NOT LISTED FOR SALE

124 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $1,029,000 - $1,344,000

1.19 Acres
$1,039,390 Price per Acre
51,836 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $324,900 $123 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $7,624/month

Highlights

  • Boat Ramp
  • Marina View
  • Home fronts navigable water
  • Grasonville Elementary School Rated A-
  • Golf Club
  • Water Access

About This Lot

As of March 2021

Build your dream home here on this perfect corner lot with great water views of Eastern & Prospect Bay. Large lot with public water/sewer in place. Western exposure promises fabulous sunsets. Only steps to boat ramp & marina. Community offers 18 hole golf course, tennis cts, pool, club house & restaurant/bar. Call or download sellers building plans.

Last Agent to Sell the Property

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 11/16/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Mary Carson

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 11/16/2018

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,105

Lot Details

  • 1.19 Acre Lot
  • Home fronts navigable water
  • Corner Lot
  • Back and Front Yard
  • Property is zoned NC-1

HOA Fees

  • $378 Monthly HOA Fees

Property Views

  • Marina
  • Bay

Schools

  • Grasonville Elementary School
  • Stevensville Middle School
  • Kent Island High School

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 05-028892

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility
  • $50 Other Monthly Fees
  • Prospect Bay HOA, Phone Number (410) 827-6950
  • Prospect Bay Subdivision

Amenities

  • Clubhouse
  • Party Room

Recreation

  • Boat Ramp
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$2,105

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Build your dream home here on this perfect corner lot with great water views of Eastern & Prospect Bay. Large lot with public water/sewer in place. Western exposure promises fabulous sunsets. Only steps to boat ramp & marina. Community offers 18 hole golf course, tennis cts, pool, club house & restaurant/bar. Call or download sellers building plans.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.27
  • Street Number Modifier: 124

Exterior Features

  • Construction Completed: No
  • View: Bay, Marina, Water
  • Water Access: Yes
  • Water Body Name: Prospect Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 378.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Ramp, Club House, Golf Club, Golf Course, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility
  • HOA Name: PROSPECT BAY
  • HOA Phone: 410-827-6950
  • HOA: Yes

Fee Information

  • Other Fees: 50.00
  • Other Fees Frequency: Monthly

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: GRASONVILLE
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121137777627
  • School District Source: 3rd Party
  • Elementary School: GRASONVILLE
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner, Front Yard, Rear Yard
  • Lot Size Acres: 1.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51836.00
  • Zoning: NC-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530510
  • Tax Annual Amount: 2105.00
  • Assessor Parcel Number: 05-028892
  • Tax Lot: 135
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/01/2021

Multi Family

  • Mean Low Water Feet: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Feb 25, 2021
Sold by
Mattera Renate S
Bought by
Frey Paul J and Frey Mary E
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$360,000
Sold Price
$324,900
Premium/Discount to List
-$35,100
-9.75%
Current Estimated Value
$1,236,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911,974
Avg. Annual Appreciation
35.38%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2020
Sold by
Mattera Shay C and Mattera Renate S
Bought by
Mattera Renate S

Purchase Details

Listed on
Feb 17, 2014
Closed on
Jul 2, 2014
Sold by
Wachsmuth Charles P and Coleman Gail P
Bought by
Mattera Shay C and Mattera Renate S
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Ragland Thomas M
Bought by
Wachmuth Charles P and Wachmuth Gail P

Purchase Details

Closed on
Nov 8, 1983
Sold by
M C D Enterprises, Inc
Bought by
Ragland Thomas M and Ragland Josephine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
13.42%
Source: Public Records

Range of Values:

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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
Frey Paul J $324,900 Atg Titleinc
Mattera Renate S -- None Available
Mattera Shay C $520,000 None Available
Wachmuth Charles P $190,000 --
Ragland Thomas M $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delpuppo Jamie M $548,250
Closed Delpuppo Jamie M $548,250
Previous Owner Mattera Shay C $96,000
Previous Owner Wachsmuth Charles P $200,000
Previous Owner Ragland Thomas M $15,000
Closed Wachmuth Charles P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $324,900 0.0% $123 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $325,000 -9.7% $123 / Sq Ft
07/02/2020 07/02/20 For Sale $360,000 +10.8% $137 / Sq Ft
06/30/2020 06/30/20 Off Market $324,900 -- --
12/13/2019 12/13/19 Price Changed $360,000 0.0% $137 / Sq Ft
12/13/2019 12/13/19 For Sale $360,000 +10.8% $137 / Sq Ft
12/12/2019 12/12/19 Off Market $324,900 -- --
08/29/2019 08/29/19 Price Changed $375,000 -3.6% $142 / Sq Ft
05/22/2019 05/22/19 Price Changed $389,000 -2.7% $148 / Sq Ft
11/16/2018 11/16/18 For Sale $399,900 -23.1% $152 / Sq Ft
07/02/2014 07/02/14 Sold $520,000 -3.5% $198 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $539,000 +3.7% $205 / Sq Ft
02/17/2014 02/17/14 Off Market $520,000 -- --
02/17/2014 02/17/14 For Sale $539,000 -- $205 / 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 $7,867 $880,967 $0 $0
2024 $7,867 $835,100 $271,900 $563,200
2023 $7,472 $793,200 $0 $0
2022 $7,077 $751,300 $0 $0
2021 $2,025 $211,100 $211,100 $0
2020 $2,026 $211,200 $211,100 $100
2019 $2,026 $211,200 $211,100 $100
2018 $2,105 $219,500 $219,400 $100
2017 $4,510 $195,333 $0 $0
2016 -- $470,267 $0 $0
2015 $3,263 $450,800 $0 $0
2014 $3,263 $424,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy White

    Seller's Agent in 2021

    Jimmy White

    Long & Foster

    (410) 320-3647

    143 Total Sales

    Jimmy White
    Section Image
  • Mary Carson

    Seller Co-Listing Agent in 2021

    Mary Carson

    Long & Foster

    (410) 310-3715

    125 Total Sales

    Mary Carson
    Section Image
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Map

Source: Bright MLS

MLS Number: MDQA100256

Bright MLS

APN: 05-028892

Maryland Queen Annes County Grasonville 21638

124 Prospect Bay Dr W, Grasonville, MD

This home is located at 124 Prospect Bay Dr W, Grasonville, MD 21638 since 16 November 2018 and is currently estimated at $1,236,874, approximately $469 per square foot. 124 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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