1216 N Market St Frederick, MD 21701
Selwyn Farms Neighborhood
4
Beds
2
Baths
2,306
Sq Ft
0.32
Acres
Highlights
- View of Trees or Woods
- 0.32 Acre Lot
- Deck
- North Frederick Elementary School Rated A-
- Colonial Architecture
- 4-minute walk to Staley Park
About This Home
As of November 2024MAJOR PRICE REDUCTION! Step back in time, yet make it your own. Very rare investor's dream opportunity here for this 4 bedroom 2 full bath 4,310 total sqft home; including 3,125 sqft of main and upper levels waiting to be finished to suit! NOTE ON ARV: Completely remodeled pending comp directly across the street 1207 N Market St is under contract with offer in 5 days at list price of $879,000. Unlock the potential of this historic gem located in heart of Downtown Frederick on what many would claim the most desirable street, Market St. This property presents a rare chance to restore and re-imagine a piece of Frederick's rich architectural heritage. Situated in a prime location, open backs to trees, awaiting fresh landscaping, corner lot at W 13th St and N Market; this fixer-upper retains all its original features and offers a blank canvas for those with vision. Enjoy the property's proximity to Downtown Frederick with too many restaurants, bars, and shops to count! The vibrant community and easy access to major highways make this an attractive investment opportunity. With significant renovation potential, this property promises excellent returns for investors or homeowners willing to restore it to its former glory. Some significant features to point out include: 2 car detached garage parking, 5+ car driveway parking, side street parking; right in the heart of Downtown; easy access to anywhere you need to get in Frederick & surrounding areas on and off nearby highways; corner lot on what many claim to be the best street in Frederick; short walkability to nearby schools, restaurants, bars, shops; timeless true hardwoods throughout; 1883 original stone foundation repointed; metal roof appears to be in very good condition. Don't miss out on this chance to create a standout residence in one of Frederick's most sought-after neighborhoods.
NOTE: This is an estate sale being sold strictly AS-IS where is by an out of state seller. Seller has never occupied the home, therefore are exempt from property disclosure/disclaimer, they do not have knowledge of the condition of the property, nor are they responsible to warrant or guarantee the condition. Seller prefers and strongly encourages buyers to bring contractors, inspectors and/or builders upon your confirmed walk through appointment scheduled showing to ensure you as a buyer and/or contract are qualified to perform the work needed to restore this beautiful home. Seller has confirmed with Frederick County Register of Historical Places, this property is NOT under any historical designation they're aware of.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,777
Year Built
- Built in 1883
Lot Details
- 0.32 Acre Lot
- Downtown Location
- Landscaped
- Extensive Hardscape
- Corner Lot
- Level Lot
- Open Lot
- Wooded Lot
- Backs to Trees or Woods
- Property is in below average condition
- Property is zoned R6
Parking
- 2 Car Detached Garage
- 5 Driveway Spaces
- Parking Storage or Cabinetry
- Front Facing Garage
- Side Facing Garage
- Garage Door Opener
Property Views
- Woods
- Garden
Home Design
- Colonial Architecture
- Transitional Architecture
- Traditional Architecture
- Farmhouse Style Home
- Fixer Upper
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Metal Roof
- Stucco
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Beamed Ceilings
- High Ceiling
- Gas Fireplace
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
- Attic
Kitchen
- Eat-In Country Kitchen
- Breakfast Area or Nook
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
- Dirt Floor
Outdoor Features
- Deck
- Brick Porch or Patio
- Playground
- Rain Gutters
Schools
- North Frederick Elementary School
- Gov. Thomas Johnson Middle School
- Gov. Thomas Johnson High School
Utilities
- Radiator
- Heating System Uses Natural Gas
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Downtown Frederick Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 1102093243
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $500,000 | -4.8% | $217 / Sq Ft |
| 10/27/2024 10/27/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | Price Changed | $525,000 | 0.0% | $228 / Sq Ft |
| 10/08/2024 10/08/24 | For Sale | $525,000 | -4.5% | $228 / Sq Ft |
| 09/08/2024 09/08/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | Price Changed | $550,000 | -4.3% | $239 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $575,000 | -4.2% | $249 / Sq Ft |
| 07/11/2024 07/11/24 | For Sale | $599,999 | -- | $260 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $6,541 | $366,300 | $0 | $0 |
| 2023 | $6,109 | $342,400 | $0 | $0 |
| 2022 | $5,739 | $318,500 | $101,900 | $216,600 |
| 2021 | $5,365 | $308,400 | $0 | $0 |
| 2020 | $5,365 | $298,300 | $0 | $0 |
| 2019 | $5,183 | $288,200 | $94,900 | $193,300 |
| 2018 | $5,155 | $284,033 | $0 | $0 |
| 2017 | $5,030 | $288,200 | $0 | $0 |
| 2016 | $4,722 | $275,700 | $0 | $0 |
| 2015 | $4,722 | $270,500 | $0 | $0 |
| 2014 | $4,722 | $265,300 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | New Conventional | |
| Closed | $475,000 | New Conventional | |
| Previous Owner | $58,500 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | First American Title | |
| Deed | $500,000 | First American Title | |
| Deed | $136,000 | -- | |
| Deed | $78,000 | -- |
Source: Public Records
Similar Homes in Frederick, MD
Source: Bright MLS
MLS Number: MDFR2050976
APN: 02-093243
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