NOT LISTED FOR SALE

271 Driftwood Ln Solomons, MD 20688

Estimated Value: $399,363 - $422,000

3 Beds
2 Baths
1,630 Sq Ft
$515/mo HOA Fee

Last Sold July 23, 2021

Last sale price $346,000 $212 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,923/month

3 Days on Market

Highlights

  • Marina
  • Penthouse
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Traditional Architecture

About This Home

As of July 2021

Experience stay-cation everyday in this beautiful gated waterfront community! This top floor condominium is preferred by many! You are greeted with a large and open living room with a wrap around gas fireplace and plenty of natural light. Spacious kitchen boasts granite counters, large island, gas cooktop, eat-in dining area, and access to your covered deck. The ample owners suite contains a walk in closet and en-suite bath. Two additional nicely sized bedrooms are located on the opposite side of the condo, one with a walk-in closet. Secondary bedrooms are served by a full hall bath. New flooring and paint throughout. Community features waterfront resort style living offering a private marina, kayak launch, pool, tennis courts, pickle ball courts, clubhouse, exercise room, and fire-pit. Easy access to Solomons Island for restaurants and shopping! Absolutely perfect for year round living or weekend getaway! Convenient to PAX River NAS, JB Andrews, and DC Metro areas

Last Agent to Sell the Property

Danielle Sloan

(443) 532-0323 Danielle@movingsomd.com JPAR Real Estate Professionals License #631196 Listed on: 06/18/2021

JPAR Real Estate Professionals

Last Buyer's Agent

Carol Kalmus-Choporis

(301) 904-6242 carol.choporis@c21nm.com CENTURY 21 New Millennium License #97024

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1999

Lot Details

  • 915

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Traditional Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,630 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Heatilator
  • Gas Fireplace
  • Window Screens

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Playground

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 0501234625

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pier/dock maintenance, pool(s), recreation facility, road maintenance, security gate, snow removal, trash
  • Low-Rise Condominium
  • Solomons Landing Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • 1 Elevator

Recreation

  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,717

Year Built

Built in 1999

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Ring Doorbell
  • Historic: No
  • Home Warranty: No
  • Inclusions: Microwave in Kitchen, String lighting on Deck, Curtains in Living Room, Valances in Kitchen
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-19
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Washer, Trash Compactor, Water Heater, Exhaust Fan, Icemaker
  • Entry Floor: 3
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1630
  • Living Area Sq Ft: 1630
  • Price Per Sq Ft: 212.27
  • Above Grade Finished Sq Ft: 1630
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Exterior Features: Exterior Lighting, Play Area, Street Lights, Tennis Court(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 515.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Marina/Marina Club, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Fenced

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 170000.00
  • Land Assessed Value: 51000.00
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14973320
  • Tax Annual Amount: 2717.00
  • Assessor Parcel Number: 0501234625
  • Tax Lot: 271
  • Tax Page Number: 124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 23, 2021
Sold by
Sloan Danielle C
Bought by
Harvey John and Harvey Josephine D
Seller's Agent
Danielle Sloan
JPAR Real Estate Professionals
Buyer's Agent
Carol Kalmus-Choporis
CENTURY 21 New Millennium
List Price
$335,000
Sold Price
$346,000
Premium/Discount to List
$11,000
3.28%
Current Estimated Value
$414,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,091
Avg. Annual Appreciation
4.07%
Original Mortgage
$276,800
Outstanding Balance
$208,983
Interest Rate
2.24%
Mortgage Type
New Conventional
Estimated Equity
$205,108

Purchase Details

Listed on
Sep 25, 2017
Closed on
Dec 22, 2017
Sold by
Clary Lori L and Sdcanfd Robert Hillard
Bought by
Sloan Danille C
Seller's Agent
Michael Stroud
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Danielle Sloan
JPAR Real Estate Professionals
List Price
$239,900
Sold Price
$247,000
Premium/Discount to List
$7,100
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$238,949
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 24, 2016
Closed on
Jan 6, 2017
Sold by
Shore Benjamin and Shore Carolyn W
Bought by
Robert Hillard Snead Revocable Trust
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Dan Cannon
Cannon Real Estate Development
List Price
$230,000
Sold Price
$217,000
Premium/Discount to List
-$13,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$100,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Shore Benjamin R and Shore Carolyn W
Bought by
Shore Benjamin and Shore Carolyn W

Purchase Details

Closed on
Apr 24, 2007
Sold by
Shore Benjamin R and Shore Carolyn W
Bought by
Shore Benjamin and Shore Carolyn W

Purchase Details

Closed on
Nov 24, 2003
Sold by
Shore Benjamin R and Shore Carolyn W
Bought by
Shore Benjamin R and Shore Carolyn W

Purchase Details

Closed on
Oct 15, 1999
Sold by
Solomons Homes & Marina Llc
Bought by
Shore Benjamin R and Shore Carolyn W
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
Harvey John $346,000 None Available
Sloan Danille C $247,200 Titlemax Llc
Robert Hillard Snead Revocable Trust $217,000 Maryland Trust Title & Escro
Shore Benjamin -- --
Shore Benjamin -- --
Shore Benjamin R -- --
Shore Benjamin R $199,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey John $276,800
Previous Owner Sloan Danille C $238,949
Previous Owner Robert Hillard Snead Revocable Trust $100,000
Closed Shore Benjamin R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2021 07/23/21 Sold $346,000 0.0% $212 / Sq Ft
06/21/2021 06/21/21 Price Changed $346,000 +3.3% $212 / Sq Ft
06/18/2021 06/18/21 For Sale $335,000 +35.6% $206 / Sq Ft
12/22/2017 12/22/17 Sold $247,000 +3.0% $225 / Sq Ft View Prior Sale
09/28/2017 09/28/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $239,900 +10.6% $218 / Sq Ft
01/06/2017 01/06/17 Sold $217,000 -5.7% $138 / Sq Ft View Prior Sale
11/10/2016 11/10/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $230,000 -- $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
2025 $3,167 $278,467 $0 $0
2024 $2,852 $249,733 $0 $0
2023 $2,450 $221,000 $51,000 $170,000
2022 $2,447 $221,000 $51,000 $170,000
2021 $4,894 $221,000 $51,000 $170,000
2020 $2,452 $221,000 $51,000 $170,000
2019 $2,318 $221,000 $51,000 $170,000
2018 $2,318 $221,000 $51,000 $170,000
2017 $2,474 $221,000 $0 $0
2016 -- $221,000 $0 $0
2015 $2,924 $221,000 $0 $0
2014 $2,924 $238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA183586

Bright MLS

APN: 01-234625