NOT LISTED FOR SALE

702 Runabout Loop Unit V-10 Solomons, MD 20688

Solomons Neighborhood

Estimated Value: $511,000 - $569,000

3 Beds
2 Baths
1,830 Sq Ft
$520/mo HOA Fee

Last Sold April 20, 2012

Last sale price $390,000 $213 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,836/month

8 Days on Market

Highlights

  • 5 Boat Docks
  • Home fronts navigable water
  • Fitness Center
  • Water Views
  • Water Access
  • Private Pool

About This Home

As of April 2012

Water views from the time your enter-truly feel the waterfront living experience in this exceptional unit in the Harbor View Bldg.Walk to 35ft deepwater slip from expansive screened deck w/ the marina just steps away.The unit is beautifully appointed w/ a gourmet kitchen w/gas cooking,granite,island,breakfast area, abundant work& storage space.Wake to beautiful Back Creek views from spacious MBR

Last Listed By

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 03/03/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,852

Year Built

  • Built in 2004

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 1,830 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Window Treatments
  • Combination Dining and Living Room
  • Water Views
  • Security Gate

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Parking Space Number Location: G4
  • 1 Assigned Parking Space

Accessible Home Design

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

Outdoor Features

  • Private Pool
  • Water Access
  • Physical Dock Slip Conveys
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 702
  • Assessor Parcel Number 0501209183

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn maintenance, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Subdivision, St. Michaels Floorplan
  • Solomons Landing Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,852

Year Built

Built in 2004

Lot Details

0

HOA Fees

$520 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, Ramp - Main Level, Vehicle Transfer Area
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: Water views from the time your enter-truly feel the waterfront living experience in this exceptional unit in the Harbor View Bldg.Walk to 35ft deepwater slip from expansive screened deck w/ the marina just steps away.The unit is beautifully appointed w/ a gourmet kitchen w/gas cooking,granite,island,breakfast area, abundant work& storage space.Wake to beautiful Back Creek views from spacious MBR
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Trash Compactor, Washer, Washer - Front Loading
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Open
  • Fireplace Features: Equipment, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1830
  • Living Area Sq Ft: 1830
  • Price Per Sq Ft: 232.19
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

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
  • Construction Materials: Hardiplank Type
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: G4

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 520.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Exercise Room, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Moving Fees Required, Restrictions
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 302000.00
  • Land Assessed Value: 170000.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975260
  • Tax Annual Amount: 4851.88
  • Assessor Parcel Number: 0501209183
  • Tax Lot: 702
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 04/20/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2012
Closed on
Apr 20, 2012
Sold by
Desantis Robert W and Desantis Patricia L
Bought by
Krause Michael W and Krause Nancy W
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Jan Ruttkay
CENTURY 21 New Millennium
List Price
$424,900
Sold Price
$390,000
Premium/Discount to List
-$34,900
-8.21%
Total Days on Market
8
Current Estimated Value
$531,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,692
Avg. Annual Appreciation
2.16%
Original Mortgage
$292,500
Outstanding Balance
$210,689
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$304,427

Purchase Details

Closed on
Oct 18, 2004
Sold by
Solomons Homes & Marina Llc
Bought by
Desantis Robert W and Desantis Patricia L

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
Krause Michael W $390,000 New World Title & Escrow
Desantis Robert W $385,968 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Michael W $292,500
Previous Owner Desantis Robert W $273,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $390,000 -8.2% $213 / Sq Ft
03/11/2012 03/11/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $424,900 -- $232 / 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 $4,411 $394,233 $0 $0
2023 $3,742 $360,200 $140,000 $220,200
2022 $3,893 $360,200 $140,000 $220,200
2021 $3,905 $360,200 $140,000 $220,200
2020 $3,905 $360,200 $140,000 $220,200
2019 $3,920 $360,200 $140,000 $220,200
2018 $3,907 $360,200 $140,000 $220,200
2017 $3,959 $360,200 $0 $0
2016 -- $353,767 $0 $0
2015 $4,852 $347,333 $0 $0
2014 $4,852 $340,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Thompson

    Seller's Agent in 2012

    Susan Thompson

    Monument Sotheby's International Realty

    (410) 707-6265

    15 in this area

    30 Total Sales

    Susan Thompson
    Section Image

  • J

    Buyer's Agent in 2012

    Jan Ruttkay

    Century 21 New Millennium

See All Agents

Map

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Source: Bright MLS

MLS Number: 1003879118

Bright MLS

APN: 01-209183

Maryland Calvert County Solomons 20688 Solomons

702 Runabout Loop Unit V-10, Solomons, MD

Homes for Sale in Solomons, MD

This home is located at 702 Runabout Loop Unit V-10, Solomons, MD 20688 since 03 March 2012 and is currently estimated at $531,692, approximately $290 per square foot. This property was built in 2004. 702 Runabout Loop Unit V-10 is a home located in Calvert County with nearby schools including Dowell Elementary School, Mill Creek Middle School, and Patuxent High School.

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