Large Location Icon

242 W 5th St; Frederick, MD Property Details

242 W 5th St, Frederick, MD is a Townhouse that was built in 1923. This property is currently Financed and is not for sale. Our records show that 242 W 5th St has 1.5 bathrooms, and a total of 1,744 square feet. The lot size of 242 W 5th St is 3,700 square feet.

Off market
242 W 5th St Frederick, MD 21701
$366,433 Estimated Value
1.5 Baths
1,744 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $74,000
  • Open Loans / Balance: 1 / $37,771
  • Est. Equity / %: $500,229 / 92.98%
  • Gross Yield: 6.48%
  • APN: 02-068931
  • Situs County: Frederick
  • Length Of Ownership: 39 years

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 1,744/SqFt
  • Lot: 3,700/SqFt
  • Gross: 1,744/SqFt
  • Garage: 288/SqFt
  • Living: 1,744/SqFt
  • Basement: 400/SqFt
  • Building: 1,744/SqFt
  • Ground: 672/SqFt
  • Basement Finished: 400/SqFt
  • Price Per Square Foot: $42.43

Legal Description

  • Description: LT 20 X 197 242 W. 5TH ST. FREDERICK
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frederick County Public Schools
  • Lat / Lon: 39.42045 / -77.41453
  • Subdivision: Frederick
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: R-B002

Amenities

  • Plus Four: 4902
  • Garage: Carport
  • Heating: Radiant
  • Parking: 1

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: Condo  Owner Association
  • H O A Two Name: Maxwell Alley Garage Condo
  • H O A Two Type: Condo  Owner Association

Ownership Info

242 W 5th St has no associated ownership info
242 W 5th St has no associated ownership info.

Taxes

242 W 5th St has 9 associated Taxes items

242 W 5th 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 $366,433. The APN we've located for 242 W 5th St is 02-068931.

Unlock the full report
Taxes
  • Assessed Value:  $366,433
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-068931
  • Market Land Value:  204400
  • Tax Amount:  5578.91
  • Tax Year:  2025
  • Market Value:  393700
  • Market Year:  2026

Tax History

242 W 5th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $366,433 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,578.91 Change Rate +0.048344% Assessed CR Tax Rate
Year 2024 Assessed Value $322,167 Land Value Improvement Value Tax Amount $5,321.64 Change Rate +0.07242% Assessed CR Tax Rate +0.016518%
Year 2023 Assessed Value $291,533 Land Value Improvement Value Tax Amount $4,962.27 Change Rate +0.055908% Assessed CR Tax Rate +0.017021%
Year 2022 Assessed Value $260,900 Land Value $124,200 Improvement Value $136,700 Tax Amount $4,699.53 Change Rate -0.457317% Assessed CR Tax Rate +0.018013%
Year 2021 Assessed Value $248,000 Land Value Improvement Value Tax Amount $8,659.8 Change Rate +1.053458% Assessed CR Tax Rate +0.034919%
Year 2020 Assessed Value $235,100 Land Value Improvement Value Tax Amount $4,217.18 Change Rate +0.049927% Assessed CR Tax Rate +0.017938%
Year 2019 Assessed Value $222,200 Land Value $99,100 Improvement Value $123,100 Tax Amount $4,016.64 Change Rate +0.013382% Assessed CR Tax Rate +0.018077%
Year 2018 Assessed Value $222,200 Land Value $99,100 Improvement Value $123,100 Tax Amount $3,963.6 Change Rate +0.522015% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $222,200 Land Value Improvement Value Tax Amount $2,604.18 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $225,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $221,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $217,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,047.25 Change Rate Assessed CR Tax Rate