NOT LISTED FOR SALE

117 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $1,411,000 - $2,048,000

4 Beds
3 Baths
3,569 Sq Ft
$477/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,650,000 $462 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,435/month

Highlights

  • 125 Feet of Waterfront
  • Private Dock Site
  • Private Pool
  • Grasonville Elementary School Rated A-
  • Private Water Access
  • Contemporary Architecture

About This Home

As of September 2023

This home is located at 117 Prospect Bay Dr W, Grasonville, MD 21638 since 29 September 2023 and is currently estimated at $1,703,729, approximately $477 per square foot. This property was built in 1986. 117 Prospect Bay Dr W is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 09/29/2023

Last Buyer's Agent

Jimmy White

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 1986

Lot Details

  • 1.05 Acre Lot
  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned NC-1

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 3,569 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Private Water Access
  • Property near a bay
  • Private Dock Site

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Prospect Bay Subdivision

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 1805028612

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,472

Year Built

Built in 1986

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3569
  • Living Area Sq Ft: 3569
  • Price Per Sq Ft: 462.31
  • Above Grade Finished Sq Ft: 3569
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 435.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Year Assessed: 2023
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9472.00
  • Assessor Parcel Number: 1805028612
  • Tax Lot: 110
  • Tax Total Finished Sq Ft: 3569
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Sep 29, 2023
Sold by
Koehl-Coiling Jane
Bought by
Baumann Frederick W and Baumann Jessica A
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$1,703,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,729
Avg. Annual Appreciation
1.66%

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 11, 2016
Sold by
Weisburger William R and Weisburger Linda P
Bought by
Koehl Colling Jane
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$860,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Myers Barry L and Mary Anne T
Bought by
Weisburger William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Myers Barry L and Mary Anne T
Bought by
Weisburger William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1998
Sold by
Damas Michael
Bought by
Myers Barry L and Myers Mary Anne

Purchase Details

Closed on
Jul 15, 1996
Sold by
Friedman Sylvan
Bought by
Damas Michael

Purchase Details

Closed on
Jun 25, 1993
Sold by
Malek T W
Bought by
Friedman Sylvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
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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
Baumann Frederick W $1,650,000 Atg Title
Baumann Frederick W $1,650,000 Atg Title
Koehl Colling Jane $1,075,000 Attorney
Weisburger William R $1,475,000 --
Weisburger William R $1,475,000 --
Myers Barry L $335,000 --
Damas Michael $262,500 --
Friedman Sylvan $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koehl-Colling Jane $472,700
Previous Owner Colberg Jane Kochel $910,000
Previous Owner Koehl Colling Jane $860,000
Previous Owner Weisburger William R $995,000
Previous Owner Weisburger William R $995,000
Previous Owner Friedman Sylvan $225,000
Closed Myers Barry L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,650,000 0.0% $462 / Sq Ft
09/29/2023 09/29/23 For Sale $1,650,000 +53.5% $462 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/09/2016 08/09/16 Sold $1,075,000 -6.5% $301 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $1,150,000 -- $322 / 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 $9,472 $1,088,267 $0 $0
2024 $9,472 $1,005,500 $551,200 $454,300
2023 $9,472 $1,005,500 $551,200 $454,300
2022 $9,472 $1,005,500 $551,200 $454,300
2021 $0 $1,036,000 $551,200 $484,800
2020 $9,936 $1,036,000 $551,200 $484,800
2019 $9,936 $1,036,000 $551,200 $484,800
2018 $10,546 $1,099,600 $564,000 $535,600
2017 $10,546 $1,099,600 $0 $0
2016 -- $1,099,600 $0 $0
2015 $12,010 $1,108,500 $0 $0
2014 $12,010 $1,108,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy White

    Buyer's Agent in 2023

    Jimmy White

    Long & Foster

    (410) 320-3647

    144 Total Sales

    Jimmy White
    Section Image
  • Mary Carson

    Buyer Co-Listing Agent in 2023

    Mary Carson

    Long & Foster

    (410) 310-3715

    126 Total Sales

    Mary Carson
    Section Image
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Map

Source: Bright MLS

MLS Number: MDQA2007742

Bright MLS

APN: 05-028612

Maryland Queen Annes County Grasonville 21638

117 Prospect Bay Dr W, Grasonville, MD

This home is located at 117 Prospect Bay Dr W, Grasonville, MD 21638 since 29 September 2023 and is currently estimated at $1,703,729, approximately $477 per square foot. This property was built in 1986. 117 Prospect Bay Dr W is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

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