NOT LISTED FOR SALE

41 E Lake Dr Annapolis, MD 21403

Estimated Value: $1,502,000 - $1,837,000

3 Beds
2.5 Baths
1,956 Sq Ft
$848/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $1,045,000 $534 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,515/month

Highlights

  • Water Views
  • Water Access
  • 1 Fireplace
  • Home fronts navigable water
  • Gourmet Kitchen
  • No HOA

About This Home

As of January 2014

CALL LA FOR DETAILS, SEE VIRTUAL TOUR

Last Agent to Sell the Property

Gary Schneider

(443) 370-7505 gary.schneider@longandfoster.com Long & Foster Real Estate, Inc. License #611843 Listed on: 12/06/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Carl Herber

(443) 286-4099 carl@herberhometeam.com Cummings & Co. Realtors License #529414

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,959

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Water Views
  • Unfinished Basement
  • Rear Basement Entry
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Water Access

Utilities

  • Central Heating and Cooling System
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 020204705134700

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,959

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1922
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY,LAKE OGLETON
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 155000.00
  • Land Assessed Value: 660500.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170595
  • Tax Annual Amount: 8958.61
  • Assessor Parcel Number: 020204705134700
  • Tax Lot: 39
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2005
Sold by
Harris John P
Bought by
Walden Michael E and Walden Heather
Current Estimated Value
$1,658,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$427,293
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,231,058
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
Walden Michael E $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walden Michael E $825,000
Closed Walden Michael E $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $1,045,000 -3.9% $534 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $1,087,000 -- $556 / 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 $9,409 $941,500 -- --
2024 $9,409 $861,600 $0 $0
2023 $8,997 $781,700 $650,500 $131,200
2022 $7,714 $738,200 $0 $0
2021 $16,435 $694,700 $0 $0
2020 $7,985 $651,200 $500,500 $150,700
2019 $15,732 $651,200 $500,500 $150,700
2018 $6,603 $651,200 $500,500 $150,700
2017 $9,361 $654,600 $0 $0
2016 -- $654,600 $0 $0
2015 -- $654,600 $0 $0
2014 -- $815,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003781704

Bright MLS

APN: 02-047-05134700