NOT LISTED FOR SALE

534 Oyster Bay Place Dowell, MD 20629

Estimated Value: $592,000 - $680,000

3 Beds
3 Baths
1,942 Sq Ft
$615/mo HOA Fee

Last Sold December 21, 2023

Last sale price $625,000 $322 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,547/month

114 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Fitness Center
  • Community Pool
  • 1 Dock Slip
  • Clubhouse
  • Stainless Steel Appliances

About This Home

As of December 2023

A truly exceptional value for a waterfront Penthouse condo that was the builder's model. The main living area has a large open floor plan with living room and dining room featuring tray ceilings, a cozy fireplace, custom wood plantation shutters, and access to the private balcony overlooking Back Creek; a contemporary style kitchen with large casual eating area; entertainment island; and vaulted ceilings and great windows that offer abundant natural light. Wet Bar with granite countertop, refrigerator and wine captain. The spacious owner's suite has broad waterfront views, separate balcony access, tray ceilings and a fully appointed bathroom suite with Jacuzzi tub, large walk-in closets and incredible storage space. This condo is in impeccable condition and has many upgrades including stainless steel appliances, granite counter tops, tile floors and Berber carpet. Many of the rooms feature tray or vaulted ceilings; all bedrooms have ceiling fans. Wooden plantation shutters and blinds, custom window treatments, and 3M Scotch tint sun control film on all windows. Loft bedroom and full bath suite. Tankless hot water heater installed in 2019 provides unlimited hot water on demand. Carrier 20 Seer heating/air conditioning system installed in 2018 still under warranty. Deeded deep water boat slip (C12) features a full custom JetDock. Ground floor covered garage includes additional private storage area and two designated parking spaces which convey, with additional outside parking spaces for guests. Elevator from ground level parking to penthouse. Come experience luxurious relaxing waterfront living in a low-key atmosphere with no maintenance and a wide variety of amenities including a community club house, swimming pool, tennis and pickle ball courts, kayak, canoe, paddle board launch area, pond with fountain, community promenade, pier and walking pathways. This upscale move-in ready home provides a perfect combination of fun activities and casual living in a vibrant Southern Maryland boating and fishing community. Enjoy all that Solomons Island has to offer living in this community. Peaceful and serene lifestyle either for weekend getaways or full time. The surrounding community and easy access to Solomons Island offer an inviting variety of great shopping and dining, art, culture, museums, entertainment, history and athletic venues. This condo shows better than when it was the builders model. Penthouse Living at its best on Back Creek in Oyster Bay.

Last Agent to Sell the Property

Gloria Abell

Coldwell Banker Jay Lilly Real Estate Listed on: 08/12/2023

Coldwell Banker Jay Lilly Real Estate

Co-Listed By

Paul Fenton

Coldwell Banker Jay Lilly Real Estate License #502917

Last Buyer's Agent

Jeffrey Lewis

Berkshire Hathaway HomeServices PenFed Realty License #649154

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 2005

Lot Details

  • 25 Feet of Waterfront
  • Home fronts navigable water
  • Extensive Hardscape

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Storage or Cabinetry

Home Design

  • Brick Exterior Construction
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,942 Sq Ft Home
  • Property has 2 Levels
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Flood Lights

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Electric Front Loading Dryer
  • Front Loading Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Property Near A Cove
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 0501242423

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, pool(s), recreation facility, road maintenance, snow removal, trash
  • Oyster Bay Condo Community
  • Oyster Bay Condominiums Subdivision

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,774

Year Built

Built in 2005

Lot Details

0

HOA Fees

$615 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-12
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1942
  • Living Area Sq Ft: 1942
  • Price Per Sq Ft: 324.36
  • Above Grade Finished Sq Ft: 1942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

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: Brick, Shake Siding, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Street Lights, Tennis Court(s)
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • 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: 615.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Elevator, Exercise Room, Pool - Outdoor, Pier/Dock, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, 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: 2023
  • Zoning: TC
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4774.00
  • Assessor Parcel Number: 0501242423
  • Tax Lot: 401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/21/2023

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Heys Mark J
Bought by
Family Trust and Heys
Current Estimated Value
$643,233

Purchase Details

Listed on
Aug 12, 2023
Closed on
Dec 21, 2023
Sold by
Diane Gronkiewicz Miller Trust
Bought by
Heys Mark James
Seller's Agent
Gloria Abell
Coldwell Banker Jay Lilly Real Estate
Buyer's Agent
Jeffrey Lewis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$629,900
Sold Price
$625,000
Premium/Discount to List
-$4,900
-0.78%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Miller Jr Kenton R and Gronkiewicz Diane
Bought by
Diane Gronkiewicz Miller Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,300
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Oyster Bay Llc
Bought by
Miller Diane Gronkiewicz and Miller Kenton R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,977
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Family Trust -- None Listed On Document
Family Trust -- None Listed On Document
Heys Mark James $625,000 None Listed On Document
Diane Gronkiewicz Miller Trust -- Freestate Title Consultants
Miller Kenton R -- Freestate Title Consultants
Miller Diane Gronkiewicz $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Kenton R $319,300
Previous Owner Miller Kenton R $386,000
Previous Owner Miller Diane Gronkiewicz $426,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $625,000 -0.8% $322 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $629,900 0.0% $324 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $629,900 -- $324 / 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
2025 $4,915 $462,000 $0 $0
2024 $4,915 $441,000 $0 $0
2023 $4,364 $420,000 $170,000 $250,000
2022 $4,515 $420,000 $170,000 $250,000
2021 $4,515 $420,000 $170,000 $250,000
2020 $4,530 $420,000 $170,000 $250,000
2019 $4,406 $420,000 $170,000 $250,000
2018 $4,406 $420,000 $170,000 $250,000
2017 $4,592 $420,000 $0 $0
2016 -- $420,000 $0 $0
2015 $6,142 $420,000 $0 $0
2014 $6,142 $420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2012522

Bright MLS

APN: 01-242423