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5401 Upper Mill Ter

Frederick, MD 21703

3 bd 4 ba 2,460 sqft Built 2002 Lot 3,315 sqft townhomes
Most recent sale
$405,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $405,000 MLS #MDFR2026730
Oct 11, 2022 Price changed $405,000 MLS #MDFR2026730
Oct 7, 2022 Listed $385,000 MLS #MDFR2026730
Aug 8, 2012 Sold $279,500 Public Record
Nov 10, 2010 Listing removed $1,700 MRIS
Nov 8, 2010 Listed for rent $1,700 MRIS
Oct 29, 2010 Listing removed $1,700 MRIS
Sep 29, 2010 Price changed for rent $1,700 MRIS
Sep 3, 2010 Listed for rent $1,750 MRIS
Aug 24, 2010 Listing removed $1,750 MRIS
Jul 24, 2010 Listed for rent $1,750 MRIS
Jul 19, 2010 Listing removed $1,750 MRIS
Jun 26, 2010 Listed for rent $1,750 MRIS
Apr 24, 2009 Listing removed $1,700 MRIS
Feb 24, 2009 Listed for rent $1,700 MRIS
Jun 15, 2005 Sold $315,000 Public Record
Nov 21, 2002 Sold $237,543 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,700 $80,000 $376,700 $4,649
2024 $296,700 $80,000 $376,700 $4,322
2022 $225,800 $70,000 $295,800 $3,523
2021 $291,867 $3,509
2020 $287,933 $3,432
2019 $221,000 $63,000 $284,000 $3,386
2018 $221,000 $63,000 $284,000 $3,416
2017 $221,000 $63,000 $284,000 $3,386
2016 $224,800 $63,000 $287,800 $3,431
2015 $224,800 $63,000 $287,800 $3,461
2014 $226,600 $63,000 $289,600 $3,494
2013 $226,600 $63,000 $289,600 $3,494
2012 $289,600 $3,239
2011 $289,600 $3,221
2010 $343,900 $3,030

Property facts

Year built
2002
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,460 sqft
Lot size
3,315 sqft
ZIP code
21703
City
Frederick
Street
Upper Mill Ter
Coordinates
39.38096, -77.41917

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
$3,690
Gross rental yield
10.93%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 5401 Upper Mill Ter last sell?
5401 Upper Mill Ter most recently sold on Oct 28, 2022 for $405,000.
What is the current tax assessment for 5401 Upper Mill Ter?
The most recent total assessment for 5401 Upper Mill Ter (year 2025) is $376,700 with $4,649 in property tax.
How does 5401 Upper Mill Ter's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $405,000.
When was 5401 Upper Mill Ter built?
5401 Upper Mill Ter was built in 2002.
How does 5401 Upper Mill Ter compare to others on Upper Mill Ter?
We track 8 other properties on Upper Mill Ter. Browse the list under "Other properties on Upper Mill Ter" to compare beds, baths, and sale history.
What are the property facts for 5401 Upper Mill Ter?
5401 Upper Mill Ter is a 3 bed, 4 bath, 2,460 sqft, 3,315 sqft lot townhomes.
Is 5401 Upper Mill Ter a flip candidate?
No — 5401 Upper Mill Ter does not appear in our flips dataset.
Is 5401 Upper Mill Ter a tax-appeal candidate?
No — 5401 Upper Mill Ter 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$451.2K
2026 Q4
$455K
ZIP 21703 — Median Price History + Forecast

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