507 Elm St
Frederick, MD 21701
5 bd 3 ba 2,079 sqft Built 1915 Lot 10,800 sqft single_family
Most recent sale
$730,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $730,000 | MLS #MDFR2013312 |
| Feb 3, 2022 | Listed | $670,000 | MLS #MDFR2013312 |
| Sep 2, 1992 | Sold | $219,500 | Public Record |
| Sep 5, 1989 | Sold | $205,000 | Public Record |
| Jul 6, 1988 | Sold | $159,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $621,500 | $168,400 | $789,900 | $13,782 |
| 2024 | $621,500 | $168,400 | $789,900 | $13,270 |
| 2023 | — | — | $478,967 | $8,617 |
| 2022 | $300,800 | $129,600 | $430,400 | $7,725 |
| 2021 | — | — | $428,700 | $7,775 |
| 2020 | — | — | $427,000 | $7,641 |
| 2019 | $301,500 | $123,800 | $425,300 | $7,607 |
| 2018 | — | — | $416,733 | $7,521 |
| 2017 | — | — | $408,167 | $7,294 |
| 2016 | $275,800 | $123,800 | $399,600 | $7,133 |
| 2015 | $306,700 | $123,800 | $430,500 | $7,167 |
| 2014 | $306,700 | $123,800 | $430,500 | $7,725 |
| 2013 | $306,700 | $123,800 | $430,500 | $7,725 |
| 2012 | — | — | $430,500 | $7,577 |
| 2011 | — | — | $430,500 | $7,452 |
| 2010 | — | — | $569,590 | $7,394 |
| 2009 | — | — | $545,880 | $7,022 |
| 2008 | — | — | $522,170 | $5,921 |
Property facts
Year built
1915
Property type
single_family
Stories
4
Beds
5
Baths
3
Living area
2,079 sqft
Lot size
10,800 sqft
ZIP code
21701
City
Frederick
Street
Elm St
Coordinates
39.42108, -77.41659
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,119
Gross rental yield
5.13%
Implied cap rate
3.33%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Elm St last sell?
507 Elm St most recently sold on May 2, 2022 for $730,000.
What is the current tax assessment for 507 Elm St?
The most recent total assessment for 507 Elm St (year 2025) is $789,900 with $13,782 in property tax.
How does 507 Elm St's assessment compare to its last sale price?
The current assessment is 8.2% above the last sale price of $730,000.
When was 507 Elm St built?
507 Elm St was built in 1915.
How does 507 Elm St compare to others on Elm St?
We track 5 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 507 Elm St?
507 Elm St is a 5 bed, 3 bath, 2,079 sqft, 10,800 sqft lot single_family.
Is 507 Elm St a flip candidate?
No — 507 Elm St does not appear in our flips dataset.
Is 507 Elm St a tax-appeal candidate?
No — 507 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.6%
2026 Q3
$700.5K
2026 Q4
$708.1K
ZIP 21701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St