NOT LISTED FOR SALE

523 Oyster Bay Place Unit 302 Solomons, MD 20688

Estimated Value: $516,000 - $584,000

2 Beds
2 Baths
-- Sq Ft
$377/mo HOA Fee

Highlights

  • 1 Dock Slip
  • Pier
  • Home fronts navigable water
  • Water Views
  • Pier or Dock
  • Fitness Center

About This Home

As of November 2024

Comfort and elegance best describe this incredible furnished condo in beautiful Oyster Bay. Enjoy the gorgeous sunsets on the covered patio overlooking Back Creek. This two bedroom, two bath condo also has a den that could be used as an office or craft room. The well appointed kitchen has everything you need to create that gourmet meal that can be enjoyed either in the eat-in kitchen or huge dining room. The master suite features beautiful windows to bring in the natural light and a huge walk-in closet. Master bathroom boasts a soaking tube and double sinks. Tenant will also enjoy the use of the community pool, workout room pickle ball courts and beautiful clubhouse. Rent also includes covered parking in the garage as well as a small outside storage area.

Last Agent to Rent the Property

Cindy Taylor

(443) 255-2794 cataylor88@outlook.com Samson Properties Listed on: 08/23/2024

Last Renter's Agent

Chet Taylor

(443) 758-1361 chtaylor95@outlook.com Samson Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Fireplace Mantel
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,700
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/1/24
  • Assessor Parcel Number 0501213636

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Built by OYSTER BAY
  • Oyster Bay Condominiums Subdivision, Constellation Floorplan
  • Oyster Bay Condo Community

Amenities

  • Party Room
  • Elevator

Recreation

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

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,255

Year Built

Built in 2005

Lot Details

0

HOA Fees

$377 per month

Parking

1

Rental Info

  • Date Available: 2024-09-01
  • Furnished: Yes
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Security Deposit: 2700.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main
  • Exclusions: One closet in the master bedroom locked for owner's storage use.
  • Inclusions: Boat slip C-8, outdoor storage area, covered parking
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2005
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Dining Area, Built-Ins, Elevator, Entry Level Bedroom, Primary Bath(s), Whirlpool/Hottub, Upgraded Countertops, Floor Plan - Open
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Combination, Brick
  • View: Water
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, 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: 377.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Jog/Walk Path, Party Room, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: TC

Building Info

  • Builder Name: OYSTER BAY

Tax Info

  • Assessor Parcel Number: 0501213636

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
Booth Wilbert John and Booth Linda
Bought by
Booth Wilbert John and Booth Linda
Current Estimated Value
$550,194

Purchase Details

Closed on
Apr 13, 2005
Sold by
Oyster Bay Llc
Bought by
Booth Wilbert J and Booth Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$153,295
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$396,899

Purchase Details

Closed on
Mar 25, 2005
Sold by
Oyster Bay Llc
Bought by
Booth Wilbert J and Booth Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$153,295
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$396,899
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Booth Wilbert John -- None Available
Booth Wilbert J $465,000 --
Booth Wilbert J $485,000 First Horizon Title Group Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Wilbert J $388,000
Closed Booth Wilbert J $48,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Rented $2,600 -3.7% --
10/03/2024 10/03/24 Price Changed $2,700 -3.6% --
08/23/2024 08/23/24 For Rent $2,800 +7.7% --
08/01/2023 08/01/23 Rented $2,600 0.0% --
06/21/2023 06/21/23 Under Contract -- -- --
05/27/2023 05/27/23 Price Changed $2,600 -3.7% --
03/08/2023 03/08/23 Price Changed $2,700 -3.6% --
01/28/2023 01/28/23 For Rent $2,800 +7.7% --
07/04/2022 07/04/22 Rented $2,600 0.0% --
05/14/2022 05/14/22 Under Contract -- -- --
04/27/2022 04/27/22 For Rent $2,600 -- --
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 $4,255 $397,600 $0 $0
2024 $4,255 $379,800 $0 $0
2023 $3,915 $362,000 $150,000 $212,000
2022 $3,912 $362,000 $150,000 $212,000
2021 $3,924 $362,000 $150,000 $212,000
2020 $3,924 $362,000 $150,000 $212,000
2019 $3,939 $362,000 $150,000 $212,000
2018 $3,926 $362,000 $150,000 $212,000
2017 $3,978 $362,000 $0 $0
2016 -- $362,000 $0 $0
2015 $4,887 $362,000 $0 $0
2014 $4,887 $362,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2017400

Bright MLS

APN: 01-213636