NOT LISTED FOR SALE

119 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $1,225,000 - $1,668,000

3 Beds
3 Baths
2,131 Sq Ft
$651/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $970,000 $455 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,591/month

Highlights

  • 150 Feet of Waterfront
  • Marina
  • 1 Dock Slip
  • Grasonville Elementary School Rated A-
  • Boat Ramp
  • Pier

About This Home

As of October 2018

Contemporary elegance in desirable Prospect Bay w/ golf,tennis,swimming,boating & more! Open concept w/ water views from every room. Pool, screen porch, pier w/boat lift, mechanical dock to launch jet skis, paddle boards and kayaks. Located on protected marina basin with expansive views of Eastern Bay. Unique crows nest look out & attached guest rooms make this home the perfect destination!

Last Agent to Sell the Property

Dee Dee Miller

Long & Foster Real Estate, Inc. License #527281 Listed on: 04/27/2018

Long & Foster Real Estate, Inc.

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

  • $8,618

Year Built

  • Built in 1983

Lot Details

  • 1.05 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Decorative Fence
  • Landscaped
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned NC-1

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Bay
  • Scenic Vista

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 2,131 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies
  • Deck
  • Enclosed Patio or Porch
  • Office or Studio

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 111
  • Assessor Parcel Number 1805028620

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, pool(s), reserve funds
  • Prospect Bay Subdivision, Waterfront Dream House Floorplan
  • The community has rules related to covenants
  • Planned Unit Development

Amenities

  • Picnic Area
  • Common Area
  • Gift Shop
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing Allowed
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,618

Year Built

Built in 1983

Lot Details

0

HOA Fees

$358 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-05-01
  • Federal Flood Zone: No
  • Year Built: 1983
  • Remarks Public: Contemporary elegance in desirable Prospect Bay w/ golf,tennis,swimming,boating & more! Open concept w/ water views from every room. Pool, screen porch, pier w/boat lift, mechanical dock to launch jet skis, paddle boards and kayaks. Located on protected marina basin with expansive views of Eastern Bay. Unique crows nest look out & attached guest rooms make this home the perfect destination!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Cooktop, Oven - Double, Oven - Wall, Refrigerator, Water Heater
  • Interior Amenities: Attic, Family Room Off Kitchen, Kitchen - Galley, Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Wainscotting, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Great Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2131
  • Living Area Sq Ft: 2131
  • Price Per Sq Ft: 466.92
  • Above Grade Finished Sq Ft: 2131
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Cabana/Pool House, Office/Studio
  • Construction Materials: Brick Front, Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Water, Bay, Scenic Vista
  • Water Access Features: Private Access, Personal Watercraft (PWC), Canoe/Kayak, Boat - Powered, Fishing Allowed, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: EASTERN BAY AND MARINA BASIN
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • 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, Ceiling Fan(s), Window Unit(s), Zoned, Whole House Fan
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 358.33
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Boat Ramp, Dining Rooms, Golf Course, Gift Shop, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Club House, Common Grounds, Golf Club, Marina/Marina Club, Meeting Room, Community Center
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Fencing: Decorative
  • Improvement Assessed Value: 334500.00
  • Land Assessed Value: 564000.00
  • Lot Features: Bulkheaded, Landscaping, Pud
  • Lot Size Acres: 1.05
  • Lot Size Area: 45738
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s), Enclosed, Screened, Roof
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2018
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530486
  • Tax Annual Amount: 8617.51
  • Assessor Parcel Number: 1805028620
  • Tax Lot: 111
  • Tax Total Finished Sq Ft: 2131
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/19/2018

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site, Boat/Launch Ramp

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Oct 19, 2018
Sold by
Qac Llc
Bought by
George Kenneth D and George Katherine S
Seller's Agent
Dee Dee Miller
Long & Foster Real Estate, Inc.
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Current Estimated Value
$1,387,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,682
Avg. Annual Appreciation
4.65%
Original Mortgage
$824,500
Outstanding Balance
$725,229
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$601,683

Purchase Details

Closed on
Jun 6, 2007
Sold by
Haack Ann Thornett Miller Trustee
Bought by
Qac Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Haack Ann Thornett Miller Trustee
Bought by
Qac Llc

Purchase Details

Closed on
May 6, 1998
Sold by
Duckett Melvin J and Duckett Catherine T
Bought by
Haack Ann Thornett Miller Trustee

Purchase Details

Closed on
Jun 13, 1991
Sold by
Schulze Robert D and Schulze Helen S
Bought by
Duckett Melvin J and Duckett Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Interest Rate
9.48%
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
George Kenneth D $970,000 Title Resources Guaranty Co
Qac Llc -- --
Qac Llc -- --
Haack Ann Thornett Miller Trustee $350,000 --
Duckett Melvin J $359,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Kenneth D $824,500
Previous Owner Duckett Melvin J $323,100
Closed Haack Ann Thornett Miller Trustee --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $970,000 -2.5% $455 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $995,000 0.0% $467 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $995,000 0.0% $467 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $995,000 0.0% $467 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
04/28/2018 04/28/18 Price Changed $995,000 +4.7% $467 / Sq Ft
04/27/2018 04/27/18 For Sale $950,000 -- $446 / 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 $8,760 $1,009,467 $0 $0
2024 $8,760 $929,900 $551,200 $378,700
2023 $8,760 $929,900 $551,200 $378,700
2022 $8,760 $929,900 $551,200 $378,700
2021 $8,987 $937,000 $551,200 $385,800
2020 $8,864 $924,167 $0 $0
2019 $8,741 $911,333 $0 $0
2018 $8,618 $898,500 $564,000 $334,500
2017 $8,677 $898,500 $0 $0
2016 -- $898,500 $0 $0
2015 $8,693 $903,600 $0 $0
2014 $8,693 $903,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000444606

Bright MLS

APN: 05-028620