NOT LISTED FOR SALE

422 Oyster Bay Place Unit 303 Solomons, MD 20688

Estimated Value: $574,000 - $634,000

3 Beds
3 Baths
2,067 Sq Ft
$595/mo HOA Fee

Last Sold November 15, 2021

Last sale price $540,000 $261 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,240/month

59 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Bay View
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of November 2021

***Price improvement: $580,000. Seller has found their next home! Bring offers! Close in 45 days and be moved in before the holidays.** Are you looking for a low maintenance type of life? How about a community that offers a pool, clubhouse, gym, community events, a kayak launch & a pier - all things that you can enjoy without the hassle of maintaining it yourself? Unit #303 sounds like it could be the one for you! This unit is unlike others with TWO balconies to enjoy water views (the current owner specifically has guests over at sunset and says that is one of the best parts about living at this unit!) - one covered balcony, to sip your morning coffee and one open balcony, for simply a place to lay out and get some sun! TWO parking spots, with plenty of guest parking throughout the neighborhood. Located on the penthouse level, so you won't hear any noise above you but this also gives you all of the vaulted, tray & cathedral ceilings!! This unit offers one of the largest Deeded Boat Slips (slip D15) in the whole community & located on Back Creek - feel free to bring your boat & jet skis! The kitchen has beautiful granite counters, stainless steel appliances and an island for entertaining. There is also under cabinet lighting, upgraded kitchen cabinets, and tile flooring in entryway, kitchen, and all bathroom! Not only can you have an eat-in kitchen (with table space) there is also room for a designated dining room! The main level offers 2 bedrooms, 2 full bathrooms - the primary bedroom has a tray ceiling, sweeping water views, TWO closets and a huge bathroom with two sinks! Upstairs you will find another large bedroom with a full bathroom - this one has its own balcony!! The open floor plan & plantation shutters make you feel at home and the water views will make you never want to leave! Full house audio/speakers conveniently located in the ceiling for listening to music or watching movies while you cuddle up next to the gas fireplace. Worried about storage? Well, there is storage space within the unit and in the deeded, enclosed storage unit in the parking garage! Some NEWER items include: HVAC, carpet and paint...the HOA dues have also been paid in full for the rest of the year!!! Come enjoy Solomon's Island, low maintenance, life before someone else decides that this is what they have been waiting for.

Last Agent to Sell the Property

Gail Nyman

RE/MAX United Real Estate License #30707 Listed on: 08/25/2021

RE/MAX United Real Estate

Co-Listed By

Delaney Burgess

RE/MAX United Real Estate License #668108

Last Buyer's Agent

George Klein

O'Brien Realty ERA Powered License #525670

O'Brien Realty ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,189

Year Built

  • Built in 2005

Lot Details

  • 2,265

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,067 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Carpet
  • Bay Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Multiple Balconies
  • Porch

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 0501213547

Community Details

Overview

  • Association fees include common area maintenance, health club, lawn maintenance, pier/dock maintenance
  • Low-Rise Condominium
  • Oyster Bay Condo Community
  • Oyster Bay Condominiums Subdivision

Amenities

  • Community Center
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,189

Year Built

Built in 2005

Lot Details

0

HOA Fees

$595 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-08-28
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: ***Price improvement: $580,000. Seller has found their next home! Bring offers! Close in 45 days and be moved in before the holidays.** Are you looking for a low maintenance type of life? How about a community that offers a pool, clubhouse, gym, community events, a kayak launch & a pier - all things that you can enjoy without the hassle of maintaining it yourself? Unit #303 sounds like it could be the one for you! This unit is unlike others with TWO balconies to enjoy water views (the current owner specifically has guests over at sunset and says that is one of the best parts about living at this unit!) - one covered balcony, to sip your morning coffee and one open balcony, for simply a place to lay out and get some sun! TWO parking spots, with plenty of guest parking throughout the neighborhood. Located on the penthouse level, so you won't hear any noise above you but this also gives you all of the vaulted, tray & cathedral ceilings!! This unit offers one of the largest Deeded Boat Slips (slip D15) in the whole community & located on Back Creek - feel free to bring your boat & jet skis! The kitchen has beautiful granite counters, stainless steel appliances and an island for entertaining. There is also under cabinet lighting, upgraded kitchen cabinets, and tile flooring in entryway, kitchen, and all bathroom! Not only can you have an eat-in kitchen (with table space) there is also room for a designated dining room! The main level offers 2 bedrooms, 2 full bathrooms - the primary bedroom has a tray ceiling, sweeping water views, TWO closets and a huge bathroom with two sinks! Upstairs you will find another large bedroom with a full bathroom - this one has its own balcony!! The open floor plan & plantation shutters make you feel at home and the water views will make you never want to leave! Full house audio/speakers conveniently located in the ceiling for listening to music or watching movies while you cuddle up next to the gas fireplace. Worried about storage? Well, there is storage space within the unit and in the deeded, enclosed storage unit in the parking garage! Some NEWER items include: HVAC, carpet and paint...the HOA dues have also been paid in full for the rest of the year!!! Come enjoy Solomon's Island, low maintenance, life before someone else decides that this is what they have been waiting for.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Chair Railings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Bay Front, Soaking Tub, Upgraded Countertops, Tub Shower
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2067
  • Living Area Sq Ft: 2067
  • Price Per Sq Ft: 280.60
  • Above Grade Finished Sq Ft: 2067
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 422

