$225,500
SOLD JUN 6, 2025
0.34 Acre
$663,235 Price per Acre
14,810 Sq Ft Lot

Recently Sold

18% Below List Price

326 Days on Market

About This Lot

As of June 2025

**Lot for Sale: 704 Olney Sandy Spring Rd**

**Please DO NOT park in the neighbor's driveway**

Build your dream home at 704 Olney Sandy Spring Rd. This prime lot offers an excellent opportunity to build in a serene and highly sought-after location. Nestled in the heart of a charming community, this parcel provides space for a custom residence. Enjoy the perfect blend of suburban living, convenient access to local amenities, and commuter routes. This lot is ready to transform your vision into reality. Don't miss the chance to own a piece of Sandy Spring's picturesque landscape!

Last Agent to Sell the Property

Adam Virkus

(240) 672-2205 adamvirkus@gmail.com RE/MAX Realty Centre, Inc. Listed on: 06/01/2024

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Mr. Dag Alemayehu

(202) 222-5704 dag.yourdmvteam@gmail.com Samson Properties License #SP200201930

Samson Properties

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R200

Schools

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

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160800708454

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 18.52

Exterior Features

  • Construction Completed: No
  • 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

  • Condo Co-Op Association: No
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14850.00
  • Zoning: R200
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20.00
  • Assessor Parcel Number: 160800708454
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Aug 5, 2025
Sold by
Mekonen Dawit
Bought by
Beniyas Llc
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Mr. Dag Alemayehu
Samson Properties
List Price
$275,000
Sold Price
$225,500
Premium/Discount to List
-$49,500
-18%
Views
162
Current Estimated Value
$219,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,357
Avg. Annual Appreciation
-4.98%

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jun 5, 2025
Sold by
Sandy Spring Monthly Meeting Of The Reli
Bought by
Mekonen Dawit
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Mr. Dag Alemayehu
Samson Properties
List Price
$275,000
Sold Price
$225,500
Premium/Discount to List
-$49,500
-18%
Views
162

Purchase Details

Closed on
Feb 27, 2006
Sold by
S&Y Spring Mo Mtng Of The
Bought by
Montgomery County Md

Purchase Details

Closed on
Feb 13, 2006
Sold by
S&Y Spring Mo Mtng Of The
Bought by
Montgomery County Md

Purchase Details

Closed on
Jun 13, 1997
Sold by
Gloria H & F E Valdenar 3Rd
Bought by
Sandy Spring Develop Co Inc
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $225,500 Westcor Land Title Insurance C
Deed $225,500 Westcor Land Title Insurance C
Deed $14,513 --
Deed $14,513 --
Deed $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $225,500 -18.0% --
06/01/2024 06/01/24 For Sale $275,000 -- --
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 $20 $249,000 $249,000 --
2024 $20 $249,000 $249,000 $0
2023 $19 $249,000 $249,000 $0
2022 $18 $249,000 $249,000 $0
2021 $16 $249,000 $249,000 $0
2020 $16 $249,000 $249,000 $0
2019 $16 $249,000 $249,000 $0
2018 $16 $249,000 $249,000 $0
2017 $14 $249,000 $0 $0
2016 -- $249,000 $0 $0
2015 $99 $249,000 $0 $0
2014 $99 $249,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2134618

Bright MLS

APN: 08-00708454