$146,050
SOLD JAN 6, 2016

1351 Schooner Loop Solomons, MD 20688

3 Beds
2 Baths
-- Sq Ft
$470/mo HOA Fee

Recently Sold

30% Below List Price

100 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Great Room
  • Traditional Floor Plan
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of August 2023

NEW PRICE A RARE FIND IN SOLOMONS LANDING! Fantastic price on this fantastic 3BR, 2 Full BA Sunny & Bright main flr unit that offers a spacious eat in KIT w/Loads of Cabinet space & Granite counters, huge Living Rm w/Gas FP offers a great flow for entertaining. HDWD Flooring. Priv Deck. Case Number #241-825076. "HUD Homes are sold AS IS". HUD owned property. Managed & Marketed by MMREM.

Last Agent to Sell the Property

Cindy Milligan

Long & Foster Real Estate, Inc. License #606708 Listed on: 09/08/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gershon Hoffer

CENTURY 21 New Millennium License #517288

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 2007

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Great Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1351
  • Assessor Parcel Number 0501234730

Community Details

Overview

  • Association fees include lawn maintenance, lawn care side, pool(s), trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • Solomons Landing Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,664

Year Built

Built in 2007

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Remarks Public: NEW PRICE A RARE FIND IN SOLOMONS LANDING! Fantastic price on this fantastic 3BR, 2 Full BA Sunny & Bright main flr unit that offers a spacious eat in KIT w/Loads of Cabinet space & Granite counters, huge Living Rm w/Gas FP offers a great flow for entertaining. HDWD Flooring. Priv Deck. Case Number #241-825076. "HUD Homes are sold AS IS". HUD owned property. Managed & Marketed by MMREM.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Exhaust Fan
  • Interior Amenities: Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1351

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 119.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 470.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Gated Community, Jog/Walk Path, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Lawn Care Side, Pool(s), Trash, Security Gate
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 193500.00
  • Land Assessed Value: 60000.00
  • Year Assessed: 2015
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14973304
  • Tax Annual Amount: 2664.14
  • Assessor Parcel Number: 0501234730
  • Tax Lot: 1351
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/06/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Aug 25, 2023
Sold by
Leitch Michelle
Bought by
Logan David T and Logan Wendy L
Seller's Agent
Donna McCrory
O'Brien Realty ERA Powered
Buyer's Agent
Melanie Kraft
Real Broker, LLC
List Price
$389,000
Sold Price
$389,000
Views
353
Current Estimated Value
$448,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,001
Avg. Annual Appreciation
7.93%
Original Mortgage
$277,065
Outstanding Balance
$272,323
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$175,678

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 29, 2020
Sold by
Kuehn Everett L and Kuehn Doretta L
Bought by
Leitch Michelle
Seller's Agent
Kelly Padgett
CENTURY 21 New Millennium
Buyer's Agent
Mike Jordan
CENTURY 21 New Millennium
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Nov 12, 2018
Sold by
Tiffany Cheryl L
Bought by
Kuehn Everett L and Kuehn Doretta L
Seller's Agent
Jan Barnes
CENTURY 21 New Millennium
Buyer's Agent
Michael Tennity
CENTURY 21 New Millennium
List Price
$274,999
Sold Price
$274,500
Premium/Discount to List
-$499
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$247,050
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 8, 2016
Closed on
Sep 19, 2016
Sold by
Hudella Investments Llc
Bought by
Tiffany Cheryl L
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Jan Barnes
CENTURY 21 New Millennium
List Price
$229,500
Sold Price
$229,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jan 4, 2016
Sold by
Department Of Housing & Urban Developmen
Bought by
Hudella Investments Llc
Seller's Agent
Cindy Milligan
Long & Foster Real Estate, Inc.
Buyer's Agent
Gershon Hoffer
CENTURY 21 New Millennium
List Price
$210,000
Sold Price
$146,050
Premium/Discount to List
-$63,950
-30.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.72%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 13, 2015
Sold by
Reevest Elizabeth A and Reeves Elizabeth Anne
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Oct 27, 2008
Sold by
Solomons Homes & Marina Llc
Bought by
Reeves Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2008
Sold by
Solomons Homes & Marina Llc
Bought by
Reeves Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.58%
Mortgage Type
FHA
Source: Public Records

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 Type Sale Price Title Company
Deed $389,000 Buyers Title
Deed $285,000 None Available
Deed $274,500 None Available
Deed $229,500 Attorney
Deed $146,050 Lawyers Advantage Title Grou
Special Warranty Deed -- Attorney
Trustee Deed $154,770 None Available
Deed $265,000 --
Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,065 FHA
Previous Owner $247,050 Adjustable Rate Mortgage/ARM
Previous Owner $260,905 FHA
Previous Owner $260,905 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $389,000 0.0% $247 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $389,000 +36.5% $247 / Sq Ft
10/29/2020 10/29/20 Sold $285,000 -5.0% $181 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $299,900 -1.7% $191 / Sq Ft
07/14/2020 07/14/20 For Sale $305,000 +11.1% $194 / Sq Ft
11/12/2018 11/12/18 Sold $274,500 0.0% $174 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $274,500 -0.2% $174 / Sq Ft
07/11/2018 07/11/18 For Sale $274,999 +19.8% $175 / Sq Ft
09/19/2016 09/19/16 Sold $229,500 0.0% $146 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $229,500 0.0% $146 / Sq Ft
08/05/2016 08/05/16 For Sale $229,500 0.0% $146 / Sq Ft
08/05/2016 08/05/16 Off Market $229,500 -- --
06/14/2016 06/14/16 For Sale $235,000 0.0% $150 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $235,000 +2.4% $150 / Sq Ft
02/13/2016 02/13/16 Off Market $229,500 -- --
02/08/2016 02/08/16 For Sale $235,000 +60.9% $150 / Sq Ft
01/06/2016 01/06/16 Sold $146,050 -13.1% --
12/17/2015 12/17/15 Pending -- -- --
12/10/2015 12/10/15 Price Changed $168,000 -9.1% --
10/27/2015 10/27/15 Price Changed $184,800 -12.0% --
09/08/2015 09/08/15 For Sale $210,000 -- --
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 $3,307 $291,900 $0 $0
2023 $2,788 $253,500 $60,000 $193,500
2022 $2,785 $253,500 $60,000 $193,500
2021 $5,570 $253,500 $60,000 $193,500
2020 $2,792 $253,500 $60,000 $193,500
2019 $2,659 $253,500 $60,000 $193,500
2018 $2,659 $253,500 $60,000 $193,500
2017 $2,820 $253,500 $0 $0
2016 -- $253,500 $0 $0
2015 $2,457 $253,500 $0 $0
2014 $2,457 $253,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002715556

Bright MLS

APN: 01-234730