NOT LISTED FOR SALE

742 Broadwater Way Gibson Island, MD 21056

Estimated Value: $1,781,000 - $2,350,000

5 Beds
5 Baths
3,074 Sq Ft
$689/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $1,300,000 $423 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,737/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of October 2019

This home is located at 742 Broadwater Way, Gibson Island, MD 21056 since 11 October 2019 and is currently estimated at $2,117,488, approximately $688 per square foot. This property was built in 1940. 742 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.

Last Agent to Sell the Property

Nina Tracey

Hubble Bisbee Christie's International Real Estate License #0225264160 Listed on: 10/11/2019

Last Buyer's Agent

Karen Hubble Bisbee

Hubble Bisbee Christie's International Real Estate License #50601

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,960

Year Built

  • Built in 1940

Lot Details

  • 0.79 Acre Lot
  • Property is zoned R1

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,074 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Gibson Island Subdivision

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 020335004706500

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,960

Year Built

Built in 1940

Lot Details

0

HOA Fees

$683 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 3074
  • Living Area Sq Ft: 3074
  • Price Per Sq Ft: 438.84
  • Above Grade Finished Sq Ft: 3074
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 742

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned, Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 683.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: 296400.00
  • Land Assessed Value: 971500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.79
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34362.00
  • Year Assessed: 2019
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224183
  • Tax Annual Amount: 14960.00
  • Assessor Parcel Number: 020335004706500
  • Tax Lot: 215
  • Tax Total Finished Sq Ft: 3074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/11/2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Oct 11, 2019
Sold by
Fiore Margaret Soyster and Fiore Elizabeth Baird
Bought by
Cathcart Christopher C and Cathcart Elizabeth C
Seller's Agent
Nina Tracey
Hubble Bisbee Christie's International Real Estate
Buyer's Agent
Karen Hubble Bisbee
Hubble Bisbee Christie's International Real Estate
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Current Estimated Value
$2,117,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,488
Avg. Annual Appreciation
8.71%
Original Mortgage
$900,000
Outstanding Balance
$771,162
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,346,326

Purchase Details

Closed on
Feb 4, 2019
Sold by
Soyster Elizabeth B and Soyster Elizabeth Baird
Bought by
Soyster Elizabeth Baird and The Elizabeth Baird Soyster Re

Purchase Details

Closed on
Dec 30, 1999
Sold by
Garrity Rachael M
Bought by
Herrick William M and Soyster Elizabeth B

Purchase Details

Closed on
Jun 3, 1999
Sold by
Garrity Rachael M
Bought by
Garrity Rachael M

Purchase Details

Closed on
Oct 7, 1998
Sold by
Garrity John T
Bought by
Garrity Rachael 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
Cathcart Christopher C $1,300,000 American Land Title Corp
Soyster Elizabeth Baird -- None Available
Herrick William M $893,000 --
Garrity Rachael M -- --
Garrity Rachael M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathcart Christopher C $900,000
Closed Herrick William M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $1,300,000 -3.6% $423 / Sq Ft
10/11/2019 10/11/19 For Sale $1,349,000 -- $439 / 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 $18,199 $1,695,700 -- --
2024 $18,199 $1,341,700 $1,001,500 $340,200
2023 $17,823 $1,317,100 $0 $0
2022 $16,880 $1,292,500 $0 $0
2021 $16,561 $1,267,900 $971,500 $296,400
2020 $16,069 $1,229,200 $0 $0
2019 $11,758 $1,190,500 $0 $0
2018 $11,679 $1,151,800 $851,500 $300,300
2017 $10,930 $1,151,800 $0 $0
2016 -- $1,151,800 $0 $0
2015 -- $1,331,400 $0 $0
2014 -- $1,331,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nina Tracey

    Seller's Agent in 2019

    Nina Tracey

    Hubble Bisbee Christie's International Real Estate

    (410) 303-6458

    10 in this area

    39 Total Sales

    Section Image
  • Karen Hubble Bisbee

    Buyer's Agent in 2019

    Karen Hubble Bisbee

    Hubble Bisbee Christie's International Real Estate

    (443) 838-0438

    337 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA416002

Bright MLS

APN: 03-350-04706500

Maryland Anne Arundel County 21056

742 Broadwater Way, MD

This home is located at 742 Broadwater Way, Gibson Island, MD 21056 since 11 October 2019 and is currently estimated at $2,117,488, approximately $688 per square foot. This property was built in 1940. 742 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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