501 Prospect Blvd
Frederick, MD 21701
2 bd 1 ba 1,142 sqft Built 1964 condos
Most recent sale
$182,000
Oct 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2022 | Sold | $182,000 | MLS #MDFR2022664 |
| Jul 19, 2022 | Listed | $185,000 | MLS #MDFR2022664 |
| Mar 17, 2008 | Sold | $200,700 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $139,500 | $40,500 | $180,000 | $3,303 |
| 2024 | $139,500 | $40,500 | $180,000 | $2,889 |
| 2022 | $80,000 | $25,000 | $105,000 | $1,912 |
| 2021 | — | — | $99,967 | $1,841 |
| 2020 | — | — | $94,933 | $1,728 |
| 2019 | $63,900 | $26,000 | $89,900 | $1,638 |
| 2018 | $63,900 | $26,000 | $89,900 | $1,653 |
| 2017 | $63,900 | $26,000 | $89,900 | $1,636 |
| 2016 | $63,900 | $26,000 | $89,900 | $1,634 |
| 2015 | $63,900 | $26,000 | $89,900 | $1,646 |
| 2014 | $96,000 | $42,000 | $138,000 | $2,503 |
| 2013 | $96,000 | $42,000 | $138,000 | $2,512 |
| 2012 | — | — | $138,000 | $2,569 |
| 2011 | — | — | $138,000 | $3,403 |
| 2010 | — | — | $198,000 | $3,224 |
Property facts
Year built
1964
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,142 sqft
Lot size
—
ZIP code
21701
City
Frederick
Street
Prospect Blvd
Coordinates
39.40300, -77.42790
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,713
Gross rental yield
11.29%
Implied cap rate
7.34%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Prospect Blvd last sell?
501 Prospect Blvd most recently sold on Oct 31, 2022 for $182,000.
What is the current tax assessment for 501 Prospect Blvd?
The most recent total assessment for 501 Prospect Blvd (year 2025) is $180,000 with $3,303 in property tax.
How does 501 Prospect Blvd's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $182,000.
When was 501 Prospect Blvd built?
501 Prospect Blvd was built in 1964.
How does 501 Prospect Blvd compare to others on Prospect Blvd?
We track 8 other properties on Prospect Blvd. Browse the list under "Other properties on Prospect Blvd" to compare beds, baths, and sale history.
What are the property facts for 501 Prospect Blvd?
501 Prospect Blvd is a 2 bed, 1 bath, 1,142 sqft condos.
Is 501 Prospect Blvd a flip candidate?
No — 501 Prospect Blvd does not appear in our flips dataset.
Is 501 Prospect Blvd a tax-appeal candidate?
No — 501 Prospect Blvd 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 Prospect Blvd