NOT LISTED FOR SALE

738 Broadwater Way Gibson Island, MD 21056

Estimated Value: $1,757,000 - $2,516,000

5 Beds
3.5 Baths
3,310 Sq Ft
$658/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $1,200,000 $363 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $14,120/month

361 Days on Market

Highlights

  • Beach
  • Water Access
  • View of Trees or Woods
  • Home fronts navigable water
  • Public Beach
  • Colonial Architecture

About This Home

As of May 2017

Picturesque, one level, Charleston Colonial w/ front porch with gazebo and rarely available, separate, spacious guest quarters with a dedicated side entrance above a detached two-car garage. Situated on lovely grounds (.73 acre) near Otter Pond, this charming 5BR/3.5BA house with an inviting floor plan is a must see. Guest area includes BR, BA, LR, Dining area, Kit w/ pantry & great closet space.

Last Agent to Sell the Property

Corey Burr

TTR Sotheby's International Realty License #35846 Listed on: 03/28/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Sarah Kanne

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,027

Year Built

  • Built in 1957

Lot Details

  • 0.73 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Property is zoned R1

HOA Fees

  • $609 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3,310 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 2 Fireplaces
  • Screen For Fireplace
  • Window Treatments
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property near a bay
  • Available By Lease
  • Physical Dock Slip Conveys
  • Patio
  • Porch

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 020335014423800

Community Details

Overview

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

Amenities

  • Common Area
  • Meeting Room

Recreation

  • Beach
  • Baseball Field

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,027

Year Built

Built in 1957

Lot Details

0

HOA Fees

$609 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Remarks Public: Picturesque, one level, Charleston Colonial w/ front porch with gazebo and rarely available, separate, spacious guest quarters with a dedicated side entrance above a detached two-car garage. Situated on lovely grounds (.73 acre) near Otter Pond, this charming 5BR/3.5BA house with an inviting floor plan is a must see. Guest area includes BR, BA, LR, Dining area, Kit w/ pantry & great closet space.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Dining Area, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3310
  • Living Area Sq Ft: 3310
  • Price Per Sq Ft: 385.20
  • Above Grade Finished Sq Ft: 3310
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 738

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access Features: Public Beach
  • 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: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 609.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Beach, Common Grounds, Meeting Room, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, 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
  • Elementary School: BODKIN
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • School District Key: 121140671932
  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Improvement Assessed Value: 317000.00
  • Land Assessed Value: 898900.00
  • Lot Size Acres: 0.73
  • Lot Size Area: 31920
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31920.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224241
  • Tax Annual Amount: 18027.18
  • Assessor Parcel Number: 020335014423800
  • Tax Lot: 214
  • Tax Total Finished Sq Ft: 3308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/31/2017

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

Closed on
May 13, 2019
Sold by
Ambler Robin P and Ambler Scott K
Bought by
Ambler Robin P and Ambler Scott K
Current Estimated Value
$2,177,524

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 31, 2017
Sold by
Nash Stuart Gordon
Bought by
Ambler Robin P and Ambler Scott K
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Sarah Kanne
TTR Sotheby's International Realty
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$400,000
Outstanding Balance
$336,238
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,904,404

Purchase Details

Closed on
Jan 25, 2017
Sold by
Nash Stuart Gordon
Bought by
Nash Stuart Gordon

Purchase Details

Closed on
Jul 9, 2005
Sold by
Curtis Ann M
Bought by
Gordon L Nash Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 1997
Sold by
Bisbee Stephen F
Bought by
Curtis Ann M
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
Ambler Robin P -- None Available
Ambler Robin P $1,200,000 Atlantic Title & Escrow Co
Nash Stuart Gordon -- None Available
Gordon L Nash Living Trust $1,500,000 --
Curtis Ann M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambler Robin P $400,000
Previous Owner Nash Gordon L $404,000
Previous Owner Gordon L Nash Living Trust $320,000
Previous Owner Gordon L Nash Living Trust $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $1,200,000 -5.9% $363 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
08/15/2016 08/15/16 Price Changed $1,275,000 -7.3% $385 / Sq Ft
03/28/2016 03/28/16 For Sale $1,375,000 -- $415 / 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
2024 $19,066 $1,512,500 $1,046,900 $465,600
2023 $18,523 $1,454,600 $0 $0
2022 $17,411 $1,396,700 $0 $0
2021 $33,873 $1,338,800 $1,016,900 $321,900
2020 $16,593 $1,297,800 $0 $0
2019 $32,508 $1,256,800 $0 $0
2018 $12,328 $1,215,800 $898,900 $316,900
2017 $15,563 $1,215,800 $0 $0
2016 -- $1,215,800 $0 $0
2015 -- $1,394,900 $0 $0
2014 -- $1,394,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001298571

Bright MLS

APN: 03-350-14423800