NOT LISTED FOR SALE

609 Prospect Bay Dr E Grasonville, MD 21638

Estimated Value: $1,309,000 - $1,513,000

3 Beds
3 Baths
2,514 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $860,000 $342 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,500/month

24 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 2 Dock Slips
  • Private Pool
  • Grasonville Elementary School Rated A-
  • Boat or Launch Ramp
  • Water Oriented

About This Home

As of December 2017

Check out this beautifully maintained waterfront home. Home features many updates to include newer septic, roof, Heating system, etc. Water views from most of house, private pier, concrete boat ramp and 4+ ft. of water. The outside entertainment area around the pool is amazing and will surely make everyone feel like they are on vacation. 2nd floor decks off every bedroom. Lg lot, private location.

Last Agent to Sell the Property

Chris Rosendale

CR Realty License #594933 Listed on: 08/29/2017

Last Buyer's Agent

Janice Duty

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,879

Year Built

  • Built in 1986

Lot Details

  • 5.11 Acre Lot
  • 100 Feet of Waterfront
  • Property is zoned NC-5

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Fee

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Water Oriented
  • River Nearby
  • Rip-Rap
  • Boat or Launch Ramp
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Oil Water Heater
  • Water Conditioner
  • Septic Tank

Community Details

  • Prospect Plantation Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 1805022290

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,879

Year Built

Built in 1986

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Check out this beautifully maintained waterfront home. Home features many updates to include newer septic, roof, Heating system, etc. Water views from most of house, private pier, concrete boat ramp and 4+ ft. of water. The outside entertainment area around the pool is amazing and will surely make everyone feel like they are on vacation. 2nd floor decks off every bedroom. Lg lot, private location.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 609

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Dock Type: Against Bulkhead Only (Lateral)
  • Pool Private: Yes
  • Water Access: No
  • Water Body Name: GREENWOOD
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Parking Fee, Paved Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well, Conditioner

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 313500.00
  • Land Assessed Value: 727700.00
  • Lot Size Acres: 5.11
  • Lot Size Area: 222592
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 222592.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: NC-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4529952
  • Tax Annual Amount: 9878.62
  • Assessor Parcel Number: 1805022290
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 2514
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 12/15/2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 4
  • Waterfront Features: Boat/Launch Ramp, Private Dock Site, Rip-Rap

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Dec 15, 2017
Sold by
Johnston Charles R and Johnston Gale Maria
Bought by
Frederick Jeffrey and Frederick Janell
Seller's Agent
Chris Rosendale
CR Realty
Buyer's Agent
Janice Duty
Benson & Mangold, LLC
List Price
$899,500
Sold Price
$860,000
Premium/Discount to List
-$39,500
-4.39%
Current Estimated Value
$1,417,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,208
Avg. Annual Appreciation
6.58%
Original Mortgage
$688,000
Outstanding Balance
$589,394
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$812,148

Purchase Details

Closed on
Dec 22, 2008
Sold by
Johnston Charles R and Johnston Gale M
Bought by
Johnston Charles R and Marie Johnston Trustees

Purchase Details

Closed on
Dec 4, 2008
Sold by
Johnston Charles R and Johnston Gale M
Bought by
Johnston Charles R and Marie Johnston Trustees

Purchase Details

Closed on
Aug 29, 1984
Sold by
Pear, Henry E, Company
Bought by
Johnston Charles R and Johnston Gale M
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
Frederick Jeffrey $860,000 None Available
Johnston Charles R -- --
Johnston Charles R -- --
Johnston Charles R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Jeffrey $200,000
Open Frederick Jeffrey $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $860,000 -4.4% $342 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $899,500 -- $358 / 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 $9,032 $952,400 $550,200 $402,200
2023 $9,032 $952,400 $550,200 $402,200
2022 $9,032 $952,400 $550,200 $402,200
2021 $9,605 $995,200 $550,200 $445,000
2020 $9,605 $995,200 $550,200 $445,000
2019 $9,605 $995,200 $550,200 $445,000
2018 $10,046 $1,041,200 $727,700 $313,500
2017 $9,176 $1,032,467 $0 $0
2016 -- $1,023,733 $0 $0
2015 $7,059 $1,015,000 $0 $0
2014 $7,059 $1,015,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000039367

Bright MLS

APN: 05-022290