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502 Elm St; Frederick, MD Property Details

502 Elm St, Frederick, MD is a Townhouse that was built in 1915. This property is currently a cash purchase and is not for sale. Our records show that 502 Elm St has 5 bedrooms, and 2.5 bathrooms, and a total of 2,033 square feet. The lot size of 502 Elm St is 1,840 square feet.

Off market
502 Elm St Frederick, MD 21701
$245,000 Listing Price
5 Beds
2.5 Baths
2,033 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1915
  • Purchase Price: $245,000
  • Est. Equity / %: $416,000 / 100%
  • Gross Yield: 10.168%
  • APN: 02-022133
  • Situs County: Frederick
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2.5
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 2,033/SqFt
  • Lot: 1,840/SqFt
  • Gross: 2,033/SqFt
  • Living: 2,033/SqFt
  • Basement: 400/SqFt
  • Building: 2,033/SqFt
  • Ground: 664/SqFt
  • Basement Finished: 400/SqFt
  • Price Per Square Foot: $120.51

Legal Description

  • Description: LT 23 X 80 502 ELM 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: 39.420883 / -77.41608
  • Subdivision: Frederick
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: R-B002

Amenities

  • Plus Four: 4927
  • Fireplaces: 1
  • Heating: Radiant

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

502 Elm St has no associated ownership info
502 Elm St has no associated ownership info.

Taxes

502 Elm St has 9 associated Taxes items

502 Elm 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 $445,133. The APN we've located for 502 Elm St is 02-022133.

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Taxes
  • Assessed Value:  $445,133
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-022133
  • Market Land Value:  199600
  • Tax Amount:  6977.41
  • Tax Year:  2025
  • Market Value:  515800
  • Market Year:  2026

Tax History

502 Elm St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $445,133 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,977.41 Change Rate +0.046755% Assessed CR Tax Rate
Year 2024 Assessed Value $381,267 Land Value Improvement Value Tax Amount $6,665.75 Change Rate +0.071431% Assessed CR Tax Rate +0.017483%
Year 2023 Assessed Value $352,733 Land Value Improvement Value Tax Amount $6,221.35 Change Rate +0.055348% Assessed CR Tax Rate +0.017638%
Year 2022 Assessed Value $324,200 Land Value $97,100 Improvement Value $227,100 Tax Amount $5,895.07 Change Rate -0.487661% Assessed CR Tax Rate +0.018183%
Year 2021 Assessed Value $321,700 Land Value Improvement Value Tax Amount $11,506.18 Change Rate +1.017149% Assessed CR Tax Rate +0.035767%
Year 2020 Assessed Value $319,200 Land Value Improvement Value Tax Amount $5,704.18 Change Rate +0.046971% Assessed CR Tax Rate +0.01787%
Year 2019 Assessed Value $316,700 Land Value $84,200 Improvement Value $232,500 Tax Amount $5,448.27 Change Rate +0.024361% Assessed CR Tax Rate +0.017203%
Year 2018 Assessed Value $298,167 Land Value Improvement Value Tax Amount $5,318.7 Change Rate +0.432948% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $316,700 Land Value Improvement Value Tax Amount $3,711.72 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $261,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $261,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $261,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,819.65 Change Rate Assessed CR Tax Rate