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

Queen Anne's County property record for 508 Prospect Bay Dr E, Grasonville, MD 21638

Property Summary

Property TypeSingle Family Home
Details3 ba · 2,708 sqft · built 1987
Lot Size5.01 acres (218,236 sqft)
OwnerIndividual Name on File
Last Sale$469,000 (Aug 2010)
Tax Bill$6,232 (2025)
Deeds & MortgagesOct 2025 Mortgage
Flood ZoneZone X (minimal risk)
APN05-022363

Property Details

APN / Parcel Number

Primary APN05-022363
Alternative APNs
  • 5022363
  • 022363

Interior

Full Baths3 Baths
Stories1 Story
Building Area2,708 sqft Total Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1987
Effective Year BuiltEffective 1987
Exterior MaterialBrick
Roof MaterialComposition Shingle
Lot Area218,236 sqft (5.01 acres)
Garage TypeAttached
Garage Area576 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

Pool TypeIn-Ground Vinyl Pool
Pool Area648 sqft
PorchPorch
Porch Area288 sqft
Patio Area660 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHeat Pump
SewerConnected

Location & Zoning

Account Number022363
Street Address508 PROSPECT BAY DR E
CityGRASONVILLE
StateMD
Zip21638-1183
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeNC-5
Legal DescriptionLOT 30 PROSPECT PLANTATION
Legal SubdivisionPROSPECT PLANTATION
Legal BlockEAST
Legal Lot Number30
JurisdictionQUEEN ANNE'S MD
Township / Civil Division5, QUEENSTOWN
Census Block Group3
Census Block3003
Census Tract810600

Owner

Source: Queen Anne's County records · APN 05-022363

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 RecordIndividual Name on File
Mailing Address508 PROSPECT BAY DR E, GRASONVILLE, MD 21638-1183
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 17, 2010 · Amount on Record
Deed SaleAug 17, 2010 · Amount on Record
Prior SaleDec 17, 2003 · Amount on Record
Deed Document Number2010862
Deed Book / Page1963 / 641
Record UpdatedSep 20, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionQUEEN ANNE'S MD
Property Address508 PROSPECT BAY DR E, GRASONVILLE, MD 21638-1183
Transaction TypeMortgage
Record UpdatedNov 14, 2025
Title CompanyUNKNOWN, REDWOOD TITLE LLC

Transferred To (Grantee/Buyer)

NameVerified Name
Address508 PROSPECT BAY DR E, GRASONVILLE, MD 21638-1183

Mortgage

Document Number0046630198
DateOct 29, 2025
Book Page4663/198
Lender
NameMK LENDING CORP
TypeMortgage Company
AddressNORTH HOLLYWOOD, CA 91601
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueNov 01, 2055

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$705,567 (+18.24%)$745,300 (+19.04%) Land $273,500 Building $471,800
2025$6,232.00 (+11.48%) Homeowner's exemption
2023$5,590.00 Homeowner's exemption$596,700$626,100 Land $213,000 Building $413,100

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
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.

Nearby Properties on Prospect Bay Dr E

Nearby Streets

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