Seller's Agent in 2023
Audrey Primozic
Weichert Corporate
(301) 503-6554
3 in this area
86 Total Sales
Estimated Value: $863,000 - $1,167,000
2.25
Acres
$451,111
Price per Acre
98,010
Sq Ft Lot
About This Lot
As of October 2023All four 2.25 acre lots (total of 9 acres) are being offered as is and in one transaction for $1,200,000. The four lots are located at the back of the subdivision in Olney, one of Montgomery County’s most sought-after areas. All four lots will need to go through the formal subdivision process before applying for building permits and will require the extension of the existing road. The lots have access to a WSSC sewer line and will require a well to be drilled on each lot. An outstanding investment opportunity - located in Olney and only minutes away from multiple shopping centers, schools, hospital, and easy access to the Mid County connector (MD 200). See disclosures for plats, existing deeds, WSSC sewer line easement, MHG’s Engineering sub-division proposal and other information. ***** The four lots are currently listed individually at $350,000 each.
Last Agent to Sell the Property
(301) 503-6554 aprimozic@erols.com Weichert, REALTORS License #91003 Listed on: 08/18/2023
Last Buyer's Agent
(240) 593-6964 nguyen48tran@gmail.com Golden Gate Realty Corporation License #601245
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,955
Lot Details
- 2.25 Acre Lot
- Property is zoned RE2
Utilities
- Well Required
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 160800709128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2023
Closed on
Oct 23, 2023
Sold by
Florence F Turner Family Revocable Trust
Bought by
Chp 2023 Irrevocable Trust and Bao
Seller's Agent
Audrey Primozic
Weichert, REALTORS
Buyer's Agent
Nguyen Vinh
Golden Gate Realty Corporation
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,000
Avg. Annual Appreciation
-3.67%
Purchase Details
Closed on
Aug 5, 2004
Sold by
Turner Florence H
Bought by
Turner Florence F Rev Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chp 2023 Irrevocable Trust | $1,100,000 | Commonwealth Land Title | |
| Chp 2023 Irrevocable Trust | $1,100,000 | Commonwealth Land Title | |
| Turner Florence F Rev Trust | -- | -- | |
| Turner Florence F Rev Trust | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2023 10/23/23 | Sold | $1,100,000 | -8.3% | -- |
| 10/10/2023 10/10/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $1,200,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $571 | $39,400 | $39,400 | -- |
| 2024 | $571 | $37,700 | $37,700 | $0 |
| 2023 | $541 | $36,000 | $36,000 | $0 |
| 2022 | $2,955 | $257,000 | $257,000 | $0 |
| 2021 | $2,943 | $257,000 | $257,000 | $0 |
| 2020 | $2,943 | $257,000 | $257,000 | $0 |
| 2019 | $2,938 | $257,000 | $257,000 | $0 |
| 2018 | $2,943 | $257,000 | $257,000 | $0 |
| 2017 | $3,051 | $257,000 | $0 | $0 |
| 2016 | $3,502 | $257,000 | $0 | $0 |
| 2015 | $3,502 | $257,000 | $0 | $0 |
| 2014 | $3,502 | $257,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Audrey Primozic
-
Nguyen Vinh
N
Buyer's Agent in 2023
Nguyen Vinh
Golden Gate Realty Corporation
(240) 593-6964
1 in this area
5 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2104442
APN: 08-00709128
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