NOT LISTED FOR SALE

731 Bywater Rd Gibson Island, MD 21056

Estimated Value: $3,078,313 - $3,763,000

4 Beds
3 Baths
2,688 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $2,500,000 $930 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $21,662/month

Highlights

  • 327 Feet of Waterfront
  • Beach
  • Newspaper Service
  • 1 Boat Dock
  • 24-Hour Security
  • Bay View

About This Home

As of June 2018

1.1 acre Bay waterfront, jaw dropping views, only private dock on the Bay on GI, on private cul de sac, spectacular outdoor spaces, adjoins private sandy beach, lovely four bedroom,three bath cottage, eat-in kitchen, large living room with fireplace, two car garage, private Island with freshwater lake, near DC, BWI, train, security, club by invitation, fully permitted plans for new home available

Last Agent to Sell the Property

Sarah Kanne

(301) 351-1319 sarahkanne@gibsonisland.com Gibson Island Real Estate INC License #651972 Listed on: 04/16/2018

Last Buyer's Agent

Sarah Kanne

(301) 351-1319 sarahkanne@gibsonisland.com Gibson Island Real Estate INC License #651972 Listed on: 04/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,758

Year Built

  • Built in 1927

Lot Details

  • 1.1 Acre Lot
  • 327 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Electric Fence
  • Landscaped
  • Private Lot
  • Premium Lot
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Bay
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Cottage
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Casement Windows
  • Window Screens
  • French Doors
  • Sitting Room
  • Living Room
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Security Gate
  • Storm Windows

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Lake Privileges

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 263
  • Assessor Parcel Number 020335029907100

Community Details

Overview

  • Association fees include insurance, security gate, trash
  • Gibson Island Corporation Community
  • Gibson Island Subdivision
  • The community has rules related to alterations or architectural changes, covenants
  • Community Lake

Amenities

  • Newspaper Service
  • Picnic Area
  • Common Area

Recreation

  • Beach

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,758

Year Built

Built in 1927

Lot Details

0

HOA Fees

$640 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1927
  • Remarks Public: 1.1 acre Bay waterfront, jaw dropping views, only private dock on the Bay on GI, on private cul de sac, spectacular outdoor spaces, adjoins private sandy beach, lovely four bedroom,three bath cottage, eat-in kitchen, large living room with fireplace, two car garage, private Island with freshwater lake, near DC, BWI, train, security, club by invitation, fully permitted plans for new home available
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Exhaust Fan, Washer - Front Loading, Water Heater, Oven/Range - Electric, Range Hood, Refrigerator
  • Interior Amenities: Butlers Pantry, Kitchen - Eat-In, Entry Level Bedroom, Built-Ins, Crown Moldings, Window Treatments, Primary Bath(s), Curved Staircase, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Window Features: Casement, Storm, Screens
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Beamed Ceilings
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Laundry, Utility Room, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 1004.46
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shingle Siding
  • Exterior Features: Outside Shower, Underground Lawn Sprinkler
  • Roof: Asphalt
  • View: Water, Bay, Trees/Woods, Garden/Lawn, Scenic Vista
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 327

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Asphalt Driveway
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • 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: 640.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Gated Community, Lake, Picnic Area, Security, Water/Lake Privileges, Newspaper Service
  • HOA Condo Co-Op Fee Includes: Insurance, Security Gate, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Restrictions, Alterations/Architectural Changes
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Fencing: Electric
  • Improvement Assessed Value: 145300.00
  • Land Assessed Value: 2561700.00
  • Lot Features: Bulkheaded, Cul-De-Sac, Landscaping, Private, Premium
  • Lot Size Acres: 1.10
  • Lot Size Area: 48086
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48086.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R1

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224328
  • Tax Annual Amount: 34758.11
  • Assessor Parcel Number: 020335029907100
  • Tax Lot: 263
  • Tax Total Finished Sq Ft: 2358
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/01/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 1
  • 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

Closed on
Apr 24, 2025
Sold by
Shannon Patrick H and Shannon Karoline K
Bought by
Patrick Haase Shannon Revocable Trust and Karoline Kay Shannon Revocable Trust
Current Estimated Value
$3,342,828

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 1, 2018
Sold by
Cross Gregory A and Cross Christine W
Bought by
Shannon Patrick H and Shannon Karoline K
Seller's Agent
Sarah Kanne
Gibson Island Real Estate INC
Buyer's Agent
Sarah Kanne
Gibson Island Real Estate INC
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$2,249,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2015
Closed on
May 23, 2016
Sold by
Sentimore Christopher J and Sentimore Mary K
Bought by
Cross Gregory A and Cross Christine W
Seller's Agent
Ellie Shorb
Compass
Buyer's Agent
Sarah Kanne
TTR Sotheby's International Realty
List Price
$2,845,000
Sold Price
$2,700,000
Premium/Discount to List
-$145,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.74%

Purchase Details

Closed on
Oct 18, 1995
Sold by
Tappan Betty S
Bought by
Kelly Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,800
Interest Rate
7.6%
Source: Public Records

Range of Values:

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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
Patrick Haase Shannon Revocable Trust -- None Listed On Document
Patrick Haase Shannon Revocable Trust -- None Listed On Document
Shannon Patrick H $2,500,000 Atlantic Title & Escrow Co
Cross Gregory A $2,700,000 First American Title Ins Co
Kelly Stephen J $801,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shannon Patrick H $2,249,750
Previous Owner Kelly Stephen J $640,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2018 06/01/18 Sold $2,500,000 -7.4% $930 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $2,700,000 0.0% $1,004 / Sq Ft
05/23/2016 05/23/16 Sold $2,700,000 -5.1% $1,145 / Sq Ft View Prior Sale
11/30/2015 11/30/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $2,845,000 -- $1,207 / 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 $38,746 $2,889,733 -- --
2024 $38,746 $2,864,700 $2,861,700 $3,000
2023 $39,707 $2,942,800 $0 $0
2022 $36,795 $2,825,500 $0 $0
2021 $35,271 $2,708,200 $2,561,700 $146,500
2020 $35,291 $2,707,800 $0 $0
2019 $35,313 $2,707,400 $0 $0
2018 $27,449 $2,707,000 $2,561,700 $145,300
2017 $34,496 $2,707,000 $0 $0
2016 -- $2,707,000 $0 $0
2015 -- $2,732,300 $0 $0
2014 -- $2,727,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Kanne

    Seller's Agent in 2018

    Sarah Kanne

    Gibson Island Real Estate INC

    (301) 351-1319

    31 in this area

    32 Total Sales

    Sarah Kanne
    Section Image
  • Ellie Shorb

    Seller's Agent in 2016

    Ellie Shorb

    Compass

    (240) 338-8919

    56 Total Sales

    Ellie Shorb
    Section Image
  • Janet Rushford

    Seller Co-Listing Agent in 2016

    Janet Rushford

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (301) 792-3190

    10 Total Sales

    Janet Rushford
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000404398

Bright MLS

APN: 03-350-29907100

Maryland Anne Arundel County 21056

731 Bywater Rd, MD

This home is located at 731 Bywater Rd, Gibson Island, MD 21056 since 16 April 2018 and is currently estimated at $3,342,828, approximately $1,243 per square foot. This property was built in 1927. 731 Bywater 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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