NOT LISTED FOR SALE

Estimated Value: $738,000 - $778,000

6.83 Acres
$110,981 Price per Acre
297,515 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $750,000

Est. 1% increase in value since last sale

Current estimated payment $5,118/month

67 Days on Market

Highlights

  • View of Trees or Woods
  • 6.83 Acre Lot
  • Corner Lot
  • Stonegate Elementary School Rated A-
  • Partially Wooded Lot
  • No HOA

About This Lot

As of March 2024

6.83 ACRE LOT!! Beautiful 6.83 Acre lot on the corner of Norbeck Rd. and Twin Valley in Silver Spring. Feasibility study performed shows potential to subdivide into 8 lots and possible access to Water and Sewer lines!! Property is category 1 for both public water and sewer, zoned R200. Close to I200, restaurants, shopping and more! Approximant property corners have been marked with green, yellow and pink tape. For a copy of the feasibility study, please contact the listing agent. Also available for sale with this lot is 2500 Norbeck Road!

Buyers - please do your due diligence with the county to verify potential subdivision, exact property corner locations and access to public water and sewer!

Last Agent to Sell the Property

Jim Bim

(443) 463-6009 jim@jimbim.com Winning Edge Listed on: 06/22/2023

Co-Listed By

Weston Bim

(410) 564-4950 weston@jimbim.com Winning Edge License #675925

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,189

Lot Details

  • 6.83 Acre Lot
  • Corner Lot
  • Partially Wooded Lot
  • Additional Land
  • ALSO AVAILABLE FOR PURCHASE - 2500 NORBECK ROAD
  • Property is zoned R200, designated areas of the County for residential uses with a minimum lot size of 20,000 square feet - verify w/ the county

Property Views

  • Woods
  • Garden

Schools

  • Flower Valley Elementary School
  • Earle B. Wood Middle School
  • Rockville High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Wheaton Out Res. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161303049764

Property Details

Property Type

Land

Est. Annual Taxes

$13,189

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2023-06-22
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 2.52

Exterior Features

  • Construction Completed: No
  • View: Garden/Lawn, Trees/Woods
  • 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: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: ALSO AVAILABLE FOR PURCHASE - 2500 NORBECK ROAD
  • Lot Features: Partly Wooded, Corner, Additional Lot(s)
  • Lot Size Acres: 6.83
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 297515.00
  • Zoning: R200
  • Zoning Description: designated areas of the County for residential uses with a minimum lot size of 20,000 square feet - verify w/ the county
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13189.00
  • Assessor Parcel Number: 161303049764
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Mar 11, 2024
Sold by
Hanks Guy A and Elnora Inc
Bought by
Twin Valley Llc
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$899,900
Sold Price
$750,000
Premium/Discount to List
-$149,900
-16.66%
Views
138
Current Estimated Value
$758,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
0.59%
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
Twin Valley Llc $750,000 Lakeside Title
Twin Valley Llc $750,000 Lakeside Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $750,000 -16.7% --
08/29/2023 08/29/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $899,900 0.0% --
06/21/2023 06/21/23 Price Changed $899,900 -- --
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
2025 $13,759 $1,195,200 $1,195,200 --
2024 $13,759 $1,195,200 $1,195,200 $0
2023 $13,771 $1,195,200 $1,195,200 $0
2022 $13,189 $1,195,200 $1,195,200 $0
2021 $13,185 $1,195,200 $1,195,200 $0
2020 $13,185 $1,195,200 $1,195,200 $0
2019 $15,063 $1,366,000 $1,366,000 $0
2018 $15,090 $1,366,000 $1,366,000 $0
2017 $15,366 $1,366,000 $0 $0
2016 -- $1,366,000 $0 $0
2015 $15,342 $1,366,000 $0 $0
2014 $15,342 $1,366,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2097350

Bright MLS

APN: 13-03049764