401 Cormorant Pl, Frederick, MD 21701 Property Records

Frederick County property record for 401 Cormorant Pl, Frederick, MD 21701

Property Summary

Property Type	Multi-Family Dwellings
Details	38,141 sqft · built 2013
Lot Size	0.88 acres (38,333 sqft)
Owner	2 Company Names on File
Last Sale	$47,000,000 (Apr 2019)
Tax Bill	$137,368 (2025)
Deeds & Mortgages	Apr 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`02-589642`

Property Details

APN / Parcel Number

Primary APN	`02-589642`
Alternative APN	`589642`

Interior

Units	39 Units
Stories	4 Stories
Building Area	38,141 sqft Living Area
1st Floor Area	38,141 sqft
Basement Area	2,880 sqft
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 2013
Effective Year Built	Effective 2013
Architectural Style	Multi-Family
Exterior Material	Aluminum/Vinyl
Fire Resistance	Wood or Wood & Steel Frame
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	38,333 sqft (0.88 acres)
View / Lot	Commercial/Industrial
Garage Type	Basement
Garage Area	2,880 sqft
Parking Spaces	9 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Heat Pump
Sewer	Municipal

Location & Zoning

Account Number	589642
Street Address	401 CORMORANT PL
City	FREDERICK
State	MD
Zip	21701-1970
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	MU1
Legal Description	MF-2 .88 ACRES MARKET SQUARE AT FREDERI
Legal Subdivision	MARKET SQUARE/FREDERICK
Legal Lot Number	MF-2
Jurisdiction	FREDERICK MD
Township / Civil Division	2, FREDERICK
Census Block Group	3
Census Block	3008
Census Tract	750802

Owner

Source: Frederick County records · APN 02-589642

Assessment roll updated August 7, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Company Names on File
Mailing Address	4416 E WEST HWY, 300, BETHESDA, MD 20814-4566
Owner Type	Company
Vesting	Tenants in Common

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Apr 04, 2019 · Amount on Record
Deed Sale	Apr 04, 2019 · Amount on Record
Prior Sale	Oct 08, 2015 · Amount on Record
Deed Book / Page	12905 / 125
Prior Transfer Date	Feb 27, 2013
Prior Transfer Doc	0094100475
Record Updated	Sep 20, 2026

April 2019: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	FREDERICK MD
Recording Date	Apr 04, 2019
Property Address	401 CORMORANT PL, FREDERICK, MD 21701-1970
Document Number	0129050125
Book / Page	012905 / 000125
Instrument Date	Mar 29, 2019
Transaction Type	Construction Loan
Record Updated	Apr 18, 2019
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$47,000.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4416 E WEST HWY #300 BETHESDA MD 208144566, 300, BETHESDA, MD 20814-4566

Mortgage

Document Number	129050144
Date	Apr 04, 2019
Book Page	012905/000144

Lender

Name	CBRE CAP MARKETS
Type	Funding / Finance Company
Address	929 GESSNER RD # 1700, HOUSTON, TX 77024-2317

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Apr 03, 2029

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Frederick County records · Assessment roll updated August 7, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Maryland
County	Frederick County
Municipality	Frederick City
Unified School District	Frederick County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$7,078,900 (-4.61%) Land $429,800 Building $6,649,100	$7,078,900 (-4.61%) Land $429,800 Building $6,649,100
2025	$137,368.00 (-3.54%)	$7,420,700 (-3.07%) Land $429,800 Building $6,990,900	$7,420,700 (-3.07%) Land $429,800 Building $6,990,900
2024	$142,416.00 (+2.06%)
2023	$139,537.00	$7,655,700 Land $429,800 Building $7,225,900	$7,655,700 Land $429,800 Building $7,225,900

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of November 6, 2024 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	2 in force

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Historic Designation

Source: NPS National Register of Historic Places as of August 1, 2026 · Last verified October 2026

Individually Listed	Old National Pike Milestones listed 1975 · 69 contributing resources · NRIS 75002107

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 2,000
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880
T-Mobile USA Fixed Wireless	100 / 20

May also be available: AT&T, Shenandoah Telecommunications Company.

Based on FCC filings for 268 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	CITY OF FREDERICK serves 54,000 people
Water Source	Surface water
Last State Inspection	Jun 2024
Lead	1 ppb (2019–2021) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.