127 Water Street – Downtown Frederick Living at Its Finest Just steps off Carroll Creek, in the very heartbeat of Downtown Frederick, sits a home that blends charm, convenience, and that unmistakable Frederick vibe. Imagine a Thursday evening… you stroll two blocks to catch Alive at Five, music floating through the air as you grab a drink and watch the sun set over Carroll Creek. Saturday morning, you wander over to the Farmers Market for fresh bread and flowers. Dinner? Take your pick—award‑winning restaurants, iconic breweries, and cozy cafés are all within walking distance. And on First Saturdays, the whole city comes alive right outside your door. Now picture coming home to 127 Water Street—a freshly updated 2‑bedroom, 1.5‑bath home that’s been thoughtfully freshened up inside, including a brand‑new AC system for peace of mind. The layout is cozy and functional, but what truly sets this home apart are the rare Downtown Frederick features everyone dreams of: ✅ Driveway parking for two cars (no circling the block hunting for a spot!) ✅ A fenced rear yard, perfect for pets, gardening, or a quiet evening by the firepit. ✅ A quiet, tucked‑away street that isn’t a through street—less traffic, more peace. It’s all here—the energy of downtown living paired with the comfort of a home that makes life easy. If you’ve been dreaming of that Frederick lifestyle where you can walk to everything yet retreat to your own private space, 127 Water Street is calling your name. Come experience it for yourself… and fall in love with what makes Downtown Frederick so special.
Sold for $400,000
$400,000
127 Water St, Frederick, MD 21701
2beds
1,092sqft
Townhouse
Built in 1880
1,808 Square Feet Lot
$397,400 Zestimate®
$366/sqft
$2,239 Estimated rent
Home value
$397,400
$370,000 - $429,000
$2,239/mo
Zestimate® history
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Est. payment
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Fenced rear yard
Zillow last checked:
Listing updated:
Listed by:
Eric Verdi 301-514-2403,
IMPACT Maryland Real Estate
Bought with:
Troyce Gatewood
Real Broker, LLC - Frederick
Source: Bright MLS,MLS#: MDFR2067796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom 1
- Features: Flooring - HardWood, Ceiling Fan(s)
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 12 x 9
Bedroom 2
- Features: Flooring - HardWood, Ceiling Fan(s)
- Level: Upper
- Area: 104 Square Feet
- Dimensions: 13 x 8
Family room
- Features: Flooring - HardWood, Ceiling Fan(s)
- Level: Main
- Area: 294 Square Feet
- Dimensions: 21 x 14
Other
- Features: Double Sink, Bathroom - Tub Shower
- Level: Upper
Half bath
- Level: Main
Kitchen
- Features: Flooring - Vinyl
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12 x 8
Laundry
- Level: Main
Office
- Features: Flooring - Vinyl
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10 x 8
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Ice Maker, Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Washer, Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Kitchen - Table Space, Combination Dining/Living
- Flooring: Hardwood, Vinyl
- Basement: Other,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,752
- Total interior livable area: 1,092 sqft
- Finished area above ground: 1,092
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: On Street, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 1,808 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1102042665
- Zoning: DR
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick, Stone
- Foundation: Stone
- Roof: Rubber,Architectural Shingle
Condition
- Very Good
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Frederick
- Subdivision: Downtown Frederick
- Municipality: Frederick City
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | $400,000+0%$366/sqft |
Source:  Bright MLS #MDFR2067796 Report a problem | ||
| 7/25/2025 | Contingent | $399,997$366/sqft |
Source: Bright MLS #MDFR2067796 Report a problem | ||
| 7/23/2025 | Listed for sale | $399,997+34.7%$366/sqft |
Source: Bright MLS #MDFR2067796 Report a problem | ||
| 6/23/2025 | Sold | $297,000+0.3%$272/sqft |
Source: Public Record Report a problem | ||
| 4/16/2023 | Listing removed | -- |
Source: Bright MLS #MDFR2000110 Report a problem | ||
| 4/27/2021 | Sold | $296,000+7.7%$271/sqft |
Source: Public Record Report a problem | ||
| 3/16/2021 | Pending sale | $274,900$252/sqft |
Source: Bright MLS #MDFR2000110 Report a problem | ||
| 3/11/2021 | Listed for sale | $274,900+37.5%$252/sqft |
Source: Bright MLS #MDFR2000110 Report a problem | ||
| 11/16/2005 | Sold | $199,999$183/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,320 -94.7% | $286,600 +20% |
| 2024 | $100,282 +2821.6% | $238,767 +25.1% |
| 2023 | $3,432 +33.9% | $190,933 +33.4% |
| 2022 | $2,563 +2.6% | $143,100 +2.7% |
| 2021 | $2,498 +3.2% | $139,333 |
| 2020 | $2,421 +2.9% | -- |
| 2019 | $2,352 +0.1% | $131,800 +0.1% |
| 2018 | $2,350 +52.1% | $131,733 -0.1% |
| 2017 | $1,545 -16.6% | $131,800 +0.2% |
| 2016 | $1,853 | $131,600 |
| 2015 | $1,853 | $131,600 |
| 2014 | $1,853 | $131,600 -0.6% |
| 2013 | -- | $132,400 |
| 2012 | -- | $132,400 |
| 2011 | -- | $132,400 -27.3% |
| 2010 | -- | $182,060 +21.7% |
| 2009 | -- | $149,550 +27.8% |
| 2008 | -- | $117,040 +38.5% |
| 2007 | -- | $84,530 +15.6% |
| 2006 | -- | $73,120 +18.5% |
| 2005 | -- | $61,710 +22.7% |
| 2004 | -- | $50,300 +1.9% |
| 2003 | -- | $49,356 +1.9% |
| 2002 | -- | $48,413 +2% |
| 2001 | -- | $47,470 |
Find assessor info on the county website
Neighborhood: 21701
Nearby schools
GreatSchools rating
- 6/10Spring Ridge Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 6/10Gov. Thomas Johnson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Gov. Thomas Johnson High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Frederick County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$397,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$397,400
- Maryland
- Frederick County
- Frederick
- 21701
- 127 Water St
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