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304 Spring Bank Way; Frederick, MD Property Details

304 Spring Bank Way, Frederick, MD is a Townhouse that was built in 2021. This property is currently Financed,New Construction and is for sale. Our records show that 304 Spring Bank Way has 4 bedrooms, and 3.5 bathrooms, and a total of 2,416 square feet. The lot size of 304 Spring Bank Way is 1,420 square feet.

On Market for 81 days
304 Spring Bank Way Frederick, MD 21701
$450,000 Listing Price
4 Beds
3.5 Baths
2,416 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $359,453
  • Open Loans / Balance: 2 / $366,929
  • Est. Equity / %: $92,071 / 20.06%
  • Gross Yield: 7.411%
  • APN: 02-595742
  • Situs County: Frederick
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 3
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,416/SqFt
  • Lot: 1,420/SqFt
  • Gross: 2,816/SqFt
  • Garage: 400/SqFt
  • Living: 2,416/SqFt
  • Building: 2,816/SqFt
  • Ground: 816/SqFt
  • Price Per Square Foot: $148.78

Legal Description

  • Description: LOT 24 PLAT 1 1,420 SQ FT SPRING BANK
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: 39.453304 / -77.3976
  • Subdivision: Palt 1 Spring Bank
  • Property Class: Residential
  • County Use Code: TH-B003

Amenities

  • Plus Four: 3054
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $80
  • H O A Amount: $80
  • H O A One Frequency: Monthly
  • H O A One Name: Spring Bank Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

304 Spring Bank Way has no associated ownership info
304 Spring Bank Way has no associated ownership info.

Taxes

304 Spring Bank Way has 9 associated Taxes items

304 Spring Bank Way, 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 $396,967. The APN we've located for 304 Spring Bank Way is 02-595742.

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Taxes
  • Assessed Value:  $396,967
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-595742
  • Market Land Value:  110000
  • Tax Amount:  6606.71
  • Tax Year:  2025
  • Market Value:  431100
  • Market Year:  2026

Tax History

304 Spring Bank Way has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $396,967 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,606.71 Change Rate +0.046264% Assessed CR Tax Rate
Year 2024 Assessed Value $355,667 Land Value Improvement Value Tax Amount $6,314.57 Change Rate +0.070883% Assessed CR Tax Rate +0.017754%
Year 2023 Assessed Value $331,433 Land Value Improvement Value Tax Amount $5,896.6 Change Rate +0.05474% Assessed CR Tax Rate +0.017791%
Year 2022 Assessed Value $307,200 Land Value $75,000 Improvement Value $232,200 Tax Amount $5,590.57 Change Rate -0.484594% Assessed CR Tax Rate +0.018198%
Year 2021 Assessed Value $296,100 Land Value Improvement Value Tax Amount $10,846.92 Change Rate +16.946592% Assessed CR Tax Rate +0.036633%
Year 2020 Assessed Value $34,167 Land Value Improvement Value Tax Amount $604.4 Change Rate +0.051807% Assessed CR Tax Rate +0.01769%
Year 2019 Assessed Value $32,500 Land Value $32,500 Improvement Value Tax Amount $574.63 Change Rate -0.008814% Assessed CR Tax Rate +0.017681%
Year 2018 Assessed Value $32,500 Land Value $32,500 Improvement Value Tax Amount $579.74 Change Rate Assessed CR Tax Rate +0.017838%