$224,500
SOLD SEP 12, 2016

923 Spinnaker Way Solomons, MD 20688

2 Beds
2 Baths
1,400 Sq Ft
$535/mo HOA Fee

Recently Sold

$160 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • 5,000 Feet of Waterfront
  • Pier
  • Fitness Center
  • 5 Dock Slips
  • Pier or Dock
  • Private Pool

About This Home

As of December 2022

WATER VIEW unit -You will love the view and the lifestyle. Great large open floor plan with screened deck overlooking the water and 2 master bedrooms. Enjoy entertaining in large dine-in kitchen with island. Separate laundry room with closet. Attention boaters who love the Bay and Solomons charm - 40 ft slip conveys! Absolutely beautiful community with great amenities.

Last Agent to Sell the Property

Susan Thompson

Monument Sotheby's International Realty License #622777 Listed on: 08/01/2016

Last Buyer's Agent

Michele Knowles

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1998

Lot Details

  • 5,000 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Fireplace With Glass Doors
  • Window Treatments
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Roll-in Shower
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Vehicle Transfer Area

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Location

  • Property is near a creek

Utilities

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

Listing and Financial Details

  • Tax Lot 923
  • Assessor Parcel Number 0501209655

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pier/dock maintenance, pool(s), road maintenance, reserve funds, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Condo Assoc Community
  • Solomons Landing Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Elevator

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,511

Year Built

Built in 1998

Lot Details

0

HOA Fees

$535 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, Entry Slope <1', Level Entry - Main, Roll-In Shower, Vehicle Transfer Area
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1998
  • Remarks Public: WATER VIEW unit -You will love the view and the lifestyle. Great large open floor plan with screened deck overlooking the water and 2 master bedrooms. Enjoy entertaining in large dine-in kitchen with island. Separate laundry room with closet. Attention boaters who love the Bay and Solomons charm - 40 ft slip conveys! Absolutely beautiful community with great amenities.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Trash Compactor, Washer
  • Interior Amenities: Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Window Treatments, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 167.79
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 923

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Yes
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: BACK CREEK/PATUXENT RIVER/CHESAPEAKE BAY
  • 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: 5000

Garage/Parking

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

Utilities

  • Refuse: 121.00
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 535.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Pool(s), Road Maintenance, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846

Lot Info

  • Improvement Assessed Value: 161500.00
  • Land Assessed Value: 76500.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975206
  • Tax Annual Amount: 2510.52
  • Assessor Parcel Number: 0501209655
  • Tax Lot: 923
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/12/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 9, 2022
Sold by
Pecarich Andrew T
Bought by
Oreilly Margaret O
Seller's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Maggie O'Reilly
Long & Foster Real Estate, Inc.
List Price
$359,000
Sold Price
$359,000
Views
31
Current Estimated Value
$445,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,624
Avg. Annual Appreciation
8.87%
Original Mortgage
$367,000
Interest Rate
4.27%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 12, 2016
Sold by
Griffith Kirk
Bought by
Pecarich Andrew T
Seller's Agent
Susan Thompson
Monument Sotheby's International Realty
Buyer's Agent
Michele Knowles
Long & Foster Real Estate, Inc.
List Price
$234,900
Sold Price
$224,500
Premium/Discount to List
-$10,400
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Griffith Kirk M and Griffith Sharon Best
Bought by
Griffith Kirk M and Griffith Sharon Best

Purchase Details

Listed on
Jan 2, 2012
Closed on
Apr 13, 2012
Sold by
Sinor Buddy R and Sinor Susan S
Bought by
Griffith Kirk M and Griffith Sharon B
Seller's Agent
Nina Brown
O'Brien Realty ERA Powered
Buyer's Agent
Suzanne Barry
RE/MAX Realty Centre, Inc.
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$192,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Atwell Mary L Thomas F Rose
Bought by
Sinor Buddy R and Sinor Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Atwell Rose Trust
Bought by
Sinor Buddy R and Sinor Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Solomons Homes & Marina Llc
Bought by
Atwell Mary L Thomas F Rose and Rose Paul A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $359,000 First American Title
Interfamily Deed Transfer $224,500 Rgs Title Llc
Interfamily Deed Transfer -- None Available
Deed $240,000 Bridgeview Title Llc
Deed $370,000 --
Deed $370,000 Bridgeview Title Llc
Deed $154,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $367,000 Construction
Previous Owner $192,000 New Conventional
Previous Owner $259,000 New Conventional
Previous Owner $259,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $359,000 0.0% $256 / Sq Ft
11/10/2022 11/10/22 For Sale $359,000 +59.9% $256 / Sq Ft
09/12/2016 09/12/16 Sold $224,500 -4.4% $160 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $234,900 -2.1% $168 / Sq Ft
04/13/2012 04/13/12 Sold $240,000 0.0% $160 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/16/2012 03/16/12 Price Changed $240,000 0.0% $160 / Sq Ft
01/02/2012 01/02/12 For Sale $239,900 -- $160 / 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 $3,427 $330,567 $0 $0
2024 $3,427 $303,033 $0 $0
2023 $3,016 $275,500 $76,500 $199,000
2022 $2,884 $263,000 $0 $0
2021 $2,630 $250,500 $0 $0
2020 $2,630 $238,000 $76,500 $161,500
2019 $2,639 $238,000 $76,500 $161,500
2018 $2,626 $238,000 $76,500 $161,500
2017 $2,658 $238,000 $0 $0
2016 -- $238,000 $0 $0
2015 $2,760 $238,000 $0 $0
2014 $2,760 $238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003906783

Bright MLS

APN: 01-209655