$314,000
SOLD DEC 3, 2025
3 Beds
1.5 Baths
1,088 Sq Ft
$48/mo HOA Fee

Recently Sold

$289 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Frederick High School Rated A-
  • Colonial Architecture
  • Crown Molding

About This Home

As of December 2025

A perfect opportunity for homeownership! A renovated, 2 level townhouse near everything one will need! Simple living at its finest! Take pride in Home Ownership with 554 Lancaster Place, located in a wonderful community close to everything one will need. Upon entry, an open living concept with hardwood flooring throughout living and dining combination area, plus the kitchen. The kitchen is finished off with stainless steel appliances, granite countertops, and newly installed backsplash. Leading through the rear of the house, 554 Lancaster contains a very spacious backyard with abundance of space with a patio, with room to creat an additional entertaining area, and much more. On the upper level, 3 spacious bedrooms and a renovated hall bathroom for all occupants to enjoy. 554 Lancaster is the perfect starter home or home for someone looking to downsize, in the wonderful city of Frederick. Don't wait! Schedule your showing today!

Last Agent to Sell the Property

Aaron Adams

(443) 285-2957 aaronadams@kw.com Keller Williams Capital Properties License #SP98377236 Listed on: 10/13/2025

Keller Williams Capital Properties

Last Buyer's Agent

Sherry Brennan

(240) 876-1677 sherry.brennan@longandfoster.com Long & Foster Real Estate, Inc. License #300407

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1988 | Remodeled in 2017

Lot Details

  • 1,615 Sq Ft Lot
  • Wood Fence
  • Property is in very good condition

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1102147173

Community Details

Overview

  • Association fees include reserve funds
  • Hillcrest HOA
  • Willow Bend Subdivision
  • Property Manager

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,572

Year Built

Built in 1988 | Remodeled in 2017

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 10/13/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1988
  • Year Renovated: 2017
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Hookups Only
  • Interior Amenities: Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Wood Floors
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Half Bath
  • Basement: No
  • Total Sq Ft: 1088
  • Living Area Sq Ft: 1088
  • Price Per Sq Ft: 284.92
  • Above Grade Finished Sq Ft: 1088
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Combination
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 145.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Reserve Funds
  • HOA Name: HILLCREST
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Fencing: Wood
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1615.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R12
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4572.00
  • Assessor Parcel Number: 1102147173
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2025
Closed on
Dec 2, 2025
Sold by
Salaam Shaheed S and Cooke Daaiyah
Bought by
Scott Katherine and Scott Katherine K
Seller's Agent
Aaron Adams
Keller Williams Capital Properties
Buyer's Agent
Sherry Brennan
Long & Foster Real Estate, Inc.
List Price
$309,990
Sold Price
$314,000
Premium/Discount to List
$4,010
1.29%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$298,300
Outstanding Balance
$298,300
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$16,451

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 31, 2017
Sold by
Alban Place Lp
Bought by
Salaam Shaheed S and Cooke Daa Iyah
Seller's Agent
Michael Muren
Long & Foster Real Estate, Inc.
Buyer's Agent
Rich Ramirez
Long & Foster Real Estate, Inc.
List Price
$194,100
Sold Price
$200,440
Premium/Discount to List
$6,340
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$7,500
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Deed $314,000 First Class Title
Deed $200,440 Fredrick Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,300 New Conventional
Previous Owner $7,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Sold $314,000 +1.3% $289 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
10/13/2025 10/13/25 For Sale $309,990 +54.7% $285 / Sq Ft
08/31/2017 08/31/17 Sold $200,440 +3.3% $184 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $194,100 -- $178 / Sq Ft
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 $4,618 $265,100 $85,000 $180,100
2024 $4,618 $247,133 $0 $0
2023 $4,169 $229,167 $0 $0
2022 $3,836 $211,200 $75,000 $136,200
2021 $3,313 $196,767 $0 $0
2020 $3,313 $182,333 $0 $0
2019 $3,057 $167,900 $40,000 $127,900
2018 $2,504 $135,433 $0 $0
2017 $1,906 $167,900 $0 $0
2016 $1,363 $70,500 $0 $0
2015 $1,363 $70,500 $0 $0
2014 $1,363 $70,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2070896

Bright MLS

APN: 02-147173