NOT LISTED FOR SALE

355 W Prospect Bay Dr Grasonville, MD 21638

Estimated Value: $799,328 - $847,000

4 Beds
2.5 Baths
2,698 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $605,000 $224 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,228/month

Highlights

  • Marina
  • Boat Ramp
  • Bar or Lounge
  • Grasonville Elementary School Rated A-
  • Golf Club
  • Gourmet Kitchen

About This Home

As of August 2021

Spacious One level living in the Sought-After Prospect Bay Golf Community featuring 4 bedrooms, 2.5 baths & Oversized 2 car side entry garage nestled in the back of a private cul-de-sac with 1.2 acres on a wooded homesite. An Inviting covered front porch leads you inside YOUR new home where you're Greeted with SOARING ceilings in virtually every room creating an OPEN feel that's perfectly accented w/ Natural light that illuminates throughout! Gorgeous Gleaming Pine Hardwood floors are featured in the Foyer, Kitchen, Breakfast Room & Formal Dining Room and BRAND NEW Carpet is in the Bedrooms, Office & Family Room. Gourmet Kitchen opens to the Breakfast/Sitting Room & features a Breakfast Bar, White Cabinets, Granite Counters, Electric Cooktop & Wall Oven. Unique & Expansive Owners suite has double closets, sizable laundry room, 1/2 bath, Office/Exercise Room & Sliders that lead to YOUR Backyard Oasis with Tiered Decks, Patio, Fire Pit, & Screened Porch. BRAND NEW ROOF w/ transferable warranty & ONE YEAR Home Warranty Offered. Amenity-Filled Golf Course Community w/ Clubhouse, Restaurant, Marina, Pool, Tot Lot & Tennis Courts.

Last Agent to Sell the Property

Jennifer Norfolk

Coldwell Banker Waterman Realty License #629035 Listed on: 06/18/2021

Coldwell Banker Waterman Realty

Last Buyer's Agent

Kevin McCracken

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1988

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • Backs to Trees or Woods
  • Front Yard
  • Property is in very good condition
  • Property is zoned NC-1

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,698 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Mud Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Dining Room
  • Den
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Lake Privileges
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 245
  • Assessor Parcel Number 1805030242

Community Details

Overview

  • $42 Capital Contribution Fee
  • Association fees include pool(s), reserve funds, common area maintenance, recreation facility
  • $50 Other Monthly Fees
  • Prospect Bay Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Game Room
  • Meeting 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

$4,336

Year Built

Built in 1988

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: fire pit, screened porch table only
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-18
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Spacious One level living in the Sought-After Prospect Bay Golf Community featuring 4 bedrooms, 2.5 baths & Oversized 2 car side entry garage nestled in the back of a private cul-de-sac with 1.2 acres on a wooded homesite. An Inviting covered front porch leads you inside YOUR new home where you're Greeted with SOARING ceilings in virtually every room creating an OPEN feel that's perfectly accented w/ Natural light that illuminates throughout! Gorgeous Gleaming Pine Hardwood floors are featured in the Foyer, Kitchen, Breakfast Room & Formal Dining Room and BRAND NEW Carpet is in the Bedrooms, Office & Family Room. Gourmet Kitchen opens to the Breakfast/Sitting Room & features a Breakfast Bar, White Cabinets, Granite Counters, Electric Cooktop & Wall Oven. Unique & Expansive Owners suite has double closets, sizable laundry room, 1/2 bath, Office/Exercise Room & Sliders that lead to YOUR Backyard Oasis with Tiered Decks, Patio, Fire Pit, & Screened Porch. BRAND NEW ROOF w/ transferable warranty & ONE YEAR Home Warranty Offered. Amenity-Filled Golf Course Community w/ Clubhouse, Restaurant, Marina, Pool, Tot Lot & Tennis Courts.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Pantry, Soaking Tub, Entry Level Bedroom
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Laundry, Mud Room, Office, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2698
  • Living Area Sq Ft: 2698
  • Price Per Sq Ft: 227.91
  • Above Grade Finished Sq Ft: 2698
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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: Wood Siding
  • Roof: Architectural Shingle
  • Spa: No
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • 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, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 380.24
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Boat Ramp, Club House, Common Grounds, Dining Rooms, Game Room, Golf Club, Golf Course, Marina/Marina Club, Meeting Room, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pool(s), Reserve Funds, Common Area Maintenance, Recreation Facility
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: Quarterly
  • Capital Contribution Fee: 41.66

