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Listing IDMDMC2073622
Price$374,990
Price/SqFt$5.74
StatusACTIVE
Acres
1.500
CountyMontgomery
Property TypeLand
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.
County
Montgomery
Price/SqFt
5.74
Property Type
Land
Zoning
R200
Farm Land Preservation
no
Horses
N
Lot Size Source
Assessor
Lot Size Units
Square Feet
Sewer Septic
Public Hook/Up Avail
Tidal Water
no
Water Access
no
Water Body Name
James Creek
Water Body Type
Creek
Water Oriented
yes
Water Source
Public Hook-up Available
Water View
yes
Condo/Co-op Association
N
Country
US
Elementary School
BROOKE GROVE
Elementary School Source
3rd Party
High School
SHERWOOD
High School Source
3rd Party
HOA
N
In City Limits
no
Location Type
Creek/Stream
Middle Or Junior School
WILLIAM H. FARQUHAR
Middle School Source
3rd Party
School District Name
MONTGOMERY COUNTY PUBLIC SCHOOLS
School District Source
3rd Party
Transportation
Bus Stop less than 1 mile
View Type
Creek/Stream, Trees/Woods
Waterfront
no
Building Permits
No Building Permits
Current Use
Timber, Vacant, Land/Lot Only
Days on Market
524
Historic
no
Land Use Code
R
Property Sub Type
Land
Year Assessed
2023
Association Recreation Fee
N
Automatically Update Tax Values
yes
Ground Rent Exists
no
Lease Considered
no
Ownership Interest
Fee Simple
Possession
Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
7250
Tax Assessed Value
629200
Tax Data Updated
no
Tax Year
2023
Vacation Rental
no
Listing courtesy of RE/MAX Realty Centre, Inc. 2402715763
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of RE/MAX Realty Centre, Inc.. Data last updated on Tuesday, April 16th, 2024 04:12:32 AM.
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