An Update on Real Estate Sales Activity in Piney Orchard’s Piney Station Neighborhood

With the first quarter of 2015 nearly complete, let’s take a quick look at the recent real estate sales activity in the Piney Station neighborhood of Piney Orchard. Piney Orchard is one of the most popular residential communities in Odenton, Maryland, with tremendous amenities and quick access to the Fort Meade, Maryland, military installation.

 

Statistics from the MLS show that two homes in Piney Station have sold so far in 2015:

 

1. 1020 Meandering Way, Odenton, Maryland, 21113

Piney Orchard Home Sales

This townhome located at 1020 Meandering Way in the Piney Orchard section of Odenton, Maryland, sold on January 29, 2015, for $310,200. This home was a foreclosed property sold by the bank that repossessed it.

List Price: $310,000

Close Price: $310,200

Seller Help Provided to Buyer: $0

Close Date: Jan. 29, 2015

Days on Market: 105

Notes: This home was a foreclosed property sold by the bank that repossessed it. The home was sold in “as-is” condition. The property has 3 bedrooms, 2.5 bathrooms, a 1-car garage, and it is an interior (not end) unit. Other features include a brick front exterior, eat-in kitchen, deck, gas fireplace, and rear yard backing to a common area with a nice view.

 

2. 2480 Ivy Landing Way, Odenton, Maryland, 21113

Piney Orchard Home Sales

2480 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland, recently sold for $350,000.

List Price: $354,900

Close Price: $350,000

Seller Help Provided to Buyer: $1,000

Close Date: Jan. 11, 2015

Days on Market: 43

Notes: This transaction was a standard sale, not a short sale or foreclosure. The home is an end unit with a fully finished walk-out basement. The home includes bump-outs on two levels, 3 bedrooms and 3.5 baths. Also included are hardwood floors, crown moulding, and an updated kitchen with granite counters and stainless steel appliances. The family room has a cathedral ceiling, and there is a gas fireplace and full bath in the basement. The sellers also provided a home warranty to the buyers.

 

Meanwhile, four Piney Station homes currently are listed for sale on the MLS, and one of those homes is under contract.

 

1. 2570 Junco Court, Odenton, Maryland 21113

Piney Orchard Homes for Sale

This three-level townhome at 2570 Junco Court, Odenton, is listed for $374,500. The property is under contract, with an expected settlement date in April 2015.

List Price: $374,500

List Date: Aug. 4, 2014

Days on Market: 214

Bedrooms: 3

Bathrooms: 2.5

Notes: This home differs from the other three homes currently for sale in Piney Station in that this home has a one-car garage and three levels above grade. The home includes an open living room with dining area, a kitchen with an island and a breakfast area, and a fireplace on the main level. The master bedroom includes a walk-in closet and a private bath. The walkout level rec room includes a powder room and laundry closet. The homes also boasts new paint and carpet.

 

2. 2519 Black Oak Way, Odenton, Maryland, 21113

Piney Orchard Homes for Sale

This home at 2519 Black Oak Way, in the Piney Station neighborhood of Piney Orchard, Odenton, is one of three Piney Station homes currently for sale on the same street – and offered at nearly the same price.

List Price: $320,000

List Date: Jan. 20, 2015

Days on Market: 65

Bedrooms: 3

Bathrooms: 3.5

Notes: The first of three Piney Station homes currently for sale on the same street – and offered at nearly the same price — this home backs to woods. It has a large deck, a lower-level brick patio and a three-level bump-out. It also features two large bedrooms upstairs, each with its own full bath. The finished basement can be used as a third bedroom and rec room. The kitchen area has a large bump-out to act as separate dining area, office or sitting room.

 

3. 2507 Black Oak Way, Odenton, Maryland, 21113

Piney Orchard Homes for Sale

This home at 2507 Black Oak Way in the Piney Station neighborhood of Piney Orchard, Odenton, is listed for $319,000, and has been on the market 139 days.

List Price: $ 319,000

List Date: Nov. 3, 2014

Days on Market: 139

Bedrooms: 3

Bathrooms: 3.5

Notes: This home features a finished, walk-out basement with a bump-out and a full bath. There’s also a bump-out sun room on the main level. The home backs to trees.

 

4. 2509 Black Oak Way, Odenton, Maryland 21113

Piney Orchard Homes for Sale

2509 Black Oak Way, in the Piney Station neighborhood of Piney Orchard, Odenton, is currently listed for sale at $319,900.

