NOT LISTED FOR SALE

218 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $991,159 - $1,250,000

5 Beds
3.5 Baths
4,899 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $600,000 $122 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,133/month

51 Days on Market

Highlights

  • 1 Boat Dock
  • Water Views
  • Water Access
  • Grasonville Elementary School Rated A-
  • Home fronts navigable water
  • Boat Ramp

About This Home

As of February 2014

Located in desirable West Prospect Plantation and situated 1 block from Eastern Bay this stunning custom home features over 4000 sqft of gracious living space. Enjoy a coastal lifestyle watching sunsets on the bay. Some features inlc. Gas fireplace, office w/ built ins, private custom gym, 2nd floor game room, extended patio w/ built in bar & grill equipment. Check out Virtual Tour for more!

Last Agent to Sell the Property

Jennifer Chino

Compass Listed on: 10/27/2013

Compass

Last Buyer's Agent

Veronica Lawson

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1998

Lot Details

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

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Outdoor Features

  • Water Access
  • Boat Ramp
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • 60 Gallon+ Electric Water Heater

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 1805028787

Community Details

Overview

  • West Prospect Plantation Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,528

Year Built

Built in 1998

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • 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: 1998
  • Remarks Public: Located in desirable West Prospect Plantation and situated 1 block from Eastern Bay this stunning custom home features over 4000 sqft of gracious living space. Enjoy a coastal lifestyle watching sunsets on the bay. Some features inlc. Gas fireplace, office w/ built ins, private custom gym, 2nd floor game room, extended patio w/ built in bar & grill equipment. Check out Virtual Tour for more!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island, Dining Area, Breakfast Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 218

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: EASTERN 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: Garage, Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • 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, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Golf Course Membership Available, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 433600.00
  • Land Assessed Value: 145000.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530500
  • Tax Annual Amount: 5528.25
  • Assessor Parcel Number: 1805028787
  • Tax Lot: 125
  • Tax Total Finished Sq Ft: 4899
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 02/14/2014

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2013
Closed on
Feb 14, 2014
Sold by
Nealon Robert James and Nealon Barbara Joy
Bought by
Scarlett Matthew G and Digialleonardo Monica
Seller's Agent
Jennifer Chino
Compass
Buyer's Agent
Veronica Lawson
Real Broker, LLC
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,136,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,540
Avg. Annual Appreciation
5.55%
Original Mortgage
$578,550
Interest Rate
4.39%
Mortgage Type
VA

Purchase Details

Closed on
Feb 8, 1991
Sold by
Ahalt William S and Ahalt Barbara A
Bought by
Sevigny Richard R and Sevigny Lucille D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
9.36%
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
Scarlett Matthew G $600,000 United Title & Escrow Inc
Sevigny Richard R $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarlett Matthew G $522,750
Closed Scarlett Matthew G $584,658
Closed Scarlett Matthew G $55,000
Closed Scarlett Matthew G $578,550
Previous Owner Nealon Robert J $60,000
Previous Owner Nealon Barbara J $65,000
Previous Owner Sevigny Richard R $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $600,000 0.0% $122 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
10/27/2013 10/27/13 For Sale $600,000 -- $122 / 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 $7,074 $793,100 $0 $0
2024 $7,074 $751,000 $200,000 $551,000
2023 $6,746 $716,100 $0 $0
2022 $6,417 $681,200 $0 $0
2021 $5,993 $646,300 $155,000 $491,300
2020 $5,993 $624,833 $0 $0
2019 $5,787 $603,367 $0 $0
2018 $5,581 $581,900 $145,000 $436,900
2017 $5,570 $580,800 $0 $0
2016 -- $579,700 $0 $0
2015 $2,745 $578,600 $0 $0
2014 $2,745 $576,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003751834

Bright MLS

APN: 05-028787