When was property at 516 Military Road built and last sold?

The property at 516 Military Road was built in 1951 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 516 Military Road is $257,948.

What are some comparable homes to 516 Military Road?

There are currently no comparable homes to 516 Military Road.

Frederick

21702

Villa Estates

516 MILITARY ROAD

$250,000

● House - Off Market

516 MILITARY ROAD

FREDERICK, MD 21702

3 Beds

2 Baths

1,520 Ft²

$1,632

Est. Monthly

11.26%

Cap Rate

About This Property

expansive rancher on a nice .217 acre city lot; 3 beds 2 baths, large kitchen opens to a family room. This is an estate sold "as-is" and in need of rehab. Perfect for an investor. NEWER HVAC and WH.

Unit Size

1,520 Ft²

Days on Market

Land Size

0.22 acres

Price per sqft

$164

Property Type

House

Property Taxes

$404

HOA Dues

Year Built

1951

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #MDFR2066558)

Price History

Date / Event	Date	Event
Jul 10, 2025	Sold	Premium
Sold
Jul 1, 2025	In contract	-
In contract
Jun 27, 2025	Listed by Long & Foster Real Estate, Inc.	$249,900
Listed by Long & Foster Real Estate, Inc.
Aug 5, 1997	Sold	Premium
Sold
Aug 31, 1988	Sold	Premium
Sold

Property Highlights

Air Conditioning

With View

Building Info

Overview

General

Year Built: 1951

Effective Year Built: 1951
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 9
Construction Type: 0
Building Style: 0
Exterior Walls Type: 25
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,452

Lot Size Depth Feet: 1,680
Lot Size Frontage Feet: 560
Total Building Area: 1,520
Gross Building Area: 1,520
Building Area: 1,520
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 13

Heating: 4
Heated Square Feet: 1,520
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FREDERICK
Land Acres: 0000000217
Standard Land Use Code: 1001
County Land Use Code: R-B001
Legal Description 1: LT 56 X 168.8 516 MILITARY RD. FREDERICK

Neighborhood

School District Name: Frederick County Public Schools

Census Tract: 750702

Zoning

Zoning: R6

Geography

Assessors Map Reference: 67D 11 325E

Account Number: 116219
District: 02
Parcel: 02-116219
Lot: 516
Municipality: FREDERICK CITY
Latitude: 39.431
Longitude: -77.4288

Address

Full Address: 516 Military Rd

Address - House Number: 516
Address - Street Name: Military
Address - Suffix Type: Rd
State: MD
City Name: Frederick
Carrier Code: C025
4-Digit Zip Code: 8242
Zip Code: 21702

Valuation

Tax

Tax Year: 2023

Tax Amount: $415,077
Initial Tax Delinquent Year: 2019
Tax Rate Code Area: 004

Appraisal Valuation

Standard Deviation: 0.1476

Valuation Date: Sep 21, 2023
Confidence Score: 82
Final Value: 382,467
High Value: 438,928
Low Value: 326,006

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $285,800

Market Land Value: $119,100
Market Improvement Value: $166,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $238,333

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Recording Date: Oct 25, 2002

Current Sale Document Type: 27
Current Sale Input Document Number: 028247
Previous Sale Recording Date: Aug 05, 1997
Previous Sale Amount: $2,913
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Villa Estates

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

Average Home Size

2209 ft²

Average Home Age

76.2 years

Currently For Sale

6 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 101 W South Street, FREDERICK, MD, 21701

$2,895 /mo

3 Beds
2 Baths
13,000 ft²

101 W South Street, FREDERICK, MD, 21701 Listing by Cynthia K Gibson

Unit for rent at 328 Madison Street, FREDERICK, MD, 21701

$3,000 /mo

4 Beds
3 Baths
933 ft²

328 Madison Street, FREDERICK, MD, 21701 Listing by Robert Krop

Unit for rent at 231 Market Street N, FREDERICK, MD, 21701

$2,995 /mo

3 Beds
2 Baths

231 Market Street N #3, FREDERICK, MD, 21701 Listing by Jennifer Pascal

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Robert N Whalen
Long & Foster Real Estate, Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDFR2066558

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

516 MILITARY ROAD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Villa Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions