NOT LISTED FOR SALE

602 Runabout Loop Solomons, MD 20688

Estimated Value: $515,000 - $629,000

3 Beds
2 Baths
1,780 Sq Ft
$565/mo HOA Fee

Last Sold February 20, 2020

Last sale price $365,000 $205 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,863/month

Highlights

  • Primary bedroom faces the bay
  • Marina View
  • Home fronts navigable water
  • 5 Dock Slips
  • Pier or Dock
  • Access to Tidal Water

About This Home

As of February 2020

This Saint Michaels floor plan in the point location Overlook Building offers the perfect Solomons Landing waterfront lifestyle. Enjoy waterviews from the unit and large screened wrap deck. The floor plan is open with attractive wood floors and gas fireplace The kitchen features gas cooking, island, breakfast area, attractive built-in china cabinet, and pantry. A spacious relaxing owners suite with ensuite bath, plus two additional bedrooms provide private household spaces. The separate laundry room is very convenient - bedroom/den features built-in and desk . Boaters will enjoy immediate access to the marina, boat slip T2 is included. Great community amenities close to charming Solomons attractions and restaurants!

Last Agent to Sell the Property

Susan Thompson

(410) 707-6265 susan.thompson@monumentsothebysrealty.com Monument Sotheby's International Realty License #622777 Listed on: 01/02/2020

Last Buyer's Agent

Kimberly St. Laurent

(937) 613-1005 kimberly@brookematthews.com RE/MAX One License #672214

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 2001

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $565 Monthly HOA Fees

Property Views

  • Marina
  • Scenic Vista
  • Creek or Stream

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,780 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Vehicle Transfer Area

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Sail
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Powered Boats Permitted
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 602
  • Assessor Parcel Number 0501208993

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, security gate, snow removal
  • Low-Rise Condominium
  • Solomons Landing Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Community Center

Recreation

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

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,978

Year Built

Built in 2001

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator, Entry Slope <1', Level Entry - Main, Vehicle Transfer Area
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-01-02
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Pantry, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1780
  • Living Area Sq Ft: 1780
  • Price Per Sq Ft: 210.67
  • Above Grade Finished Sq Ft: 1780
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Hardiplank Type
  • View: Creek/Stream, Marina, Scenic Vista, Water
  • Water Access Features: Fishing Allowed, Boat - Powered, Canoe/Kayak, Sail
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Common Grounds, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 200200.00
  • Land Assessed Value: 140000.00
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14975267
  • Tax Annual Amount: 3978.00
  • Assessor Parcel Number: 0501208993
  • Tax Lot: 602
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 14, 2020
Sold by
Brody Martin A and The Martin A Brody Revocable T
Bought by
Alli John W and Alli Patricia M
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Kimberly St. Laurent
RE/MAX One
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$560,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,470
Avg. Annual Appreciation
7.83%
Original Mortgage
$328,500
Outstanding Balance
$290,864
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$269,606

Purchase Details

Closed on
Apr 21, 2017
Sold by
Brody Martin A
Bought by
Brody Martin A

Purchase Details

Closed on
Oct 1, 2010
Sold by
Brody Trudy Rose and Brody Martin A
Bought by
Brody Martin A

Purchase Details

Closed on
Aug 17, 2010
Sold by
Cassidy Suzanne P
Bought by
Brody Trudy Rose and Brody Martin A

Purchase Details

Closed on
Mar 5, 2009
Sold by
Cassidy Suzanne P
Bought by
Cassidy Suzanne P

Purchase Details

Closed on
Nov 5, 2001
Sold by
Solomons Homes & Marina Llc
Bought by
Cassidy Suzanne P
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
Alli John W $365,000 Southern Maryland Title
Brody Martin A -- None Available
Brody Martin A -- None Available
Brody Martin A -- --
Brody Trudy Rose $350,000 --
Cassidy Suzanne P -- --
Cassidy Suzanne P -- --
Cassidy Suzanne P $302,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alli John W $328,500
Closed Cassidy Suzanne P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $365,000 -2.7% $205 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $375,000 -- $211 / 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 $4,195 $408,267 $0 $0
2024 $4,195 $374,233 $0 $0
2023 $3,689 $340,200 $140,000 $200,200
2022 $3,686 $340,200 $140,000 $200,200
2021 $3,686 $340,200 $140,000 $200,200
2020 $3,697 $340,200 $140,000 $200,200
2019 $3,569 $340,200 $140,000 $200,200
2018 $3,569 $340,200 $140,000 $200,200
2017 $3,594 $340,200 $0 $0
2016 -- $326,233 $0 $0
2015 $3,585 $312,267 $0 $0
2014 $3,585 $298,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA173794

Bright MLS

APN: 01-208993