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345 Prospect Bay Dr

Grasonville, MD 21638

3 bd 3 ba 2,245 sqft Built 1987 Lot 75,794 sqft single_family
Most recent sale
$668,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $668,000 MLS #MDQA2004116
Jul 1, 2022 Listed $599,900 MLS #MDQA2004116

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $291,200 $162,400 $453,600 $4,350
2020 $449,200 $4,308
2019 $444,800 $4,266
2017 $288,000 $152,400 $440,400 $4,224
2016 $288,000 $152,400 $440,400 $4,224
2015 $308,400 $152,400 $460,800 $4,420
2014 $438,700 $3,975
2013 $416,600 $3,784
2012 $394,500 $3,784
2011 $394,500 $3,468
2010 $394,500 $3,927
2009 $554,220 $3,714

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,245 sqft
Lot size
75,794 sqft
ZIP code
21638
City
Grasonville
Street
Prospect Bay Dr
Coordinates
38.91021, -76.19549

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,368
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 345 Prospect Bay Dr last sell?
345 Prospect Bay Dr most recently sold on Jul 28, 2022 for $668,000.
What is the current tax assessment for 345 Prospect Bay Dr?
The most recent total assessment for 345 Prospect Bay Dr (year 2021) is $453,600 with $4,350 in property tax.
How does 345 Prospect Bay Dr's assessment compare to its last sale price?
The current assessment is 32.1% below the last sale price of $668,000.
When was 345 Prospect Bay Dr built?
345 Prospect Bay Dr was built in 1987.
How does 345 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 345 Prospect Bay Dr?
345 Prospect Bay Dr is a 3 bed, 3 bath, 2,245 sqft, 75,794 sqft lot single_family.
Is 345 Prospect Bay Dr a flip candidate?
No — 345 Prospect Bay Dr does not appear in our flips dataset.
Is 345 Prospect Bay Dr a tax-appeal candidate?
No — 345 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 valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.2%
2026 Q2
$659.2K
2026 Q3
$662.7K
ZIP 21638 — Median Price History + Forecast

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