MacRo LTD Blog

Recent Agricultural Real Estate Sale Statistics – MacRo, Ltd.

MacRo closes sale on Frederick, Maryland agricultural estate for $790,000.

MacRo closes sale on Frederick, Maryland agricultural estate for $790,000.MacRo, Ltd. is pleased to announce the closing of an equestrian real estate property located at 5509 Old National Pike, Frederick County, Maryland.

The 26.93 acre farm with existing house is located right off Route 40 and minutes from Interstate 70.

Legal Description: Tax Map 66, Parcel 291

Listing Price: $775,000

Sale Price: $790,000

Zoning: AG – Agricultural

Closing Date: July 21, 2011

Property boasts a beautiful rural setting complete with pond and updated 4,400 SF farm house, three car garage and large barn.

The property was placed on the market in May 2011 at a figure that exceeded fairly recent estate appraisal. Immediate strong interest yielded multiple offers, which yielded an executed contract within two months. Closing ocurred 60 days later.

Contact Rocky Mackintosh at 301-748-5655 or rocky@macroltd.com.