224 Prospect Bay Dr
Grasonville, MD 21638
3 bd 2 ba 2,091 sqft Built 1997 Lot 43,996 sqft single_family
Most recent sale
$549,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $549,000 | MLS #MDQA2004180 |
| Jul 14, 2022 | Listed | $549,000 | MLS #MDQA2004180 |
| Aug 11, 1997 | Sold | $105,000 | Public Record |
| Jan 24, 1989 | Sold | $99,500 | Public Record |
| Aug 27, 1987 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $276,700 | $155,100 | $431,800 | $4,141 |
| 2020 | — | — | $417,600 | $4,005 |
| 2019 | — | — | $403,400 | $3,869 |
| 2018 | $244,100 | $145,100 | $389,200 | $3,732 |
| 2017 | $244,100 | $145,100 | $389,200 | $3,733 |
| 2016 | $244,100 | $145,100 | $389,200 | $3,733 |
| 2015 | $261,400 | $145,100 | $406,500 | $3,717 |
| 2014 | — | — | $381,867 | $3,358 |
| 2013 | — | — | $357,233 | $3,190 |
| 2012 | — | — | $332,600 | $3,190 |
| 2011 | — | — | $332,600 | $2,924 |
| 2010 | — | — | $332,600 | $3,542 |
| 2009 | — | — | $480,720 | $3,351 |
Property facts
Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,091 sqft
Lot size
43,996 sqft
ZIP code
21638
City
Grasonville
Street
Prospect Bay Dr
Coordinates
38.90130, -76.20213
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,137
Gross rental yield
6.86%
Implied cap rate
4.46%
Trend-extrapolated value
—
Frequently asked questions
When did 224 Prospect Bay Dr last sell?
224 Prospect Bay Dr most recently sold on Aug 26, 2022 for $549,000.
What is the current tax assessment for 224 Prospect Bay Dr?
The most recent total assessment for 224 Prospect Bay Dr (year 2021) is $431,800 with $4,141 in property tax.
How does 224 Prospect Bay Dr's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $549,000.
When was 224 Prospect Bay Dr built?
224 Prospect Bay Dr was built in 1997.
How does 224 Prospect Bay Dr compare to others on Prospect Bay Dr?
We track 8 other properties on Prospect Bay Dr. Browse the list under "Other properties on Prospect Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 224 Prospect Bay Dr?
224 Prospect Bay Dr is a 3 bed, 2 bath, 2,091 sqft, 43,996 sqft lot single_family.
Is 224 Prospect Bay Dr a flip candidate?
No — 224 Prospect Bay Dr does not appear in our flips dataset.
Is 224 Prospect Bay Dr a tax-appeal candidate?
No — 224 Prospect Bay Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.2%
2026 Q2
$659.2K
2026 Q3
$662.7K
ZIP 21638 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Bay Dr