NOT LISTED FOR SALE

632 Broadwater Way Gibson Island, MD 21056

Estimated Value: $2,458,000 - $3,235,288

5 Beds
4.5 Baths
4,900 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,650,000 $337 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $17,926/month

Highlights

  • Water Views
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Open Floorplan
  • Craftsman Architecture

About This Home

As of May 2016

Superb, 5-year old Shingle style house set above the street with scenic views of corporation property across street and Chesapeake Bay in the distance. Features 3 levels, large, open LR/DR area opening to wraparound, covered porch, gourmet Kit w/ center island, screened porch, 4BR/3BA up, finished LL w/ BR/BA and media room, 2-car, oversized garage, level backyard and professional landscaping.

Last Agent to Sell the Property

Corey Burr

(301) 346-3345 cburr@ttrsir.com TTR Sotheby's International Realty License #35846 Listed on: 07/21/2015

TTR Sotheby's International Realty

Last Buyer's Agent

Sarah Kanne

skanne@ttrsir.com TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,554

Year Built

  • Built in 2010

Lot Details

  • 0.61 Acre Lot
  • Home fronts navigable water
  • East Facing Home
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Craftsman Architecture
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Water Access
  • Property near a bay
  • Available By Lease
  • Physical Dock Slip Conveys
  • Lake Privileges
  • Balcony
  • Screened Patio
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 020335012476800

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, reserve funds, trash, security gate
  • Gibson Island Corporation Community
  • Gibson Island Subdivision

Additional Features

  • Common Area
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,554

Year Built

Built in 2010

Lot Details

0

HOA Fees

$552 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2010
  • Remarks Public: Superb, 5-year old Shingle style house set above the street with scenic views of corporation property across street and Chesapeake Bay in the distance. Features 3 levels, large, open LR/DR area opening to wraparound, covered porch, gourmet Kit w/ center island, screened porch, 4BR/3BA up, finished LL w/ BR/BA and media room, 2-car, oversized garage, level backyard and professional landscaping.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer - Front Loading
  • Interior Amenities: Kitchen - Country, Kitchen - Island, Combination Dining/Living, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance, Sump Pump, Daylight, Partial, Full, Improved, Outside Entrance, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 4900
  • Living Area Sq Ft: 4900
  • Price Per Sq Ft: 520.29
  • Above Grade Finished Sq Ft: 3450
  • Below Grade Finished Sq Ft: 1450
  • Total Below Grade Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 632

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • Construction Completed: No
  • Roof: Asphalt
  • View: Scenic Vista, Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 552.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Security, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Reserve Funds, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 461000.00
  • Land Assessed Value: 985100.00
  • Lot Size Acres: 0.61
  • Lot Size Area: 26600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26600.00
  • Outdoor Living Structures: Balcony, Wrap Around, Screened
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224226
  • Tax Annual Amount: 15554.36
  • Assessor Parcel Number: 020335012476800
  • Tax Lot: 66
  • Tax Total Finished Sq Ft: 2441
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/23/2016

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2015
Closed on
Jul 18, 2016
Sold by
Trowern Steven and Jordan Marcella
Bought by
Marcella J Jordan Revocable Trust
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Sarah Kanne
TTR Sotheby's International Realty
List Price
$1,860,000
Sold Price
$1,650,000
Premium/Discount to List
-$210,000
-11.29%
Current Estimated Value
$2,896,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246,072
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,237,500
Outstanding Balance
$967,442
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,928,630

Purchase Details

Listed on
Jul 21, 2015
Closed on
May 19, 2016
Sold by
Donnell Thomas J O and O Donnell Revocable T Thomas J
Bought by
Trowern Steven and Jordan Marcella
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Sarah Kanne
TTR Sotheby's International Realty
List Price
$1,860,000
Sold Price
$1,650,000
Premium/Discount to List
-$210,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Outstanding Balance
$967,442
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,928,630

Purchase Details

Closed on
Nov 25, 2013
Sold by
Donnell Thomas J O and Fawcett Caroline S
Bought by
Donnell Thomas J O and O Donnell Revocable T Thomas J

Purchase Details

Closed on
Sep 29, 2006
Sold by
Blair Joseph
Bought by
O'Donnell Thomas J and Fawcett Caroline S

Purchase Details

Closed on
Sep 20, 2006
Sold by
Blair Joseph
Bought by
O'Donnell Thomas J and Fawcett Caroline S
Source: Public Records

Range of Values:

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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
Marcella J Jordan Revocable Trust -- Linear Title & Closing
Trowern Steven $1,650,000 Linear Title & Closing
Donnell Thomas J O -- None Available
O'Donnell Thomas J $750,000 --
O'Donnell Thomas J $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trowern Steven $1,237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $1,650,000 -8.1% $337 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
11/21/2015 11/21/15 Price Changed $1,795,000 -3.5% $366 / Sq Ft
07/21/2015 07/21/15 For Sale $1,860,000 -- $380 / 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 $23,504 $2,056,600 -- --
2024 $23,504 $1,734,900 $999,600 $735,300
2023 $22,918 $1,695,567 $0 $0
2022 $21,605 $1,656,233 $0 $0
2021 $21,094 $1,616,900 $969,600 $647,300
2020 $19,755 $1,512,733 $0 $0
2019 $18,415 $1,408,567 $0 $0
2018 $13,227 $1,304,400 $849,600 $454,800
2017 $16,691 $1,304,400 $0 $0
2016 -- $1,304,400 $0 $0
2015 -- $1,446,100 $0 $0
2014 -- $1,446,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002673976

Bright MLS

APN: 03-350-12476800