Taxes
- Assessed Value: $452,833
- Assessed Year: 2026
- Assessed County: Frederick
- APN: 02-035383
- Market Land Value: 225100
- Tax Amount: 6959.55
- Tax Year: 2025
- Market Value: 491900
- Market Year: 2026
242 E 2nd St; Frederick, MD Property Details
Off market
242 E 2nd St Frederick, MD 21701
$452,833 Estimated Value
1 Baths
1,840 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1890
- Purchase Price: $134,500
- Open Loans / Balance: 1 / $270,298
- Est. Equity / %: $276,702 / 50.59%
- Gross Yield: 7.275%
- APN: 02-035383
- Situs County: Frederick
- Length Of Ownership: 26 years, 3 months
Rooms
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Stories: 2
- Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
- Building Condition: Average
- Building Quality: C
- Roof Type: Sawtooth
- Roof Cover Type: Metal
- Sewer Type: Municipal
- Deck: true
Measurements
- Total: 1,840/SqFt
- Lot: 3,586/SqFt
- Gross: 1,840/SqFt
- Living: 1,840/SqFt
- Building: 1,840/SqFt
- Ground: 920/SqFt
- Price Per Square Foot: $73.10
Legal Description
- Description: LT 24.8 X 144.6 242 E. 2ND ST. FREDERICK
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Frederick County Public Schools
- Lat / Lon: 39.4161 / -77.40535
- Subdivision: Frederick
- Property Class: Residential
- Zoning: DB
- County Use Code: R-B001
Amenities
- Plus Four: 5307
- Cooling: Central
- Heating: Yes
HOA
- H O A One: $155
- H O A Amount: $155
- H O A One Frequency: Annual
- H O A One Name: Meadows Community Service Association
- H O A One Type: Home Owner Association
- H O A Two Name: Maxwell Alley Garage Condo
- H O A Two Type: Home Owner Association
Ownership Info
242 E 2nd St has no associated ownership info
242 E 2nd St has no associated ownership info.
Taxes
242 E 2nd St has 9 associated Taxes items
242 E 2nd St, Frederick, MD pays taxes in Frederick County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $452,833. The APN we've located for 242 E 2nd St is 02-035383.
Unlock the full reportTax History
242 E 2nd St has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $452,833 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $6,959.55 | Change Rate +0.046834% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $405,467 | Land Value | Improvement Value | Tax Amount $6,648.19 | Change Rate +0.071575% | Assessed CR | Tax Rate +0.016396% |
| Year 2023 | Assessed Value $377,633 | Land Value | Improvement Value | Tax Amount $6,204.13 | Change Rate +0.055031% | Assessed CR | Tax Rate +0.016429% |
| Year 2022 | Assessed Value $349,800 | Land Value $173,900 | Improvement Value $175,900 | Tax Amount $5,880.52 | Change Rate -0.458309% | Assessed CR | Tax Rate +0.016811% |
| Year 2021 | Assessed Value $339,433 | Land Value | Improvement Value | Tax Amount $10,855.86 | Change Rate +1.052151% | Assessed CR | Tax Rate +0.031982% |
| Year 2020 | Assessed Value $329,067 | Land Value | Improvement Value | Tax Amount $5,289.99 | Change Rate +0.048413% | Assessed CR | Tax Rate +0.016076% |
| Year 2019 | Assessed Value $318,700 | Land Value $130,600 | Improvement Value $188,100 | Tax Amount $5,045.71 | Change Rate -0.079423% | Assessed CR | Tax Rate +0.015832% |
| Year 2018 | Assessed Value $307,267 | Land Value | Improvement Value | Tax Amount $5,481.03 | Change Rate +0.467415% | Assessed CR | Tax Rate +0.017838% |
| Year 2017 | Assessed Value $318,700 | Land Value | Improvement Value | Tax Amount $3,735.16 | Change Rate | Assessed CR | Tax Rate +0.01172% |
| Year 2016 | Assessed Value $284,400 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $271,933 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $259,467 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,633.71 | Change Rate | Assessed CR | Tax Rate |