$370,000
PENDING

47 Olive Way Elkton, MD 21921

Estimated payment $2,398/month

Total Views 9,097
4 Beds
2.5 Baths
1,660 Sq Ft
$223 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Community Pool
  • Living Room
  • Corner Lot
  • 2 Car Attached Garage
  • Open Space

About This Home

Ridgely Forest, Great Location! Just minutes to downtown North East, shopping, restaurants, waterfront community park. This 4 bedroom, 2.5 bath colonial style twin is better than new. Features and upgrades include kitchen counter tops, flooring, appliances, second floor laundry, fenced rear yard. Two car garage and unfinished basement with lots of possibilities. This property sits next to community open space, provides good views and room to play. Community center with swimming pool, childs play area is perfect for weekend fun. Call for details or to schedule your private tour!

Listing Agent

Danielle Ward

(443) 350-7112 danielle.ward@psre.com Patterson-Schwartz-Newark Listed on: 09/25/2025

Patterson-Schwartz-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 2023

Lot Details

  • 3,485 Sq Ft Lot
  • Open Space
  • Backs To Open Common Area
  • Back Yard
  • Property is in excellent condition

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Basement
  • Connecting Stairway

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0805139809

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Ridgely Forest Homeowners Association
  • Ridgely Forest Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,878

Year Built

Built in 2023

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Inclusions: Refrigerator, dishwasher, washer and dryer, blinds
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2290
  • Living Area Sq Ft: 1660
  • Price Per Sq Ft: 222.89
  • Above Grade Finished Sq Ft: 1660
  • Below Grade Sq Ft: 630
  • Total Below Grade Sq Ft: 630
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 44.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA Name: RIDGELY FOREST HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Adjoins - Open Space, Backs - Open Common Area, Corner, Rear Yard
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Excellent
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4878.00
  • Assessor Parcel Number: 0805139809
  • Tax Year: 2025

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,360 $320,800 $0 $0
2024 $5,139 $306,000 $0 $0
2023 $618 $39,000 $39,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 Pending -- -- --
09/25/2025 09/25/25 For Sale $370,000 -- $223 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $327,475 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,303 No Value Available
Closed $330,303 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDCC2019158

Bright MLS

APN: 05-139809

Maryland Cecil County Elkton 21921

47 Olive Way, Elkton, MD

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Danielle Ward
Listing Agent
Danielle Ward
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Patterson-Schwartz-Newark
(410) 567-0962