502 Runabout Loop Solomons, MD 20688
Estimated Value: $360,000 - $390,000
2
Beds
2
Baths
1,280
Sq Ft
$575/mo
HOA Fee
Highlights
- 25 Feet of Waterfront
- Pier or Dock
- Fitness Center
- 5 Dock Slips
- Access to Tidal Water
- Fishing Allowed
About This Home
As of May 2024This attractively updated water view unit in the Solomons Landing community offers the perfect waterfront lifestyle. Resort style amenities and quick access to the conveniences of charming Solomons make this an ideal getaway or place to enjoy living year-round. The kitchen features white granite counter surfaces, refurbished cabinetry, and black stainless appliances opening to a spacious main living space, providing flexibility as well as a perfect space for entertaining. There is quality LVF flooring throughout the unit. Recessed lighting and resurfaced ceilings compliment the space. Enjoy extended outdoor living space on the extra large screened deck overlooking the water. Private entrance steps to the unit add to the convenience of first floor living allowing for additional enjoyment of waterside living. The primary bedroom with ensuite bath and large walk-in closet, also accesses the great deck – what a nice spot for coffee in the morning. An additional bedroom can be a guest room or office. The unit has been well maintained, with a recent HVAC and hot water heater and is in a building next to the marina transfer area. Solomons is a weekend destination with its popular riverwalk an hour to the DC beltway, offering restaurants and shops, and other great leisure time activities and attractions in the area, on the Patuxent River just off the Chesapeake Bay.
Last Agent to Sell the Property
Monument Sotheby's International Realty License #622777 Listed on: 03/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,338
Year Built
- Built in 2000
Lot Details
- 25 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Property is in excellent condition
HOA Fees
- $575 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Piling Construction
- HardiePlank Type
Interior Spaces
- 1,280 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Water Views
- Stacked Washer and Dryer
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Parking
- Parking Lot
- Assigned Parking
Accessible Home Design
- Doors are 32 inches wide or more
- Entry Slope Less Than 1 Foot
- Ramp on the main level
- Vehicle Transfer Area
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- 5 Dock Slips
- 6 Powered Boats Permitted
- 6 Non-Powered Boats Permitted
- Lake Privileges
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 502
- Assessor Parcel Number 0501208780
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn 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
- Community Center
- Elevator
Recreation
- Pier or Dock
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Fishing Allowed
- Putting Green
- Jogging Path
Pet Policy
- Limit on the number of pets
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2024
Closed on
May 17, 2024
Sold by
Henry Martha Delynn
Bought by
Daugherty Michele
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Stacey Uhler
JPAR Real Estate Professionals
List Price
$367,500
Sold Price
$367,500
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,396
Avg. Annual Appreciation
0.18%
Purchase Details
Listed on
Apr 11, 2018
Closed on
Jun 29, 2018
Sold by
Green Melvyn Stanley
Bought by
Henry Martha Delynn
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Susan Thompson
Monument Sotheby's International Realty
List Price
$182,000
Sold Price
$182,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$145,600
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2003
Sold by
Green Melvyn S and Green Kathryn L
Bought by
Green Melvyn Stanley
Purchase Details
Closed on
Dec 30, 1993
Sold by
Solomons Landing Lp
Bought by
Green Melvyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7%
Similar Homes in Solomons, MD
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daugherty Michele | $367,500 | Stewart Title | |
| Henry Martha Delynn | $182,000 | None Available | |
| Green Melvyn Stanley | -- | -- | |
| Green Melvyn S | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Henry Martha Delynn | $194,475 | |
| Previous Owner | Henry Martha Delynn | $149,000 | |
| Previous Owner | Henry Martha Delynn | $145,600 | |
| Previous Owner | Green Melvyn | $150,000 | |
| Previous Owner | Green Melvyn S | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $367,500 | 0.0% | $287 / Sq Ft |
| 03/16/2024 03/16/24 | For Sale | $367,500 | +101.9% | $287 / Sq Ft |
| 06/29/2018 06/29/18 | Sold | $182,000 | 0.0% | $135 / Sq Ft |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- |
| 04/11/2018 04/11/18 | For Sale | $182,000 | 0.0% | $135 / Sq Ft |
| 09/09/2014 09/09/14 | Rented | $1,800 | -10.0% | -- |
| 09/08/2014 09/08/14 | Under Contract | -- | -- | -- |
| 05/01/2014 05/01/14 | For Rent | $2,000 | +17.6% | -- |
| 03/12/2012 03/12/12 | Off Market | $1,700 | -- | -- |
| 03/10/2012 03/10/12 | Rented | $2,500 | +47.1% | -- |
| 02/23/2012 02/23/12 | Under Contract | -- | -- | -- |
| 12/31/2011 12/31/11 | For Rent | $1,700 | 0.0% | -- |
| 12/31/2011 12/31/11 | Off Market | $1,700 | -- | -- |
| 07/01/2011 07/01/11 | For Rent | $1,700 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,360 | $204,167 | $0 | $0 |
| 2023 | $2,082 | $185,600 | $60,000 | $125,600 |
| 2022 | $2,079 | $185,600 | $60,000 | $125,600 |
| 2021 | $4,159 | $185,600 | $60,000 | $125,600 |
| 2020 | $2,083 | $185,600 | $60,000 | $125,600 |
| 2019 | $1,947 | $185,600 | $60,000 | $125,600 |
| 2018 | $1,947 | $185,600 | $60,000 | $125,600 |
| 2017 | $2,098 | $185,600 | $0 | $0 |
| 2016 | -- | $185,600 | $0 | $0 |
| 2015 | $2,209 | $185,600 | $0 | $0 |
| 2014 | $2,209 | $185,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Thompson
Seller's Agent in 2024
Susan Thompson
Monument Sotheby's International Realty
(410) 707-6265
14 in this area
29 Total Sales
-
Stacey Uhler
Buyer's Agent in 2024
Stacey Uhler
JPAR Real Estate Professionals
(540) 514-6348
1 in this area
49 Total Sales
-
Dan Cannon
Seller's Agent in 2014
Dan Cannon
Cannon Real Estate Development
(410) 610-7728
7 in this area
8 Total Sales
-
Florentina Killian
Buyer's Agent in 2012
Florentina Killian
Century 21 New Millennium
(240) 925-0268
58 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA2014744
APN: 01-208780
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