List Price: $319,900

List Date: March 6, 2015

Days on Market: 20

Bedrooms: 3

Bathrooms: 2.5

Notes: This home has a fully finished basement and a two-story bump out. The main level has hardwood floors in the living room and foyer. The upgraded kitchen features newer appliances, recently installed granite, a back splash and a tile floor. There is new carpet on the stairs and on the upper level. The lower level has an open family room. On the exterior, the home has a large deck overlooking a private wooded yard.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

 

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Sold in Odenton Maryland’s Lions Gate Neighborhood!

542 Greencrest Lane in Odenton Maryland

542 Greencrest Lane, located in the Lions Gate community of Odenton, Maryland, was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. The home sold in four days for $11,000 more than the asking price.

542 Greencrest Lane, located in the Lions Gate community of Odenton, Maryland, was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. The home sold in four days for $11,000 more than the asking price.

Congratulations to my seller clients, Jo Ann & Robert King, on the sale of their townhome in Odenton’s Lions Gate community, located five minutes south of Fort Meade, Maryland. The home, featuring three finished levels, a two-level deck and a quiet location in the back of the neighborhood, sold in four days for $11,000 more than the asking price. There were multiple bids submitted by interested parties.

Sold as a fixer-upper, the new owners will be replacing the carpet and appliances and repainting much of the interior. The home includes three good-sized bedrooms, two-and-a-half baths, a fenced yard and a stone patio.

Thanks for all your help and patience through the home sale process, Robert and Jo Ann!

If you or someone you know needs help buying or selling a home in the greater Annapolis/Baltimore/Washington, D.C. area, call Jerry Kline, realtor with Keller Williams Flagship of Maryland today! (443) 924-7418

A Look at New-Construction Townhomes in the Fort Meade, Maryland, Area

Nearly a Dozen New Townhome Communities Are Being Built Within Five Minutes of This Key Federal Intelligence Hub

Lennar's new Boyer's Ridge community, located less than five minutes from Fort Meade, Maryland, is one of nearly a dozen new-townhome communities in that quickly growing area.

Lennar’s new Boyer’s Ridge community, located less than five minutes from Fort Meade, Maryland, is one of nearly a dozen new-townhome communities in that quickly growing area.

Home buyers searching for new homes in the greater Fort Meade, Maryland, area have a wide array of properties to choose from at the moment. In terms of townhomes in the areas of Odenton, Severn and Hanover, there are nearly a dozen new-home construction communities underway, with several of the big national home builders fighting for market share.

In Severn, just east of Fort Meade and adjacent to the installation’s Rockenbach gate, there are four major new construction townhome communities being built. All are less than a five-minute drive from Fort Meade. They are:

Community Built by Price Range
Millstone Village D.R. Horton $302K – $404K
Boyer’s Ridge Lennar $308K – $404K
Jacob’s Forest M/I Homes $289K – $319K
Jacob’s Forest Beazer $292K – $334K
Arundel Forest Toll Brothers $435K – $500K

 

In Hanover, just north of Fort Meade, there’s also lots of new construction activity. The building boom there is being fueled by continued job growth at the Fort Meade installation as well as by the recently opened Maryland Live Casino at Hanover’s Arundel Mills Mall. The Hanover new-construction townhome communities include:

Community Built by Price Range
Park Side Ryan Homes $327K – $402K
Park Side NV Homes $399K – $422K
Oxford Square Lennar $400K – $461K
Enclave at Arundel Preserve Toll Brothers $417K – $447K

 

Several other new townhome communities also are being built around Fort Meade. Adjacent to Fort Meade to the south is Odenton, a very popular location for military and civilian employees working at the base. The Town Center Commons community, being built by Ryan Homes, is less than a mile from the base and sits on Maryland’s MARC commuter rail line. The Odenton MARC Station provides direct access to the Penn Line, a heavily used commuter line for workers and students travelling to Baltimore and Washington, D.C., each day. The MARC system connects directly to AMTRAK, providing easy train access to the entire northeastern U.S. corridor.

Finally, in Elkridge, Maryland, a few miles northwest of Fort Meade, Ryan Homes is building its Howard Square luxury townhome community. The community is located near the intersections of Interstate 95 (with direct access to Baltimore and Washington), Rt. 1 and Rt. 175. New townhomes in that community range from $309K to $393K.

Given the wide variety of new townhome choices in the greater Fort Meade, Maryland, area, home buyers are best served by a realtor familiar with these specific projects. Jerry Kline of Keller Williams Flagship of Maryland, based in Odenton, has helped many buyers compare and contrast these communities, builders, home models and amenities. Contact him today for more help choosing just the right home near Fort Meade.

