NOT LISTED FOR SALE

232527 E Third St Frederick, MD 21701

Downtown Frederick Neighborhood
-- Bed
-- Bath
3,812 Sq Ft
7,161 Sq Ft Lot

Last Sold August 10, 2018

Last sale price $1,270,000 $333 Per Sq Ft

Highlights

  • 0.16 Acre Lot
  • No HOA
  • Property is in very good condition
  • Spring Ridge Elementary School Rated A-
  • Baseboard Heating
  • 1-minute walk to East 3rd Street Park

About This Home

As of August 2018

RARE INVESTMENT OPPORTUNITY in Historic Downtown Frederick! This listing includes three separate properties - 1 large vacant lot and two detached multi-family buildings containing 7 separately metered units in excellent condition. Plus income producing 20+ parking lot. Endless possibilities - great for additional construction, B & B or condos. Call LA for additional information.

Last Agent to Sell the Property

Christina Poss

Verdant Realty Group LLC License #0225260610 Listed on: 06/25/2018

Last Buyer's Agent

Cynthia Sullivan

Sullivan Select, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1870

Lot Details

  • 7,161 Sq Ft Lot
  • Property is in very good condition

Parking

  • Parking Fee

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1102069679

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Downtown Frederick Subdivision

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Remarks Public: RARE INVESTMENT OPPORTUNITY in Historic Downtown Frederick! This listing includes three separate properties - 1 large vacant lot and two detached multi-family buildings containing 7 separately metered units in excellent condition. Plus income producing 20+ parking lot. Endless possibilities - great for additional construction, B & B or condos. Call LA for additional information.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Price Per Sq Ft: 367.26
  • Street Number Modifier: 232527

Exterior Features

  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 313600.00
  • Land Assessed Value: 135300.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 7161
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7161.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11500065
  • Tax Annual Amount: 7599.62
  • Assessor Parcel Number: 1102069679
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3812
  • Tax Year: 2017
  • Close Date: 08/10/2018

Multi Family

  • Gross Income: 122100.00
  • Metering: Electric Separate
  • Operating Expense: 10000.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $1,270,000 -9.3% $333 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $1,400,000 -- $367 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christina Poss

    Seller's Agent in 2018

    Christina Poss

    Verdant Realty Group LLC

    (301) 514-4233

    2 in this area

    88 Total Sales

    Christina Poss
    Section Image
  • Cynthia Sullivan

    Buyer's Agent in 2018

    Cynthia Sullivan

    Sullivan Select, LLC.

    (301) 745-5500

    287 Total Sales

    Cynthia Sullivan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001935140

Bright MLS

Maryland Frederick County Frederick 21701 Downtown Frederick

232527 E Third St, Frederick, MD

This home is located at 232527 E Third St, Frederick, MD 21701 since 25 June 2018. This property was built in 1870. 232527 E Third St is a home located in Frederick County with nearby schools including Spring Ridge Elementary School, Gov. Thomas Johnson Middle School, and Gov. Thomas Johnson High School.

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