NOT LISTED FOR SALE

225 Lore Rd Solomons, MD 20688

Estimated Value: $1,091,000 - $1,282,000

3 Beds
1.5 Baths
3,317 Sq Ft
$356/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $770,000 $232 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,973/month

Highlights

  • 170 Feet of Waterfront
  • Pier
  • Colonial Architecture
  • 1 Dock Slip
  • 0.77 Acre Lot
  • No HOA

About This Home

As of August 2024

Situated next to the renowned Calvert Marine Museum, home offers scenic views and waterfront living. This waterfront home, a charming 3-bedroom, 1.5-bathroom house located in the picturesque town of Solomons, MD. This waterfront property boasts stunning views and direct access to the water, complete with a private dock and included boat slip. The house features stainless steel appliances, wood floors, and a cozy screened porch perfect for enjoying the serene surroundings. Don't miss out on this rare opportunity to experience waterfront living at its finest.

Last Agent to Rent the Property

Jeffrey Goins

(410) 535-6291 jeff@cbaymanagement.com RE/MAX One License #606087 Listed on: 03/04/2024

RE/MAX One

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,015

Year Built

  • Built in 1929

Lot Details

  • 0.77 Acre Lot
  • 170 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Water Access
  • Property Near A Cove
  • Personal Watercraft
  • Rip-Rap
  • 1 Dock Slip
  • Private Dock
  • Dock made with Treated Lumber
  • Shared Waterfront

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Solomons Island Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,750
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 3/9/24
  • $40 Application Fee
  • Assessor Parcel Number 0501003712

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,015

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Date Available: 2024-03-09
  • Application Fee: 40.00
  • Pets Allowed: No
  • Security Deposit: 2750.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Sump Pump, Rear Entrance
  • Total Sq Ft: 4141
  • Living Area Sq Ft: 3317
  • Price Per Sq Ft: 0.83
  • Above Grade Finished Sq Ft: 3317
  • Below Grade Sq Ft: 824
  • Total Below Grade Sq Ft: 824
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access Features: Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 170

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Zoning: UNKNOWN

Tax Info

  • Assessor Parcel Number: 0501003712
  • Tax Data Updated: Yes

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap, Shared

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Jun 14, 2017
Sold by
Clark Robert L and Clark Kay A
Bought by
Back Creek Holdings Llc
Seller's Agent
Judy Szynborski
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$779,900
Sold Price
$770,000
Premium/Discount to List
-$9,900
-1.27%
Current Estimated Value
$1,181,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,592
Avg. Annual Appreciation
5.19%
Original Mortgage
$654,500
Outstanding Balance
$544,408
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$637,184
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Back Creek Holdings Llc $770,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Back Creek Holdings Llc $654,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Rented $2,500 -9.1% --
08/08/2024 08/08/24 Under Contract -- -- --
03/04/2024 03/04/24 For Rent $2,750 +31.0% --
02/19/2018 02/19/18 Rented $2,100 0.0% --
02/19/2018 02/19/18 Under Contract -- -- --
01/30/2018 01/30/18 For Rent $2,100 0.0% --
06/14/2017 06/14/17 Sold $770,000 -1.3% $351 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $779,900 -- $356 / 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
2025 $9,015 $860,267 $0 $0
2024 $9,015 $820,933 $0 $0
2023 $8,275 $781,600 $488,200 $293,400
2022 $8,205 $775,167 $0 $0
2021 $8,103 $768,733 $0 $0
2020 $8,103 $762,300 $488,200 $274,100
2019 $7,617 $712,600 $0 $0
2018 $7,083 $662,900 $0 $0
2017 $6,650 $613,200 $0 $0
2016 -- $613,200 $0 $0
2015 $8,357 $613,200 $0 $0
2014 $8,357 $618,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2014836

Bright MLS

APN: 01-003712