$220,000
SOLD MAY 20, 2016

1372 Schooner Loop Solomons, MD 20688

3 Beds
2 Baths
1,630 Sq Ft
$535/mo HOA Fee

Recently Sold

$135 Per Sq Ft

7% Below List Price

236 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Pier
  • Fitness Center
  • 5 Dock Slips
  • Pier or Dock
  • Private Pool

About This Home

As of March 2022

Like new! Beautiful top floor condo in gated marina community with light filled natural setting - includes deeded boat slip. Spacious open 3 BR floor plan with cathedral ceilings, separate laundry, large L shaped deck. Kitchen features gas cooking, island, breakfast area, Corian, wood floors. Enjoy great community amenities and the Solomons Island lifestyle.Woodlands Bldg-new section on Newtown Rd

Last Agent to Sell the Property

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 08/16/2015

Last Buyer's Agent

Gene Sementilli

CENTURY 21 New Millennium License #40349

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 2007

Lot Details

  • 3,000 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 1,630 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Fireplace With Glass Doors
  • Window Treatments
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Location

  • Property is near a creek

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1372
  • Assessor Parcel Number 0501234846

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, insurance, management, pier/dock maintenance, reserve funds, pool(s), road maintenance, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Condo Assoc Community
  • Solomons Landing Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,121

Year Built

Built in 2007

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator, Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Remarks Public: Like new! Beautiful top floor condo in gated marina community with light filled natural setting - includes deeded boat slip. Spacious open 3 BR floor plan with cathedral ceilings, separate laundry, large L shaped deck. Kitchen features gas cooking, island, breakfast area, Corian, wood floors. Enjoy great community amenities and the Solomons Island lifestyle.Woodlands Bldg-new section on Newtown Rd
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Table Space, Breakfast Area, Dining Area, Upgraded Countertops, Window Treatments, Primary Bath(s), Built-Ins, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1630
  • Living Area Sq Ft: 1630
  • Price Per Sq Ft: 139.88
  • Above Grade Finished Sq Ft: 1630
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1372

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: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Water Access: Yes
  • Water Body Name: BACK CREEK/CHESAPEAKE BAY
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 3000

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 119.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 535.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground, Exercise Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Management, Pier/Dock Maintenance, Reserve Funds, Pool(s), Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Moving Fees Required, Covenants
  • HOA: No
  • Senior Community: No

Green Features

  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Improvement Assessed Value: 239000.00
  • Land Assessed Value: 60000.00
  • Year Assessed: 2015
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14973292
  • Tax Annual Amount: 3120.96
  • Assessor Parcel Number: 0501234846
  • Tax Lot: 1372
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/20/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • Waterfront Features: Rip-Rap, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 25, 2022
Sold by
Bernadette M Hoffman Living Trust
Bought by
Guay Tan F and Duffy Nora T
Seller's Agent
Cris Curtis
CENTURY 21 New Millennium
Buyer's Agent
John Gatton
CENTURY 21 New Millennium
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$482,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,439
Avg. Annual Appreciation
6.32%
Original Mortgage
$296,000
Outstanding Balance
$280,805
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$171,337

Purchase Details

Closed on
Nov 2, 2021
Sold by
Hoffman Bernadette M and Hoffman Bernadette Marie
Bought by
Hoffman Bernadette M and Bernadette M Hoffman Living Tr

Purchase Details

Listed on
Aug 16, 2015
Closed on
May 20, 2016
Sold by
Whyms Robert and Whyms Audrey I
Bought by
Hoffman Bernadette Marie
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Gene Sementilli
CENTURY 21 New Millennium
List Price
$237,500
Sold Price
$220,000
Premium/Discount to List
-$17,500
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Feb 11, 2009
Sold by
Solomons Homes & Marina Llc
Bought by
Whyms Robert Audrey I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,744
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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 $370,000 First American Title
Interfamily Deed Transfer -- None Available
Deed $220,000 Maryland First Title Ltd
Deed $285,930 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $219,600 Stand Alone Second
Previous Owner $228,744 Purchase Money Mortgage
Previous Owner $28,590 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $370,000 +1.4% $220 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $365,000 +65.9% $217 / Sq Ft
05/20/2016 05/20/16 Sold $220,000 -3.5% $135 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $228,000 -4.0% $140 / Sq Ft
08/16/2015 08/16/15 For Sale $237,500 -- $146 / Sq Ft
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 $3,645 $323,267 $0 $0
2023 $3,261 $299,000 $60,000 $239,000
2022 $3,258 $299,000 $60,000 $239,000
2021 $6,515 $299,000 $60,000 $239,000
2020 $3,267 $299,000 $60,000 $239,000
2019 $3,137 $299,000 $60,000 $239,000
2018 $3,137 $299,000 $60,000 $239,000
2017 $3,304 $299,000 $0 $0
2016 -- $299,000 $0 $0
2015 $3,115 $299,000 $0 $0
2014 $3,115 $299,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002695602

Bright MLS

APN: 01-234846