#MDFR2067510, Lori W Rogers, Listing office: Keller Williams Realty Centre
127 Water St Frederick, MD 21701
Property details
About 127 Water St
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.
Highlights
(ACTIVE)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Exhaust Fan, Ice Maker, Microwave, Oven, Electric Range, Refrigerator, Water Heater, Washer, Dryer
- Basement: Yes
- Flooring Type: Hardwood, Vinyl
- Interior: Kitchen - Table Space, Combination Dining/Living
- Total Bedroom Count: 2
- Parking: On Street,Driveway
- Architectural Style: Colonial
- Heating: Forced Air
- Cooling: Central Air
- List Price: $399,997
- Price/SqFt: $366
- Annual Tax Amount: $3,520
- Tax Year: 2024
- Directions: South Street to Water St (near FCPS Building/Across from the old Frederick Brick works) - towards Carroll Creek.
- Year Built: 1880
- Stories: 2
- Living Area: 1,092 SqFt
- Municipality: Frederick City
- Lot Size: 0.04 Acres
- MLS Number: MDFR2067796
- MLS Name: BRIGHT
- Office Name: IMPACT Maryland Real Estate
- Office Phone: (240) 815-0890
- Listing Agent: Anthony E Verdi
- Agent Phone: (301) 514-2403
- Agent Email: ericverdi.impact@gmail.com
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Last updated on: 7/23/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 27, 2021 | Home Sold | $296,000 |
Nov 16, 2005 | Home Sold | $199,999 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $238,767 | $3,520 |
2023 | $190,933 | $3,520 |
2022 | $143,100 | $2,651 |
2021 | $139,333 | $2,508 |
2020 | $135,567 | $2,418 |
2019 | $131,800 | $2,418 |
2018 | $131,733 | $2,430 |
2017 | $131,667 | $2,303 |
History based on county public records data.
Nearby schools
4
Lincoln Elementary School
Public District KG-5
0.5 mi
•200 Madison St
7
Parkway Elementary School
Public District KG-5
0.8 mi
•300 Carroll Pkwy
7
North Frederick Elementary School
Public Magnet KG-5
1.4 mi
•1010 Fairview Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,333. The most common annual income of people living in Frederick, MD is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 127 Water St
The listing price of 127 Water St property is $399,997.
The property 127 Water St is a townhouse located in Frederick, Maryland, 21701.
Active Listing: 127 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 127 Water St are: Lincoln Elementary School (GreatSchools Rating 4/10), Parkway Elementary School (GreatSchools Rating 7/10), North Frederick Elementary School (GreatSchools Rating 7/10), Monocacy Valley Montessori (GreatSchools Rating 8/10), West Frederick Middle School (GreatSchools Rating 4/10), Crestwood Middle School (GreatSchools Rating 4/10), Frederick High School (GreatSchools Rating 4/10), Gov. Thomas Johnson High School (GreatSchools Rating 4/10), Tuscarora High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $3,520 (source: MLS/based on county public records data).
The last sale was on April 27, 2021 for $296,000 (source: MLS/tax record).
The property at 127 Water St has 2 bedrooms and 1 full and 1 half bathrooms.
The property 127 Water St is 1,092 SqFt (source: MLS/tax record).
The year of construction for 127 Water St is 1880.
This home is located at 127 Water St in Frederick, MD and zip code 21701 in the Downtown Frederick neighborhood. This 1,092 square foot home, which was built in 1880, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $399,997.
Between May and June 2025, Frederick, MD real estate market has seen increase in the number of listings by 114.4%. While the average time on the market in June 2025 was 42 days, the median list price was $499,999.