Brooke Farm Drive

Olney, MD 20832

$374,990
Price
65,340 / 1.5
Lot Size / Acres

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...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.
  1. Listed by Kevin J Mahoney • RE/MAX Realty Centre, Inc.
    P: 2402715763 kehmhomeimprovement@gmail.com

Property Details for Brooke Farm Drive

Tax ID Number
160800723255
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Views
Creek/Stream, Trees/Woods
Garage
No
Cross Street
Tall Timbers Rd.

Location

Listing Courtesy of RE/MAX Realty Centre, Inc.
Add your commute
LISTING UPDATED: 04/04/2024 12:39 PM

Property Details for Brooke Farm Drive

StatusActive
MLS #MDMC2073622
Days on Market559
Taxes$7,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size1.50 AC
CountyMontgomery County

Location

Listing Courtesy of RE/MAX Realty Centre, Inc.
Add your commute

Building Information for Brooke Farm Drive

Lot Size1.50 AC

Payment Calculator

$2,651 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,046

Property Taxes

$604

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Brooke Farm Drive

Location
Location
  • In City Limits: No
  • Transportation: Bus Stop less than 1 mile
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138126809
  • SchoolDistrictSource: 3rd Party
  • Elementary School: BROOKE GROVE (MONTGOMERY MD)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: WILLIAM H. FARQUHAR (MONTGOMERY MD)
  • MiddleSchoolSource: 3rd Party
  • High School: SHERWOOD (MONTGOMERY MD)
  • HighSchoolSource: 3rd Party
  • County: MONTGOMERY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: James Creek
  • Water Body Type: Creek
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $629,200
  • Year Assessed: 2023
  • County Tax: $7,250
  • Clean Green Assessed: No
  • Land Use Code: R
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R200
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Lease In Effect: No
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Road Frontage, Stream/Creek, Subdivision Possible, Trees/Wooded
  • Current Use: Timber, Vacant, Land/Lot Only
  • Location Type: Creek/Stream
  • Parcel ID: 13896087
  • Additional Parcels: No
  • Ground Rent Exists: No
Exterior Features
Exterior Features
  • Horse: No
Utilities
Utilities
  • Water Source: Public Hook-up Available
  • Sewer Septic: Public Hook/Up Avail
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for Brooke Farm Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Brooke Farm Drive

This home is within Montgomery County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Brooke Grove Elementary School
PublicPK to 5

William H. Farquhar Middle School
Public6 to 8

Sherwood High School
Public9 to 12

St Peter's School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Brooke Farm Drive is a 1.5 ac of land for sale in Olney, MD 20832. This property was listed for sale on October 29, 2022 by RE/MAX Realty Centre, Inc., it's currently listed at $374,990. This listing's school district is Montgomery County Public Schools. Nearby schools include Brooke Grove Elementary School, William H. Farquhar Middle School and Sherwood High School. Brooke Farm Drive is a 0-bed, 0-bath, 1.5 ac of land on a 65,340 sq. ft. / 1.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Realty Centre, Inc.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is 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 the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/04/2024 12:39 PM