Frederick County property record for 6450 Mercantile Dr E, Frederick, MD 21703 · Last verified December 2023
| Property Type | Apartment House (100+ Units) |
|---|---|
| Details | 16,994 sqft · built 2006 |
| Lot Size | 15.5 acres (676,922 sqft) |
| Owner | Company Name on File |
| Last Sale | $61,000,000 (Jul 2016) |
| Tax Bill | $641,751 (2023) |
| Deeds & Mortgages | Dec 2025 Mortgage Feb 2023 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 23-457180 |
| Primary APN | 23-457180 |
|---|---|
| Alternative APN |
|
| Units | 297 Units |
|---|---|
| Stories | 3 Stories |
| Building Area | 16,994 sqft Total Area |
| Gross Area | 372,920 sqft |
| Fire Sprinklers | Fire Sprinklers |
| Year Built | Built 2006 |
|---|---|
| Foundation Type | Slab (Mat/Raft) |
| Lot Area | 676,922 sqft (15.5 acres) |
| Garage Type | Detached |
| Garage Area | 1,628 sqft |
| Parking Spaces | 64 Parking Spaces |
| Porch | Open Porch |
| Porch Area | 6,012 sqft |
| Total Buildings | 16 Buildings |
| Heating System | Heat Pump |
|---|---|
| Sewer | Connected |
| Account Number | 457180 |
|---|---|
| Street Address | 6450 MERCANTILE DR E |
| City | FREDERICK |
| State | MD |
| Zip | 21703-7558 |
| Property Category | Commercial |
| Property Type | Residential > Multi-Unit > Apartment House (100+ Units) |
| Legal Description | LOT 601 SECT 6 15.54 ACRES HANNOVER |
| Legal Lot Number | 601 |
| Legal Unit | EAST |
| Jurisdiction | FREDERICK MD |
| Township / Civil Division | 23, BALLENGER |
| Census Block Group | 2 |
| Census Block | 2003 |
| Census Tract | 751004 |
Source: Frederick County records · APN 23-457180
Assessment roll updated July 1, 2023 · Last verified December 2023
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 3348 PEACHTREE RD NE STE 1000, 1000, ATLANTA, GA 30326-1445 |
| Owner Type | Company |
| Date | Document |
|---|---|
| Dec 02, 2025 | Deed of Trust, Mortgage · Commercial Mortgage CITI REAL ESTATE FUNDING INC |
| Feb 02, 2023 | Deed of Trust, Mortgage · Commercial Mortgage MORGAN STANLEY BANK NA |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jul 18, 2016 · Amount on Record |
| Deed Sale | Jul 18, 2016 · Amount on Record |
| Prior Sale | Apr 02, 2004 · Amount on Record |
| Deed Document Number | 0011257482 |
| Deed Book / Page | 11257 / 0482 |
| Record Updated | Jun 07, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | FREDERICK MD |
| Property Address | 6450 MERCANTILE DR E, FREDERICK, MD 21703-7558 |
| Transaction Type | Mortgage |
| Record Updated | Dec 15, 2025 |
| Title Company | SUSSEX TITLE LLC, ESSEX TITLE LLC |
| Name | Verified Name |
|---|---|
| Address | 2340 COLLINS AVE 700, 700, MIAMI BEACH, FL 33139-1637 |
| Document Number | 0176240417 |
|---|---|
| Date | Dec 02, 2025 |
| Book Page | 17624/417 |
| Name | CITI REAL ESTATE FUNDING INC |
|---|---|
| Type | Non-Lending Institution |
| Address | NEW YORK, NY 10013 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | FREDERICK MD |
| Property Address | 6450 MERCANTILE DR E, FREDERICK, MD 21703-7558 |
| Transaction Type | Mortgage |
| Record Updated | Nov 29, 2023 |
| Name | Verified Name |
|---|---|
| Address | 1601 WASHINGTON AVE 800, 800, MIAMI BEACH, FL 33139-3165 |
| Document Number | 0163180333 |
|---|---|
| Date | Feb 02, 2023 |
| Book Page | 16318/333 |
| Name | MORGAN STANLEY BANK NA |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10036 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Frederick County records · Assessment roll updated July 1, 2023 · Last verified December 2023
| Type | Name |
|---|---|
| State | Maryland |
| County | Frederick County |
| Unified School District | Frederick County Public Schools (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2023 | $641,751.00 | $53,515,200 Land $2,030,700 Building $51,484,500 | $53,515,200 Land $2,030,700 Building $51,484,500 |
Source: FEMA National Flood Hazard Layer, Frederick County (24021C), updated November 6, 2024 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
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