally Built in 1922 as the Elks Club and started use as a Synagogue in 1923.The building could be converted to residential or multifamily use. Large Open Areas on 1st and 2nd Floor. Marble steps. Large Basement. Located in the heart of downtown Frederick. One block to Courthouse.

Last Agent to Sell the Property

Nancy Green

(800) 727-7653 nancy@ngreen.com Mackintosh, Inc. License #512471 Listed on: 11/04/2015

Last Buyer's Agent

Brian Greenberg

(301) 606-3895 briang1221@me.com Charis Realty Group

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,870

Year Built

  • Built in 1922

Lot Details

  • 2,558 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned IST

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Kitchen in Efficiency Studio

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Utilities

  • Floor Furnace
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102019892

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,870

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1922
  • Remarks Public: Reduced to Sell. DOB or IST uses. Historic Downtown Synagogue. Originally Built in 1922 as the Elks Club and started use as a Synagogue in 1923.The building could be converted to residential or multifamily use. Large Open Areas on 1st and 2nd Floor. Marble steps. Large Basement. Located in the heart of downtown Frederick. One block to Courthouse.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Efficiency
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Full, Rough Bath Plumb
  • Living Area Units: Square Feet
  • Street Number Modifier: 18

Exterior Features

  • Construction Materials: Brick, Stone
  • Pool Private: No
  • 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
  • Heating Fuel: Oil
  • Heating Type: Floor Furnace
  • 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

Lot Info

  • Improvement Assessed Value: 381700.00
  • Land Assessed Value: 127900.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2558
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2558.00
  • Property Attached Yn: No
  • Property Condition: Major Rehab Needed, Below Average
  • Year Assessed: 2015
  • Zoning: IST
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11497652
  • Tax Annual Amount: 8870.32
  • Assessor Parcel Number: 1102019892
  • Tax Total Finished Sq Ft: 3960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/06/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
May 4, 2016
Sold by
Berger Henry W and Long Elissa
Bought by
Weigelt David W and Weigelt Stephanie H
Seller's Agent
Nancy Green
Mackintosh, Inc.
Buyer's Agent
Brian Greenberg
Charis Realty Group
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%
Current Estimated Value
$897,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,766
Avg. Annual Appreciation
5.72%
Original Mortgage
$417,000
Outstanding Balance
$331,202
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$566,564

Purchase Details

Closed on
Apr 27, 2015
Sold by
The Beth Sholom Congregation Of Frederic
Bought by
Long Elissa and Berger Rayner
Source: Public Records

Range of Values:

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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
Weigelt David W $530,000 Attorney
Long Elissa -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigelt David W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $530,000 -11.7% $134 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $599,900 -- $151 / 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 $15,305 $880,100 $234,100 $646,000
2024 $15,305 $830,233 $0 $0
2023 $14,117 $780,367 $0 $0
2022 $13,050 $730,500 $169,500 $561,000
2021 $12,881 $724,633 $0 $0
2020 $12,923 $718,767 $0 $0
2019 $12,693 $712,900 $170,000 $542,900
2018 $12,365 $693,200 $0 $0
2017 $9,073 $527,500 $0 $0
2016 $84 $509,600 $0 $0
2015 $84 $505,133 $0 $0
2014 $84 $500,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001194343

Bright MLS

APN: 02-019892