NOT LISTED FOR SALE

8 Frederick Ave Frederick, MD 21701

Selwyn Farms Neighborhood

Estimated Value: $440,000 - $465,000

Studio
3 Baths
1,494 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2017

Last sale price $264,900 $177 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,972 / mo

211 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Porch
  • North Frederick Elementary School Rated A-
  • 1 Car Detached Garage
  • 5-minute walk to Staley Park

About This Home

As of April 2017

Rare 3 UNIT MULTI-FAMILY Single Family home in the North End of Downtown Frederick. Main level currently leased for $1,200 a month, upper and lower units are recently vacant. Live in one unit and rent the others or lease them all out for around $2,600 total. Close to YMCA, Wegmans, Shopping, Dining, and all that Downtown Frederick has to offer.

Last Agent to Sell the Property

Aaron Marsh

(301) 662-9222 info@flandh.com Frederick Land & Home, LLC. License #533267 Listed on: 07/06/2016

Last Buyer's Agent

Aaron Marsh

(301) 662-9222 info@flandh.com Frederick Land & Home, LLC. License #533267 Listed on: 07/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1940

Lot Details

  • 5,625 Sq Ft Lot
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Window Treatments
  • Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Finished Basement

  • Heated Basement
  • Rear Basement Entry

Outdoor Features

  • Patio
  • Porch

Schools

  • North Frederick Elementary School
  • Governor Thomas Johnson Middle School
  • Governor Thomas Johnson High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1102032562

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Downtown Frederick Subdivision

Building Details

  • Operating Expense $6,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,878

Year Built

Built in 1940

Lot Details

5,625 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Expected On Market: 2016-07-06
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Built-Ins, Crown Moldings, Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Heated, Improved
  • Price Per Sq Ft: 177.31

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • 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

  • Elementary School: NORTH FREDERICK
  • High School: GOVERNOR THOMAS JOHNSON
  • Middle Or Junior School: GOVERNOR THOMAS JOHNSON

Lot Info

  • Improvement Assessed Value: 136000.00
  • Land Assessed Value: 83000.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5625
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5625.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R6
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11499515
  • Tax Annual Amount: 3877.67
  • Assessor Parcel Number: 1102032562
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 31200.00
  • Metering: Electric Separate
  • Operating Expense: 6150.00
  • Vacancy Allowance Rate: 66.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Apr 13, 2017
Sold by
Bought by
Seller's Agent
Aaron Marsh
Frederick Land & Home, LLC.
Buyer's Agent
Aaron Marsh
Frederick Land & Home, LLC.
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%
Current Estimated Value
$457,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,760
Avg. Annual Appreciation
6.05%
Original Mortgage
$211,920
Interest Rate
0.0421%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$264,900 None Available
$326,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $130,000
Open $211,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2017 04/13/17 Sold $264,900 0.0% $177 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $264,900 -1.9% $177 / Sq Ft
11/01/2016 11/01/16 For Sale $269,900 +1.9% $181 / Sq Ft
11/01/2016 11/01/16 Off Market $264,900 -- --
10/14/2016 10/14/16 Price Changed $269,900 -0.8% $181 / Sq Ft
08/25/2016 08/25/16 Price Changed $271,980 -2.9% $182 / Sq Ft
07/13/2016 07/13/16 For Sale $279,980 +5.7% $187 / Sq Ft
07/06/2016 07/06/16 Off Market $264,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,511 $313,300 $104,000 $209,300
2024 $5,511 $295,900 $0 $0
2023 $5,048 $278,500 $0 $0
2022 $4,721 $261,100 $90,400 $170,700
2021 $4,526 $249,833 $0 $0
2020 $4,308 $238,567 $0 $0
2019 $4,107 $227,300 $83,000 $144,300
2018 $4,093 $224,533 $0 $0
2017 $4,004 $227,300 $0 $0
2016 $4,046 $219,000 $0 $0
2015 $4,046 $218,933 $0 $0
2014 $4,046 $218,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aaron Marsh

    Seller's Agent in 2017

    Aaron Marsh

    Frederick Land & Home, LLC.

    (240) 674-3227

    2 in this area

    79 Total Sales

    Aaron Marsh
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Map

Source: Bright MLS

MLS Number: 1001206003

Bright MLS

APN: 02-032562

Maryland Frederick County Frederick 21701 Selwyn Farms

8 Frederick Ave, Frederick, MD

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