Odenton’s Maple Ridge: Homes Sales Down 24 Percent, Prices Stable

Odenton homes for sale

25 of the 29 Maple Ridge Homes Sold in 2015 Were Duplexes

The number of homes sold in the Odenton, Maryland, subdivision of Maple Ridge fell 24 percent in 2015, while the median sale price of homes in the community remained at $225,000.

Sales data released by Real Estate Business Intelligence (RBI) show that the number of attached units sold in Maple Ridge dropped 17 percent, from 30 homes in 2014 to 25 homes in 2015. The amount of time needed to sell Maple Ridge homes in 2015 increased 8 percent from the year before, from 60 days to 65 days, on average.

Only four detached, single family homes sold in Maple Ridge in 2015. Five such homes sold during the previous year.

Maple Ridge is one of the older, more affordable communities in Odenton, which is adjacent to the vast Fort Meade military complex. Maple Ridge is located just east of Kings Heights, bordered by Odenton Road on the north and by Waugh Chapel Road on the south.

Maple Ridge is comprised mainly of colonial, split-foyer and rancher/rambler style homes. Most homes in the community were built between the early 1960s and the early 1970s.

According to RBI, 10 of the 29 Maple Ridge homes sold in 2015 were three-bedroom units. The remaining homes sold were four bedroom units.

Seven of the 29 Maple Ridge homes sold last year were bank-owned properties that had been through the foreclosure process. The rest were standard sales.

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418.

Just Listed: Home for Rent in Severn ($2,200)

Homes for rent in Severn

8111 Beverly Road, Listed for $2,200 Per Month, Offers Five Bedrooms, Two Bathrooms and a Quiet Location

This two-story, five-bedroom, two-bathroom colonial (MLS# AA9584851) is located at 8111 Beverly Road in Severn, Maryland. It offers easy access to Md. Rt. 32, Md. Rt. 100, Annapolis, Baltimore and Arundel Mills Mall.

Renting for $2,200 per month, the home has recently been repainted inside. It offers an updated kitchen and a deep backyard, with two large sheds for storage. The home sits in a private location at the end of a cul de sac, just steps away from a five-star elementary school.

Pets are being considered by the landlord on a case-by-case basis, and the tenant will have 24/7 access to a professional property management company.

For more information on the home or to schedule a private showing, contact me, Jerry Kline, Keller Williams Flagship of Maryland, at 443-924-7418 today!

Jerry Kline: Keller Williams Odenton Agent of the Month for February

Jerry Kline Odenton Realtor

Many thanks to my buyer clients who closed their real estate transactions last month. I very much appreciate the trust you put in me to get your goals accomplished. It was great working with you! Thanks, also, to all the helpful agents at Keller Williams Flagship!

Do you or someone you know need help buying or selling a home in the Odenton or Fort Meade areas? Call me (443) 924-7418 today. I'd be glad to help!

Odenton’s 10 Most Unwanted Homes

Home for sale in Odenton

Buyers Aren’t Feeling the Love for These Long-Term Market Dwellers Near Fort Meade

Is it their price? Or their condition?

Or is it both?

Homes that linger on the for-sale market for extended periods do so because they don’t appeal to buyers. Usually, it’s because such homes don’t offer good value for money.

Real estate professionals know that any house will sell – even a dilapidated ruin next to a toxic waste dump. The question always comes down to price.

In Odenton – like any residential real estate market – some homes take longer to sell than others. In extreme cases, where price and condition combine to alienate buyers, homes can remain on the market for six months, nine months, or even a year or more.

Below is a list of 10 Odenton homes that have been on the market the longest – in this case, considerably longer than six months. It’s worth noting that the type and location of these properties varies widely, as do the potential reasons buyers might be avoiding them.

