NOT LISTED FOR SALE

705 Runabout Loop Solomons, MD 20688

Estimated Value: $552,000 - $598,000

3 Beds
2 Baths
-- Sq Ft
$545/mo HOA Fee

Last Sold April 28, 2017

Last sale price $395,000

Est. 44% increase in value since last sale

Current estimated payment $4,066/month

10 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Eat-In Gourmet Kitchen
  • Water Views
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of April 2017

Enjoy a maintenance free, waterfront lifestyle in the gated marina community of Solomons Landing. Exceptional 1st Floor Unit in Harbor View Bldg. Beautifully appointed w/rotunda entry, in-unit laundry, gourmet kitchen w/island and gas cooking, deck overlooking water. 35' Boat Slip for sale Separately 7ft MLW. Community amenities incl. pool, tennis, clubhouse, marina, walking trails, piers

Last Agent to Sell the Property

Farrah Fuchs

Redfin Corp Listed on: 03/27/2017

Redfin Corp

Last Buyer's Agent

Chris McNelis

Berkshire Hathaway HomeServices PenFed Realty License #17858

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $545 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Window Screens
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Pier
  • Water Access
  • Property is near an ocean
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Waterfront Park
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 705
  • Assessor Parcel Number 0501209213

Community Details

Overview

  • Association fees include trash, lawn maintenance, exterior building maintenance, pier/dock maintenance, pool(s), recreation facility, snow removal
  • Low-Rise Condominium
  • Brodie Management Community
  • Solomons Landing Subdivision
  • The community has rules related to renting

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,644

Year Built

Built in 2004

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-03-27
  • Year Built: 2004
  • Remarks Public: Enjoy a maintenance free, waterfront lifestyle in the gated marina community of Solomons Landing. Exceptional 1st Floor Unit in Harbor View Bldg. Beautifully appointed w/rotunda entry, in-unit laundry, gourmet kitchen w/island and gas cooking, deck overlooking water. 35' Boat Slip for sale Separately 7ft MLW. Community amenities incl. pool, tennis, clubhouse, marina, walking trails, piers
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Dryer, Washer, Dishwasher, Disposal, Icemaker, Stove, Range Hood, Refrigerator
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Window Treatments, Primary Bath(s), Entry Level Bedroom, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

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: Pier (Perpendicular)
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned

Utilities

  • Refuse: 123.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 545.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Recreational Center, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Trash, Lawn Maintenance, Ext Bldg Maint, Pier/Dock Maintenance, Pool(s), Recreation Facility, Snow Removal
  • HOA Condo Co-Op Rules: Renting
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • School District Key: 121139842846
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 191700.00
  • Land Assessed Value: 140000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975244
  • Tax Annual Amount: 3643.84
  • Assessor Parcel Number: 0501209213
  • Tax Lot: 705
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 04/28/2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • Waterfront Features: Park

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 28, 2017
Sold by
Marian L Celli Living Trust
Bought by
Calin Edgar and Gilden Grace
Seller's Agent
Farrah Fuchs
Redfin Corp
Buyer's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$570,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,765
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Celli Marian L
Bought by
Celli Marian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
S L Real Estate Llc
Bought by
Cohen Alan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 11, 2006
Sold by
S L Real Estate Llc
Bought by
Cohen Alan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 2004
Sold by
Solomons Homes & Marina Llc
Bought by
S L Real Estate Llc
Source: Public Records

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Range of Values:

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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
Calin Edgar $395,000 None Available
Celli Marian L -- Sage Title Group Llc
Celli Marian L $330,000 Sage Title Group Llc
Cohen Alan David -- --
Cohen Alan David -- --
S L Real Estate Llc $398,496 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celli Marian L $240,000
Previous Owner Cohen Alan David $500,000
Previous Owner Cohen Alan David $101,250
Previous Owner Cohen Alan David $101,250
Previous Owner Sl Real Estate Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $395,000 0.0% --
04/07/2017 04/07/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $395,000 0.0% --
03/27/2017 03/27/17 Off Market $395,000 -- --
01/25/2012 01/25/12 Rented $3,000 +36.4% --
01/01/2012 01/01/12 Under Contract -- -- --
11/01/2011 11/01/11 For Rent $2,200 -- --
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 $4,094 $364,867 $0 $0
2023 $3,446 $331,700 $140,000 $191,700
2022 $3,597 $331,700 $140,000 $191,700
2021 $7,195 $331,700 $140,000 $191,700
2020 $3,608 $331,700 $140,000 $191,700
2019 $3,622 $331,700 $140,000 $191,700
2018 $3,609 $331,700 $140,000 $191,700
2017 $3,655 $331,700 $0 $0
2016 -- $325,267 $0 $0
2015 $4,531 $318,833 $0 $0
2014 $4,531 $312,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003270665

Bright MLS

APN: 01-209213