NOT LISTED FOR SALE

24 E Lake Dr Annapolis, MD 21403

Estimated Value: $2,313,000 - $2,823,975

3 Beds
2.5 Baths
2,184 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $1,185,000 $543 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $15,096/month

298 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Pier
  • Gourmet Kitchen
  • 1 Dock Slip
  • Boat or Launch Ramp
  • Colonial Architecture

About This Home

As of October 2016

Fabulous waterfront custom home with a shared pier, boat lifter 4' MLW. Open floor plan with 2-sided fireplace, HW floors.Custom gourmet kitchen with high-end appliances, sun-room, waterside master suite. 2 year new roof/painting/craw space moisture management system/water conditioner/dock water line+more. New game room/Gym in detached garage. Option to include furniture.

Last Agent to Sell the Property

Victor Wang

(703) 606-7306 bmiwang@hotmail.com PM Management LLC License #MRIS:149275 Listed on: 10/16/2015

Last Buyer's Agent

Trish Dunn

(443) 995-5375 trishdunnrealestate@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,739

Year Built

  • Built in 1982

Lot Details

  • 0.3 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Free Parking

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Private Water Access
  • Property is near a lake
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 020204790035596

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,739

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Stove
  • Interior Amenities: Kitchen - Gourmet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Shingle
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: LAKE OGLETON
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Free

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 273000.00
  • Land Assessed Value: 1113300.00
  • Lot Size Acres: 0.30
  • Lot Size Area: 13250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13250.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170890
  • Tax Annual Amount: 13738.51
  • Assessor Parcel Number: 020204790035596
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Boat/Launch Ramp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Oct 28, 2016
Sold by
Chen Zheng and Ouyang Feng
Bought by
Gaaudian Suzanne W and Gaaudian Robert E
Seller's Agent
Victor Wang
PM Management LLC
Buyer's Agent
Trish Dunn
Long & Foster Real Estate, Inc.
List Price
$1,260,000
Sold Price
$1,185,000
Premium/Discount to List
-$75,000
-5.95%
Current Estimated Value
$2,574,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,389,658
Avg. Annual Appreciation
8.90%
Original Mortgage
$500,000
Outstanding Balance
$401,413
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,173,245

Purchase Details

Listed on
Aug 10, 2012
Closed on
Dec 28, 2012
Sold by
Cottrill Dean E and Cottrill Laura P
Bought by
Chen Zheng and Ouyang Feng
Seller's Agent
Georgie Berkinshaw
Coldwell Banker Realty
Buyer's Agent
Joan Fitzgibbons
CENTURY 21 New Millennium
List Price
$1,195,000
Sold Price
$960,000
Premium/Discount to List
-$235,000
-19.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Sterling G William
Bought by
Cottrill Dean E and Cottrill Laura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 13, 1997
Sold by
Sylvester Warren C
Bought by
Sterling G William and Sterling Donna S
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
Gaaudian Suzanne W $1,185,000 None Available
Chen Zheng $960,000 Title Resources Guaranty Co
Cottrill Dean E $1,350,000 --
Sterling G William $452,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaaudian Suzanne W $500,000
Previous Owner Cottrill Dean E $180,000
Closed Sterling G William --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2016 10/28/16 Sold $1,185,000 -6.0% $543 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $1,260,000 +6.3% $577 / Sq Ft
07/31/2016 07/31/16 Off Market $1,185,000 -- --
07/11/2016 07/11/16 Price Changed $1,260,000 -7.2% $577 / Sq Ft
02/04/2016 02/04/16 For Sale $1,358,000 +14.6% $622 / Sq Ft
02/01/2016 02/01/16 Off Market $1,185,000 -- --
10/16/2015 10/16/15 For Sale $1,358,000 +41.5% $622 / Sq Ft
12/28/2012 12/28/12 Sold $960,000 -12.3% $440 / Sq Ft View Prior Sale
12/14/2012 12/14/12 Pending -- -- --
09/28/2012 09/28/12 Price Changed $1,095,000 -8.4% $501 / Sq Ft
09/08/2012 09/08/12 For Sale $1,195,000 0.0% $547 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $1,195,000 +24.5% $547 / Sq Ft
08/11/2012 08/11/12 Off Market $960,000 -- --
08/10/2012 08/10/12 For Sale $1,195,000 -- $547 / 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 $18,481 $2,536,200 -- --
2024 $18,481 $2,110,800 $0 $0
2023 $17,731 $1,685,400 $1,253,300 $432,100
2022 $16,582 $1,586,767 $0 $0
2021 $32,333 $1,488,133 $0 $0
2020 $15,734 $1,389,500 $1,038,600 $350,900
2019 $30,216 $1,359,200 $0 $0
2018 $13,475 $1,328,900 $0 $0
2017 $299 $1,298,600 $0 $0
2016 -- $1,298,600 $0 $0
2015 -- $1,298,600 $0 $0
2014 -- $1,386,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002746318

Bright MLS

APN: 02-047-90035596