7 Olive Way Elkton, MD 21921
Estimated payment $2,450/month
Total Views
40,549
4
Beds
2.5
Baths
1,660
Sq Ft
$220
Price per Sq Ft
Highlights
- Open Floorplan
- Traditional Architecture
- Community Pool
- Clubhouse
- Great Room
- 2 Car Direct Access Garage
About This Home
There’s no place like home! Why wait for new construction when you can move right in to this 2023-built, 4-bedroom home in the highly sought after neighborhood of Ridgely Forest. The main level features a bright open floor plan with plank flooring throughout, perfect for entertaining and daily life. The kitchen boasts stainless steel appliances, a central island, and granite countertops. Upstairs, you’ll find four roomy bedrooms, including a primary suite with a private bathroom. An upstairs laundry room adds convenience. The unfinished basement is ready for your customization, perfect for additional living space, a home gym, or rec-room. Plus, a 2-car garage completes this package. Just in time for summer, you’ll be able to enjoy the many neighborhood amenities, including the community pool and splash pad, clubhouse, dog park, picnic area, and playground. Ridgely Forest is conveniently located close to Route 40, I-95, and the charming town of North East, where you can explore local restaurants, shopping, and marinas.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,878
Year Built
- Built in 2023
Lot Details
- 3,517 Sq Ft Lot
- Sprinkler System
- Back and Front Yard
- Property is in excellent condition
HOA Fees
- $44 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Semi-Detached or Twin Home
- Traditional Architecture
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Recessed Lighting
- Great Room
- Dining Room
- Carpet
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Bathtub with Shower
Laundry
- Laundry on upper level
- Electric Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Basement Windows
Outdoor Features
- Patio
- Exterior Lighting
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 5101
- Assessor Parcel Number 0805139825
- $325 Front Foot Fee per year
Community Details
Overview
- Association fees include common area maintenance, management
- $27 Other Monthly Fees
- Built by Ryan Homes
- Ridgely Forest Subdivision, Ivy Floorplan
- Property Manager
Amenities
- Picnic Area
- Common Area
- Clubhouse
Recreation
- Community Playground
- Community Pool
- Pool Membership Available
- Dog Park
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,789 | $306,000 | $0 | $0 |
| 2023 | $618 | $39,000 | $39,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | For Sale | $365,000 | -- | $220 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $345,660 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $339,398 | FHA |
Source: Public Records
Similar Homes in Elkton, MD
Source: Bright MLS
MLS Number: MDCC2016672
APN: 05-139825
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