NOT LISTED FOR SALE

208 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $770,720 - $933,000

4 Beds
2.5 Baths
2,857 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $535,000 $187 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,490/month

92 Days on Market

Highlights

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

About This Home

As of August 2017

Gorgeous contemporary w/slight water views & gorgeous sunsets. Spacious family rm w/hardwood floors, cathedral ceilings, fp & wet bar, opens to perfect sun porch w/built in barbecue. Renovated baths & kitchen. 4th bedroom on 2nd level. Walk in attic w/lots of storage. Main level master w/perfect bath & his/her closets. Huge Deck & oversized garage. Prospect Bay amenities:pool, golf, tennis, club

Last Agent to Sell the Property

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 03/24/2017

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: 03/24/2017

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay
  • Available By Lease
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 1805028833

Community Details

Overview

  • Association fees include management, pool(s), reserve funds
  • $50 Other Monthly Fees
  • West Prospect Plantation Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,406

Year Built

Built in 1990

Lot Details

0

HOA Fees

$356 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1990
  • Remarks Public: Gorgeous contemporary w/slight water views & gorgeous sunsets. Spacious family rm w/hardwood floors, cathedral ceilings, fp & wet bar, opens to perfect sun porch w/built in barbecue. Renovated baths & kitchen. 4th bedroom on 2nd level. Walk in attic w/lots of storage. Main level master w/perfect bath & his/her closets. Huge Deck & oversized garage. Prospect Bay amenities:pool, golf, tennis, club
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Gourmet, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 208

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • 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

  • Construction Materials: Cedar
  • Pool Private: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • 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: 355.84
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Club House, Common Grounds, Golf Club, Golf Course, Jog/Walk Path, Marina/Marina Club, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Reserve Funds
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 50.00
  • Other Fees Frequency: Monthly

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627

Lot Info

  • Improvement Assessed Value: 314100.00
  • Land Assessed Value: 145300.00
  • Lot Size Acres: 1.03
  • Lot Size Area: 44867
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44867.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4406.11
  • Assessor Parcel Number: 1805028833
  • Tax Lot: 130
  • Tax Total Finished Sq Ft: 2857
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/15/2017

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Mean Low Water Feet: 3
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Aug 15, 2017
Sold by
Bigelow Herbert G and Bigelow Carolyn A
Bought by
Gorman Daniel Graham and Gorman Catherine Irene
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Jimmy White
Long & Foster Real Estate, Inc.
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$857,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,430
Avg. Annual Appreciation
5.58%
Original Mortgage
$401,250
Outstanding Balance
$339,383
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$488,486

Purchase Details

Closed on
Feb 6, 2003
Sold by
Polk Arnold
Bought by
Bigelow Herbert G and Bigelow Carolyn A

Purchase Details

Closed on
Jun 22, 1989
Sold by
Holschuh John C and Holschuh Robert W
Bought by
Polk Arnold and Polk Dorothy

Purchase Details

Closed on
Dec 8, 1986
Sold by
Belz Robert W and Belz Diane A
Bought by
Holschuh John C and Holschuh Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,200
Interest Rate
9.3%
Source: Public Records

Range of Values:

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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
Gorman Daniel Graham $535,000 None Available
Bigelow Herbert G $469,900 --
Polk Arnold $127,000 --
Holschuh John C $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Daniel Graham $181,350
Closed Gorman Daniel G $125,000
Open Gorman Daniel Graham $401,250
Previous Owner Bigelow Herbert G $190,000
Previous Owner Bigelow Herbert G $178,600
Previous Owner Holschuh John C $32,200
Closed Bigelow Herbert G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $535,000 -2.7% $187 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $550,000 0.0% $193 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $550,000 -- $193 / 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 $5,546 $629,967 $0 $0
2024 $5,546 $595,200 $200,300 $394,900
2023 $5,281 $566,067 $0 $0
2022 $5,027 $536,933 $0 $0
2021 $4,716 $507,800 $155,300 $352,500
2020 $4,716 $491,667 $0 $0
2019 $4,561 $475,533 $0 $0
2018 $4,406 $459,400 $145,300 $314,100
2017 $4,406 $459,400 $0 $0
2016 -- $459,400 $0 $0
2015 $2,293 $472,000 $0 $0
2014 $2,293 $472,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001035895

Bright MLS

APN: 05-028833