Landlord's Agent in 2025
Erika Yowell
EXP Realty, LLC
(240) 434-2478
4 in this area
48 Total Sales
48221 Keel Dr Lexington Park, MD 20653
4
Beds
2.5
Baths
2,290
Sq Ft
$199
Price per Sq Ft
Highlights
- View of Trees or Woods
- Colonial Architecture
- 2 Car Attached Garage
- Open Floorplan
- Family Room Off Kitchen
- Eat-In Kitchen
About This Home
As of June 2025Welcome to Cedar Cove! This well-maintained property boasts an inviting open floor plan flooded with natural light, ideal for hosting gatherings and casual living. The main level features a generously sized kitchen with center island that opens to a spacious family room with gas fireplace; formal living and dining areas; half bath and convenient access to a two-car garage. Upstairs, discover four bright and airy bedrooms and ensuite bath in the primary bedroom, as well as an additional full bath servicing the secondary bedrooms. Step outside to relax in the private, fenced backyard, that also backs to a wooded area. Experience all that Southern MD has to offer with exclusive community perks including water access and a private, sandy beach on the world-renowned Chesapeake Bay, a playground and serene walking/jogging trails just steps from the backyard. Located less than 5 minutes from the 3rd Gate of NAS Pax River, this is one of the area's most desired communities!
***This home is professionally managed by Granson Property Management, LLC. Application fee is $65 per adult and is non-refundable. All adults 18 years of age or older MUST submit a separate application online. Minimum acceptable credit score is 700 (all applicants must meet this minimum). Gross Household Income should equal at least 3 times the monthly rent. Recent late payments, collections, bankruptcies, foreclosures, evictions and/or excessive debt will not be accepted. Income, Criminal Background and Landlord References will be verified. No Smokers, Please. No Pets Allowed In This Unit.***
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,460
Year Built
- Built in 2002
Lot Details
- 10,149 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Property is in very good condition
- Property is zoned RL
HOA Fees
- $20 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,290 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Fireplace Mantel
- Gas Fireplace
- Family Room Off Kitchen
- Dining Area
- Views of Woods
- Crawl Space
- Laundry on upper level
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Shed
Schools
- Great Mills High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Cedar Cove Subdivision
- Property Manager
Listing and Financial Details
- Residential Lease
- Security Deposit $2,750
- No Smoking Allowed
- 12-Month Min and 36-Month Max Lease Term
- Available 7/5/25
- $65 Application Fee
- $100 Repair Deductible
- Assessor Parcel Number 1908103380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2018
Closed on
Jan 7, 2019
Sold by
Lowe Joi N
Bought by
Rowe Trevor T
Seller's Agent
Tereasa Gaillard
EXP Realty, LLC
Buyer's Agent
Jenny Norris
EXP Realty, LLC
List Price
$269,900
Sold Price
$249,900
Premium/Discount to List
-$20,000
-7.41%
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
$206,021
Avg. Annual Appreciation
9.47%
Original Mortgage
$224,900
Interest Rate
4.8%
Mortgage Type
VA
Purchase Details
Closed on
Dec 14, 2010
Sold by
Formet Gary L and Formet Elisabeth
Bought by
Lowe Joi N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,430
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2005
