NOT LISTED FOR SALE

230 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $2,523,000 - $2,780,758

4 Beds
5.5 Baths
5,577 Sq Ft
$474/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $1,850,000 $332 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $15,727/month

12 Days on Market

Highlights

  • Private Dock Site
  • Water Views
  • Access to Tidal Water
  • Grasonville Elementary School Rated A-
  • Home fronts navigable water
  • Spa

About This Home

As of October 2020

Custom built waterfront home situated near the mouth of Greenwood Creek has both space and expansive views that take your breath away. The recently built house with no expense spared is situated on 2 acres with a multi slip dock, new 20,000lb boat lift, water and power and deep water access with over 200' of waterfront. Located in the community of Prospect Bay, on the end of an extremely quiet street, the property is exempt from Prospect Bay Country Club's membership requirement. So you can get a membership if you want but aren't forced to. The open floor plan concept maximizes the abundance of natural light and the views of the water. The black walnut hardwood run through the entire downstairs with high tray/vaulted ceilings. Chef's kitchen with Sub Zero refrigeration, Bosch Dishwasher, Wolf drawer microwave and Wolf 48" range with griddle and grill are located right in the middle of all the activity. Pro quality bar/game room, butler's pantry (with additional dishwasher) and multiple Sub Zero ice makers make this a great house for entertaining. One wood burning fireplace and 2 gas fireplaces. Chandelier can be lowered via an electric motor for easy cleaning. The entire master suite is designed for your constant comfort including two master bedroom closets. The coffee bar are has Sub Zero refrigeration as well as an additional sink. Prepare for your day in comfort with a spacious walk-in/large closet. The master bathroom has heated floors, large soaker/jetted tub, separate walk-in oversized shower, and double sinks. Workout room with a 3 person infrared sauna/baby room attached to master. The house has 4 spacious bedrooms all with a private bath. Additional full bath provides an option to add a 5th bedroom on the first floor plus a half bath. Every room wired for Ethernet and cable. Central vac accessible to every room as well. There is a whole house intercom and music system which is also tied to the doorbell so you can hear it in every room in the house. Great room wired for surround sound and multiple speakers on the deck. 4 car heated garage (radiant heat in the floor) with car lift perfect for any car or bike enthusiast. Epoxy coated floor and finished walls. Whole house has spray foam insulation on a 2x6 construction which makes for a super quiet house with exceptionally high R-Vaule insulation. Crawl space/basement also has spray foam insulation and is heated and air conditioned and has a concrete floor and has never had a drop of water in it. This makes for a great storage area accessible from outside with 78" doors that allow for large items to be taken directly into the crawlspace from the outside. House is set high up off the water so no flood insurance is required. Large composite deck overlooking the Bay with attached 8 person Hot Spring hot tub as well as an outdoor shower. Additional paved 45' RV parking pad with 50 amp electric and water. Entire property wired for invisible fence. Everything has been thought of. The community is located just 25 miles from Annapolis, with easy access to Route 50.

Last Agent to Sell the Property

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 08/20/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Mary Carson

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Robert Spicer

Spicer Real Estate License #IB99562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,000

Year Built

  • Built in 2011

Lot Details

  • 2.18 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Landscaped
  • Property is zoned NC-1

Parking

  • 4 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 5,577 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Curved or Spiral Staircase
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Family Room Off Kitchen
  • Sauna
  • Wood Flooring
  • Basement

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Private Water Access
  • Private Dock Site

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Prospect Bay Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1805052009

