$184,900
SOLD MAR 5, 2014

506 Runabout Loop Solomons, MD 20688

1 Bed
1 Bath
-- Sq Ft
$475/mo HOA Fee

Recently Sold

13% Below List Price

208 Days on Market

Highlights

  • 5 Boat Docks
  • Pier or Dock
  • Water Access
  • Water Views
  • Home fronts navigable water
  • Fitness Center

About This Home

As of September 2020

Marina Living and great water view in Solomons-AMENITIES-perfect lifestyle! Enjoy watching the marina activity-relax in the community gazebo.Lives like 2BR with bonus room that can be used as a bedroom, den, office, sitting room This open floor plan is very flexible. Great upgrades in beautiful kitchen and bath-great storage too, with extra large walk-in and other closet space.

Last Agent to Sell the Property

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 07/05/2013

Last Buyer's Agent

Barbara Streett

Baldus Real Estate, Inc. License #63942

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 2000

Lot Details

  • Home fronts navigable water

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Window Treatments
  • Water Views
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: E4
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Ramp on the main level

Outdoor Features

  • Private Pool
  • Water Access
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 506
  • Assessor Parcel Number 0501208829

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), trash, reserve funds, road maintenance, security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • Solomons Landing Subdivision
  • The community has rules related to moving in times

Amenities

  • Common Area
  • Community Center

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,967

Year Built

Built in 2000

Lot Details

0

HOA Fees

$475 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, Level Entry - Main, Elevator, Entry Slope <1', Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Remarks Public: Marina Living and great water view in Solomons-AMENITIES-perfect lifestyle! Enjoy watching the marina activity-relax in the community gazebo.Lives like 2BR with bonus room that can be used as a bedroom, den, office, sitting room This open floor plan is very flexible. Great upgrades in beautiful kitchen and bath-great storage too, with extra large walk-in and other closet space.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: E4

Utilities

  • Refuse: 115.00
  • 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
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Exercise Room, Elevator, Gated Community, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Trash, Reserve Funds, Road Maintenance, Security Gate
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 136800.00
  • Land Assessed Value: 47700.00
  • Year Assessed: 2013
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975276
  • Tax Annual Amount: 1967.38
  • Assessor Parcel Number: 0501208829
  • Tax Lot: 506
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 03/05/2014

Multi Family

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

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
$345,763

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%
Source: Public Records

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
Deed $208,000 Maryland Trust T&E Llc
Deed $184,900 Interstate Title & Escrow Ll
Trustee Deed $131,000 None Available
Deed $245,000 --
Deed $245,000 --
Deed -- None Available
Deed $190,000 --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Closed $208,000 New Conventional
Closed $208,000 New Conventional
Previous Owner $188,673 New Conventional
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $140,000 No Value Available
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

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 $2,199 $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

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

Map

Source: Bright MLS

MLS Number: 1003607448

Bright MLS

APN: 01-208829