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321 Spring Bank Way

Frederick, MD 21701

3 bd 4 ba 2,160 sqft Built 2020 Lot 1,440 sqft townhomes
Most recent sale
$443,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $443,000 MLS #MDFR2017286
Apr 14, 2022 Listed $429,900 MLS #MDFR2017286
Nov 6, 2020 Sold $340,758 Public Record
Apr 6, 2018 Sold $1,232,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $320,400 $75,000 $395,400 $7,237
2024 $320,400 $75,000 $395,400 $6,883
2023 $346,133 $6,252
2022 $246,500 $75,000 $321,500 $5,792
2021 $309,933 $5,645
2020 $34,167 $604
2019 $32,500 $32,500 $574

Property facts

Year built
2020
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,160 sqft
Lot size
1,440 sqft
ZIP code
21701
City
Frederick
Street
Spring Bank Way
Coordinates
39.45328, -77.39694

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
$3,240
Gross rental yield
8.78%
Implied cap rate
5.70%
Trend-extrapolated value

Frequently asked questions

When did 321 Spring Bank Way last sell?
321 Spring Bank Way most recently sold on May 5, 2022 for $443,000.
What is the current tax assessment for 321 Spring Bank Way?
The most recent total assessment for 321 Spring Bank Way (year 2025) is $395,400 with $7,237 in property tax.
How does 321 Spring Bank Way's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $443,000.
When was 321 Spring Bank Way built?
321 Spring Bank Way was built in 2020.
How does 321 Spring Bank Way compare to others on Spring Bank Way?
We track 8 other properties on Spring Bank Way. Browse the list under "Other properties on Spring Bank Way" to compare beds, baths, and sale history.
What are the property facts for 321 Spring Bank Way?
321 Spring Bank Way is a 3 bed, 4 bath, 2,160 sqft, 1,440 sqft lot townhomes.
Is 321 Spring Bank Way a flip candidate?
Yes — 321 Spring Bank Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 321 Spring Bank Way a tax-appeal candidate?
No — 321 Spring Bank Way 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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