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For salePrice cut: $30K (7/31)
$750,000
4beds
3,223sqft

127 S Market St, Frederick, MD 21701

4beds
3,223sqft
Townhouse
Built in 2007
2,407 sqft
2 Parking spaces
$233 price/sqft
$550/mo HOA

What's special

Two gas fireplacesRefined living spacesBeautifully updated bathroomsFully renovated residenceModern systemsClassic architectural characterNew hot water heater

127 S. Market Street in Frederick, Maryland presents an exceptional opportunity to own a fully renovated residence in the heart of historic downtown Frederick. Expertly updated in 2024, this remarkable property blends classic architectural character with modern systems and refined living spaces, all within walking distance of Carroll Creek and the vibrant downtown district. Recently approved for buyer financing needs, 127 S. Market Street is ideally situated along one of Reader's Digest's "Most Beautiful Main Streets in America" (2025), placing you just steps from downtown Frederick's renowned restaurants, bars, boutiques, coffee shops, galleries, and local attractions. The home offers four bedrooms, four full bathrooms, and two half bathrooms across multiple levels of living space. Interior highlights include two gas fireplaces, a finished lower-level ideal for recreation, guests, or additional living space, and a fourth-floor flex room perfectly suited for a private office, studio, fitness area, or personal retreat. A comprehensive interior renovation completed in 2024 included beautifully updated bathrooms, new carpeting, a new refrigerator and dishwasher, and new blinds installed throughout the home. Additional system improvements provide added value and peace of mind, including a TRANE air conditioning system installed in July 2025 with a transferable four-year warranty, a new hot water heater (October 2024), new garbage disposal (January 2025), and a new LG dryer (February 2026) with professionally cleaned dryer vents. The property also offers two covered parking spaces immediately adjacent to the home, which is a highly desirable amenity that is rarely available in downtown Frederick. Located approximately 0.2 miles from Carroll Creek Linear Park, you'll enjoy one of Maryland's premier walkable downtown lifestyles. Spend your evenings attending performances at the Maryland Ensemble Theatre, Weinberg Center for the Arts, Spire Arts, or exploring exhibits at the Delaplaine Arts Center. Enjoy the many parades, festivals, concerts, and seasonal events held along Carroll Creek throughout the year, or stroll to locally owned restaurants, breweries, wine bars, cafés, and unique boutiques. Saturday mornings are perfect for visiting the Downtown Frederick Farmers Market, while nearby Baker Park offers walking trails, playgrounds, tennis courts, bocce courts, athletic fields, and additional recreational facilities. The C. Burr Artz Public Library is also just a short walk away, adding to the convenience of this exceptional location. Downtown Frederick is celebrated for its beautifully preserved historic architecture, vibrant arts and dining scene, and welcoming sense of community, making it one of Maryland's most desirable places to live. Properties offering this combination of extensive renovations, spacious multi-level living, covered parking, and an exceptional downtown location are seldom available. 127 S. Market Street is a rare opportunity to experience the very best, and an amazing lifestyle of living in downtown Frederick. Schedule your private tour today and see all that this exceptional home has to offer!

161 days
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1,082
|
29
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Source: Bright MLS,MLS#: MDFR2078108MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Cathi Miller 301-788-7216,

Hagan Realty 2405060179

Source: Bright MLS,MLS#: MDFR2078108MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2
  • Main level bathrooms: 1
Basement
  • Area: 644
Heating
  • Forced Air, Natural Gas
Cooling
  • Central Air, Electric
Appliances
  • Included: Gas Water Heater
  • Laundry: Dryer In Unit, Washer In Unit, Upper Level
Features
  • Basement: Connecting Stairway,Finished
  • Number of fireplaces: 2
Interior area
  • Total structure area: 3,223
  • Total interior livable area: 3,223 sqft
  • Finished area above ground: 2,579
  • Finished area below ground: 644
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Assigned, Lighted, Parking Space Conveys, Secured, Off Street
  • Details: Assigned Parking, Assigned Space #: 2
Accessibility
  • Accessibility features: 2+ Access Exits
Features
  • Levels: Five
  • Stories: 5
  • Pool features: None
Lot
  • Size: 2,407 Square Feet
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 1102592071
  • Zoning: R
  • Special conditions: Standard

