Listing Courtesy of: Jimmy White - Long & Foster Real Estate, Inc. 410-643-2244
Sold on 2/14/2025

116 Prospect Bay Drive W Grasonville, MD 21638

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Residential Residence
4 Beds
3 Baths
2,425 Sq. Ft.
1.03 Acre Lot

Property Activity

Time on Site
33 days
Days on Market
Views
12
Saves
0
Last updated on 3/3/2025 3:35 PM
** Open House Cancelled**This much loved 1 owner home was built in 1997 and is sited on a fabulous 1.03 acre lot in Prospect Bay Golf and Country Club. Enjoy water views and fabulous sunsets from several rooms and from the wrap around front porch. Or relax and enjoy the golf course views from sever...al other rooms including the heated and cooled Florida Room and deck. This Par Five, 5th hole location is a perfect place to let your self play. Gorgeous hardwood floors flow from entry thru both the living and dining room. Bright kitchen with updated appliances is open to the family room with gas fireplace and sliders leading to the Florida room. Upstairs are 4 good sized bedrooms including the spacious Primary bedroom with Tray ceiling, spacious bath and walk in closet. Primary bath has soaking tub and walk in shower plus double vanities. Did I mention the water views and the 2nd level laundry room and 2 car garage with oversized parking pad? Residents of Prospect Bay enjoy many amenities including: Golf Course, Restaurant, Club House, Swimming Pool, Boat Ramp, Tennis Cts, Pickle Ball and more. Continue reading
MLS#
MDQA2012096
Property Type
Residential
Bedrooms
4
Bathrooms
2 Full/1 Half
Year Built
1997
HOA Fee
$535 Monthly
Square Feet
2,425 sq. ft
Price per Sq. Ft.
$309.28
Lot Size
1.03
Stories
2.0
Sewer
Public Sewer

Price History for 116 Prospect Bay Dr W

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Sold2/18/2025$760,000Public Records
Sold12/30/1994$94,000Public Records
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 3/3/2025.

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Tax History for 116 Prospect Bay Dr W

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Year Property Taxes Change Tax Assessment Change
2024$4,657
-
-$528,000
+5.35%
+5.35%
2023$4,657
+15.67%
+15.67%$501,200
+11.97%
+11.97%
2021$4,026
-
-$447,600
+3.2%
+3.2%
2020$4,026
-
-$433,700
+3.31%
+3.31%
2019$4,026
+3.44%
+3.44%$419,800
+3.42%
+3.42%
2018$3,892
-1.52%
-1.52%$405,900
-
-
2017$3,952
$405,900
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 116 Prospect Bay Dr W

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Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
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Xome ValueSM Disclosure

The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 116 Prospect Bay Dr W

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 116 Prospect Bay Dr W

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Public Schools

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Private Schools

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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Area Statistics

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People

Zip City County National
Population 5,154 3,388 49,702 329.73M
Population Density 527 612 133 93
People per Household 2.6 2.7 2.6 2.6
Median Age 44.9 35.1 44.7 38.4
Median Household Income $120,938 $104,762 $99,597 $69,021
Average Income $56,439 $40,061 $49,178 $37,638

Economy

Zip City County National
Unemployment 1.50 % 1.50 % 1.50 % 3.20 %
Recent Job Growth 0.79 % 0.79 % 0.79 % 1.40 %
Future Job Growth 33.01 % 33.01 % 33.01 % 42.20 %
Sales Tax 6.00 % 6.00 % 6.00 % 7.02 %
Income Tax 4.75 % 4.75 % 4.75 % 22.00 %
Cost of Living Index 140 140 131 100

Environment

Zip City County National
Altitude 3 10 38 2443
Rainfall (inches annually) 46.1 46.1 45.5 38.1
Snowfall (inches annually) 13.0 13.0 14.4 27.8
January Avg. Low Temp 28.0 28.0 26.7 21.7
July Avg. High Temp 86.5 86.5 86.9 85.8
Days of Precipitation Annually 112 112 111 106
Days Mostly Sunny Annually 213 205 208 205
Comfort Index (during hot weather) 7 7 7 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 21638

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Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 21638

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 3/1/2025.

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© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
This content last refreshed on 3/3/2025 3:35 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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