1421 Odenton Road

Homes for sale in Odenton

Days on the Market: 739

List Price: $270,000

Community: West Odenton

Home Type: Detached Split Foyer

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 4/2

MLS No.: AA8257995

8612 Wintergreen Court, #405

Home for sale in Odenton

Days on the Market: 340

List Price: $279,900

Community: Piney Orchard

Home Type: 55+ Condominium

Sale Type: Standard

No. of Bedrooms/Bathrooms: 2/2

MLS No.: AA8680602

1113 Patuxent Road

Homes for sale in Odenton

Days on the Market: 295

List Price: $149,000

Community: Odenton

Home Type: Detached Rambler

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 2/1

MLS No.: AA8628627

1005 Samantha Lane, #4-301

Homes for sale in Odenton

Days on the Market: 290

List Price: $225,200

Community: Eden Brook

Home Type: 55+ Condominium

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 2/2

MLS No.: AA9518029

1340 Tenbrook Road

Homes for sale in Odenton

Days on the Market: 258

List Price: $169,900

Community: Maple Ridge

Home Type: Split Foyer Duplex

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 4/1.5

MLS No.: AA9538400

2002 Watch Point Court

Homes for sale in Odenton

Days on the Market: 253

List Price: $212,000

Community: Seven Oaks

Home Type: Colonial Townhouse

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 3/2

MLS No.: AA8279463

8612 Fluttering Leaf Trail, #408

Homes for sale in Odenton

Days on the Market: 248

List Price: $219,900

Community: Piney Orchard

Home Type: 55+ Condominium

Sale Type: Standard

No. of Bedrooms/Bathrooms: 2/2

MLS No.: AA8674943

2610 Lotuswood Court

Homes for sale in Odenton

Days on the Market: 248

List Price: $335,000

Community: Piney Orchard

Home Type: Colonial Townhouse

Sale Type: Potential Short Sale

No. of Bedrooms/Bathrooms: 3/2.5

MLS No.: AA8751704

2622 Dragonfly Way

Homes for sale in Odenton

Days on the Market: 244

List Price: $495,884

Community: The Villas at Two Rivers

Home Type: 55+ Colonial Townhouse

Sale Type: Standard

No. of Bedrooms/Bathrooms: 3/2.5

MLS No.: AA8678954

1427 Jackson Road

Homes for sale in Odenton

Days on the Market: 242

List Price: $269,900

Community: Evergreen Estates

Home Type: Detached Split Foyer

Sale Type: Standard

No. of Bedrooms/Bathrooms: 2/2

MLS No.: AA8662520

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418.

Odenton’s Chapel Grove Neighborhood: 2015 Home Sales Steady, Prices Mixed

Homes for sale in Chapel Grove

Townhome Prices Dropped 4.5 Percent Last Year; Single Family Home Prices Rose 1.5 Percent

Year-end home-sales figures for Odenton, Maryland’s, Chapel Grove neighborhood show home sales remained steady in the community in 2015, but townhome prices significantly lagged those of single-family homes, compared to the previous year.

Statistics supplied by Real Estate Business Intelligence (RBI) show that 14 homes sold in Chapel Grove in 2015 – six single-family detached homes and eight townhomes. Average sale prices for detached homes rose 1.5 percent (to $634,638) from 2014, while average sale prices for Chapel Grove townhomes dropped 4.5 percent (to $365,125).

Chapel Grove Home Sales 2012-2015

2015

2014

2013

2012

No. of Homes Sold

14

12

19

12

No. Detached Homes Sold

6

3

10

4

No. Attached Homes Sold

8

9

9

8

Average Price of Detached Homes

$634,638

$624,667

$631,700

$623,750

Average Price of Attached Homes

$365,125

$382,444

$374,308

$362,063

Average No. of Days on Market

83

95

67

101

The sale of townhomes has been remarkably consistent in Chapel Grove over the last four years, with either eight or nine such homes sold in each year from 2012 to 2015. Over the same period, sales of single family homes has varied from a low of three homes in 2014 to a high of 10 homes in 2013.

The average number of “days on market” for Chapel Grove homes sold last year fell from 2014, from 95 days to 83 days. Of the last four years, homes sales were strongest in Chapel Grove in 2013, when 19 homes sold with an average days-on-market of 67 days.

Chapel Grove is comprised of 252 luxury single family homes and 159 townhomes built by Winchester Homes between 2002 and 2009. The homes are located near Fort Meade, Maryland, and are situated on well-planned sites that are surrounded by preserved woodlands and open space for recreation.

For more information on the Fort Meade and Annapolis, Maryland, real estate markets, contact Jerry Kline at (443) 924-7418.

Just Listed for Sale One Mile from Fort Meade, Maryland!

Homes for sale near Fort Meade Maryland

1829 Quebec St., Severn, Maryland, 21144 (MLS #AA9574412 -- $272,500)

This spacious, well-maintained rancher is located on a quiet street, one mile from Fort Meade, Maryland. The house boasts four bedrooms with new carpet and paint, an extra-large living room, a separate dining room and a cozy family room with a woodstove for those chilly nights. List price: $272,500.

