NOT LISTED FOR SALE

34 E Lake Dr Annapolis, MD 21403

Estimated Value: $3,129,000 - $3,769,430

6 Beds
5.5 Baths
3,424 Sq Ft
$989/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $1,900,000 $555 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $20,181/month

66 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Ramp
  • Pier
  • Marina
  • 4 Dock Slips
  • Private Pool

About This Home

As of August 2017

ANNAPOLIS WATERFRONT BAY RIDGE! Private Pier & Pool. 6 Bedrooms, 5 1/2 Baths, 2 Fireplaces & Finished L/L W/O with In law Suite, 2 Full Baths, Sauna, Wet Bar & Game Rm. 2 Decks Overlooking Pool & Waterfront. Pier Has 4 Slips, Two Are 40' & 18' Wide, 7' Deep Water. Attic Is Walkable & Floored With 1000sf. Over 5,600sf Of Living Space. OWNER TO BUILD GARAGE WITH ACCEPTABLE OFFER!

Last Agent to Sell the Property

Nancy Smith

(443) 618-1988 mdwaterfrontdiva@aol.com Coldwell Banker Realty License #522088 Listed on: 04/15/2017

Coldwell Banker Realty

Last Buyer's Agent

Patrick Morris

(202) 276-3286 patrickcmorrisdc@gmail.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,769

Year Built

  • Built in 1964 | Remodeled in 2015

Lot Details

  • 10,475 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R2

Home Design

  • Traditional Architecture
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Flue
  • Fireplace Mantel
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 5.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Electric Hoist or Boat Lift
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 020204707429300

Community Details

Overview

  • Property has a Home Owners Association
  • Bay Ridge Subdivision

Amenities

  • Picnic Area
  • Party Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Beach
  • Pool Membership Available
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,769

Year Built

Built in 1964 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1964
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Energy Star Clothes Washer, Energy Star Dishwasher, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven - Wall, Refrigerator, Surface Unit, Washer - Front Loading, Water Conditioner - Owned, Water Heater, Energy Star Refrigerator
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Country, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Whirlpool/Hottub, Entry Level Bedroom, Crown Moldings, Window Treatments, Wet/Dry Bar, Wood Floors, Recessed Lighting
  • Window Features: Energy Star Qualified, Double Pane, Screens, Skylights, Vinyl Clad, Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Screen, Flue For Stove
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Mud Room, Utility Room, Workshop
  • Basement: Yes
  • Basement Type: Connecting Stairway, Front Entrance, Outside Entrance, Rear Entrance, Side Entrance, Daylight, Full, Fully Finished, Full, Heated, Improved, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stone, Cedar, Fiber Cement
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access Features: Boat - Powered, Personal Watercraft (PWC), Fishing Allowed, Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: LAKE OGELTON
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Marina/Marina Club, Party Room, Picnic Area, Pool Mem Avail
  • HOA: Yes
  • Senior Community: No

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 10475
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10475.00
  • Property Condition: Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 14769.37
  • Assessor Parcel Number: 020204707429300
  • Tax Lot: 5
  • Tax Year: 2015

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2017
Closed on
Aug 9, 2017
Sold by
The Simpson Family Living Trust
Bought by
Gehrke Jordan M
Seller's Agent
Nancy Smith
Coldwell Banker Realty
Buyer's Agent
Patrick Morris
Compass
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%
Current Estimated Value
$3,384,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,484,810
Avg. Annual Appreciation
7.09%
Original Mortgage
$1,615,000
Outstanding Balance
$1,464,527
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,920,283

Purchase Details

Closed on
Aug 16, 2002
Sold by
32 East Lake Drive Ltd Partnership
Bought by
Simpson John and The Simpson Family Living Trust

Purchase Details

Closed on
May 29, 1985
Bought by
32 East Lake Drive Ltd Ptnshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
12.83%
Source: Public Records
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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
Gehrke Jordan M $1,900,000 Kvs Title Llc
Simpson John -- None Available
32 East Lake Drive Ltd Ptnshp $170,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehrke Jordan M $1,615,000
Previous Owner 32 East Lake Drive Ltd Ptnshp $198,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $1,900,000 -2.8% $555 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $1,954,000 -2.3% $571 / Sq Ft
04/15/2017 04/15/17 For Sale $1,999,999 -- $584 / 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 $29,768 $3,009,933 -- --
2024 $29,768 $2,552,267 $0 $0
2023 $24,459 $2,094,600 $1,222,000 $872,600
2022 $20,473 $1,959,167 $0 $0
2020 $19,020 $1,688,300 $1,006,800 $681,500
2019 $34,537 $1,591,600 $0 $0
2018 $15,158 $1,494,900 $0 $0
2017 $12,615 $1,398,200 $0 $0
2016 -- $1,398,200 $0 $0
2015 -- $1,398,200 $0 $0
2014 -- $1,472,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002361374

Bright MLS

APN: 02-047-07429300