505 Prospect Bay Dr E, Grasonville, MD 21638 Property Records

Queen Anne's County property record for 505 Prospect Bay Dr E, Grasonville, MD 21638

Property Summary

Property TypeSingle Family Home
Details6.5 ba · 3,292 sqft · built 1988
Lot Size5.01 acres (218,236 sqft)
Owner2 Individual Names on File
Last Sale$640,000 (Apr 2013)
Tax Bill$8,840 (2025)
Deeds & MortgagesApr 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN05-022258

Property Details

APN / Parcel Number

Primary APN05-022258
Alternative APNs
  • 5022258
  • 022258

Interior

Full Baths6.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area3,292 sqft Total Area
1st Floor Area18 sqft
Utility Area816 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1988
Effective Year BuiltEffective 1988
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area218,236 sqft (5.01 acres)
View / LotWaterfront
Garage TypeBuilt-in
Garage Area816 sqft
Parking Spaces3 Parking Spaces

Exterior Amenities

Pool TypeSpa / Hot Tub (No Pool)
PorchSlab
Porch Area520 sqft
Deck Area320 sqft
Boat AccessBoat Access

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHeat Pump
SewerConnected

Location & Zoning

Account Number022258
Street Address505 PROSPECT BAY DR E
CityGRASONVILLE
StateMD
Zip21638-1183
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeNC-5
Legal DescriptionLOT 19 PROSPECT PLANTATION
Legal SubdivisionPROSPECT PLANTATION
Legal BlockEAST
Legal Lot Number19
JurisdictionQUEEN ANNE'S MD
Township / Civil Division5, QUEENSTOWN
Census Block Group3
Census Block3003
Census Tract810600

Owner

Source: Queen Anne's County records · APN 05-022258

Assessment roll updated August 12, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address505 PROSPECT BAY DR E, GRASONVILLE, MD 21638-1183
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleApr 19, 2013 · Amount on Record
Deed SaleApr 19, 2013 · Amount on Record
Prior SaleSep 08, 2003 · Amount on Record
Deed Document Number2013423989
Deed Book / Page2186 / 428
Record UpdatedSep 20, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionQUEEN ANNE'S MD
Property Address505 PROSPECT BAY DR E, GRASONVILLE, MD 21638-1183
Transaction TypeMortgage
Record UpdatedOct 26, 2022
Title CompanyAMROCK INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0036800141
DateApr 15, 2021
Book Page3680/141
Lender
NameQUICKEN LOANS LLC
TypeMortgage Company
AddressDETROIT, MI 48226
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term357 Months
DueJan 01, 2051

Tax Assessment & Valuation

Source: Queen Anne's County records · Assessment roll updated August 12, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateMaryland
CountyQueen Anne's County
Unified School DistrictQueen Annes County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$968,500 (+10.4%)$1,004,900 (+12.19%) Land $580,000 Building $424,900
2025$8,840.00 (+6.97%)
2023$8,264.00$877,300$895,700 Land $550,000 Building $345,700

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of October 25, 2022 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 94 policies
Nearby Flood Policies94 in force
Nearby Flood Claims24 (2000–2024)
Claims Outside the SFHA8 of 24
Most Recent ClaimJan 2024 · tidal / storm surge
Claims by Event
  • Hurricane Isabel, Sep 2003 · 21 claims

Wildfire

Wildfire RiskLow
lower than 66% of the US · above 70% of Maryland
Wildfire Likelihood0.03% annual chance
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Talkie Communications
Fiber
10,000 / 10,000
Xfinity
Fiber
2,000 / 2,000
Cogeco Cable Holdings II
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20

Based on FCC filings for 37 locations within half a mile of this property.

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