NOT LISTED FOR SALE

501 Runabout Loop Solomons, MD 20688

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

2 Beds
2 Baths
-- Sq Ft
$570/mo HOA Fee

Last Sold July 02, 2024

Last sale price $313,500

Est. 12% increase in value since last sale

Current estimated payment $2,628/month

129 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Clubhouse
  • Water Access
  • Gated Community
  • 1 Fireplace

About This Home

As of July 2024

*****. Common Area Maintenance, Pier/Dock Maintenance, Pools, Recreation Facility,
Security Gate, Trash, Boat Dock/ Slip, Club House, Elevator, Exercise Room, Gated Community,
Jog/walk Path, Picnic Area, Pier/Dock, Pool-Outdoor, Putting green, Tennis Courts, Tot Lots/ Playground
They also have pickle courts

Last Agent to Sell the Property

tracy dawson

(301) 399-2749 tracydsellshomes@yahoo.com O'Brien Realty ERA Powered Listed on: 01/26/2024

O'Brien Realty ERA Powered

Last Buyer's Agent

Yolanda Taylor

(410) 326-3280 yolanda.taylor@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 2000

Lot Details

  • 305

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 0501208772

Community Details

Overview

  • Association fees include pool(s)
  • Low-Rise Condominium
  • Solomons Landing Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Pier or Dock
  • 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

$2,455

Year Built

Built in 2000

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • 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, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Bay
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 570.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Elevator, Gated Community, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Picnic Area, Putting Green, Pier/Dock, Exercise Room
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2455.00
  • Assessor Parcel Number: 0501208772
  • Tax Lot: 501
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

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

Listed on
Jan 26, 2024
Closed on
Jul 2, 2024
Sold by
Tax Certificate Consultants Inc
Bought by
Fransual Norita
Seller's Agent
tracy dawson
O'Brien Realty ERA Powered
Buyer's Agent
Yolanda Taylor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$355,000
Sold Price
$313,500
Premium/Discount to List
-$41,500
-11.69%
Views
438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
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
07/02/2024 07/02/24 Sold $313,500 +4.5% --
06/03/2024 06/03/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $299,999 -11.8% --
03/24/2024 03/24/24 Price Changed $339,999 -4.2% --
01/26/2024 01/26/24 For Sale $355,000 0.0% --
02/02/2012 02/02/12 Off Market $2,000 -- --
01/31/2012 01/31/12 Rented $2,000 0.0% --
01/26/2012 01/26/12 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: MDCA2014368

Bright MLS

APN: 01-208772