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 595.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Elevator, Meeting Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Lawn Maintenance, Pier/Dock Maintenance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139842846
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 212000.00
  • Land Assessed Value: 150000.00
  • Land Use Code: 010
  • Outdoor Living Structures: Porch(es), Balcony, Balconies- Multiple
  • Year Assessed: 2021
  • Zoning: TC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14974919
  • Tax Annual Amount: 4189.00
  • Assessor Parcel Number: 0501213547
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/15/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 15, 2021
Sold by
Bassett Christina M
Bought by
Morgan James K and Morgan Christina R
Seller's Agent
Gail Nyman
RE/MAX United Real Estate
Buyer's Agent
George Klein
O'Brien Realty ERA Powered
List Price
$614,999
Sold Price
$540,000
Premium/Discount to List
-$74,999
-12.19%
Current Estimated Value
$602,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,986
Avg. Annual Appreciation
2.80%

Purchase Details

Listed on
Aug 30, 2020
Closed on
Jan 11, 2021
Sold by
Esau Carol S and Esau Palmer Murray
Bought by
Bassett Christina M
Seller's Agent
Jan Kleponis
O'Brien Realty ERA Powered
Buyer's Agent
Delaney Burgess
RE/MAX United Real Estate
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.07%
Original Mortgage
$365,750
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2015
Sold by
Esau Palmer Murray and Esau Carol S
Bought by
Palmer Murray & Carol S Esau Living Trus

Purchase Details

Closed on
Aug 19, 2005
Sold by
Oyster Bay Llc
Bought by
Esau Palmer M and Esau Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Oyster Bay Llc
Bought by
Esau Palmer M and Esau Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Morgan James K $540,000 Bridgeview Title Llc
Bassett Christina M $385,000 None Available
Palmer Murray & Carol S Esau Living Trus -- Attorney
Esau Palmer M $529,764 --
Esau Palmer M $549,764 First Horizon Title Group Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bassett Christina M $365,750
Previous Owner Esau Palmer M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $540,000 -6.9% $261 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $580,000 -0.4% $281 / Sq Ft
10/10/2021 10/10/21 Price Changed $582,500 -0.4% $282 / Sq Ft
10/03/2021 10/03/21 Price Changed $585,000 -1.7% $283 / Sq Ft
09/15/2021 09/15/21 Price Changed $595,000 -3.3% $288 / Sq Ft
08/25/2021 08/25/21 For Sale $614,999 +59.7% $298 / Sq Ft
01/19/2021 01/19/21 Sold $385,000 -1.0% $186 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $389,000 -2.5% $188 / Sq Ft
08/30/2020 08/30/20 For Sale $399,000 -- $193 / 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 $4,324 $410,400 $0 $0
2024 $4,324 $386,200 $0 $0
2023 $3,915 $362,000 $150,000 $212,000
2022 $3,912 $362,000 $150,000 $212,000
2021 $7,824 $362,000 $150,000 $212,000
2020 $145 $362,000 $150,000 $212,000
2019 $3,797 $362,000 $150,000 $212,000
2018 $3,797 $362,000 $150,000 $212,000
2017 $3,912 $362,000 $0 $0
2016 -- $362,000 $0 $0
2015 $4,887 $362,000 $0 $0
2014 $4,887 $362,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2001538

Bright MLS

APN: 01-213547