Seller's Agent in 2024
Phil Gerdes
Real Broker, LLC - Annapolis
(443) 694-7366
2 in this area
579 Total Sales
165 Olive Branch Rd Stevensville, MD 21666
Romancoke NeighborhoodEstimated Value: $526,000 - $585,000
3
Beds
2
Baths
1,686
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Vaulted Ceiling
- Oversized Parking
- Matapeake Elementary School Rated A-
- 2 Car Direct Access Garage
- Luxury Vinyl Plank Tile Flooring
About This Home
As of October 2024Available for showings soon, all of the benefits of new construction without all of the hassle and headaches. Welcome to 165 Olive Branch Road.
During your relaxing ride to your new home you'll find an abundance of views, from the legendary Chesapeake Bay, to majestic farmlands. As you get towards the end of your drive the Romancoke Fishing pier will make an appearance just a short stroll from your new home.
Upon arrival you'll notice the striking corner lot with endless possibilities. A side facing garage allows for ample parking, in addition to the side facing driveway. The home's exterior is graced with cedar impressions vinyl siding, accenting the rest of the low maintenance vinyl siding, all wrapped underneath a brand new architectural shingle roof.
Inside you're immediately greeted with warm low maintenance luxury wide plank vinyl floors, a vaulted ceiling, and an impressive open living area perfect for entertaining, or relaxing after a day on the water. Venturing toward the owner's wing of the home is of course the luxurious primary suite, complete with a well appointed on-suite bath featuring a walk-in closet that even has natural light! On the other wing of the house sits two large bedrooms flooded with natural light along with the second bathroom featuring a tub/shower combo.
This is an incredibly rare opportunity to own a home that's less than 1 year old, without having to deal with the hassle of having a home built. If you're looking for island living at it's finest look no further this is it. Welcome to 165 Olive Branch Road.
Last Agent to Sell the Property
(443) 694-7366 philgerdes@thegerdesteam.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 08/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,106
Year Built
- Built in 2023
Lot Details
- 0.42 Acre Lot
- Property is zoned NC-20
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Craftsman Architecture
- Rambler Architecture
- Slab Foundation
- Frame Construction
- Architectural Shingle Roof
- Asphalt Roof
- Shake Siding
- Vinyl Siding
- Stick Built Home
- Asphalt
- Tile
Interior Spaces
- 1,686 Sq Ft Home
- Property has 1 Level
- Vaulted Ceiling
- Luxury Vinyl Plank Tile Flooring
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
Community Details
- Romancoke On The Bay Subdivision
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 1804009428
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Oct 3, 2024
Sold by
Smallwood Jacob and Smallwood Ciara B
Bought by
Burns Eric
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Joshua Shapiro
Douglas Realty, LLC
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,535
Avg. Annual Appreciation
3.15%
Original Mortgage
$257,250
Outstanding Balance
$254,353
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$288,182
Purchase Details
Closed on
Dec 12, 2023
Sold by
Dauses Real Estate Inc
Bought by
Smallwood Jacob and Smallwood Ciara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2021
Sold by
Venture Development Llc
Bought by
Dauses Real Estate Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,100
Interest Rate
2.98%
Purchase Details
Closed on
Feb 26, 2001
Sold by
Raines Charles S
Bought by
Venture Development Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burns Eric | $525,000 | Friends Title Escrow Co | |
| Burns Eric | $525,000 | Friends Title Escrow Co | |
| Smallwood Jacob | $500,000 | Atlantic Title | |
| Smallwood Jacob | $500,000 | Atlantic Title | |
| Dauses Real Estate Inc | $63,334 | The Atllantic Title Group | |
| Venture Development Llc | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burns Eric | $257,250 | |
| Closed | Burns Eric | $257,250 | |
| Previous Owner | Smallwood Jacob | $350,000 | |
| Previous Owner | Dauses Real Estate Inc | $41,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $525,000 | +1.0% | $311 / Sq Ft |
| 08/29/2024 08/29/24 | For Sale | $520,000 | -- | $308 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,033 | $428,133 | $0 | $0 |
| 2024 | $3,718 | $394,667 | $0 | $0 |
| 2023 | $436 | $46,300 | $46,300 | $0 |
| 2022 | $436 | $46,300 | $46,300 | $0 |
| 2021 | $444 | $46,300 | $46,300 | $0 |
| 2020 | $444 | $46,300 | $46,300 | $0 |
| 2019 | $437 | $45,533 | $0 | $0 |
| 2018 | $96 | $10,000 | $10,000 | $0 |
| 2017 | $96 | $10,000 | $0 | $0 |
| 2016 | -- | $10,000 | $0 | $0 |
| 2015 | $144 | $10,000 | $0 | $0 |
| 2014 | $144 | $10,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Gerdes
-
Alex Archer
Seller Co-Listing Agent in 2024
Alex Archer
Real Broker, LLC - Annapolis
(410) 310-5989
1 in this area
9 Total Sales
-
Joshua Shapiro
Buyer's Agent in 2024
Joshua Shapiro
Douglas Realty, LLC
(410) 929-5256
1 in this area
273 Total Sales
Map
Source: Bright MLS
MLS Number: MDQA2010836
APN: 04-009428
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