Welcome to 534 Lancaster Place, a building located in Frederick in Frederick, MD.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1988.
There are a total of 2 floors.
Finally, 534 Lancaster Place was most recently sold on Jun 30, 2017 for $195,800.
The market value for the land that the building sits on has been listed at $85,000.
In addition, improvements upon the building have an added value of $180,100.
In total, the total market value of the property as a whole is $265,100.
According to local assessors, the total value of the building is currently valued at $229,167.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 1,088 square feet.
The building itself has 1,088 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 534 Lancaster Place is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the 21703 area have a median price of $2,680.
Those in the 25th percentile, have a price around $2,300.
While those in the 75th percentile, have a price around $2,950.
Typically, the buildings in this area have a median sqft of 1,915.
That means that the median price per sqft is around $17.
In other words, the price per sqft for buildings in the 25th percentile is $15.
While the price per sqft for buildings in the 75th percentile is $20.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There are currently a total of 6 two bedroom listings.
The median price for these types of listings is $1,900.
That's $19.17 price per sqft.
- There are currently a total of 33 three bedroom listings.
The median price for these types of listings is $2,600.
That's $17.47 price per sqft.
- There are currently a total of 14 four bedroom listings.
The median price for these types of listings is $3,098.
That's $16.57 price per sqft.
About The Area
534 Lancaster Place is located in 21703.
There are 34,666 people living here.
There are 12,588 households.
Most of these households have an average family size of 3.26 people.
According to the census, 36% are currently renting while 64% own their homes.
The median age of this population is around 33.8 years old.
On average, most folks in the zipcode are unmarried.
About 26% of folks speak a language other than English in this area.
The area's employment rate is currently around 70.6%.
Speaking of employment, the median income is $75,730.
Most folks will commute by car for around 35.5 minutes.
Finally, we know that 24% of residents in the area have graduated with their high school degree.
Additionally, 24% and 12% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Frederick County, Maryland has a population of 243,465 people.
Based on census records, there are 88,995 registered households.
Families in this area are on average made up of 3.15 people per household.
Most folks are married.
They are also typically around 39.2 years old.
Does diversity matter to you? Right now, 13% of folks speak a language other than English here.
About 26% rent while 74% purchased their homes.
Right now, the community is made up of 25% of residents who have graduated with at least a high school degree.
On top of that, 23% have a Bachelor's degree and 16% have a Master's degree.
The employment rate is currently around 67%.
Those employed, have a median income of $85,715.
