$182,000
SOLD JUN 29, 2018

502 Runabout Loop Solomons, MD 20688

2 Beds
2 Baths
1,350 Sq Ft
$485/mo HOA Fee

Recently Sold

$135 Per Sq Ft

37 Days on Market

Highlights

  • 5,000 Feet of Waterfront
  • Pier or Dock
  • Private Pool
  • 5 Dock Slips
  • Fitness Center
  • Gated Community

About This Home

As of May 2024

Convenient to the community marina, waterfront living is at it's best with this home's large screened deck overlooking the water accessing the living room and spacious owners suite. The open floor plan offers flexible entertaining space with kitchen opening to main living area. Enjoy great community amenities and the relaxing Solomons lifestyle.

Last Agent to Sell the Property

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 04/11/2018

Last Buyer's Agent

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 04/11/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 2000

Lot Details

  • 5,000 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Vehicle Transfer Area

Outdoor Features

  • Private Pool
  • Water Access
  • 5 Dock Slips
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Location

  • Property is near a creek

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 0501208780

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Condo Assoc Community
  • Solomons Landing Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Elevator

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,385

Year Built

Built in 2000

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Entry Slope <1', Level Entry - Main, Vehicle Transfer Area
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Remarks Public: Convenient to the community marina, waterfront living is at it's best with this home's large screened deck overlooking the water accessing the living room and spacious owners suite. The open floor plan offers flexible entertaining space with kitchen opening to main living area. Enjoy great community amenities and the relaxing Solomons lifestyle.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Combination Kitchen/Dining, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 134.81
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

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
  • Dock Type: Multiple Slip
  • View: Water
  • Water Access: Yes
  • Water Body Name: BACK CREEK/PATUXENT/CHESAPEAKE BAY
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 5000

Garage/Parking

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

Utilities

  • Refuse: 350.00
  • 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
  • Condo Co-Op Fee: 485.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Community Center, Exercise Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Covenants, Moving Fees Required, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846

Green Features

  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Improvement Assessed Value: 125600.00
  • Land Assessed Value: 60000.00
  • Year Assessed: 2018
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975299
  • Tax Annual Amount: 2384.78
  • Assessor Parcel Number: 0501208780
  • Tax Lot: 502
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/29/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Waterfront Features: Shared

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

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
$377,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,491
Avg. Annual Appreciation
0.16%

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%
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 Type Sale Price Title Company
Deed $367,500 Stewart Title
Deed $182,000 None Available
Deed -- --
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $194,475 New Conventional
Previous Owner $149,000 New Conventional
Previous Owner $145,600 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $162,000 No Value Available
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

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 $2,360 $222,733 $0 $0
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

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Map

Source: Bright MLS

MLS Number: 1000383488

Bright MLS

APN: 01-208780