2531 Mill Race Rd Frederick, MD 21701
Wormans Mill NeighborhoodEstimated Value: $569,295 - $691,000
Studio
3
Baths
2,875
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 2531 Mill Race Rd, Frederick, MD 21701 and is currently estimated at $647,824, approximately $225 per square foot. 2531 Mill Race Rd is a home located in Frederick County with nearby schools including Walkersville Elementary School, Walkersville Middle School, and Walkersville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2007
Sold by
Wormald Development Co
Bought by
Compton Gary L and Compton Julia E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$61,318
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$586,506
Purchase Details
Closed on
Jun 6, 2007
Sold by
Wormald Development Co
Bought by
Compton Gary L and Compton Julia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$61,318
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$586,506
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Compton Gary L | $530,553 | -- | |
| Compton Gary L | $530,553 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Compton Gary L | $100,000 | |
| Closed | Compton Gary L | $100,000 |
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 | $8,199 | $499,500 | $90,000 | $409,500 |
| 2024 | $8,199 | $466,333 | $0 | $0 |
| 2023 | $7,582 | $433,167 | $0 | $0 |
| 2022 | $7,186 | $400,000 | $80,000 | $320,000 |
| 2021 | $6,771 | $388,900 | $0 | $0 |
| 2020 | $6,771 | $377,800 | $0 | $0 |
| 2019 | $6,571 | $366,700 | $70,000 | $296,700 |
| 2018 | $6,629 | $366,700 | $70,000 | $296,700 |
| 2017 | $6,563 | $366,700 | $0 | $0 |
| 2016 | $6,750 | $375,400 | $0 | $0 |
| 2015 | $6,750 | $373,033 | $0 | $0 |
| 2014 | $6,750 | $370,667 | $0 | $0 |
Source: Public Records
Map
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