NOT LISTED FOR SALE

15 Fairway Island Grasonville, MD 21638

Estimated Value: $828,284 - $925,000

4 Beds
2.5 Baths
3,205 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $549,000 $171 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,560/month

79 Days on Market

Highlights

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

About This Home

As of September 2018

This stunning contemporary home has been lovingly maintained with a quiet, serene and lush setting. This beautiful home offers; extensive landscaping, golf course views, mahogany decks, stone koi pond with waterfall, gazebo with hot tub, hardwood & ceramic floors, 2 fireplaces, wet bar, french doors, sitting room off master, skylights, large kitchen island, 3 large storage closets and much more!

Last Agent to Sell the Property

Kevin Riffle

Keller Williams Select Realtors of Annapolis License #628097 Listed on: 05/22/2018

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Linda Austin

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Extensive Hardscape
  • 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
  • 2 Attached Carport Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Golf Course
  • Woods

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,205 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Wood Ceilings
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water Access
  • Property near a bay
  • Boat or Launch Ramp
  • Boat Ramp
  • Deck
  • Gazebo
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1805027497

Community Details

Overview

  • Association fees include pool(s)
  • $50 Other Monthly Fees
  • Prospect Bay Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Party Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,691

Year Built

Built in 1987

Lot Details

0

HOA Fees

$358 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Remarks Public: This stunning contemporary home has been lovingly maintained with a quiet, serene and lush setting. This beautiful home offers; extensive landscaping, golf course views, mahogany decks, stone koi pond with waterfall, gazebo with hot tub, hardwood & ceramic floors, 2 fireplaces, wet bar, french doors, sitting room off master, skylights, large kitchen island, 3 large storage closets and much more!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Oven/Range - Gas, Exhaust Fan, Refrigerator, Microwave
  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Wet/Dry Bar, Floor Plan - Open
  • Window Features: Skylights, Insulated, Double Pane
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Wood Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3205
  • Living Area Sq Ft: 3205
  • Price Per Sq Ft: 171.29
  • Above Grade Finished Sq Ft: 3205
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Cedar
  • Dock Type: Ramp
  • Exterior Features: Extensive Hardscape, Hot Tub
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Golf Course, Trees/Woods
  • Water Access: Yes
  • Water Body Name: PROSPECT BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Carport Spaces: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • 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: Boat Ramp, Club House, Golf Course, Golf Club, Meeting Room, Party Room, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Common Grounds, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: Quarterly

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 362500.00
  • Land Assessed Value: 145000.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Topography: Level
  • Year Assessed: 2018
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530384
  • Tax Annual Amount: 4691.27
  • Assessor Parcel Number: 1805027497
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 3205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/27/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Sep 27, 2018
Sold by
Bougas Edward A and Bougas Linda A
Bought by
Weigman Edward Paul and Weigman Corey Deanne
Seller's Agent
Kevin Riffle
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Linda Austin
Long & Foster Real Estate, Inc.
List Price
$585,000
Sold Price
$549,000
Premium/Discount to List
-$36,000
-6.15%
Current Estimated Value
$872,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,321
Avg. Annual Appreciation
7.00%
Original Mortgage
$439,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Furniss John D and Furniss Margaret
Bought by
Bougas Edward A and Bougas Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Koenig William J and Koenig Patricia J
Bought by
Furniss John D and M Trustees

Purchase Details

Closed on
Jul 15, 2006
Sold by
Koenig William J and Koenig Patricia J
Bought by
Furniss John D and M Trustees

Purchase Details

Closed on
Sep 25, 1990
Sold by
Vlahos Michael E and Vlahos Terri L
Bought by
Koenig William J and Koenig Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
10.16%
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
Weigman Edward Paul $549,000 None Available
Bougas Edward A $508,000 --
Furniss John D $650,000 --
Furniss John D $650,000 --
Koenig William J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigman Edward Paul $435,000
Closed Weigman Edward Paul $439,200
Previous Owner Bougas Edward A $207,500
Previous Owner Bougas Edward A $295,000
Previous Owner Furniss John D $100,000
Previous Owner Furniss John D $300,000
Previous Owner Koenig William J $235,000
Closed Bougas Edward A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $549,000 0.0% $171 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $549,000 -3.5% $171 / Sq Ft
07/04/2018 07/04/18 Price Changed $569,000 -2.7% $178 / Sq Ft
05/22/2018 05/22/18 For Sale $585,000 -- $183 / 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 $5,385 $606,267 $0 $0
2024 $5,385 $571,700 $200,000 $371,700
2023 $5,285 $561,067 $0 $0
2022 $5,185 $550,433 $0 $0
2021 $5,177 $539,800 $155,000 $384,800
2020 $5,074 $529,033 $0 $0
2019 $4,971 $518,267 $0 $0
2018 $4,867 $507,500 $145,000 $362,500
2017 $4,515 $489,133 $0 $0
2016 -- $470,767 $0 $0
2015 $4,504 $452,400 $0 $0
2014 $4,504 $452,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001543550

Bright MLS

APN: 05-027497