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348 Patterson Park Rd

Frederick, MD 21703

3 bd 4 ba 1,920 sqft Built 2022 Lot 1,307 sqft townhomes
Most recent sale
$630,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2024 Sold $420,000 BrightMLS
Jan 27, 2023 Sold $390,640 Public Record
Oct 11, 2022 Listed $385,640 MLS #MDFR2025108
Sep 14, 2022 Sold $630,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $295,200 $100,000 $395,200 $6,817
2024 $295,200 $100,000 $395,200 $6,564
2022 $85,000 $85,000 $1,508

Property facts

Year built
2022
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
1,920 sqft
Lot size
1,307 sqft
ZIP code
21703
City
Frederick
Street
Patterson Park Rd
Coordinates
39.41622, -77.46508

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
$2,880
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 348 Patterson Park Rd last sell?
348 Patterson Park Rd most recently sold on Sep 14, 2022 for $630,000.
What is the current tax assessment for 348 Patterson Park Rd?
The most recent total assessment for 348 Patterson Park Rd (year 2025) is $395,200 with $6,817 in property tax.
How does 348 Patterson Park Rd's assessment compare to its last sale price?
The current assessment is 37.3% below the last sale price of $630,000.
When was 348 Patterson Park Rd built?
348 Patterson Park Rd was built in 2022.
How does 348 Patterson Park Rd compare to others on Patterson Park Rd?
We track 8 other properties on Patterson Park Rd. Browse the list under "Other properties on Patterson Park Rd" to compare beds, baths, and sale history.
What are the property facts for 348 Patterson Park Rd?
348 Patterson Park Rd is a 3 bed, 4 bath, 1,920 sqft, 1,307 sqft lot townhomes.
Is 348 Patterson Park Rd a flip candidate?
No — 348 Patterson Park Rd does not appear in our flips dataset.
Is 348 Patterson Park Rd a tax-appeal candidate?
No — 348 Patterson Park 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
+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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