See Home Value
$505,000
● House - Off Market

702 MIDWAY DRIVE

FREDERICK, MD 21701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,598 Ft²
$3,079
Est. Monthly
6.72%
Cap Rate

About This Property

Welcome to this spacious 4BR, 3.5BA brick-front home with updates throughout! Features a wide driveway for 4 cars, new front and back doors (2023), and a covered front porch. Main level includes hardwood floors, a bright living room with bay window and recessed lighting, vestibule entry, and 3 bedrooms including an owner's suite with private half bath.

The kitchen offers stainless steel appliances (fridge, stove, built-in microwave), black dishwasher, dual sink, built-in china cabinet, wood cabinetry, and a custom desk/hutch setup. Dining area and large family room with oversized windows feature engineered wood floors.

Fully remodeled bathrooms throughout. Oversized laundry/mud room with side entry, new washer/dryer (2023), utility sink, cabinets, and two closets. Main level has two full baths.

Finished lower level includes a spacious room,  full bath, living room, kitchenette with stove and fridge, dining area, private entrance via side French door with walk-up stairs, and two additional rooms ideal for den/office/library with expansive closet space. Basement features engineered wood flooring, recessed lighting, sump pump, and pantry closet.

Additional highlights include dual-zone HVAC 2023, 50-gallon electric water heater 2023, brand new roof 2024  and large fully fenced backyard with concrete patio and shed with electric.

Prime location near Historic Downtown Frederick, major highways, train station, public transit, shopping, dining, library, and more.

All showings must be confirmed through ShowingTime. Any questions feel free to contact helpful/cheerful Listing Agent.
Unit Size
2,598 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$192
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

Last updated: 3 months ago (Bright MLS #MDFR2067676)

Price History

Date / Event Date Event Price
Oct 28, 2025 Sold
Sold
Sep 28, 2025 In contract -
In contract
Jul 18, 2025 Listed by RE/MAX Realty Group $500,000
Listed by RE/MAX Realty Group
Apr 17, 2023 Sold
Sold
Mar 7, 2023 In contract -
In contract
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 670
  • Garage Type: 1
  • Garage Square Area: 494
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,284
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,928
  • Gross Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 2,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDERICK
  • Land Acres: 0000000282
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: LT 2, BLK. I. 83 X 148 FREDERICK 702 MIDWAY DR.

Neighborhood

  • School District Name: Frederick County Public Schools
  • Census Tract: 765100

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: 77A 10 1102
  • Account Number: 084236
  • District: 02
  • Parcel: 02-084236
  • Block: I
  • Lot: 2
  • Municipality: FREDERICK CITY
  • Latitude: 39.4098
  • Longitude: -77.433

    Address

  • Full Address: 702 Midway Dr
  • Address - House Number: 702
  • Address - Street Name: Midway
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Frederick
  • Carrier Code: C003
  • 4-Digit Zip Code: 6234
  • Zip Code: 21701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $684,915
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 85
  • Final Value: 536,206
  • High Value: 604,561
  • Low Value: 467,851

    Market Valuation

  • Market Total Value: $432,700
  • Market Land Value: $129,100
  • Market Improvement Value: $303,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,100

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $601,607
  • Previous Sale Document Type: 34
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wyngate


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Nearby Rentals

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

$3,250 /mo

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  • 3 Baths
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328 Madison Street, FREDERICK, MD, 21701 Listing by Robert Krop
Unit for rent at 2 Maxwell Square, FREDERICK, MD, 21701

$3,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,024 ft²
2 Maxwell Square, FREDERICK, MD, 21701 Listing by Kimberly Hotaling


Frequently Asked Questions

When was property at 702 Midway Drive built and last sold?
The property at 702 Midway Drive was built in 1964 and last sold on Mar 31, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 702 Midway Drive is $0.
What are some comparable homes to 702 Midway Drive?
There are currently no comparable homes to 702 Midway Drive.