NOT LISTED FOR SALE

Estimated Value: $1,599,088

5.04 Acres
$317,279 Price per Acre
219,542 Sq Ft Lot

Sale Details

Date Sold: January 12, 2023

Last sale price $425,000

Est. 276% increase in value since last sale

Current estimated payment $9,911 / mo

129 Days on Market

Highlights

  • Horses Allowed On Property
  • Pasture Views
  • No HOA
  • 5.04 Acre Lot

About This Lot

As of January 2023

Beautiful 8-lot section of Brooke Meadows subdivision of 5-acre lots surrounding the original operating horse farm located just outside Olney in rural Sandy Spring. Well in place and Perc approved. Close proximity to ICC, shopping, and amenities. Other lots available - 4,5,7 & 8.

Last Agent to Sell the Property

Joe Anselmo

(301) 882-8710 joe@joeanselmo.com Samson Properties Listed on: 06/25/2022

Samson Properties

Co-Listed By

Michelle McLeod

(301) 882-8710 mmcleod73@gmail.com Samson Properties License #526722

Last Buyer's Agent

Lauren McBain

(301) 591-3920 lauren@mcbainhomes.com RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.
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Property Details

Property Type

  • Land

Lot Details

  • 5.04 Acre Lot
  • Cleared Lot
  • Lots 4,5,7,8
  • No Building Permits
  • Property is zoned RURAL

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Well
  • Well Permit on File
  • Perc Approved Septic

Additional Features

  • Pasture Views
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Brooke Meadows HOA
  • Brooke Meadow Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160803227240

Property Details

Property Type

Land

Lot Details

5.04 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.05

Exterior Features

  • Construction Completed: No
  • View: Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Well, Well Permit On File

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: BROOKE MEADOWS
  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SHERWOOD
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: Lots 4,5,7,8
  • Agricultural Tax Fee: Yes
  • Lot Features: Cleared
  • Lot Size Acres: 5.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 219542.00
  • Perc Type: Approved
  • Possible Use: Agriculture, Residential
  • Soil Types: Unknown
  • Topography Description: Gently sloping/flat
  • Zoning: RURAL
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14070133
  • Tax Annual Amount: 28.00
  • Assessor Parcel Number: 160803227240
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Jan 12, 2023
Sold by
Bought by
Seller's Agent
Joe Anselmo
Samson Properties
Buyer's Agent
Lauren McBain
RE/MAX Realty Centre, Inc.
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
12
Current Estimated Value
$1,599,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,174,088
Avg. Annual Appreciation
45.25%
Original Mortgage
$1,425,000
Interest Rate
5%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Closed $1,425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2023 01/12/23 Sold $425,000 -5.6% --
11/01/2022 11/01/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $450,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,558 $1,007,233
2024 $11,772 $923,867
2023 $0 $2,500 $2,500 $0
2022 $28 $2,500 $2,500 $0
2021 $28 $2,500 $2,500 $0
2020 $28 $2,500 $2,500 $0
2019 $28 $2,500 $2,500 $0
2018 $28 $2,500 $2,500 $0
2017 $28 $2,500 $0 $0
2016 -- $2,500 $0 $0
2015 $3,807 $300,133 $0 $0
2014 $3,807 $291,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2058402

Bright MLS

APN: 08-03227240

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