2507 Mill Race Rd
Frederick, MD 21701
3 bd 4 ba 4,313 sqft Built 2011 Lot 9,715 sqft townhomes
Most recent sale
$700,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2026 | Listed for rent | $5,100 | TurboTenant |
| Mar 26, 2026 | Listed for rent | $5,100 | TurboTenant |
| Nov 13, 2025 | Listed for rent | $4,695 | TurboTenant |
| Oct 13, 2025 | Listed for rent | $4,695 | TurboTenant |
| Sep 8, 2025 | Listed for rent | $4,695 | TurboTenant |
| Feb 21, 2023 | Listed for rent | $4,400 | TurboTenant |
| Oct 5, 2022 | Listed for rent | $4,400 | Zumper |
| Oct 4, 2022 | Listed for rent | $4,400 | TurboTenant |
| Jul 13, 2022 | Price changed for rent | $4,400 | TurboTenant |
| Jun 24, 2022 | Listed for rent | $5,200 | AppfolioUnits |
| Jun 23, 2022 | Sold | $700,000 | Public Record |
| Jun 22, 2022 | Listed for rent | $5,200 | TurboTenant |
| Jun 15, 2022 | Sold | $700,000 | MLS #MDFR2018720 |
| May 10, 2022 | Relisted | $689,900 | MLS #MDFR2018720 |
| May 6, 2022 | Listed | $689,900 | MLS #MDFR2018720 |
| Jan 6, 2011 | Sold | $515,282 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $562,000 | $90,000 | $652,000 | $11,877 |
| 2024 | $562,000 | $90,000 | $652,000 | $10,941 |
| 2022 | $392,500 | $80,000 | $472,500 | $8,472 |
| 2021 | — | — | $461,333 | $8,360 |
| 2020 | — | — | $450,167 | $8,051 |
| 2019 | $369,000 | $70,000 | $439,000 | $7,849 |
| 2018 | $369,000 | $70,000 | $439,000 | $7,918 |
| 2017 | $369,000 | $70,000 | $439,000 | $7,839 |
| 2016 | $380,000 | $70,000 | $450,000 | $8,022 |
| 2015 | $396,500 | $70,000 | $466,500 | $8,060 |
| 2014 | $396,500 | $70,000 | $466,500 | $8,383 |
| 2013 | $396,500 | $70,000 | $466,500 | $8,383 |
| 2012 | — | — | $466,500 | $8,415 |
| 2011 | — | — | $466,500 | $8,606 |
| 2010 | — | — | $100,000 | $1,176 |
| 2009 | — | — | $100,000 | $1,176 |
| 2008 | — | — | $100,000 | $1,698 |
Property facts
Year built
2011
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
4,313 sqft
Lot size
9,715 sqft
ZIP code
21701
City
Frederick
Street
Mill Race Rd
Coordinates
39.45893, -77.38374
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,470
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value
—
Frequently asked questions
When did 2507 Mill Race Rd last sell?
2507 Mill Race Rd most recently sold on Jun 23, 2022 for $700,000.
What is the current tax assessment for 2507 Mill Race Rd?
The most recent total assessment for 2507 Mill Race Rd (year 2025) is $652,000 with $11,877 in property tax.
How does 2507 Mill Race Rd's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $700,000.
When was 2507 Mill Race Rd built?
2507 Mill Race Rd was built in 2011.
How does 2507 Mill Race Rd compare to others on Mill Race Rd?
We track 8 other properties on Mill Race Rd. Browse the list under "Other properties on Mill Race Rd" to compare beds, baths, and sale history.
What are the property facts for 2507 Mill Race Rd?
2507 Mill Race Rd is a 3 bed, 4 bath, 4,313 sqft, 9,715 sqft lot townhomes.
Is 2507 Mill Race Rd a flip candidate?
No — 2507 Mill Race Rd does not appear in our flips dataset.
Is 2507 Mill Race Rd a tax-appeal candidate?
No — 2507 Mill Race Rd 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 Mill Race Rd