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,000

Year Built

Built in 2011

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-08-20
  • Year Built: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: Custom built waterfront home situated near the mouth of Greenwood Creek has both space and expansive views that take your breath away. The recently built house with no expense spared is situated on 2 acres with a multi slip dock, new 20,000lb boat lift, water and power and deep water access with over 200' of waterfront. Located in the community of Prospect Bay, on the end of an extremely quiet street, the property is exempt from Prospect Bay Country Club's membership requirement. So you can get a membership if you want but aren't forced to. The open floor plan concept maximizes the abundance of natural light and the views of the water. The black walnut hardwood run through the entire downstairs with high tray/vaulted ceilings. Chef's kitchen with Sub Zero refrigeration, Bosch Dishwasher, Wolf drawer microwave and Wolf 48" range with griddle and grill are located right in the middle of all the activity. Pro quality bar/game room, butler's pantry (with additional dishwasher) and multiple Sub Zero ice makers make this a great house for entertaining. One wood burning fireplace and 2 gas fireplaces. Chandelier can be lowered via an electric motor for easy cleaning. The entire master suite is designed for your constant comfort including two master bedroom closets. The coffee bar are has Sub Zero refrigeration as well as an additional sink. Prepare for your day in comfort with a spacious walk-in/large closet. The master bathroom has heated floors, large soaker/jetted tub, separate walk-in oversized shower, and double sinks. Workout room with a 3 person infrared sauna/baby room attached to master. The house has 4 spacious bedrooms all with a private bath. Additional full bath provides an option to add a 5th bedroom on the first floor plus a half bath. Every room wired for Ethernet and cable. Central vac accessible to every room as well. There is a whole house intercom and music system which is also tied to the doorbell so you can hear it in every room in the house. Great room wired for surround sound and multiple speakers on the deck. 4 car heated garage (radiant heat in the floor) with car lift perfect for any car or bike enthusiast. Epoxy coated floor and finished walls. Whole house has spray foam insulation on a 2x6 construction which makes for a super quiet house with exceptionally high R-Vaule insulation. Crawl space/basement also has spray foam insulation and is heated and air conditioned and has a concrete floor and has never had a drop of water in it. This makes for a great storage area accessible from outside with 78" doors that allow for large items to be taken directly into the crawlspace from the outside. House is set high up off the water so no flood insurance is required. Large composite deck overlooking the Bay with attached 8 person Hot Spring hot tub as well as an outdoor shower. Additional paved 45' RV parking pad with 50 amp electric and water. Entire property wired for invisible fence. Everything has been thought of. The community is located just 25 miles from Annapolis, with easy access to Route 50.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dryer, Dishwasher, Exhaust Fan, Extra Refrigerator/Freezer, Instant Hot Water, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Interior Amenities: Butlers Pantry, Built-Ins, Ceiling Fan(s), Central Vacuum, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sauna, Soaking Tub, Walk-In Closet(s), Whirlpool/Hottub, Wood Floors
  • Fireplaces Count: 3
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 5577
  • Living Area Sq Ft: 5577
  • Price Per Sq Ft: 321.86
  • Above Grade Finished Sq Ft: 5577
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 230

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Hot Tub
  • View: Water, Scenic Vista
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Private
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 982600.00
  • Land Assessed Value: 483000.00
  • Land Use Code: 110
  • Lot Features: Landscaping
  • Lot Size Acres: 2.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 94961.00
  • Year Assessed: 2020
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836528
  • Tax Annual Amount: 14000.00
  • Assessor Parcel Number: 1805052009
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 5577
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/26/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 26, 2020
Sold by
Wheatley Mark and Wheatley Brenda
Bought by
Gutschick Scott Anthony and Gutschick Mary Belle
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Robert Spicer
Spicer Real Estate
List Price
$1,795,000
Sold Price
$1,850,000
Premium/Discount to List
$55,000
3.06%
Current Estimated Value
$2,645,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,940
Avg. Annual Appreciation
6.07%
Original Mortgage
$925,000
Outstanding Balance
$832,454
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,629,571

Purchase Details

Closed on
Jan 13, 2009
Sold by
Wheatley Charles F
Bought by
Wheatley Mark and Wheatley Brenda
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
Gutschick Scott Anthony $1,850,000 None Available
Wheatley Mark -- None Available
Wheatley Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Mark $925,000
Previous Owner Wheatley Brenda $505,500
Previous Owner Wheatley Mark J $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $1,850,000 +3.1% $332 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,795,000 -- $322 / 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 $16,053 $1,896,767 $0 $0
2024 $16,053 $1,760,100 $575,100 $1,185,000
2023 $15,273 $1,661,933 $0 $0
2022 $14,524 $1,563,767 $0 $0
2021 $14,057 $1,465,600 $483,000 $982,600
2020 $14,000 $1,459,733 $0 $0
2019 $13,944 $1,453,867 $0 $0
2018 $13,888 $1,448,000 $483,000 $965,000
2017 $13,888 $1,448,000 $0 $0
2016 -- $1,448,000 $0 $0
2015 $4,700 $1,466,900 $0 $0
2014 $4,700 $1,424,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA145012

Bright MLS

APN: 05-052009