NOT LISTED FOR SALE

805 Rackham Rd Gibson Island, MD 21056

Estimated Value: $3,264,000 - $4,724,000

4 Beds
6 Baths
4,005 Sq Ft
$941/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $2,150,000 $537 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $24,060/month

190 Days on Market

Highlights

  • Water Views
  • Boat or Launch Ramp
  • Private Water Access
  • Beach
  • Private Beach
  • 24-Hour Security

About This Home

As of June 2018

Traditional treasure on beautifully-landscaped lot with mature trees. Master bedroom on first floor, family room off gourmet kitchen, first floor office, 3 guest bedrooms and loft upstairs, wine cellar and exercise room on lower walkout level, two screened porches with cathedral ceilings, zoned HVAC, central vacuum, large garage, irrigation system and garden shed.

Last Agent to Sell the Property

Sarah Kanne

Gibson Island Real Estate INC License #651972 Listed on: 10/02/2017

Last Buyer's Agent

Sarah Kanne

Gibson Island Real Estate INC License #651972 Listed on: 10/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,205

Year Built

  • Built in 2004

Lot Details

  • 1.47 Acre Lot
  • Private Beach
  • North Facing Home
  • Partially Fenced Property
  • Sprinkler System
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $640 Monthly HOA Fees

Parking

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

Property Views

  • Water
  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Home Gym
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Home Security

  • Security Gate
  • Intercom

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number 020335090039967

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Beach
  • Community Playground
  • Fishing Allowed
  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,205

Year Built

Built in 2004

Lot Details

0

HOA Fees

$640 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: Traditional treasure on beautifully-landscaped lot with mature trees. Master bedroom on first floor, family room off gourmet kitchen, first floor office, 3 guest bedrooms and loft upstairs, wine cellar and exercise room on lower walkout level, two screened porches with cathedral ceilings, zoned HVAC, central vacuum, large garage, irrigation system and garden shed.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Dryer, Freezer, Intercom, Microwave, Oven - Double, Refrigerator, Six Burner Stove, Trash Compactor, Washer
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Breakfast Area, Built-Ins, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Crown Moldings, Chair Railings, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Wood Ceilings, Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Exercise Room, Great Room, Laundry, Loft, Mud Room, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Daylight, Partial, Full, Partially Finished, Rear Entrance, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 805

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type
  • Exterior Features: Underground Lawn Sprinkler, Private Beach
  • Pool Private: No
  • Roof: Composite
  • View: Water, Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: No
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Central
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Gravity Sept Fld, 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, Jog/Walk Path, Lake, Picnic Area, Security, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • 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

  • Fencing: Partially
  • Improvement Assessed Value: 1034970.00
  • Land Assessed Value: 1002410.00
  • Lot Size Acres: 1.47
  • Lot Size Area: 64033
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64033.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2007
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Assessor Parcel Number: 15224381
  • Tax Annual Amount: 21205.11
  • Assessor Parcel Number: 020335090039967
  • Tax Lot: 219
  • Tax Page Number: 45
  • Tax Total Finished Sq Ft: 4005
  • Tax Year: 2016
  • Close Date: 06/15/2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Boehning Carolyn E and Boehning Richard P
Bought by
Carolyn E Boehning Revocable Trust and Boehning
Current Estimated Value
$3,767,899

Purchase Details

Closed on
Sep 11, 2018
Sold by
William C Mitchell
Bought by
Boehning Richard P and Boehning Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jun 15, 2018
Sold by
Mitchell Ii William C and Mitchell Sylvia N
Bought by
Boehning Richard P and Boehning Carolyn E
Seller's Agent
Sarah Kanne
Gibson Island Real Estate INC
Buyer's Agent
Sarah Kanne
Gibson Island Real Estate INC
List Price
$2,295,000
Sold Price
$2,150,000
Premium/Discount to List
-$145,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
May 7, 2003
Sold by
Spies William A
Bought by
Mitchell Ii William C and Mitchell Sylvia N

Purchase Details

Closed on
Sep 13, 1991
Sold by
Clemson D Buckey
Bought by
Spies William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
9.02%
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
Carolyn E Boehning Revocable Trust -- None Listed On Document
Boehning Richard P $2,150,000 --
Boehning Richard P $2,150,000 Atlantic Title & Escorw Co
Mitchell Ii William C $615,000 --
Spies William A $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boehning Richard P $750,000
Previous Owner Boehning Richard P $500,000
Previous Owner Boehning Richard P $517,500
Previous Owner Boehning Richard P --
Previous Owner Boehning Richard P $517,500
Previous Owner Spies William A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $2,150,000 -6.3% $537 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $2,295,000 -- $573 / 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 $33,474 $3,090,900 -- --
2024 $33,474 $2,473,900 $1,387,200 $1,086,700
2023 $32,520 $2,408,933 $0 $0
2022 $30,540 $2,343,967 $0 $0
2021 $29,696 $2,279,000 $1,342,200 $936,800
2020 $28,831 $2,210,900 $0 $0
2019 $25,287 $1,936,833 $0 $0
2018 $18,645 $1,838,800 $1,175,400 $663,400
2017 $19,102 $1,779,633 $0 $0
2016 -- $1,720,467 $0 $0
2015 -- $1,661,300 $0 $0
2014 -- $1,661,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003295323

Bright MLS

APN: 03-350-90039967