Construction

Type & style
  • Home type: Townhouse
  • Architectural style: Federal
  • Property subtype: Townhouse
Materials
  • Brick
  • Foundation: Brick/Mortar
Condition
  • New construction: No
  • Year built: 2007
  • Major remodel year: 2023

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community
  • Condo and coop fee: $550 monthly
  • Subdivision: Downtown Frederick
HOA
  • Has HOA: No
  • Amenities included: None
  • Services included: Management, Insurance, Sewer, Water, Common Area Maintenance, Maintenance Structure
  • HOA name: Homes @ Market Square Co.
Location
  • Region: Frederick
  • Municipality: Frederick City

Financial & listing details

  • Price per square foot: $233/sqft
  • Tax assessed value: $750,000
  • Annual tax amount: $9,215
  • Date on market: 3/20/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Conventional,FHA
  • Ownership: Fee Simple

Price history

DateEventPrice
7/31/2026Price change$750,000-3.8%$233/sqft
Source: Bright MLS #MDFR2078108 Report a problem
7/7/2026Price change$779,999-2.5%$242/sqft
Source: Bright MLS #MDFR2078108 Report a problem
4/20/2026Price change$799,900-2.5%$248/sqft
Source: Bright MLS #MDFR2078108 Report a problem
3/20/2026Listed for sale$820,000+6.6%$254/sqft
Source: Bright MLS #MDFR2078108 Report a problem
4/15/2024Sold$769,000-2%$239/sqft
Source: Bright MLS #MDFR2042742 Report a problem
2/23/2024Contingent$784,999$244/sqft
Source: Bright MLS #MDFR2042742 Report a problem
2/15/2024Price change$784,999-1.9%$244/sqft
Source: Bright MLS #MDFR2042742 Report a problem
2/1/2024Listed for sale$799,900$248/sqft
Source: Bright MLS #MDFR2042742 Report a problem
1/25/2024Contingent$799,900$248/sqft
Source: Bright MLS #MDFR2042742 Report a problem
1/2/2024Listed for sale$799,900+23.1%$248/sqft
Source: Bright MLS #MDFR2042742 Report a problem
9/14/2023Listing removed$649,900$202/sqft
Source: Bright MLS #MDFR2038956 Report a problem
9/5/2023Price change$649,900-7%$202/sqft
Source: Bright MLS #MDFR2038956 Report a problem
8/25/2023Listed for sale$699,000+20.5%$217/sqft
Source: Bright MLS #MDFR2038956 Report a problem
7/27/2023Sold$580,000+10.5%$180/sqft
Source: Public Record Report a problem
10/31/2022Listing removed$525,000$163/sqft
Source: Bright MLS #MDFR2021336 Report a problem
7/4/2022Listed for sale$525,000$163/sqft
Source: Bright MLS #MDFR2021336 Report a problem
6/30/2022Contingent$525,000$163/sqft
Source: Bright MLS #MDFR2021336 Report a problem
6/18/2022Listed for sale$525,000+38.2%$163/sqft
Source: Bright MLS #MDFR2021336 Report a problem
9/11/2015Sold$380,000$118/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$9,215 -95.4%$500,000 +3.7%
2024$202,440 +2327%$482,000 +3.9%
2023$8,341 +4.4%$464,000 +4%
2022$7,989 +5.5%$446,000 +5.6%
2021$7,572 +6.4%$422,333
2020$7,119 +6.4%--
2019$6,693 +0.1%$375,000
2018$6,689 +52.2%$375,000
2017$4,395 $375,000
2016-- $375,000

Find assessor info on the county website

Monthly payment

Est. payment
$4,880/mo
Principal & interest
$3743
Property taxes
$587
HOA Fees
$550
More affordability toolsChevron Right

Estimated market value

$744,600

$707,000 - $782,000

$3,248/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 21701

Nearby schools

Parkway Elementary School
Grades PK-50.5 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
6/10
West Frederick Middle School
Grades 6-80.9 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
4/10
Frederick High School
Grades 9-120.9 miles
4/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
4/10