NOT LISTED FOR SALE

7940 Old 7th St Frederick, MD 21702

Clover Hill Neighborhood

Estimated Value: $475,000 - $579,000

-- Bed
3 Baths
1,860 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 7940 Old 7th St, Frederick, MD 21702 and is currently estimated at $509,077, approximately $273 per square foot. 7940 Old 7th St is a home located in Frederick County with nearby schools including Yellow Springs Elementary School, Monocacy Middle School, and Gov. Thomas Johnson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Margaret Ann Alley Trust and Alley Patrick C
Bought by
Mckelvie Richard A and Mckelvie Robin J
Current Estimated Value
$509,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$364,126

Purchase Details

Closed on
Oct 6, 2010
Sold by
Alley Michael C and Alley Margaret A
Bought by
Alley Margaret Ann and Alley Michael Curtis

Purchase Details

Closed on
Nov 10, 1986
Sold by
Myers Lyman M and Connie Jean
Bought by
Alley Michael C and Alley Margaret A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mckelvie Richard A $460,000 None Listed On Document
Mckelvie Richard A $460,000 None Listed On Document
Alley Margaret Ann -- --
Alley Michael C $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvie Richard A $160,000
Closed Mckelvie Richard A $160,000
Previous Owner Alley Michael C $25,000
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 $4,189 $364,500 -- --
2024 $4,189 $333,700 $0 $0
2023 $3,666 $302,900 $80,000 $222,900
2022 $3,548 $292,767 $0 $0
2021 $3,313 $282,633 $0 $0
2020 $3,313 $272,500 $80,000 $192,500
2019 $3,291 $270,633 $0 $0
2018 $3,298 $268,767 $0 $0
2017 $3,248 $266,900 $0 $0
2016 $3,375 $250,633 $0 $0
2015 $3,375 $234,367 $0 $0
2014 $3,375 $218,100 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21702 Clover Hill

7940 Old 7th St, Frederick, MD

This home is located at 7940 Old 7th St, Frederick, MD 21702 and is currently estimated at $509,077, approximately $273 per square foot. 7940 Old 7th St is a home located in Frederick County with nearby schools including Yellow Springs Elementary School, Monocacy Middle School, and Gov. Thomas Johnson High School.

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