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$988,000

Beds
4
Baths
4.0
sq ft
5,018

216 Pelagic Ln, Solomons, MD 20688

216 Pelagic Ln

SOLOMONS, MD 20688

  • 13 days on market
This unique property on Back Creek is close to Solomons Island, Anne Marie Gardens, Pax River NAS, St. Mary's College, and local hospitals. It is also within 1 hour and 10 minutes of Washington, D.C., Annapolis, and Alexandria, VA. It's in a small community with a private boardwalk leading to the pier, with deeded boat slips on protected water. This deeded boat slip, "C," has a 12,500-lb boat lift, with quick access to the local waterfront restaurants along the Patuxent River and its creeks and bountiful fishing in the Chesapeake Bay. The home has many special interior features, including an open floor plan, a two-story foyer and family room, a catwalk overlook, floor-to-ceiling windows, lots of natural light, upgraded lighting, built-in storage units throughout, main level full bathroom w/office or 5th bedroom (you decide,) hardwood flooring, formal living/music/library room, dining room, speaker system, eat-in kitchen, breakfast nook, kitchen island, gas fireplace in the family room, cathedral ceiling in the primary bedroom with sitting/dressing area, sizeable primary bathroom w/jetted soaking tub, upper-level laundry room, large bedrooms, fully finished lower level with family room, full bathroom, recreation room, deluxe laundry room with dual front load washer and dryers, wash sink, plenty of counter space for folding, storage cabinets galore, unfinished storage area, luxury vinyl plank flooring on the lower level, and gas water heater. Unique exterior features include a brick front, a deck off the kitchen, lovely landscaping, an underground sprinkler system, public water/sewer, decorative wrought iron fencing in the backyard, and a private setting at the end of the creek. The garage is fully drywalled with two garage door openers. One of the AC units is newer. You won't be disappointed.

Details

Property type

Single Family Residence

Est. home value

$780,845

Lot size

0.58 acres

Price per sq ft

$197

Year built

2005

Annual property taxes

$5,424

Monthly HOA fee

$166.67

Price History

12/09/2024
Bright

Bright #MDCA2019008

Listed
$988,000
+47.46%
12/16/2020
Bright

Bright #MDCA179536

Sold
$670,000

Schools & Community

Elementary school: 

DOWELL

Middle school: 

MILL CREEK

High school: 

PATUXENT

School district: 

CALVERT COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$444,465
Asking price
$988,000
Closing costs (~8% of asking)
-$79,040
Est. remaining loan balance
-$464,495
Cash to seller
$444,465

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

December 2020

Original loan amount

$510,400

Est. remaining balance

$464,495

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Bluford Hugh Putnam Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:35 AM

Listing updated: 12/11/2024 at 6:49 PM

Listed by: Lisa Dawn Wood, O'Brien Realty ERA Powered Phone #: (301) 863-2400

MLS: Bright #MDCA2019008

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