NOT LISTED FOR SALE

1808 Ha Penny Way Gibson Island, MD 21056

Estimated Value: $1,934,710 - $2,176,000

3 Beds
2.5 Baths
1,831 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $900,000 $492 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $13,250/month

9 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Cottage
  • Main Floor Bedroom
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of October 2018

Beautiful 1940's cottage with open living room, wood burning fireplace, main level master on a quiet street just a short walk to a private beach on the Bay. On over half an acre with a private back yard the property is surrounded by mature trees and large open area ideal for kids, sports and walks. This property is a fantastic getaway on a private island within commuting distance to both DC/ BLT.

Last Agent to Sell the Property

William White

Monument Sotheby's International Realty License #641493 Listed on: 07/27/2018

Last Buyer's Agent

Nina Tracey

Hubble Bisbee Christie's International Real Estate License #0225264160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,009

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R1

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Community Details

  • Gibson Island Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 020335008494700

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,009

Year Built

Built in 1940

Lot Details

0

HOA Fees

$640 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Beautiful 1940's cottage with open living room, wood burning fireplace, main level master on a quiet street just a short walk to a private beach on the Bay. On over half an acre with a private back yard the property is surrounded by mature trees and large open area ideal for kids, sports and walks. This property is a fantastic getaway on a private island within commuting distance to both DC/ BLT.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Family Room Off Kitchen, Wood Floors, Entry Level Bedroom
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1808

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 640.00
  • 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

Lot Info

  • Improvement Assessed Value: 149400.00
  • Land Assessed Value: 849100.00
  • Lot Size Acres: 0.56
  • Lot Size Area: 24440
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24440.00
  • Year Assessed: 2018
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224202
  • Tax Annual Amount: 13008.91
  • Assessor Parcel Number: 020335008494700
  • Tax Lot: 73
  • Tax Total Finished Sq Ft: 1831
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/05/2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 5, 2018
Sold by
Bullen Craig H and Bullen Aimee S
Bought by
Swanwick Robert A and Swanwick Christina R
Seller's Agent
William White
Monument Sotheby's International Realty
Buyer's Agent
Nina Tracey
Hubble Bisbee Christie's International Real Estate
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%
Current Estimated Value
$2,018,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,118,903
Avg. Annual Appreciation
10.00%
Original Mortgage
$720,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2003
Sold by
Shaeffer Caroline S
Bought by
Bullen Craiig H and Bullen Aimee S

Purchase Details

Closed on
Oct 20, 1995
Sold by
Drake John W
Bought by
Shaeffer Caroline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
7.6%
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
Swanwick Robert A $900,000 Endeavor Title Llc
Bullen Craiig H $497,429 --
Shaeffer Caroline S $442,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanwick Robert A $1,260,000
Closed Swanwick Robert A $1,280,000
Closed Swanwick Robert A $720,000
Previous Owner Bullen Craig H $47,000
Previous Owner Shaeffer Caroline S $353,600
Closed Bullen Craiig H --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $900,000 -5.3% $492 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $949,900 -- $519 / 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 $17,124 $1,262,000 $999,100 $262,900
2023 $16,445 $1,214,700 $0 $0
2022 $15,255 $1,167,400 $0 $0
2021 $29,281 $1,120,100 $969,100 $151,000
2020 $14,124 $1,079,567 $0 $0
2019 $13,607 $1,039,033 $0 $0
2018 $10,125 $998,500 $849,100 $149,400
2017 $9,555 $998,500 $0 $0
2016 -- $998,500 $0 $0
2015 -- $1,158,900 $0 $0
2014 -- $1,158,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William White

    Seller's Agent in 2018

    William White

    Monument Sotheby's International Realty

    (410) 507-4930

    2 in this area

    36 Total Sales

    William White
    Section Image
  • Nina Tracey

    Buyer's Agent in 2018

    Nina Tracey

    Hubble Bisbee Christie's International Real Estate

    (410) 303-6458

    10 in this area

    40 Total Sales

    Nina Tracey
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002116238

Bright MLS

APN: 03-350-08494700

Maryland Anne Arundel County 21056

1808 Ha Penny Way, MD

This home is located at 1808 Ha Penny Way, Gibson Island, MD 21056 since 27 July 2018 and is currently estimated at $2,018,903, approximately $1,102 per square foot. This property was built in 1940. 1808 Ha Penny Way is a home located in Anne Arundel County with nearby schools including Bodkin Elementary School, Chesapeake Bay Middle School, and Chesapeake High School.

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