$760,000
SOLD JAN 27, 2025
Studio
-- Bath
3,206 Sq Ft
3,233 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

11% Below List Price

54 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Dual Staircase
  • Main Floor Bedroom
  • Parkway Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of January 2025

OWNER OCCUPIED INVESTMENT ALERT!!!! Live in 1 unit while renting out the other 2 units and build equity while other people pay a majority of your mortgage payment. Lender offering loan with only 3.5% down with Interest rates between 5.5%-6.5% depending on credit score and debt to income ratio for owner occupants. This loan product is not specific to this property and it is not Seller Financing. Own a piece of Frederick History with this iconic building but with all the LUXURY of today! This 3 unit apartment building has been fully renovated with stainless steel appliances, granite countertops, stunning walk in showers w/ modern tile work and beautiful baths . Original hardwood flooring throughout all the units with some rooms offering newer wood floors. Each unit has it's own washer and dryer. Unit A is located on the main floor with it's own private entrance. It offer's 3 bedrooms and 2 Full baths with access to a private fenced in courtyard. Unit B and C are located upstairs and have a separate entrance on the right hand side of the building. Unit B is a 1 bedroom, 1 bath unit. It offers exposed brick in the living/ kitchen area and has that uptown New York Vibe. Unit C is a 2 bedroom, 1 bath unit with a private balcony. Each unit has its own electric meter. Plenty of parking. There are 2 spaces in the driveway and 5 public street parking spaces between the front and side of the building. All 3 A/C units are newer.

Located only 2 blocks away from Baker Park, 2 blocks away from Hood College and 2 blocks away from Historic Market St. Downtown Frederick. Walk to all the best restaurants, breweries, coffee shops, art galleries, Weinberg Center of the Arts and shops.

Last Agent to Sell the Property

Jennifer Koselak

(301) 620-1222 jkoselak@verizon.net Real Estate Teams, LLC License #639218 Listed on: 11/01/2024

Real Estate Teams, LLC

Last Buyer's Agent

Thomas Campbell

(240) 772-0062 thomas@charisrealty.com Charis Realty Group

Charis Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,548

Year Built

  • Built in 1900

Lot Details

  • 3,233 Sq Ft Lot

Home Design

  • Triplex
  • Dwelling with Rental
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Dual Staircase
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102037033

Community Details

Overview

  • 3 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,548

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Interior Amenities: Additional Stairway, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 4809
  • Living Area Sq Ft: 3206
  • Price Per Sq Ft: 249.53
  • Above Grade Finished Sq Ft: 3206
  • Below Grade Sq Ft: 1603
  • Total Below Grade Sq Ft: 1603
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3233.00
  • Zoning: R12
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13548.00
  • Assessor Parcel Number: 1102037033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 27, 2025
Sold by
Stanker James and Stanker Lynne
Bought by
Golan Hagai
Seller's Agent
Jennifer Koselak
Real Estate Teams, LLC
Buyer's Agent
Thomas Campbell
Charis Realty Group
List Price
$849,900
Sold Price
$760,000
Premium/Discount to List
-$89,900
-10.58%
Views
216
Current Estimated Value
$833,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,751
Avg. Annual Appreciation
10.35%
Original Mortgage
$456,000
Outstanding Balance
$453,189
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$380,562

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 27, 2020
Sold by
S & R Management Group Llc
Bought by
Stanker James and Stanker Lynne
Seller's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Koselak
Real Estate Teams, LLC
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$468,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 28, 2018
Sold by
Porcier Miller Llc
Bought by
S7r Management Group Llc
Seller's Agent
Jay Gros
Keller Williams Realty Centre
Buyer's Agent
Douglas Gardiner
Long & Foster Real Estate, Inc.
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.07%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Estate Of Charles Donald White
Bought by
Porcier Miller Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1995
Sold by
Paulson Clifford R
Bought by
White Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,580
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1986
Sold by
Perrygo Robert A
Bought by
Paulson Clifford R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $760,000 Anderson Title
Deed $760,000 Anderson Title
Deed $625,000 Lakeside Title Company
Deed $185,000 None Available
Deed $55,000 Quantum Title Corporation
Deed $65,000 --
Deed $59,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,000 New Conventional
Closed $456,000 New Conventional
Previous Owner $468,750 New Conventional
Previous Owner $52,000 New Conventional
Previous Owner $50,580 Commercial
Previous Owner $45,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $760,000 -5.0% $237 / Sq Ft
12/25/2024 12/25/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $800,000 -5.9% $250 / Sq Ft
11/01/2024 11/01/24 For Sale $849,900 +36.0% $265 / Sq Ft
02/27/2020 02/27/20 Sold $625,000 0.0% $220 / Sq Ft View Prior Sale
01/26/2020 01/26/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $625,000 +237.8% $220 / Sq Ft
12/28/2018 12/28/18 Sold $185,000 -11.9% $55 / Sq Ft View Prior Sale
11/06/2018 11/06/18 For Sale $210,000 +13.5% $62 / Sq Ft
11/02/2018 11/02/18 Off Market $185,000 -- --
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 $13,684 $827,700 $145,300 $682,400
2024 $13,684 $732,233 $0 $0
2023 $11,604 $636,767 $0 $0
2022 $9,869 $541,300 $123,000 $418,300
2021 $9,552 $522,900 $0 $0
2020 $3,472 $189,200 $93,000 $96,200
2019 $4,022 $220,400 $103,000 $117,400
2018 $3,916 $219,533 $0 $0
2017 $3,965 $220,400 $0 $0
2016 $3,858 $217,800 $0 $0
2015 $3,858 $215,867 $0 $0
2014 $3,858 $213,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2056148

Bright MLS

APN: 02-037033