Sold by
Burke Matthew M
Bought by
Formet Gary L and Formet Elisabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 29, 2004
Sold by
Burke Matthew M
Bought by
Formet Gary L and Formet Elisabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 10, 2002
Sold by
John Wayne Homes Inc
Bought by
Burke Matthew M
Purchase Details
Closed on
Mar 29, 2002
Sold by
Millison Laurence
Bought by
John Wayne Homes Inc
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 |
|---|---|---|---|
| Rowe Trevor T | $249,900 | Bay County Title & Escrow Ll | |
| Lowe Joi N | $260,000 | -- | |
| Formet Gary L | $302,500 | -- | |
| Formet Gary L | $302,500 | -- | |
| Burke Matthew M | $200,368 | -- | |
| John Wayne Homes Inc | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rowe Trevor T | $225,600 | |
| Closed | Rowe Trevor T | $223,790 | |
| Closed | Rowe Trevor T | $224,900 | |
| Previous Owner | Lowe Joi N | $269,430 | |
| Previous Owner | Formet Gary L | $242,000 | |
| Previous Owner | Formet Gary L | $242,000 | |
| Closed | John Wayne Homes Inc | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Rented | $2,750 | 0.0% | -- |
| 06/07/2025 06/07/25 | Under Contract | -- | -- | -- |
| 06/01/2025 06/01/25 | For Rent | $2,750 | 0.0% | -- |
| 04/15/2022 04/15/22 | Sold | $415,000 | -1.2% | $189 / Sq Ft |
| 03/06/2022 03/06/22 | Pending | -- | -- | -- |
| 03/06/2022 03/06/22 | Price Changed | $420,000 | +7.7% | $192 / Sq Ft |
| 03/03/2022 03/03/22 | For Sale | $389,900 | +56.0% | $178 / Sq Ft |
| 01/02/2019 01/02/19 | Sold | $249,900 | 0.0% | $114 / Sq Ft |
| 12/04/2018 12/04/18 | Pending | -- | -- | -- |
| 11/26/2018 11/26/18 | Price Changed | $249,900 | -3.8% | $114 / Sq Ft |
| 11/07/2018 11/07/18 | Price Changed | $259,900 | -3.7% | $119 / Sq Ft |
| 09/28/2018 09/28/18 | For Sale | $269,900 | +8.0% | $123 / Sq Ft |
| 09/28/2018 09/28/18 | Off Market | $249,900 | -- | -- |
| 08/01/2017 08/01/17 | Rented | $1,900 | +2.7% | -- |
| 06/26/2017 06/26/17 | Under Contract | -- | -- | -- |
| 05/02/2017 05/02/17 | For Rent | $1,850 | 0.0% | -- |
| 07/01/2015 07/01/15 | Rented | $1,850 | 0.0% | -- |
| 06/16/2015 06/16/15 | Under Contract | -- | -- | -- |
| 04/15/2015 04/15/15 | For Rent | $1,850 | -- | -- |
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 | $3,460 | $349,867 | $0 | $0 |
| 2024 | $3,460 | $317,733 | $0 | $0 |
| 2023 | $3,119 | $285,600 | $101,000 | $184,600 |
| 2022 | $3,059 | $280,100 | $0 | $0 |
| 2021 | $2,999 | $274,600 | $0 | $0 |
| 2020 | $2,939 | $269,100 | $96,000 | $173,100 |
| 2019 | $2,937 | $269,100 | $96,000 | $173,100 |
| 2018 | $2,935 | $269,100 | $96,000 | $173,100 |
| 2017 | $2,913 | $270,400 | $0 | $0 |
| 2016 | $3,200 | $264,000 | $0 | $0 |
| 2015 | $3,200 | $257,600 | $0 | $0 |
| 2014 | $3,200 | $251,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Yowell
-
Carol Strasfeld
Tenant's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
7 in this area
6,334 Total Sales
-
Jenny Norris
Seller's Agent in 2022
Jenny Norris
EXP Realty, LLC
(240) 561-0913
3 in this area
67 Total Sales
-
Sarah Buckley
Buyer's Agent in 2022
Sarah Buckley
Century 21 New Millennium
(410) 934-0041
1 in this area
38 Total Sales
-
Tereasa Gaillard
Seller's Agent in 2019
Tereasa Gaillard
EXP Realty, LLC
(301) 751-1718
1 in this area
56 Total Sales
-
V
Buyer's Agent in 2015
Vernon Scott
HomeSmart
Map
Source: Bright MLS
MLS Number: MDSM2025204
APN: 08-103380
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