227 Prospect Bay Dr
Grasonville, MD 21638
4 bd 4 ba 4,764 sqft Built 2006 Lot 45,738 sqft single_family
Most recent sale
$1,650,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $1,650,000 | MLS #MDQA2003762 |
| Jul 19, 2022 | Price changed | $1,650,000 | MLS #MDQA2003762 |
| Jun 20, 2022 | Price changed | $1,695,000 | MLS #MDQA2003762 |
| Jun 8, 2022 | Price changed | $1,750,000 | MLS #MDQA2003762 |
| May 29, 2022 | Listed | $1,800,000 | MLS #MDQA2003762 |
| May 25, 2005 | Sold | $875,000 | Public Record |
| Jan 17, 1986 | Sold | $85,000 | Public Record |
| May 26, 1983 | Sold | $45,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $508,900 | $551,200 | $1,060,100 | $10,167 |
| 2020 | — | — | $1,030,867 | $9,887 |
| 2019 | — | — | $1,001,633 | $9,607 |
| 2018 | $421,200 | $551,200 | $972,400 | $9,287 |
| 2017 | — | — | $926,933 | $8,846 |
| 2016 | — | — | $881,467 | $8,423 |
| 2015 | $384,800 | $451,200 | $836,000 | $8,018 |
| 2014 | — | — | $835,700 | $8,012 |
| 2013 | — | — | $835,400 | $8,009 |
| 2012 | — | — | $835,100 | $8,009 |
| 2011 | — | — | $835,100 | $7,341 |
| 2010 | — | — | $835,100 | $10,584 |
| 2009 | — | — | $1,221,510 | $10,075 |
Property facts
Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,764 sqft
Lot size
45,738 sqft
ZIP code
21638
City
Grasonville
Street
Prospect Bay Dr
Coordinates
38.90234, -76.20325
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
$7,146
Gross rental yield
5.20%
Implied cap rate
3.38%
Trend-extrapolated value
—
Frequently asked questions
When did 227 Prospect Bay Dr last sell?
227 Prospect Bay Dr most recently sold on Aug 26, 2022 for $1,650,000.
What is the current tax assessment for 227 Prospect Bay Dr?
The most recent total assessment for 227 Prospect Bay Dr (year 2021) is $1,060,100 with $10,167 in property tax.
How does 227 Prospect Bay Dr's assessment compare to its last sale price?
The current assessment is 35.8% below the last sale price of $1,650,000.
When was 227 Prospect Bay Dr built?
227 Prospect Bay Dr was built in 2006.
How does 227 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 227 Prospect Bay Dr?
227 Prospect Bay Dr is a 4 bed, 4 bath, 4,764 sqft, 45,738 sqft lot single_family.
Is 227 Prospect Bay Dr a flip candidate?
No — 227 Prospect Bay Dr does not appear in our flips dataset.
Is 227 Prospect Bay Dr a tax-appeal candidate?
No — 227 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