NOT LISTED FOR SALE

600 W Patrick St Frederick, MD 21701

Carrollton Neighborhood
Studio
-- Bath
2,390 Sq Ft
1.22 Acres

Last Sold October 31, 2018

Last sale price $3,000,000 $1,255 Per Sq Ft

40 Days on Market

Highlights

  • 1.22 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Parkway Elementary School Rated A-
  • Multiple Balconies

About This Home

As of October 2018

610 and 612 West Patrick built in 1973 are identical and each has 11 two bedroom units and 1 one bedroom unit. 1 James Street built in 1983 has 6 one bedroom units. 600 West Patrick Street has 2 two bedroom units and can be renovated for lead base paint or used commercial. Two bedroom units $900 1 Bedroom $850. Complex has 57 parking spaces and 3 coin operated laundry rms. All brick buildings.

Last Agent to Sell the Property

Brian Zimmerman

(301) 639-2761 bzimmerman@cbimove.com Real Estate Innovations Listed on: 06/20/2018

Last Buyer's Agent

Michael Muren

(301) 524-4471 MikeMuren@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,877

Year Built

  • Built in 1983

Lot Details

  • 1.22

Parking

  • Off-Street Parking

Home Design

  • 2,390 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Stove
  • Dishwasher

Schools

  • West Frederick Middle School
  • Frederick High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Multiple Balconies
  • 1.22 Acre Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1102032791 & 1102032848

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by CROCKER AND LITTLE PROPERTIES, INC.

Building Details

  • Operating Expense $56,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,877

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Refrigerator, Dishwasher
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 2390
  • Living Area Sq Ft: 2390
  • Price Per Sq Ft: 1297.07
  • Above Grade Finished Sq Ft: 2390
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: FREDERICK
  • Middle Or Junior School: WEST FREDERICK

Lot Info

  • Improvement Assessed Value: 2353000.00
  • Land Assessed Value: 607200.00
  • Lot Size Acres: 1.22
  • Lot Size Area: 53166
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53166.00
  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: DB
  • In City Limits: Yes

Building Info

  • Builder Name: CROCKER AND LITTLE PROPERTIES, INC.

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11552096
  • Tax Annual Amount: 49877.46
  • Assessor Parcel Number: 1102032791 & 1102032848
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Income: 319200.00
  • Operating Expense: 56929.00
  • Vacancy Allowance Rate: 95.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $3,000,000 -3.2% $1,255 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $3,100,000 -- $1,297 / 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 $17,958 $1,010,400 $153,500 $856,900
2024 $17,958 $958,400 $0 $0
2023 $16,686 $906,400 $0 $0
2022 $15,455 $854,400 $153,500 $700,900
2021 $10,336 $662,367 $0 $0
2020 $8,614 $470,333 $0 $0
2019 $5,018 $278,300 $153,500 $124,800
2018 $4,939 $276,900 $0 $0
2017 $4,931 $278,300 $0 $0
2016 $4,794 $274,100 $0 $0
2015 $4,794 $270,167 $0 $0
2014 $4,794 $266,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Zimmerman

    Real Estate Innovations

    Section Image
  • Michael Muren

    Buyer's Agent in 2018

    Michael Muren

    Long & Foster Real Estate, Inc.

    (301) 524-4471

    5 in this area

    273 Total Sales

    Michael Muren
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001908456

Bright MLS
Maryland Frederick County Frederick 21701 Carrollton

600 W Patrick St, Frederick, MD

Not Listed for Sale

MultiFamily

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