8 Prospect Bay Dr
Grasonville, MD 21638
4 bd 2 ba 3,720 sqft Built 1987 Lot 43,560 sqft single_family
Most recent sale
$712,250
Apr 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2022 | Sold | $712,250 | MLS #MDQA2002726 |
| Mar 5, 2022 | Price changed | $700,000 | MLS #MDQA2002726 |
| Mar 1, 2022 | Listed | $650,000 | MLS #MDQA2002726 |
| Aug 13, 2020 | Sold | $515,000 | MLS #MDQA143350 |
| Jul 9, 2020 | Price changed | $525,000 | MLS #MDQA143350 |
| Jun 10, 2020 | Price changed | $549,000 | MLS #MDQA143350 |
| May 14, 2020 | Price changed | $575,000 | MLS #MDQA143350 |
| Mar 13, 2020 | Listed | $600,000 | MLS #MDQA143350 |
| Jul 19, 2001 | Sold | $330,000 | Public Record |
| Dec 10, 1993 | Sold | $225,000 | Public Record |
| Jan 16, 1987 | Sold | $45,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $301,900 | $200,000 | $501,900 | $4,727 |
| 2021 | $363,700 | $155,000 | $518,700 | $4,975 |
| 2020 | — | — | $517,867 | $4,967 |
| 2019 | — | — | $517,033 | $4,959 |
| 2018 | $371,200 | $145,000 | $516,200 | $4,950 |
| 2017 | — | — | $505,767 | $4,851 |
| 2016 | — | — | $495,333 | $4,751 |
| 2015 | $339,900 | $145,000 | $484,900 | $4,651 |
| 2014 | — | — | $458,900 | $4,104 |
| 2013 | — | — | $432,900 | $3,903 |
| 2012 | — | — | $406,900 | $3,903 |
| 2011 | — | — | $406,900 | $3,577 |
| 2010 | — | — | $406,900 | $4,115 |
| 2009 | — | — | $607,290 | $3,893 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
3,720 sqft
Lot size
43,560 sqft
ZIP code
21638
City
Grasonville
Street
Prospect Bay Dr
Coordinates
38.92081, -76.19594
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
$5,580
Gross rental yield
9.40%
Implied cap rate
6.11%
Trend-extrapolated value
—
Frequently asked questions
When did 8 Prospect Bay Dr last sell?
8 Prospect Bay Dr most recently sold on Apr 11, 2022 for $712,250.
What is the current tax assessment for 8 Prospect Bay Dr?
The most recent total assessment for 8 Prospect Bay Dr (year 2022) is $501,900 with $4,727 in property tax.
How does 8 Prospect Bay Dr's assessment compare to its last sale price?
The current assessment is 29.5% below the last sale price of $712,250.
When was 8 Prospect Bay Dr built?
8 Prospect Bay Dr was built in 1987.
How does 8 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 8 Prospect Bay Dr?
8 Prospect Bay Dr is a 4 bed, 2 bath, 3,720 sqft, 43,560 sqft lot single_family.
Is 8 Prospect Bay Dr a flip candidate?
Yes — 8 Prospect Bay Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8 Prospect Bay Dr a tax-appeal candidate?
No — 8 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
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