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507 W 2nd St; Frederick, MD Property Details

507 W 2nd St, Frederick, MD is a Single Family that was built in 1931. This property is currently Financed and is not for sale. Our records show that 507 W 2nd St has 3 bathrooms, and a total of 2,453 square feet. The lot size of 507 W 2nd St is 9,070 square feet.

Off market
201 Upper College Ter Frederick, MD 21701
$866,500 Estimated Value
3 Baths
2,453 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1931
  • Purchase Price: $625,000
  • Open Loans / Balance: 1 / $304,702
  • Est. Equity / %: $742,298 / 70.9%
  • Gross Yield: 7.083%
  • APN: 02-123118
  • Situs County: Frederick
  • Length Of Ownership: 14 years, 3 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Slate
  • Sewer Type: Municipal
  • Attic: true

Measurements

  • Total: 2,453/SqFt
  • Lot: 9,070/SqFt
  • Attic: 350/SqFt
  • Gross: 2,873/SqFt
  • Garage: 420/SqFt
  • Living: 2,453/SqFt
  • Building: 2,873/SqFt
  • Ground: 1,422/SqFt
  • Price Per Square Foot: $254.79

Legal Description

  • Description: LT 47.74 X 190 201 U. COLLEGE TERR. 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: 39.417454 / -77.42109
  • Subdivision: Zimmermans Add
  • Property Class: Residential
  • Zoning: R6
  • County Use Code: R-B001

Amenities

  • Plus Four: 4841
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Baseboard
  • 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

201 Upper College Ter has no associated ownership info
201 Upper College Ter has no associated ownership info.

Taxes

201 Upper College Ter has 9 associated Taxes items

507 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 $866,500. The APN we've located for 507 W 2nd St is 02-123118.

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Taxes
  • Assessed Value:  $866,500
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-123118
  • Market Land Value:  345700
  • Tax Amount:  13421.81
  • Tax Year:  2025
  • Market Value:  940300
  • Market Year:  2026

Tax History

201 Upper College Ter has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $866,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $13,421.81 Change Rate +0.048524% Assessed CR Tax Rate
Year 2024 Assessed Value $761,533 Land Value Improvement Value Tax Amount $12,800.67 Change Rate +0.073162% Assessed CR Tax Rate +0.016809%
Year 2023 Assessed Value $693,467 Land Value Improvement Value Tax Amount $11,927.99 Change Rate +0.056493% Assessed CR Tax Rate +0.017201%
Year 2022 Assessed Value $625,400 Land Value $252,200 Improvement Value $373,200 Tax Amount $11,290.17 Change Rate -0.494789% Assessed CR Tax Rate +0.018053%
Year 2021 Assessed Value $625,400 Land Value $252,200 Improvement Value $373,200 Tax Amount $22,347.42 Change Rate +1.004053% Assessed CR Tax Rate +0.035733%
Year 2020 Assessed Value $625,400 Land Value $252,200 Improvement Value $373,200 Tax Amount $11,151.11 Change Rate -0.002663% Assessed CR Tax Rate +0.01783%
Year 2019 Assessed Value $627,400 Land Value $221,500 Improvement Value $405,900 Tax Amount $11,180.88 Change Rate +0.031206% Assessed CR Tax Rate +0.017821%
Year 2018 Assessed Value $607,833 Land Value Improvement Value Tax Amount $10,842.53 Change Rate +0.474546% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $627,400 Land Value Improvement Value Tax Amount $7,353.13 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $568,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $557,633 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $546,567 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $9,774.45 Change Rate Assessed CR Tax Rate