NOT LISTED FOR SALE

215 W Lake Dr Annapolis, MD 21403

Estimated Value: $3,338,000 - $4,668,000

6 Beds
9 Baths
8,642 Sq Ft
$465/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $3,700,000 $428 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $21,190/month

62 Days on Market

Highlights

  • 150 Feet of Waterfront
  • 4 Dock Slips
  • Pier
  • Boat Ramp
  • Beach
  • Second Kitchen

About This Home

As of February 2023

BAY RIDGE WATERFRONT! Great opportunity to own a beautifully designed and built home with water views of Lake Ogleton in the coveted Bay Ridge community! This custom home boasts a multitude of unique features including stunning woodwork, 5 fireplaces, geothermal heating/cooling, 3 car garage, enormous workshop, movie theater and Adirondack fishing lodge retreat. The outstanding craftsmanship throughout is unparalleled. A true labor of love by the owner! The welcoming front porch opens into a stunning foyer with wood paneled walls, ceilings and grand open staircase. The stunning Living Room with soaring ceiling, wood beams and 2 story stone fireplace flows into the Dining Room, an inspiring spot for entertaining. The Family Room, Kitchen and Breakfast nook have a prime view of the expansive backyard and Lake Ogleton. The waterside screened porch is the perfect place to lounge on a beautiful evening or head out to the stone patio that provides multiple sitting areas including a built-in firepit. With 6 ensuite Bedrooms, including main floor Primary suite, 3 half baths and 3 beautifully finished levels of living space, this property has ample room for everyone! Outside, the sprawling backyard 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 deep water pier with 3 boat lifts, and multiple 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: 11/04/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Eric McPhee

(410) 804-8432 eric@cummingsrealtors.com Cummings & Co. Realtors License #614458

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,940

Year Built

  • Built in 2008

Lot Details

  • 0.74 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Level Lot
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Scenic Vista
  • Creek or Stream
  • Garden

Home Design

  • Traditional Architecture
  • Wood Walls
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Paneling
  • Wainscoting
  • Beamed Ceilings
  • Wood Ceilings
  • Two Story Ceilings
  • Ceiling Fan
  • 5 Fireplaces
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Electric Fireplace
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

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
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near a creek

Utilities

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

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 020204709222100

Community Details

Overview

  • No Home Owners Association
  • Bay Ridge Subdivision, Bay Ridge Watefront 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

$27,940

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: See Residential Property Information in Document
  • Inclusions: See Residential Property Information in Documents
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-11-04
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Double/Dual Staircase, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Upgraded Countertops, Wainscotting, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Double Sided, Electric, Equipment, Fireplace - Glass Doors, Gas/Propane, Mantel(s), Screen, Stone
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Beamed Ceilings, Paneled Walls, Wood Ceilings, Wood Walls
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 8762
  • Living Area Sq Ft: 8642
  • Price Per Sq Ft: 520.71
  • Above Grade Finished Sq Ft: 8642
  • Above Grade Unfinished Sq Ft: 120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 5.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Awning(s), Extensive Hardscape, Exterior Lighting
  • Roof: Architectural Shingle
  • View: Creek/Stream, Garden/Lawn, 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: 150

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal, Central A/C, Ceiling Fan(s), Programmable Thermostat, Zoned
  • Heating Fuel: Geo-Thermal, Propane - Owned
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 1420100.00
  • Land Assessed Value: 1398000.00
  • Lot Features: Front Yard, Landscaping, Level, Premium, Rear Yard, Stream/Creek
  • Lot Size Acres: 0.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32250.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Enclosed, Porch(es), Patio(s), Screened
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170723
  • Tax Annual Amount: 27940.00
  • Assessor Parcel Number: 020204709222100
  • Tax Lot: 42
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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
Nov 4, 2022
Closed on
Feb 17, 2023
Sold by
William L Hodges Trust
Bought by
Downes John and Downes Jessica
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Eric McPhee
Cummings & Co. Realtors
List Price
$4,500,000
Sold Price
$3,700,000
Premium/Discount to List
-$800,000
-17.78%
Views
95
Current Estimated Value
$4,016,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,364
Avg. Annual Appreciation
3.00%
Original Mortgage
$3,691,862
Outstanding Balance
$3,570,918
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$445,446

Purchase Details

Closed on
Sep 17, 2016
Sold by
Hodges Luisa C and Hodges William L
Bought by
Hodges William L and William L Hodges Trust

Purchase Details

Closed on
Nov 5, 2013
Sold by
Hodges Luisa C
Bought by
Hodges Luisa C and Hodges William L

Purchase Details

Closed on
Oct 9, 2003
Sold by
Pawlik Chester T
Bought by
Hodges William L and Hodges Luisa C
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
Downes John $3,700,000 --
Hodges William L -- United Title & Escrow Inc
Hodges Luisa C -- None Available
Hodges William L -- None Available
Hodges William L -- None Available
Hodges William L $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downes John $3,691,862
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $3,700,000 -17.8% $428 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $4,500,000 -- $521 / 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 $4,060,633 -- --
2024 $502 $3,439,367 $0 $0
2023 $474 $2,818,100 $1,398,000 $1,420,100
2022 $26,798 $2,641,067 $0 $0
2021 $52,170 $2,464,033 $0 $0
2020 $25,390 $2,287,000 $1,170,000 $1,117,000
2019 $25,278 $2,287,000 $1,170,000 $1,117,000
2018 $23,190 $2,287,000 $1,170,000 $1,117,000
2017 $23,822 $2,332,400 $0 $0
2016 -- $2,332,400 $0 $0
2015 -- $2,332,400 $0 $0
2014 -- $2,424,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2046442

Bright MLS

APN: 02-047-09222100