Off Market7474d on marketHistoric · 101 yrs

40 S Water St

Frostburg, MD, 21532 • 21532 • Allegany County

$153,000

$82/sqft

2Baths

1,864Sqft

0.12 acLot

1925Built

Property DNA

1 highlights

Conventional Style

Built 1925 · 101 years of history

Market activity

Demand and pricing signals for this listing

2 views

People checking out this listing

7474 days on market

Established listing

$82/sqft

Price per square foot

About this home

Single Family · Built 1925 · Historic

This is a 1864 square foot, 2.0 bathroom, single family home. This home is located at 40 S Water St, Frostburg, MD 21532.

Estimated monthly payment

Based on current rates

$998/month

Principal & Interest$794

Property Tax$153

Insurance$51

Down payment20% ($30,600)

3%50%

Est. 6.75% rate · 30yr fixed · $122,400 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1925

HeatingBaseboard

ParkingGarage - Attached

Lot5,412 sqft

Property

Home typeSingle Family

StyleConventional

Year built1925

Systems

HeatingBaseboard

RoofShake / Shingle

Parking & Outdoor

ParkingGarage - Attached

Lot5,412 sqft

Location & Tax

Neighborhood21532

Parcel26007593

Features & details

3 categories of property features

Interior Features

Heating

Baseboard

Exterior Features

Exterior

Other

Parking

Garage - Attached

Listing insights

Market data and value estimates

StatusOff Market

Days on market7474

Est. value$153,000

Est. rent$1,506/mo

Tax rate1.08%

Price/sqft$82

Last sold$88,000

Tour days6

How are the schools in Frostburg?

3 schools rated nearby

Beall Elementary School

Primary • Public • PK-5

0.2 mi

Mount Savage Middle School

Middle • Public • 6-8

4.1 mi

Mountain Ridge High School

High • Public • 9-12

1.0 mi

Location

Frostburg, MD, 21532

Expand map

Price history

2 events

DateEventPrice$/sqftSource

Oct 21, 2005Sold$88,000$47Public Record

Jun 7, 2000Sold$55,000$30Public Record

Sold$88,000

Oct 21, 2005•$47/sqft•Public Record

Sold$55,000

Jun 7, 2000•$30/sqft•Public Record

Tax history

25 years of records

YearTax paidAssessed value

Apr 9, 2025—$108,800

Apr 9, 2024$1,684$100,233

Apr 9, 2023$1,520$91,667

Apr 9, 2022$1,379$83,100

Apr 9, 2021$1,387$82,800

Apr 9, 2020$1,336$82,500

Apr 9, 2019$1,356$82,200

Apr 9, 2018$790$82,200

Apr 9, 2017$817$82,200

Apr 9, 2016—$82,900

Apr 9, 2015$811$82,900

Apr 9, 2014$811$82,900

Apr 9, 2013—$91,500

Apr 9, 2012—$91,500

Apr 9, 2011—$91,500

Apr 9, 2010—$101,290

Apr 9, 2009—$87,420

Apr 9, 2008—$73,550

Apr 9, 2007—$59,680

Apr 9, 2006—$57,902

Apr 9, 2005—$56,126

Apr 9, 2004—$54,320

Apr 9, 2003—$54,316

Apr 9, 2002—$54,313

Apr 9, 2001—$54,310

Nearby homes

Off Market

$124,500

6 bd1,812 sqft

46 S Water St, Frostburg, MD

Off Market

$2,500

4 bd3 ba2,712 sqft

Water Rear St, Frostburg, MD

Off Market

$168,800

3 ba2,542 sqft

8 Ormand St, Frostburg, MD

Off Market

$127,700

2 ba1,596 sqft

6 Ormand St, Frostburg, MD

Off Market

$173,900

4 bd3,044 sqft

51 South Broadway, Frostburg, MD

Off Market

$97,800

1 ba1,308 sqft

4 Ormand St, Frostburg, MD

Off Market

$3,600

3 bd2 ba1,732 sqft

Water St, Frostburg, MD

Off Market

$88,800

2.5 ba1,736 sqft

53 S Broadway, Grantsville, MD

Neighborhood details

Local context around this listing

Frostburg, MD • Allegany County

Nearby cities

AccidentBittingerCumberlandEllerslieFrostburgGrantsvilleLonaconingOakland

Nearby zip codes

2152821532

Similar homes

For Sale

$150,000

4 bd2 ba1,812 sqft

147 W Mechanic St, Frostburg, MD

For Sale

$149,000

5 bd2 ba2,316 sqft

51 W Main St, Frostburg, MD

For Sale

$159,000

5 bd2 ba1,024 sqft

101 Charles St, Frostburg, MD

For Sale

$139,900

4 bd2 ba1,428 sqft

164 E College Ave, Frostburg, MD

For Sale

$119,000

3 bd2 ba1,480 sqft

48 Mill St, Frostburg, MD

For Sale

$134,500

3 bd2 ba1,472 sqft

129 Mount Pleasant St, Frostburg, MD

For Sale

$169,900

3 bd1 ba1,376 sqft

160 Ormand St, Frostburg, MD

For Sale

$159,000

4 bd1,502 sqft

24 Hill St, Frostburg, MD

For Sale

$199,500

2 bd2 ba1,546 sqft

212 E Main St, Frostburg, MD

For Sale

$89,900

3 bd2 ba1,232 sqft

124 S Water St, Frostburg, MD

For Sale

$115,000

4 bd2 ba1,160 sqft

54 E College Ave, Frostburg, MD

For Sale

$219,900

3 bd2 ba1,702 sqft

4 Chestnut St, Frostburg, MD

For Sale

$209,000

3 bd2 ba2,442 sqft

61 W Main St, Frostburg, MD

16001 Mount Savage Rd NW, Mount Savage, MD

For Sale

3 bd2 ba1,572 sqft

16001 Mount Savage Rd NW, Mount Savage, MD

17014 Old National Pike SW, Frostburg, MD

For Sale

$120,000

3 bd2 ba1,275 sqft

17014 Old National Pike SW, Frostburg, MD

For Sale

3 bd2 ba1,924 sqft

14813 McMullen Hwy SW, Cresaptown, MD

For Sale

$163,000

5 bd2 ba1,796 sqft

230 National Hwy, Lavale, MD

For Sale

$224,900

4 bd1 ba1,654 sqft

17309 Mount Savage Rd NW, Frostburg, MD

For Sale

$99,999

3 bd1 ba1,350 sqft

11 Green St, Frostburg, MD

For Sale

$156,999

4 bd2 ba1,470 sqft

465 Warren St, Cumberland, MD

Tour This Home

Pick a date

Preferred time

Apr 9, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$153,000

Est. rent$1,506/mo

Affordability$973/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response