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2559 Grangemill Ln

Frederick, MD 21701

5 bd 5 ba 2,382 sqft Built 2022 townhomes
Most recent sale
$458,083
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $458,083 MLS #MDFR2016518
Apr 8, 2022 Price changed $512,990 MLS #MDFR2016518
Apr 7, 2022 Listed $446,990 KHovnanian
Mar 28, 2022 Listed $507,990 MLS #MDFR2016518

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $335,800 $130,000 $465,800 $176
2024 $335,800 $130,000 $465,800 $176
2023 $383,000 $88

Property facts

Year built
2022
Property type
townhomes
Stories
4
Beds
5
Baths
5
Living area
2,382 sqft
Lot size
ZIP code
21701
City
Frederick
Street
Grangemill Ln
Coordinates
39.44947, -77.39234

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
$3,573
Gross rental yield
9.36%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 2559 Grangemill Ln last sell?
2559 Grangemill Ln most recently sold on Oct 20, 2022 for $458,083.
What is the current tax assessment for 2559 Grangemill Ln?
The most recent total assessment for 2559 Grangemill Ln (year 2025) is $465,800 with $176 in property tax.
How does 2559 Grangemill Ln's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $458,083.
When was 2559 Grangemill Ln built?
2559 Grangemill Ln was built in 2022.
How does 2559 Grangemill Ln compare to others on Grangemill Ln?
We track 8 other properties on Grangemill Ln. Browse the list under "Other properties on Grangemill Ln" to compare beds, baths, and sale history.
What are the property facts for 2559 Grangemill Ln?
2559 Grangemill Ln is a 5 bed, 5 bath, 2,382 sqft townhomes.
Is 2559 Grangemill Ln a flip candidate?
No — 2559 Grangemill Ln does not appear in our flips dataset.
Is 2559 Grangemill Ln a tax-appeal candidate?
No — 2559 Grangemill Ln 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
+1.2%
Implied 1-yr
+4.6%
2026 Q3
$700.5K
2026 Q4
$708.1K
ZIP 21701 — Median Price History + Forecast

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