1516 Rambling Way
Frederick, MD 21701
4 bd 4 ba 1,920 sqft Built 2000 Lot 2,610 sqft townhomes
Most recent sale
$395,000
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $395,000 | MLS #MDFR2021268 |
| Jul 3, 2022 | Price changed | $400,000 | MLS #MDFR2021268 |
| Jul 1, 2022 | Listed | $389,900 | MLS #MDFR2021268 |
| May 19, 2022 | Sold | $250,000 | Public Record |
| May 30, 2000 | Sold | $154,935 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $314,400 | $75,000 | $389,400 | $5,989 |
| 2024 | $314,400 | $75,000 | $389,400 | $5,767 |
| 2022 | $171,700 | $75,000 | $246,700 | $4,465 |
| 2019 | $153,200 | $65,000 | $218,200 | $3,945 |
| 2018 | $153,200 | $65,000 | $218,200 | $3,980 |
| 2017 | $153,200 | $65,000 | $218,200 | $3,940 |
| 2016 | $154,400 | $65,000 | $219,400 | $3,956 |
| 2015 | $154,400 | $65,000 | $219,400 | $3,868 |
| 2013 | $134,700 | $65,000 | $199,700 | $3,639 |
Property facts
Year built
2000
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
1,920 sqft
Lot size
2,610 sqft
ZIP code
21701
City
Frederick
Street
Rambling Way
Coordinates
39.44846, -77.38201
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
$2,880
Gross rental yield
8.75%
Implied cap rate
5.69%
Trend-extrapolated value
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Frequently asked questions
When did 1516 Rambling Way last sell?
1516 Rambling Way most recently sold on Aug 10, 2022 for $395,000.
What is the current tax assessment for 1516 Rambling Way?
The most recent total assessment for 1516 Rambling Way (year 2025) is $389,400 with $5,989 in property tax.
How does 1516 Rambling Way's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $395,000.
When was 1516 Rambling Way built?
1516 Rambling Way was built in 2000.
How does 1516 Rambling Way compare to others on Rambling Way?
We track 8 other properties on Rambling Way. Browse the list under "Other properties on Rambling Way" to compare beds, baths, and sale history.
What are the property facts for 1516 Rambling Way?
1516 Rambling Way is a 4 bed, 4 bath, 1,920 sqft, 2,610 sqft lot townhomes.
Is 1516 Rambling Way a flip candidate?
Yes — 1516 Rambling Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 Rambling Way a tax-appeal candidate?
No — 1516 Rambling Way 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 Rambling Way