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2602 Mill Race Rd

Frederick, MD 21701

3 bd 4 ba 3,262 sqft Built 2001 Lot 2,664 sqft townhomes
Most recent sale
$490,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $490,000 MLS #MDFR2018356
May 4, 2022 Listed $475,000 MLS #MDFR2018356
Apr 8, 2011 Sold $323,000 Public Record
Apr 1, 2011 Listing removed $324,990 MRIS
Feb 14, 2011 Price changed $324,990 MLS #FR7525195
Feb 6, 2011 Listing removed $349,900 MRIS
Feb 4, 2011 Listed $319,905 MLS #FR7525195
Oct 7, 2010 Relisted $349,900 MLS #FR7386796
Sep 2, 2010 Listing removed $355,900 MRIS
Aug 19, 2010 Price changed $355,900 MLS #FR7386796
Jul 12, 2010 Listed $385,000 MLS #FR7386796
Feb 1, 2005 Sold $400,000 Public Record
Oct 24, 2001 Sold $221,394 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $394,700 $90,000 $484,700 $6,540
2024 $394,700 $90,000 $484,700 $6,295
2022 $225,400 $80,000 $305,400 $5,507
2021 $300,733 $5,480
2020 $296,067 $5,325
2019 $221,400 $70,000 $291,400 $5,240
2018 $288,700 $5,237
2017 $286,000 $5,137
2016 $213,300 $70,000 $283,300 $5,083
2015 $192,400 $70,000 $262,400 $4,860
2014 $192,400 $70,000 $262,400 $4,754
2013 $192,400 $70,000 $262,400 $4,754
2012 $262,400 $4,771
2011 $262,400 $4,879
2010 $363,030 $5,683
2009 $349,540 $5,413
2008 $336,050 $4,633

Property facts

Year built
2001
Property type
townhomes
Stories
4
Beds
3
Baths
4
Living area
3,262 sqft
Lot size
2,664 sqft
ZIP code
21701
City
Frederick
Street
Mill Race Rd
Coordinates
39.45999, -77.38833

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
$4,893
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value

Frequently asked questions

When did 2602 Mill Race Rd last sell?
2602 Mill Race Rd most recently sold on Jun 10, 2022 for $490,000.
What is the current tax assessment for 2602 Mill Race Rd?
The most recent total assessment for 2602 Mill Race Rd (year 2025) is $484,700 with $6,540 in property tax.
How does 2602 Mill Race Rd's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $490,000.
When was 2602 Mill Race Rd built?
2602 Mill Race Rd was built in 2001.
How does 2602 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 2602 Mill Race Rd?
2602 Mill Race Rd is a 3 bed, 4 bath, 3,262 sqft, 2,664 sqft lot townhomes.
Is 2602 Mill Race Rd a flip candidate?
No — 2602 Mill Race Rd does not appear in our flips dataset.
Is 2602 Mill Race Rd a tax-appeal candidate?
No — 2602 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 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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