NOT LISTED FOR SALE

31 E Lake Dr Annapolis, MD 21403

Estimated Value: $1,678,000 - $1,893,000

4 Beds
3.5 Baths
2,597 Sq Ft
$679/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $1,725,000 $664 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,314/month

Highlights

  • Home fronts navigable water
  • Craftsman Architecture
  • No HOA
  • Water Access
  • 1 Fireplace
  • Community Pool

About This Home

As of June 2023

This home is located at 31 E Lake Dr, Annapolis, MD 21403 since 26 June 2023 and is currently estimated at $1,763,215, approximately $678 per square foot. This property was built in 1996. 31 E Lake Dr is a home located in Anne Arundel County with nearby schools including Georgetown East Elementary School, Annapolis Middle School, and Annapolis High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 06/26/2023

Last Buyer's Agent

Tracy Cannon

(410) 991-4698 tracy.cannon@cbrealty.com Coldwell Banker Realty License #5006135

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,412

Year Built

  • Built in 1996

Lot Details

  • 9,900 Sq Ft Lot
  • Home fronts navigable water
  • Property is in excellent condition
  • Property is zoned R2

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Home Security System
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Stone Driveway

Outdoor Features

  • Water Access
  • River Nearby

Schools

  • Georgetown East Elementary School
  • Annapolis Middle School
  • Annapolis High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020204710272650

Community Details

Overview

  • No Home Owners Association
  • $250 Recreation Fee
  • Bay Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,412

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1996
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Interior Access, Sump Pump, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3197
  • Living Area Sq Ft: 2597
  • Price Per Sq Ft: 664.23
  • Above Grade Finished Sq Ft: 2597
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GEORGETOWN EAST
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 279000.00
  • Land Assessed Value: 622400.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9900.00
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15170769
  • Tax Annual Amount: 9412.00
  • Assessor Parcel Number: 020204710272650
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2015
Sold by
Hannah Meredith Hubers and Ritter Meredith
Bought by
Ritter Lloyd
Current Estimated Value
$1,763,215

Purchase Details

Closed on
Apr 2, 2012
Sold by
Banzhaf Michael A and Banzhaf Joanne S
Bought by
Ritter Lloyd and Ritter Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$493,541
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,269,674

Purchase Details

Closed on
Apr 9, 2003
Sold by
Knade Karl R
Bought by
Banzhaf Michael A and Banzhaf Joanne S

Purchase Details

Closed on
May 18, 1999
Sold by
Krawczewicz Mark S
Bought by
Knade Karl R and Knade Susan H
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
Ritter Lloyd -- None Available
Ritter Lloyd $945,000 First American Title Ins Co
Banzhaf Michael A $825,000 --
Knade Karl R $451,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Lloyd $720,000
Closed Banzhaf Michael A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $1,725,000 0.0% $664 / Sq Ft
06/26/2023 06/26/23 For Sale $1,725,000 -- $664 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
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 $12,364 $1,075,667 -- --
2024 $12,364 $988,533 $0 $0
2023 $11,214 $901,400 $622,400 $279,000
2022 $10,072 $868,033 $0 $0
2021 $19,656 $834,667 $0 $0
2020 $9,582 $801,300 $472,400 $328,900
2019 $18,894 $801,300 $472,400 $328,900
2018 $8,125 $801,300 $472,400 $328,900
2017 $9,280 $807,200 $0 $0
2016 -- $793,833 $0 $0
2015 -- $780,467 $0 $0
2014 -- $767,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2061932

Bright MLS

APN: 02-047-10272650