NOT LISTED FOR SALE

501 Runabout Loop Unit E-1 Solomons, MD 20688

Estimated Value: $329,589 - $378,000

2 Beds
2 Baths
1,560 Sq Ft
305 Sq Ft Lot

Highlights

  • 5 Boat Docks
  • Pier or Dock
  • Private Pool
  • Water Views
  • Fitness Center
  • Water Oriented

About This Home

As of January 2012

Fully furnished and most utilities included in this first floor Chesapeake end unit in Solomons' most luxurious community. Long-term rental preferred.

Last Agent to Rent the Property

Dan Cannon

(410) 610-7728 cannonred@comcast.net Cannon Real Estate Development License #16905 Listed on: 12/15/2011

Last Renter's Agent

Dan Cannon

(410) 610-7728 cannonred@comcast.net Cannon Real Estate Development License #16905 Listed on: 12/15/2011

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 2000

Lot Details

  • 305

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Window Treatments
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Low Bathroom Mirrors
  • Halls are 36 inches wide or more
  • Doors with lever handles
  • Receding Pocket Doors
  • Entry Slope Less Than 1 Foot
  • Vehicle Transfer Area

Outdoor Features

  • Private Pool
  • Water Oriented
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Tenant pays for utilities - some
  • Rent includes cable TV, electricity, furnished, grounds maintenance, heat, hoa/condo fee, linens/utensils, parking, trash removal, water, sewer
  • No Smoking Allowed
  • Available 12/15/11
  • $35 Application Fee
  • Assessor Parcel Number 0501208772

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior building maintenance, management, insurance, pier/dock maintenance, pool(s), reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Chesapeake
  • Solomons Landing Community
  • The community has rules related to parking rules

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,493

Year Built

Built in 2000

Lot Details

0

Rental Info

  • Date Available: 2011-12-15
  • Application Fee: 35.00
  • Pets Allowed: No
  • Rent Includes: Cable Tv, Electricity, Furnished, Grounds Maintenance, Heat, Hoa/Condo Fee, Linens/Utensils, Parking, Trash Removal, Water, Sewer
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - Some
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Doors - Lever Handle(s), Doors - Recede, Entry Slope <1', Low Bathroom Mirrors, Level Entry - Main, Vehicle Transfer Area
  • Inclusions: ,,Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Interior Amenities: Dining Area, Window Treatments, Entry Level Bedroom, Master Bath(s), Wet/Dry Bar, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 1.28
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • View: Water
  • Water Access: No
  • Water Body Name: BACK CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Gated Community, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Community Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Parking
  • HOA: No

Lot Info

  • Zoning: R

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: 14975298
  • Assessor Parcel Number: 0501208772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2025
Sold by
Smith William H and Smith Royce D
Bought by
Fransual Norita
Current Estimated Value
$351,647

Purchase Details

Closed on
Jul 2, 2024
Sold by
Tax Certificate Consultants Inc
Bought by
Fransual Norita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.94%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 2023
Sold by
Nova Tracy-Soper
Bought by
Tax Certificate Consultants Inc

Purchase Details

Closed on
Apr 24, 1990
Sold by
Solomon'S Landing Limited Ptnrshp
Bought by
Smith William H and Smith Royce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,450
Interest Rate
10.41%
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
Fransual Norita -- None Listed On Document
Norita Fransual -- None Listed On Document
Fransual Norita $313,500 Fidelity National Title
Norita Fransual $313,500 Fidelity National Title
Tax Certificate Consultants Inc $150,000 None Listed On Document
Tax Certificate Consultants Inc $150,000 None Listed On Document
Smith William H $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norita Fransual $313,500
Previous Owner Smith William H $187,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Rented $2,000 0.0% --
01/23/2012 01/23/12 Under Contract -- -- --
12/15/2011 12/15/11 For Rent $2,000 -- --
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 $2,493 $236,133 $0 $0
2024 $2,493 $216,467 $0 $0
2023 $2,045 $196,800 $60,000 $136,800
2022 $2,196 $196,800 $60,000 $136,800
2021 $2,200 $196,800 $60,000 $136,800
2020 $2,200 $196,800 $60,000 $136,800
2019 $2,206 $196,800 $60,000 $136,800
2018 $2,193 $196,800 $60,000 $136,800
2017 $2,220 $196,800 $0 $0
2016 -- $196,800 $0 $0
2015 $2,583 $196,800 $0 $0
2014 $2,583 $196,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004655680

Bright MLS

APN: 01-208772