NOT LISTED FOR SALE

168 W Lake Dr Annapolis, MD 21403

Estimated Value: $2,413,000 - $4,667,000

6 Beds
4.5 Baths
4,756 Sq Ft
$821/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $4,125,000 $867 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $23,072/month

153 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Beach
  • 150 Feet of Waterfront
  • 5 Dock Slips
  • Pier

About This Home

As of January 2024

Epic waterfront property with waterside pool located in coveted Bay Ridge community. Originally the community marina location, this property boasts a 220' deep-water pier with boathouse and multiple slips on one of the largest lots in the community. Recently refreshed with new paint and refinished floors on the main level, this 4200+ sqft brick rancher with walkout lower level is oriented to maximize the views from almost every room and the elevated lot creates endless panoramic views across Lake Ogleton. The breathtaking view through the walls of windows from the spacious sunken Living Room with fireplace and exposed beam trusses, captivates from the moment you enter the home. The attention to detail in the arched openings and wood moldings speaks to the quality of craftmanship throughout. The spacious dining room can accommodate large parties or a more intimate gathering and flows effortlessly to the adjacent gourmet Kitchen, Family Room and screened porch overlooking the waterside patio with in-ground pool. Crave a bird's eye view, head up to the upper deck to expand the view across the lake and glimpses of the Chesapeake Bay. With 6 bedrooms and 4.5 baths including the spacious Primary suite with separate bathrooms, walk-in closets and private balcony overlooking the lake, everyone in the family and your guests will appreciate the comfortable accommodations. The waterside pool with expansive paver patio and outdoor shower is the perfect place to gather all summer long. The coveted dock shack at the water's edge provides an additional hang out space for adults or kids! The sought-after Bay Ridge Community features a plethora of amenities including 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, pickleball courts, 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.

Last Agent to Sell the Property

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 05/31/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Payal Pubbi

(240) 601-0495 payalpubbi@gmail.com RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,901

Year Built

  • Built in 1978 | Remodeled in 2004

Lot Details

  • 0.88 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Circular Driveway
  • Off-Street Parking

Property Views

  • Lake
  • Panoramic
  • Scenic Vista
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Pool

  • In Ground Pool
  • Outdoor Shower

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
  • Bulkhead
  • Dock has a Storage Area
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Boathouse
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Shed
  • Playground

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 7
  • Assessor Parcel Number 020204708150701

Community Details

Overview

  • No Home Owners Association
  • Built by Winchester Construction
  • Bay Ridge Subdivision, Bay Ridge Waterfront Floorplan
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Beach
  • Community Playground
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,901

Year Built

Built in 1978 | Remodeled in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: See Residential Property Information under Inclusions/Exclusions
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-05-31
  • Federal Flood Zone: No
  • Year Built: 1978
  • Year Renovated: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Oven/Range - Gas, Refrigerator, Six Burner Stove, Washer, Water Conditioner - Owned, Water Heater, Built-In Range, Commercial Range, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Kitchen - Island, Dining Area, Family Room Off Kitchen, Butlers Pantry, Entry Level Bedroom, Built-Ins, Upgraded Countertops, Crown Moldings, Primary Bath(s), Wood Floors, Floor Plan - Open, 2nd Kitchen, Attic, Breakfast Area, Bar, Carpet, Ceiling Fan(s), Chair Railings, Exposed Beams, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Recessed Lighting, Wainscotting, Walk-In Closet(s), Sound System, Water Treat System, Window Treatments, Wine Storage
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Beamed Ceilings
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Full, Heated, Improved, Fully Finished, Walkout Level, Windows
  • Laundry Type: Main Floor, Lower Floor
  • Total Sq Ft: 5568
  • Living Area Sq Ft: 4756
  • Price Per Sq Ft: 1399.69
  • Above Grade Finished Sq Ft: 3215
  • Below Grade Finished Sq Ft: 1541
  • Below Grade Sq Ft: 812
  • Total Below Grade Sq Ft: 2353
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Boat House
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Outside Shower, Play Area
  • Pool Features: In Ground
  • View: Water, Lake, Panoramic, Scenic Vista, Garden/Lawn
  • 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: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Circular Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • 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: Beach, Boat Ramp, Boat Dock/Slip, Club House, Lake, Mooring Area, Pier/Dock, Pool - Outdoor, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38475.00
  • Outdoor Living Structures: Deck(s), Screened, Roof
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Building Info

  • Builder Name: Winchester Construction

Rental Info

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

Tax Info

  • Tax Annual Amount: 20901.00
  • Assessor Parcel Number: 020204708150701
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

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
May 31, 2023
Closed on
Jan 5, 2024
Sold by
Martino Peter
Bought by
Hannan Keith and Jacobs Karen
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Payal Pubbi
RE/MAX Advantage Realty
List Price
$4,995,000
Sold Price
$4,125,000
Premium/Discount to List
-$870,000
-17.42%
Views
286
Current Estimated Value
$3,905,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,369
Avg. Annual Appreciation
-2.82%
Original Mortgage
$300,000
Outstanding Balance
$94,838
Interest Rate
6.1%
Estimated Equity
$3,810,793

Purchase Details

Closed on
Jun 7, 2000
Sold by
Mcnew Carole R
Bought by
Martino Peter

Purchase Details

Closed on
Jun 22, 1999
Sold by
Mcnew Carole R
Bought by
Mcnew Carole R

Purchase Details

Closed on
Nov 2, 1998
Sold by
Mcnew Daniel W
Bought by
Mcnew Carole R
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
Hannan Keith $4,125,000 Community Title Network
Hannan Keith $4,125,000 Community Title Network
Martino Peter $1,800,000 --
Mcnew Carole R -- --
Mcnew Carole R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannan Keith $300,000
Closed Hannan Keith $300,000
Open Hannan Keith $3,000,000
Closed Hannan Keith $3,000,000
Closed Martino Peter --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $4,125,000 -8.3% $867 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $4,500,000 -9.9% $946 / Sq Ft
08/18/2023 08/18/23 For Sale $4,995,000 +21.1% $1,050 / Sq Ft
07/06/2023 07/06/23 Off Market $4,125,000 -- --
06/23/2023 06/23/23 Price Changed $4,995,000 -4.9% $1,050 / Sq Ft
05/31/2023 05/31/23 For Sale $5,250,000 -- $1,104 / 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 $30,099 $3,074,800 -- --
2024 $30,099 $2,582,000 $0 $0
2023 $15,911 $2,089,200 $1,458,600 $630,600
2022 $14,911 $1,967,433 $0 $0
2021 $28,970 $1,845,667 $0 $0
2020 $14,063 $1,723,900 $1,220,600 $503,300
2019 $13,878 $1,723,900 $1,220,600 $503,300
2018 $17,480 $1,723,900 $1,220,600 $503,300
2017 $13,131 $1,752,700 $0 $0
2016 -- $1,752,700 $0 $0
2015 -- $1,752,700 $0 $0
2014 -- $1,831,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2059790

Bright MLS

APN: 02-047-08150701