NOT LISTED FOR SALE

371 Driftwood Ln Solomons, MD 20688

Estimated Value: $403,000 - $465,000

3 Beds
2 Baths
-- Sq Ft
$640/mo HOA Fee

Last Sold March 18, 2024

Last sale price $416,500

Est. 5% increase in value since last sale

Current estimated payment $3,213/month

2 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fitness Center
  • Pier or Dock
  • Water Access
  • Penthouse

About This Home

As of March 2024

Enjoy Solomons Island living with this beautifully updated top floor three bedroom unit where a large wrap deck has a relaxing setting and offers extended outdoor living area. A boat slip(P-4) and resort style amenities complete the waterfront lifestyle. The kitchen and both baths have been nicely upgraded and there is quality LVF flooring throughout the unit. Gas cooking, an island, large table space, expansive food prep surface with quartz countertops, refurbished cabinets and a wine fridge for the vino enthusiast are featured in the nicely appointed kitchen. The living room provides a large open space, dining area, and gas fireplace with stone surround. Privacy is provided with a split bedroom floor plan with a primary suite and two additional bedrooms. The HVAC has recently been replaced. This is a perfect weekend getaway, a great downsizing option, as well as other possibilities within an hour of the DC beltway and quick access to the conveniences of charming Solomons.

Last Agent to Sell the Property

Susan Thompson

(410) 707-6265 susan.thompson@monumentsothebysrealty.com Monument Sotheby's International Realty License #622777 Listed on: 02/08/2024

Last Buyer's Agent

Lauren Davis

(240) 298-8478 laurenlaraedavis@gmail.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $640 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility
  • Vehicle Transfer Area

Outdoor Features

  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Sport Court
  • Deck
  • Water Fountains
  • Playground
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 371
  • Assessor Parcel Number 0501208705

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • 125 Community Slips
  • 1 Community Docks
  • Tennis Courts
  • 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

$2,914

Year Built

Built in 2002

Lot Details

0

HOA Fees

$640 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, Elevator, Vehicle Transfer Area, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-08
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Single, Cooktop, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • 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
  • Exterior Features: Tennis Court(s), Water Fountains, Sport Court, Play Area
  • Water Access: Yes
  • Water Body Name: BACK CREEK/CHESAPEAKE BAY
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • 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, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 640.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Deck(s), Wrap Around
  • 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

  • Tax Annual Amount: 2914.00
  • Assessor Parcel Number: 0501208705
  • Tax Lot: 371
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 18, 2024
Sold by
Weber John T and Weber Clair G
Bought by
Anderson David and Anderson Pauline
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Lauren Davis
Keller Williams Capital Properties
List Price
$395,000
Sold Price
$416,500
Premium/Discount to List
$21,500
5.44%
Views
73
Current Estimated Value
$438,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,698
Avg. Annual Appreciation
2.86%

Purchase Details

Listed on
Apr 2, 2016
Closed on
May 27, 2016
Sold by
Datz Barbara
Bought by
Weber John T and Weber Clair G
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Susan Thompson
Monument Sotheby's International Realty
List Price
$229,900
Sold Price
$219,000
Premium/Discount to List
-$10,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$131,400
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2002
Sold by
Solomons Homes & Marina Llc
Bought by
Datz Gilbert L and Datz Barbara
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
Anderson David $416,500 Maryland Trust Title
Anderson David $416,500 Maryland Trust Title
Weber John T $219,000 Attorney
Datz Gilbert L $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber John T $131,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $416,500 +5.4% --
02/11/2024 02/11/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $395,000 +80.4% --
05/27/2016 05/27/16 Sold $219,000 -4.7% $139 / Sq Ft View Prior Sale
04/30/2016 04/30/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $229,900 0.0% $146 / Sq Ft
02/15/2015 02/15/15 Rented $1,650 -8.3% --
02/15/2015 02/15/15 Under Contract -- -- --
08/29/2014 08/29/14 For Rent $1,800 -- --
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 $3,382 $298,467 $0 $0
2024 $3,067 $269,733 $0 $0
2023 $2,658 $241,000 $51,000 $190,000
2022 $2,655 $241,000 $51,000 $190,000
2021 $2,661 $241,000 $51,000 $190,000
2020 $2,661 $241,000 $51,000 $190,000
2019 $2,670 $241,000 $51,000 $190,000
2018 $2,657 $241,000 $51,000 $190,000
2017 $2,690 $241,000 $0 $0
2016 -- $241,000 $0 $0
2015 $3,125 $241,000 $0 $0
2014 $3,125 $258,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2014448

Bright MLS

APN: 01-208705