Annapolis · Home sale
622 Magothy Rd in Gibson Island sells for $7.5 million
A single-family home at 622 Magothy Rd, Gibson Island sold for $7,500,000 on July 30, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $7,500,000
- Sold
- July 30, 2026
- Property type
- Single-family home
- Living area
- 9,492 sq ft
- Price per sq ft
- $790
- Year built
- 1929
A waterfront home at 622 Magothy Rd in Gibson Island sold for $7,500,000 on July 30, 2026, according to the Maryland Department of Assessments and Taxation. The price is 61% above the property's assessed market value of $4,654,000.
An aerial photo shows the 2.12-acre parcel sits directly on a river, with a pool and a dock surrounded by other houses. The home contains 9,492 square feet of living area, working out to $790 per square foot.
The 1929-built house has 6 bedrooms and 10 bathrooms, according to listing data. The sale price is 4.1 times the property's most recent earlier sale price of $1,850,000 in 1994.
Pamela Hoehn-Saric sold the property to Francisco Rodriguez and Christina J Rodriguez, according to the deed.
What this sale costs to close
What does closing cost at this price? Under Anne Arundel County custom the seller's larger charges are $56,250 for the county transfer tax (Anne Arundel County) and $26,250 for the recordation tax (Anne Arundel County). With a 5% commission, the seller's estimated net is $6,951,073 before any mortgage payoff. A buyer putting 20% down would need about $1,811,412 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42579-0492. Property details: Anne Arundel County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
