• Brooke Farm Drive OLNEY, MD 20832

  • $374,990
  • 65,340
    Sq Ft
  • 65340
    Sqft

DRASTICALLY REDUCED! THE LISTING PRICE OF $374,990.00 IS $254,210.00 BELOW THE COUNTY TAX ASSESSED VALUE OF $629,200.00! This is your rare opportunity to own a piece of prime real estate in the heart of Olney WAY BELOW MARKET VALUE! This Deeded parcel is 1.5 acres located directly adjacent to Medstar Montgomery Medical Center, previously known as Montgomery General Hospital. A small stream that is part of James Creek runs through the bottom of the property near Brooke Farm Dr., but it is NOT located in a Federal Flood Zone. FEMA Zone Rating is X. The property connects to both Brooke Farm Dr. and Tall Timbers Rd. and can possibly be subdivided into more than one lot. Public utilities are available at the street level but are not connected to the property. The parcel is being conveyed As-Is. Buyer is advised to verify available public utilities or questions related to building/subdivision with Montgomery County Planning Department for M-NCPPC. Thank you for your consideration.

Property Type :

Land

County :

MONTGOMERY

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public Hook-up Available

Equipment Information

None

Utility Features

Water: James Creek

Sewer: Public Hook/Up Avail

Lot Information

Lot Size: 65,340

Lot Size (Acres): 1.50

Main Square Feet: 65,340

Property Information

Total Lot SQ ft: 65,340

View: Creek/Stream,Trees/Woods

Total Acreage: 1.50

Listing Information

Possession: Settlement

Days Of Market: 525

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $7,250

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $629,200

Homeowners Association Information

Direction: North on Georgia Ave. towards Olney to Right on Prince Philip Dr. crossing over Route 108 (Olney-Sandy Spring Rd.), Right onto Brooke Farm Dr. Property is located right behind Medstar Montgomery Hospital. It connects between Brooke Farm Dr. on one side and Tall Timbers Rd. on the other. Tall Timbers Rd. is a private road.

School Information

Elementary School: BROOKE GROVE

Middle OR Junior School: WILLIAM H. FARQUHAR

High School: SHERWOOD

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Public Hook-up Available

Sewer: Public Hook/Up Avail

Location Information

Location Type: Creek/Stream

Direction: North on Georgia Ave. towards Olney to Right on Prince Philip Dr. crossing over Route 108 (Olney-Sandy Spring Rd.), Right onto Brooke Farm Dr. Property is located right behind Medstar Montgomery Hospital. It connects between Brooke Farm Dr. on one side and Tall Timbers Rd. on the other. Tall Timbers Rd. is a private road.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16750 Batchellors Fores.., Olney, MD,20832 $699,990 7 3.0 2,497 114563 Sqft
17510 Prince Philip Dri.., Olney, MD,20832 $1,900,000 6 3.5 6,172 283140 Sqft
18031 Golden Spring Cou.., Olney, MD,20832 $349,900 3 2.5 1,407 --
4352 Skymist Terrace , Olney, MD,20832 $600,000 3 2.0 1,888 10568 Sqft
18533 Bowie Mill Road , Olney, MD,20832 $700,000 5 2.0 1,853 14466 Sqft
4511 Boastfield Lane , Olney, MD,20832 $435,000 3 2.0 1,397 1650 Sqft
3704 Queen Mary Drive , Olney, MD,20832 $700,000 4 2.5 2,196 23295 Sqft
18117 Bilney Drive , Olney, MD,20832 $749,900 4 3.5 -- 10682 Sqft
18210 Wickham Road , Olney, MD,20832 $985,000 4 4.5 3,716 9375 Sqft
2511 Owens Road , Olney, MD,20832 $999,000 5 4.5 5,816 13393 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/02/2024 @ 07:13

MLS: MDMC2073622
LISTED BY: Kevin J Mahoney , RE/MAX Realty Centre, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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