NOT LISTED FOR SALE

Estimated Value: $365,000 - $449,000

2 Beds
2 Baths
1,400 Sq Ft
$550/mo HOA Fee

Last Sold January 23, 2020

Last sale price $307,500 $220 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,038/month

9 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Fitness Center
  • Parking available for a boat
  • Water Access
  • Penthouse

About This Home

As of January 2020

Gorgeous top-level waterfront unit with excellent views of Back Creek. Open floor plan with cathedral ceilings, loft, jacuzzi tub, fireplace, new stainless-steel appliances, granite counters, built-ins in master closet (behind mirror door), loft in master bedroom, refinished hardwood floors, new ceiling fans and light fixtures, freshly painted. Look off your balcony down to your private COVERED BOAT SLIP that conveys with this property! Fabulous community amenities and maintenance free living in quaint and charming Solomons.

Last Listed By

Joseph Smarowsky

Berkshire Hathaway HomeServices Homesale Realty License #681428 Listed on: 11/16/2019

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1992

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Exterior Cameras

Parking

  • Parking Lot
  • Parking available for a boat
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Balcony

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1135
  • Assessor Parcel Number 0501210149

Community Details

Overview

  • Association fees include exterior building maintenance, management, pool(s), recreation facility, trash, common area maintenance, security gate, lawn maintenance, sauna, health club
  • Solomons Landing Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Community Center
  • Party Room
  • 1 Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,609

Year Built

Built in 1992

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Contemporary, Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-11-16
  • Year Built: 1992
  • Remarks Public: Gorgeous top-level waterfront unit with excellent views of Back Creek. Open floor plan with cathedral ceilings, loft, jacuzzi tub, fireplace, new stainless-steel appliances, granite counters, built-ins in master closet (behind mirror door), loft in master bedroom, refinished hardwood floors, new ceiling fans and light fixtures, freshly painted. Look off your balcony down to your private COVERED BOAT SLIP that conveys with this property! Fabulous community amenities and maintenance free living in quaint and charming Solomons.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 224.93
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1135

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Boat Storage, Tennis Court(s), Street Lights
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Exterior Cameras, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 550.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Community Center, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Party Room, Picnic Area, Pier/Dock, Reserved/Assigned Parking, Swimming Pool, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Pool(s), Recreation Facility, Trash, Common Area Maintenance, Security Gate, Lawn Maintenance, Sauna, Health Club
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132900.00
  • Land Assessed Value: 76800.00
  • Land Use Code: 010
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14975170
  • Tax Annual Amount: 2609.00
  • Assessor Parcel Number: 0501210149
  • Tax Lot: 1135
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/23/2020

Multi Family

  • Mean Low Water Feet: 4

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 23, 2020
Sold by
Foundation Property Investments Llc
Bought by
Benedict Mark R
Seller's Agent
Joseph Smarowsky
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Michael Foster
RE/MAX Realty Group
List Price
$314,900
Sold Price
$307,500
Premium/Discount to List
-$7,400
-2.35%
Total Days on Market
9
Current Estimated Value
$396,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,023
Avg. Annual Appreciation
5.22%
Original Mortgage
$246,000
Outstanding Balance
$221,405
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$180,849

Purchase Details

Closed on
Sep 16, 2019
Sold by
Wells Fargo Bank National Association
Bought by
Foundation Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,320
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2019
Sold by
Crouch Niles M
Bought by
Wells Fargo Bank National Association and Option One Mortgage Loan Trust

Purchase Details

Closed on
Oct 1, 2002
Sold by
Lauver Robert H and Lauver Susan B
Bought by
Crouch Niles M

Purchase Details

Closed on
Aug 4, 1997
Sold by
Stanton Earl C
Bought by
Lauver Robert H and Lauver Susan B

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benedict Mark R $307,500 Buyers Title Inc
Foundation Property Investments Llc $156,000 Homeland Title
Wells Fargo Bank National Association $172,000 None Available
Crouch Niles M $200,000 --
Lauver Robert H $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedict Mark R $246,000
Previous Owner Foundation Property Investments Llc $166,320
Previous Owner Crouch Niles M $208,000
Closed Crouch Niles M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $307,500 -2.3% $220 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $314,900 +2.4% $225 / Sq Ft
11/16/2019 11/16/19 Off Market $307,500 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,347 $295,633 $0 $0
2023 $3,054 $281,800 $76,800 $205,000
2022 $2,787 $257,767 $0 $0
2021 $5,575 $233,733 $0 $0
2020 $2,334 $209,700 $76,800 $132,900
2019 $2,200 $209,700 $76,800 $132,900
2018 $2,200 $209,700 $76,800 $132,900
2017 $2,354 $209,700 $0 $0
2016 -- $209,700 $0 $0
2015 $2,319 $209,700 $0 $0
2014 $2,319 $209,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDCA173214

Bright MLS

APN: 01-210149