NOT LISTED FOR SALE

54 E Lake Dr Annapolis, MD 21403

Estimated Value: $2,368,000 - $2,835,158

4 Beds
4 Baths
3,082 Sq Ft
$852/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $2,100,000 $681 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $15,334/month

2 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Boat Ramp
  • Beach
  • Primary bedroom faces the bay
  • 1 Dock Slip
  • Pier

About This Home

As of April 2022

SHOWINGS START 3/30 - 10-8 WATERFRONT LIVING IN BAY RIDGE Tranquil setting in family friendly community. This home is perfect for entertaining. Natural Light Filled Open Floor Plan featuring 4/5 generous sized bedrooms, 4 full baths, separate office or 5th bedroom on main level with full bath. Gourmet kitchen with granite, Sub-Zero, Thermador cooktop w/ss hood. Open Living Room fronting the water, with additional nook for reading or dining , Separate formal dining . Propane Fireplace, wood floors, Charming screened porch leading to expansive deck overlooking level fenced yard and waterfront. Irrigation system, extensive professional landscaping with shade trees. Generator, Bulkhead at waterfront with 50 foot shared pier with boatlift . Bay Ridge offers gorgeous community pool with membership, community ramp & marina with 120 slips, clubhouse. Light and Airy feel to this fabulous home.This is truly the ultoimate Annapolis lifestyle.

Last Agent to Sell the Property

Linda Bruns

(443) 845-4670 lynnyb2000@gmail.com Taylor Properties License #90565 Listed on: 03/29/2022

Taylor Properties

Last Buyer's Agent

Scott Schuetter

(410) 900-7668 scott@scottschuetter.com Berkshire Hathaway HomeServices PenFed Realty License #617188

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,258

Year Built

  • Built in 1990 | Remodeled in 2016

Lot Details

  • 10,276 Sq Ft Lot
  • 30 Feet of Waterfront
  • Home fronts navigable water
  • East Facing Home
  • Wrought Iron Fence
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,082 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Corner Fireplace
  • Non-Functioning Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Home Security

  • Alarm System
  • Storm Windows
  • Flood Lights

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Bulkhead
  • Electric Hoist or Boat Lift
  • Limit On Boat Length
  • Shared Slip
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Shared Waterfront
  • 1 Powered Boats Permitted
  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • 150 Amp Service
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 020204707587315

Community Details

Overview

  • Property has a Home Owners Association
  • Bay Ridge Civic Association, Inc (Voluntary) HOA
  • Bay Ridge Subdivision

Amenities

  • Community Center

Recreation

  • Boat Ramp
  • Mooring Area
  • Beach
  • Lap or Exercise Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,258

Year Built

Built in 1990 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Solid Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Store/Office, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Casement, Double Pane, Energy Efficient, Insulated, Screens, Sliding, Storm, Vinyl Clad
  • Fireplace Features: Corner, Gas/Propane, Mantel(s), Non-Functioning
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Bathroom 3, Full Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3082
  • Living Area Sq Ft: 3082
  • Price Per Sq Ft: 642.44
  • Above Grade Finished Sq Ft: 3082
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Cedar
  • Exterior Features: Awning(s), Extensive Hardscape, Lawn Sprinkler, Underground Lawn Sprinkler, Flood Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Water, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard, Boat - Length Limit
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 341.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s), Zoned
  • Electric Service: 150 Amps, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable, Fiber Optic

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Community Center, Mooring Area, Pool - Outdoor, Pool Mem Avail
  • HOA Name: BAY RIDGE CIVIC ASSOCIATION, INC (VOLUNTARY)
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Concrete, Fenced, Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GEORGETOWN EAST
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wrought Iron
  • Improvement Assessed Value: 410900.00
  • Land Assessed Value: 1216800.00
  • Lot Features: Bulkheaded, Landscaping, Level, Rear Yard
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10276.00
  • Outdoor Living Structures: Deck(s), Enclosed, Porch(es), Screened
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: R2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15170661
  • Tax Annual Amount: 15258.00
  • Assessor Parcel Number: 020204707587315
  • Tax Lot: 46
  • Tax Page Number: 321
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Shared, Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jul 31, 2015
Sold by
Swayze Walter B
Bought by
Senn Bradley T
Seller's Agent
Bo Moran
Coldwell Banker Realty
Buyer's Agent
Linda Bruns
Taylor Properties
List Price
$1,475,000
Sold Price
$1,250,000
Premium/Discount to List
-$225,000
-15.25%
Current Estimated Value
$2,626,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,376,719
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Swayze Walter B
Bought by
Swayze Walter B and Swayze Susan A

Purchase Details

Closed on
Nov 9, 2006
Sold by
Swayze Walter B
Bought by
Swayze Walter B and Swayze Susan A

Purchase Details

Closed on
Feb 26, 2004
Sold by
Askew Lawrence D
Bought by
Swayze Walter B and Swayze Susan A

Purchase Details

Closed on
Jun 4, 1997
Sold by
Minor Marilyn T
Bought by
Askew Lawrence D and Askew Sue E

Purchase Details

Closed on
Jul 11, 1995
Sold by
Witter Alberta C
Bought by
Minor Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.84%
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
Senn Bradley T $1,250,000 Eagle Title Llc
Swayze Walter B -- --
Swayze Walter B -- --
Swayze Walter B $1,300,000 --
Askew Lawrence D $550,000 --
Minor Marilyn T $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minor Marilyn T $1,440,000
Previous Owner Minor Marilyn T $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $2,100,000 +6.1% $681 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,980,000 +58.4% $642 / Sq Ft
07/31/2015 07/31/15 Sold $1,250,000 -13.8% $406 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
05/14/2015 05/14/15 Price Changed $1,450,000 -1.7% $470 / Sq Ft
03/27/2015 03/27/15 For Sale $1,475,000 -- $479 / 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 $19,360 $2,484,767 -- --
2024 $19,360 $2,056,233 $0 $0
2023 $18,594 $1,627,700 $1,216,800 $410,900
2022 $17,403 $1,527,600 $0 $0
2021 $15,180 $1,427,500 $0 $0
2020 $8,641 $1,327,400 $1,003,700 $323,700
2019 $9,991 $1,327,400 $1,003,700 $323,700
2018 $13,460 $1,327,400 $1,003,700 $323,700
2017 $14,939 $1,333,400 $0 $0
2016 -- $1,333,400 $0 $0
2015 -- $1,333,400 $0 $0
2014 -- $1,406,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2028014

Bright MLS

APN: 02-047-07587315