1057 Lake Front Dr Edgewood, MD 21040
Estimated payment $1,804/month
Total Views
8,692
5
Beds
2.5
Baths
1,846
Sq Ft
$160
Price per Sq Ft
Highlights
- Open Floorplan
- Wood Flooring
- Formal Dining Room
- Deck
- Upgraded Countertops
- Patio
About This Home
**Back on the market, buyer could not perform** 5 Bedroom Turnkey Investment Opportunity with Strong Rental Income perfect for savvy investors or those looking to start or expand their rental portfolio. Fully leased through November 2026, this income-generating property is a perfect addition to any investor’s portfolio. Currently bringing in $2,925/month in rent—$2,745 subsidized through BRHP and $180 paid by the tenant—this property offers stable, reliable cash flow from day one. Ample parking, low maintenance exterior, and desirable location make this a tenant-friendly and profitable asset. Inside, you'll find luxury vinyl plank flooring throughout the main level, a modern kitchen with granite countertops and stainless steel appliances, and a spacious layout featuring 5 bedrooms and 2.5 bathrooms. The home includes 3 bedrooms upstairs and 2 additional bedrooms on the lower level, offering flexible living arrangements. With updated finishes and tenants already in place, this low-maintenance property is ready to deliver consistent returns with minimal hassle. Don’t miss this chance to own a high-yield asset in a strong rental market!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,958
Year Built
- Built in 1982
Lot Details
- 1,440 Sq Ft Lot
- Back Yard Fenced
HOA Fees
- $46 Monthly HOA Fees
Home Design
- Split Foyer
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Family Room
- Formal Dining Room
- Utility Room
- Laundry on lower level
- Upgraded Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-in Shower
Basement
- Connecting Stairway
- Interior Basement Entry
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Deck
- Patio
Schools
- Edgewood Middle School
- Edgewood High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- West Shore Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 1301092340
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,958 | $209,967 | $0 | $0 |
| 2024 | $1,958 | $179,633 | $0 | $0 |
| 2023 | $1,627 | $149,300 | $40,000 | $109,300 |
| 2022 | $1,583 | $145,200 | $0 | $0 |
| 2021 | $3,189 | $141,100 | $0 | $0 |
| 2020 | $1,581 | $137,000 | $40,000 | $97,000 |
| 2019 | $1,527 | $132,300 | $0 | $0 |
| 2018 | $1,473 | $127,600 | $0 | $0 |
| 2017 | $1,405 | $122,900 | $0 | $0 |
| 2016 | -- | $122,900 | $0 | $0 |
| 2015 | $1,728 | $122,900 | $0 | $0 |
| 2014 | $1,728 | $143,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $295,000 | -6.3% | $160 / Sq Ft |
| 07/04/2025 07/04/25 | For Sale | $315,000 | +21.2% | $171 / Sq Ft |
| 11/04/2022 11/04/22 | Sold | $260,000 | 0.0% | $163 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 10/18/2022 10/18/22 | Price Changed | $259,900 | -1.9% | $163 / Sq Ft |
| 09/03/2022 09/03/22 | For Sale | $264,900 | +1.9% | $166 / Sq Ft |
| 08/22/2022 08/22/22 | Off Market | $260,000 | -- | -- |
| 08/22/2022 08/22/22 | For Sale | $264,900 | +116.2% | $166 / Sq Ft |
| 05/22/2015 05/22/15 | Sold | $122,500 | -5.7% | $95 / Sq Ft |
| 05/01/2015 05/01/15 | Pending | -- | -- | -- |
| 04/12/2015 04/12/15 | For Sale | $129,900 | -- | $100 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | Junction Title | |
| Deed | $150,000 | New Title Company Name | |
| Deed | $122,500 | Key Title Inc | |
| Deed | $130,000 | -- | |
| Deed | $130,000 | Title Resources Guaranty Co | |
| Deed | $130,000 | -- | |
| Deed | $60,000 | -- | |
| Special Warranty Deed | $30,000 | Titlepoint Corporation | |
| Deed | $60,000 | -- | |
| Deed | $147,403 | -- | |
| Deed | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,099 | FHA | |
| Open | $255,290 | FHA | |
| Previous Owner | $132,795 | VA | |
| Previous Owner | $132,795 | VA | |
| Previous Owner | $171,700 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $17,999 | Unknown | |
| Previous Owner | $137,902 | VA | |
| Closed | -- | VA |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDHR2044234
APN: 01-092340
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