NOT LISTED FOR SALE

328 Madison St Frederick, MD 21701

Carrollton Neighborhood

Estimated Value: $332,543 - $721,000

0.09 Acre
$6,565,400 Price per Acre
4,004 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $155,000

Est. 281% increase in value since last sale

Current estimated payment $3,418/month

8 Days on Market

About This Lot

As of March 2024

Last building lot remaining in Downtown Frederick! Discover an unparalleled opportunity in the heart of Downtown Frederick. Nestled in close proximity to the picturesque Baker Park, enchanting Carroll Creek, and Market street, this exceptional piece of land is more than just an investment – it's a canvas for your dreams.

Recently divided and strategically positioned outside the historic district, envision the boundless potential for your custom creation. Elevate your living experience in this extraordinary location, where convenience seamlessly intertwines with charm, offering you limitless possibilities

Last Agent to Sell the Property

Jessica Underwood

(202) 316-2646 jessica@jrcapitalrealestate.com JR Capital Real Estate LLC Listed on: 03/10/2024

Last Buyer's Agent

Adam Ellison

(301) 639-3260 adamellisonhomes@gmail.com Long & Foster Real Estate, Inc. License #644727

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 4,004 Sq Ft Lot
  • Property is zoned DR

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1102605958

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Historic: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 37.46

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4004.00
  • Zoning: DR
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1102605958
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Mar 28, 2024
Sold by
One-Eleven Inc
Bought by
Kannon Orrie and Kannon Sarah
Seller's Agent
Jessica Underwood
JR Capital Real Estate LLC
Buyer's Agent
Adam Ellison
Long & Foster Real Estate, Inc.
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Views
47
Current Estimated Value
$590,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,886
Avg. Annual Appreciation
109.45%

Purchase Details

Closed on
Sep 15, 2023
Sold by
One Eleven Llc
Bought by
Ohanian George Hanna and Ohanian Michelle Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,475
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2023
Sold by
Dove Lee F
Bought by
One Eleven Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kannon Orrie $155,000 None Listed On Document
Ohanian George Hanna $280,500 Old Republic National Title In
One Eleven Llc $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohanian George Hanna $266,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $155,000 +3.3% --
03/18/2024 03/18/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $150,000 -- --
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 $4,305 $243,000 $124,700 $118,300
2024 $4,305 $230,067 -- --
2023 $4,341 $238,800 $0 $0
2022 $4,052 $223,400 $102,800 $120,600
2021 $3,687 $202,633 $0 $0
2020 $3,305 $181,867 $0 $0
2019 $2,936 $161,100 $62,800 $98,300
2018 $2,961 $161,033 $0 $0
2017 $2,930 $161,100 $0 $0
2016 $3,018 $160,900 $0 $0
2015 $3,018 $160,900 $0 $0
2014 $3,018 $160,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Underwood

    Seller's Agent in 2024

    Jessica Underwood

    JR Capital Real Estate LLC

    (202) 316-2646

    3 in this area

    9 Total Sales

    Jessica Underwood
    Section Image
  • Adam Ellison

    Buyer's Agent in 2024

    Adam Ellison

    Long & Foster Real Estate, Inc.

    (301) 639-3260

    3 in this area

    102 Total Sales

    Adam Ellison
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR2043868

Bright MLS

APN: 02-036932

Maryland Frederick County Frederick 21701 Carrollton

328 Madison St, Frederick, MD

Not Listed for Sale

Lots

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