Taxes
- Assessed Value: $643,233
- Assessed Year: 2026
- Assessed County: Frederick
- APN: 02-118726
- Market Land Value: 345000
- Tax Amount: 10361.11
- Tax Year: 2025
- Market Value: 731300
- Market Year: 2026
505 W 2nd St; Frederick, MD Property Details
Off market
505 W 2nd St Frederick, MD 21701
$643,233 Estimated Value
3 Baths
2,705 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1940
- Purchase Price: $305,000
- Open Loans / Balance: 1 / $389,930
- Est. Equity / %: $346,070 / 47.02%
- Gross Yield: 7.939%
- APN: 02-118726
- Situs County: Frederick
- Length Of Ownership: 23 years, 8 months
Rooms
- Bathrooms: 3
- Full Bathrooms: 2
- Partial Bathrooms: 2
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: 2,705/SqFt
- Lot: 9,009/SqFt
- Gross: 2,705/SqFt
- Living: 2,705/SqFt
- Basement: 377/SqFt
- Building: 2,705/SqFt
- Ground: 1,258/SqFt
- Basement Finished: 377/SqFt
- Price Per Square Foot: $112.75
Legal Description
- Description: LT 45 1/2 X 198 505 W. 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: 39.41756 / -77.42182
- Subdivision: Frederick
- Property Class: Residential
- Zoning: R6
- County Use Code: R-B001
Amenities
- Plus Four: 4875
- Cooling: Central
- Fireplaces: 1
- Heating: Heat Pump
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
505 W 2nd St has no associated ownership info
505 W 2nd St has no associated ownership info.
Taxes
505 W 2nd St has 9 associated Taxes items
505 W 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 $643,233. The APN we've located for 505 W 2nd St is 02-118726.
Unlock the full reportTax History
505 W 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 $643,233 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $10,361.11 | Change Rate +0.046525% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,900.49 | Change Rate +0.07129% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $522,467 | Land Value | Improvement Value | Tax Amount $9,241.65 | Change Rate +0.055079% | Assessed CR | Tax Rate +0.017688% |
| Year 2022 | Assessed Value $484,100 | Land Value $252,000 | Improvement Value $232,100 | Tax Amount $8,759.2 | Change Rate -0.493247% | Assessed CR | Tax Rate +0.018094% |
| Year 2021 | Assessed Value $483,100 | Land Value | Improvement Value | Tax Amount $17,284.94 | Change Rate +1.006107% | Assessed CR | Tax Rate +0.035779% |
| Year 2020 | Assessed Value $482,100 | Land Value | Improvement Value | Tax Amount $8,616.16 | Change Rate +0.010652% | Assessed CR | Tax Rate +0.017872% |
| Year 2019 | Assessed Value $481,100 | Land Value $221,300 | Improvement Value $259,800 | Tax Amount $8,525.35 | Change Rate +0.043367% | Assessed CR | Tax Rate +0.017721% |
| Year 2018 | Assessed Value $458,067 | Land Value | Improvement Value | Tax Amount $8,171 | Change Rate +0.449147% | Assessed CR | Tax Rate +0.017838% |
| Year 2017 | Assessed Value $481,100 | Land Value | Improvement Value | Tax Amount $5,638.49 | Change Rate | Assessed CR | Tax Rate +0.01172% |
| Year 2016 | Assessed Value $412,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $410,600 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $409,200 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,464.53 | Change Rate | Assessed CR | Tax Rate |