NOT LISTED FOR SALE

144 E Lake Dr Annapolis, MD 21403

Estimated Value: $2,393,784 - $3,541,000

4 Beds
3.5 Baths
3,585 Sq Ft
$775/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $2,200,000 $614 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $14,662/month

5 Days on Market

Highlights

  • 30 Feet of Waterfront
  • 2 Dock Slips
  • Pier
  • Boat Ramp
  • Beach
  • Fishing Allowed

About This Home

As of August 2022

BAY RIDGE WATERFRONT! Great opportunity for a wonderful home with stunning water views of Lake Ogleton in the coveted Bay Ridge community! Welcoming covered front porch opens into a stunning open floor plan with floor to ceiling windows that frame the beautiful views to the water and the luscious landscaping. This 4 bedroom, 3.5 bath home features soaring ceilings, gourmet Kitchen, spacious upper level bedrooms and wonderful Primary Suite with ensuite bath and beautiful views overlooking Lake Ogleton. The lower level boasts an additional bedroom with full bath and the perfect entertaining space with wet bar, lots of light, spacious deck and direct access to the sprawling backyard that flows to the water's edge and to the private pier. Enjoy fishing, swimming, kayaking and heading out on the water directly from the fully equipped pier with multiple lifts and slips; perfect for the boating enthusiast! Enjoy the waterfront lifestyle and feel like you are on vacation every day! The sought-after Bay Ridge Community features a community pool with a clubhouse that overlooks the beautiful waters of the Bay, community beaches on both the River and the Bay and a community Marina with a newly renovated clubhouse. Off-the-water activities include enjoying the basketball court, playground, ball fields, common areas and year-round community activities. Walk or ride your bike for miles along the water and enjoy all the benefits of the Bay Ridge lifestyle, there is no other place like it! Located just minutes from downtown Annapolis and Eastport which offer the perfect balance of small-town charm and big world sophistication. Traveling or commuting is just as convenient by easily accessing Rt. 50 and 97 which provides direct access to Baltimore, BWI, Ft. Meade/NSA and Washington, DC., or head over the Bay Bridge to the Eastern Shore for a quick beach vacation. Don't let this one get away!

Last Agent to Sell the Property

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 07/21/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Mary Ann Elliott

(410) 991-4000 maryann@sellingmarylandhouses.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,275

Year Built

  • Built in 1988

Lot Details

  • 0.44 Acre Lot
  • 30 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Back Yard
  • Property is in very good condition

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Creek or Stream

Home Design

  • Coastal Architecture
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Bar
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior, Rear, and Side Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Circular Driveway

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Property is near a creek

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 020204790035191

Community Details

Overview

  • No Home Owners Association
  • Bay Ridge Subdivision, Bay Ridge Waterfront Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Beach
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,275

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-23
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall, Range Hood, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wainscotting, Water Treat System, Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Side Entrance, Walkout Level, Windows
  • Total Sq Ft: 3585
  • Living Area Sq Ft: 3585
  • Price Per Sq Ft: 836.48
  • Above Grade Finished Sq Ft: 2385
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • View: Creek/Stream, Panoramic, River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage: No
  • Parking Features: Circular 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, Ceiling Fan(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Meeting Room, Mooring Area, Pier/Dock, Pool - Outdoor, Pool Mem Avail, Swimming Pool, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 399200.00
  • Land Assessed Value: 1326300.00
  • Lot Features: Landscaping, Premium, Rear Yard, Stream/Creek
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19210.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170887
  • Tax Annual Amount: 16275.00
  • Assessor Parcel Number: 020204790035191
  • Tax Lot: 9
  • 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 21, 2022
Closed on
Aug 24, 2022
Sold by
Jose Torano
Bought by
Kelly Matthew and Kelly Shannon
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Mary Ann Elliott
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,200,000
Premium/Discount to List
$205,000
10.28%
Views
2
Current Estimated Value
$2,776,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,595
Avg. Annual Appreciation
7.38%
Original Mortgage
$2,200,000
Outstanding Balance
$2,099,751
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$676,844

Purchase Details

Closed on
Dec 31, 1981
Bought by
Torano Jose and Torano Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
17.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Matthew $2,200,000 Eagle Title
Torano Jose $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Matthew $2,200,000
Previous Owner Torano Jose $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $2,200,000 +10.3% $614 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $1,995,000 -- $556 / 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 $502 $2,841,300 -- --
2024 $502 $2,195,700 $0 $0
2023 $474 $1,725,500 $1,326,300 $399,200
2022 $11,318 $1,625,133 $0 $0
2021 $21,963 $1,524,767 $0 $0
2020 $10,644 $1,424,400 $1,108,700 $315,700
2019 $20,605 $1,424,400 $1,108,700 $315,700
2018 $14,443 $1,424,400 $1,108,700 $315,700
2017 $9,870 $1,430,500 $0 $0
2016 -- $1,430,500 $0 $0
2015 -- $1,430,500 $0 $0
2014 -- $1,507,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2035916

Bright MLS

APN: 02-047-90035191