NOT LISTED FOR SALE

16 Fairway Island Grasonville, MD 21638

Estimated Value: $1,030,000 - $1,374,000

4 Beds
2.5 Baths
2,640 Sq Ft
$450/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $450,000 $170 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,447/month

158 Days on Market

Highlights

  • 5 Dock Slips
  • Boat or Launch Ramp
  • Water Access
  • Grasonville Elementary School Rated A-
  • Home fronts navigable water
  • Colonial Architecture

About This Home

As of May 2015

Stately 4 bedroom colonial in the lovely community of Prospect Bay. The home features a center hall entry, wood burning fireplace in living room, all weather screened porch and family room off eat-in kitchen. Beautiful shaded back yard backing to golf course yet very private. New roof and recent HVAC. Community offers golf course, swimming pool, tennis courts and beautiful clubhouse w/restaurant.

Last Agent to Sell the Property

Merry Tobin

RE/MAX Executive Listed on: 09/26/2014

RE/MAX Executive

Last Buyer's Agent

Dudley Dixon

Choice Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Property is zoned NC-1

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Boat or Launch Ramp
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $50 Other Monthly Fees
  • West Prospect Plantation Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1805027314

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,169

Year Built

Built in 1987

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Remarks Public: Stately 4 bedroom colonial in the lovely community of Prospect Bay. The home features a center hall entry, wood burning fireplace in living room, all weather screened porch and family room off eat-in kitchen. Beautiful shaded back yard backing to golf course yet very private. New roof and recent HVAC. Community offers golf course, swimming pool, tennis courts and beautiful clubhouse w/restaurant.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Dining Area, Primary Bath(s), Built-Ins, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • 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 List: Shed
  • Construction Materials: Cedar
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: PROSPECT BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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)
  • 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: 350.92
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: Quarterly

Lot Info

  • Improvement Assessed Value: 289700.00
  • Land Assessed Value: 145000.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2014
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530368
  • Tax Annual Amount: 4169.21
  • Assessor Parcel Number: 1805027314
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 4016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/11/2015

Multi Family

  • Dock Slip Conveyance: Assigned
  • Mean Low Water Feet: 2
  • Waterfront Features: Boat/Launch Ramp, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
16 Fairway Island Llc
Bought by
Coufal Timothy and Coufal Carol
Current Estimated Value
$1,189,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Outstanding Balance
$903,839
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$254,584

Purchase Details

Listed on
Sep 26, 2014
Closed on
May 11, 2015
Sold by
Aull August E and Aull Chrissy M
Bought by
16 Fairway Island Llc
Seller's Agent
Merry Tobin
RE/MAX Executive
Buyer's Agent
Dudley Dixon
Choice Properties, Inc.
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$350,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2012
Sold by
Aull August E and Aull Chrissy M
Bought by
Aull August E and Aull Chrissy M

Purchase Details

Closed on
Jun 29, 1998
Sold by
Difatta Thomas J
Bought by
Aull August E and Aull Chrissy M

Purchase Details

Closed on
Jul 17, 1986
Sold by
Bohlman Earl and Bohlman Randall
Bought by
Difatta Thomas J and Difatta Carol L
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
Coufal Timothy $1,220,000 Newlyn Title
16 Fairway Island Llc $450,000 None Available
Aull August E -- None Available
Aull August E $260,000 --
Difatta Thomas J $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coufal Timothy $915,000
Previous Owner 16 Fairway Island Llc $350,000
Previous Owner Aull August E $147,000
Previous Owner Aull August $15,000
Closed Aull August E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $450,000 0.0% $170 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
02/25/2015 02/25/15 Off Market $450,000 -- --
11/04/2014 11/04/14 Price Changed $499,999 -4.8% $189 / Sq Ft
09/26/2014 09/26/14 For Sale $525,000 -- $199 / 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 $7,406 $915,733 $0 $0
2024 $7,406 $786,200 $200,000 $586,200
2023 $6,795 $721,300 $0 $0
2022 $6,183 $656,400 $0 $0
2021 $5,561 $591,500 $155,000 $436,500
2020 $5,561 $579,767 $0 $0
2019 $5,448 $568,033 $0 $0
2018 $5,335 $556,300 $145,000 $411,300
2017 $5,335 $556,300 $0 $0
2016 -- $556,300 $0 $0
2015 $1,939 $434,700 $0 $0
2014 $1,939 $434,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Merry Tobin

    Seller's Agent in 2015

    Merry Tobin

    RE/MAX

    (410) 310-3183

    2 Total Sales

    Merry Tobin
    Section Image

  • D

    Buyer's Agent in 2015

    Dudley Dixon

    Choice Properties, Inc.

    (443) 786-0688

    3 Total Sales

    Dudley Dixon
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003214792

Bright MLS

APN: 05-027314

Maryland Queen Annes County Grasonville 21638

16 Fairway Island, Grasonville, MD

This home is located at 16 Fairway Island, Grasonville, MD 21638 since 26 September 2014 and is currently estimated at $1,189,078, approximately $450 per square foot. This property was built in 1987. 16 Fairway Island 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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