Off market

Zestimate^®

$1,231,700

505 Prospect Bay Dr E, Grasonville, MD 21638

3beds

3baths

3,424sqft

SingleFamily

Built in 1988

5.01 Acres Lot

$1,231,700 Zestimate^®

$360/sqft

$4,165 Estimated rent

Home value

$1,231,700

$1.11M - $1.38M

$4,165/mo

Zestimate^® history

Owner options

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$4,165/mo

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$4,165/mo

Rent Zestimate^®

Refinance and save

$7,398/mo

Est. payment

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$7,398/mo

Est. payment

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What's special

Enjoy waterfront living at it best. Situated on 5+ acres of land this 3 bdrm 2.5 bath home w/ 350' of waterfront is a must see. Upgrade features include a light filled Florida room, (2) gas fireplaces, corian countertops, hardwood & ceramic floors, stainless steel appliances, freshly painted walls, new carpet, huge bonus rm, and a 2 car garage w/option to convert storage area into a third garage.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Heat pump

Cooling

Other

Appliances

Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Has fireplace: Yes

Interior area

Total interior livable area: 3,424 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached

Features

Exterior features: Vinyl
Has spa: Yes
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 5.01 Acres

Details

Parcel number: 05022258

Construction

Type & style

Home type: SingleFamily
Architectural style: Conventional

Materials

Frame
Foundation: Piers
Roof: Asphalt

Condition

Year built: 1988

Community & HOA

HOA

Has HOA: Yes
HOA fee: $25 monthly

Location

Region: Grasonville

Financial & listing details

Price per square foot: $360/sqft
Tax assessed value: $932,100
Annual tax amount: $8,840

Price history

Date	Event	Price
4/19/2013	Sold	$640,000-7.2%$187/sqft
Source: Public Record Report a problem
8/6/2012	Price change	$689,900-6.8%$201/sqft
Source: Keller Williams Select Realtors #QA7797758 Report a problem
5/3/2012	Price change	$739,900-10.3%$216/sqft
Source: Keller Williams Select Realtors #QA7797758 Report a problem
3/20/2012	Listed for sale	$825,000+24.1%$241/sqft
Source: Keller Williams Select Realtors #QA7797758 Report a problem
9/8/2003	Sold	$665,000$194/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,840 +4.8%	$932,100 +4.1%
2024	$8,437 +2.1%	$895,700 +2.1%
2023	$8,264 +2.1%	$877,300 -2.1%
2022	$8,091 +0.4%	$895,700 +6.6%
2021	$8,061 +5%	$840,500 +5%
2020	$7,678 +5.3%	$800,567 -4.8%
2019	$7,295 +5.5%	$840,500 +16.6%
2018	$6,912 -0.9%	$720,700
2017	$6,972 +101.3%	$720,700
2016	$3,463	$720,700 +12.6%
2015	$3,463	$640,000
2014	$3,463	$640,000
2013	--	$640,000 -17.5%
2012	--	$776,100
2011	--	$776,100
2010	--	$776,100 -27%
2009	--	$1,063,020 +13.7%
2008	--	$935,156 +15.8%
2007	--	$807,293 +29.3%
2006	--	$624,490 +15.4%
2005	--	$541,236 +18.2%
2004	--	$457,983 +22.2%
2003	--	$374,730 +4.5%
2002	--	$358,716 +4.7%
2001	--	$342,703