18 days on rocket

Sale Pending

230 S Market St, Frederick, MD, 21701

$560,000

Home List Price

$6,650*

Closing Credit

0 Baths
2,880 SqFt
$194/SqFt
Multi
Schools Nearby

Location

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230 S Market St, Frederick$560,000

Buyer Closing Credits

$6,650*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1865
HeatingRadiant
CoolingWindow Unit(s)
MLS #MDFR2046960
Lot Size0.08 Acres
StatusSale Pending
(PENDING)

About 230 S Market St

Wonderful three-unit apartment building in Downtown Frederick. Steps to MSD and the center of Downtown. Great opportunity to live in one unit and rent the other two, or rent all three! The floor plan of each unit is available in the photos. The building has been owned by the sellers since the 1960's. They used the building as a living space for their staff. The monthly rent amount collected is below market value. There are no written leases in place currently, only verbal. Unit 1 is unoccupied (includes washer/dryer in unit). Unit 2 is occupied at $750 a month and Unit 3 is occupied at $850 a month (the washer/dryer for units 2 & 3 are on the lower level). Heat is included with current rent amounts. In the winter gas runs about $600 a month. Water is also included in the current rent at $200 every quarter. The market value for rent for Units 1 & 2 is about $1450 per month and Unit 3 is about $1550 per month. Each unit is separately metered with individual electric meters. The building owner does pay for power for the water heater and shared areas, which is about $188 every month. Sellers will convey property occupied with current tenants and arrangements. Disclosures in the MLS. Please allow 24 hours for showing requests.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1865
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: RE/MAX Results
  • Office Phone: (301) 698-5005
  • Listing Agent: Bobbi Prescott

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Gov. Thomas Johnson High School, Public District Grades 9-12
  • Gov. Thomas Johnson Middle School, Public District Grades 6-8
  • Spring Ridge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: RIGHT side of Market Street, just past MSD.

Municipality:

  • Frederick City

Price Information

Listing Price Info

Price Summary:

  • List Price: $560,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $4,549
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Frederick, MD.

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Frederick, MD

City

Med. Sold Price

$434.9K

Med. Price/SqFt

$222

Avg. Days On Market

19

# of Sold Homes

137

230 S Market St vs Frederick

18 DAYS ON ROCKET

-1 Day

$560,000

+$125K More

$194/SqFt

-$29 Less

KEY TAKEAWAY

This property is $125K more than the Median Sold Price and $29/SqFt less than other homes in Frederick, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDFR2046960

Listing Office:

  • Office Name: RE/MAX Results
  • Office Phone: (301) 698-5005
  • Listing Agent: Bobbi Prescott

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 4:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,549$270,467
2020$4,140$249,833
2019$4,140$229,200
2018$4,049$222,067
2017$3,883$214,933

History based on county public records data.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3824193
6
/10

  • Spring Ridge Elementary School

  • 9051 Ridgefield Dr

  • 3.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3824194
7
/10

  • Gov. Thomas Johnson Middle School

  • 1799 Schifferstadt Blvd

  • 2.02 miles

  • Public District Grades 6-8

High School

school-card-donut-3824195
6
/10

  • Gov. Thomas Johnson High School

  • 1501 N Market St

  • 1.71 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,973. Residents of Frederick, MD typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Frederick County›Frederick›21701›230 S Market St

This home is located at 230 S Market St in Frederick, MD and zip code 21701. This 2,880 square foot home, which was built in 1865, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $560,000.

In March 2024, from all listings sold in Frederick, MD there were more than 53 sold above asking price, over 26 sold below and more than 58 were sold right at the asked price. Between February 2024 and March 2024, Frederick, MD real estate market has seen increase in the number of listings by 2.7%. In March 2024 median list price was $434,918 and the average listing age was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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