NOT LISTED FOR SALE

723 Runabout Loop Solomons, MD 20688

Estimated Value: $489,000 - $601,000

3 Beds
2 Baths
1,500 Sq Ft
$525/mo HOA Fee

Last Sold June 10, 2016

Last sale price $365,000 $243 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,939/month

2 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Fitness Center
  • Water Views
  • Home fronts navigable water
  • Newly Remodeled

About This Home

As of June 2016

This is an amzing condo, Luxury living at its best. This single level home offers Marble Rotunda entry foyer,a gourmet kitchen , hardwood floors through out Custum lighting, Ceiling fans, Large master bedroom over looking the marina and owners boat slip, custom master bath, large 2nd and 3rd bedrooms Plantation shutters,Sreened deck with access from Living room, Master and 2nd bedrooms, Classic

Last Agent to Sell the Property

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/22/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/22/2016

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,263

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

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

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Composite Building Materials

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Heatilator
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Water Views
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Gazebo

Location

  • Property is near a creek

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

  • Home warranty included in the sale of the property
  • Tax Lot 723
  • Assessor Parcel Number 01209264

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pier/dock maintenance, pool(s), recreation facility, snow removal, security gate
  • Low-Rise Condominium
  • Solomons Landing Condo Assoc Community
  • Solomons Landing Subdivision
  • The community has rules related to recreational equipment, commercial vehicles not allowed, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,263

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

HOA Fees

$525 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, 48"+ Halls
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2004
  • Remarks Public: This is an amzing condo, Luxury living at its best. This single level home offers Marble Rotunda entry foyer,a gourmet kitchen , hardwood floors through out Custum lighting, Ceiling fans, Large master bedroom over looking the marina and owners boat slip, custom master bath, large 2nd and 3rd bedrooms Plantation shutters,Sreened deck with access from Living room, Master and 2nd bedrooms, Classic
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Elevator, Window Treatments, Whirlpool/Hottub, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace Features: Equipment, Gas/Propane, Fireplace - Glass Doors, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 243.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 723

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, Gazebo
  • Other Structures List: Gazebo
  • Construction Materials: Composition, Fiber Cement, Wood Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System, Security Gate, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Meeting Room, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Basketball Courts, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Elevator Use, Fencing, Parking, Pets - Allowed, Pets - Area, Rec Equip, Restrictions, Rv/Boat/Trail
  • HOA: Yes
  • 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

  • Property Attached Yn: Yes
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 01209264
  • Tax Lot: 723
  • Close Date: 06/10/2016

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 10, 2016
Sold by
Cunningham Linda
Bought by
Caldwell George M and Caldwell Kathleen G
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$549,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,081
Avg. Annual Appreciation
3.76%
Original Mortgage
$292,000
Outstanding Balance
$237,997
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$271,420

Purchase Details

Closed on
Feb 27, 2014
Sold by
Tilton Warren S and Tilton Joy F
Bought by
Cunningham Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2008
Sold by
Sengstack Warren F and Sengstack Maureen A
Bought by
Tilton Warren S and Tilton Joy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2008
Sold by
Sengstack Warren F and Sengstack Maureen A
Bought by
Tilton Warren S and Tilton Joy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
Sengstack Warren F
Bought by
Sengstack Warren F and Sengstack Maureen A

Purchase Details

Closed on
Sep 14, 2005
Sold by
Sengstack Warren F
Bought by
Sengstack Maureen A and Sengstack Warren F

Purchase Details

Closed on
Sep 14, 2004
Sold by
Solomons Homes & Marina Llc
Bought by
Sengstack Warren F
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
Caldwell George M $365,000 Attorney
Cunningham Linda $392,500 None Available
Tilton Warren S $500,000 --
Tilton Warren S $500,000 --
Sengstack Warren F -- --
Sengstack Maureen A -- None Available
Sengstack Warren F $397,676 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell George M $292,000
Previous Owner Cunningham Linda $215,000
Previous Owner Tilton Warren S $275,000
Previous Owner Tilton Warren S $275,000
Previous Owner Sengstack Warren F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $365,000 0.0% $243 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $365,000 -- $243 / 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 $4,263 $380,500 $0 $0
2023 $3,594 $345,900 $140,000 $205,900
2022 $3,594 $345,900 $140,000 $205,900
2021 $3,745 $345,900 $140,000 $205,900
2020 $3,756 $345,900 $140,000 $205,900
2019 $3,628 $345,900 $140,000 $205,900
2018 $3,628 $345,900 $140,000 $205,900
2017 $3,740 $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

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Map

Source: Bright MLS

MLS Number: 1003905001

Bright MLS

APN: 01-209264