725 Runabout Loop
Solomons, MD 20688
3 bd 2 ba 2,000 sqft Built 2004 condos
Most recent sale
$520,000
Apr 11, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Sold | $520,000 | BrightMLS |
| Feb 19, 2024 | Listed | $560,000 | BrightMLS |
| Sep 21, 2004 | Sold | $449,493 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $233,000 | $140,000 | $373,000 | $4,029 |
| 2022 | $233,000 | $140,000 | $373,000 | $4,026 |
| 2021 | $233,000 | $140,000 | $373,000 | $4,023 |
| 2020 | $233,000 | $140,000 | $373,000 | $4,039 |
| 2019 | $233,000 | $140,000 | $373,000 | $4,054 |
| 2018 | $233,000 | $140,000 | $373,000 | $4,041 |
| 2017 | $233,000 | $140,000 | $373,000 | $4,094 |
| 2016 | — | — | $360,133 | $3,736 |
| 2014 | $233,000 | $120,700 | $353,700 | $3,670 |
| 2013 | — | — | $353,700 | $3,668 |
| 2012 | — | — | $353,700 | $3,666 |
| 2011 | — | — | $392,000 | $4,048 |
| 2010 | — | — | $471,432 | $4,846 |
| 2009 | — | — | $452,866 | $4,659 |
| 2008 | — | — | $434,300 | $4,248 |
Property facts
Year built
2004
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
2,000 sqft
Lot size
—
ZIP code
20688
City
Solomons
Street
Runabout Loop
Coordinates
38.33910, -76.46130
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,000
Gross rental yield
6.92%
Implied cap rate
4.50%
Trend-extrapolated value
—
Frequently asked questions
When did 725 Runabout Loop last sell?
725 Runabout Loop most recently sold on Apr 11, 2024 for $520,000.
What is the current tax assessment for 725 Runabout Loop?
The most recent total assessment for 725 Runabout Loop (year 2023) is $373,000 with $4,029 in property tax.
How does 725 Runabout Loop's assessment compare to its last sale price?
The current assessment is 28.3% below the last sale price of $520,000.
When was 725 Runabout Loop built?
725 Runabout Loop was built in 2004.
How does 725 Runabout Loop compare to others on Runabout Loop?
We track 8 other properties on Runabout Loop. Browse the list under "Other properties on Runabout Loop" to compare beds, baths, and sale history.
What are the property facts for 725 Runabout Loop?
725 Runabout Loop is a 3 bed, 2 bath, 2,000 sqft condos.
Is 725 Runabout Loop a flip candidate?
No — 725 Runabout Loop does not appear in our flips dataset.
Is 725 Runabout Loop a tax-appeal candidate?
No — 725 Runabout Loop is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2024 Q3
$517.2K
2024 Q4
$518.8K
ZIP 20688 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Runabout Loop