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7221 Ridge Rd

Frederick, MD 21702

3 bd 3 ba 2,283 sqft Built 1954 Lot 20,000 sqft single_family
Most recent sale
$512,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $512,000 MLS #MDFR2015810
Mar 31, 2022 Price changed $499,900 MLS #MDFR2015810
Mar 24, 2022 Listed $539,900 MLS #MDFR2015810
Jul 27, 2006 Sold $419,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $427,600 $3,685
2024 $427,600 $3,501
2023 $179,700 $82,900 $262,600 $3,197
2022 $257,900 $3,143
2021 $253,200 $3,116
2020 $165,600 $82,900 $248,500 $3,034
2019 $165,600 $82,900 $248,500 $3,034
2018 $165,600 $82,900 $248,500 $3,060
2017 $168,700 $82,900 $251,600 $3,017
2016 $238,733 $2,879
2015 $273,700 $2,644
2014 $273,700 $2,653
2013 $213,000 $2,652
2012 $213,000 $2,652
2011 $273,700 $3,337
2010 $273,790 $3,337
2009 $273,790 $3,333
2008 $322,030 $3,066

Property facts

Year built
1954
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,283 sqft
Lot size
20,000 sqft
ZIP code
21702
City
Frederick
Street
Ridge Rd
Coordinates
39.43203, -77.50133

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
$3,425
Gross rental yield
8.03%
Implied cap rate
5.22%
Trend-extrapolated value

Frequently asked questions

When did 7221 Ridge Rd last sell?
7221 Ridge Rd most recently sold on Jun 15, 2022 for $512,000.
What is the current tax assessment for 7221 Ridge Rd?
The most recent total assessment for 7221 Ridge Rd (year 2025) is $427,600 with $3,685 in property tax.
How does 7221 Ridge Rd's assessment compare to its last sale price?
The current assessment is 16.5% below the last sale price of $512,000.
When was 7221 Ridge Rd built?
7221 Ridge Rd was built in 1954.
How does 7221 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 7221 Ridge Rd?
7221 Ridge Rd is a 3 bed, 3 bath, 2,283 sqft, 20,000 sqft lot single_family.
Is 7221 Ridge Rd a flip candidate?
No — 7221 Ridge Rd does not appear in our flips dataset.
Is 7221 Ridge Rd a tax-appeal candidate?
No — 7221 Ridge 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
-1.4%
Implied 1-yr
-5.8%
2026 Q3
$459.7K
2026 Q4
$452.4K
ZIP 21702 — Median Price History + Forecast

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