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$355,000
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Property Description
Its location is truly unbeatable - you'll find yourself just steps away from the beautiful Carroll Creek Park, perfect for leisurely strolls and enjoying the outdoors. In addition to the park, this location offers the convenience of being just steps away from a variety of popular breweries, restaurants, and shops. You'll have endless options for dining, entertainment, and everyday needs right outside your door. This beautifully renovated home has been completely updated from top to bottom with all-new features and elegant details throughout. It's a true turnkey property, ready for you to move right in! The seller has recently added air conditioning for your comfort. Enjoy the convenience of rear parking accessible from the adjacent alley, in addition to ample on-street parking. This downtown location offers the best of city living and presents a fantastic opportunity for either personal enjoyment or as a savvy investment. Its perfect size and pristine condition make it ideal for generating income as either a short-term or long-term rental.
Full Property Details
Full Property Details for 115 Water St
General
- Sold For: $355,000
- Taxes: $3,523 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDFR2057718
- Added to Site: 351 day(s) ago
Interior
- Rooms/Areas: Bedroom 1, Bathroom 1
- Interior Features: Built-Ins
- Flooring: Luxury Vinyl Plank, Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 2
- Bedrooms-Up2: 1
- Bedroom 1: Bedroom 1, Upper 1
Other Rooms
- Laundry: Main Floor
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Total Spaces: 2
- Parking Features: Handicap Parking
- Parking Type: Alley, Off Street, On Street
Location
- Municipality: Frederick City
- County: Frederick
- Development Name: Downtown Frederick
- Subdivision: Downtown Frederick
- Driving Directions: USE GPS Park on STREET in front of HOME on WATER STREET
- City Limits: Yes
School Information
- School District: Frederick County Public Schools
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Federal
- Architectural Style: Federal
- Structure Type: Twin/Semi-Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Other
- Foundation: Stone
- Roof: Metal
- Walls/Ceilings: Dry Wall, Plaster Walls
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Living Area: 900 Sq. Ft.
- Year Built: 1885
- Year Built Source: Assessor
- Property Condition: Excellent, Very Good
Unit Information
- Unit Floor in Bldg.: 3
Lot Features
- Property View: City
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,088
- Lot Size Source: Assessor
- Lot Features: No Thru Street, Rear Yard
- Zoning: DR
- Lot Description: No Thru Street, Rear Yard
- Fencing (Description): Rear
Financial Considerations
- Price Per Sq. Ft.: $394.44
- Assessment Year: 2024
- City/TownTax: $1,390
- City/TownTax Freq: Annually
- County Tax: $2,132
- County Tax Freq: Annually
- Tax w/Assessment: $190,400
- Tax Amount: $3,523
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 750
Disclosures and Reports
- Ownership: Fee Simple
Listed by Welcome Home Realty Group, Tony La Scola
Sold by Frederick Land & Home, LLC., Elizabeth Carswell
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Schools
Schools serving 115 Water St
School District:Frederick County Public Schools, Fort Detrick, MD
| Name | Grades | Distance |
|---|---|---|
Spring Ridge Elementary School 9051 Ridgefield Drive, Frederick, MD 21701 | K-5 | 2.9 mi |
Gov. Thomas Johnson Middle School 1799 Schifferstadt Boulevard, Frederick, MD 21701 | 6-8 | 1.9 mi |
Gov. Thomas Johnson High School 1501 North Market Street, Frederick, MD 21701 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Water St
Date
Details
Price
Change
Source
8/27/2025
Sold
$355,000
—
MLS
7/15/2025
Price Reduced
$354,999
-5.08%
MLS
5/27/2025
Price Reduced
$374,000
-2.6%
MLS
4/29/2025
Price Reduced
$384,000
-1.54%
MLS
12/17/2024
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 Water Street, Frederick, MD 21701 (MLS# MDFR2057718) is a Single Family property that was sold at $355,000 on August 27, 2025. Want to learn more about 115 Water Street? Do you have questions about finding other Single Family real estate for sale in Frederick? You can browse all Frederick real estate or contact a Coldwell Banker agent to request more information.

