$465,000
SOLD JUN 26, 2025

503 Chester River Beach Rd Grasonville, MD 21638

3 Beds
2 Baths
1,602 Sq Ft
0.69 Acres

Recently Sold

$290 Per Sq Ft

3 Days on Market

Highlights

  • 0.69 Acre Lot
  • Coastal Architecture
  • Circular Driveway
  • Grasonville Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of June 2025

CHESTER RIVER BEACH..WATER PRIVELEDGED C OMMUNITY!! Home is in the final stages of renovation.
Custom kitchen, breakfast bar open to family room with wood burning fireplace. Step down to den or dining room?? Floor plan offers the option of "A Place For Mom" or use as HUGE owners' suite.
Enormous three season room adjoins Open deck!!! Community offers boat/jet ski launch, picnic pavilion and sandy beach.....

Last Agent to Sell the Property

Sharon Tryon

Long & Foster Real Estate, Inc. Listed on: 05/09/2025

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Norma Coursey

Benson & Mangold, LLC License #71055

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1963 | Remodeled in 2025

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Property is zoned NC-8

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,602 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Chester River Beach Subdivision

Listing and Financial Details

  • Tax Lot 2 ETC
  • Assessor Parcel Number 1805014557

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,079

Year Built

Built in 1963 | Remodeled in 2025

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/9/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1963
  • Year Renovated: 2025
  • Automatically Close On Close Date: Yes
  • Remarks Public: CHESTER RIVER BEACH..WATER PRIVELEDGED C OMMUNITY!! Home is in the final stages of renovation. Custom kitchen, breakfast bar open to family room with wood burning fireplace. Step down to den or dining room?? Floor plan offers the option of "A Place For Mom" or use as HUGE owners' suite. Enormous three season room adjoins Open deck!!! Community offers boat/jet ski launch, picnic pavilion and sandy beach.....
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1602
  • Living Area Sq Ft: 1602
  • Price Per Sq Ft: 290.26
  • Above Grade Finished Sq Ft: 1602
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Front 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, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Features: Level
  • Lot Size Acres: 0.69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29880.00
  • Year Assessed: 2025
  • Zoning: NC-8
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3079.00
  • Assessor Parcel Number: 1805014557
  • Tax Lot: 2 ETC
  • Tax Total Finished Sq Ft: 1602
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/26/2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 26, 2025
Sold by
Saddler Joseph Gregory
Bought by
Mcgowan Breeding Megan and Mcgowan Theophilus Breeding
Seller's Agent
Sharon Tryon
Long & Foster Real Estate, Inc.
Buyer's Agent
Norma Coursey
Benson & Mangold, LLC
List Price
$465,000
Sold Price
$465,000
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.64%
Original Mortgage
$395,000
Outstanding Balance
$395,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$70,238

Purchase Details

Closed on
Jun 5, 2020
Sold by
Saddler Laura J and Estate Of Marguerite W Mankin
Bought by
Saddler Joseph Gregory
Source: Public Records

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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 Type Sale Price Title Company
Deed $465,000 First American Title
Deed $465,000 First American Title
Deed Of Distribution -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,000 New Conventional
Closed $395,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $465,000 0.0% $290 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $465,000 -- $290 / 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
2024 $3,079 $326,900 $156,200 $170,700
2023 $2,979 $316,233 $0 $0
2022 $2,878 $305,567 $0 $0
2021 $2,786 $294,900 $146,200 $148,700
2020 $2,786 $290,500 $0 $0
2019 $2,744 $286,100 $0 $0
2018 $2,702 $281,700 $98,600 $183,100
2017 $2,692 $281,200 $0 $0
2016 -- $280,700 $0 $0
2015 $2,321 $280,200 $0 $0
2014 $2,321 $280,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bright MLS

MLS Number: MDQA2013008

Bright MLS

APN: 05-014557