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401 Gillespie Dr

Frederick, MD 21702

3 bd 3 ba 2,047 sqft Built 2022 Lot 5,227 sqft townhomes
Most recent sale
$416,477
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2022 Sold $416,477 MLS #MDFR283618
Mar 19, 2022 Price changed $416,477 MLS #MDFR283618
Dec 11, 2021 Price changed $416,332 MLS #MDFR283618
Nov 23, 2021 Sold $424,010 Public Record
Jun 27, 2021 Price changed $412,723 MLS #MDFR283618
Jun 2, 2021 Listed $410,003 MLS #MDFR283618

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $297,200 $85,000 $382,200 $6,999
2024 $297,200 $85,000 $382,200 $6,728
2023 $342,467 $6,186
2022 $247,600 $75,000 $322,600 $5,812

Property facts

Year built
2022
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
2,047 sqft
Lot size
5,227 sqft
ZIP code
21702
City
Frederick
Street
Gillespie Dr
Coordinates
39.42737, -77.45777

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
$3,071
Gross rental yield
8.85%
Implied cap rate
5.75%
Trend-extrapolated value

Frequently asked questions

When did 401 Gillespie Dr last sell?
401 Gillespie Dr most recently sold on Apr 13, 2022 for $416,477.
What is the current tax assessment for 401 Gillespie Dr?
The most recent total assessment for 401 Gillespie Dr (year 2025) is $382,200 with $6,999 in property tax.
How does 401 Gillespie Dr's assessment compare to its last sale price?
The current assessment is 8.2% below the last sale price of $416,477.
When was 401 Gillespie Dr built?
401 Gillespie Dr was built in 2022.
How does 401 Gillespie Dr compare to others on Gillespie Dr?
We track 8 other properties on Gillespie Dr. Browse the list under "Other properties on Gillespie Dr" to compare beds, baths, and sale history.
What are the property facts for 401 Gillespie Dr?
401 Gillespie Dr is a 3 bed, 3 bath, 2,047 sqft, 5,227 sqft lot townhomes.
Is 401 Gillespie Dr a flip candidate?
No — 401 Gillespie Dr does not appear in our flips dataset.
Is 401 Gillespie Dr a tax-appeal candidate?
No — 401 Gillespie Dr 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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