tomo logo

$1,100,000

Beds
3
Baths
2.0
sq ft
1,988

226 W South St, Frederick, MD 21701

226 W South St

FREDERICK, MD 21701

  • 127 days on market
SITE PLAN AND PLAT APPROVED for this Downtown Frederick development project. Included are a total of 7 Row homes and an existing single family home. Next step is getting level 2 HPC for exterior fixture choices and siding. Homes feature front porches, rooftop decks and other modern touches today's buyers seek. Incredible investor opportunity!! Walking distance to shops, restaurants and all the city has to offer.

Details

Property type

Single Family Residence

Est. home value

$560,818

Lot size

0.54 acres

Price per sq ft

$554

Year built

1940

Annual property taxes

$5,028

HOA

No

Price History

05/15/2024
Bright

Bright #MDFR2048568

Listed
$1,100,000
+205.56%
05/22/2018
Bright

Bright #1000182369

Sold
$360,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

FREDERICK COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Frederick County Bank

Loan start date

May 2018

Original loan amount

$288,000

Est. remaining balance

Not provided

Interest rate

4.44%

Loan type

Commercial

Seller

Thomas B Trott Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/18/2024 at 9:15 PM

Listing updated: 09/16/2024 at 11:26 AM

Listed by: Douglas E. Gardiner, Long & Foster Real Estate, Inc. Phone #: (301) 694-8000

MLS: Bright #MDFR2048568

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