Outside, there’s a fenced backyard with a concrete patio for picnics and a large storage shed for lawn tools and equipment. Rounding out the home is a one-car garage with built-in shelving and a workbench.

This home is just waiting for your decorator touches. Call me today (443-924-7418) for a private tour!

Home Sales in Odenton’s Seven Oaks Community Up 14 Percent in 2015

Seven Oaks homes for sale

The number of homes sold in Odenton’s Seven Oaks community jumped 14 percent in 2015, increasing to 117 homes from 103 homes sold in 2014.

The median price for Seven Oaks homes remained flat in 2015 at $270,000.

Attached units – including townhomes, duplexes and condominiums – led the increase in sales, rising from 87 homes in 2014 to 103 homes last year. The sale of detached, single-family homes dropped slightly to 14 homes in 2015 from 16 homes the previous year.

Another slightly negative trend for Seven Oaks homes was that they sold more slowly last year, on average, than the year before. The average Seven Oaks home sold in 58 days in 2014; in 2015, the average “days on market” was 62 days.

Located directly across MD Route 175 from the huge military complex at Fort Meade, Maryland, it’s not surprising that the Seven Oaks community remains extremely popular with retired and active-duty military personnel. According to the sales data, supplied by Real Estate Business Intelligence (RBI), 34 Seven Oaks homes were purchased in 2015 by buyers using VA financing.

Forty-two Seven Oaks homebuyers used FHA financing, 32 buyers used conventional financing and 7 buyers paid cash for their properties in 2015.

Seven Oaks homes for sale

Of the 117 homes sold in Seven Oaks in 2015:

- 1 was a two-bedroom home;

- 72 were three-bedroom homes;

- 34 were four-bedroom homes; and

- 10 were condominiums.

The increase in home sales in Seven Oaks in 2015 defies last year’s trend in Piney Orchard, another large residential community in the Odenton-Fort Meade area. The number of homes sold in Piney Orchard in 2015 was down 11 percent (http://jerryklinerealtor.com/piney-orchard-home-sales-dropped-11-percent-in-2015/).

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418.

Piney Orchard Home Sales Dropped 11 Percent in 2015

Homes for Sale in Piney Orchard

The number of homes sold in the popular Fort Meade-area community of Piney Orchard dropped 11 percent in 2015, according to year-over-year sales data compiled by Real Estate Business Intelligence (RBI).

The number of Piney Orchard “attached” homes – townhouses, duplexes and condominiums – dropped 10 percent (from 225 homes to 202 homes) from 2014. Five detached, single family homes sold in Piney Orchard in 2015 versus seven such homes sold in 2014.

Piney Orchard, located in Odenton, Maryland, is the largest planned residential community

https://www.levitradosageus24.com/online-levitra-now-get/

in Anne Arundel County. With more than 4,000 homes consisting of apartments, condominiums, townhomes, single-family homes and 55+ residences, the community is highly sought after by people working in the Fort Meade, Baltimore, Annapolis and Washington, D.C., areas.

Piney Orchard homes for sale

Median sale prices for homes sold in Piney Orchard in 2015 rose 1.87 percent over 2014. The average price of an attached Piney Orchard home was $297,205 in 2015. The average price of a detached home jumped 19 percent in 2015 to $442,670; however, that increase was based on only five home sales.

One positive sign for Piney Orchard homeowners is that homes in the community sold much quicker in 2015 than the year before. According to the RBI data, the average “days on market” for a home sold in Piney Orchard dropped 12 percent in 2015, from 66 days to 58 days, from 2014.

Of course, as always, homes that are priced at market value sell much faster than those priced above market value.

Of the 202 Piney Orchard homes sold last year, 111 were sold to buyers who used conventional financing, 46 were sold to buyers using VA financing, 25 were sold to buyers using FHA financing and 16 were sold to buyers paying cash.

Of the 202 Piney Orchard homes sold last year:

- 7 were two-bedroom properties;

- 99 were three-bedroom properties; and

- 23 properties had four or more bedrooms.

Seventy-eight Piney Orchard condos sold in 2015, for an average price of $231,804.

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418.

Freezing? Think Summer with an Ocean City Luxury Condo!

Ocean City Luxury Properties for sale

The Elegant Gateway Grand Community on 48th Street has Four Fantastic Units for Sale

Ugh. Winter. With high temperatures below 20 degrees Fahrenheit this weekend, many of us in central Maryland are longing for summer. And beach weather.

