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1631 Colonial Way

Frederick, MD 21702

4 bd 4 ba 1,820 sqft Built 1976 Lot 1,553 sqft townhomes
Most recent sale
$287,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $287,000 MLS #MDFR2021772
Jul 7, 2022 Price changed $285,000 MLS #MDFR2021772
Jul 5, 2022 Listed $270,000 MLS #MDFR2021772
Jan 12, 2017 Sold $210,000 MLS #1001214835
Dec 16, 2016 Listing removed $205,000 MRIS
Nov 16, 2016 Relisted $205,000 MLS #FR9802188
Nov 15, 2016 Listing removed $219,000 MRIS
Nov 3, 2016 Listed $205,000 MLS #1001214835
Jun 10, 2016 Sold $114,450 MLS #1001193087
Apr 8, 2016 Listing removed $113,905 MRIS
Mar 28, 2016 Price changed $113,905 MLS #FR8767018
Mar 14, 2016 Relisted $119,900 MLS #FR8767018
Feb 19, 2016 Listing removed $119,900 MRIS
Jan 12, 2016 Relisted $119,900 MLS #FR8767018
Jan 9, 2016 Listing removed $136,900 MRIS
Oct 7, 2015 Listed $113,905 MLS #1001193087
Sep 7, 2015 Listing removed $136,900 MRIS
Aug 6, 2015 Price changed $136,900 MLS #FR8662079
Jun 10, 2015 Listed $143,500 MLS #FR8662079
Nov 21, 2011 Listing removed $100,700 MRIS
Nov 9, 2011 Price changed $100,700 MLS #FR7657022
Oct 14, 2011 Price changed $106,300 MLS #FR7657022
Sep 4, 2011 Price changed $108,902 MLS #FR7657022
Jul 25, 2011 Listed $112,270 MLS #FR7657022
May 27, 2005 Sold $200,000 Public Record
Feb 3, 1993 Sold $95,000 Public Record
Oct 20, 1989 Sold $94,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,300 $75,000 $286,300 $5,265
2024 $211,300 $75,000 $286,300 $4,929
2022 $164,900 $55,000 $219,900 $3,496
2021 $204,300 $3,362
2020 $188,700 $3,158
2019 $133,100 $40,000 $173,100 $3,003
2018 $161,067 $2,885
2017 $149,033 $2,719
2016 $97,000 $40,000 $137,000 $2,504
2015 $97,000 $40,000 $137,000 $2,522
2014 $117,500 $40,000 $157,500 $2,889
2013 $117,500 $40,000 $157,500 $2,899
2012 $157,500 $2,964
2011 $157,500 $4,550
2010 $244,340 $4,155

Property facts

Year built
1976
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
1,820 sqft
Lot size
1,553 sqft
ZIP code
21702
City
Frederick
Street
Colonial Way
Coordinates
39.42829, -77.43524

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,730
Gross rental yield
11.41%
Implied cap rate
7.42%
Trend-extrapolated value

Frequently asked questions

When did 1631 Colonial Way last sell?
1631 Colonial Way most recently sold on Jul 29, 2022 for $287,000.
What is the current tax assessment for 1631 Colonial Way?
The most recent total assessment for 1631 Colonial Way (year 2025) is $286,300 with $5,265 in property tax.
How does 1631 Colonial Way's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $287,000.
When was 1631 Colonial Way built?
1631 Colonial Way was built in 1976.
How does 1631 Colonial Way compare to others on Colonial Way?
We track 8 other properties on Colonial Way. Browse the list under "Other properties on Colonial Way" to compare beds, baths, and sale history.
What are the property facts for 1631 Colonial Way?
1631 Colonial Way is a 4 bed, 4 bath, 1,820 sqft, 1,553 sqft lot townhomes.
Is 1631 Colonial Way a flip candidate?
No — 1631 Colonial Way does not appear in our flips dataset.
Is 1631 Colonial Way a tax-appeal candidate?
No — 1631 Colonial Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.8%
2026 Q3
$459.7K
2026 Q4
$452.4K
ZIP 21702 — Median Price History + Forecast

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