NOT LISTED FOR SALE

320 E Patrick St Frederick, MD 21701

East Frederick Neighborhood

Estimated Value: $319,741 - $340,000

Studio
2 Baths
1,398 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2016

Last sale price $190,000 $136 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Frederick
  • No HOA
  • Spring Ridge Elementary School Rated A-
  • Garden View
  • 5-minute walk to Carroll Creek Linear Park

About This Home

As of May 2016

2 Unit Brick Apartment Building Backing To Carroll Creek Promenade And MARC Rail Station Fully Leased With $1725 Monthly Income Or $20,700 Gross Annual Income, Individually Metered, Newer Plumbing & Electric, Bldg. Is Adjacent To The Former Historic Union Mills Stocking Factory Currently Under Major Renovation As A Mixed Use Bldg. W/ Impressive Architectural Details.Walk To Shops & Restaurants.

Last Agent to Sell the Property

J.B. Powell

(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC License #35102 Listed on: 03/10/2016

Real Estate Teams, LLC

Last Buyer's Agent

Diane Rhoades

(301) 945-9010 dustydiane@aol.com Long & Foster Real Estate, Inc. License #98301

Long & Foster Real Estate, Inc.

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1900

Lot Details

  • 2,565 Sq Ft Lot
  • Back Yard Fenced
  • Cleared Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Wood Frame Window
  • Wood Flooring
  • Garden Views
  • Basement
  • Exterior Basement Entry
  • Electric Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102051753

Community Details

Overview

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

Building Details

  • Operating Expense $3,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1900

Lot Details

2,565 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Window Treatments, Wood Floors
  • Window Features: Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Price Per Sq Ft: 136.62

Exterior Features

  • Construction Materials: Brick
  • Road Surface Type: Black Top
  • Roof: Metal
  • View: Garden/Lawn, Street
  • View: Yes
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 74000.00
  • Land Assessed Value: 98400.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.06
  • Lot Size Area: 2565
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2565.00
  • Property Attached Yn: Yes
  • Zoning: APT.
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11501866
  • Tax Annual Amount: 2997.72
  • Assessor Parcel Number: 1102051753
  • Tax Page Number: 294
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 20700.00
  • Metering: Electric Separate
  • Operating Expense: 3132.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 6, 2016
Sold by
Knb Properties Llc
Bought by
Seller's Agent
J.B. Powell
Real Estate Teams, LLC
Buyer's Agent
Diane Rhoades
Long & Foster Real Estate, Inc.
List Price
$179,500
Sold Price
$190,000
Premium/Discount to List
$10,500
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$142,500
Outstanding Balance
$110,371
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$219,500

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bainbridge Kathleen R
Bought by
Bainbridge Kathleen R and Bainbridge Neil

Purchase Details

Closed on
Dec 13, 2000
Sold by
Pearson Jennie Sue
Bought by
Bainbridge Kathleen R

Purchase Details

Closed on
Mar 25, 1998
Sold by
Mjd & Jsp Enterprises
Bought by
Pearson Jennie Sue
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Frederick, MD

  • Laurinda Massey Real Estate Agent - Realty Advantage of Maryland LLC

    Laurinda Massey

    Realty Advantage of Maryland LLC

    (202) 803-8536

    69 Total Sales

    1 in East Frederick

    $835,990 Price

    Laurinda Massey
     Section Image
  • Mrs. LILI LIU Real Estate Agent - Ten Thousand Realty

    Mrs. LILI LIU

    Ten Thousand Realty

    (240) 883-5822

    21 Total Sales

    1 in East Frederick

    $425,000 Price

    Mrs. LILI LIU
     Section Image
  • J. D'Ann Melnick Real Estate Agent - EXP Realty, LLC

    J. D'Ann Melnick

    EXP Realty, LLC

    (737) 377-1271

    138 Total Sales

    1 in East Frederick

    $725,346 Price

    J. D'Ann Melnick
     Section Image
  • Carly Patla Real Estate Agent - Iron Valley Real Estate of Chambersburg

    Carly Patla

    Iron Valley Real Estate of Chambersburg

    (717) 494-4064

    154 Total Sales

    1 in East Frederick

    $537,789 Price

    Carly Patla
     Section Image
  • Chikia Barnes Real Estate Agent - Keller Williams Preferred Properties

    Chikia Barnes

    Keller Williams Preferred Properties

    (240) 363-2165

    76 Total Sales

    1 in East Frederick

    $709,990 Price

    Chikia Barnes
     Section Image
  • Zarema Kumukova Real Estate Agent - Long & Foster Real Estate, Inc.

    Zarema Kumukova

    Long & Foster Real Estate, Inc.

    (240) 679-8648

    44 Total Sales

    1 in East Frederick

    $325,000 Price

    Zarema Kumukova
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 Attorney
Bainbridge Kathleen R -- --
Knb Properties Llc -- --
Bainbridge Kathleen R $74,000 --
Pearson Jennie Sue -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $142,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $190,000 +5.8% $136 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $179,500 -- $128 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,696 $327,833
2025 $5,696 $302,400 $134,400 $168,000
2024 $5,227 $275,600 $0 $0
2023 $4,607 $248,800 $0 $0
2022 $4,115 $222,000 $98,400 $123,600
2021 $3,688 $210,267 $0 $0
2020 $3,688 $198,533 $0 $0
2019 $3,479 $186,800 $98,400 $88,400
2018 $3,423 $182,000 $0 $0
2017 $3,227 $186,800 $0 $0
2016 $3,081 $172,400 $0 $0
2015 $3,081 $170,800 $0 $0
2014 $3,081 $169,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J.B. Powell Real Estate Agent - Real Estate Teams, LLC

    Seller's Agent in 2016

    J.B. Powell

    Real Estate Teams, LLC

    (301) 644-2681

    1 in this area

    45 Total Sales

    J.B. Powell
    Section Image

  • DR

    Buyer's Agent in 2016

    Diane Rhoades

    Long & Foster Real Estate, Inc.

    6 Total Sales

    Diane Rhoades
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001198031

Bright MLS

APN: 02-051753

Maryland Frederick County Frederick 21701 East Frederick

320 E Patrick St, Frederick, MD

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