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44 Prospect Bay Road

44 Prospect Bay Road, Grasonville, MD 21638
Property in Queen Anne's
Sold Dec 01, 2020
$450,000
$466,200 by Townebank Mortgage
Mortgage Due Dec 01, 2050
Sold Nov 25, 2019
$220,000
Local assessors in Grasonville, MD have categorized 44 Prospect Bay Road as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 45,738 square feet. The linear feet between the front and back of the lot was measured at 2,920 ft and the front of the lot was measured at 1,590 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 44 Prospect Bay Road has a total of 1,530 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 44 Prospect Bay Road was last sold in Nov 16, 2020 for $450,000. According to our calculations, that's $294.12 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Nov 8, 2019. Current property owners are expected to pay $3,748 in taxes per year. The property on 44 Prospect Bay Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $397,867. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 45,738
  • Lot Size Depth Feet: 2,920
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PLANTATION WEST
  • Land Acres: 1.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 165 SECTION 2, WEST PROSPECT PLANTATION

Ownership

  • Current Owner : BOYD TOSHA NICHOLE
  • Current Owner 2: BOYD ZACHARY PAUL
  • Previous Owner : BMW INVESTMENTS LLC
  • Owner Before Previous Owner: DIPHILPPO SAMUEL S
  • 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: 72 4 109
  • Account Number: 029236
  • District: 05
  • Section: 2
  • Parcel: 05-029236
  • Block: WEST
  • Lot: 165
  • Latitude: 38.9178
  • Longitude: -76.2009

    Address

  • Full Address: 44 Prospect Bay Dr W
  • Address - House Number: 44
  • 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: $3,748

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 80
  • Final Value: 578,497
  • High Value: 669,156
  • Low Value: 487,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,200
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $466,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $444,900
  • Market Land Value: $250,500
  • Market Improvement Value: $194,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,867

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11812020092
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Nov 08, 2019
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $466,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Queen Anne's



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Frequently Asked Questions

What neighborhood is 44 Prospect Bay Road located in?
The 44 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 44 Prospect Bay Road?
The average sales price for units in 44 Prospect Bay Road is $0 currently.

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