321 W 7th St Frederick, MD 21701
Selwyn Farms NeighborhoodEstimated payment $2,734/month
Highlights
- Colonial Architecture
- No HOA
- Wall Furnace
- North Frederick Elementary School Rated A-
- Stainless Steel Appliances
About This Home
Recently Renovated Two-Unit Home in Frederick. Beautifully updated and income-producing property featuring two spacious 1-bedroom, 1-bath units — each with modern upgrades and strong rental income!
Both levels have been fully renovated with new kitchens showcasing new countertops, stainless steel appliances, and updated cabinetry, plus new full bathrooms and in-unit washer/dryer sets for added convenience. New Roof! Upper Level: 1 BR / 1 BA — currently rented for $1,950/month. Main Level: Studio/ 1 BA — currently rented for $1,450/month. Leases in place through June & August 2026. Additional highlights include Finished Loft and Unfinished Basement, ideal for storage or future finishing potential, and ample parking in the rear. Located across from Frederick Health Hospital, close to restaurants, shopping, and vibrant Downtown Frederick, this home offers a perfect blend of modern comfort and investment opportunity.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,910
Year Built
- Built in 1920
Lot Details
- 2,887 Sq Ft Lot
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Block Foundation
- Stucco
Interior Spaces
- Property has 3 Levels
- Stainless Steel Appliances
- Unfinished Basement
Bedrooms and Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- On-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1102096137
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,551 | $269,000 | $133,000 | $136,000 |
| 2024 | $4,551 | $243,500 | $0 | $0 |
| 2023 | $4,007 | $218,000 | $0 | $0 |
| 2022 | $3,504 | $192,500 | $97,000 | $95,500 |
| 2021 | $3,444 | $190,367 | $0 | $0 |
| 2020 | $3,449 | $188,233 | $0 | $0 |
| 2019 | $3,378 | $186,100 | $97,000 | $89,100 |
| 2018 | $3,206 | $179,733 | $0 | $0 |
| 2017 | $3,033 | $186,100 | $0 | $0 |
| 2016 | $3,107 | $167,000 | $0 | $0 |
| 2015 | $3,107 | $166,967 | $0 | $0 |
| 2014 | $3,107 | $166,933 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $445,000 | +68.6% | $323 / Sq Ft | |
| 07/06/2022 07/06/22 | Sold | $264,000 | -14.8% | $189 / Sq Ft | View Prior Sale |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- | |
| 08/30/2021 08/30/21 | For Sale | $309,990 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $264,000 | Ridgway Michael C | |
| Deed | $264,000 | Ridgway Michael C | |
| Deed | $65,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,500 | No Value Available |
Source: Bright MLS
MLS Number: MDFR2073276
APN: 02-096137
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