NOT LISTED FOR SALE

5703 Industry Ln Frederick, MD 21704

Estimated Value: $2,727,890

-- Bed
-- Bath
17,280 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 5703 Industry Ln, Frederick, MD 21704 and is currently estimated at $2,727,890, approximately $157 per square foot. 5703 Industry Ln is a home located in Frederick County with nearby schools including Tuscarora Elementary School, Crestwood Middle, and Tuscarora High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Admar Construction Inc and Memar Corp
Bought by
Commercial Rental Properties Llc
Current Estimated Value
$2,727,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$945,799
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,782,091

Purchase Details

Closed on
Jul 18, 1986
Sold by
Gray Harry W M D
Bought by
Memar Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
10.43%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Commercial Rental Properties Llc $2,740,000 None Listed On Document
Commercial Rental Properties Llc $2,740,000 None Listed On Document
Memar Corp $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commercial Rental Properties Llc $950,000
Closed Commercial Rental Properties Llc $950,000
Previous Owner Memar Corp $171,500
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 $19,165 $1,676,300 -- --
2024 $19,165 $1,489,800 $333,200 $1,156,600
2023 $18,585 $1,489,800 $333,200 $1,156,600
2022 $18,585 $1,489,800 $333,200 $1,156,600
2021 $20,217 $1,699,400 $333,200 $1,366,200
2020 $19,741 $1,588,367 $0 $0
2019 $18,283 $1,477,333 $0 $0
2018 $16,013 $1,366,300 $333,200 $1,033,100
2017 $16,695 $1,366,300 $0 $0
2016 $22,594 $1,340,633 $0 $0
2015 $22,594 $1,327,800 $0 $0
2014 $22,594 $1,327,800 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21704

5703 Industry Ln, Frederick, MD

Not Listed for Sale

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