Seller's Agent in 2021
Chris James
Creig Northrop Team of Long & Foster
(443) 722-4667
1 in this area
78 Total Sales
507 N Market St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated Value: $939,914
6
Beds
3.5
Baths
2,534
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Eat-In Gourmet Kitchen
- Colonial Architecture
- North Frederick Elementary School Rated A-
- Open Floorplan
- 4-minute walk to Laboring Sons Memorial Ground
About This Home
As of February 2021Recently renovated stunning historic home located in the heart of downtown Frederick! Boasting light-filled interiors, classic details, custom elegant moldings, exposed brick walls, beautifully refinished hardwood floors, and design-inspired features throughout! Spacious living room graced with exquisite arched built-in’s, crown molding, lofty windows, built-in speakers, and a brick profile fireplace; Dual entry dining room adorned with French doors; Gourmet eat-in kitchen embellished with sleek stainless steel appliances, ample Decora maple cabinets with crown molding, decorative backsplash, Granite countertops, and easy access to the amazing private courtyard; Arrival center and powder room conclude the main level; Expansive owner’s suite highlighted with custom inlay maple bump out, ingress/egress skylight, vaulted wood beamed ceiling, remodeled walk-in closet, luxurious en-suite full bath with curbless shower, heated flooring, custom wainscotting, and repurposed antique buffet (sink basin); Three additional bedrooms, full bath with new herringbone pattern tile, custom wormy white oak closet doors, laundry room, and balcony access complete the upper level sleeping quarters; Apartment located above the garage with kitchen, two bedrooms, full bath, and private entrance; Recent Updates: Two HVAC units, new modified Buitmen Roof over both the bathroom and the apartment/garage, Hardie Plank exterior siding on the third floor, exterior paint, custom bathrooms, flooring, washer, dryer, kitchen, removed concrete slab and resurfaced with brick, and more! The exterior features City views, a private expansive courtyard, resurfaced brick, custom garden trellis, covered balcony, extensive hardscape, sidewalks, streetlights, and more! Convenient commuter routes include I-70, I-270, Rt. 40 and MD-180. A MUST SEE. TENANT INCOME: PRIVATE APARMENT ABOVE GARAGE IN BACK. REAR EXTERIOR ENTRANCE ONLY. Tenants are currently month to month but are interested in signing on for another year. Current rent is $1,250
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,640
Year Built
- Built in 1890
Lot Details
- 2,500 Sq Ft Lot
- Landscaped
- Extensive Hardscape
- Property is in excellent condition
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Rear-Facing Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Colonial Architecture
- Federal Architecture
- Brick Exterior Construction
- Wood Walls
- Metal Roof
- Stone Siding
Interior Spaces
- Property has 4 Levels
- Open Floorplan
- Built-In Features
- Crown Molding
- Wainscoting
- Wood Ceilings
- Brick Wall or Ceiling
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Screen For Fireplace
- Fireplace Mantel
- Brick Fireplace
- Insulated Windows
- Window Treatments
- Transom Windows
- Wood Frame Window
- French Doors
- Insulated Doors
- Six Panel Doors
- Mud Room
- Entrance Foyer
- Living Room
- Formal Dining Room
- Garden Views
Kitchen
- Eat-In Gourmet Kitchen
- Second Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Stove
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Concrete
- Tile or Brick
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Unfinished Basement
- Heated Basement
- Connecting Stairway
- Interior Basement Entry
- Basement Windows
Home Security
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Porch
Schools
- North Frederick Elementary School
- Governor Thomas Johnson Middle School
- Governor Thomas Johnson High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Programmable Thermostat
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 1102041618
Community Details
Overview
- No Home Owners Association
Security
- Storm Doors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2021
Closed on
Feb 17, 2021
Sold by
Shannon Neil C and Shannon Kelly L
Bought by
Ohnmacht Richard H
Seller's Agent
Chris James
Northrop Realty
Buyer's Agent
perry slomnicki
Artifact Homes
List Price
$689,000
Sold Price
$701,000
Premium/Discount to List
$12,000
1.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,914
Avg. Annual Appreciation
6.33%
Original Mortgage
$560,000
Outstanding Balance
$429,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$494,273
Purchase Details
Listed on
Sep 20, 2012
Closed on
Jan 9, 2013
Sold by
Gw Investments Inc
Bought by
Shannon Neil C and Davis Kelly L
Seller's Agent
Merilee Paran
Compass
Buyer's Agent
Matt Godbey
Samson Properties
List Price
$319,999
Sold Price
$275,000
Premium/Discount to List
-$44,999
-14.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$270,019
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 1, 2012
Sold by
Wagner Millicent L and Wagner Richard R
Bought by
G W Investments Inc
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 |
|---|---|---|---|
| Ohnmacht Richard H | $701,000 | None Available | |
| Shannon Neil C | $275,000 | None Available | |
| G W Investments Inc | $160,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ohnmacht Richard H | $560,000 | |
| Previous Owner | Shannon Neil C | $270,019 | |
| Previous Owner | Wagner Richard R | $60,000 | |
| Previous Owner | Wagner Richard R | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2021 02/17/21 | Sold | $701,000 | +1.7% | $277 / Sq Ft |
| 01/18/2021 01/18/21 | Pending | -- | -- | -- |
| 01/14/2021 01/14/21 | For Sale | $689,000 | +220.5% | $272 / Sq Ft |
| 04/16/2013 04/16/13 | Sold | $215,000 | -4.4% | $88 / Sq Ft |
| 03/07/2013 03/07/13 | Pending | -- | -- | -- |
| 03/06/2013 03/06/13 | Price Changed | $225,000 | -4.2% | $92 / Sq Ft |
| 02/06/2013 02/06/13 | Price Changed | $234,900 | -14.6% | $97 / Sq Ft |
| 01/15/2013 01/15/13 | Sold | $275,000 | +14.6% | $113 / Sq Ft |
| 11/09/2012 11/09/12 | Price Changed | $239,900 | -4.0% | $99 / Sq Ft |
| 10/23/2012 10/23/12 | For Sale | $249,900 | -21.9% | $103 / Sq Ft |
| 09/30/2012 09/30/12 | Pending | -- | -- | -- |
| 09/20/2012 09/20/12 | For Sale | $319,999 | -- | $131 / 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 |
|---|---|---|---|---|
| 2025 | $10,657 | $695,500 | $145,000 | $550,500 |
| 2024 | $10,657 | $576,667 | $0 | $0 |
| 2023 | $8,241 | $457,833 | $0 | $0 |
| 2022 | $6,103 | $339,000 | $105,000 | $234,000 |
| 2021 | $5,790 | $327,433 | $0 | $0 |
| 2020 | $5,728 | $315,867 | $0 | $0 |
| 2019 | $5,468 | $304,300 | $81,000 | $223,300 |
| 2018 | $5,428 | $304,300 | $81,000 | $223,300 |
| 2017 | $5,556 | $345,200 | $0 | $0 |
| 2016 | $4,341 | $310,100 | $0 | $0 |
| 2015 | $4,341 | $285,100 | $0 | $0 |
| 2014 | $4,341 | $260,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
perry slomnicki
Artifact Homes
(240) 672-7101
1 in this area
54 Total Sales
-
Seller's Agent in 2013
Merilee Paran
Compass
(240) 216-0688
66 Total Sales
-
Seller's Agent in 2013
Sharon Lelm
Charis Realty Group
(301) 676-4031
3 in this area
106 Total Sales
-
Buyer's Agent in 2013
Matt Godbey
Samson Properties
(301) 788-9159
19 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR275856
APN: 02-041618
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