NOT LISTED FOR SALE

771 Skywater Rd Gibson Island, MD 21056

Estimated Value: $2,901,990 - $3,917,000

5 Beds
5.5 Baths
5,598 Sq Ft
$592/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $1,650,000 $295 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $20,179/month

Highlights

  • Water Views
  • Home fronts navigable water
  • 24-Hour Security
  • Boat or Launch Ramp
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of January 2016

Elegance, charm, and privacy, this fabulous listing has it all! Situated on a landscaped acre lot within sight of the Chesapeake Bay and Magothy River, the interior offers an amazing floor plan that adapts to your lifestyle. Updated and sparkling, it is ready for its new occupants to put the key in the door!

Last Agent to Sell the Property

Corey Burr

(301) 346-3345 cburr@ttrsir.com TTR Sotheby's International Realty License #35846 Listed on: 09/13/2014

TTR Sotheby's International Realty

Co-Listed By

Sarah Kanne

skanne@ttrsir.com TTR Sotheby's International Realty

Last Buyer's Agent

Nina Tracey

(410) 303-6458 NinaBoykinTracey@gmail.com Hubble Bisbee Christie's International Real Estate License #0225264160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,808

Year Built

  • Built in 1961

Lot Details

  • 1.1 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $552 Monthly HOA Fees

Parking

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

Property Views

  • Water
  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • 3 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Security Gate
  • Attic
  • Basement

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Boat or Launch Ramp
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 020335021013000

Community Details

Overview

  • Association fees include security gate
  • Gibson Island Corporation Community
  • Gibson Island Subdivision

Recreation

  • Fishing Allowed
  • Jogging Path

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,808

Year Built

Built in 1961

Lot Details

0

HOA Fees

$552 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,,Furniture Conveys
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1961
  • Remarks Public: Elegance, charm, and privacy, this fabulous listing has it all! Situated on a landscaped acre lot within sight of the Chesapeake Bay and Magothy River, the interior offers an amazing floor plan that adapts to your lifestyle. Updated and sparkling, it is ready for its new occupants to put the key in the door!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Refrigerator, Washer - Front Loading, Dryer - Front Loading, Oven/Range - Electric
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Curved Staircase, Window Treatments, Entry Level Bedroom, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Study, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Living Area Units: Square Feet
  • Street Number Modifier: 771

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco
  • Construction Completed: No
  • View: Water, Garden/Lawn, Trees/Woods
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • 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: Yes

Garage/Parking

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

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • 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: 552.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Security
  • HOA Condo Co-Op Fee Includes: Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 532000.00
  • Land Assessed Value: 1032900.00
  • Lot Size Acres: 1.10
  • Lot Size Area: 47736
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47736.00
  • Outdoor Living Structures: Terrace
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224278
  • Tax Annual Amount: 16807.70
  • Assessor Parcel Number: 020335021013000
  • Tax Lot: 217
  • Tax Total Finished Sq Ft: 5598
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/25/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3
  • Waterfront Features: Boat/Launch Ramp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2014
Closed on
Jan 25, 2016
Sold by
Cody Neal K and Cody Helenmary
Bought by
Asher David L and Asher Linda M
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Nina Tracey
Hubble Bisbee Christie's International Real Estate
List Price
$2,350,000
Sold Price
$1,650,000
Premium/Discount to List
-$700,000
-29.79%
Current Estimated Value
$3,314,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,664,498
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,320,000
Outstanding Balance
$1,032,020
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,282,478

Purchase Details

Closed on
Apr 4, 2001
Sold by
Kane Dennis B
Bought by
Cody Neal K and Cody Helenmary
Source: Public Records

Range of Values:

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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
Asher David L $1,650,000 Sage Title Group Llc
Cody Neal K $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asher David L $1,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $1,650,000 -8.1% $295 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
07/09/2015 07/09/15 Price Changed $1,795,000 -9.1% $321 / Sq Ft
01/14/2015 01/14/15 Price Changed $1,975,000 -16.0% $353 / Sq Ft
09/13/2014 09/13/14 For Sale $2,350,000 -- $420 / 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 $23,821 $2,213,433 -- --
2024 $23,821 $1,786,800 $1,004,900 $781,900
2023 $23,257 $1,740,200 $0 $0
2022 $21,963 $1,693,600 $0 $0
2021 $42,971 $1,647,000 $974,900 $672,100
2020 $21,135 $1,618,867 $0 $0
2019 $20,785 $1,590,733 $0 $0
2018 $15,845 $1,562,600 $854,900 $707,700
2017 $19,978 $1,562,600 $0 $0
2016 -- $1,562,600 $0 $0
2015 -- $1,564,900 $0 $0
2014 -- $1,564,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003202472

Bright MLS

APN: 03-350-21013000