Seller's Agent in 2025
Patrick Mayo
RE/MAX
(301) 461-7045
4 in this area
44 Total Sales
2
Beds
1
Bath
672
Sq Ft
7,500
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- 1 Fireplace
- Olney Elementary School Rated A
- Attic
- No HOA
About This Home
As of August 2025Versatile CRT-2 Zoned Property in the Heart of Downtown Olney – Live, Work, or Both!
Unlock the potential of this charming and freshly updated property located in the vibrant core of downtown Olney. Zoned CRT-2 (Commercial Residential Town), this flexible space is ideal for a small business, professional office, or a cozy live/work setup.
Step inside to find 2 spacious bedrooms or private offices, a full bath, and a light-filled kitchen ready to accommodate daily living or client hospitality. A large enclosed back porch/mudroom adds additional usable space, perfect for storage, waiting area, or a break room.
The property features:
Fresh paint throughout
Brand new carpet
Detached 1-car garage
Paved parking for up to 5 vehicles
Prominent visibility and easy access in a high-traffic area
Whether you're launching a boutique business, moving your practice closer to your clients, or simply looking for an adaptable investment opportunity, this unique property is a rare find in one of Olney’s most desirable commercial/residential corridors.
Schedule your private tour today and imagine the possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,473
Year Built
- Built in 1950
Lot Details
- 7,500 Sq Ft Lot
- Property is in good condition
- Property is zoned CRT2
Parking
- 1 Car Detached Garage
- Front Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Cottage
- Block Foundation
- Frame Construction
Interior Spaces
- 672 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Attic
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- 120/240V
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 160800706637
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2024
Sold by
Ann W Burger Trust and Burger John P
Bought by
John P Burger Reservoir Trust and Trust For Kelly Dieux
Purchase Details
Closed on
Jun 2, 2016
Sold by
Burger Ann W
Bought by
Burger Ann W and Ann W Burger Trust
Purchase Details
Closed on
Mar 17, 2004
Sold by
Burger Raymond C and Burger W A
Bought by
Burger Ann W
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $390,000 | -2.5% | $580 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $400,000 | -11.1% | $595 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $450,000 | -10.0% | $670 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $500,000 | 0.0% | $744 / Sq Ft |
| 05/05/2025 05/05/25 | Off Market | $500,000 | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $500,000 | 0.0% | $744 / Sq Ft |
| 01/13/2021 01/13/21 | Rented | $1,900 | -5.0% | -- |
| 01/07/2021 01/07/21 | Under Contract | -- | -- | -- |
| 11/16/2020 11/16/20 | For Rent | $1,999 | -- | -- |
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 | $4,473 | $354,300 | $225,000 | $129,300 |
| 2024 | $4,473 | $343,733 | $0 | $0 |
| 2023 | $3,629 | $333,167 | $0 | $0 |
| 2022 | $3,335 | $322,600 | $225,000 | $97,600 |
| 2021 | $1,924 | $311,367 | $0 | $0 |
| 2020 | $2,920 | $300,133 | $0 | $0 |
| 2019 | $2,792 | $288,900 | $225,000 | $63,900 |
| 2018 | $2,714 | $282,067 | $0 | $0 |
| 2017 | $2,678 | $275,233 | $0 | $0 |
| 2016 | $2,174 | $268,400 | $0 | $0 |
| 2015 | $2,174 | $258,233 | $0 | $0 |
| 2014 | $2,174 | $248,067 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Mayo
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
6 in this area
6,411 Total Sales
-
Linda Plummer
Buyer's Agent in 2021
Linda Plummer
Realty Advantage of Maryland LLC
(202) 714-1865
9 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2173142
APN: 08-00706637
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