557 Cascade Way
Frederick, MD 21703
2 bd 2 ba 1,148 sqft Built 1991 Lot 1,307 sqft townhomes
Most recent sale
$245,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2026 | Listing removed | $1,999 | BrightMLS |
| Mar 20, 2026 | Listed for rent | $1,999 | RentalBeast |
| Mar 18, 2026 | Listed for rent | $1,999 | BrightMLS |
| Jul 23, 2025 | Listing removed | $1,975 | BrightMLS |
| Jan 14, 2025 | Listed for rent | $1,975 | RentalBeast |
| Jan 9, 2025 | Price changed for rent | $1,975 | RentalBeast |
| Dec 8, 2024 | Price changed for rent | $2,000 | RentalBeast |
| Oct 9, 2024 | Listed for rent | $2,050 | RentalBeast |
| Sep 11, 2024 | Sold | $280,000 | BrightMLS |
| Aug 26, 2022 | Sold | $245,000 | MLS #MDFR2022752 |
| Jul 15, 2022 | Listed | $227,000 | MLS #MDFR2022752 |
| Oct 11, 2019 | Sold | $187,000 | MLS #MDFR251666 |
| Aug 18, 2009 | Listing removed | $197,000 | MRIS |
| Jul 21, 2008 | Listed | $197,000 | MLS #FR6824066 |
| Sep 28, 2004 | Sold | $167,000 | Public Record |
| Nov 17, 2003 | Sold | $132,500 | Public Record |
| Oct 31, 2002 | Sold | $110,000 | Public Record |
| Sep 5, 1991 | Sold | $94,320 | Public Record |
| Apr 8, 1991 | Sold | $470,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $147,400 | $55,000 | $202,400 | $3,747 |
| 2024 | $147,400 | $55,000 | $202,400 | $3,599 |
| 2022 | $115,000 | $55,000 | $170,000 | $3,104 |
| 2021 | — | — | $159,933 | $2,956 |
| 2020 | — | — | $149,867 | $2,739 |
| 2019 | $99,800 | $40,000 | $139,800 | $2,560 |
| 2018 | — | — | $132,333 | $2,449 |
| 2017 | — | — | $124,867 | $2,293 |
| 2016 | $77,400 | $40,000 | $117,400 | $2,158 |
| 2015 | — | — | $117,200 | $2,170 |
| 2014 | $76,800 | $40,000 | $116,800 | $2,165 |
| 2013 | $76,800 | $40,000 | $116,800 | $2,173 |
| 2012 | — | — | $116,800 | $2,221 |
| 2011 | — | — | $116,800 | $2,625 |
| 2010 | — | — | $207,720 | $2,472 |
Property facts
Year built
1991
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,148 sqft
Lot size
1,307 sqft
ZIP code
21703
City
Frederick
Street
Cascade Way
Coordinates
39.41046, -77.44335
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,722
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value
—
Frequently asked questions
When did 557 Cascade Way last sell?
557 Cascade Way most recently sold on Aug 26, 2022 for $245,000.
What is the current tax assessment for 557 Cascade Way?
The most recent total assessment for 557 Cascade Way (year 2025) is $202,400 with $3,747 in property tax.
How does 557 Cascade Way's assessment compare to its last sale price?
The current assessment is 17.4% below the last sale price of $245,000.
When was 557 Cascade Way built?
557 Cascade Way was built in 1991.
How does 557 Cascade Way compare to others on Cascade Way?
We track 8 other properties on Cascade Way. Browse the list under "Other properties on Cascade Way" to compare beds, baths, and sale history.
What are the property facts for 557 Cascade Way?
557 Cascade Way is a 2 bed, 2 bath, 1,148 sqft, 1,307 sqft lot townhomes.
Is 557 Cascade Way a flip candidate?
No — 557 Cascade Way does not appear in our flips dataset.
Is 557 Cascade Way a tax-appeal candidate?
No — 557 Cascade Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$447.3K
2026 Q4
$449.5K
ZIP 21703 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cascade Way