For those of us in the Fort Meade and Annapolis areas, “beach” typically means Ocean City, Maryland. If you’re stuck here in the freezing winter doldrums, it’s a great time to think about buying a second home – a vacation or investment property at the beach.

You, your family and friends no doubt would revel in the convenience and excitement of having your very own beach home -- just two-and-a-half hours away. And for investors, there are tremendous financial benefits to owning rental property in such a popular vacation destination.

The Gateway Grand

Ocean City Luxury Properties

When it comes to vacation homes in Ocean City, Maryland, no property is more luxurious or elegant than The Gateway Grand. Located at Two 48th Street, this newly built high-rise condo community offers an exceptional lifestyle of sophisticated oceanfront fun.

At The Gateway Grand you’ll find a full list of top-of-the-line features, from soaring ceilings to gourmet kitchens to marble baths. All are designed to give you the most luxurious vantage point among all Ocean City oceanfront residences. The distinctive 3- and 4-bedroom homes offer 3 or 4 bathrooms, generously sized, open floorplans and private balconies or patios.

The Gateway Grand lobby

The hotel-style lobby is a magnificent space, with soaring ceilings and spectacular ocean views. It features:

- The Gateway Club Lounge, with full bar and flat-panel televisions;

- An exclusive owners’ lounge;

- Plenty of inviting seating areas for socializing and entertaining; and

- A private terrace for residents that overlooks the ocean.

The Gateway Grand outdoor terrace.

Also included in the community’s deluxe accommodations are:

- 250 feet of pristine beachfront;

- Individual indoor storage areas for beach chairs, umbrellas and other gear;

- Sparkling indoor and outdoor pools; and

- A resort-style fitness center overlooking the Atlantic Ocean and indoor pool.

The Gateway Grand indoor pool

Four Impeccable Units Are Currently for Sale

The dream of owning a deluxe beach-front retreat is tempting. The good news is that The Gateway Grand has four resale units currently available. They are:

Unit 309

Luxury homes in Ocean City

Bedrooms: 3

Bathrooms: 3

Price: $799,900

Details: This oceanfront resale unit is a desirable low-floor, direct oceanfront residence. It is designer decorated and sold fully furnished. It includes stainless steel Kitchen Aid appliances, granite countertops, tile flooring throughout, and an all-marble master bathroom. The size is 1,650 sq. ft.

Unit 401

Luxury homes in Ocean City

Bedrooms: 4

Bathrooms: 3

Price: $929,900

Details: This home is huge -- 2,250 sq. ft. -- and priced to sell. A rare four-bedroom opportunity, the home includes ocean and bay views, with two balconies (every bedroom has access to a balcony). It is beautifully furnished and has a great rental history.

Unit 403

Luxury homes in Ocean City

Bedrooms: 3

Bathrooms: 3

Price: $685,000

Details: This 1,790 sq. ft. resale unit is a meticulously maintained, south-side, three-bedroom condo with great views. The living room and dining room are spread wide across the front of the unit for a living space that's loaded with windows and direct access to the balcony. Each of the three bedrooms has its own full bath. Granite countertops are installed in the kitchen, with Kitchen Aid appliances. Also featured is an all-marble master bathroom with a walk-in shower and a soaking tub.

Unit 1108

Luxury homes in Ocean City

Bedrooms: 3

Bathrooms: 3

Price: $789,900

Details: This is a beautiful, direct-oceanfront unit with the very popular ''F'' style floorplan. Impeccably furnished, with granite countertops, a wine cooler, marble master bath, and much more. The home measures 1790 sq. ft.

Is this the year you pursue a dream vacation or investment home in Ocean City, Maryland? The Gateway Grand (http://thegatewaygrand.com/) is the runaway leader in luxury in Ocean City. Give me a call today and let’s discuss how I can help!

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418.

Rented in the Piney Orchard Section of Odenton!

Homes for rent in Piney Orchard

Congratulations, Sasha, on your new rental home in the Piney Orchard section of Odenton!

Sasha needed a quick-move-in home close to Fort Meade, Maryland, and we were able to find her a large, renovated townhouse virtually right away. And the school district is great for her son! Thanks, Sasha, for engaging me as your tenant's agent.

If you or someone you know is looking to buy, sell or rent a home in the greater Fort Meade area, give me a call at 443-924-7418. I'm glad to help you any way I can!