NOT LISTED FOR SALE

901 Spinnaker Way Solomons, MD 20688

Estimated Value: $384,000 - $435,000

3 Beds
2 Baths
1,574 Sq Ft
$485/mo HOA Fee

Last Sold October 17, 2018

Last sale price $253,000 $161 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,894/month

34 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Water Oriented
  • Pier or Dock
  • In Ground Pool
  • Gated Community

About This Home

As of October 2018

Beautifully upgraded 3 bedrooms, 2 bath unit offers gorgeous hickory floors, granite counter tops, and a gas fireplace, separate kitchen with Island, Enjoy extended outdoor living space in a private setting on the screened gazebo deck with convenient steps from the deck to access waterside trail. Great community amenities, convenient to shopping, restaurants, and marina. More pictures this week.

Last Agent to Sell the Property

Barbara Raley

(301) 904-2172 barbara.raley@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/29/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Helen Wernecke

(301) 904-5344 helen.wernecke@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #670912

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1998

Lot Details

  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views
  • Security Gate
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • 1 Assigned Parking Space

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Screened Patio
  • Playground

Location

  • Property is near creek

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 220 Volts
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 901
  • Assessor Parcel Number 0501209574

Community Details

Overview

  • Association fees include exterior building maintenance, custodial services maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, road maintenance, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • Solomons Landing Subdivision
  • The community has rules related to covenants

Amenities

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

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,852

Year Built

Built in 1998

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
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1998
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Range Hood, Trash Compactor
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Entry Level Bedroom, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 3, Kitchen, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Price Per Sq Ft: 167.66
  • Above Grade Finished Sq Ft: 1574
  • Above Grade Finished Area Units: Square Feet

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
  • Exterior Features: Play Area
  • Pool Features: In Ground
  • View: Water
  • Water Access: No
  • Water Body Name: BACK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 485.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Meeting Room, Party Room, Picnic Area, Pier/Dock, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Custodial Services Maintenance, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Trash, Security Gate
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 178500.00
  • Land Assessed Value: 51000.00
  • Outdoor Living Structures: Screened
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975226
  • Tax Annual Amount: 2851.88
  • Assessor Parcel Number: 0501209574
  • Tax Lot: 901
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 22, 2018
Sold by
Butler David E
Bought by
Albrecht Maria L
Seller's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Helen Wernecke
Berkshire Hathaway HomeServices PenFed Realty
List Price
$263,900
Sold Price
$253,000
Premium/Discount to List
-$10,900
-4.13%
Current Estimated Value
$410,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,841
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
Jun 18, 2016
Closed on
Nov 18, 2016
Sold by
Butler David E
Bought by
Butler Shirley E
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
List Price
$237,000
Sold Price
$232,000
Premium/Discount to List
-$5,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$171,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Russell Flora B
Bought by
Gross William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2008
Sold by
Russell Flora B
Bought by
Gross William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Anderson Charles L
Bought by
Russell Flora B

Purchase Details

Closed on
Nov 14, 2002
Sold by
Carnes Joseph W and Carnes Melissa D
Bought by
Anderson Charles L

Purchase Details

Closed on
Aug 4, 1998
Sold by
Solomons Homes & Marina Llc
Bought by
Carnes Joseph W and Carnes Melissa D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Albrecht Maria L $253,000 None Available
Butler Shirley E $232,000 Aspect Title & Escrow Llc
Gross William G $260,000 --
Gross William G $260,000 --
Russell Flora B $227,900 --
Anderson Charles L $147,000 --
Carnes Joseph W $154,743 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Shirley E $171,750
Previous Owner Gross William G $208,000
Previous Owner Gross William G $208,000
Closed Carnes Joseph W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $253,000 -4.1% $161 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $263,900 +13.8% $168 / Sq Ft
11/18/2016 11/18/16 Sold $232,000 -2.1% $147 / Sq Ft View Prior Sale
10/19/2016 10/19/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $237,000 0.0% $151 / Sq Ft
06/26/2015 06/26/15 Rented $1,700 0.0% --
06/22/2015 06/22/15 Under Contract -- -- --
06/02/2015 06/02/15 For Rent $1,700 0.0% --
12/01/2013 12/01/13 Rented $1,700 +21.4% --
11/13/2013 11/13/13 Under Contract -- -- --
10/21/2013 10/21/13 For Rent $1,400 -17.6% --
03/24/2012 03/24/12 Rented $1,700 0.0% --
03/21/2012 03/21/12 Under Contract -- -- --
01/18/2012 01/18/12 For Rent $1,700 -- --
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 $3,134 $275,433 $0 $0
2024 $2,881 $252,467 $0 $0
2023 $2,539 $229,500 $51,000 $178,500
2022 $2,536 $229,500 $51,000 $178,500
2021 $5,071 $229,500 $51,000 $178,500
2020 $2,541 $229,500 $51,000 $178,500
2019 $2,407 $229,500 $51,000 $178,500
2018 $2,407 $229,500 $51,000 $178,500
2017 $2,565 $229,500 $0 $0
2016 -- $229,500 $0 $0
2015 $2,824 $229,500 $0 $0
2014 $2,824 $229,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002335486

Bright MLS

APN: 01-209574