NOT LISTED FOR SALE

5 E 2nd St Frederick, MD 21701

Downtown Frederick Neighborhood

Estimated Value: $856,532

Studio
1 Bath
3,018 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 5 E 2nd St, Frederick, MD 21701 and is currently estimated at $856,532, approximately $283 per square foot. 5 E 2nd St is a home located in Frederick County with nearby schools including Spring Ridge Elementary School, Gov. Thomas Johnson Middle School, and Gov. Thomas Johnson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Frederick Arts Council Inc
Bought by
West College Terrace Llc
Current Estimated Value
$856,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$293,480
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$563,052

Purchase Details

Closed on
Nov 19, 2019
Sold by
Covenant Family Chapel Inc
Bought by
The Frederick Arts Council Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 11, 2011
Sold by
Undisclosed
Bought by
Covenant Family Chapel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.58%

Purchase Details

Closed on
Jun 29, 2011
Sold by
First Church Of Christ Scientist
Bought by
Covenant Family Chapel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
West College Terrace Llc $860,000 None Listed On Document
The Frederick Arts Council Inc $510,000 None Available
Covenant Family Chapel $400,000 --
Covenant Family Chapel $400,000 None Available
Covenant Family Chapel $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West College Terrace Llc $297,000
Previous Owner The Frederick Arts Council Inc $415,000
Previous Owner Covenant Family Chapel $320,000
Previous Owner Covenant Family Chapel $320,000
Source: Public Records

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 $42 $542,000 $109,700 $432,300
2024 $42 $520,533 $0 $0
2023 $42 $499,067 $0 $0
2022 $42 $477,600 $78,300 $399,300
2021 $42 $465,933 $0 $0
2020 $42 $454,267 $0 $0
2019 $42 $442,600 $78,300 $364,300
2018 $7,445 $417,367 $0 $0
2017 $42 $442,600 $0 $0
2016 $42 $366,900 $0 $0
2015 $42 $366,900 $0 $0
2014 $42 $366,900 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21701 Downtown Frederick

5 E 2nd St, Frederick, MD

Not Listed for Sale

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