NOT LISTED FOR SALE

38 Greenwood Shoals Grasonville, MD 21638

Estimated Value: $1,219,501 - $1,398,000

3 Beds
2.5 Baths
2,879 Sq Ft
$449/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $698,500 $243 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,813/month

Highlights

  • 138 Feet of Waterfront
  • Marina
  • 1 Dock Slip
  • Grasonville Elementary School Rated A-
  • Boat Ramp
  • Pier

About This Home

As of December 2016

Great 1 level waterfront home in Prospect Bay. Protected waters on Greenwood Creek w/3 MLW. Living room with ventless gas fp. Bright kitchen with table space & bar. Separate dining. Spacious sun room with cathedral ceiling and water views. Split bedrooms for privacy. Master bedroom with updated master bath and water views. Large deck. Oversized 2 car garage. Prospect Bay Golf and Country Club.

Last Agent to Sell the Property

Jimmy White

Long & Foster Real Estate, Inc. Listed on: 06/28/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Mary Carson

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jennifer Chaney

Chaney Homes, LLC License #597247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,803

Year Built

  • Built in 1985

Lot Details

  • 1.05 Acre Lot
  • 138 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned NC-1

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Cedar

Interior Spaces

  • Property has 1 Level
  • Wet Bar
  • 1 Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck

Location

  • Property is near a creek

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 1805029872

Community Details

Overview

  • $50 Other Monthly Fees
  • West Prospect Plantation Subdivision

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,803

Year Built

Built in 1985

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: Great 1 level waterfront home in Prospect Bay. Protected waters on Greenwood Creek w/3 MLW. Living room with ventless gas fp. Bright kitchen with table space & bar. Separate dining. Spacious sun room with cathedral ceiling and water views. Split bedrooms for privacy. Master bedroom with updated master bath and water views. Large deck. Oversized 2 car garage. Prospect Bay Golf and Country Club.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Dining Area, Primary Bath(s), Entry Level Bedroom, Wet/Dry Bar
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 38

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

  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: GREENWOOD CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 138

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Circular Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 350.92
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Golf Course, Marina/Marina Club, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Club House
  • HOA: Yes
  • Senior Community: No

Fee Information

  • 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: 356400.00
  • Land Assessed Value: 451200.00
  • Lot Size Acres: 1.05
  • Lot Size Area: 45738
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2016
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530598
  • Tax Annual Amount: 7803.24
  • Assessor Parcel Number: 1805029872
  • Tax Lot: 212
  • Tax Total Finished Sq Ft: 2879
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 12/19/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • 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

Closed on
May 29, 2025
Sold by
Kroncke Reed R and Kroncke Sarah H
Bought by
Reedy Timothy Gary and Reedy Amy
Current Estimated Value
$1,292,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$583,498
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$709,127

Purchase Details

Listed on
Jun 28, 2016
Closed on
Dec 19, 2016
Sold by
Compton Roger H and Compton Jill S
Bought by
Kroncke Reed R and Kroncke Sarah H
Seller's Agent
Jimmy White
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Chaney
Chaney Homes, LLC
List Price
$725,000
Sold Price
$698,500
Premium/Discount to List
-$26,500
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$628,130
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 1993
Sold by
Jennier Kevin and Jennier Shelly
Bought by
Compton Roger H and Compton Jill S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.65%

Purchase Details

Closed on
Jul 7, 1989
Sold by
Wright Richard
Bought by
Jennier Kevin and Jennier Shelly

Purchase Details

Closed on
Feb 10, 1988
Sold by
Banello Raymond and Banello Eveleen
Bought by
Wright Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
9.94%
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
Reedy Timothy Gary $1,265,000 Eagle Title
Reedy Timothy Gary $1,265,000 Eagle Title
Kroncke Reed R $698,500 Bay East Title
Compton Roger H $325,000 --
Jennier Kevin $345,000 --
Wright Richard $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Timothy Gary $585,000
Closed Reedy Timothy Gary $585,000
Previous Owner Kroncke Reed R $628,130
Previous Owner Compton Roger H $359,600
Previous Owner Compton Roger H $260,000
Previous Owner Wright Richard $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $698,500 -3.7% $243 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $725,000 -- $252 / 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 $6,899 $803,867 $0 $0
2024 $6,899 $732,400 $451,200 $281,200
2023 $6,867 $728,967 $0 $0
2022 $6,835 $725,533 $0 $0
2021 $6,926 $722,100 $451,200 $270,900
2020 $6,926 $722,100 $451,200 $270,900
2019 $6,926 $722,100 $451,200 $270,900
2018 $7,746 $807,600 $451,200 $356,400
2017 $7,746 $807,600 $0 $0
2016 -- $807,600 $0 $0
2015 $3,645 $813,600 $0 $0
2014 $3,645 $808,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy White

    Seller's Agent in 2016

    Jimmy White

    Long & Foster

    (410) 320-3647

    142 Total Sales

    Jimmy White
    Section Image
  • Mary Carson

    Seller Co-Listing Agent in 2016

    Mary Carson

    Long & Foster

    (410) 310-3715

    124 Total Sales

    Mary Carson
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Chaney

    Chaney Homes, LLC

    (410) 739-0242

    32 Total Sales

    Jennifer Chaney
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002449016

Bright MLS

APN: 05-029872

Maryland Queen Annes County Grasonville 21638

38 Greenwood Shoals, Grasonville, MD

This home is located at 38 Greenwood Shoals, Grasonville, MD 21638 since 28 June 2016 and is currently estimated at $1,292,625, approximately $448 per square foot. This property was built in 1985. 38 Greenwood Shoals 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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