NOT LISTED FOR SALE

932 Spinnaker Way Solomons, MD 20688

Estimated Value: $374,000 - $449,000

2 Beds
2 Baths
1,400 Sq Ft
$480/mo HOA Fee

Last Sold July 01, 2016

Last sale price $204,500 $146 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,960/month

126 Days on Market

Highlights

  • Pier
  • Home fronts navigable water
  • Fitness Center
  • Pier or Dock
  • Physical Dock Slip Conveys
  • Gated Community

About This Home

As of July 2016

Well maintained, bright and airy top floor unit with open floor plan,vaulted ceiling and gas fireplace. Covered porch/deck area overlooks the woods. Freshly painted and cleaned carpet. Kitchen recently updated with granite counters and flooring. Solomons Landing is waterfront landscaped community with clubhouse, tennis court, pool, marina and walking/jogging paths near shopping.

Last Agent to Sell the Property

Jan Kleponis

O'Brien Realty ERA Powered License #535259 Listed on: 01/28/2016

O'Brien Realty ERA Powered

Last Buyer's Agent

Susan Thompson

Monument Sotheby's International Realty License #622777

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1998

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $480 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Free Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 932
  • Assessor Parcel Number 0501209728

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, pier/dock maintenance, pool(s), recreation facility, reserve funds, snow removal, trash, security gate
  • Low-Rise Condominium
  • Solomons Landing Community
  • Solomons Landing Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Recreation Room

Recreation

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

Pet Policy

  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,340

Year Built

Built in 1998

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1998
  • Remarks Public: Well maintained, bright and airy top floor unit with open floor plan,vaulted ceiling and gas fireplace. Covered porch/deck area overlooks the woods. Freshly painted and cleaned carpet. Kitchen recently updated with granite counters and flooring. Solomons Landing is waterfront landscaped community with clubhouse, tennis court, pool, marina and walking/jogging paths near shopping.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Dishwasher, Oven - Single, Refrigerator, Washer, Disposal
  • Interior Amenities: Dining Area, Breakfast Area, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 149.64
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 932

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: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • 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: 480.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Recreational Center, Putting Green, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Elevator Use, Pets - Size Restrict
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • School District Key: 121139842846
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 187000.00
  • Land Assessed Value: 51000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975209
  • Tax Annual Amount: 2339.84
  • Assessor Parcel Number: 0501209728
  • Tax Lot: 932
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 07/01/2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Shared

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jul 1, 2016
Sold by
Brooks Leslie F
Bought by
Brown Michael and Brown Ana
Seller's Agent
Jan Kleponis
O'Brien Realty ERA Powered
Buyer's Agent
Susan Thompson
Monument Sotheby's International Realty
List Price
$219,000
Sold Price
$204,500
Premium/Discount to List
-$14,500
-6.62%
Current Estimated Value
$400,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,225
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Feb 16, 2013
Closed on
May 24, 2013
Sold by
Didomenico Stephanie L
Bought by
Fairweathr June and Fairweather Edwin William
Seller's Agent
Sally Showalter
RE/MAX One
Buyer's Agent
Barbara Raley
Berkshire Hathaway HomeServices PenFed Realty
List Price
$226,900
Sold Price
$222,000
Premium/Discount to List
-$4,900
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.61%

Purchase Details

Closed on
May 3, 2010
Sold by
Olson Frank B and Olson Arlene E
Bought by
Didomenico Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2001
Sold by
Washel Scott Mathew
Bought by
Olson Frank B and Olson Arlene E

Purchase Details

Closed on
Aug 13, 1998
Sold by
Solomons Homes & Marina Llc
Bought by
Washel Scott Mathew and Patricia Ann
Source: Public Records

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Range of Values:

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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
Brown Michael $204,500 Bridgeview Title Llc
Fairweathr June $222,000 None Available
Didomenico Stephanie L $223,000 --
Olson Frank B $150,000 --
Washel Scott Mathew $142,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Didomenico Stephanie L $109,000
Closed Washel Scott Mathew --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $204,500 -2.4% $146 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $209,500 -2.3% $150 / Sq Ft
03/28/2016 03/28/16 Price Changed $214,500 -2.1% $153 / Sq Ft
01/28/2016 01/28/16 For Sale $219,000 -1.4% $156 / Sq Ft
05/24/2013 05/24/13 Sold $222,000 -2.2% $154 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $226,900 -- $158 / 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 $2,976 $261,233 $0 $0
2023 $2,450 $221,000 $51,000 $170,000
2022 $2,447 $221,000 $51,000 $170,000
2021 $2,452 $221,000 $51,000 $170,000
2020 $2,452 $221,000 $51,000 $170,000
2019 $2,460 $221,000 $51,000 $170,000
2018 $2,447 $221,000 $51,000 $170,000
2017 $2,477 $221,000 $0 $0
2016 -- $221,000 $0 $0
2015 $2,924 $221,000 $0 $0
2014 $2,924 $238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003904395

Bright MLS

APN: 01-209728