NOT LISTED FOR SALE

332 Driftwood Ln Solomons, MD 20688

Estimated Value: $397,000 - $504,000

3 Beds
2 Baths
1,574 Sq Ft
$530/mo HOA Fee

Last Sold October 28, 2022

Last sale price $370,000 $235 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,079/month

22 Days on Market

Highlights

  • Pier or Dock
  • Penthouse
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Contemporary Architecture

About This Home

As of October 2022

This great top floor 3 bedroom Solomons Landing unit offers upgrades and updates – and incomparable amenities and waterfront community lifestyle. The spacious living room has slate flooring, cathedral ceiling, and transom window with stained glass and lots of light. This unit’s floor plan provides flexibility with a primary suite with bath plus two more bedrooms and a second bath. All bedrooms have upgraded flooring with wood floors in two bedrooms and marble flooring and coffered ceiling in the bedroom currently used as an office, and baths have updated lighting and fixtures. The kitchen offers gas cooking, stainless appliances, solid surface counters, and wood floors. Enjoy extended outdoor living space on the screened deck with special wood flooring. A separate laundry room offers convenience with full sized washer and dryer, additional storage space, accessing the primary bath. The HVAC system and hotwater heater (tankless -also provides more storage space in utility closet) have been replaced. The unit has been freshly repainted with neutral colors. Beautiful community landscaping plus a waterside trail, fabulous lifeguarded pool with community pavilion, pickle ball and tennis courts, and community marina on beautiful Back Creek with immediate access to the Patuxent River and Chesapeake Bay complete the perfect Solomons Island lifestyle.

Last Agent to Sell the Property

Susan Thompson

(410) 707-6265 susan.thompson@monumentsothebysrealty.com Monument Sotheby's International Realty License #622777 Listed on: 09/09/2022

Last Buyer's Agent

Gail Siegel

(301) 863-2400 gsiegel@comcast.net O'Brien Realty ERA Powered License #581971

O'Brien Realty ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 2000

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor
  • HardiePlank Type

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Marble
  • Tile or Brick
  • Slate Flooring

Bedrooms and Bathrooms

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

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Ramp on the main level
  • Entry Slope Less Than 1 Foot
  • Vehicle Transfer Area

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 332
  • Assessor Parcel Number 0501208527

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • 1 Elevator

Recreation

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

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,706

Year Built

Built in 2000

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Entry Slope <1', Elevator, No Stairs, Ramp - Main Level, Vehicle Transfer Area, Thresholds <5/8"
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-09
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Hardwood, Marble, Slate, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Price Per Sq Ft: 241.42
  • Above Grade Finished Sq Ft: 1574
  • 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
  • Construction Materials: Hardiplank Type
  • 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: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Instant 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: 530.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 170000.00
  • Land Assessed Value: 51000.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14975310
  • Tax Annual Amount: 2706.00
  • Assessor Parcel Number: 0501208527
  • Tax Lot: 332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 28, 2022
Sold by
August Robert A
Bought by
Mchugh Family Revocable Trust
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Gail Siegel
O'Brien Realty ERA Powered
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
41
Current Estimated Value
$438,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,763
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Solomons Homes & Marina Llc
Bought by
August Robert A and August Katherine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mchugh Family Revocable Trust $370,000 Bridgeview Title
Mchugh Family Revocable Trust $370,000 Bridgeview Title
August Robert A $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed August Robert A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $370,000 -2.6% $235 / Sq Ft
09/09/2022 09/09/22 For Sale $380,000 -- $241 / 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 $3,047 $301,467 $0 $0
2024 $2,780 $261,233 $0 $0
2023 $2,450 $221,000 $51,000 $170,000
2022 $2,447 $221,000 $51,000 $170,000
2021 $2,452 $221,000 $51,000 $170,000
2020 $2,452 $221,000 $51,000 $170,000
2019 $2,460 $221,000 $51,000 $170,000
2018 $2,447 $221,000 $51,000 $170,000
2017 $2,477 $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: MDCA2008054

Bright MLS

APN: 01-208527