NOT LISTED FOR SALE

632 Runabout Loop Unit 632 Solomons, MD 20688

Solomons Neighborhood

Estimated Value: $535,000 - $573,000

3 Beds
2 Baths
-- Sq Ft
$615/mo HOA Fee

Last Sold June 27, 2023

Last sale price $505,000

Est. 10% increase in value since last sale

Current estimated payment $4,091/month

Highlights

  • 1,000 Feet of Waterfront
  • Pier or Dock
  • Fitness Center
  • 1 Dock Slip
  • Access to Tidal Water
  • Heated Spa

About This Home

As of June 2023

Great top floor unit with creek view and 25' boat slip. Move in ready, fresh paint and new carpet. Tiled bathrooms including updated primary bathroom. 10'+ ceilings throughout. Custom built-ins in bedroom/office. Solid surface countertops, gas cooking.

Last Listed By

datacorrect BrightMLS

Non Subscribing Office Listed on: 06/30/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,307

Year Built

  • Built in 2001

Lot Details

  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $615 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Gas Fireplace
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated Spa
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Sail
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Shared Waterfront
  • Powered Boats Permitted

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 632
  • Assessor Parcel Number 0501209124

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), snow removal
  • Low-Rise Condominium
  • Solomons Landing Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Center
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,307

Year Built

Built in 2001

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Remarks Public: Great top floor unit with creek view and 25' boat slip. Move in ready, fresh paint and new carpet. Tiled bathrooms including updated primary bathroom. 10'+ ceilings throughout. Custom built-ins in bedroom/office. Solid surface countertops, gas cooking.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 632

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
  • Spa Features: Heated
  • Spa: Yes
  • View: Creek/Stream, Water
  • Water Access Features: Canoe/Kayak, Boat - Powered, Sail
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: Community Center, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, In Ground

Fee Information

  • Loss Mitigation Fee?: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 235100.00
  • Land Assessed Value: 140000.00
  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14975256
  • Tax Annual Amount: 4307.00
  • Assessor Parcel Number: 0501209124
  • Tax Lot: 632
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/27/2023

Multi Family

  • Waterfront Features: Rip-Rap, Shared

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jun 27, 2023
Sold by
Gilmour Family Revocable Trust
Bought by
Scarborough Dean and Scarborough Donna
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Brittany Vann
RE/MAX United Real Estate
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Current Estimated Value
$557,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,444
Avg. Annual Appreciation
5.46%
Original Mortgage
$479,750
Outstanding Balance
$469,933
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$87,511

Purchase Details

Closed on
Mar 24, 2023
Sold by
Gilmour Family Trust
Bought by
Jensen John T and Jensen Patricia K

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 28, 2017
Sold by
Reiber Carl E and Reiber Nancy J
Bought by
Glimour Christine F and Glimour Philippa Noelle
Seller's Agent
Carol Kalmus-Choporis
CENTURY 21 New Millennium
Buyer's Agent
Susan Thompson
Monument Sotheby's International Realty
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Walter Herbert E and Walter Mary Claire
Bought by
Reiber Carl E and Reiber Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2011
Sold by
Walter Herbert E and Walter Mary Claire
Bought by
Reiber Carl E and Reiber Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2002
Sold by
Solomons Homes & Marina Llc
Bought by
Walter Herbert E and Walter Mary Claire

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
Scarborough Dean $505,000 Capitol Title
Jensen John T $5,000 --
Glimour Christine F $419,900 None Available
Reiber Carl E $385,000 --
Reiber Carl E $385,000 --
Reiber Carl E $385,000 --
Reiber Carl E $385,000 --
Walter Herbert E $387,780 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Dean $479,750
Previous Owner Reiber Carl E $346,500
Previous Owner Reiber Carl E $346,500
Closed Walter Herbert E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 For Sale $499,000 -1.2% --
06/27/2023 06/27/23 Sold $505,000 +20.3% --
06/06/2023 06/06/23 Pending -- -- --
06/28/2017 06/28/17 Sold $419,900 0.0% $227 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $419,900 -- $227 / 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 $4,629 $414,433 $0 $0
2023 $4,103 $380,100 $140,000 $240,100
2022 $4,048 $375,100 $140,000 $235,100
2021 $8,097 $375,100 $140,000 $235,100
2020 $4,061 $375,100 $140,000 $235,100
2019 $3,935 $375,100 $140,000 $235,100
2018 $3,935 $375,100 $140,000 $235,100
2017 $4,046 $375,100 $0 $0
2016 -- $368,667 $0 $0
2015 $4,932 $362,233 $0 $0
2014 $4,932 $355,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDCA2012060

Bright MLS

APN: 01-209124