NOT LISTED FOR SALE

744 Bywater Rd Gibson Island, MD 21056

Estimated Value: $1,685,294 - $2,296,000

4 Beds
3.5 Baths
2,433 Sq Ft
$823/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,175,000 $483 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,648/month

Highlights

  • Beach
  • Newspaper Service
  • View of Trees or Woods
  • 24-Hour Security
  • Gated Community
  • Lake Privileges

About This Home

As of September 2018

Charming vintage cottage with 4BR, 3 1/2BA, large eat-in country kitchen, spacious living room with wood-burning FP, TV room, a wonderful sunroom with lovely views, 2 car garage. Located on corner lot with beautiful mature gardens. Property is walking distance to a sandy beach, Gibson Island Point and Otter Pond. Gibson Island is 25 minutes from BWI, Amtrak Train Station, no Bay Bridge to cross.

Last Agent to Sell the Property

Sarah Kanne

(301) 351-1319 sarahkanne@gibsonisland.com Gibson Island Real Estate INC License #651972 Listed on: 06/13/2018

Last Buyer's Agent

Sarah Kanne

(301) 351-1319 sarahkanne@gibsonisland.com Gibson Island Real Estate INC License #651972 Listed on: 06/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,285

Year Built

  • Built in 1928

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Decorative Fence
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Garden

Home Design

  • Cottage
  • Asphalt Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,433 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Casement Windows
  • French Doors
  • Living Room
  • Den
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Flood Lights

Outdoor Features

  • Lake Privileges

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 020335016374905

Community Details

Overview

  • Association fees include common area maintenance, insurance, trash, security gate
  • 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
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,285

Year Built

Built in 1928

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 ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1928
  • Remarks Public: Charming vintage cottage with 4BR, 3 1/2BA, large eat-in country kitchen, spacious living room with wood-burning FP, TV room, a wonderful sunroom with lovely views, 2 car garage. Located on corner lot with beautiful mature gardens. Property is walking distance to a sandy beach, Gibson Island Point and Otter Pond. Gibson Island is 25 minutes from BWI, Amtrak Train Station, no Bay Bridge to cross.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Dishwasher, Microwave, Washer, Dryer, Energy Star Refrigerator
  • Interior Amenities: Kitchen - Country, Kitchen - Eat-In, Wood Floors, Crown Moldings, Upgraded Countertops, Built-Ins, Window Treatments, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Casement, Skylights
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Levels Count: 3+
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Bedroom 1, Sun/Florida Room, Utility Room
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 2433
  • Living Area Sq Ft: 2433
  • Price Per Sq Ft: 482.94
  • Above Grade Finished Sq Ft: 2433
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 744

Beds/Baths

  • Bedrooms: 4
  • 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

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Shingle Siding
  • Exterior Features: Flood Lights
  • Roof: Asphalt
  • 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 Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard, 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, Bike Trail, Common Grounds, Gated Community, Jog/Walk Path, Newspaper Service, Picnic Area, Security, Water/Lake Privileges, Lake
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Partially, Decorative
  • Improvement Assessed Value: 190700.00
  • Land Assessed Value: 829500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.41
  • Lot Size Area: 18000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R1

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224254
  • Tax Annual Amount: 13285.15
  • Assessor Parcel Number: 020335016374905
  • Tax Lot: 169
  • Tax Total Finished Sq Ft: 2433
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/07/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 7, 2018
Sold by
Buffon Charles Edward and Buffon Kathleen Vreeland
Bought by
Bywater Road Llc
Seller's Agent
Sarah Kanne
Gibson Island Real Estate INC
Buyer's Agent
Sarah Kanne
Gibson Island Real Estate INC
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$2,001,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,574
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Pitts Gregory A
Bought by
Buffon Charles E and Buffon Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Pitts Gregory A
Bought by
Buffon Charles E and Buffon Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Dillon Patrick W
Bought by
Pitts Gregory A and Pitts Erin P
Source: Public Records

Range of Values:

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Average Value
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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
Bywater Road Llc $1,175,000 Atlantic Title & Escrow Co
Buffon Charles E $1,250,000 --
Buffon Charles E $1,250,000 --
Pitts Gregory A $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buffon Charles E $800,000
Previous Owner Buffon Charles E $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $1,175,000 0.0% $483 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $1,175,000 -- $483 / 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 $16,253 $1,541,600 -- --
2024 $16,253 $1,197,400 $977,000 $220,400
2023 $15,953 $1,178,167 $0 $0
2022 $15,145 $1,158,933 $0 $0
2021 $14,895 $1,139,700 $947,000 $192,700
2020 $14,388 $1,099,867 $0 $0
2019 $13,880 $1,060,033 $0 $0
2018 $10,345 $1,020,200 $829,500 $190,700
2017 $13,054 $1,020,200 $0 $0
2016 -- $1,020,200 $0 $0
2015 -- $1,195,500 $0 $0
2014 -- $1,195,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001857904

Bright MLS

APN: 03-350-16374905