$198,000
SOLD JAN 31, 2025
2 Beds
1 Bath
1,060 Sq Ft
1,950 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

18% Below List Price

10 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • Spring Ridge Elementary School Rated A-
  • More Than Two Accessible Exits
  • 4-minute walk to Carroll Creek Linear Park

About This Home

As of January 2025

Great investment opportunity. Located in the heart of Downtown Frederick this property is a great chance for a flip, a rental property, or an Airbnb. The home needs work and is strictly being sold AS-IS. Tremendous location right by MSD, walking distance to Market St., shopping, dining, and easy access to major commuter routes.

Last Agent to Sell the Property

Troyce Gatewood

Real Broker, LLC - Frederick Listed on: 01/07/2025

Last Buyer's Agent

Aaron Marsh

Marsh Realty License #533267

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 1,950 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Downtown Frederick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102057743

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,494

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-01-07
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity. Located in the heart of Downtown Frederick this property is a great chance for a flip, a rental property, or an Airbnb. The home needs work and is strictly being sold AS-IS. Tremendous location right by MSD, walking distance to Market St., shopping, dining, and easy access to major commuter routes.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 1590
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 226.42
  • Above Grade Finished Sq Ft: 1060
  • Below Grade Sq Ft: 530
  • Total Below Grade Sq Ft: 530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1950.00
  • Year Assessed: 2024
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3494.00
  • Assessor Parcel Number: 1102057743
  • Tax Total Finished Sq Ft: 1060
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/31/2025

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2025
Sold by
Frederick Jyc Properties Llc
Bought by
Michael Lisa
Current Estimated Value
$214,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$10,000
Interest Rate
6.75%
Estimated Equity
$204,255

Purchase Details

Listed on
Jan 7, 2025
Closed on
Jan 31, 2025
Sold by
Grossnickle Gerald Marlowe and Grossnickle Patricia Dawn
Bought by
Frederick Jyc Properties Llc
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Aaron Marsh
Marsh Realty
List Price
$240,000
Sold Price
$198,000
Premium/Discount to List
-$42,000
-17.5%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Jun 13, 2022
Sold by
Marlowe Grossnickle Gerald
Bought by
Grossnickle Gerald Marlowe and Grossnickle Patricia Dawn
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $355,000 Lawyers Signature Settlements
Deed $355,000 Lawyers Signature Settlements
Deed $198,000 None Listed On Document
Deed $198,000 None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 No Value Available
Open $319,500 New Conventional
Closed $319,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $198,000 -17.5% $187 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $240,000 -- $226 / 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 $3,550 $207,700 $117,000 $90,700
2024 $3,550 $188,867 $0 $0
2023 $3,116 $170,033 $0 $0
2022 $2,771 $151,200 $78,000 $73,200
2021 $2,621 $142,600 $0 $0
2020 $2,458 $134,000 $0 $0
2019 $2,305 $125,400 $59,000 $66,400
2018 $2,325 $125,400 $59,000 $66,400
2017 $2,302 $125,400 $0 $0
2016 $2,380 $127,300 $0 $0
2015 $2,380 $127,100 $0 $0
2014 $2,380 $126,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2058132

Bright MLS

APN: 02-057743