NOT LISTED FOR SALE

533 Oyster Bay Place Dowell, MD 20629

Estimated Value: $604,000 - $659,000

3 Beds
3 Baths
2,100 Sq Ft
$625/mo HOA Fee

Last Sold March 18, 2024

Last sale price $605,000 $288 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,549/month

Highlights

  • Private Dock Site
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Fitness Center
  • Open Floorplan

About This Home

As of March 2024

PHOTOS COMING SOON...Amazing Waterfront Penthouse Condo with Exquisite Waterview of Back Creek!! Relax & Enjoy Peaceful & Serene Waterview’s from your Large Covered Balcony! Comes with one of the Best Boat Slips-E22/approximately 55’ & 6’ MLW, located at the end of the pier with easy in and out. This beautiful Penthouse Condo has just been Professionally Painted! Well Maintained with mostly Hardwood Floors & Ceramic Tile. Extraordinary Two-Level Penthouse…. The Main Level Features an Open Floor Plan with Entrance Foyer, Living Room with Spectacular Waterview’s which leads out to the Large Balcony, has Vaulted Ceiling, Built-In Shelving, Wall TV conveys & Fireplace. Gorgeous & Well-Equipped Kitchen with Ceramic Tile Flooring, Island with Breakfast Bar, Maple Cabinets, Granite, Stainless Appliances, 2 Story Ceiling & Kitchen Table Space plus there is a Separate Dining Area with Beautiful Columns & Chair Rail Molding. The Main Level Primary Owner's Suite has Spectacular Waterview’s, Trey Ceiling, Plantation Shutters & Walk-In-Closet. The Primary Bathroom has a Soaking Tub, Double Sink, Separate Shower & Ceramic Tile Flooring. There is also a 2nd Bedroom on the Main Level & Hall Bath. The Upstairs Loft Area/3rd Bedroom with 2nd Balcony, Carpet & Full Bath. This Beautiful Home has been Well Maintained and Shows Very Well! New Washer & Dryer in 2020, New Refrigerator in 2021. First Floor Covered Parking Area with Two Assigned Spaces & Outdoor Storage Cage. Picturesque Setting Full of Nature & Gorgeous Waterview’s!!! You will Enjoy Simplifying your Living & having all the Vibes of Being on Vacation!!! Plus there are so many Community Amenities which include the ClubHouse with a Gathering Room/Gym/Wet Bar & Swimming Pool, Tennis Courts, PickleBall Courts, Kayak/ Canoe/ Paddle Board Launch/Storage Area, Pond with Fountain, Boardwalk/Pier, Walking Trails, & Crabbing/Fishing/Grilling at water’s edge. Very close to Solomons Island which is located between the Chesapeake Bay & Patuxent River. Solomons Island is a great place to enjoy Shopping, Island Tours, Art Galleries, Marinas, Charter Fishing, Calvert Marine Museum, Water Sports, Lighthouse Tours, also close to Anne Marie Gardens Art Center!

Last Agent to Sell the Property

Debbie Balderson

O'Brien Realty ERA Powered License #325853 Listed on: 02/16/2024

O'Brien Realty ERA Powered

Last Buyer's Agent

Kimberly St. Laurent

RE/MAX One License #672214

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,130

Year Built

  • Built in 2004

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Assigned parking located at #2
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Limit On Boat Length
  • Private Dock Site
  • Powered Boats Permitted
  • Deck
  • Porch

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 402
  • Assessor Parcel Number 0501242431

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pier/dock maintenance, reserve funds, snow removal, trash, pool(s)
  • Low-Rise Condominium
  • Oyster B Condos
  • Oyster Bay Condominiums Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,130

Year Built

Built in 2004

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-16
  • Federal Flood Zone: No
  • Year Built: 2004
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: PHOTOS COMING SOON...Amazing Waterfront Penthouse Condo with Exquisite Waterview of Back Creek!! Relax & Enjoy Peaceful & Serene Waterview’s from your Large Covered Balcony! Comes with one of the Best Boat Slips-E22/approximately 55’ & 6’ MLW, located at the end of the pier with easy in and out. This beautiful Penthouse Condo has just been Professionally Painted! Well Maintained with mostly Hardwood Floors & Ceramic Tile. Extraordinary Two-Level Penthouse…. The Main Level Features an Open Floor Plan with Entrance Foyer, Living Room with Spectacular Waterview’s which leads out to the Large Balcony, has Vaulted Ceiling, Built-In Shelving, Wall TV conveys & Fireplace. Gorgeous & Well-Equipped Kitchen with Ceramic Tile Flooring, Island with Breakfast Bar, Maple Cabinets, Granite, Stainless Appliances, 2 Story Ceiling & Kitchen Table Space plus there is a Separate Dining Area with Beautiful Columns & Chair Rail Molding. The Main Level Primary Owner's Suite has Spectacular Waterview’s, Trey Ceiling, Plantation Shutters & Walk-In-Closet. The Primary Bathroom has a Soaking Tub, Double Sink, Separate Shower & Ceramic Tile Flooring. There is also a 2nd Bedroom on the Main Level & Hall Bath. The Upstairs Loft Area/3rd Bedroom with 2nd Balcony, Carpet & Full Bath. This Beautiful Home has been Well Maintained and Shows Very Well! New Washer & Dryer in 2020, New Refrigerator in 2021. First Floor Covered Parking Area with Two Assigned Spaces & Outdoor Storage Cage. Picturesque Setting Full of Nature & Gorgeous Waterview’s!!! You will Enjoy Simplifying your Living & having all the Vibes of Being on Vacation!!! Plus there are so many Community Amenities which include the ClubHouse with a Gathering Room/Gym/Wet Bar & Swimming Pool, Tennis Courts, PickleBall Courts, Kayak/ Canoe/ Paddle Board Launch/Storage Area, Pond with Fountain, Boardwalk/Pier, Walking Trails, & Crabbing/Fishing/Grilling at water’s edge. Very close to Solomons Island which is located between the Chesapeake Bay & Patuxent River. Solomons Island is a great place to enjoy Shopping, Island Tours, Art Galleries, Marinas, Charter Fishing, Calvert Marine Museum, Water Sports, Lighthouse Tours, also close to Anne Marie Gardens Art Center!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Partially Carpeted
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Tray Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 285.67
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 533

