NOT LISTED FOR SALE

448 Magothy Rd Gibson Island, MD 21056

Estimated Value: $3,260,000 - $5,026,000

-- Bed
3 Baths
3,601 Sq Ft
$1,117/Sq Ft Est. Value

About This Home

This home is located at 448 Magothy Rd, Gibson Island, MD 21056 and is currently estimated at $4,021,387, approximately $1,116 per square foot. 448 Magothy Rd is a home located in Anne Arundel County with nearby schools including Bodkin Elementary School, Chesapeake Bay Middle School, and Chesapeake High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2006
Sold by
Gamble Wendy
Bought by
Gibson Island Llc
Current Estimated Value
$4,021,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2006
Sold by
Gamble Wendy
Bought by
Gibson Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Gamble James L
Bought by
Gamble Co Wendy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Gibson Island Llc $4,250,000 --
Gibson Island Llc $4,250,000 --
Gamble Co Wendy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gibson Island Llc $40,000,000
Closed Gibson Island Llc $40,000,000
Source: Public Records

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 $43,116 $3,239,567 -- --
2024 $43,116 $3,188,600 $2,861,200 $327,400
2023 $41,291 $3,060,467 $0 $0
2022 $38,183 $2,932,333 $0 $0
2021 $36,519 $2,804,200 $2,561,200 $243,000
2020 $34,191 $2,623,200 $0 $0
2019 $31,862 $2,442,200 $0 $0
2018 $22,929 $2,261,200 $2,013,200 $248,000
2017 $28,872 $2,261,200 $0 $0
2016 -- $2,261,200 $0 $0
2015 -- $2,729,700 $0 $0
2014 -- $2,729,700 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County 21056

448 Magothy Rd, MD

This home is located at 448 Magothy Rd, Gibson Island, MD 21056 and is currently estimated at $4,021,387, approximately $1,116 per square foot. 448 Magothy Rd 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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