229 PatrickFrederick, MD 21701

  • Office buildings
  • 1,276 SF
Off market
$204,700 Estimated

Property Details for 229 Patrick

Year built
1880
Construction
BRICK
Lot size
0.10 AC
Property size (Sq ft)
1,276 SF
Zone code
DB
Property type
Office buildings
APN
02-104334
APU
2104334

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $303,701
    6.5%
    $280,339
    7%
    $260,315
  • Comparable approach

    Method
    Valuation
    Relative Method
    $255,123
    Geo Method
    $255,123
  • Alternative Use

    Use
    Valuation
    Residential
    $347,621
    Hospitality
    $318,419
    Educational
    $264,921
    Medical
    $274,032
    Retail
    $412,099

Location Insight

City
Frederick
County
Frederick
State
Maryland
Latitude
39.414
Longitude
-77.4165
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,722
-
-
$204,700
-
$81,100
$219,000
$300,100

FAQs

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