506 W 2nd St Frederick, MD 21701
Baker Park NeighborhoodEstimated Value: $1,015,000 - $1,309,000
3
Beds
2.5
Baths
2,622
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Two Story Ceilings
- Parkway Elementary School Rated A-
- Pond
- 5-minute walk to Schley Park
About This Home
As of December 2021Welcome to Baker Park with all the things everyone wants in walking distance to Downtown Frederick! With over 26000 square feet of modernized living space for you to move about freely, as well as a 2 car detached garage with 1 bedroom/1 bathroom apartment above. Step inside and notice the beautiful trim work in your formal living room with a wood-burning fireplace, perfect for entertaining. Large sunken family room with another wood-burning fireplace, built-in bar, and plenty of light shining through the windows. The kitchen has been updated with granite countertops, under cabinet lighting, space for your kitchen table, and plenty of storage space throughout the main level. Separate formal dining. Beautiful hardwood floors throughout the entire home. Bonus in older homes: laundry room on main floor with storage space. Step upstairs and you'll find 3 well-appointed bedrooms. Large primary en-suite with walk-in closet, private updated bathroom, and adorable Juliet balcony. Additional bedrooms share a full bathroom. Newer screened-in porch (2017) that will keep you free of bugs year-round. Wow, enjoy the beautiful Japanese Maple canopy, with custom automatic awning over your private deck. Fully fenced yard with a brick wall along the alley. Stocked koy pond. Want more? Oversized 2 car garage with a full 1 bedroom/1 bathroom apartment above (COO in place). Perfect for in-law suite, au-pair, or office space. Baker Park, the crown jewel of Downtown Frederick with over 40 acres of space and activities (and a gym!) is steps from your front door. Newer roof, HVAC, and water heater. This home is ready for you to move-in and start Downtown Living at its finest!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,974
Year Built
- Built in 1940
Lot Details
- 6,697 Sq Ft Lot
- Masonry wall
- Property is Fully Fenced
- Landscaped
- Property is in excellent condition
- Property is zoned R6
Parking
- 2 Car Detached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Studio
- Brick Exterior Construction
- Poured Concrete
- Plaster Walls
- Architectural Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,622 Sq Ft Home
- Property has 3 Levels
- Traditional Floor Plan
- Wet Bar
- Built-In Features
- Bar
- Chair Railings
- Two Story Ceilings
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Fireplace Mantel
- Brick Fireplace
- Awning
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on main level
- Gas Dryer
- Washer
Basement
- Connecting Stairway
- Interior Basement Entry
- Workshop
Outdoor Features
- Pond
- Balcony
- Deck
- Enclosed patio or porch
- Office or Studio
Schools
- Parkway Elementary School
- West Frederick Middle School
- Frederick High School
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Water Heater
- Satellite Dish
Community Details
- No Home Owners Association
- Baker Park Subdivision
Listing and Financial Details
- Tax Lot 68
- Assessor Parcel Number 1102101777
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 13, 2024
Sold by
Ranallo Brian J and Ranallo Tracey L
Bought by
Brian J Ranallo Revocable Trust and Tracey L Ranallo Revocable Trust
Total Days on Market
6
Current Estimated Value
Purchase Details
Listed on
Nov 10, 2021
Closed on
Dec 17, 2021
Sold by
Vaughn Michael E
Bought by
Ranallo Brian J and Ranallo Tracey L
Seller's Agent
Lauren Olson
RE/MAX Results
Buyer's Agent
Jim Bass
Real Estate Teams, LLC
List Price
$949,900
Sold Price
$950,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$807,500
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 1, 2013
Closed on
Apr 18, 2013
Sold by
Poole John D and Poole Barbara J
Bought by
Vaughn Michael E and Vaughn Margaret S
Seller's Agent
Roberta McNamara
RE/MAX Results
Buyer's Agent
Lauren Olson
RE/MAX Results
List Price
$640,000
Sold Price
$641,500
Premium/Discount to List
$1,500
0.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$513,200
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2001
Sold by
Bowman C Jeffrey
Bought by
Poole John D and Poole Barbara J
Purchase Details
Closed on
Aug 26, 1987
Sold by
Roegner Clara
Bought by
Bowman C Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
10.3%
Similar Homes in Frederick, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brian J Ranallo Revocable Trust | -- | None Listed On Document | |
| Ranallo Brian J | $950,000 | Fidelity National Title | |
| Vaughn Michael E | $641,500 | Commonwealth Land Title Insu | |
| Poole John D | $400,000 | -- | |
| Bowman C Jeffrey | $158,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ranallo Brian J | $200,000 | |
| Previous Owner | Ranallo Brian J | $807,500 | |
| Previous Owner | Vaughn Michael E | $338,761 | |
| Previous Owner | Vaughn Michael E | $491,000 | |
| Previous Owner | Vaughn Michael E | $513,200 | |
| Previous Owner | Poole John D | $750,000 | |
| Previous Owner | Bowman C Jeffrey | $126,000 | |
| Closed | Poole John D | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $950,000 | 0.0% | $362 / Sq Ft |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 11/10/2021 11/10/21 | For Sale | $949,900 | +48.1% | $362 / Sq Ft |
| 04/18/2013 04/18/13 | Sold | $641,500 | +0.2% | $239 / Sq Ft |
| 03/05/2013 03/05/13 | Pending | -- | -- | -- |
| 03/01/2013 03/01/13 | For Sale | $640,000 | -- | $239 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,663 | $823,867 | $0 | $0 |
| 2023 | $12,612 | $745,833 | $0 | $0 |
| 2022 | $11,938 | $667,800 | $242,700 | $425,100 |
| 2021 | $11,925 | $667,800 | $242,700 | $425,100 |
| 2020 | $12,013 | $667,800 | $242,700 | $425,100 |
| 2019 | $12,169 | $683,300 | $216,000 | $467,300 |
| 2018 | $11,780 | $660,367 | $0 | $0 |
| 2017 | $10,923 | $683,300 | $0 | $0 |
| 2016 | $10,854 | $614,500 | $0 | $0 |
| 2015 | $10,854 | $614,500 | $0 | $0 |
| 2014 | $10,854 | $614,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Olson
Seller's Agent in 2021
Lauren Olson
RE/MAX
(240) 674-7744
10 in this area
115 Total Sales
-
Jim Bass
Buyer's Agent in 2021
Jim Bass
Real Estate Teams, LLC
(301) 695-0000
1 in this area
516 Total Sales
-
Roberta McNamara
Seller's Agent in 2013
Roberta McNamara
RE/MAX
(301) 964-2847
5 in this area
80 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2007882
APN: 02-101777
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