Seller's Agent in 2025
C. Melony Bush
Mackintosh, Inc.
(301) 639-7433
2 in this area
16 Total Sales
413 N Market St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated Value: $642,323
Studio
--
Bath
4,888
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- 0.2 Acre Lot
- Colonial Architecture
- Outdoor Storage
- Parkway Elementary School Rated A-
- Window Unit Cooling System
- 4-minute walk to Bonita W. Maas Park
About This Home
As of March 2025This historic downtown property has been an excellent investment for the current owners and can be one for you. The ground floor is a dry cleaners and alteration business that has been there for 34 years. The upper level has two one bedroom apartments. All dry cleaning is done off premises. The two apartments are accessed through the right side front door and up an impressive staircase. The drive way is owned by the seller and leads to 2 or more parking spaces in the rear. The property has a separate garage and large storage building which are not rented but offer additional potential rental income. There is an abundance of potential uses. Klineharts Alley is a convenient exit/entrance for the rear parking area. All tenants are month to month and prefer to stay. The business also wants to continue at this location. The building is in very good condition, and this is a premium location for commercial/residential use.
Last Agent to Sell the Property
(301) 662-0155 buzzmac@prodigy.net Mackintosh, Inc. License #35084 Listed on: 02/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,044
Year Built
- Built in 1834
Lot Details
- 8,611 Sq Ft Lot
- Property is in good condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Basement
- Interior Basement Entry
- Electric Oven or Range
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
- Driveway
Outdoor Features
- Outdoor Storage
- Outbuilding
- Rain Gutters
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1102039893
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2014
Sold by
Gatrell Eric L and Gatrell Joan
Bought by
The Gatrell Family Trust and Gatrell Joan Bush
Current Estimated Value
Purchase Details
Closed on
Mar 29, 1988
Sold by
K S & G Partnership
Bought by
Gatrell Eric L and Gatrell Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.99%
Purchase Details
Closed on
Dec 12, 1985
Sold by
Hurst Nellie M
Bought by
K S & G Partnership
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
Interest Rate
11.5%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Gatrell Family Trust | -- | None Available | |
| Gatrell Eric L | $190,000 | -- | |
| K S & G Partnership | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Gatrell Eric L | $122,000 | |
| Previous Owner | K S & G Partnership | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $660,000 | +1.5% | $135 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | For Sale | $650,000 | -- | $133 / Sq Ft |
Source: Bright MLS
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 | $9,209 | $531,300 | $161,800 | $369,500 |
| 2024 | $9,209 | $488,833 | -- | -- |
| 2023 | $8,274 | $446,367 | $0 | $0 |
| 2022 | $7,485 | $403,900 | $116,800 | $287,100 |
| 2021 | $6,859 | $383,200 | $0 | $0 |
| 2020 | $6,662 | $362,500 | $0 | $0 |
| 2019 | $6,293 | $341,800 | $116,800 | $225,000 |
| 2018 | $6,209 | $334,067 | $0 | $0 |
| 2017 | $6,012 | $341,800 | $0 | $0 |
| 2016 | $5,854 | $318,600 | $0 | $0 |
| 2015 | $5,854 | $315,667 | $0 | $0 |
| 2014 | $5,854 | $312,733 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C. Melony Bush
-
J.B. Powell
Buyer's Agent in 2025
J.B. Powell
Real Estate Teams, LLC
(301) 644-2681
5 in this area
48 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2058754
APN: 02-039893
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