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31 Prospect Bay Road

31 Prospect Bay Road, Grasonville, MD 21638
Property in Queen Anne's
Sold Oct 10, 2019
$894,500
$700,000 by Pentagon Fcu
Mortgage Due Oct 01, 2049
Sold Aug 27, 1986
$83,500
$62,625
Mortgage
31 Prospect Bay Road has been categorized by the local assessors in Grasonville, MD as a residential type of property. The building on the property was first built in 1989 and is 35 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 31 Prospect Bay Road has 4,537 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,140 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Sep 30, 2019 for $894,500. That's $197.16 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 1986 for $83,500. 31 Prospect Bay Road was last assessed in 2023. The total value of the property was assessed at $984,033. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,270. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,140
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 4,537
  • Gross Building Area: 4,537
  • Building Area: 4,537
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PLANTION WEST
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 56, PLAT 1 SECTION 1, WEST PROSPECT PLANTATION

Ownership

  • Current Owner : EISENBERG GEOFFREY P
  • Current Owner 2: EISENBERG JENNIFER L
  • Previous Owner : LEE SANG CHUL
  • Previous Owner 2: LEE MO YOUL
  • Owner Before Previous Owner: GARCIA RAYMOND
  • Owner Before Previous Owner 2: GARCIA FRUZSINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Queen Annes County Public Schools
  • Census Tract: 810600

Zoning

  • Zoning: NC-1

Geography

  • Assessors Map Reference: 65 23 73
  • Account Number: 027950
  • District: 05
  • Section: 1
  • Parcel: 05-027950
  • Block: WEST
  • Lot: 56
  • Latitude: 38.9204
  • Longitude: -76.2028

    Address

  • Full Address: 31 Prospect Bay Dr W
  • Address - House Number: 31
  • Street Segment Direction: W
  • Address - Street Name: Prospect Bay
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Grasonville
  • Carrier Code: R001
  • 4-Digit Zip Code: 1184
  • Zip Code: 21638

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,270

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 80
  • Final Value: 1,270,485
  • High Value: 1,473,335
  • Low Value: 1,067,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Oct 10, 2019
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $1,028,800
  • Market Land Value: $550,000
  • Market Improvement Value: $478,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $984,033

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Transaction ID: 11662417860
  • Current Sale Price: $894,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 27, 1986
  • Previous Sale Contract Date: Aug 27, 1986
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENTAGON FCU
  • First Mortgage Transaction Date: Oct 10, 2019
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 27, 1986
  • Previous Mortgage Loan Amount: $62,625

About Queen Anne's



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 31 Prospect Bay Road located in?
The 31 Prospect Bay Road is a located in the neighborhood of Queen Anne's in Queen Anne's, Grasonville.
What is the average sales price for listings in 31 Prospect Bay Road?
The average sales price for units in 31 Prospect Bay Road is $0 currently.

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