NOT LISTED FOR SALE

532 Runabout Loop Solomons, MD 20688

Estimated Value: $344,000 - $483,000

2 Beds
2 Baths
1,600 Sq Ft
$595/mo HOA Fee

Last Sold June 07, 2022

Last sale price $365,000 $228 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,210/month

2 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Clubhouse
  • Boat Dock
  • Gated Community
  • Loft

About This Home

As of June 2022

Top level condo with partial waterview & 35 x 15 Boat slip (S-10) & dockbox. Two bedroom with a loft. Hardwood floors in main living areas. Deck has a partial view of the water. New: washer, dryer, refrigerator, kitchen floor & carpet in master. Wood burning fireplace has had recent inspection. Parking space is E-18.

Last Agent to Sell the Property

Carol Kalmus-Choporis

CENTURY 21 New Millennium License #97024 Listed on: 05/14/2022

CENTURY 21 New Millennium

Co-Listed By

Cynthia Crispell

CENTURY 21 New Millennium

Last Buyer's Agent

Tig Wright

Redfin Corp License #5004549

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 2000

Lot Details

  • 1,220

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Loft
  • Water Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 532
  • Assessor Parcel Number 0501208926

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), recreation facility, security gate, trash
  • Low-Rise Condominium
  • Solomons Landing Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,978

Year Built

Built in 2000

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-14
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Top level condo with partial waterview & 35 x 15 Boat slip (S-10) & dockbox. Two bedroom with a loft. Hardwood floors in main living areas. Deck has a partial view of the water. New: washer, dryer, refrigerator, kitchen floor & carpet in master. Wood burning fireplace has had recent inspection. Parking space is E-18.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Loft
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 237.44
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 532

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: Vinyl Siding
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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: 595.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Pier/Dock, Picnic Area, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Security Gate, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2978.00
  • Assessor Parcel Number: 0501208926
  • Tax Lot: 532
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/07/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2005
Sold by
Knoche Douglas A and Knoche Mary K
Bought by
Taylor Geoffrey Branch and Taylor Wendy
Current Estimated Value
$423,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,848,000
Outstanding Balance
$1,578,021
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
-$1,163,905

Purchase Details

Closed on
Sep 2, 2005
Sold by
Knoche Douglas A and Knoche Mary K
Bought by
Taylor Geoffrey Branch and Taylor Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,848,000
Outstanding Balance
$1,578,021
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
-$1,163,905

Purchase Details

Closed on
Dec 7, 1990
Sold by
Solomon'S Landing Limited Ptnrshp
Bought by
Knoche Douglas A and Knoche Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
9.81%
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 Buyer Sale Price Title Company
Taylor Geoffrey Branch $356,000 --
Taylor Geoffrey Branch $356,000 Bridgeview Title Llc
Knoche Douglas A $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Geoffrey Branch $235,865
Open Taylor Geoffrey Branch $2,848,000
Closed Taylor Geoffrey Branch $35,550
Previous Owner Knoche Douglas A $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $365,000 -3.9% $228 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $379,900 -- $237 / Sq Ft
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 $3,099 $272,700 $0 $0
2023 $2,722 $247,200 $60,000 $187,200
2022 $2,719 $247,200 $60,000 $187,200
2021 $2,719 $247,200 $60,000 $187,200
2020 $2,726 $247,200 $60,000 $187,200
2019 $2,593 $247,200 $60,000 $187,200
2018 $2,593 $247,200 $60,000 $187,200
2017 $2,753 $247,200 $0 $0
2016 -- $247,200 $0 $0
2015 $3,165 $247,200 $0 $0
2014 $3,165 $247,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2005910

Bright MLS

APN: 01-208926