$313,500
SOLD JUL 2, 2024

501 Runabout Loop Solomons, MD 20688

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

Recently Sold

12% Below List Price

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

O'Brien Realty ERA Powered Listed on: 01/26/2024

O'Brien Realty ERA Powered

Last Buyer's Agent

Yolanda Taylor

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

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 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
  • Remarks Public: *****. 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
  • 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
  • Street Number Modifier: 501

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: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: U
  • Year Assessed: 2024
  • 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
  • Close Date: 07/02/2024

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
$331,460

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
3.94%
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

Similar Homes in Solomons, MD

  • 534 Runabout Loop, Solomons, MD 20688

    $360,000

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 534 Runabout Loop
    • Solomons, MD

    Discover a serene haven in this top-floor condo boasting breathtaking water views. With new flooring in the main bedroom and living areas, this home combines comfort and modern upgrades. The kitchen features a brand-new refrigerator. Offering ,a main bedroom with an en suite full bath, the second bedroom could also serve as an office the layout is spacious and inviting. Fresh and newly

    Kimberly Briscoe Berkshire Hathaway HomeServices PenFed Realty

    Section Image
  • 1104 Back Creek Loop, Solomons, MD 20688

    $384,900

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1104 Back Creek Loop
    • Solomons, MD

    Resort-Style Waterfront Living in Solomons Landing!Welcome to this beautifully updated 2-bedroom, 2-bath, 1,200 sq ft waterfront condo offering resort-style living. From the moment you walk in, you're greeted by soaring 10-foot ceilings, recessed lighting, gleaming floors, and a stunning three-sided gas fireplace. Natural light pours in through the large windows, framing captivating water views

    Mark Frisco CENTURY 21 New Millennium

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $313,500 Fidelity National Title
Deed $150,000 None Listed On Document
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $313,500 VA
Previous Owner $187,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2014368

Bright MLS

APN: 01-208772