NOT LISTED FOR SALE

202 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $856,000 - $950,000

4 Beds
2.5 Baths
2,572 Sq Ft
$346/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $705,000 $274 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,587/month

16 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Bar or Lounge
  • Grasonville Elementary School Rated A-
  • Golf Club
  • Fitness Center

About This Home

As of February 2023

Prospect Bay has an opening and YOU ARE GOING TO LOVE IT! Impeccably maintained, this one floor home has a comfortable flow, cathedral ceilings, cozy gas fireplace and water views of Prospect Bay! Super efficient geo thermal heating/cooling, primary suite with super bath complete with private dressing area and professionally bay-scaped are just a few of the highlights of this beauty! Spacious attic storage is easily accessed by permanent stairs--a rare find for sure! Live your best 'Shore Life' in this coveted golf course community filled with activities including tennis and new pickle ball courts, swimming, walking trails and clubs for just about everything! PLUS, grab lunch or dinner at the community club house overlooking the greens. "Home" has been redefined.. the only thing missing is YOU!

Last Agent to Sell the Property

Tricia Wilson

Wilson Realty & Staging LLC License #670250 Listed on: 11/28/2022

Last Buyer's Agent

Dee Dee Miller

Long & Foster Real Estate, Inc. License #527281

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1997

Lot Details

  • 1.01 Acre Lot
  • Split Rail Fence
  • Back Yard Fenced
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned NC-1

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 2,572 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Motion Detectors
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Spa
  • Water Oriented
  • Property near a bay
  • Deck

Schools

  • Kent Island High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 1805028876

Community Details

Overview

  • $2,500 Other One-Time Fees
  • Prospect Bay HOA, Phone Number (410) 827-6950
  • West Prospect Plantation Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,182

Year Built

Built in 1997

Lot Details

0

HOA Fees

$401 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Curtains and Drapery Rods, hot tub
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2022-11-28
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Prospect Bay has an opening and YOU ARE GOING TO LOVE IT! Impeccably maintained, this one floor home has a comfortable flow, cathedral ceilings, cozy gas fireplace and water views of Prospect Bay! Super efficient geo thermal heating/cooling, primary suite with super bath complete with private dressing area and professionally bay-scaped are just a few of the highlights of this beauty! Spacious attic storage is easily accessed by permanent stairs--a rare find for sure! Live your best 'Shore Life' in this coveted golf course community filled with activities including tennis and new pickle ball courts, swimming, walking trails and clubs for just about everything! PLUS, grab lunch or dinner at the community club house overlooking the greens. "Home" has been redefined.. the only thing missing is YOU!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
  • Flooring Type: Partially Carpeted
  • Interior Amenities: Attic, Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Kitchen - Table Space, Dining Area, Primary Bath(s), Crown Moldings, Window Treatments, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Fireplace Features: Equipment, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 1, Bathroom 3, Attic, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 281.88
  • Above Grade Finished Sq Ft: 2572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Underground Lawn Sprinkler, Hot Tub
  • View: Water
  • Water Access: No
  • Water Body Name: PROSPECT
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Ceiling Fan(s), Central A/C, Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Central, Hot Water
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Security: Motion Detectors
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Broadband, Cable, Satellite

Condo/Co-op/Association

  • HOA Fees: 401.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Boat Ramp, Boat Dock/Slip, Club House, Exercise Room, Golf Club, Golf Course Membership Available, Party Room, Picnic Area, Pool - Outdoor, Putting Green, Tennis Courts, Golf Course
  • HOA Name: PROSPECT BAY
  • HOA Phone: 4108276950
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 2500.00
  • Other Fees Frequency: One Time

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: KENT ISLAND
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137777627
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: KENT ISLAND
  • Middle Or Junior School: CALL SCHOOL BOARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Split Rail
  • Improvement Assessed Value: 363100.00
  • Land Assessed Value: 200100.00
  • Land Use Code: R
  • Lot Size Acres: 1.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530508
  • Tax Annual Amount: 5182.00
  • Assessor Parcel Number: 1805028876
  • Tax Lot: 133
  • Tax Total Finished Sq Ft: 2572
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Feb 24, 2023
Sold by
Macfarlane Eileen
Bought by
Mullen Janet E and Moinet Aurelie J
Seller's Agent
Tricia Wilson
Wilson Realty & Staging LLC
Buyer's Agent
Dee Dee Miller
Long & Foster Real Estate, Inc.
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
12
Current Estimated Value
$890,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,336
Avg. Annual Appreciation
7.55%
Original Mortgage
$320,000
Outstanding Balance
$311,737
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$536,955

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 4, 2013
Sold by
King John E and King Deborah J
Bought by
Macfarlane Robert I and Macfarlane Eileen
Seller's Agent
Sharon Tryon
Long & Foster Real Estate, Inc.
Buyer's Agent
Virginia Wathen
Maryland Realty Connection
List Price
$570,000
Sold Price
$536,000
Premium/Discount to List
-$34,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$426,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Ila Joyce Englerth
Bought by
King John E and King Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Ila Joyce Englerth
Bought by
King John E and King Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1997
Sold by
Schwalier Nicholas G
Bought by
Ila Joyce Englerth Trustee

Purchase Details

Closed on
Oct 19, 1981
Sold by
M C D Enterprises, Inc
Bought by
Schwalier Nicholas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,900
Interest Rate
18.53%
Source: Public Records

Range of Values:

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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
Mullen Janet E $705,000 --
Macfarlane Robert I $536,000 None Available
King John E $515,000 --
King John E $515,000 --
King John E $515,000 --
King John E $515,000 Attorneys Title & Escrow Com
King John E $515,000 --
Ila Joyce Englerth Trustee $104,000 --
Schwalier Nicholas G $31,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macfarlane Robert Ivor $320,000
Previous Owner Macfarlane Eileen $375,200
Previous Owner Macfarlane Robert $417,000
Previous Owner Macfarlane Robert I $426,000
Previous Owner King John E $385,000
Previous Owner King John E $385,000
Previous Owner Englerth Quentin E $50,000
Previous Owner Schwalier Nicholas G $15,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $705,000 -2.8% $274 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $725,000 +35.3% $282 / Sq Ft
08/30/2013 08/30/13 Sold $536,000 -6.0% $199 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $570,000 -- $211 / 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 $5,305 $607,633 $0 $0
2024 $5,305 $563,200 $200,100 $363,100
2023 $5,243 $556,633 $0 $0
2022 $5,182 $550,067 $0 $0
2021 $5,159 $543,500 $193,800 $349,700
2020 $5,159 $537,933 $0 $0
2019 $5,106 $532,367 $0 $0
2018 $5,053 $526,800 $181,300 $345,500
2017 $4,884 $509,267 $0 $0
2016 -- $491,733 $0 $0
2015 $2,197 $474,200 $0 $0
2014 $2,197 $474,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2005204

Bright MLS

APN: 05-028876