NOT LISTED FOR SALE

639 Broadwater Way Gibson Island, MD 21056

Estimated Value: $2,200,994 - $2,511,000

5 Beds
3.5 Baths
-- Sq Ft
0.43 Acres

Last Sold August 02, 2013

Last sale price $1,175,000

Est. 100% increase in value since last sale

Current estimated payment $14,426/month

Highlights

  • Beach
  • Gated Community
  • Open Floorplan
  • 24-Hour Security
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of August 2013

A charming New England Cape updated with the comforts of traditional design & anecdotal spaces---having a delightful open floor plan which invites both formal and informal living. A 1st floor master opens to a brick terrace and gardens bringing the outside in for entertaining at its best! It is centrally located near all island amenities and is ready for its new family! Possible owner financing.

Last Agent to Sell the Property

Barbara Ann Watson

babawatson@gmail.com Gibson Island Real Estate INC License #MRIS:49818 Listed on: 09/14/2011

Co-Listed By

Corey Burr

(301) 346-3345 cburr@gibsonisland.com Gibson Island Real Estate INC

Last Buyer's Agent

Barbara Ann Watson

babawatson@gmail.com Gibson Island Real Estate INC License #MRIS:49818 Listed on: 09/14/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,355

Year Built

  • Built in 1933 | Remodeled in 2006

Lot Details

  • 0.43 Acre Lot
  • Backs To Open Common Area
  • East Facing Home
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shake Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Wood Flooring
  • Security Gate

Kitchen

  • Eat-In Country Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Terrace

Utilities

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

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 020335021900250

Community Details

Overview

  • Association fees include management, road maintenance, trash, security gate
  • $37 Other Monthly Fees
  • Gibson Island Subdivision
  • The community has rules related to alterations or architectural changes, covenants
  • Community Lake

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Beach
  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,355

Year Built

Built in 1933 | Remodeled in 2006

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1933
  • Year Renovated: 2006
  • Remarks Public: A charming New England Cape updated with the comforts of traditional design & anecdotal spaces---having a delightful open floor plan which invites both formal and informal living. A 1st floor master opens to a brick terrace and gardens bringing the outside in for entertaining at its best! It is centrally located near all island amenities and is ready for its new family! Possible owner financing.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Country, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Bedroom 1, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 639

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar, Frame, Shingle Siding
  • Construction Completed: No
  • Roof: Shake
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 462.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Gated Community, Jog/Walk Path, Lake, Picnic Area, Security
  • HOA Condo Co-Op Fee Includes: Management, Road Maintenance, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • HOA: Yes

Fee Information

  • Other Fees: 37.00
  • Other Fees Frequency: Monthly

Lot Info

  • Improvement Assessed Value: 205600.00
  • Land Assessed Value: 1012100.00
  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.43
  • Lot Size Area: 18744
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18744.00
  • Outdoor Living Structures: Terrace
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224286
  • Tax Annual Amount: 12354.58
  • Assessor Parcel Number: 020335021900250
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 2652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 08/02/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2011
Closed on
Aug 2, 2013
Sold by
Garland Phillip and Garland Cynthia
Bought by
Owen Susan O
Seller's Agent
Barbara Ann Watson
Gibson Island Real Estate INC
Buyer's Agent
Barbara Ann Watson
Gibson Island Real Estate INC
List Price
$1,535,000
Sold Price
$1,175,000
Premium/Discount to List
-$360,000
-23.45%
Current Estimated Value
$2,353,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,499
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Dobkin David R
Bought by
Garland Philip and Garland Cynthia

Purchase Details

Closed on
Apr 25, 2001
Sold by
Dobkin David R
Bought by
Dobkin David R and Dobkin Andrea L

Purchase Details

Closed on
Jun 27, 1997
Sold by
Nelson Joseph T
Bought by
Dobkin David R
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
Owen Susan O $1,175,000 Mid Atlantic Title Llc
Garland Philip $840,000 --
Dobkin David R -- --
Dobkin David R $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dobkin David R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $1,175,000 0.0% --
05/13/2013 05/13/13 Pending -- -- --
04/20/2013 04/20/13 Off Market $1,175,000 -- --
06/05/2012 06/05/12 Price Changed $1,250,000 -9.7% --
01/07/2012 01/07/12 Price Changed $1,385,000 -9.8% --
09/14/2011 09/14/11 For Sale $1,535,000 -- --
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 $17,243 $1,625,433 -- --
2024 $17,243 $1,286,500 $984,800 $301,700
2023 $16,910 $1,273,400 $0 $0
2022 $16,048 $1,260,300 $0 $0
2021 $31,554 $1,247,200 $954,800 $292,400
2020 $15,418 $1,205,900 $0 $0
2019 $15,065 $1,164,600 $0 $0
2018 $11,390 $1,123,300 $836,300 $287,000
2017 $14,386 $1,123,300 $0 $0
2016 -- $1,123,300 $0 $0
2015 -- $1,189,700 $0 $0
2014 -- $1,189,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004589398

Bright MLS

APN: 03-350-21900250