521 Runabout Loop Unit 521 Solomons, MD 20688
Estimated Value: $375,641 - $444,000
2
Beds
2
Baths
1,560
Sq Ft
$485/mo
HOA Fee
Highlights
- Marina
- Water Views
- Access to Tidal Water
- 5 Dock Slips
- Home fronts navigable water
- Fitness Center
About This Home
As of October 2019This light and bright , well maintained waterfront condo with open floor plan is the perfect getaway or place to call home. The main living area opens to den/office offering great flexibility. Relax in large owners suite with en-suite bath. The unit features deck overlooking the water, location convenient for boaters, the building being located right next to the marina. Enjoy the Solomons waterfront lifestyle and great community amenities
Last Agent to Sell the Property
Monument Sotheby's International Realty License #622777 Listed on: 09/27/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,667
Year Built
- Built in 2000
Lot Details
- Home fronts navigable water
- Creek or Stream
- Property is in very good condition
HOA Fees
- $485 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Contemporary Architecture
- Piling Construction
- HardiePlank Type
Interior Spaces
- 1,560 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Wet Bar
- Ceiling height of 9 feet or more
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Carpet
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Soaking Tub
- Bathtub with Shower
Home Security
Parking
- Parking Lot
- 1 Assigned Parking Space
Accessible Home Design
- Accessible Elevator Installed
- Doors are 32 inches wide or more
- Entry Slope Less Than 1 Foot
- Vehicle Transfer Area
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- 5 Dock Slips
- Shared Waterfront
- Powered Boats Permitted
- Lake Privileges
Utilities
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 521
- Assessor Parcel Number 0501208837
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pier/dock maintenance, pool(s), reserve funds, road maintenance, security gate, snow removal, trash
- Low-Rise Condominium
- Solomons Landing Condo Association Condos
- Solomons Landing Subdivision
- Property Manager
Amenities
- Picnic Area
- Common Area
- Community Center
- Meeting Room
Recreation
- Marina
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Fishing Allowed
- Putting Green
- Jogging Path
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2019
Closed on
Oct 30, 2019
Sold by
Gardner William T and Gardner Ruth T
Bought by
Schutte Janie A
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Pam Aley
O'Brien Realty ERA Powered
List Price
$245,000
Sold Price
$245,000
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
$168,660
Avg. Annual Appreciation
8.17%
Original Mortgage
$122,500
Outstanding Balance
$109,126
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$272,427
Purchase Details
Closed on
Aug 1, 2011
Sold by
Giacone Michael and Giacone Michael
Bought by
Gardner William T
Purchase Details
Closed on
Jul 25, 2011
Sold by
Giacone Michael and Giacone Linda
Bought by
Gardner William T and Gardner Ruth T
Purchase Details
Closed on
Nov 7, 2002
Sold by
Pruitt J Adams Joyce F
Bought by
Giacone Michael and Giacone Linda
Similar Homes in Solomons, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schutte Janie A | $245,000 | Blue Crab Title & Escrow Llc | |
| Gardner William T | $260,000 | -- | |
| Gardner William T | $260,000 | -- | |
| Gardner William T | $260,000 | Bridgeview Title Llc | |
| Gardner William T | $260,000 | -- | |
| Gardner William T | $260,000 | -- | |
| Giacone Michael | $234,945 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schutte Janie A | $122,500 | |
| Closed | Giacone Michael | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2019 10/30/19 | Sold | $245,000 | 0.0% | $157 / Sq Ft |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | For Sale | $245,000 | -- | $157 / Sq Ft |
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 | $2,883 | $252,667 | $0 | $0 |
| 2023 | $2,596 | $235,000 | $60,000 | $175,000 |
| 2022 | $2,524 | $228,400 | $0 | $0 |
| 2021 | $5,048 | $221,800 | $0 | $0 |
| 2020 | $2,392 | $215,200 | $60,000 | $155,200 |
| 2019 | $2,257 | $215,200 | $60,000 | $155,200 |
| 2018 | $2,257 | $215,200 | $60,000 | $155,200 |
| 2017 | $2,350 | $215,200 | $0 | $0 |
| 2016 | -- | $215,200 | $0 | $0 |
| 2015 | -- | $215,200 | $0 | $0 |
| 2014 | -- | $215,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Thompson
Seller's Agent in 2019
Susan Thompson
Monument Sotheby's International Realty
(410) 707-6265
14 in this area
29 Total Sales
-
Pam Aley
Buyer's Agent in 2019
Pam Aley
O'Brien Realty
(443) 624-9038
3 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA172452
APN: 01-208837
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