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

 

A Closer Look at Recent Home Sales in Odenton’s Piney Station Neighborhood

Piney Station is one of many smaller neighborhoods that comprise the large and popular Piney Orchard community in Odenton, Maryland.

Piney Station is one of many smaller neighborhoods that comprise the large and popular Piney Orchard community in Odenton, Maryland.

Piney Station is one of many smaller neighborhoods comprising the large and popular Piney Orchard section of Odenton, Maryland. The charming group of 200+ townhomes that makes up Piney Station is directly adjacent to the well-used and multifaceted GORC Park.

I recently took an in-depth look at the real estate microclimate of Piney Station townhomes without garages. Overall, 2014 was a worse year for these Piney Station home sellers than 2013.

Based on MLS data for these homes sold over the past two years, here’s what I found:
– 8 Piney Station townhomes without garages sold in 2013;
– 7 such homes sold in Piney Station in 2014;
– In 2014, the average sale price of these homes was $328,285;
– In 2013, the average sale price of these homes was $329,875;
– The average amount of closing assistance provided by the sellers of these homes to their buyers in 2014 was $7,024 (2.13%);
– The average amount of closing assistance provided by the sellers of these homes to their buyers in 2013 was $5,964 (1.8%);
– The average “closing price minus seller help” amount netted by sellers in 2014 was $321,261;
– The average “closing price minus seller help” amount netted by sellers in 2013 was $323,911;
– The average number of days these sold homes stayed on the market in 2014 was 65 days; and
– The average number of days these sold homes stayed on the market in 2013 was 29 days.

As 2015 began, 2507 Black Oak Way and 2480 Ivy Landing Way were the only Piney Station homes for sale without garages.

For more information on the Piney Orchard community and other homes in the greater Odenton and Fort Meade areas, contact Jerry Kline, Realtor, Keller Williams Flagship of Maryland, at (443) 924-7418.

 

 

Congratulations Sharon George on the Sale of Your Piney Orchard Condo!

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, celebrates with Sharon George, following the sale of her mother's condo in the Piney Orchard section of Odenton, Md.

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, celebrates with Sharon George, following the sale of her mother’s condo in the Piney Orchard section of Odenton, Md.

Sharon George needed help selling her mother’s condo in the Piney Orchard section of Odenton, Md. The ground floor unit in Chestnut Gable was bright, airy and completely renovated. Staged beautifully, priced right and effectively marketed, the home sold very quickly. Thanks, Sharon, for all your good humor and teamwork!

Do you know someone thinking of buying or selling a home in the greater central Maryland area? Have them give me a call on my direct line (443) 924-7418. I’d be glad to help them any way I can!

Jerry Kline Named Keller Williams Odenton Agent of the Month for November

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, receives the Odenton Agent of the Month Award for November 2014 from Keller Williams Associate Broker Robert Wakefield.

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, receives the Odenton Agent of the Month Award for November 2014 from Keller Williams Associate Broker Robert Wakefield.

Many thanks to my buyer and seller clients who closed their real estate transactions in November — among them Randy Barth, Mike & Melissa Fletcher, and David & Isabella White. All of you could have chosen any real estate agent out there, and I very much appreciate the trust you put in me to get your goals accomplished. Thanks, also, to all of the agents in the Keller Williams Odenton office. You’re all great friends and you’re always there when I need help!

November Housing Stats for Gambrills: Sales Steady, Prices Down

Gambrills 2

Year-over-year housing figures for Gambrills, Md., show that the number of homes sold in the area last month remained on par with the number of homes sold in November 2013. However, the median price of those homes dropped 18 percent from last year.

Moreover, the homes sold in Gambrills last month stayed on the market much longer than the year before.

According to data prepared by RealEstate Business Intelligence, the average price of detached single family homes sold in Gambrills in November dropped 16 percent from last year. The average price of attached homes, which include townhomes, condominiums and duplexes, dipped 29 percent.

The number of homes actively for sale in Gambrills in November (67) was roughly the same as the prior year (62). However, homes sold last month took 58 percent longer to sell than last year. The average “Days on Market” was 106 days in November 2014, up from 67 days in November 2013.

Overall, 14 homes sold in Gambrills in November 2014, compared to 13 over the same period last year. Ten of the homes sold last month were detached properties and four were attached homes.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418 or JerryKline@kw.com, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).