263 Prospect Bay Dr
Grasonville, MD 21638
7 bd 5 ba 3,668 sqft Built 1998 Lot 81,022 sqft single_family
Most recent sale
$3,250,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $3,250,000 | MLS #MDQA2002684 |
| Mar 11, 2022 | Listed | $3,199,000 | MLS #MDQA2002684 |
| Dec 23, 2016 | Sold | $1,200,000 | MLS #1000469964 |
| Oct 30, 2016 | Listing removed | $1,350,000 | MRIS |
| Oct 11, 2016 | Price changed | $1,350,000 | MLS #QA8641170 |
| May 6, 2016 | Price changed | $1,499,000 | MLS #QA8641170 |
| Feb 1, 2016 | Price changed | $1,600,000 | MLS #QA8641170 |
| Aug 3, 2015 | Price changed | $1,795,000 | MLS #QA8641170 |
| May 22, 2015 | Listed | $1,350,000 | MLS #1000469964 |
| Mar 27, 1998 | Sold | $300,000 | Public Record |
| Dec 11, 1987 | Sold | $249,000 | Public Record |
| Aug 7, 1987 | Sold | $125,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $1,593,033 | $11,660 |
| 2024 | — | — | $1,593,033 | $11,043 |
| 2022 | — | — | $1,172,167 | $11,041 |
| 2021 | $600,600 | $571,500 | $1,172,100 | $11,242 |
| 2020 | $600,600 | $571,500 | $1,172,100 | $11,242 |
| 2019 | $600,600 | $571,500 | $1,172,100 | $11,242 |
| 2018 | $783,200 | $714,300 | $1,497,500 | $14,362 |
| 2017 | — | — | $1,427,633 | $13,692 |
| 2016 | — | — | $1,357,767 | $13,022 |
| 2015 | $792,900 | $495,000 | $1,287,900 | $12,352 |
| 2014 | $792,900 | $495,000 | $1,287,900 | $12,352 |
| 2013 | — | — | $1,287,900 | $13,140 |
| 2012 | — | — | $1,370,000 | $13,140 |
| 2011 | — | — | $1,370,000 | $12,044 |
| 2010 | — | — | $1,370,000 | $11,822 |
| 2009 | — | — | $1,533,080 | $11,222 |
| 2008 | — | — | $1,427,346 | $11,222 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
7
Baths
5
Living area
3,668 sqft
Lot size
81,022 sqft
ZIP code
21638
City
Grasonville
Street
Prospect Bay Dr
Coordinates
38.89647, -76.20201
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$19,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 263 Prospect Bay Dr last sell?
263 Prospect Bay Dr most recently sold on Apr 29, 2022 for $3,250,000.
What is the current tax assessment for 263 Prospect Bay Dr?
The most recent total assessment for 263 Prospect Bay Dr (year 2025) is $1,593,033 with $11,660 in property tax.
How does 263 Prospect Bay Dr's assessment compare to its last sale price?
The current assessment is 51.0% below the last sale price of $3,250,000.
When was 263 Prospect Bay Dr built?
263 Prospect Bay Dr was built in 1998.
How does 263 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 263 Prospect Bay Dr?
263 Prospect Bay Dr is a 7 bed, 5 bath, 3,668 sqft, 81,022 sqft lot single_family.
Is 263 Prospect Bay Dr a flip candidate?
No — 263 Prospect Bay Dr does not appear in our flips dataset.
Is 263 Prospect Bay Dr a tax-appeal candidate?
No — 263 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