124 Water St
Frederick, MD 21701
2 bd 2 ba 1,276 sqft Built 1891 Lot 1,742 sqft townhomes
Most recent sale
$296,500
Jan 9, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 10, 2025 | Price changed for rent | $1,950 | BrightMLS |
| Sep 17, 2025 | Listed for rent | $2,200 | RentSpree |
| Sep 16, 2025 | Listed for rent | $2,200 | BrightMLS |
| Jan 9, 2023 | Sold | $296,500 | BrightMLS |
| Nov 12, 2022 | Listing removed | — | BrightMLS |
| Nov 11, 2022 | Listed | $325,000 | BrightMLS |
| Oct 31, 2022 | Price changed | $350,000 | BrightMLS |
| Oct 17, 2022 | Price changed | $375,000 | BrightMLS |
| Oct 13, 2022 | Listed | $400,000 | BrightMLS |
| Jan 8, 2021 | Sold | $268,000 | BrightMLS |
| Nov 9, 2020 | Price changed | $274,900 | BrightMLS |
| Oct 21, 2020 | Price changed | $276,000 | BrightMLS |
| Sep 30, 2020 | Price changed | $278,000 | BrightMLS |
| Sep 3, 2020 | Price changed | $280,000 | BrightMLS |
| Aug 13, 2020 | Listed | $285,000 | BrightMLS |
| Jul 21, 2012 | Listing removed | $1,400 | MRIS |
| May 11, 2012 | Listed for rent | $1,400 | MRIS |
| Mar 23, 2011 | Listing removed | $1,400 | MRIS |
| Mar 8, 2011 | Listing removed | $235,000 | MRIS |
| Jan 30, 2011 | Listed for rent | $1,400 | MRIS |
| Jan 30, 2011 | Listed | $235,000 | MRIS |
| Mar 18, 2010 | Listing removed | $1,450 | MRIS |
| Mar 15, 2010 | Price changed (rent) | $1,450 | MRIS |
| Mar 15, 2010 | Price changed | $249,900 | MRIS |
| Oct 26, 2009 | Listed for rent | $1,500 | MRIS |
| Oct 25, 2009 | Listed | $260,000 | MRIS |
| Jun 9, 2006 | Sold | $298,000 | Public Record |
| Feb 10, 2005 | Sold | $120,000 | Public Record |
| Mar 23, 1998 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,100 | $115,000 | $264,100 | $4,158 |
| 2024 | $149,100 | $115,000 | $264,100 | $4,005 |
| 2022 | $113,400 | $59,000 | $172,400 | $3,147 |
| 2021 | $113,400 | $59,000 | $172,400 | $3,179 |
| 2020 | $113,400 | $59,000 | $172,400 | $3,137 |
| 2019 | $123,700 | $59,000 | $182,700 | $3,318 |
| 2018 | $123,700 | $59,000 | $182,700 | $3,347 |
| 2017 | $123,700 | $59,000 | $182,700 | $3,313 |
| 2016 | $123,700 | $59,000 | $182,700 | $3,309 |
| 2015 | $128,200 | $59,000 | $187,200 | $3,324 |
| 2013 | $128,200 | $59,000 | $187,200 | $3,416 |
| 2012 | — | — | $187,200 | $3,429 |
| 2011 | — | — | $187,200 | $3,506 |
| 2010 | — | — | $245,050 | $1,954 |
| 2009 | — | — | $191,556 | $1,803 |
| 2008 | — | — | $138,063 | $1,398 |
Property facts
Year built
1891
Property type
townhomes
Stories
3
Beds
2
Baths
2
Living area
1,276 sqft
Lot size
1,742 sqft
ZIP code
21701
City
Frederick
Street
Water St
Coordinates
39.41033, -77.40460
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
$1,914
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value
—
Frequently asked questions
When did 124 Water St last sell?
124 Water St most recently sold on Jan 9, 2023 for $296,500.
What is the current tax assessment for 124 Water St?
The most recent total assessment for 124 Water St (year 2025) is $264,100 with $4,158 in property tax.
How does 124 Water St's assessment compare to its last sale price?
The current assessment is 10.9% below the last sale price of $296,500.
When was 124 Water St built?
124 Water St was built in 1891.
How does 124 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 124 Water St?
124 Water St is a 2 bed, 2 bath, 1,276 sqft, 1,742 sqft lot townhomes.
Is 124 Water St a flip candidate?
No — 124 Water St does not appear in our flips dataset.
Is 124 Water St a tax-appeal candidate?
No — 124 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