NOT LISTED FOR SALE

13822 Reef Way Dowell, MD 20629

Solomons Neighborhood

Estimated Value: $484,000 - $531,000

2 Beds
2 Baths
1,844 Sq Ft
$615/mo HOA Fee

Last Sold April 07, 2023

Last sale price $435,000 $236 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,781/month

6 Days on Market

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 2023

Look 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!

Last Listed By

Fran Slade

Compass Listed on: 03/08/2023

Compass

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,171

Year Built

Built in 2005

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: refrigerator, washer, dryer, dishwasher, stove, microwave
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Look 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!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Island
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Breakfast Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1844
  • Living Area Sq Ft: 1844
  • Price Per Sq Ft: 235.90
  • Above Grade Finished Sq Ft: 1844
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13822

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
  • Construction Materials: Brick, Composition
  • Spa: No
  • View: Creek/Stream, Trees/Woods, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Private Access
  • 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: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 615.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Oyster Bay Condo Association
  • Condo Co-Op Phone: 410-825-6060
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Elevator, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 212000.00
  • Land Assessed Value: 150000.00
  • Land Use Code: U
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14974912
  • Tax Annual Amount: 4171.00
  • Assessor Parcel Number: 0501213466
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/07/2023

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

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
Total Days on Market
6
Views
35
Current Estimated Value
$506,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,076
Avg. Annual Appreciation
7.55%
Original Mortgage
$200,000
Outstanding Balance
$195,506
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$310,570

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

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
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

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 $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

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Source: Bright MLS

MLS Number: MDCA2010384

Bright MLS

APN: 01-213466