115 Water St
Frederick, MD 21701
2 bd 1 ba 900 sqft Built 1885 Lot 871 sqft townhomes
Most recent sale
$240,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 27, 2025 | Sold | $355,000 | BrightMLS |
| Jul 15, 2025 | Price changed | $354,999 | BrightMLS |
| May 27, 2025 | Price changed | $374,000 | BrightMLS |
| Apr 29, 2025 | Price changed | $384,000 | BrightMLS |
| Apr 11, 2025 | Listed | $390,000 | BrightMLS |
| Jun 23, 2022 | Sold | $240,000 | MLS #MDFR2017256 |
| Apr 13, 2022 | Listed | $275,000 | MLS #MDFR2017256 |
| Jan 5, 2019 | Listing removed | $1,200 | BrightMLS |
| Nov 5, 2018 | Listed for rent | $1,200 | BrightMLS |
| Mar 4, 2016 | Listing removed | $1,100 | MRIS |
| Mar 1, 2016 | Listing removed | $1,100 | BrightMLS |
| Feb 24, 2016 | Price changed for rent | $1,100 | MRIS |
| Nov 23, 2015 | Listed for rent | $1,100 | BrightMLS |
| Nov 19, 2014 | Listing removed | $1,200 | MRIS |
| Sep 12, 2014 | Listed for rent | $1,200 | MRIS |
| Oct 17, 2013 | Listing removed | $1,050 | MRIS |
| Aug 16, 2013 | Listed for rent | $1,050 | MRIS |
| Dec 29, 2011 | Listing removed | $995 | MRIS |
| Oct 22, 2011 | Listed for rent | $995 | MRIS |
| Feb 3, 2005 | Sold | $80,000 | Public Record |
| Dec 27, 1988 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $117,700 | $115,000 | $232,700 | $4,295 |
| 2024 | $117,700 | $115,000 | $232,700 | $3,577 |
| 2023 | — | — | $148,100 | $2,725 |
| 2022 | $46,800 | $59,000 | $105,800 | $1,965 |
| 2021 | — | — | $102,467 | $1,925 |
| 2020 | — | — | $99,133 | $1,841 |
| 2019 | $36,800 | $59,000 | $95,800 | $1,781 |
| 2018 | — | — | $95,767 | $1,796 |
| 2017 | — | — | $95,733 | $1,778 |
| 2016 | $36,700 | $59,000 | $95,700 | $1,775 |
| 2015 | $36,800 | $59,000 | $95,800 | $1,783 |
| 2014 | $36,800 | $59,000 | $95,800 | $1,792 |
| 2013 | $36,800 | $59,000 | $95,800 | $1,791 |
| 2012 | — | — | $95,800 | $1,798 |
| 2011 | — | — | $95,800 | $1,837 |
| 2010 | — | — | $134,900 | $2,551 |
| 2009 | — | — | $115,532 | $2,193 |
| 2008 | — | — | $96,166 | $1,632 |
Property facts
Year built
1885
Property type
townhomes
Stories
3
Beds
2
Baths
1
Living area
900 sqft
Lot size
871 sqft
ZIP code
21701
City
Frederick
Street
Water St
Coordinates
39.41060, -77.40510
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
$1,350
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 115 Water St last sell?
115 Water St most recently sold on Jun 23, 2022 for $240,000.
What is the current tax assessment for 115 Water St?
The most recent total assessment for 115 Water St (year 2025) is $232,700 with $4,295 in property tax.
How does 115 Water St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $240,000.
When was 115 Water St built?
115 Water St was built in 1885.
How does 115 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 115 Water St?
115 Water St is a 2 bed, 1 bath, 900 sqft, 871 sqft lot townhomes.
Is 115 Water St a flip candidate?
No — 115 Water St does not appear in our flips dataset.
Is 115 Water St a tax-appeal candidate?
No — 115 Water St 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 Water St