506 Runabout Loop Solomons, MD 20688
Estimated Value: $322,051 - $387,000
2
Beds
1
Bath
--
Sq Ft
$505/mo
HOA Fee
Highlights
- Water Views
- Access to Tidal Water
- Fishing Allowed
- Home fronts navigable water
- Fitness Center
- Gated Community
About This Home
As of September 2020PRESTIGIOUS GATED COMMUNITY -----SPECTACULAR WATERFRONT VIEW---- Relax on your Water Front Deck, Go Kayaking or just enjoy the Bay Breezes within steps to Community Docks, Landscaped Gardens and Gazebo. Two Bedroom, One Bath with jetted tub. Spacious Open Concept w/Kitchen, Family Room, Dining Room and Fireplace. $505. Mo. HOA's fees offer endless amenities such as : Spectacular Swimming Pool, 2 Tennis Courts, Basketball, Kid's Play Area, Putting Green, Pavilion, Full equipped Fitness Center, Dog Play Area, Go Jogging, Running or Hiking on the Endless Nature Trails. Only minutes from Restaurants & Shopping. NEW HEAT PUMP
Last Agent to Sell the Property
Baldus Real Estate, Inc. License #63942 Listed on: 06/09/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,474
Year Built
- Built in 2000
Lot Details
- Home fronts navigable water
- Creek or Stream
- Property is in very good condition
HOA Fees
- $505 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Traditional Architecture
- HardiePlank Type
Interior Spaces
- Property has 3 Levels
- Den
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Powered Boats Permitted
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0501208829
Community Details
Overview
- Association fees include exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, electricity, lawn care front, lawn care rear, lawn care side, snow removal, trash
- Low-Rise Condominium
- Solomons Landing Subdivision
- Property Manager
Amenities
- Picnic Area
- Common Area
- Clubhouse
- Community Center
- Recreation Room
- Elevator
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Fishing Allowed
- Putting Green
- Jogging Path
Pet Policy
- Limit on the number of pets
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2020
Closed on
Sep 16, 2020
Sold by
Weeks Katherine A
Bought by
Frankle Ryan
Seller's Agent
Barbara Streett
Baldus Real Estate, Inc.
Buyer's Agent
Scott Cleary
RE/MAX One
List Price
$220,000
Sold Price
$208,000
Premium/Discount to List
-$12,000
-5.45%
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
$137,763
Avg. Annual Appreciation
9.88%
Original Mortgage
$208,000
Outstanding Balance
$187,083
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$138,624
Purchase Details
Listed on
Jul 5, 2013
Closed on
Mar 5, 2014
Sold by
S-2 Properties Llc
Bought by
Weeks Katherine A
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Barbara Streett
Baldus Real Estate, Inc.
List Price
$212,000
Sold Price
$184,900
Premium/Discount to List
-$27,100
-12.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$188,673
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2013
Sold by
Daniels Jennene
Bought by
S-2 Properties Llc
Purchase Details
Closed on
Jun 26, 2007
Sold by
Lankenau Priscilla S
Bought by
Daniels Jennene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2007
Sold by
Lankenau Priscilla S
Bought by
Daniels Jennene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 2005
Sold by
Robinson Maurine M
Bought by
Manning Thomas R
Purchase Details
Closed on
Mar 4, 2004
Sold by
Manning Thomas R
Bought by
Lankenau Priscilla S and Siner Kimberly W
Purchase Details
Closed on
May 3, 1995
Sold by
Hms Solomons
Bought by
Robinson Maureen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.36%
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 |
|---|---|---|---|
| Frankle Ryan | $208,000 | Maryland Trust T&E Llc | |
| Weeks Katherine A | $184,900 | Interstate Title & Escrow Ll | |
| S-2 Properties Llc | $131,000 | None Available | |
| Daniels Jennene | $245,000 | -- | |
| Daniels Jennene | $245,000 | -- | |
| Manning Thomas R | -- | None Available | |
| Lankenau Priscilla S | $190,000 | -- | |
| Robinson Maureen M | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frankle Ryan | $208,000 | |
| Closed | Frankle Ryan | $208,000 | |
| Closed | Frankle Ryan | $208,000 | |
| Previous Owner | Weeks Katherine A | $188,673 | |
| Previous Owner | Daniels Jennene | $196,000 | |
| Previous Owner | Daniels Jennene | $196,000 | |
| Previous Owner | Robinson Maureen M | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2020 09/17/20 | Sold | $208,000 | -1.0% | -- |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | Price Changed | $210,000 | -4.5% | -- |
| 06/09/2020 06/09/20 | For Sale | $220,000 | +19.0% | -- |
| 03/05/2014 03/05/14 | Sold | $184,900 | 0.0% | -- |
| 01/29/2014 01/29/14 | Pending | -- | -- | -- |
| 01/12/2014 01/12/14 | Price Changed | $184,900 | -7.5% | -- |
| 09/23/2013 09/23/13 | Price Changed | $199,900 | -2.4% | -- |
| 08/12/2013 08/12/13 | Price Changed | $204,900 | -3.3% | -- |
| 07/05/2013 07/05/13 | For Sale | $212,000 | -- | -- |
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 | $2,493 | $216,467 | $0 | $0 |
| 2023 | $2,199 | $196,800 | $60,000 | $136,800 |
| 2022 | $2,196 | $196,800 | $60,000 | $136,800 |
| 2021 | $4,392 | $196,800 | $60,000 | $136,800 |
| 2020 | $2,200 | $196,800 | $60,000 | $136,800 |
| 2019 | $2,064 | $196,800 | $60,000 | $136,800 |
| 2018 | $2,064 | $196,800 | $60,000 | $136,800 |
| 2017 | $2,173 | $196,800 | $0 | $0 |
| 2016 | -- | $192,700 | $0 | $0 |
| 2015 | $2,336 | $188,600 | $0 | $0 |
| 2014 | $2,336 | $184,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Streett
Seller's Agent in 2020
Barbara Streett
Baldus Real Estate, Inc.
(301) 751-8950
1 in this area
8 Total Sales
-
Scott Cleary
Buyer's Agent in 2020
Scott Cleary
RE/MAX
(301) 367-4738
3 in this area
64 Total Sales
-
Susan Thompson
Seller's Agent in 2014
Susan Thompson
Monument Sotheby's International Realty
(410) 707-6265
14 in this area
29 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA176804
APN: 01-208829
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