$2,600,000
SOLD DEC 27, 2024
3.7 Acres
$702,703 Price per Acre
161,172 Sq Ft Lot

Recently Sold

13% Below List Price

About This Lot

As of December 2024

This site/parcel is ideal for apartments, condos or assisted living. Thomas Johnson Drive is home to the largest concentration of diverse medical practices within all of Frederick County. Frederick is amongst the strongest multifamily markets within the state of Maryland. The site is flat, cleared and has great access to major commuter routes, and a 5 minute drive to historic downtown Frederick City.

Last Agent to Sell the Property

Chad Tyler

Tyler Duncan Realty Partners, Inc.

Last Buyer's Agent

Brian Duncan

Tyler Duncan Realty Partners, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,191

Year Built

  • 2007

Lot Details

  • 3.7 Acre Lot
  • Property is zoned COMMERCIAL

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02185903

Property Details

Property Type

Land

Est. Annual Taxes

$34,191

Year Built

2007

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: This site/parcel is ideal for apartments, condos or assisted living. Thomas Johnson Drive is home to the largest concentration of diverse medical practices within all of Frederick County. Frederick is amongst the strongest multifamily markets within the state of Maryland. The site is flat, cleared and has great access to major commuter routes, and a 5 minute drive to historic downtown Frederick City.
  • Special Features: None
  • Year Built (Public Record): 2007

Interior Features

  • Price Per Sq Ft: 18.61
  • Street Number Modifier: 57

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 161172.00
  • Zoning: COMMERCIAL
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 02185903
  • Tax Year: 2024
  • Close Date: 12/27/2024

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $2,600,000 -13.3% --
04/01/2024 04/01/24 For Sale $3,000,000 0.0% --
12/31/2023 12/31/23 Sold $3,000,000 0.0% --
11/14/2022 11/14/22 For Sale $3,000,000 -- --
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
2022 $34,191 $1,892,400 $976,800 $915,600
2021 $33,782 $1,892,400 $976,800 $915,600
2020 $33,782 $1,893,100 $976,800 $916,300
2019 $33,765 $1,893,100 $976,800 $916,300
2018 $33,769 $1,893,100 $976,800 $916,300
2017 $22,192 $1,893,500 $0 $0
2016 $52,905 $1,863,000 $0 $0
2015 $52,905 $1,832,500 $0 $0
2014 $52,905 $2,536,600 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,048,000 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Assignment Deed $840,000 None Listed On Document
Deed -- --
Deed $205,600 --
Source: Public Records

Source: Bright MLS

MLS Number: MDFR2046504

Bright MLS

APN: 02-185903