39 E 5th St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated payment $4,134/month
Highlights
- City View
- 0.2 Acre Lot
- Stainless Steel Appliances
- Spring Ridge Elementary School Rated A-
- Colonial Architecture
- 2-minute walk to Laboring Sons Memorial Ground
About This Home
INVESTOR ALERT: Large lot has development potential to subdivide two TH lots or a duplex lot in the rear off Maxwell Alley. 3 unit multi-family, Two , 2 Bedroom 1 Bath renovated units include kitchen w/ stainless steel appliances, granite counters, stacked washer/dryer, luxury vinyl plank floors, updated : hot water heater & HVAC (2022) in UL, Mini split system & hot water heater installed (2022) in LL. Both units are vacant, ideal opportunity to live in one unit / rent the others. One 1 BR , 1 Bath unit recently renovated and currently rented month to month w/ long term tenant @ $800 a month. New asphalt shingles on rear , front metal roof painted ,and new new gutter system installed Dec 2024. Large lot includes right of way off Maxwell Alley w/ 3 bay garage , 1 rented mo to mo @ $125 a month w/ long term tenant, 2 other bays owner occupied. Off street parking for 10 + cars / opportunity to rent parking. Large yard affords possible future addition or take advantage of Frederick's ADU ordinance. Located in the heart of Frederick's Historic District,, near the MARC commuter rail, walk to restaurants, Carroll Creek park and all downtown living has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,073
Year Built
- Built in 1900
Lot Details
- 8,861 Sq Ft Lot
- Downtown Location
- Back Yard
- Historic Home
- Property is in excellent condition
Parking
- 3 Car Detached Garage
- Assigned parking located at #10+ spaces
- 10 Assigned Parking Spaces
- Fenced Parking
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Asphalt Roof
- Metal Roof
Interior Spaces
- Bathtub with Shower
- Ceiling Fan
- Wood Frame Window
- City Views
- Basement
- Exterior Basement Entry
- Stacked Washer and Dryer
Kitchen
- Eat-In Galley Kitchen
- Stove
- Stainless Steel Appliances
Flooring
- Partially Carpeted
- Luxury Vinyl Plank Tile
Outdoor Features
- Balcony
- Shed
- Porch
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Air Source Heat Pump
- Wall Furnace
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1102037041
Community Details
Overview
- 3 Units
- 3-Story Building
- Frederick Historic District Subdivision
Building Details
- 2 Vacant Units
- Income includes parking
- Insurance Expense $1,023
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,104 | $328,233 | $0 | $0 |
| 2023 | $5,624 | $310,867 | $0 | $0 |
| 2022 | $5,296 | $293,500 | $113,700 | $179,800 |
| 2021 | $4,996 | $276,333 | $0 | $0 |
| 2020 | $4,716 | $259,167 | $0 | $0 |
| 2019 | $4,367 | $242,000 | $87,400 | $154,600 |
| 2018 | $4,272 | $239,467 | $0 | $0 |
| 2017 | $4,221 | $242,000 | $0 | $0 |
| 2016 | $4,333 | $234,400 | $0 | $0 |
| 2015 | $4,333 | $234,400 | $0 | $0 |
| 2014 | $4,333 | $234,400 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | For Sale | $650,000 | +85.7% | $264 / Sq Ft |
| 12/09/2021 12/09/21 | Sold | $350,000 | 0.0% | $142 / Sq Ft |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | For Sale | $350,000 | -- | $142 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $156,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | Purchase Money Mortgage | |
| Previous Owner | $243,200 | Stand Alone Second | |
| Previous Owner | $246,000 | Purchase Money Mortgage | |
| Previous Owner | $246,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: MDFR2057818
APN: 02-037041
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