413 N Market St Frederick, MD 21701
Downtown Frederick Neighborhood
--
Bed
--
Bath
4,888
Sq Ft
8,611
Sq Ft Lot
Highlights
- 0.2 Acre Lot
- Colonial Architecture
- Forced Air Heating and Cooling System
- Parkway Elementary School Rated A-
- Outdoor Storage
- 4-minute walk to Bonita W. Maas Park
About This Home
As of March 2025This historic downtown property has been an excellent investment for the current owners and can be one for you. The ground floor is a dry cleaners and alteration business that has been there for 34 years. The upper level has two one bedroom apartments. All dry cleaning is done off premises. The two apartments are accessed through the right side front door and up an impressive staircase. The drive way is owned by the seller and leads to 2 or more parking spaces in the rear. The property has a separate garage and large storage building which are not rented but offer additional potential rental income. There is an abundance of potential uses. Klineharts Alley is a convenient exit/entrance for the rear parking area. All tenants are month to month and prefer to stay. The business also wants to continue at this location. The building is in very good condition, and this is a premium location for commercial/residential use.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,044
Year Built
- Built in 1834
Lot Details
- 8,611 Sq Ft Lot
- Property is in good condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Basement
- Interior Basement Entry
- Electric Oven or Range
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
Outdoor Features
- Outdoor Storage
- Outbuilding
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1102039893
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 |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $660,000 | +1.5% | $135 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | For Sale | $650,000 | -- | $133 / 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 | $9,209 | $488,833 | $0 | $0 |
| 2023 | $8,274 | $446,367 | $0 | $0 |
| 2022 | $7,485 | $403,900 | $116,800 | $287,100 |
| 2021 | $6,859 | $383,200 | $0 | $0 |
| 2020 | $6,662 | $362,500 | $0 | $0 |
| 2019 | $6,293 | $341,800 | $116,800 | $225,000 |
| 2018 | $6,209 | $334,067 | $0 | $0 |
| 2017 | $6,012 | $341,800 | $0 | $0 |
| 2016 | $5,854 | $318,600 | $0 | $0 |
| 2015 | $5,854 | $315,667 | $0 | $0 |
| 2014 | $5,854 | $312,733 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,000 | Seller Take Back | |
| Open | $528,000 | Credit Line Revolving | |
| Previous Owner | $122,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $660,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $190,000 | -- | |
| Deed | $125,000 | -- |
Source: Public Records
Similar Homes in Frederick, MD
Source: Bright MLS
MLS Number: MDFR2058754
APN: 02-039893
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