NOT LISTED FOR SALE

931 Spinnaker Way Solomons, MD 20688

Estimated Value: $390,754 - $486,000

3 Beds
2 Baths
1,600 Sq Ft
$475/mo HOA Fee

Last Sold February 15, 2013

Last sale price $225,000 $141 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,950/month

531 Days on Market

Highlights

  • Marina
  • Pier or Dock
  • Fitness Center
  • Pier
  • Home fronts navigable water
  • Private Pool

About This Home

As of February 2013

**REDUCED** SELLER IS WELCOMING REASONABLE OFFERS***TOP FLOOR CONDO, BOTTOM FLOOR PRICE! Enjoy screened porch with garden views in this very private 3BR 2BA condo with bright, open spaces. A perfect setting for weekends, or for full time use. Fantastic full service lifestyle incorporates amenity package, maintenance. Custom drapes and blinds convey.

Last Agent to Sell the Property

Chris McNelis

Berkshire Hathaway HomeServices PenFed Realty License #17858 Listed on: 08/05/2011

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Sandra Monger

Discount Realty Services Usa, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1998

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Area
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Free Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Screened Patio

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 931
  • Assessor Parcel Number 0501209701

Community Details

Overview

  • Application Fee Required
  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • The community has rules related to alterations or architectural changes, antenna installations, covenants, moving in times

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

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

Pet Policy

  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,924

Year Built

Built in 1998

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Breakfast Area, Kitchen - Eat-In, Master Bath(s), Window Treatments, Entry Level Bedroom, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 149.94
  • Above Grade Finished Sq Ft: 1600
  • 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
  • Dock Type: Pier (Perpendicular)
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 113.00
  • 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
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Jog/Walk Path, Marina/Marina Club, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts, Tot Lots/Playground, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Application Fee Required, Covenants, Moving Fees Required, Moving In Times, Pets - Size Restrict
  • HOA: No

Lot Info

  • Improvement Assessed Value: 220000.00
  • Land Assessed Value: 60000.00
  • Outdoor Living Structures: Screened
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975208
  • Tax Annual Amount: 2924.20
  • Assessor Parcel Number: 0501209701
  • Tax Lot: 931
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 02/15/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2011
Closed on
Feb 15, 2013
Sold by
Prezis Jurema P
Bought by
Piason Richard and Piason Claire
Seller's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Sandra Monger
Discount Realty Services Usa, Inc.
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Current Estimated Value
$441,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,939
Avg. Annual Appreciation
5.01%
Original Mortgage
$217,490
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1998
Sold by
Solomons Homes & Marina Llc
Bought by
Prezis Samuel B and Prezis Jurema P
Source: Public Records

Similar Homes in the area

  • 361 Driftwood Ln, Solomons, MD 20688

    $459,900

    • 3 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 361 Driftwood Ln
    • Solomons, MD

    Welcome to 361 Driftwood Lane in the coveted waterfront community of Solomons Landing—where luxury design meets coastal comfortThis professionally designed 3-bedroom, 2-bath condo delivers high-end finishes, thoughtful layout, and everyday elegance—all within a gated, amenity-rich neighborhood.Step inside to a stunning open floor plan featuring Luxury Vinyl Tile flooring, ship-lapped walls, and

    Randall Utz EXP Realty, LLC

    Section Image
  • 534 Runabout Loop, Solomons, MD 20688

    $360,000

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 534 Runabout Loop
    • Solomons, MD

    Discover a serene haven in this top-floor condo boasting breathtaking water views. With new flooring in the main bedroom and living areas, this home combines comfort and modern upgrades. The kitchen features a brand-new refrigerator. Offering ,a main bedroom with an en suite full bath, the second bedroom could also serve as an office the layout is spacious and inviting. Fresh and newly

    Kimberly Briscoe Berkshire Hathaway HomeServices PenFed Realty

    Section Image
  • 1104 Back Creek Loop, Solomons, MD 20688

    $384,900

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1104 Back Creek Loop
    • Solomons, MD

    Resort-Style Waterfront Living in Solomons Landing!Welcome to this beautifully updated 2-bedroom, 2-bath, 1,200 sq ft waterfront condo offering resort-style living. From the moment you walk in, you're greeted by soaring 10-foot ceilings, recessed lighting, gleaming floors, and a stunning three-sided gas fireplace. Natural light pours in through the large windows, framing captivating water views

    Mark Frisco CENTURY 21 New Millennium

    Section Image
  • 131 Square Rigger Way, Solomons, MD 20688

    $434,900

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 131 Square Rigger Way
    • Solomons, MD

    Welcome to 131 Square Rigger Way, a stunning top-floor end-unit penthouse located in the sought-after, gated waterfront resort-style community of Solomons Landing with your very own deeded 45’ boat slip (P-7) on Back Creek.Step inside this light-filled 3 bedroom, 2 full bath condo and immediately feel the spaciousness of the open-concept living area, enhanced by soaring vaulted ceilings,

    Mark Frisco CENTURY 21 New Millennium

    Section Image
  • 823 Oyster Bay Place Unit 302, Dowell, MD 20629

    $549,000

    • 2 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 823 Oyster Bay Place
    • Unit 302
    • Dowell, MD

    GORGEOUS SOLOMONS CONDO at Oyster Bay's 800 building is move-in ready for your best summer getaway! Enjoy the excellent views of Back Creek, kayak and SUP to your heart's content. Covered parking and a private storage area are included with this purchase. The condo has a primary suite with creek views, tray ceilings, two large closets and an en suite tiled bathroom with separate shower and tub.

    Chris McNelis Berkshire Hathaway HomeServices PenFed Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Piason Richard $225,000 None Available
Prezis Samuel B $169,185 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piason Richard $156,000
Closed Piason Richard $217,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $225,000 0.0% $141 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/08/2013 01/08/13 Off Market $225,000 -- --
06/14/2012 06/14/12 Price Changed $239,900 -4.0% $150 / Sq Ft
02/20/2012 02/20/12 Price Changed $249,900 +2.0% $156 / Sq Ft
02/09/2012 02/09/12 Price Changed $244,900 -5.8% $153 / Sq Ft
08/05/2011 08/05/11 For Sale $260,000 -- $163 / 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 $157 $249,733 $0 $0
2023 $154 $221,000 $51,000 $170,000
2022 $151 $221,000 $51,000 $170,000
2021 $145 $221,000 $51,000 $170,000
2020 $145 $221,000 $51,000 $170,000
2019 $142 $221,000 $51,000 $170,000
2018 $129 $221,000 $51,000 $170,000
2017 $126 $221,000 $0 $0
2016 -- $221,000 $0 $0
2015 -- $221,000 $0 $0
2014 -- $238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004537986

Bright MLS

APN: 01-209701