13822 Reef Way Dowell, MD 20629
Estimated Value: $483,000 - $516,318
2
Beds
2
Baths
1,844
Sq Ft
$615/mo
HOA Fee
Highlights
- 1 Dock Slip
- Canoe or Kayak Water Access
- Open Floorplan
- Home fronts navigable water
- View of Trees or Woods
- Lake Privileges
About This Home
As of April 2023Look no further! Waterfront living at it's fnest in sought after Solomon's Island. As you enter this beautiful condo, sunlight greets you. The third floorlocation creates a treehouse feel as you look out toward the water. The open concept allows for an easy transition from the entry to the dining area, and into the living room. All chefs at heart will enjoy the spacious kitchen featuring SS appliances, granite counters, and plenty of cabinets for all of your cooking gadgets. The kitchen island and extended bar provides more storage and lots of counter space making entertaining a breeze. Tired of boating all day? Return home to your private boat slip (A5) then simply retreat to the owner's suite and enjoy views of nature and the water. The spacious bedroom features two walk in closets, and a private owner's bath. Space abounds in the owners bath with two vanity spaces, soaking tub, and seperate shower. Dine, nap, or enjoy bird watching all year long from your private deck with views of trees and water. You'll also enjoy the assigned covered parking space and additional storage cage in the garage/parking area. This great condo is close to shopping, and fantastic dining on Solomons's Island, and yet just 45 minutes from DC or Annapolis. Welcome Home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,171
Year Built
- Built in 2005
Lot Details
- Home fronts navigable water
- Creek or Stream
- Property is in excellent condition
HOA Fees
- $615 Monthly HOA Fees
Parking
- Assigned Parking Garage Space
- Front Facing Garage
Property Views
- Woods
- Creek or Stream
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composite Building Materials
Interior Spaces
- 1,844 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Fireplace With Glass Doors
- Gas Fireplace
- Double Pane Windows
- Combination Dining and Living Room
Kitchen
- Breakfast Room
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- 1 Dock Slip
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Lake Privileges
- Deck
Utilities
- 90% Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Public Septic
Listing and Financial Details
- Tax Lot 303
- Assessor Parcel Number 0501213466
Community Details
Overview
- Association fees include common area maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
- Low-Rise Condominium
- Oyster Bay Condo Association Condos, Phone Number (410) 825-6060
- Oyster Bay Condo Community
- Oyster Bay Condominiums Subdivision
- Property Manager
Amenities
- Clubhouse
- 1 Elevator
Recreation
- Boat Dock
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 7, 2023
Sold by
Mclean Michael E
Bought by
Hill Jan E and Hill Ronald E
Seller's Agent
Fran Slade
Compass
Buyer's Agent
Becky King
Home Towne Real Estate
List Price
$435,000
Sold Price
$435,000
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,580
Avg. Annual Appreciation
7.36%
Original Mortgage
$200,000
Outstanding Balance
$195,506
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$313,010
Purchase Details
Closed on
Apr 7, 2010
Sold by
Pnc Bank Na
Bought by
Mclean Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2009
Sold by
Lee Young Dae Mee J
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Mar 16, 2006
Sold by
Oyster Bay Llc
Bought by
Lee Young Dae Mee J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,900
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 20, 2006
Sold by
Oyster Bay Llc
Bought by
Lee Young Dae Mee J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,900
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Similar Home in Dowell, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Jan E | $435,000 | Titlemax | |
| Mclean Michael | $279,900 | -- | |
| Pnc Bank Na | $425,000 | -- | |
| Federal Home Loan Mortgage Corporation | -- | -- | |
| Federal Home Loan Mortgage Corporation | $425,000 | -- | |
| Lee Young Dae Mee J | $509,394 | -- | |
| Lee Young Dae Mee J | $509,394 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Jan E | $200,000 | |
| Previous Owner | Mclean Michael M | $223,920 | |
| Previous Owner | Lee Young Dae Mee J | $50,900 | |
| Previous Owner | Lee Young Dae Mee J | $407,515 | |
| Previous Owner | Lee Young Dae Mee J | $407,515 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $435,000 | 0.0% | $236 / Sq Ft |
| 03/08/2023 03/08/23 | For Sale | $435,000 | 0.0% | $236 / Sq Ft |
| 10/01/2014 10/01/14 | Rented | $2,000 | 0.0% | -- |
| 09/30/2014 09/30/14 | Under Contract | -- | -- | -- |
| 07/15/2014 07/15/14 | For Rent | $2,000 | +5.3% | -- |
| 12/01/2013 12/01/13 | Rented | $1,900 | -5.0% | -- |
| 12/01/2013 12/01/13 | Under Contract | -- | -- | -- |
| 11/03/2013 11/03/13 | For Rent | $2,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,324 | $386,200 | $0 | $0 |
| 2023 | $3,915 | $362,000 | $150,000 | $212,000 |
| 2022 | $3,912 | $362,000 | $150,000 | $212,000 |
| 2021 | $3,924 | $362,000 | $150,000 | $212,000 |
| 2020 | $3,924 | $362,000 | $150,000 | $212,000 |
| 2019 | $3,939 | $362,000 | $150,000 | $212,000 |
| 2018 | $3,926 | $362,000 | $150,000 | $212,000 |
| 2017 | $3,978 | $362,000 | $0 | $0 |
| 2016 | -- | $362,000 | $0 | $0 |
| 2015 | $3,768 | $362,000 | $0 | $0 |
| 2014 | $3,768 | $362,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Fran Slade
Seller's Agent in 2023
Fran Slade
Compass
(904) 476-2691
2 in this area
71 Total Sales
-
Becky King
Buyer's Agent in 2023
Becky King
Kevin Turner
(443) 624-3359
8 in this area
204 Total Sales
-
Michael Stroud
Seller's Agent in 2014
Michael Stroud
BHHS PenFed (actual)
(202) 236-3837
1 in this area
2 Total Sales
-
Kimberly Briscoe
Buyer's Agent in 2014
Kimberly Briscoe
BHHS PenFed (actual)
(443) 624-0269
2 in this area
18 Total Sales
-
John McGuffin
J
Buyer's Agent in 2013
John McGuffin
PAX Real Estate
(410) 610-3434
2 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA2010384
APN: 01-213466
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