Michaels Way Building 2-A, East New Market, MD, 21631
About This Home
55+ Condominium Living in Historic East New Market Welcome to affordable, low-maintenance living in the heart of historic East New Market. This quiet 55-and-older condominium community offers thoughtfully designed residences perfect for those looking to downsize without sacrificing comfort or quality. Each building features five well-appointed units with spacious layouts, including large kitchen areas and beautifully tiled showers. All units include two full bathrooms, with handicap-accessible showers designed for ease, safety, and long-term comfort. Quality construction and practical design make everyday living both convenient and enjoyable. One building is fully completed with residents currently living in the community, while the second building is under construction. Three one-bedroom units are available now for immediate move-in. Residents enjoy a peaceful setting with a nearby park, ideal for easy walks and outdoor relaxation. Best of all, there is no yard maintenance, allowing you to focus on enjoying life instead of upkeep. Weekend open houses will be held regularly. This is an excellent opportunity for those seeking very affordable 55+ living in a charming small-town setting. The first of five new two bedroom is ready for move in. Schedule an appointment today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- New construction: Yes
- Year built: 2025
Materials
- Construction materials: Vinyl Siding,Stick Built,Blown-In Insulation
Other
- Builder name: Koski Building and Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Cooktop,Dishwasher,Dryer,Energy Efficient Appliances,Ice Maker,Refrigerator,Stainless Steel Appliance(s),Washer,Tankless Water Heater
- Laundry features: Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Window features: Energy Efficient
- Flooring: Luxury Vinyl
- Finished area above ground: 960
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Accessibility
- Accessibility features: Roll-in Shower
Details
- Parcel number: NO TAX RECORD
- Zoning: RESIDENTIAL
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Patio
Lot
- Lot size: 0.02 sqft
Parking
- Parking features: Parking Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Cold Wave
- Drought
- Heat Wave
- Lightning
- Strong Wind
- Wildfire
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,061 | $12,732 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $147 | $1,764 |
| Electricity | $281 | $3,374 |
| Total | $1,590 | $19,080 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-14 | Listed for sale | $210,000 |
View on Zillow