NOT LISTED FOR SALE

48 Lawrence Ave Annapolis, MD 21403

Estimated Value: $1,529,000 - $1,683,804

4 Beds
3.5 Baths
2,361 Sq Ft
$694/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $750,000 $318 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $9,673/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Open Floorplan
  • Water Views
  • Water Access
  • Lake Privileges

About This Home

As of December 2012

Prime lot (just under 1/2 acre) in great location across from the community marina. Bright open floor plan with hardwood floors, sun room off the kitchen, large master with 3 walk-in closets plus great privacy backing to community property. Community features pool, club house, boat ramp, marina and beautiful bayside beaches. HOA non mandatory. Short Sale need 3rd party approval.

Last Agent to Sell the Property

George Turner

Coldwell Banker Realty Listed on: 01/30/2012

Coldwell Banker Realty

Last Buyer's Agent

Pamela Tierney

Coldwell Banker Realty License #585041

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,035

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • Partially Fenced Property
  • Private Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Access
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 020204705096800

Community Details

Overview

  • Bay Ridge Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Baseball Field
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,035

Year Built

Built in 1980

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Remarks Public: Prime lot (just under 1/2 acre) in great location across from the community marina. Bright open floor plan with hardwood floors, sun room off the kitchen, large master with 3 walk-in closets plus great privacy backing to community property. Community features pool, club house, boat ramp, marina and beautiful bayside beaches. HOA non mandatory. Short Sale need 3rd party approval.
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Combination Kitchen/Dining, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Insulated
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Full, Partially Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Shingle Siding, Wood Siding
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OGLETON
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Community Center, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Water/Lake Privileges
  • HOA: Yes

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 273640.00
  • Land Assessed Value: 677470.00
  • Lot Features: Corner, Private
  • Lot Size Acres: 0.45
  • Lot Size Area: 19495
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19495.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170591
  • Tax Annual Amount: 10035.34
  • Assessor Parcel Number: 020204705096800
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 2361
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 12/28/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Dec 28, 2012
Sold by
Hughes Andrew D and Hughes Caroline V K
Bought by
Julian Bradley C and Julian Christy A
Seller's Agent
George Turner
Coldwell Banker Realty
Buyer's Agent
Pamela Tierney
Coldwell Banker Realty
List Price
$824,500
Sold Price
$750,000
Premium/Discount to List
-$74,500
-9.04%
Current Estimated Value
$1,638,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,201
Avg. Annual Appreciation
5.99%
Original Mortgage
$60,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2007
Sold by
Mckown Michael E
Bought by
Hughes Andrew D and Hughes Caroline V K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2007
Sold by
Mckown Michael E
Bought by
Hughes Andrew D and Hughes Caroline V K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1987
Sold by
Harjess Rich E
Bought by
Mckown Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
10.37%
Source: Public Records

Range of Values:

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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
Julian Bradley C $750,000 Title Resources Guaranty Co
Hughes Andrew D $980,000 --
Hughes Andrew D $980,000 --
Mckown Michael E $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julian Bradley C $721,000
Closed Julian Bradley C $721,000
Closed Julian Bradley C $725,000
Closed Julian Bradley C $681,000
Closed Julian Bradley C $60,000
Previous Owner Hughes Caroline V K $100,000
Previous Owner Hughes Andrew D $586,000
Previous Owner Hughes Andrew D $580,000
Previous Owner Hughes Andrew D $580,000
Previous Owner Mckown Michael $855,000
Previous Owner Mckown Michael E $100,000
Previous Owner Mckown Michael E $167,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $750,000 -1.9% $318 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
09/27/2012 09/27/12 Price Changed $764,500 -7.3% $324 / Sq Ft
08/30/2012 08/30/12 For Sale $824,500 +9.9% $349 / Sq Ft
08/20/2012 08/20/12 Off Market $750,000 -- --
08/03/2012 08/03/12 Price Changed $824,500 -2.9% $349 / Sq Ft
06/29/2012 06/29/12 Price Changed $849,500 -2.8% $360 / Sq Ft
06/05/2012 06/05/12 Price Changed $874,000 -2.4% $370 / Sq Ft
04/15/2012 04/15/12 Price Changed $895,500 -5.6% $379 / Sq Ft
02/17/2012 02/17/12 Price Changed $948,500 -4.2% $402 / Sq Ft
01/30/2012 01/30/12 For Sale $990,000 -- $419 / 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 $11,271 $1,168,200 -- --
2024 $11,271 $1,061,600 $0 $0
2023 $10,799 $955,000 $675,200 $279,800
2022 $9,450 $904,267 $0 $0
2021 $19,733 $853,533 $0 $0
2020 $9,598 $802,800 $525,200 $277,600
2019 $18,842 $800,133 $0 $0
2018 $8,086 $797,467 $0 $0
2017 $8,724 $794,800 $0 $0
2016 -- $788,200 $0 $0
2015 -- $781,600 $0 $0
2014 -- $775,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003832556

Bright MLS

APN: 02-047-05096800