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Brooke Farm Drive,  Olney MD, 20832

(Active)
$374,990
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MLS# MDMC2073622
Last Updated: 5/20/2024 3:01 PM
Description for Brooke Farm Drive Olney, MD 20832
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.
Price
$374,990
MONTGOMERY
MDMC2073622
Active
Description
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.
Listing Information
Property Type: Land, Other
1.5 Acres
Public
Neighborhood
School Information
District: MONTGOMERY COUNTY PUBLIC SCHOOLS
BROOKE GROVE WILLIAM H. FARQUHAR SHERWOOD
Room Information
Exterior / Lot Features
Water, Trees/Woods, Creek/Stream
Wooded
Driving Directions
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.
Financial Considerations
160800723255
$7,250
Listing Price History

Olney Real Estate

Olney is located in Maryland. Olney, Maryland 20832 has a population of 36,285.

The median household income in Olney, Maryland 20832 is $138,027. The median household income for the surrounding county is $113,505 compared to the national median of $66,222. The median age of people living in Olney 20832 is 41 years.

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Courtesy: RE/MAX Realty Centre, Inc.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/20/2024 3:01 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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