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

  • Horses: No
  • Improvement Assessed Value: 301000.00
  • Land Assessed Value: 157000.00
  • Land Use Code: 110
  • Lot Features: Backs To Trees, Cul-De-Sac, Front Yard
  • Lot Size Acres: 1.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed, Screened
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530631
  • Tax Annual Amount: 4336.00
  • Assessor Parcel Number: 1805030242
  • Tax Lot: 245
  • Tax Total Finished Sq Ft: 2698
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/06/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 6, 2021
Sold by
Clark Steven D and Clark Lisa H
Bought by
Sweetman Michael J and Sweetman Linda C
Seller's Agent
Jennifer Norfolk
Coldwell Banker Waterman Realty
Buyer's Agent
Kevin McCracken
Coldwell Banker Realty
List Price
$614,900
Sold Price
$605,000
Premium/Discount to List
-$9,900
-1.61%
Current Estimated Value
$820,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,332
Avg. Annual Appreciation
8.48%
Original Mortgage
$535,000
Outstanding Balance
$487,529
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$357,918

Purchase Details

Closed on
Jun 7, 2006
Sold by
Miller Christian T and Miller Jennifer
Bought by
Clark Steven D and Clark Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2006
Sold by
Miller Christian T and Miller Jennifer
Bought by
Clark Steven D and Clark Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 13, 2001
Sold by
Taylor Charles and Taylor Susan
Bought by
Miller Christian T and Miller Jennifer

Purchase Details

Closed on
Mar 29, 1999
Sold by
Kinney D Brooke
Bought by
Taylor Charles and Taylor Susan
Source: Public Records

Range of Values:

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Average Value
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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
Sweetman Michael J $605,000 Newlyn Ttl Assurance Co Inc
Clark Steven D $575,000 --
Clark Steven D $575,000 --
Miller Christian T $335,000 --
Taylor Charles $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweetman Michael J $535,000
Previous Owner Clark Lisa H $97,600
Previous Owner Clark Lisa H $293,650
Previous Owner Clark Lisa H $100,000
Previous Owner Clark Steven D $325,000
Previous Owner Clark Steven D $325,000
Closed Taylor Charles --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $605,000 -1.6% $224 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $614,900 -- $228 / 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 $5,728 $643,333 $0 $0
2024 $5,728 $608,100 $202,000 $406,100
2023 $5,257 $558,067 $0 $0
2022 $4,786 $508,033 $0 $0
2021 $4,336 $458,000 $157,000 $301,000
2020 $4,336 $452,100 $0 $0
2019 $4,280 $446,200 $0 $0
2018 $4,223 $440,300 $147,000 $293,300
2017 $4,223 $440,300 $0 $0
2016 -- $440,300 $0 $0
2015 $1,760 $461,100 $0 $0
2014 $1,760 $429,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Norfolk

    Seller's Agent in 2021

    Jennifer Norfolk

    Coldwell Banker Waterman Realty

    (443) 695-3172

    78 Total Sales

    Jennifer Norfolk
    Section Image
  • Kevin McCracken

    Buyer's Agent in 2021

    Kevin McCracken

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (443) 838-1417

    17 Total Sales

    Kevin McCracken
    Section Image
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Map

Source: Bright MLS

MLS Number: MDQA148010

Bright MLS

APN: 05-030242

Maryland Queen Annes County Grasonville 21638

355 W Prospect Bay Dr, Grasonville, MD

This home is located at 355 W Prospect Bay Dr, Grasonville, MD 21638 since 18 June 2021 and is currently estimated at $820,332, approximately $304 per square foot. This property was built in 1988. 355 W Prospect Bay Dr 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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