NOT LISTED FOR SALE

140 E Lake Dr Annapolis, MD 21403

Estimated Value: $3,212,000 - $4,855,000

5 Beds
4 Baths
4,028 Sq Ft
$982/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $3,900,000 $968 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $23,326/month

2 Days on Market

Highlights

  • 68 Feet of Waterfront
  • 2 Dock Slips
  • Pier
  • Boat Ramp
  • Beach
  • Sandy Beach

About This Home

As of July 2022

AMAZING VIEWS FROM THIS GORGEOUS WATERFRONT HOME IN THE SOUGHT AFTER COMMUNITY OF BAY RIDGE! THIS COASTAL STYLE HOME IS SITUATED PERFECTLY ON LAKE OGLETON WITH HUGE VIEWS OUT TO THE BAY AND EXPANSIVE WATER SIDE YARD. CASUAL ELEGANCE BEST DESCRIBES THIS SUN-DRENCHED HOME WITH WALLS OF WINDOWS THROUGHOUT & OFFERS 5 BEDROOMS, 4 FULL BATHS, GOURMET KITCHEN, TWO HOME OFFICES, CUSTOM MOLDINGS AND THE LIST GOES ON AND ON. THIS HOME IS AN ENTERTAINERS DREAM. WONDERFUL FLOW ONTO AN OVERSIZED DECK WITH AMPLE SPACE TO EAT CRABS OR BARBEQUE THEN MOVE TO THE SITTING AREA THAT OFFERS REMOTE SCREENS THAT LOWER TO THE DECK TO ENJOY LATE EVENINGS OVERLOOKING THE BAY. 125 FOOT PIER W/12,500 POUND BOATLIFT PLUS 1,500 POUND JET SKI LIFT. PERMITS IN HAND TO EXTEND THE PIER ANOTHER 16 FT IF DESIRED. THERE IS A R/O WATER SYSTEM AND WHOLE HOUSE GENERATOR & IRRIGATION. TWO CAR GARAGE WITH PARKING FOR 5-6 CARS IN THE DRIVEWAY. COME LIVE THE BAY RIDGE LIFESTYLE WITH COMMUNITY POOL(SWIM TEAM), BEACHES, MARINA, PLAYGROUND, 4TH OF JULY PARADES & MORE! EASY COMMUTE TO BALT/DC AND QUICK DRIVE TO DOWNTOWN ANNAPOLIS

Last Agent to Sell the Property

Pamela Tierney

(443) 822-9079 ptierney@lnf.com Coldwell Banker Realty License #585041 Listed on: 06/26/2022

Coldwell Banker Realty

Last Buyer's Agent

Lida Barniea

(443) 994-6680 lida.barniea@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,037

Year Built

  • Built in 1961 | Remodeled in 2019

Lot Details

  • 0.65 Acre Lot
  • 68 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned R2

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Bay
  • Lake

Home Design

  • Coastal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 2 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges

Utilities

  • 90% Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 020204708325800

Community Details

Overview

  • Association fees include insurance
  • Bay Ridge Civic Association
  • Bay Ridge Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,037

Year Built

Built in 1961 | Remodeled in 2019

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Exclusions: Kids bedroom curtains, anchor coat hooks, office chandelier, duck weathervane on shed, all artwork & TV's & will replace the girls bathroom new mirror after renovation of bathroom so to be in progress.
  • Inclusions: Curtains in the office, garage frig, kayaks
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1961
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4184
  • Living Area Sq Ft: 4028
  • Price Per Sq Ft: 969.45
  • Above Grade Finished Sq Ft: 3404
  • Below Grade Finished Sq Ft: 624
  • Below Grade Sq Ft: 156
  • Total Below Grade Sq Ft: 780
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Bay, Lake
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 68

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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, Boat Ramp, Club House, Common Grounds, Pool Mem Avail, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA Name: BAY RIDGE CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 672900.00
  • Land Assessed Value: 1358100.00
  • Lot Size Acres: 0.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28445.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170696
  • Tax Annual Amount: 19037.00
  • Assessor Parcel Number: 020204708325800
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Jul 11, 2022
Sold by
Wilson Jefferson R and Wilson Sally B
Bought by
Kelly James and Kelly Cornelia
Seller's Agent
Pamela Tierney
Coldwell Banker Realty
Buyer's Agent
Lida Barniea
Coldwell Banker Realty
List Price
$3,300,000
Sold Price
$3,900,000
Premium/Discount to List
$600,000
18.18%
Current Estimated Value
$3,956,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,435
Avg. Annual Appreciation
0.42%

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 15, 2016
Sold by
Burks John S and Burks Living Trust
Bought by
Wilson Jefferson R and Wilson Sally B
Seller's Agent
Deborah Laggini
Long & Foster Real Estate, Inc.
Buyer's Agent
Pamela Tierney
Coldwell Banker Realty
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Burks John S
Bought by
Burks John S and Burks Katherine E S

Purchase Details

Closed on
Sep 12, 2006
Sold by
Burks John S
Bought by
Burks John S and Burks Katherine E S

Purchase Details

Closed on
Jun 13, 1994
Sold by
Obrien David S
Bought by
Burks John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.29%

Purchase Details

Closed on
Jul 22, 1987
Sold by
Spinetta Frank A
Bought by
O'Brien David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
10.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelly James $3,900,000 Eagle Title
Wilson Jefferson R $2,000,000 Sage Title Group Llc
Burks John S -- --
Burks John S -- --
Burks John S $525,000 --
O'Brien David S $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Jefferson R $417,000
Previous Owner Burks John S $200,000
Previous Owner O'Brien David S $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold $3,900,000 +18.2% $968 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $3,300,000 +65.0% $819 / Sq Ft
11/15/2016 11/15/16 Sold $2,000,000 -4.8% $651 / Sq Ft View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $2,100,000 -- $684 / 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 $29,720 $3,064,800 -- --
2024 $29,720 $2,547,900 $0 $0
2023 $23,753 $2,031,000 $1,358,100 $672,900
2022 $19,840 $1,910,033 $0 $0
2021 $18,805 $1,789,067 $0 $0
2020 $18,805 $1,668,100 $1,136,700 $531,400
2019 $16,429 $1,644,167 $0 $0
2018 $16,429 $1,620,233 $0 $0
2017 $11,636 $1,596,300 $0 $0
2016 -- $1,596,300 $0 $0
2015 -- $1,596,300 $0 $0
2014 -- $1,674,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2037972

Bright MLS

APN: 02-047-08325800