NOT LISTED FOR SALE

345 W Prospect Bay Dr Grasonville, MD 21638

Estimated Value: $718,859 - $921,000

3 Beds
2.5 Baths
2,245 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $668,000 $298 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,212/month

12 Days on Market

Highlights

  • Marina
  • Clubhouse
  • 1 Fireplace
  • Grasonville Elementary School Rated A-
  • Rambler Architecture
  • Upgraded Countertops

About This Home

As of July 2022

Beautifully updated home just waiting for you to move right in. Large family room off of the eat in kitchen. Living room with a dual sided wood fireplace for those cool winter evenings or sit on the back deck and enjoy the wildlife roaming around. Two back decks here, one located off the dining room/family room and the other off of the primary bedroom. Primary bathroom has a walk-in shower and huge closet, dual vanities and plenty of storage in the bathroom. Many updates that include a new roof, new kitchen, flooring, freshly painted, new water heater and many other items. Spend your days at the community pool or a round of golf. Spacious clubhouse with many amenities in this great area.

Last Agent to Sell the Property

Pamela Geib

Long & Foster Real Estate, Inc. License #578195 Listed on: 07/01/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Linda Moore

Long & Foster Real Estate, Inc. License #595733

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1987

Lot Details

  • 1.74 Acre Lot
  • Property is in good condition
  • Property is zoned NC-1

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 2,245 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carpet
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 238
  • Assessor Parcel Number 1805030153

Community Details

Overview

  • Prospect Bay HOA, Phone Number (410) 827-9650
  • Prospect Bay Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Year Built

Built in 1987

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully updated home just waiting for you to move right in. Large family room off of the eat in kitchen. Living room with a dual sided wood fireplace for those cool winter evenings or sit on the back deck and enjoy the wildlife roaming around. Two back decks here, one located off the dining room/family room and the other off of the primary bedroom. Primary bathroom has a walk-in shower and huge closet, dual vanities and plenty of storage in the bathroom. Many updates that include a new roof, new kitchen, flooring, freshly painted, new water heater and many other items. Spend your days at the community pool or a round of golf. Spacious clubhouse with many amenities in this great area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Stove
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Upgraded Countertops
  • Fireplaces Count: 1
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2245
  • Living Area Sq Ft: 2245
  • Price Per Sq Ft: 267.22
  • Above Grade Finished Sq Ft: 2245
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 345

Beds/Baths

  • Bedrooms: 3
  • 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

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 410.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Golf Course Membership Available, Club House, Tennis Courts, Tot Lots/Playground, Marina/Marina Club
  • HOA Name: PROSPECT BAY
  • HOA Phone: 410-827-9650
  • HOA: Yes
  • 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: 224800.00
  • Land Assessed Value: 227400.00
  • Land Use Code: R
  • Lot Size Acres: 1.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 75794.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530624
  • Tax Annual Amount: 4350.00
  • Assessor Parcel Number: 1805030153
  • Tax Lot: 238
  • Tax Total Finished Sq Ft: 2245
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/28/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 27, 2022
Sold by
Rmac Trust
Bought by
Cheng Calvin W and Wong Annie Y
Seller's Agent
Pamela Geib
Long & Foster Real Estate, Inc.
Buyer's Agent
Linda Moore
Long & Foster Real Estate, Inc.
List Price
$599,900
Sold Price
$668,000
Premium/Discount to List
$68,100
11.35%
Views
3
Current Estimated Value
$822,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,465
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Feb 27, 2020
Sold by
Lane Stepp Elnetha and Stepp Adrian
Bought by
U S Bankk National Association and Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
Sep 2, 2004
Sold by
Demby Elnetha Lane
Bought by
Adrian Lan and Adrian Stepp

Purchase Details

Closed on
Jun 29, 1998
Sold by
Demby Elnetha Lane
Bought by
Demby Elnetha Lane
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
Cheng Calvin W $668,000 Moskowitz Daniel
U S Bankk National Association $315,000 None Available
Adrian Lan -- --
Demby Elnetha Lane $3,137 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stepp Adrian $581,792
Previous Owner Stepp Adrian $568,951
Previous Owner Stepp Adrian $50,000
Previous Owner Stepp Adrian $42,632
Closed Adrian Lan --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $668,000 +11.4% $298 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $599,900 -- $267 / 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 $4,260 $520,433 $0 $0
2024 $4,260 $452,200 $227,400 $224,800
2023 $4,260 $452,200 $227,400 $224,800
2022 $4,260 $452,200 $227,400 $224,800
2021 $4,308 $453,600 $162,400 $291,200
2020 $4,308 $449,200 $0 $0
2019 $4,266 $444,800 $0 $0
2018 $4,224 $440,400 $152,400 $288,000
2017 $4,224 $440,400 $0 $0
2016 -- $440,400 $0 $0
2015 $3,842 $460,800 $0 $0
2014 $3,842 $438,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2004116

Bright MLS

APN: 05-030153