MLS # : MDMC2073622 ClosePrint

 
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Property Details for listing # MDMC2073622
Price:  $374,990 City:  OLNEY
County:  MONTGOMERY, MD  State, Zip:  MD, 20832 
Status:  ACTIVE   
Descriptions
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 Middle School High School
BROOKE GROVE WILLIAM H. FARQUHAR SHERWOOD
Lot Land Information
Lot Acres:   1.50  Lot/Block/Sq:   1608007232 
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 
Lot Land Heating/Cooling/Water
Water:  Public Hook-up Available  Water Oriented Details:  James Creek 
Water View:  Yes   


Listing Courtesy Of



Listing Agent: Kevin Mahoney 
Listing Office: RE/MAX Realty Centre, Inc. 
Phone: (301) 774-5900