NOT LISTED FOR SALE

353 Driftwood Ln Solomons, MD 20688

Estimated Value: $401,000 - $450,000

3 Beds
2 Baths
1,800 Sq Ft
$475/mo HOA Fee

Last Sold June 29, 2012

Last sale price $255,000 $142 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,936/month

156 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fitness Center
  • Water Views
  • Water Access
  • Private Pool

About This Home

As of June 2012

This beautiful decorated main level condo is equally suited for year round living or as a perfect weekend getaway. Enjoy the private screened porch overlooking water & nature, gas FP, nice sized rooms & luxurious surroundings. Recent upgrades include beautiful Brazilian hardwood flooring, w/w carpeting, ceiling fans & light fixtures to name a few. 25' boat slip conveys - #N-6.

Last Agent to Sell the Property

Rita Minion

ritaminion@mris.com O'Brien Realty ERA Powered License #MRIS:49066 Listed on: 12/13/2011

Last Buyer's Agent

Annette Winters

annette@annettewinters.net Berkshire Hathaway HomeServices McNelis Group Properties License #MRIS:3005584

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $475 Monthly HOA Fees

Property Views

  • Water
  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Private Pool
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 353
  • Assessor Parcel Number 0501208608

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, pool(s), security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • The community has rules related to covenants

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,824

Year Built

Built in 2002

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Master Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Foyer, Bedroom 1, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 149.94
  • Above Grade Finished Sq Ft: 1800
  • 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
  • Construction Materials: Wood Siding
  • Dock Type: Single Slip
  • Construction Completed: No
  • View: Water, Garden/Lawn, Trees/Woods
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Pool - Outdoor, Putting Green, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: No

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 60000.00
  • Property Condition: Very Good
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975288
  • Tax Annual Amount: 2823.80
  • Assessor Parcel Number: 0501208608
  • Tax Lot: 353
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jun 29, 2012
Sold by
Mayorga Alberto Martin
Bought by
Maiers John S and Jones Roberta M
Seller's Agent
Rita Minion
O'Brien Realty ERA Powered
Buyer's Agent
Annette Winters
Berkshire Hathaway HomeServices McNelis Group Properties
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Current Estimated Value
$420,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,703
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Feb 28, 2008
Sold by
Tamburri Mario N and Tamburri Amber M
Bought by
Mayorga Alberto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2008
Sold by
Tamburri Mario N and Tamburri Amber M
Bought by
Mayorga Alberto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Solomons Homes & Marina Llc
Bought by
Tamburri Mario N and Tamburri Amber M
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
Maiers John S $255,000 None Available
Mayorga Alberto Martin $310,000 --
Mayorga Alberto Martin $310,000 --
Tamburri Mario N $255,470 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayorga Alberto Martin $294,500
Previous Owner Mayorga Alberto Martin $294,500
Closed Tamburri Mario N --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $255,000 -5.5% $142 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
03/14/2012 03/14/12 Price Changed $269,900 -10.0% $150 / Sq Ft
12/13/2011 12/13/11 For Sale $299,900 -- $167 / 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 $3,134 $275,433 $0 $0
2024 $2,881 $252,467 $0 $0
2023 $2,539 $229,500 $51,000 $178,500
2022 $2,536 $229,500 $51,000 $178,500
2021 $2,541 $229,500 $51,000 $178,500
2020 $2,541 $229,500 $51,000 $178,500
2019 $2,549 $229,500 $51,000 $178,500
2018 $2,536 $229,500 $51,000 $178,500
2017 $2,568 $229,500 $0 $0
2016 -- $229,500 $0 $0
2015 $2,824 $229,500 $0 $0
2014 $2,824 $229,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004654840

Bright MLS

APN: 01-208608