NOT LISTED FOR SALE

340 Prospect Bay Dr W Grasonville, MD 21638

Estimated Value: $788,100 - $1,069,000

4 Beds
3 Baths
2,800 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $565,000 $202 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,899/month

64 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 June 2017

Private 1 level home w/2800'. Gorgeous vaulted wood plank ceilings in kitchen, family rm & master. Spacious gourmet kitchen w/gas Wolf cook top, large island & granite. Living rm w/FP. Ipe deck. Attached garage currently man cave & workshop. Large detached garage can fit RV/boat. Community w/Golf, pool, boat ramp, marina, tennis & more. Live the Dream!

Last Agent to Sell the Property

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 01/06/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Mary Carson

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Debbie Houck

Douglas Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,351

Year Built

  • Built in 1989

Lot Details

  • 1.03 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned NC-1

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bump-Outs
  • Cedar

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Down Draft Cooktop
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 253
  • Assessor Parcel Number 1805030323

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,351

Year Built

Built in 1989

Lot Details

0

HOA Fees

$356 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Remarks Public: Private 1 level home w/2800'. Gorgeous vaulted wood plank ceilings in kitchen, family rm & master. Spacious gourmet kitchen w/gas Wolf cook top, large island & granite. Living rm w/FP. Ipe deck. Attached garage currently man cave & workshop. Large detached garage can fit RV/boat. Community w/Golf, pool, boat ramp, marina, tennis & more. Live the Dream!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Washer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Oven - Wall, Oven - Double, Cooktop - Down Draft
  • Interior Amenities: Butlers Pantry, Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Kitchen - Table Space, Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 208.93
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Exterior Features: Bump-Outs, Sidewalks
  • 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: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Attached Garage, Detached 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, Marina/Marina Club, Meeting Room, Party Room, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Picnic Area, Dining Rooms, Bar/Lounge, Golf Course
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Reserve Funds
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • 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: 308400.00
  • Land Assessed Value: 145300.00
  • Lot Features: Backs To Trees, Landscaping, Private
  • Lot Size Acres: 1.03
  • Lot Size Area: 44867
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44867.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530639
  • Tax Annual Amount: 4351.44
  • Assessor Parcel Number: 1805030323
  • Tax Lot: 253
  • Tax Total Finished Sq Ft: 2416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/02/2017

Multi Family

  • Dock Slip Conveyance: Assumable 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
Jan 6, 2017
Closed on
Jun 2, 2017
Sold by
Mason Keith M and Mason Stephanie A
Bought by
Trevitt James and Trevitt Donna
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Debbie Houck
Douglas Realty LLC
List Price
$585,000
Sold Price
$565,000
Premium/Discount to List
-$20,000
-3.42%
Current Estimated Value
$936,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,775
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Shilling David W and Shilling Laura J
Bought by
Mason Keith M and Mason Stephanie A

Purchase Details

Closed on
Oct 22, 2003
Sold by
Campbell Lawrence R
Bought by
Shilling David W and Shilling Laura J

Purchase Details

Closed on
Jun 21, 1985
Sold by
Vanskiver Thomas L and Vanskiver Sherry L
Bought by
Campbell Lawrence R and Campbell Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600
Interest Rate
12.05%
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
Trevitt James $595,000 Title Excellence
Mason Keith M $579,000 --
Shilling David W $529,900 --
Campbell Lawrence R $16,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trevitt James $200,000
Previous Owner Mason Keith M $25,000
Previous Owner Shilling David W $150,000
Previous Owner Shilling David W $400,000
Previous Owner Campbell Lawrence R $12,600
Closed Mason Keith M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $565,000 -3.4% $202 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $585,000 -- $209 / 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 $5,730 $658,900 $0 $0
2024 $5,730 $610,500 $200,300 $410,200
2023 $5,467 $590,200 $0 $0
2022 $5,216 $569,900 $0 $0
2021 $4,817 $549,600 $155,300 $394,300
2020 $4,817 $517,633 $0 $0
2019 $4,579 $485,667 $0 $0
2018 $4,351 $453,700 $145,300 $308,400
2017 $4,351 $453,700 $0 $0
2016 -- $453,700 $0 $0
2015 $2,853 $519,800 $0 $0
2014 $2,853 $519,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy White

    Seller's Agent in 2017

    Jimmy White

    Long & Foster

    (410) 320-3647

    145 Total Sales

    Jimmy White
    Section Image
  • Mary Carson

    Seller Co-Listing Agent in 2017

    Mary Carson

    Long & Foster

    (410) 310-3715

    126 Total Sales

    Mary Carson
    Section Image
  • Debbie Houck

    Buyer's Agent in 2017

    Debbie Houck

    Douglas Realty LLC

    (443) 496-1252

    14 Total Sales

    Debbie Houck
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001035383

Bright MLS

APN: 05-030323

Maryland Queen Annes County Grasonville 21638

340 Prospect Bay Dr W, Grasonville, MD

This home is located at 340 Prospect Bay Dr W, Grasonville, MD 21638 since 06 January 2017 and is currently estimated at $936,775, approximately $334 per square foot. This property was built in 1989. 340 Prospect Bay Dr W is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

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