Large Location Icon

308 Spring Bank Way; Frederick, MD Property Details

308 Spring Bank Way, Frederick, MD is a Townhouse that was built in 2021. This property is currently Financed and is not for sale. Our records show that 308 Spring Bank Way has 4 bedrooms, and 2.5 bathrooms, and a total of 2,400 square feet. The lot size of 308 Spring Bank Way is 1,420 square feet.

Off market
308 Spring Bank Way Frederick, MD 21701
$435,000 Listing Price
4 Beds
2.5 Baths
2,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $435,000
  • Open Loans / Balance: 1 / $377,942
  • Est. Equity / %: $78,058 / 17.12%
  • Gross Yield: 7.355%
  • APN: 02-595740
  • Situs County: Frederick
  • Length Of Ownership: 3 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,400/SqFt
  • Lot: 1,420/SqFt
  • Gross: 2,800/SqFt
  • Garage: 400/SqFt
  • Living: 2,400/SqFt
  • Building: 2,800/SqFt
  • Ground: 800/SqFt
  • Price Per Square Foot: $181.25

Legal Description

  • Description: LOT 22 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: 39.45323 / -77.39749
  • 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

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

Taxes

308 Spring Bank Way has 9 associated Taxes items

308 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 $398,700. The APN we've located for 308 Spring Bank Way is 02-595740.

Unlock the full report
Taxes
  • Assessed Value:  $398,700
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-595740
  • Market Land Value:  110000
  • Tax Amount:  7061.03
  • Tax Year:  2025
  • Market Value:  432100
  • Market Year:  2026

Tax History

308 Spring Bank Way has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $398,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,061.03 Change Rate +0.063062% Assessed CR Tax Rate
Year 2024 Assessed Value $357,600 Land Value Improvement Value Tax Amount $6,642.16 Change Rate +0.092831% Assessed CR Tax Rate +0.018574%
Year 2023 Assessed Value $333,200 Land Value Improvement Value Tax Amount $6,077.94 Change Rate +0.081632% Assessed CR Tax Rate +0.018241%
Year 2022 Assessed Value $308,800 Land Value $75,000 Improvement Value $233,800 Tax Amount $5,619.23 Change Rate -0.477848% Assessed CR Tax Rate +0.018197%
Year 2021 Assessed Value $297,667 Land Value Improvement Value Tax Amount $10,761.68 Change Rate +16.80556% Assessed CR Tax Rate +0.036153%
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%