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127 South Market Street

127 South Market Street, Frederick, MD 21701
1 Units For Sale
Unit for sale at 127 S MARKET ST, FREDERICK, MD 21701

$799,900

  • 4 Beds
  • 6 Baths
  • 2,579 ft²
127 S MARKET ST, FREDERICK, MD 21701 Listing by Jeremy Mcdonough

127 South Market Street has been categorized by the local assessors in Frederick, MD as a residential type of property. The building on the property was first built in 2007 and is 17 years old. In addition, 127 South Market Street has 2,579 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,407 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 127 South Market Street was last sold in Jul 24, 2023 for $580,000. According to our calculations, that's $224.89 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Sep 4, 2015. Current property owners are expected to pay $8,252 in taxes per year. The property on 127 South Market Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $464,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Parking

Private Parking
Assigned Parking

Facilities

Laundry Room

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,407
  • Total Building Area: 2,579
  • Gross Building Area: 2,579
  • Building Area: 2,579
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,579
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARKET SQUARE CONDO PH 4
  • Land Acres: 0.055
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 127 PHASE 4 2,407 SQ FT HOMES @ MARKET SQUARE CO

Ownership

  • Current Owner : ROSSEN BROTHERS LLC
  • Previous Owner : SMARIQA JAMES BRADLEY
  • Owner Before Previous Owner: HOMES AT MARKET SQUARE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Frederick County Public Schools
  • Census Tract: 750300

Geography

  • Assessors Map Reference: 77B 10 94
  • Account Number: 592071
  • District: 02
  • Subdivision Phase Number: 2,4
  • Parcel: 02-592071
  • Lot: 127
  • Municipality: FREDERICK CITY
  • Latitude: 39.4115
  • Longitude: -77.4115

    Address

  • Full Address: 127 S Market St
  • Legal Unit: 127
  • Address - House Number: 127
  • Street Direction: S
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: MD
  • City Name: Frederick
  • Carrier Code: C012
  • 4-Digit Zip Code: 5526
  • Zip Code: 21701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,252
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.0743
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 95
  • Final Value: 708,885
  • High Value: 761,565
  • Low Value: 656,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $604,100
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 27, 2023
  • First Open Lien Mortgage Loan Amount: $604,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $145,000
  • Market Improvement Value: $355,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Transaction ID: 11909928299
  • Current Sale Price: $580,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 11, 2015
  • Previous Sale Contract Date: Sep 04, 2015
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Jul 27, 2023
  • First Mortgage Loan Amount: $604,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SANDY SPRING BANK
  • Previous Mortgage Transaction Date: Sep 11, 2015
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Downtown Frederick



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Frequently Asked Questions

What neighborhood is 127 South Market Street located in?
The 127 South Market Street is a located in the neighborhood of Downtown Frederick in Downtown Frederick, Frederick.
How many listings are currently for sale in 127 South Market Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 127 South Market Street?
The average sales price for units in 127 South Market Street is $799,900 , or $310/sqft. currently.

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