NOT LISTED FOR SALE

835 Runabout Loop Unit O-2 Solomons, MD 20688

Estimated Value: $357,000 - $447,000

3 Beds
3 Baths
1,500 Sq Ft
$485/mo HOA Fee

Last Sold June 26, 2014

Last sale price $159,000 $106 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,888/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Combination Dining and Living Room
  • Clubhouse
  • 1 Fireplace
  • Heat Pump System

About This Home

As of June 2014

3 BEDROOM 3 BATH CONDO IN SOLOMS LANDING , OPEN KITCHEN WITH BREAKFAST BAR, LIVING ROOM WITH GAS FIREPLACE, CATHERDRAL CEILING, PRIVATE BALCONY. THIS IS A APPROVED FANNIE MAE HOMEPATH PROPERTY PURCHASE WITH AS LITTLE AS 5% DOWN, VIIST HOMEPATH FOR ALL THE DETAILS.

Last Agent to Sell the Property

Pennie Platt

(240) 925-1836 pennieplatt11@gmail.com Home Towne Real Estate License #324735 Listed on: 11/20/2013

Last Buyer's Agent

Annette Winters

annette@annettewinters.net Berkshire Hathaway HomeServices McNelis Group Properties License #MRIS:3005584

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1995

Lot Details

  • 871

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 835
  • Assessor Parcel Number 0501209558

Community Details

Overview

  • Low-Rise Condominium
  • Solomons Landing Community
  • Solomons Landing Subdivision

Amenities

  • Common Area
  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,758

Year Built

Built in 1995

Lot Details

0

HOA Fees

$485 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: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1995
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 106.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 485.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Club House
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 209000.00
  • Land Assessed Value: 54000.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975224
  • Tax Annual Amount: 2757.52
  • Assessor Parcel Number: 0501209558
  • Tax Lot: 835
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jun 24, 2014
Sold by
Fannie Mae
Bought by
Robinson Arthur
Seller's Agent
Pennie Platt
Home Towne Real Estate
Buyer's Agent
Annette Winters
Berkshire Hathaway HomeServices McNelis Group Properties
List Price
$274,000
Sold Price
$159,000
Premium/Discount to List
-$115,000
-41.97%
Current Estimated Value
$405,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,205
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Ward Douglas A and Ward Evonda K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2005
Sold by
Downs Thomas Bruce and Downs Leslie M
Bought by
Ward Douglas and Ward Evonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2005
Sold by
Downs Thomas Bruce and Downs Leslie M
Bought by
Ward Douglas and Ward Evonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bender David A and Bender Colleen A
Bought by
Downs Thomas Bruce and Downs Leslie M

Purchase Details

Closed on
Oct 12, 2001
Sold by
Smith Travis D and Smith Linda G
Bought by
Bender David A and Bender Colleen A

Purchase Details

Closed on
Apr 22, 1997
Sold by
Solomons Homes & Marina Llc
Bought by
Smith Travis D and Smith Linda G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robinson Arthur $159,000 None Available
Federal National Mortgage Association $547,916 None Available
Ward Douglas $325,000 --
Ward Douglas $325,000 Bridgeview Title Llc
Downs Thomas Bruce $275,900 --
Bender David A $240,000 --
Smith Travis D $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Douglas $65,000
Previous Owner Ward Douglas $260,000
Closed Smith Travis D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $159,000 0.0% $106 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/10/2014 05/10/14 Price Changed $159,000 -8.6% $106 / Sq Ft
04/17/2014 04/17/14 Price Changed $174,000 -8.4% $116 / Sq Ft
03/14/2014 03/14/14 Price Changed $189,900 -9.1% $127 / Sq Ft
02/15/2014 02/15/14 Price Changed $209,000 -6.9% $139 / Sq Ft
01/28/2014 01/28/14 Price Changed $224,500 -10.2% $150 / Sq Ft
12/20/2013 12/20/13 Price Changed $249,900 -8.8% $167 / Sq Ft
12/03/2013 12/03/13 For Sale $274,000 +72.3% $183 / Sq Ft
11/21/2013 11/21/13 Off Market $159,000 -- --
11/20/2013 11/20/13 For Sale $274,000 -- $183 / 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
2025 $3,257 $311,600 $0 $0
2024 $3,257 $287,300 $0 $0
2023 $2,887 $263,000 $54,000 $209,000
2022 $2,884 $263,000 $54,000 $209,000
2021 $2,891 $263,000 $54,000 $209,000
2020 $2,891 $263,000 $54,000 $209,000
2019 $2,901 $263,000 $54,000 $209,000
2018 $2,888 $263,000 $54,000 $209,000
2017 $2,924 $263,000 $0 $0
2016 -- $263,000 $0 $0
2015 $3,025 $263,000 $0 $0
2014 $3,025 $263,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pennie Platt

    Seller's Agent in 2014

    Pennie Platt

    Home Towne Real Estate

    (240) 925-1836

    1 in this area

    85 Total Sales

    Pennie Platt
    Section Image

  • A

    Buyer's Agent in 2014

    Annette Winters

    The McNelis Group

See All Agents

Map

Source: Bright MLS

MLS Number: 1003772708

Bright MLS

APN: 01-209558

Maryland Calvert County Solomons 20688

835 Runabout Loop Unit O-2, Solomons, MD

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