NOT LISTED FOR SALE

Estimated Value: $360,000 - $498,000

-- Bed
1 Bath
1,608 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $420,000 $261 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,715/month

Highlights

  • Second Kitchen
  • City View
  • Deck
  • Spring Ridge Elementary School Rated A-
  • Colonial Architecture
  • 2-minute walk to East 3rd Street Park

About This Home

As of August 2022

Fabulous opportunity to live in one section of the unit and rent out the other which is currently leased for $1400 per month through November. Are you an investor? Then rent out both the front and the back units for approximately $3200 in income each month ($38,400 per year). The front unit is a 2 bedroom, 2 bath unit that was recently remodeled. The back unit has one bedroom and one bathroom. The yard is flat and there is off-street parking for four vehicles.... hard to find in downtown Frederick! Backs to the Railroad Museum. Enjoy all the downtown amenities and festivities within walking distance, not to mention all the shopping and restaurants! No VA loans permitted due to separate metering. FHA ok if you live in one unit. See it soon so you don't miss out on this rare opportunity.

Last Agent to Sell the Property

Christine Reeder

(301) 606-8611 chris.reeder@longandfoster.com Long & Foster Real Estate, Inc. License #581222 Listed on: 07/29/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Janelle Harwood

(240) 671-6635 janelle.ethier@gmail.com Compass License #662904

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1915

Lot Details

  • 2,685 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Permanent Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Family Room Off Kitchen
  • City Views
  • Attic

Kitchen

  • Second Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Up Access
  • Rear and Side Entry
  • Crawl Space

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Spring Ridge Elementary School
  • Governor Thomas Johnson Middle School
  • Governor Thomas Johnson High School

Utilities

  • Heat Pump System
  • Above Ground Utilities
  • 120/240V
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 2 Units
  • 2-Story Building
  • Downtown Frederick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102030195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,488

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-07-29
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Fabulous opportunity to live in one section of the unit and rent out the other which is currently leased for $1400 per month through November. Are you an investor? Then rent out both the front and the back units for approximately $3200 in income each month ($38,400 per year). The front unit is a 2 bedroom, 2 bath unit that was recently remodeled. The back unit has one bedroom and one bathroom. The yard is flat and there is off-street parking for four vehicles.... hard to find in downtown Frederick! Backs to the Railroad Museum. Enjoy all the downtown amenities and festivities within walking distance, not to mention all the shopping and restaurants! No VA loans permitted due to separate metering. FHA ok if you live in one unit. See it soon so you don't miss out on this rare opportunity.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Laminated
  • Interior Amenities: 2nd Kitchen, Attic, Family Room Off Kitchen, Pantry, Stall Shower, Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Block, Crawl Space, Permanent
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Side Entrance, Unfinished, Walkout Stairs
  • Total Sq Ft: 2371
  • Living Area Sq Ft: 1608
  • Price Per Sq Ft: 248.75
  • Above Grade Finished Sq Ft: 1608
  • Below Grade Sq Ft: 763
  • Total Below Grade Sq Ft: 763
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING RIDGE
  • Middle School: GOVERNOR THOMAS JOHNSON
  • High School: GOVERNOR THOMAS JOHNSON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139693024
  • School District Source: 3rd Party
  • Elementary School: SPRING RIDGE
  • High School: GOVERNOR THOMAS JOHNSON
  • Middle Or Junior School: GOVERNOR THOMAS JOHNSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161400.00
  • Land Assessed Value: 103400.00
  • Land Use Code: R
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2685.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: DR
  • Zoning Description: Residential Downtown
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 16800.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11498240
  • Tax Annual Amount: 4488.00
  • Assessor Parcel Number: 1102030195
  • Tax Total Finished Sq Ft: 1296
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/16/2022

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
May 4, 2015
Sold by
Cacciola Jaime
Bought by
Parlaman Hannah L and Constable Dylan J
Seller's Agent
Lee Radcliffe
Radcliffe Realty Group, LLC
Buyer's Agent
Susan Kelley
Kelley Real Estate Professionals
List Price
$225,000
Sold Price
$229,900
Premium/Discount to List
$4,900
2.18%
Current Estimated Value
$427,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,033
Avg. Annual Appreciation
5.99%
Original Mortgage
$224,867
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2010
Sold by
Cacciola Jaime
Bought by
Cacciola Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2008
Sold by
Ellis Charlotte M
Bought by
Cacciola Jaime and Snyder David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2008
Sold by
Ellis Charlotte M
Bought by
Cacciola Jaime and Snyder David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,575
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Parlaman Hannah L $229,900 None Available
Cacciola Jamie -- --
Cacciola Jaime $118,500 --
Cacciola Jaime $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parlaman Hannah L $224,867
Closed Parlaman Hannah L $224,867
Closed Parlaman Hannah L $5,000
Previous Owner Cacciola Jamie $150,000
Previous Owner Cacciola Jaime $112,575
Previous Owner Cacciola Jaime $112,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $420,000 +5.0% $261 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $399,990 +22.7% $249 / Sq Ft
06/10/2022 06/10/22 Sold $326,000 -1.2% $253 / Sq Ft
05/16/2022 05/16/22 Price Changed $330,000 +10.0% $256 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $299,900 +30.4% $233 / Sq Ft
05/05/2015 05/05/15 Sold $229,900 +2.2% $221 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $225,000 -- $217 / 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 $5,347 $329,400 $128,300 $201,100
2024 $5,347 $286,933 $0 $0
2023 $4,442 $244,467 $0 $0
2022 $3,672 $202,000 $108,300 $93,700
2021 $3,360 $184,233 $0 $0
2020 $3,061 $166,467 $0 $0
2019 $2,717 $148,700 $60,800 $87,900
2018 $2,653 $148,700 $60,800 $87,900
2017 $2,717 $148,700 $0 $0
2016 $2,801 $149,100 $0 $0
2015 $2,801 $149,100 $0 $0
2014 $2,801 $149,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2022998

Bright MLS

APN: 02-038897