622 Runabout Loop Solomons, MD 20688
Estimated Value: $540,724 - $600,000
3
Beds
2
Baths
1,835
Sq Ft
$930/mo
HOA Fee
Highlights
- Water Views
- Water Access
- Open Floorplan
- Home fronts navigable water
- Private Pool
- Clubhouse
About This Home
As of April 2014Rare find! The Overlook Bldg., Exceptional Water Views. 2nd floor, full of windows, light, open kitchen with cherry cabinets, island & updates.. Living, dining, kitchen & especially master bedroom best water views on property. This is The St Michaels model,one of SL's most desired. Both kitchen & dining room access wrap around deck. Built ins remain; 3rd BR used as office. Be first to see!
Last Agent to Sell the Property
Annette Winters
Berkshire Hathaway HomeServices McNelis Group Properties License #MRIS:3005584 Listed on: 01/22/2014
Co-Listed By
James Alvey
Berkshire Hathaway HomeServices McNelis Group Properties License #MRIS:3008192
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,396
Year Built
- Built in 2001
Lot Details
- Home fronts navigable water
- Property is in very good condition
HOA Fees
Parking
- 1 Assigned Parking Space
Home Design
- Contemporary Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 1,835 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Ceiling height of 9 feet or more
- 1 Fireplace
- Window Treatments
- Entrance Foyer
- Combination Dining and Living Room
- Water Views
- Security Gate
Kitchen
- Eat-In Kitchen
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Washer and Dryer Hookup
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Private Pool
- Water Access
- 6 Powered Boats Permitted
- 6 Non-Powered Boats Permitted
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 622
- Assessor Parcel Number 0501209051
Community Details
Overview
- Association fees include exterior building maintenance
- Low-Rise Condominium
- St. Michaels
- Solomons Landing Community
- The community has rules related to commercial vehicles not allowed
Additional Features
- Clubhouse
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2014
Closed on
Apr 28, 2014
Sold by
Alvey James T and Alvey Margaret J
Bought by
Causey Eugene W and Causey Marye E
Seller's Agent
Annette Winters
Berkshire Hathaway HomeServices McNelis Group Properties
Buyer's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,681
Avg. Annual Appreciation
2.88%
Original Mortgage
$380,000
Outstanding Balance
$293,608
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$228,106
Purchase Details
Closed on
Jun 17, 2002
Sold by
Solomons Homes & Marina Llc
Bought by
Alvey James T and Alvey Margaret J
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Causey Eugene W | $380,000 | None Available | |
| Alvey James T | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Causey Eugene W | $60,000 | |
| Open | Causey Eugene W | $380,000 | |
| Previous Owner | Alvey James T | $194,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2014 04/28/14 | Sold | $380,000 | -2.5% | $207 / Sq Ft |
| 03/12/2014 03/12/14 | Pending | -- | -- | -- |
| 01/22/2014 01/22/14 | For Sale | $389,900 | -- | $212 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,262 | $380,500 | $0 | $0 |
| 2023 | $3,594 | $345,900 | $140,000 | $205,900 |
| 2022 | $3,745 | $345,900 | $140,000 | $205,900 |
| 2021 | $3,756 | $345,900 | $140,000 | $205,900 |
| 2020 | $3,756 | $345,900 | $140,000 | $205,900 |
| 2019 | $3,770 | $345,900 | $140,000 | $205,900 |
| 2018 | $3,757 | $345,900 | $140,000 | $205,900 |
| 2017 | $3,806 | $345,900 | $0 | $0 |
| 2016 | -- | $339,467 | $0 | $0 |
| 2015 | $4,731 | $333,033 | $0 | $0 |
| 2014 | $4,731 | $326,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2014
Annette Winters
The McNelis Group
-
J
Seller Co-Listing Agent in 2014
James Alvey
The McNelis Group
-
Barbara Raley
Buyer's Agent in 2014
Barbara Raley
BHHS PenFed (actual)
(301) 904-2172
13 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: 1002802856
APN: 01-209051
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