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MLS #: MDMC2073622
Price: $374,990
Acres: 1.50
City: OLNEY
Status: ACTIVE
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Property Details Features at a Glance Action Items
County: MONTGOMERY, MD
State, Zip: MD, 20832
  • Zoning: R200
  • Water Oriented
  • 0.00
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Remarks
Comments: 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.
Financial Considerations
Taxes: $7,250.00  
School Information
Elementary:
BROOKE GROVE
Middle School:
WILLIAM H. FARQUHAR
High School:
SHERWOOD
Lot Land Information
Lot Acres: 1.50 Lot/Block/Sq: 1608007232
Building Sites: 0 Present Use: Timber, Vacant, Land/Lot Only
View Exposure: Creek/Stream, Trees/Woods Lot Description: Road Frontage, Stream/Creek, Subdivision Possible, Trees/Wooded
Building Permits: No Building Per Perc_Bedrooms: 0
Perc_Sites: 0  
Lot Land Heating/Cooling/Water
Water: Public Hook-up Available Water Oriented Details: James Creek
Water View: Yes  
Mortgage Calculator
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Listing Courtesy Of
Listing Agent: Kevin Mahoney
Listing Office: RE/MAX Realty Centre, Inc.

Mortgage Calculator

These figures are ESTIMATES only, NOT A GUARANTEE, and are SUBJECT TO CHANGE. If you misenter your information, the payment information will remain empty.