NOT LISTED FOR SALE

138 E Lake Dr Annapolis, MD 21403

Estimated Value: $2,346,000 - $2,695,153

4 Beds
4 Baths
3,317 Sq Ft
$776/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $2,200,000 $663 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $15,674/month

9 Days on Market

Highlights

  • 14 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Marina
  • 1 Dock Slip
  • Lake View

About This Home

As of August 2022

Picture Perfect in Bay Ridge! This 4 year old Coastal home checks all the boxes. There is nothing to do but move in and enjoy your views straight out Lake Ogelton to Annapolis. Situated at one of the highest points on the Lake, enjoy the extensive outdoor entertaining areas and sweeping landscaped lawn down to the water. A private pier features 5 feet mean low water and a small lift for jet skis. Inside, no details have been overlooked- open floor plan with high ceilings and beautiful millwork. Thoughtful design included plenty of storage solutions. Beautifully finished kitchen and bathrooms throughout.

Bay Ridge is not just a neighborhood but a way of life. Enjoy private community beaches fronting the Severn River and Chesapeake Bay, community woods, ballfields, basketball court, pickelball court, playground, newly renovated clubhouse, bayfront pool (memberships available), poolhouse , walking trails and more! A true Chesapeake lifestyle. This one won't last long!

Last Agent to Sell the Property

Lida Barniea

(443) 994-6680 lida.barniea@cbmove.com Coldwell Banker Realty Listed on: 07/10/2022

Coldwell Banker Realty

Last Buyer's Agent

John Freeman

(443) 336-8366 johnfreemanrealtor@gmail.com Coldwell Banker Realty License #624993

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,431

Year Built

  • Built in 2018

Lot Details

  • 10,454 Sq Ft Lot
  • 14 Feet of Waterfront
  • Home fronts navigable water
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R2

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Architectural Shingle Roof
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Living Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Cooktop with Range Hood
  • Extra Refrigerator or Freezer
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Front Loading Dryer
  • Front Loading Washer

Improved Basement

  • Walk-Out Basement
  • Connecting Stairway

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Circular Driveway
  • Stone Driveway

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Deck
  • Patio
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Back Up Electric Heat Pump System
  • Heating System Powered By Owned Propane
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 020204709755200

Community Details

Overview

  • Bay Ridge Civic Assocation HOA
  • Built by Greg Lauer
  • Bay Ridge Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Marina
  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,431

Year Built

Built in 2018

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: generator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-11
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Range Hood, Stainless Steel Appliances, Water Heater, Water Conditioner - Owned, Washer - Front Loading, Dryer - Front Loading, Refrigerator, Extra Refrigerator/Freezer, Cooktop, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Combination Kitchen/Living, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Sprinkler System, Tub Shower, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings, Vaulted Ceilings
  • Foundation Details: Slab, Block
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Walkout Stairs
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3548
  • Living Area Sq Ft: 3317
  • Price Per Sq Ft: 998.33
  • Above Grade Finished Sq Ft: 2394
  • Below Grade Finished Sq Ft: 923
  • Below Grade Sq Ft: 231
  • Total Below Grade Sq Ft: 1154
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Fiber Cement, Shingle Siding
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle
  • View: Lake, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Lake Ogelton
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 14

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Stone Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor, Security System, Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Club House, Common Grounds, Marina/Marina Club, Tot Lots/Playground, Water/Lake Privileges, Pool Mem Avail
  • HOA Name: BAY RIDGE CIVIC ASSOCATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 534500.00
  • Land Assessed Value: 1219000.00
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Building Info

  • Builder Name: Greg Lauer

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15170748
  • Tax Annual Amount: 16431.00
  • Assessor Parcel Number: 020204709755200
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Aug 23, 2022
Sold by
Michael Kelley Jr James
Bought by
Buchert Matthew
Seller's Agent
Lida Barniea
Coldwell Banker Realty
Buyer's Agent
John Freeman
Coldwell Banker Realty
List Price
$2,390,000
Sold Price
$2,200,000
Premium/Discount to List
-$190,000
-7.95%
Current Estimated Value
$2,572,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,384
Avg. Annual Appreciation
4.88%
Original Mortgage
$600,000
Outstanding Balance
$572,659
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$1,999,725

Purchase Details

Closed on
Jan 31, 2020
Sold by
Kelly James M and Kelly Beth M
Bought by
Kelly James Michael and Kelly Cornelia Kolman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Feb 24, 2017
Sold by
Hall Alfred J and Hall Jane W
Bought by
Kelly James M and Kelly Beth M
Seller's Agent
Barbara Best
RE/MAX One
Buyer's Agent
Sue Schanz
Long & Foster Real Estate, Inc.
List Price
$1,075,000
Sold Price
$900,000
Premium/Discount to List
-$175,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
May 9, 2016
Sold by
Hall Alfred J and Hall Jane W
Bought by
Hall Alfred J and Hall Jane W

Purchase Details

Closed on
Mar 7, 1984
Bought by
Hall Alfred J and Hall Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
13.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Buchert Matthew $2,200,000 Liberty Title
Kelly James Michael $1,300,000 Sage Title Group Llc
Kelly James M $900,000 Sage Title Group Llc
Hall Alfred J -- Attorney
Hall Alfred J $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchert Matthew $600,000
Previous Owner Kelly James Michael $675,000
Previous Owner Hall Alfred J $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $2,200,000 -7.9% $663 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $2,390,000 +165.6% $721 / Sq Ft
02/24/2017 02/24/17 Sold $900,000 -10.0% $383 / Sq Ft View Prior Sale
01/11/2017 01/11/17 Pending -- -- --
05/16/2016 05/16/16 Price Changed $999,999 -7.0% $426 / Sq Ft
03/18/2016 03/18/16 For Sale $1,075,000 -- $458 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $25,359 $2,558,767 -- --
2024 $25,359 $2,156,133 $0 $0
2023 $20,672 $1,753,500 $1,219,000 $534,500
2022 $18,668 $1,646,600 $0 $0
2021 $34,968 $1,539,700 $0 $0
2020 $16,302 $1,432,800 $1,005,800 $427,000
2019 $0 $1,432,800 $1,005,800 $427,000
2018 $10,268 $1,012,633 $0 $0
2017 $12,483 $1,099,200 $0 $0
2016 -- $1,099,200 $0 $0
2015 -- $1,099,200 $0 $0
2014 -- $1,122,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2039054

Bright MLS

APN: 02-047-09755200