NOT LISTED FOR SALE

279 Gibson Rd Pasadena, MD 21122

Estimated Value: $495,000 - $616,002

3 Beds
1 Bath
724 Sq Ft
$780/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $325,000 $449 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,423/month

156 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Pier
  • 1 Fireplace
  • 1 Boat Dock
  • Stream or River on Lot
  • No HOA

About This Home

As of November 2016

.WATERFRONT! DEEP WATER! WHAT A VIEW!! Modest 2-3 bedroom, one bath cottage with basement. Cute retirement home or weekend retreat on the Magothy River. Recently painted throughout. Updated AC. New railing for deck just completed! Home could be yours by the holidays.. Sold "AS IS"

Last Agent to Sell the Property

Sharon Ligouri

(410) 967-1722 sligouri@godouglasrealty.com Samson Properties License #20649 Listed on: 05/20/2016

Samson Properties

Co-Listed By

Ed Cherneski

(443) 604-3925 ed.cherneski@godouglasrealty.com Douglas Realty LLC License #605154

Last Buyer's Agent

Natalie Dickie

(240) 394-0127 natalie@bremove.com Blackwell Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1952

Lot Details

  • 8,284 Sq Ft Lot
  • 51 Feet of Waterfront
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Living Room
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen in Efficiency Studio

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Pier
  • Water Oriented
  • River Nearby
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Long Point Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 020350310983020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,368

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-05-20
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Efficiency, Kitchen - Table Space
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Partial, Full, Heated
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Water Access: No
  • Water Body Name: CORNFIELD CREEK AT MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 51

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Improvement Assessed Value: 74000.00
  • Land Assessed Value: 371400.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8284
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8284.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Attached Yn: No
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15233985
  • Tax Annual Amount: 4367.62
  • Assessor Parcel Number: 020350310983020
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Nov 22, 2016
Sold by
Garrett Vernon K and Garrett Jesse Key
Bought by
Oscar Therese Ann and Oscar Philip Gregory
Seller's Agent
Sharon Ligouri
Samson Properties
Buyer's Agent
Natalie Dickie
Blackwell Real Estate, LLC
List Price
$425,000
Sold Price
$325,000
Premium/Discount to List
-$100,000
-23.53%
Current Estimated Value
$558,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,595
Avg. Annual Appreciation
6.24%
Original Mortgage
$292,500
Outstanding Balance
$235,196
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$329,805

Purchase Details

Closed on
Aug 15, 2008
Sold by
Garrett Vernon K
Bought by
Garrett Vernon K and Garrett Jesse K

Purchase Details

Closed on
Jul 31, 2008
Sold by
Garrett Vernon K
Bought by
Garrett Vernon K and Garrett Jesse K
Source: Public Records
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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
Oscar Therese Ann $325,000 Universal Title
Garrett Vernon K -- --
Garrett Vernon K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oscar Therese Ann $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $325,000 -13.1% $449 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/05/2016 10/05/16 Price Changed $373,800 0.0% $516 / Sq Ft
09/15/2016 09/15/16 Price Changed $373,900 0.0% $516 / Sq Ft
08/29/2016 08/29/16 Price Changed $374,000 -0.3% $517 / Sq Ft
07/23/2016 07/23/16 Price Changed $375,000 -2.0% $518 / Sq Ft
07/20/2016 07/20/16 Price Changed $382,800 0.0% $529 / Sq Ft
07/15/2016 07/15/16 Price Changed $382,900 0.0% $529 / Sq Ft
07/05/2016 07/05/16 Price Changed $383,000 -2.0% $529 / Sq Ft
06/28/2016 06/28/16 Price Changed $391,000 -2.2% $540 / Sq Ft
06/17/2016 06/17/16 Price Changed $399,900 -2.4% $552 / Sq Ft
06/07/2016 06/07/16 Price Changed $409,900 +2.5% $566 / Sq Ft
06/07/2016 06/07/16 Price Changed $399,999 -5.9% $552 / Sq Ft
05/20/2016 05/20/16 For Sale $425,000 -- $587 / 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 $6,022 $510,600 -- --
2024 $6,022 $498,600 $403,000 $95,600
2023 $5,802 $482,433 $0 $0
2022 $4,872 $466,267 $0 $0
2020 $5,139 $448,533 $0 $0
2019 $5,127 $446,967 $0 $0
2018 $4,516 $445,400 $371,400 $74,000
2017 $2,417 $428,000 $0 $0
2016 -- $410,600 $0 $0
2015 -- $393,200 $0 $0
2014 -- $393,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001301703

Bright MLS

APN: 03-503-10983020