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5838 Franklin Gibson Road

5838 Franklin Gibson Road, Tracys Landing, MD 20779
Sold Apr 12, 2021
$550,000
$440,000 by Primary Residential Mortgage I
Mortgage Due Mar 01, 2051
Sold Aug 17, 2017
$372,750
5838 Franklin Gibson Road has been categorized by the local assessors in Tracys Landing, MD as a residential type of property. The building on the property was first built in 1972 and is 52 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5838 Franklin Gibson Road has 2,629 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,127 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 542,758 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Feb 26, 2021 for $550,000. That's $366.18 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2017 for $372,750. 5838 Franklin Gibson Road was last assessed in 2023. The total value of the property was assessed at $446,800. Specifically, the land the property is located on was valued at $246,500. While improvements on the property were assessed at a total of $200,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,879. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,127
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 542,758
  • Total Building Area: 1,502
  • Gross Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,629
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 12.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 12.46 ACRES 5838 FRANKLIN GIBSON RD TRACYS LANDING

Ownership

  • Current Owner : ASTROM TIMOTHY
  • Previous Owner : HANTSKE PATRICK M
  • Previous Owner 2: HANTSKE ROBERT A
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 708001

Zoning

  • Zoning: OS

Geography

  • Assessors Map Reference: 73 23 99
  • Account Number: 00002033505
  • District: 08
  • Parcel: 08-000-02033505
  • Latitude: 38.7907
  • Longitude: -76.5719

    Address

  • Full Address: 5838 Franklin Gibson Rd
  • Address - House Number: 5838
  • Address - Street Name: Franklin Gibson
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Tracys Landing
  • Carrier Code: R001
  • 4-Digit Zip Code: 2200
  • Zip Code: 20779

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,879

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 641,400
  • High Value: 730,955
  • Low Value: 551,845

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $446,800
  • Market Land Value: $246,500
  • Market Improvement Value: $200,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,800
  • Assessed Land Value: $246,500
  • Assessed Improvements Value: $200,300

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11834968269
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 17, 2017
  • Previous Sale Contract Date: Jul 28, 2017
  • Previous Sale Amount: $372,750
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 5838 Franklin Gibson Road located in?
The 5838 Franklin Gibson Road is a house located in the neighborhood of Anne Arundel in Anne Arundel, Tracys Landing.
What is the average sales price for listings in 5838 Franklin Gibson Road?
The average sales price for units in 5838 Franklin Gibson Road is $0 currently.

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