NOT LISTED FOR SALE

43 E Lake Dr Annapolis, MD 21403

Estimated Value: $1,398,000 - $1,539,000

3 Beds
2 Baths
1,580 Sq Ft
$936/Sq Ft Est. Value

Last Sold July 23, 2025

Last sale price $1,525,000 $965 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,445/month

2 Days on Market

Highlights

  • Marina
  • Home fronts navigable water
  • Fishing Allowed
  • Boat Ramp
  • Canoe or Kayak Water Access
  • Lake View

About This Home

As of July 2025

A comfy coastal cottage just steps from Lake Ogleton and Chesapeake Bay in the coveted Bay Ridge community. The interior gleams with hardwood floors, charming built-ins, cozy brick fireplace and stylish finishes throughout. The floor plan features an amazing gourmet Kitchen with dark countertops and modern white cabinets. The visually pleasing design coupled with the high end appliances and tons of natural light are sure to please everyone. The Living room with fireplace, sitting area/office and dining room create a wonderful space to gather and the expansive back deck ensures there is plenty of room for alfresco dining and enjoying the outdoors. 2 spacious bedrooms share a well appointed bathroom with beautiful tilework and walk-in shower. The studio space attached to the detached garage provides additional square footage with large open room, kitchenette and full bathroom Perfect for family, guests or whatever suits your needs. Enjoy fishing, swimming, kayaking and heading out on the water from the community access just a block from the home or the community marina. 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, pickleball courts, 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 slip away!

Last Agent to Sell the Property

Brad Kappel

(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 05/21/2025

TTR Sotheby's International Realty

Last Buyer's Agent

Scott Schuetter

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #617188

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,749

Year Built

  • Built in 1940

Lot Details

  • 7,300 Sq Ft Lot
  • Home fronts navigable water
  • Landscaped
  • Premium Lot
  • Corner Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage

Property Views

  • Lake
  • Scenic Vista
  • Garden

Home Design

  • Coastal Architecture
  • Cottage

Interior Spaces

  • 1,580 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Office or Studio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Programmable Thermostat
  • Water Treatment System
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 020204709493425

Community Details

Overview

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

Amenities

  • Common Area
  • Meeting Room

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Pier or Dock
  • Mooring Area
  • Marina
  • Beach
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,749

Year Built

Built in 1940

Lot Details

7,300 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Ownership: Fee Simple
  • Inclusions: see documents for inclusions/exclusions
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/23/2025 12:00:00 AM
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater - Tankless
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Galley, Upgraded Countertops, Water Treat System, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1580
  • Living Area Sq Ft: 1580
  • Price Per Sq Ft: 886.08
  • Above Grade Finished Sq Ft: 1580
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio
  • Construction Materials: Combination
  • Exterior Features: Exterior Lighting
  • View: Garden/Lawn, Lake, Scenic Vista
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Lake Ogleton/Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Boat Dock/Slip, Boat Ramp, Common Grounds, Marina/Marina Club, Meeting Room, Mooring Area, Pier/Dock, Pool - Outdoor, Pool Mem Avail, Swimming Pool, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Front Yard, Landscaping, Level, Premium, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7300.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8749.00
  • Assessor Parcel Number: 020204709493425
  • Tax Lot: 34
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jul 22, 2025
Sold by
Miller Robert J and Miller Meredith P
Bought by
Koenig Ross and Koenig Hilary
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,400,000
Sold Price
$1,525,000
Premium/Discount to List
$125,000
8.93%
Views
46
Current Estimated Value
$1,479,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,345
Avg. Annual Appreciation
-5.16%

Purchase Details

Closed on
May 31, 2013
Sold by
Macdonald Alan S and Macdonald Amy H
Bought by
Miller Robert J and Miller Meredith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Stewart Rodgers A
Bought by
Macdonald Alan S and Macdonald Amy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1987
Sold by
Pritchett Mildred M
Bought by
Stewart Rodgers A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koenig Ross $1,525,000 Universal Title
Miller Robert J $600,000 National Title Corporation
Macdonald Alan S $700,000 --
Stewart Rodgers A $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Robert J $300,000
Previous Owner Macdonald Alan S $359,650
Previous Owner Stewart Rodgers A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Sold $1,525,000 +8.9% $965 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $1,400,000 -- $886 / Sq Ft
Source: Bright MLS

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 $9,868 $769,967 -- --
2024 $9,868 $764,300 $0 $0
2023 $8,966 $698,900 $608,100 $90,800
2022 $6,826 $653,233 $0 $0
2020 $7,035 $561,900 $458,100 $103,800
2019 $7,021 $561,900 $458,100 $103,800
2018 $5,698 $561,900 $458,100 $103,800
2017 $4,654 $563,800 $0 $0
2016 -- $563,800 $0 $0
2015 -- $563,900 $0 $0
2014 -- $664,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2115628

Bright MLS

APN: 02-047-09493425

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