Movoto Real Estate
Sold on 08/14/2025
  • Exterior
  • Living
  • Other
  • Kitchen
  • Bedroom
  • Floorplan
  • Entry Way
  • Bath

127 Water St, Frederick, MD 21701

$376,000

Last sold 08/14/2025 for $400K

  • 2

    bed

  • 2

    bath

  • 1,092

    Sqft ($366/Sqft)

Townhouse not for sale

About 127 Water St

Property type Townhouse
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 1,808 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Anthony E Verdi
Listing Office - IMPACT Maryland Real Estate
Source: Bright MLS mls logo
MLS#MDFR2067796 • last updated 1 year ago
Movoto checked Bright MLS for data 1 minute ago
Overview
Cooling/AC Central A/C, Electric
Heating Electric, Natural Gas
Levels/Style Colonial
Type Residential
Status Active
SqFt 1752
Lot Size (SqFt) 1808
Lot Size (Acres) 0.04
County Tax 2673, Annually
City/ Town Tax 1744
Tax: Assessed Value 286600
Annual Property Tax 4418
Year Built 1880
Condition Very Good
Municipality Frederick City
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 2
# Full Baths 1
# Half Baths 1
Total # of Bedrooms 2
Basement Other, Unfinished
Appliances Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Washer, Dryer
Interior Features Kitchen - Table Space, Combination Dining/Living
Accessibility Features None
Exterior
Roof Rubber, Architectural Shingle
Foundation Stone
# Parking Spaces 2
Parking Desc On Street, Driveway
# Driveway Spaces 2
Existing Structures Above Grade, Below Grade
Fencing Rear
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision DOWNTOWN FREDERICK
Water Source Public
Senior Community (Y/N) N
School District FREDERICK COUNTY PUBLIC SCHOOLS
Directions South Street To Water St (near FCPS Building/Across From The Old Frederick Brick Works) - Towards Carroll Creek.
Zoning DR
$376K
Range: $338K-$413K
Last 30 days 
Rental est.: $1,588/month
Gross rent multiplier: 21.0
  • Jul 2025
    mls logo MLS # MDFR2067796
  • Jul 23, 2025 Listed
    $399,997 (+35.1%)
  • Apr 2021
    mls logo MLS # MDFR2000110
  • Apr 15, 2021 Sold
    $296,000 (+7.7%)
  • Mar 16, 2021 Pending
  • Mar 11, 2021 Listed
    $274,900
  • Year Property taxes Tax assessment
  • 2025
    $5,320 +51.1%
    $286,600 +20.03%
  • 2023
    $3,520 +32.8%
    $238,767 +66.85%
  • 2022
    $2,651 +5.7%
    $143,100 +2.7%
  • 2020
    $2,509 +6.8%
    $139,333 +2.78%
  • 2018
    $2,350 +52.1%
    $135,567 +2.86%
  • 2017
    $1,545 -16.6%
    $131,800 +0.15%
  • 2011
    $1,853
    $131,600
  • 127 Water St
    $400K
  • East Frederick
    $516K -8% y/y
  • 21701
    $499K -2% y/y
  • Frederick
    $499K +2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
125 Water St, Frederick, MD 21701 $344,000 2/2 888 0
129 Water St, Frederick, MD 21701 $345,000 2/1 888 0
121 Water St, Frederick, MD 21701 $251,000 1/1 762 0.01
119 Water St #12, Frederick, MD 21701 $253,000 —/1 834 0.01
131 Water St, Frederick, MD 21701 $335,000 —/1 1,600 0.02
117 Water St #12, Frederick, MD 21701 $301,000 —/1 825 0.02
115 Water St, Frederick, MD 21701 $322,000 2/1 750 0.02
111 Water St, Frederick, MD 21701 $220,000 —/1 1,092 0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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