Thank you
Kevin J Mahoney
RE/MAX Realty Centre, Inc.
301-774-5900
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.
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Water Source : Public Hook-up Available
None
Water: James Creek
Sewer: Public Hook/Up Avail
Lot Size: 65,340
Lot Size (Acres): 1.50
Main Square Feet: 65,340
Total Lot SQ ft: 65,340
View: Creek/Stream,Trees/Woods
Total Acreage: 1.50
Possession: Settlement
Days Of Market: 525
Lease Considered: No
Annual Tax: $7,250
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $629,200
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.
Elementary School: BROOKE GROVE
Middle OR Junior School: WILLIAM H. FARQUHAR
High School: SHERWOOD
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Water Source: Public Hook-up Available
Sewer: Public Hook/Up Avail
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.
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 |
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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.