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323 Madison St

Frederick, MD 21701

2 bd 3 ba 1,440 sqft Built 1860 Lot 3,000 sqft townhomes
Most recent sale
$435,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $435,000 MLS #MDFR2024016
Aug 12, 2022 Price changed $435,000 MLS #MDFR2024016
Aug 8, 2022 Listed $424,900 MLS #MDFR2024016
Jul 21, 2022 Listed $424,900 MLS #MDFR2021784
Aug 6, 2021 Sold $178,000 MLS #MDFR2002340
Jul 16, 2021 Listed $170,000 MLS #MDFR2002340
Jul 12, 2021 Sold $67,459 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,500 $122,500 $400,000 $7,321
2024 $277,500 $122,500 $400,000 $7,165
2022 $100,200 $100,500 $200,700 $3,649
2021 $183,167 $3,033
2020 $165,633 $2,847
2019 $87,600 $60,500 $148,100 $2,706
2018 $148,033 $2,720
2017 $147,967 $2,628
2016 $87,400 $60,500 $147,900 $2,511
2015 $87,400 $60,500 $147,900 $2,421
2014 $87,700 $60,500 $148,200 $2,222
2013 $87,700 $60,500 $148,200 $134
2012 $148,200 $2,141
2011 $148,200 $3,540
2010 $189,020 $310

Property facts

Year built
1860
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,440 sqft
Lot size
3,000 sqft
ZIP code
21701
City
Frederick
Street
Madison St
Coordinates
39.40988, -77.41836

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
$2,160
Gross rental yield
5.96%
Implied cap rate
3.87%
Trend-extrapolated value

Frequently asked questions

When did 323 Madison St last sell?
323 Madison St most recently sold on Sep 13, 2022 for $435,000.
What is the current tax assessment for 323 Madison St?
The most recent total assessment for 323 Madison St (year 2025) is $400,000 with $7,321 in property tax.
How does 323 Madison St's assessment compare to its last sale price?
The current assessment is 8.0% below the last sale price of $435,000.
When was 323 Madison St built?
323 Madison St was built in 1860.
How does 323 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 323 Madison St?
323 Madison St is a 2 bed, 3 bath, 1,440 sqft, 3,000 sqft lot townhomes.
Is 323 Madison St a flip candidate?
Yes — 323 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 323 Madison St a tax-appeal candidate?
No — 323 Madison St 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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