Estimated payment $6,855/month
Highlights
- 1.5 Acre Lot
- Cape Cod Architecture
- Wood Flooring
- Belmont Elementary School Rated A
- Traditional Floor Plan
- 2 Fireplaces
About This Home
Rare Development Opportunity in Prime Olney Residential Location!
This unique offering includes both an R200-zoned parcel of land and a charming Cape Cod-style home, providing an ideal investment/development opportunity. Together, these parcels—one with a single-family home & Detached Garage built in 1957 and the other as additional land—offer a total of 2.98 acres (1.5 acres + 1.48 acres) potential for 5 total lot subdivision. Existing Home Features: Living Space: 1,818 sq. ft. above grade, Unfinished Basement:1,511 sq. ft. with mechanical storage and laundry area, Bedrooms: 4 total (2 on the main level, 2 on the upper level) Bathrooms: 2 full bathrooms (one on each level) Additional Spaces: Living room, dining room, family room, and an enclosed rear porch Side Porch & Deck (decking requires replacement; please exercise caution when viewing) Detached two-car garage for added convenience, Brick and vinyl siding, Gutters & Downspouts: Aluminum, Windows: Metal double-hung. HOME & LAND SOLD STRICTLY "AS IS" Public water and sewer is on the street, buyer is responsible for any further future development process & utilities connections fees associated with the purchase . Don't miss this opportunity to invest in a versatile property in a desirable Olney location! Cross listed in Land Bright id #MDMC2155798 Additional parcel Tax ID #160800707723 conveys
Listing Agent
(240) 630-8689 alecia@soldbyscottteam.com Samson Properties Brokerage Phone: 3014240900 License #RS-0039610 Listed on: 11/15/2024
Co-Listing Agent
(240) 630-8689 robert@scottteamint.com Samson Properties Brokerage Phone: 3014240900 License #5004192
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,838
Year Built
- Built in 1957
Lot Details
- 1.5 Acre Lot
- Level Lot
- Back and Front Yard
- Additional Land
- Subdivision Possible
- Property is in good condition
- Property is zoned R200
Parking
- 2 Car Detached Garage
- 4 Driveway Spaces
- Front Facing Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
- Asphalt Roof
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- 2 Fireplaces
- Family Room Off Kitchen
- Dining Area
- Galley Kitchen
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Unfinished Basement
- Walk-Out Basement
- Connecting Stairway
- Water Proofing System
- Sump Pump
- Workshop
Location
- Suburban Location
Schools
- Belmont Elementary School
- Rosa M. Parks Middle School
- Sherwood High School
Utilities
- Ductless Heating Or Cooling System
- 90% Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Olney Outside Subdivision
Listing and Financial Details
- Assessor Parcel Number 160800707712
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,499 | $472,200 | $229,100 | $243,100 |
| 2024 | $5,838 | $450,500 | $0 | $0 |
| 2023 | $4,857 | $428,800 | $0 | $0 |
| 2022 | $4,387 | $407,100 | $218,100 | $189,000 |
| 2021 | $3,562 | $396,633 | $0 | $0 |
| 2020 | $6,866 | $386,167 | $0 | $0 |
| 2019 | $3,319 | $375,700 | $218,100 | $157,600 |
| 2018 | $3,295 | $373,300 | $0 | $0 |
| 2017 | $3,989 | $370,900 | $0 | $0 |
| 2016 | $3,839 | $368,500 | $0 | $0 |
| 2015 | $3,839 | $368,500 | $0 | $0 |
| 2014 | $3,839 | $368,500 | $0 | $0 |
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 |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $1,200,000 | -- | $516 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: MDMC2155786
APN: 08-00707712
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