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$2,900,000   Price Analysis
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8426 Piney Branch Rd
Silver Spring, MD 20901
3 bed 2 bath 3,856 SqFt ($752/SqFt)
6,129SqFt lot. Built 1943
Listed 2023-08-07, Taxes $5,574
Ⓧ USDA Ineligible
due to price & location

near Seven Oaks

PRICE REDUCED!

ALL OFFERS WILL BE CONSIDERED. If you are seeking an excellent investment opportunity zoned for Commercial and/or Residential use in a prime location. With the up and coming Purple Line , a 16 mile light rail line minutes from this property may bring many opportunities for investors. this exceptional 3-lot package with a total of 21, 241 square feet (tax id: 161301397842, 161301397831, 161301397853) Investors, developers and homeowners alike will find a wealth of potential in this property. The brick cape cod boasts opn rooms with hardwood floors, providing a comfortable and charming living space.

With close proximit y to the Metro, its strategic location is ideal for those who value convenient commuting. Beyond the charm of the residence, the three adjacent commercially-zoned lots, totaling 21, 241 square feet offer limitless possibilities. These lots could be developed into a retail space, an office building or any other lucrative commercial venture. With a location convenient to major highways, shopping and dining, this property is highly desirable and poised for success. Don't miss out on this exceptional opportunity to secure a valuable investment in a thriving area. Schedule an experience today to explore the possibilities firsthand.


Presented by Anthony Arnoux at
Smart Realty, Llc.


Property MLS #MDMC2102990 from BrightMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Dining Area
Wood Floors
Basement

Cooling Features: Central A/C
Heating Features: Hot Water
Heating: Yes

Lot Size Acres: 0.1407025
Lot Size Square Feet: 6129

Parking Features: Driveway, Off Street

Association: No
Calculated Total Monthly Association Fees: 0

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Oak View Elementary School is a public elementary school located approximately 0.5 miles away.
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Eastern Middle School is a public middle school located approximately 1 miles away.
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Montgomery Blair High School is a public high school located approximately 1.4 miles away.
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Takoma Academy is a private high school located approximately 0.7 miles away.
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Municipality: SILVER SPRING
Annual Tax Amount: 6886.0
Source Listing Status: Active
County: MONTGOMERY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: MONTGOMERY
Postal Code Plus 4: 4352
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$497,867
$5,574
2021$201,100 + $268,900
$470,000
$5,194
2020$unknown + $unknown
$463,367
$5,081
2019$unknown + $unknown
$456,733
$4,865
2018$181,200 + $268,900
$450,100
$4,769
2017$181,200 + $268,900
$450,100
$4,848
2016$185,400 + $268,900
$454,300
$4,812
2016$181,200 + $268,900
$450,100
$4,953
2015$185,400 + $268,900
$454,300
$4,853
2014$unknown + $unknown
$454,300
$4,912
2012$unknown + $unknown
$502,300
$5,369
2011$unknown + $unknown
$502,300
$5,130
2010$unknown + $unknown
$502,300
$4,888
2009$unknown + $unknown
$576,390
$5,331
2008$unknown + $unknown
$576,390
$4,023

Price Changed 2024-05-04
$2,900,000
BrightMLS
Price Changed 2023-11-11
$3,800,000
BrightMLS
Price Changed 2023-10-27
$4,000,000
BrightMLS
Listed 2023-08-07
$4,500,000
BrightMLS
Listing removed 2022-11-02
$0
BrightMLS
Listed 2021-12-01
$4,000,000
BrightMLS
Sold 2001-06-01
$205,000
Public Record
Sold 1986-08-06
$150,000
Public Record

Total Square Feet Living: 2192
Year Built: 1943
Above Grade Finished Area: 2192
BelowGradeFinishedArea: 1664
Below Grade Unfinished Area: 1664
Construction Materials: Brick
Property Age: 81
Levels or Stories: 3
Structure Type: Detached
House Style: Cape Cod
Total Area Sqft: 5520
Total Below Grade Area: 3328
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.