998 W Patrick St Frederick, MD 21703
Frederick Heights/Overlook NeighborhoodEstimated Value: $6,395,522
--
Bed
--
Bath
29,754
Sq Ft
$215/Sq Ft
Est. Value
About This Home
This home is located at 998 W Patrick St, Frederick, MD 21703 and is currently estimated at $6,395,522, approximately $214 per square foot. 998 W Patrick St is a home located in Frederick County with nearby schools including Lincoln Elementary School, West Frederick Middle School, and Frederick High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2005
Sold by
Narayan Enterprise Inc
Bought by
Djj 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
$395,000
Outstanding Balance
$204,617
Interest Rate
5.94%
Mortgage Type
Commercial
Estimated Equity
$6,190,906
Purchase Details
Closed on
Jun 22, 2001
Sold by
Red Horse Motor Inn Llc
Bought by
Marayan Enterprise Inc
Purchase Details
Closed on
Dec 29, 2000
Sold by
Jefferies & Weinberg Partnership
Bought by
Red Horse Motor Inn Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Djj Llc | $4,150,000 | -- | |
| Marayan Enterprise Inc | $2,765,000 | -- | |
| Red Horse Motor Inn Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Djj Llc | $395,000 | |
| Closed | Djj Llc | $540,000 |
Source: Public Records
Tax History Compared to Growth
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 | $39,537 | $2,544,200 | -- | -- |
| 2024 | $39,537 | $2,122,800 | $0 | $0 |
| 2023 | $30,929 | $1,701,400 | $760,700 | $940,700 |
| 2022 | $30,820 | $1,701,400 | $760,700 | $940,700 |
| 2021 | $56,096 | $1,701,400 | $760,700 | $940,700 |
| 2020 | $56,096 | $3,135,500 | $760,700 | $2,374,800 |
| 2019 | $53,175 | $2,971,900 | $0 | $0 |
| 2018 | $50,724 | $2,808,300 | $0 | $0 |
| 2017 | $47,327 | $2,644,700 | $0 | $0 |
| 2016 | $48,549 | $2,522,200 | $0 | $0 |
| 2015 | $48,549 | $2,406,500 | $0 | $0 |
| 2014 | $48,549 | $2,290,800 | $0 | $0 |
Source: Public Records
Map
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