5303 Spectrum Dr, Frederick, MD 21703 Property Records

Frederick County property record for 5303 Spectrum Dr, Frederick, MD 21703 · Last verified September 2023

Property Highlights

Property TypeIndustrial > Industrial Loft Building, Loft Building
Year BuiltBuilt 1986
Square Footage34,675 sqft Total Area
Lot Size307,969 sqft (7.07 acres)
Last Sale$43,000,000 (2020)
Tax Bill$48,936.00 (2023)

Property Details

APN / Parcel Number

Primary APN28-551649
Alternative APN
  • 551649

Interior

Units2 Units
Building Area34,675 sqft Total Area
Gross Area69,350 sqft Gross Area
Stories1 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1986
Exterior MaterialBrick Exterior
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Foundation TypeConcrete Foundation
Roof ConstructionFlat Roof Construction
Roof MaterialBuiltup (layered Asphalt) Roof
Lot Area307,969 sqft (7.07 acres)
Total Buildings2 Total Buildings

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemPackage Heating
SewageSewage Connected

Location & Zoning

Account Number551649
Street Address5303 SPECTRUM DR
CityFREDERICK
StateMD
Zip21703-7371
Property UsageIndustrial Property Usage
TypeIndustrial > Industrial Loft Building, Loft Building
Legal DescriptionLOT 4 PL 4 SEC 1 7.07 AC FREDERICK CORPORATE PARK
Legal SubdivisionFRED OFFICE & RESEARCH PARK
Legal Lot Number4
JurisdictionFREDERICK MD
Minor Civil Division2, FREDERICK
Census Blockgroup3
Census Block3026
Census Tract751003

Owner

Source: Frederick County records · APN 28-551649

Assessment roll updated July 1, 2023 · Last verified September 2023

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

Owner of RecordIndividual Name on File
Co-ownerVerified Secondary Owner
Mailing Address7200 WISCONSIN AVE STE 1100, 1100, BETHESDA, MD 20814-4845
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Aug 02, 2021Deed of Trust, Mortgage · Commercial Mortgage
CITY NATIONAL BANK
Mar 19, 2020Grant Deed, Transfer
OTHER
Feb 15, 2019Loan Modification, Mortgage · Line of Credit
CITIBANK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleMar 19, 2020 · Amount on Record
Deed SaleMar 19, 2020 · Amount on Record
Prior SaleFeb 18, 2015 · Amount on Record
Deed Doc Number0013598435
Deed Book / Page13598 / 435
Record RefreshedJun 07, 2026

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREDERICK MD
Property Address5303 SPECTRUM DR, FREDERICK, MD 21703-7371
Transaction TypeMortgage
Record UpdatedAug 16, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0151440037
DateAug 02, 2021
Book Page15144/37
Lender
NameCITY NATIONAL BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

March 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionFREDERICK MD
Recording DateMar 19, 2020
Property Address5303 SPECTRUM DR, FREDERICK, MD 21703-7371
Document Number0135980435
Book / Page013598 / 000435
Instrument DateMar 03, 2020
Transaction TypeTransfer
Record UpdatedMay 26, 2020
Title CompanyOTHER

Transaction

AmountAmount Recorded
Tax$43,000.00
Amount AccuracyConfirmed
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address7200 WISCONSIN AVE #1100 BETHESDA MD 208144845, 1100, BETHESDA, MD 20814-4845

February 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionFREDERICK MD
Recording DateFeb 15, 2019
Property Address5303 SPECTRUM DR, FREDERICK, MD 21703-7371
Document Number0128390001
Book / Page012839 / 000001
Instrument DateFeb 08, 2019
Transaction TypeMortgage
Record UpdatedFeb 26, 2019
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4700 WILSHIRE BLVD LOS ANGELES CA 900103853, LOS ANGELES, CA 90010-3853

Mortgage

Document Number128390001
DateFeb 15, 2019
Book Page012839/000001
Lender
NameCITIBANK
TypeBank
Address388 GREENWICH ST, NEW YORK, NY 10013-2375
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Frederick County records · Assessment roll updated July 1, 2023 · Last verified September 2023

Property Jurisdictions

TypeName
StateMaryland
CountyFrederick County
Unified School DistrictFrederick 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.

YearTax BillAssessed ValueAssessed Market Value
2023$48,936.00$4,050,000 Land $2,617,700 Building $1,432,300$4,050,000 Land $2,617,700 Building $1,432,300

Flood & Wildfire

5303 Spectrum Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Low risk).

Flood

Source: FEMA National Flood Hazard Layer · Frederick County (24021C), updated November 6, 2024

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesLow
3rd percentile of exposed land nationally · 6th in Maryland
Wildfire LikelihoodLow — less than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Spectrum Dr

Nearby Streets

Search Property Records by Address or Parcel Number