NOT LISTED FOR SALE
3.15 Acres
-- Price per Acre
137,214 Sq Ft Lot

Last Sold November 14, 2012

Last sale price $1,100,000

242 Days on Market

Highlights

  • 3.15 Acre Lot
  • Corner Lot
  • Additional Land
  • Oakland Terrace Elementary School Rated A
  • Office or Studio
  • 4-minute walk to Evans Parkway Neighborhood Park

About This Lot

As of November 2012

3.15 acres, Evans Parkway and Georgia Avenue; walking distance to 2 Metro stations; 13 platted R-60 lots; 10 are buildable; lots range from 8,000 to 10,000 square feet; removal of Montgomery Art and Design building by buyer; frontage homes to be served by private alleys; owned by Montgomery College Foundation;Potential reuse of existing 10,000 sf. school as a church, private school or day center

Last Agent to Sell the Property

Perry Berman

perryplanning@verizon.net Scheer Partners, Inc. Listed on: 01/03/2012

Last Buyer's Agent

Perry Berman

perryplanning@verizon.net Scheer Partners, Inc. Listed on: 01/03/2012

Property Details

Property Type

  • Land

Lot Details

  • 3.15 Acre Lot
  • Corner Lot
  • The property's topography is level
  • Additional Land
  • Cost To Obtain Building Permits
  • Impact Fee Building Permits
  • No Building Permits
  • Property is zoned R-60, R-60

Outdoor Features

  • Office or Studio

Listing and Financial Details

  • Tax Lot P4
  • Assessor Parcel Number 161301099370

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Office, Parking
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 14.58

Exterior Features

  • Other Structures List: Office/Studio
  • View: Street

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Land Assessed Value: 137500.00
  • Lot Features: Additional Lot(s), Corner
  • Lot Size Acres: 3.15
  • Lot Size Area: 137214
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 137214.00
  • Possible Use: Residential
  • Topography: Level
  • Zoning: R-60
  • Zoning Description: R-60

Tax Info

  • Assessor Parcel Number: 14013407
  • Assessor Parcel Number: 161301099370
  • Tax Lot: P4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Nov 13, 2012
Sold by
The Montgomery College Foundation Inc
Bought by
Montgomery County Maryland
Seller's Agent
Perry Berman
Scheer Partners, Inc.
Buyer's Agent
Perry Berman
Scheer Partners, Inc.
List Price
$2,000,000
Sold Price
$1,100,000
Premium/Discount to List
-$900,000
-45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montgomery County Maryland $1,140,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $1,100,000 -45.0% --
09/01/2012 09/01/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $2,000,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $163,000 $163,000 $0
2023 -- $163,000 $163,000 $0
2022 $0 $163,000 $163,000 $0
2020 $0 $161,267 $0 $0
2017 $1,730 $148,467 $0 $0
2016 -- $141,733 $0 $0
2015 -- $135,000 $0 $0
2014 -- $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003804072

Bright MLS

APN: 13-01099370