$203,000
$189,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Acres Lot
SOLD DATE : 11/20/2024
Key Details
Sold Price $203,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDFR2055222
Sold Date 11/20/24
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,175
Tax Year 2024
Lot Size 5.000 Acres
Acres 5.0
Property Description
Rare find - a wooded 5 acre lot available in the Oakdale school district. Perc test approved for a trench septic system (not a sand mound) which can support a 4 bedroom home; existing well is 200' deep and yields 10 GPM. NO covenants, NO HOA, NO city property taxes. Rural and scenic location but convenient to retail and employment centers: less than 4 miles to the heart of historic downtown Frederick, 1 mile to Pinecliff Park, 3 miles to I-70 interchange, 7 miles to Urbana and I-270 interchange.
This lot is currently platted as an outlot (see plat in documents). A subdivision plat will need to be recorded in the land records prior to submitting an application for a building permit . Estimated total cost to complete and record the subdivision plat is $25k and time to complete is 6 months. Current estimated lot value after subdivision plat is recorded is $275,000. Listing price has been discounted appropriately to compensate Buyer for future costs, time and effort; listing price also reflects Seller's willingness to entertain a short study period, but not a plat approval contingency. Buyer solely responsible for all due diligence. Maryland Realtor forms only.
Location
State MD
County Frederick
Zoning AGRICULTURE
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Perc Approved Septic
Water Well
Schools
Elementary Schools Oakdale
Middle Schools Oakdale
High Schools Oakdale
School District Frederick County Public Schools
Others
Tax ID 1109239510
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Andrew J Brown • CPG Realty, LLC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "