NOT LISTED FOR SALE

8 W Main St New Market, MD 21774

Estimated Value: $1,559,200

-- Bed
-- Bath
10,150 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 8 W Main St, New Market, MD 21774 and is currently estimated at $1,559,200, approximately $153 per square foot. 8 W Main St is a home located in Frederick County with nearby schools including New Market Elementary School, New Market Middle School, and Linganore High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
West Main Street Llc
Bought by
Mdj New Market Llc
Current Estimated Value
$1,559,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Outstanding Balance
$1,116,309
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$452,061

Purchase Details

Closed on
Apr 30, 2014
Sold by
Miller Properties Of New Market Llc
Bought by
8 West Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2011
Sold by
Island Source Ii Llc
Bought by
Miller Properties Of New Market Llc

Purchase Details

Closed on
Mar 4, 2010
Sold by
Sheikh Shahid and Sheikh Zahera
Bought by
Marketshare Properties Inc

Purchase Details

Closed on
Nov 13, 2007
Sold by
Salaverri Salaverri
Bought by
Sheikh Shahie and Sheikh Zahera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2007
Sold by
Salaverri Salaverri
Bought by
Sheikh Shahie and Sheikh Zahera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

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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
Mdj New Market Llc $1,450,000 None Listed On Document
8 West Main Street Llc $890,000 First American Title Ins Co
Miller Properties Of New Market Llc $400,000 None Available
Marketshare Properties Inc $1,200,000 --
Sheikh Shahie $1,350,000 --
Sheikh Shahie $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8 West Main Street Llc $720,000
Previous Owner Sheikh Shahie $1,800,000
Previous Owner Sheikh Shahie $1,800,000
Previous Owner Salaveri Family Lp $100,000
Previous Owner Salaverri Family Limited Partnership Lll $1,100,000
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 $15,136 $1,212,600 -- --
2024 $15,136 $1,025,500 $288,900 $736,600
2023 $13,984 $975,167 $0 $0
2022 $13,339 $924,833 $0 $0
2021 $12,524 $874,500 $231,300 $643,200
2020 $12,355 $849,767 $0 $0
2019 $12,060 $825,033 $0 $0
2018 $10,340 $800,300 $231,300 $569,000
2017 $9,741 $800,300 $0 $0
2016 $13,679 $615,033 $0 $0
2015 $13,679 $522,400 $0 $0
2014 $13,679 $522,400 $0 $0
Source: Public Records

Map

Maryland Frederick County New Market 21774

8 W Main St, New Market, MD

This home is located at 8 W Main St, New Market, MD 21774 and is currently estimated at $1,559,200, approximately $153 per square foot. 8 W Main St is a home located in Frederick County with nearby schools including New Market Elementary School, New Market Middle School, and Linganore High School.

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