NOT LISTED FOR SALE

204 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $768,045 - $905,000

4 Beds
3 Baths
2,159 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $449,000 $208 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,215/month

Highlights

  • Water Views
  • Home fronts navigable water
  • Open Floorplan
  • Grasonville Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of November 2013

Custom built Lindal Cedar Home with waterview of Eastern Bay; walk to boat basin/beach/ramp; open floor plan, first floor master, whirl pool tub with jets, vaulted ceilings, gas fireplace, 3 HVAC zones, 1 acre lot, public water/sewer. This home boast some of the best sunsets Prospect Bay has to offer. You will also be a member of the Club which includes golf, tennis, pool and restaurant.

Last Agent to Sell the Property

Kevin Riffle

Keller Williams Select Realtors of Annapolis License #628097 Listed on: 03/15/2013

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Laura Gayvert

Compass License #629540

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1987

Lot Details

  • 1.02 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned NC-1

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Atrium Windows
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Loft
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

  • West Prospect Plantation Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 1805028868

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,427

Year Built

Built in 1987

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: Custom built Lindal Cedar Home with waterview of Eastern Bay; walk to boat basin/beach/ramp; open floor plan, first floor master, whirl pool tub with jets, vaulted ceilings, gas fireplace, 3 HVAC zones, 1 acre lot, public water/sewer. This home boast some of the best sunsets Prospect Bay has to offer. You will also be a member of the Club which includes golf, tennis, pool and restaurant.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer - Front Loading, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Window Treatments, Primary Bath(s), Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Window Features: Atrium, Double Pane, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Foyer, Laundry, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 204

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: PROSPECT BAY
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Garage
  • Garage Features: Garage - Side Entry, 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: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 336.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 241500.00
  • Land Assessed Value: 145200.00
  • Lot Size Acres: 1.02
  • Lot Size Area: 44431
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3426.86
  • Assessor Parcel Number: 1805028868
  • Tax Lot: 132
  • Tax Total Finished Sq Ft: 2159
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/26/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Nov 26, 2013
Sold by
Lucas Steven J and Lucas Kathryn L
Bought by
Louis D Fletcher Iii Revocable Trust
Seller's Agent
Kevin Riffle
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Laura Gayvert
Compass
List Price
$499,000
Sold Price
$449,000
Premium/Discount to List
-$50,000
-10.02%
Current Estimated Value
$839,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,011
Avg. Annual Appreciation
5.50%
Original Mortgage
$299,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2003
Sold by
Webb Douglas W
Bought by
Lucas Steven J and Lucas Kathryn L

Purchase Details

Closed on
May 15, 1996
Sold by
Letven Edward M
Bought by
Webb Douglas W

Purchase Details

Closed on
Sep 18, 1986
Sold by
Ray Kenneth S and Lofling Hugh G
Bought by
Letven Edward M and Letven Sheila M
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
Louis D Fletcher Iii Revocable Trust $449,000 Title Resources Guaranty Co
Lucas Steven J $385,000 --
Webb Douglas W $244,500 --
Letven Edward M $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Louis $417,300
Closed Flecher Louis D $291,000
Closed Louis D Fletcher Iii Revocable Trust $299,000
Previous Owner Lucas Steven J $120,000
Closed Lucas Steven J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $449,000 -2.0% $208 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
05/15/2013 05/15/13 Price Changed $458,000 -8.2% $212 / Sq Ft
03/15/2013 03/15/13 For Sale $499,000 0.0% $231 / Sq Ft
06/08/2012 06/08/12 Rented $2,100 0.0% --
06/08/2012 06/08/12 Under Contract -- -- --
06/08/2012 06/08/12 For Rent $2,100 -- --
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 $4,893 $560,300 $0 $0
2024 $4,893 $519,400 $200,200 $319,200
2023 $4,715 $500,567 $0 $0
2022 $4,538 $481,733 $0 $0
2021 $4,343 $462,900 $155,200 $307,700
2020 $4,343 $452,800 $0 $0
2019 $4,246 $442,700 $0 $0
2018 $4,149 $432,600 $145,200 $287,400
2017 $4,002 $417,300 $0 $0
2016 -- $402,000 $0 $0
2015 $1,715 $386,700 $0 $0
2014 $1,715 $376,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003391130

Bright MLS

APN: 05-028868