NOT LISTED FOR SALE

819 Broadwater Way Gibson Island, MD 21056

Estimated Value: $2,761,048 - $3,245,000

6 Beds
3.5 Baths
-- Sq Ft
1 Acres

Last Sold November 01, 2013

Last sale price $2,500,000

Est. 19% increase in value since last sale

Current estimated payment $19,419/month

1,876 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Private Beach
  • Bay View
  • Guest House
  • 24-Hour Security
  • Gated Community

About This Home

As of November 2013

Captivating views of the Chesapeake Bay and Magothy River are complimented by a charming 1928-built Cape Cod. An inviting, large, wrap around glass enclosed porch provides the perfect setting to enjoy Bay breezes. Panoramic views of sunsets on the Magothy River and sunrises on the Chesapeake Bay. This property includes a quaint detached garage/two bedroom, one bath, guest house.

Last Agent to Sell the Property

Barbara Ann Watson

babawatson@gmail.com Gibson Island Real Estate INC License #MRIS:49818 Listed on: 07/22/2008

Co-Listed By

Corey Burr

(301) 346-3345 cburr@gibsonisland.com Gibson Island Real Estate INC

Last Buyer's Agent

William White

(410) 507-4930 bill.white@monumentsothebysrealty.com Monument Sotheby's International Realty License #641493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,822

Year Built

  • Built in 1928

Lot Details

  • 1 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Backs To Open Common Area
  • Stone Retaining Walls
  • Cleared Lot
  • The property's topography is level, moderate slope
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Property Views

  • Bay
  • River
  • Scenic Vista
  • Garden

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • 1 Fireplace
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Sitting Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Security Gate
  • Eat-In Country Kitchen
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Water Access
  • Bulkhead
  • Rip-Rap
  • Screened Patio
  • Terrace
  • Wrap Around Porch

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 253
  • Assessor Parcel Number 020335027017900

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,822

Year Built

Built in 1928

Lot Details

0

HOA Fees

$462 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1928
  • Remarks Public: Captivating views of the Chesapeake Bay and Magothy River are complimented by a charming 1928-built Cape Cod. An inviting, large, wrap around glass enclosed porch provides the perfect setting to enjoy Bay breezes. Panoramic views of sunsets on the Magothy River and sunrises on the Chesapeake Bay. This property includes a quaint detached garage/two bedroom, one bath, guest house.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Window Treatments, Entry Level Bedroom, Primary Bath(s), Wet/Dry Bar, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Screens, Wood Frame
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Sun/Florida Room, Laundry, Attic
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 819

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • 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 List: Guest House
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Private Beach, Stone Retaining Walls
  • Roof: Asphalt
  • View: Water, Bay, Garden/Lawn, River, Scenic Vista
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Wall Unit
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 462.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Jog/Walk Path, Lake, Picnic Area, Security
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 222320.00
  • Land Assessed Value: 2223140.00
  • Lot Features: Backs - Open Common Area, Bulkheaded, Cleared, Rip-Rapped
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Screened, Wrap Around, Terrace
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Year Assessed: 2008
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15224313
  • Tax Annual Amount: 17821.74
  • Assessor Parcel Number: 020335027017900
  • Tax Lot: 253
  • Tax Total Finished Sq Ft: 2136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2007
  • Close Date: 11/01/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2008
Closed on
Oct 30, 2013
Sold by
Cukor Martha Scholz and Scholz Roobert F
Bought by
Harmon Zachary J and Harmon Donna R
Seller's Agent
Barbara Ann Watson
Gibson Island Real Estate INC
Buyer's Agent
William White
Monument Sotheby's International Realty
List Price
$4,875,000
Sold Price
$2,500,000
Premium/Discount to List
-$2,375,000
-48.72%
Current Estimated Value
$2,975,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,349
Avg. Annual Appreciation
1.47%
Original Mortgage
$1,675,000
Outstanding Balance
$1,165,206
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,810,143

Purchase Details

Closed on
Dec 28, 1995
Sold by
Scholz Roy O
Bought by
Scholz Robert F and Bramble Forrest F
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
Harmon Zachary J $2,500,000 Fidelity Natl Title Ins Co
Scholz Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harmon Zachary J $1,675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $2,500,000 -48.7% --
09/10/2013 09/10/13 Pending -- -- --
07/22/2008 07/22/08 For Sale $4,875,000 -- --
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 $38,197 $2,861,767 -- --
2024 $38,197 $2,824,000 $2,598,100 $225,900
2023 $36,474 $2,702,633 $0 $0
2022 $33,622 $2,581,267 $0 $0
2021 $64,092 $2,459,900 $2,298,100 $161,800
2020 $32,055 $2,458,933 $0 $0
2019 $32,067 $2,457,967 $0 $0
2018 $24,914 $2,457,000 $2,298,100 $158,900
2017 $31,122 $2,437,900 $0 $0
2016 -- $2,418,800 $0 $0
2015 -- $2,399,700 $0 $0
2014 -- $2,399,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005940834

Bright MLS

APN: 03-350-27017900