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Architectural Shingle
  • View: Creek/Stream, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Length Limit, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Parking Lot

Utilities

  • Refuse: 350.00
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 625.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Oyster B
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Elevator, Exercise Room, Extra Storage, Picnic Area, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Snow Removal, Trash, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139842846
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 010
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: TC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5130.00
  • Assessor Parcel Number: 0501242431
  • Tax Lot: 402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/18/2024

Multi Family

  • Mean Low Water Feet: 6
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 18, 2024
Sold by
Thurston Barry and Thurston Lisa
Bought by
Meier Glenn William and Meier Patricia J
Seller's Agent
Debbie Balderson
O'Brien Realty ERA Powered
Buyer's Agent
Kimberly St. Laurent
RE/MAX One
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Views
59
Current Estimated Value
$639,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,698
Avg. Annual Appreciation
3.61%
Original Mortgage
$574,750
Outstanding Balance
$566,316
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$70,177

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 13, 2019
Sold by
Stenson John and Jennison Carrie
Bought by
Thurston Barry and Thurston Lisa
Seller's Agent
Deanne Daugherty
Coldwell Banker Realty
Buyer's Agent
Deanne Daugherty
Coldwell Banker Realty
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$439,025
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Nov 14, 2017
Closed on
Oct 17, 2018
Sold by
Lamb Ingrid
Bought by
Jennison Carrie and Stenson John
Seller's Agent
Patricia Grover
O'Brien Realty ERA Powered
Buyer's Agent
Deanne Daugherty
Coldwell Banker Realty
List Price
$459,000
Sold Price
$405,000
Premium/Discount to List
-$54,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Lamb Ingrid K
Bought by
Lamb Ingrid K and Ingrid K Lamb Living Trust

Purchase Details

Closed on
Apr 28, 2005
Sold by
Oyster Bay Llc
Bought by
Lamb Ingrid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,875
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2005
Sold by
Oyster Bay Llc
Bought by
Lamb Ingrid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,875
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Meier Glenn William $605,000 Maryland Trust Title
Thurston Barry $425,000 True North T&E Llc
Jennison Carrie $405,000 Foote Title Ins Agency Inc
Lamb Ingrid K -- None Available
Lamb Ingrid K $555,000 --
Lamb Ingrid K $575,000 First Horizon Title Group Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier Glenn William $574,750
Previous Owner Thurston Barry $440,190
Previous Owner Thurston Barry $439,025
Previous Owner Lamb Ingrid K $278,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $605,000 +0.9% $288 / Sq Ft
02/16/2024 02/16/24 For Sale $599,900 +41.2% $286 / Sq Ft
12/13/2019 12/13/19 Sold $425,000 +2.4% $202 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $415,000 +2.5% $198 / Sq Ft
10/17/2018 10/17/18 Sold $405,000 -11.8% $193 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $459,000 0.0% $219 / Sq Ft
06/26/2017 06/26/17 Rented $2,250 0.0% --
06/16/2017 06/16/17 Under Contract -- -- --
06/09/2017 06/09/17 For Rent $2,250 +7.1% --
05/25/2014 05/25/14 Rented $2,100 -8.5% --
05/24/2014 05/24/14 Under Contract -- -- --
12/13/2013 12/13/13 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
2025 $5,261 $496,000 $0 $0
2024 $5,261 $473,000 $0 $0
2023 $4,830 $450,000 $170,000 $280,000
2022 $4,827 $450,000 $170,000 $280,000
2021 $9,653 $450,000 $170,000 $280,000
2020 $4,843 $450,000 $170,000 $280,000
2019 $4,721 $450,000 $170,000 $280,000
2018 $4,721 $450,000 $170,000 $280,000
2017 $4,911 $450,000 $0 $0
2016 -- $450,000 $0 $0
2015 $6,443 $450,000 $0 $0
2014 $6,443 $450,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2014624

Bright MLS

APN: 01-242431