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506 W 2nd St; Frederick, MD Property Details

506 W 2nd St, Frederick, MD is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 506 W 2nd St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,622 square feet. The lot size of 506 W 2nd St is 6,697 square feet.

Off market
506 W 2nd St Frederick, MD 21701
$950,000 Listing Price
3 Beds
2.5 Baths
2,622 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1940
  • Purchase Price: $950,000
  • Open Loans / Balance: 1 / $196,623
  • Est. Equity / %: $1,097,377 / 84.81%
  • Gross Yield: 6.774%
  • APN: 02-101777
  • Situs County: Frederick
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,622/SqFt
  • Lot: 6,697/SqFt
  • Gross: 2,622/SqFt
  • Garage: 672/SqFt
  • Living: 2,622/SqFt
  • Basement: 400/SqFt
  • Building: 2,622/SqFt
  • Ground: 1,536/SqFt
  • Price Per Square Foot: $362.32

Legal Description

  • Description: LT 47 1/2 X 141 506 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: 39.417053 / -77.42189
  • Subdivision: Zimmermans Add
  • Property Class: Residential
  • Zoning: R6
  • County Use Code: R-B001

Amenities

  • Plus Four: 4876
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

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

506 W 2nd St has no associated ownership info
506 W 2nd St has no associated ownership info.

Taxes

506 W 2nd St has 9 associated Taxes items

506 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 $933,933. The APN we've located for 506 W 2nd St is 02-101777.

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Taxes
  • Assessed Value:  $933,933
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-101777
  • Market Land Value:  321900
  • Tax Amount:  14329.16
  • Tax Year:  2025
  • Market Value:  998000
  • Market Year:  2026

Tax History

506 W 2nd St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $933,933 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $14,329.16 Change Rate +0.048793% Assessed CR Tax Rate
Year 2024 Assessed Value $823,867 Land Value Improvement Value Tax Amount $13,662.52 Change Rate +0.073196% Assessed CR Tax Rate +0.016583%
Year 2023 Assessed Value $745,833 Land Value Improvement Value Tax Amount $12,730.69 Change Rate +0.05652% Assessed CR Tax Rate +0.017069%
Year 2022 Assessed Value $667,800 Land Value $242,700 Improvement Value $425,100 Tax Amount $12,049.64 Change Rate -0.494785% Assessed CR Tax Rate +0.018044%
Year 2021 Assessed Value $667,800 Land Value $242,700 Improvement Value $425,100 Tax Amount $23,850.54 Change Rate +1.004053% Assessed CR Tax Rate +0.035715%
Year 2020 Assessed Value $667,800 Land Value $242,700 Improvement Value $425,100 Tax Amount $11,901.15 Change Rate -0.022031% Assessed CR Tax Rate +0.017821%
Year 2019 Assessed Value $683,300 Land Value $216,000 Improvement Value $467,300 Tax Amount $12,169.25 Change Rate +0.033076% Assessed CR Tax Rate +0.01781%
Year 2018 Assessed Value $660,367 Land Value Improvement Value Tax Amount $11,779.63 Change Rate +0.470931% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $683,300 Land Value Improvement Value Tax Amount $8,008.28 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $614,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $614,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $614,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $10,854.34 Change Rate Assessed CR Tax Rate