$1,410,000
SOLD FEB 10, 2020

5311 Solomons Island Rd Lothian, MD 20711

6 Beds
2 Baths
-- Sq Ft
99.63 Acres

Recently Sold

28% Below List Price

638 Days on Market

Highlights

  • 99.63 Acre Lot
  • Traditional Floor Plan
  • Attic
  • Pasture Views
  • Farmhouse Style Home
  • No HOA

About This Home

As of April 2020

185-acre farm w/ 4 land parcels in AA County--excellent location for equestrian estate. Original 1930s farmhouse w 6 bdrms, built-ins, & hardwood. Convert to tenant or guest house, or live there while you build your dream home. Spring-fed stream could be dammed for pond. Substantial frontage on Solomons Island Rd. Suitable for hunting, some woods. Ag preservation permits 2 add'l building lots.

Last Agent to Sell the Property

Tracy Koch

Maryland Land Real Estate Advisors Listed on: 03/05/2018

Last Buyer's Agent

Kaitlyn May

May Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1930

Lot Details

  • 99.63 Acre Lot
  • 3 additional parcels: 24-ac (Tax ID 020800000656530), 43.37-ac (Tax ID 020800000656553), and 18.72 (Tax ID 020100003232700).
  • Property is zoned RA

Home Design

  • Farmhouse Style Home
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dining Area
  • Pasture Views
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

Outdoor Features

  • Shed

Schools

  • Lothian Elementary School
  • Southern Middle School
  • Southern High School

Farming

  • Tobacco Barn
  • Horse Farm

Utilities

  • Window Unit Cooling System
  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 020800090026454

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Remarks Public: 185-acre farm w/ 4 land parcels in AA County--excellent location for equestrian estate. Original 1930s farmhouse w 6 bdrms, built-ins, & hardwood. Convert to tenant or guest house, or live there while you build your dream home. Spring-fed stream could be dammed for pond. Substantial frontage on Solomons Island Rd. Suitable for hunting, some woods. Ag preservation permits 2 add'l building lots.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Center Hall
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5311

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Barn
  • Other Structures List: Shed, Barn, Tobacco Barn
  • Construction Materials: Frame
  • Pool Private: No
  • View: Pasture
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: LOTHIAN
  • Middle School: SOUTHERN
  • High School: SOUTHERN
  • School District Key: 121140671932
  • Elementary School: LOTHIAN
  • High School: SOUTHERN
  • Middle Or Junior School: SOUTHERN

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 3 additional parcels: 24-ac (Tax ID 020800000656530), 43.37-ac (Tax ID 020800000656553), and 18.72 (Tax ID 020100003232700).
  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Improvement Assessed Value: 231500.00
  • Land Assessed Value: 240600.00
  • Lot Size Acres: 99.63
  • Lot Size Area: 4339883
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4339883.00
  • Property Attached Yn: No
  • Property Condition: As-Is Condition
  • Year Assessed: 2017
  • Zoning: RA
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15331779
  • Tax Annual Amount: 5108.70
  • Assessor Parcel Number: 020800090026454
  • Tax Total Finished Sq Ft: 3592
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/10/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Apr 15, 2020
Sold by
5046 Llc
Bought by
Bonner Perry T and Bonner Marcella W
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Bill Beam
Beam Realty Group, Inc.
List Price
$1,684,134
Sold Price
$1,684,134
Current Estimated Value
$1,292,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$391,603
Avg. Annual Appreciation
-5.60%
Original Mortgage
$1,347,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Feb 10, 2020
Sold by
Thornton Holdings Llc
Bought by
5046 Llc
Seller's Agent
Tracy Koch
Maryland Land Real Estate Advisors
Buyer's Agent
Kaitlyn May
May Realty
List Price
$1,950,000
Sold Price
$1,410,000
Premium/Discount to List
-$540,000
-27.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.32%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Hall V William H
Bought by
Thornton Holding Llc
Source: Public Records

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Range of Values:

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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 $1,684,134 Eagle Title Llc
Deed $1,410,000 Freestate Ttl Svcs Of Annapo
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,347,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 For Sale $1,684,134 0.0% $469 / Sq Ft
04/14/2020 04/14/20 Sold $1,684,134 +19.4% $469 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
02/10/2020 02/10/20 Sold $1,410,000 -11.9% --
12/03/2019 12/03/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $1,600,000 -17.9% --
04/15/2019 04/15/19 Price Changed $1,950,000 0.0% --
04/15/2019 04/15/19 For Sale $1,950,000 +38.3% --
03/11/2019 03/11/19 Off Market $1,410,000 -- --
10/08/2018 10/08/18 Price Changed $2,200,000 -8.3% --
03/05/2018 03/05/18 For Sale $2,400,000 0.0% --
03/20/2013 03/20/13 Rented $2,295 0.0% --
03/20/2013 03/20/13 Under Contract -- -- --
12/26/2012 12/26/12 For Rent $2,295 -- --
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 $1,420 $621,633 $0 $0
2023 $1,654 $577,700 $351,100 $226,600
2022 $1,568 $577,700 $351,100 $226,600
2021 $1,568 $577,700 $351,100 $226,600
2020 $1,488 $583,600 $368,100 $215,500
2019 $0 $546,433 $0 $0
2018 $5,164 $509,267 $0 $0
2017 $1,323 $472,100 $0 $0
2016 -- $443,833 $0 $0
2015 -- $415,567 $0 $0
2014 -- $387,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000232748

Bright MLS

APN: 08-000-90026454