5703 Industry Ln Frederick, MD 21704
Estimated Value: $2,717,172
Studio
--
Bath
17,280
Sq Ft
$157/Sq Ft
Est. Value
About This Home
This home is located at 5703 Industry Ln, Frederick, MD 21704 and is currently estimated at $2,717,172, 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
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
$1,771,373
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%
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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
| 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
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