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6161 Margarita Way

Frederick, MD 21703

3 bd 3 ba 1,924 sqft Built 2017 condos
Most recent sale
$340,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2022 Sold $340,000 MLS #MDFR2012152
Jan 20, 2022 Listed $350,000 MLS #MDFR2012152
Sep 28, 2017 Sold $275,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $189,300 $80,000 $269,300 $3,661
2021 $259,767 $3,600
2020 $195,000 $60,000 $255,000 $3,507
2019 $195,000 $60,000 $255,000 $3,498
2018 $195,000 $60,000 $255,000 $3,516

Property facts

Year built
2017
Property type
condos
Stories
4
Beds
3
Baths
3
Living area
1,924 sqft
Lot size
ZIP code
21703
City
Frederick
Street
Margarita Way
Coordinates
39.39526, -77.45404

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
$2,886
Gross rental yield
10.19%
Implied cap rate
6.62%
Trend-extrapolated value

Frequently asked questions

When did 6161 Margarita Way last sell?
6161 Margarita Way most recently sold on Feb 15, 2022 for $340,000.
What is the current tax assessment for 6161 Margarita Way?
The most recent total assessment for 6161 Margarita Way (year 2023) is $269,300 with $3,661 in property tax.
How does 6161 Margarita Way's assessment compare to its last sale price?
The current assessment is 20.8% below the last sale price of $340,000.
When was 6161 Margarita Way built?
6161 Margarita Way was built in 2017.
How does 6161 Margarita Way compare to others on Margarita Way?
We track 8 other properties on Margarita Way. Browse the list under "Other properties on Margarita Way" to compare beds, baths, and sale history.
What are the property facts for 6161 Margarita Way?
6161 Margarita Way is a 3 bed, 3 bath, 1,924 sqft condos.
Is 6161 Margarita Way a flip candidate?
No — 6161 Margarita Way does not appear in our flips dataset.
Is 6161 Margarita Way a tax-appeal candidate?
No — 6161 Margarita 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
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$447.3K
2026 Q4
$449.5K
ZIP 21703 — Median Price History + Forecast

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