NOT LISTED FOR SALE

1617 St Giles Rd Gibson Island, MD 21056

Estimated Value: $2,804,000 - $3,048,000

4 Beds
4.5 Baths
3,060 Sq Ft
$970/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $2,175,000 $711 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $19,195/month

Highlights

  • 200 Feet of Waterfront
  • Water Oriented
  • Open Floorplan
  • 1 Boat Dock
  • 1.66 Acre Lot
  • Colonial Architecture

About This Home

As of April 2017

Fully-renovated, turn-key on the far end of Otter Pond, a 42-acre fresh water lake with spectacular views up the water to the Chesapeake Bay and beyond. Features private, 1.5-acre lot, private dock, 3 fin levels, 4BR/4BA/1HB, spacious, gourmet kitchen adjoining sun room w/ fp overlooking water, fabulous great room w/ wet bar, abundant windows, magnificent views, attached 2-car garage and more!

Last Agent to Sell the Property

Sarah Kanne

skanne@ttrsir.com TTR Sotheby's International Realty Listed on: 06/03/2016

Co-Listed By

Corey Burr

(301) 346-3345 cburr@ttrsir.com TTR Sotheby's International Realty License #35846

TTR Sotheby's International Realty

Last Buyer's Agent

Corey Burr

(301) 346-3345 cburr@ttrsir.com TTR Sotheby's International Realty License #35846

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,161

Year Built

  • Built in 1970

Lot Details

  • 1.66 Acre Lot
  • 200 Feet of Waterfront
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $609 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • 2 Fireplaces
  • Fireplace Mantel
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear and Side Basement Entry
  • Basement with some natural light

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • Deck

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • Gibson Island Subdivision

Listing and Financial Details

  • Tax Lot 500
  • Assessor Parcel Number 020335022650900

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,161

Year Built

Built in 1970

Lot Details

0

HOA Fees

$609 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1970
  • Remarks Public: Fully-renovated, turn-key on the far end of Otter Pond, a 42-acre fresh water lake with spectacular views up the water to the Chesapeake Bay and beyond. Features private, 1.5-acre lot, private dock, 3 fin levels, 4BR/4BA/1HB, spacious, gourmet kitchen adjoining sun room w/ fp overlooking water, fabulous great room w/ wet bar, abundant windows, magnificent views, attached 2-car garage and more!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Range Hood, Oven - Wall, Icemaker
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Side Entrance, Daylight, Partial, Connecting Stairway, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 1617

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Outside Shower, Underground Lawn Sprinkler
  • Pool Private: No
  • Roof: Asphalt
  • View: Garden/Lawn, Water
  • View: Yes
  • Water Access: No
  • Water Body Name: OTTER POND
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 609.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BODKIN
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • School District Key: 121140671932
  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 623600.00
  • Land Assessed Value: 1443400.00
  • Lot Size Acres: 1.66
  • Lot Size Area: 72309
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 72309.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224292
  • Tax Annual Amount: 23160.75
  • Assessor Parcel Number: 020335022650900
  • Tax Lot: 500
  • Tax Total Finished Sq Ft: 3060
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/20/2017

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Mean Low Water Feet: 4

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Apr 20, 2017
Sold by
Farr James S and Farr Patricia C
Bought by
Nash Mary R and Nash Stuart G
Seller's Agent
Sarah Kanne
TTR Sotheby's International Realty
Buyer's Agent
Corey Burr
TTR Sotheby's International Realty
List Price
$2,585,000
Sold Price
$2,175,000
Premium/Discount to List
-$410,000
-15.86%
Current Estimated Value
$2,967,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,659
Avg. Annual Appreciation
3.74%
Original Mortgage
$650,000
Outstanding Balance
$594,458
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,373,201

Purchase Details

Closed on
Sep 2, 1998
Sold by
Parker Jonathan W
Bought by
Farr James S and Farr Patricia C

Purchase Details

Closed on
Jan 27, 1997
Sold by
Parker Jas P
Bought by
Parker Jonathan W and Cook Cynthia P
Source: Public Records

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
Nash Mary R $2,175,000 Atlantic Title & Escrow Co
Farr James S $947,500 --
Parker Jonathan W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Mary R $650,000
Closed Farr James S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $2,175,000 -15.9% $711 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $2,585,000 +18.9% $845 / Sq Ft
08/01/2016 08/01/16 Off Market $2,175,000 -- --
06/03/2016 06/03/16 Price Changed $2,585,000 -0.4% $845 / Sq Ft
06/03/2016 06/03/16 Price Changed $2,595,000 +0.4% $848 / Sq Ft
06/03/2016 06/03/16 For Sale $2,585,000 -- $845 / 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 $33,483 $2,560,500 -- --
2024 $33,483 $2,474,600 $1,793,400 $681,200
2023 $31,206 $2,311,300 $0 $0
2022 $22,447 $2,148,000 $0 $0
2021 $25,872 $1,984,700 $1,443,400 $541,300
2020 $25,890 $1,984,700 $1,443,400 $541,300
2019 $25,910 $1,984,700 $1,443,400 $541,300
2018 $20,959 $2,067,000 $1,443,400 $623,600
2017 $25,262 $1,977,600 $0 $0
2016 -- $1,888,200 $0 $0
2015 -- $1,798,800 $0 $0
2014 -- $1,798,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001625507

Bright MLS

APN: 03-350-22650900