NOT LISTED FOR SALE

527 Broadwater Way Gibson Island, MD 21056

Estimated Value: $3,440,776 - $5,100,000

5 Beds
4 Baths
3,726 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $2,850,000 $765 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $25,325/month

Highlights

  • Home fronts navigable water
  • Sandy Beach
  • 1 Fireplace
  • Water Access
  • Tudor Architecture
  • No HOA

About This Home

As of March 2019

One of the prettiest homes on Gibson Island. Closest proximity to the recently renovated Clubhouse, golf course, and pool. The architectural beauty of this home is timeless. Charm and uniqueness abound. Stunning great room can host any gathering big or small.Renovated kitchen open to Spacious sunroom and bay side brick terrace allow one to experience the gorgeous Chesapeake Bay views. A home to be treasured forever.

Last Agent to Sell the Property

Ginna Quinn

(443) 994-1467 gquinn@cbmove.com Coldwell Banker Realty Listed on: 02/20/2019

Coldwell Banker Realty

Last Buyer's Agent

Nina Tracey

(410) 303-6458 NinaBoykinTracey@gmail.com Hubble Bisbee Christie's International Real Estate License #0225264160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,910

Year Built

  • Built in 1922

Lot Details

  • 1.12 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 3,726 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Unfinished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Access
  • Property near a bay
  • Rip-Rap

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 290
  • Assessor Parcel Number 020335017697400

Community Details

Overview

  • No Home Owners Association
  • Gibson Island Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,910

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1922
  • Remarks Public: One of the prettiest homes on Gibson Island. Closest proximity to the recently renovated Clubhouse, golf course, and pool. The architectural beauty of this home is timeless. Charm and uniqueness abound. Stunning great room can host any gathering big or small.Renovated kitchen open to Spacious sunroom and bay side brick terrace allow one to experience the gorgeous Chesapeake Bay views. A home to be treasured forever.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Unfinished
  • Total Sq Ft: 3726
  • Living Area Sq Ft: 3726
  • Price Per Sq Ft: 939.35
  • Above Grade Finished Sq Ft: 3726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Cedar
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 361300.00
  • Land Assessed Value: 2200600.00
  • Lot Size Acres: 1.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48773.00
  • Year Assessed: 2018
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224262
  • Tax Annual Amount: 32910.00
  • Assessor Parcel Number: 020335017697400
  • Tax Lot: 290
  • Tax Total Finished Sq Ft: 3726
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/06/2019

Multi Family

  • Waterfront Features: Rip-Rap, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Haynes Ii William J
Bought by
Haynes William J
Current Estimated Value
$4,133,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 6, 2019
Sold by
Virginia L Bell Gibson Island Lp
Bought by
William J Haynes Ii Revocable Trust
Seller's Agent
Ginna Quinn
Coldwell Banker Realty
Buyer's Agent
Nina Tracey
Hubble Bisbee Christie's International Real Estate
List Price
$3,500,000
Sold Price
$2,850,000
Premium/Discount to List
-$650,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$1,868,859
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Haynes William J -- Servicelink
William J Haynes Ii Revocable Trust $2,850,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haynes William J $2,000,000
Previous Owner William J Haynes Ii Revocable Trust $1,868,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $2,850,000 -18.6% $765 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $3,500,000 -- $939 / 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 $39,850 $2,996,667 -- --
2024 $39,850 $2,946,500 $2,500,600 $445,900
2023 $37,088 $2,809,267 $0 $0
2022 $34,802 $2,672,033 $0 $0
2021 $33,019 $2,534,800 $2,200,600 $334,200
2020 $33,042 $2,534,800 $2,200,600 $334,200
2019 $33,067 $2,534,800 $2,200,600 $334,200
2018 $25,978 $2,561,900 $2,200,600 $361,300
2017 $32,275 $2,547,067 $0 $0
2016 -- $2,532,233 $0 $0
2015 -- $2,517,400 $0 $0
2014 -- $2,517,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginna Quinn

    Seller's Agent in 2019

    Ginna Quinn

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (443) 994-1467

    37 Total Sales

    Ginna Quinn
    Section Image
  • Nina Tracey

    Buyer's Agent in 2019

    Nina Tracey

    Hubble Bisbee Christie's International Real Estate

    (410) 303-6458

    11 in this area

    41 Total Sales

    Nina Tracey
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA374124

Bright MLS

APN: 03-350-17697400

Maryland Anne Arundel County 21056

527 Broadwater Way, MD

This home is located at 527 Broadwater Way, Gibson Island, MD 21056 since 20 February 2019 and is currently estimated at $4,133,925, approximately $1,109 per square foot. This property was built in 1922. 527 Broadwater 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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