725 Runabout Loop Solomons, MD 20688
Estimated Value: $536,978 - $606,000
3
Beds
2
Baths
2,000
Sq Ft
$640/mo
HOA Fee
Highlights
- 20 Feet of Waterfront
- Pier or Dock
- Gourmet Kitchen
- 5 Dock Slips
- Access to Tidal Water
- Gated Community
About This Home
As of April 2024Solomons Island Tidewater Living! Beautiful waterfront ( model), Tred Avon second floor end unit with open floor plan. The large deck overlooking the water is accessible from the main living area as well as the primary bedroom. Gas fireplace in the living area. A nice size kitchen with Gas cooking, breakfast nook, an island, and ample cabinets. This unit comes with a boat slip (V6) 35 foot with electric lift. Harborview building is located near the marina transfer area. This is a perfect primary or weekend getaway. This condo has almost 2000 square feet. Elevator to sidewalk level, Professional Landscaping, walking trails, pool, community park and fountain. Solomons Landing is within an hour of the DC beltway and Annapolis. Photos will be taken this week.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,285
Year Built
- Built in 2004
Lot Details
- 20 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- 1 Common Wall
- Landscaped
- Property is in very good condition
HOA Fees
- $640 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Piling Construction
- HardiePlank Type
Interior Spaces
- 2,000 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Chair Railings
- Ceiling Fan
- Gas Fireplace
- Sliding Windows
- Window Screens
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Water Views
- Security Gate
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Built-In Range
- Stove
- Range Hood
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- Parking Lot
- Assigned Parking
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
- Level Entry For Accessibility
Outdoor Features
- Access to Tidal Water
- Private Water Access
- Electric Hoist or Boat Lift
- 5 Dock Slips
- Physical Dock Slip Conveys
- Stream or River on Lot
- Powered Boats Permitted
- Lake Privileges
- Exterior Lighting
- Playground
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Propane
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 725
- Assessor Parcel Number 0501209280
Community Details
Overview
- Association fees include exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, security gate, snow removal, trash, cable TV
- Low-Rise Condominium
- Solomans Landing Condominiums Subdivision, Tred Avon Floorplan
- Property Manager
Amenities
- Picnic Area
- Common Area
- Community Center
Recreation
- Pier or Dock
- 125 Community Docks
- Tennis Courts
- Community Playground
- Community Pool
- Putting Green
- Jogging Path
Pet Policy
- Limit on the number of pets
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2024
Closed on
Apr 11, 2024
Sold by
Rupert And Clare Bonner Living Trust and Bonner Rupert R
Bought by
Miller Graves Sharon and Miller William Locraft
Seller's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jan Kleponis
O'Brien Realty ERA Powered
List Price
$560,000
Sold Price
$520,000
Premium/Discount to List
-$40,000
-7.14%
Views
43
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
$55,245
Avg. Annual Appreciation
4.53%
Original Mortgage
$30,000
Outstanding Balance
$29,692
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$518,433
Purchase Details
Closed on
Mar 21, 2019
Sold by
Bonner Rupert R and Bonner Clare R
Bought by
Rupert And Clare Bonner Living Trust
Purchase Details
Closed on
Sep 21, 2004
Sold by
Solomons Homes & Marina Llc
Bought by
Bonner Rupert R and Bonner Clare R
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 |
|---|---|---|---|
| Miller Graves Sharon | $520,000 | Bridgeview Title | |
| Rupert And Clare Bonner Living Trust | -- | None Available | |
| Bonner Rupert R | $449,493 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Graves Sharon | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2024 04/11/24 | Sold | $520,000 | -7.1% | $260 / Sq Ft |
| 02/29/2024 02/29/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | For Sale | $560,000 | -- | $280 / 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 | $4,563 | $408,300 | $0 | $0 |
| 2023 | $4,029 | $373,000 | $140,000 | $233,000 |
| 2022 | $4,026 | $373,000 | $140,000 | $233,000 |
| 2021 | $4,039 | $373,000 | $140,000 | $233,000 |
| 2020 | $4,039 | $373,000 | $140,000 | $233,000 |
| 2019 | $4,055 | $373,000 | $140,000 | $233,000 |
| 2018 | $4,042 | $373,000 | $140,000 | $233,000 |
| 2017 | $4,095 | $373,000 | $0 | $0 |
| 2016 | -- | $366,567 | $0 | $0 |
| 2015 | $4,049 | $360,133 | $0 | $0 |
| 2014 | $4,049 | $353,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Raley
Seller's Agent in 2024
Barbara Raley
BHHS PenFed (actual)
(301) 904-2172
13 in this area
33 Total Sales
-
Jan Kleponis
Buyer's Agent in 2024
Jan Kleponis
O'Brien Realty
(410) 610-2766
19 in this area
200 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA2014648
APN: 01-209280
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