NOT LISTED FOR SALE

56 E Lake Dr Annapolis, MD 21403

Estimated Value: $3,010,000 - $3,087,588

3 Beds
4 Baths
3,139 Sq Ft
$975/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $1,350,000 $430 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $18,070/month

Highlights

  • 1 Boat Dock
  • Pier
  • Colonial Architecture
  • Water Views
  • Home fronts navigable water
  • Deck

About This Home

As of September 2012

Waterfront Home For Sale on East Lake Dr in Annapolis MD 21403. Upscale Bay Ridge Colonial, the epitome of serenity on the pristine Lake Ogleton, with rolling lawn to the waters edge. Private pier with electricity, 1 boat & 2 Jet Ski lifts. Full yard sprinkler and flood lights, expanded driveway approaching side loading 2-car garage. Innovative home, gleaming hardwood floors & many upgrades.

Last Agent to Sell the Property

Pat Ogle

Long & Foster Real Estate, Inc. Listed on: 11/17/2011

Long & Foster Real Estate, Inc.

Co-Listed By

Gary Orders

Champion Realty, Inc.

Last Buyer's Agent

Vic Pascoe

Keller Williams Select Realtors of Annapolis License #597300

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,098

Year Built

  • Built in 1987

Lot Details

  • 0.55 Acre Lot
  • Home fronts navigable water
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Roof
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Heatilator
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Insulated Doors
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Workshop
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Porch

Schools

  • Annapolis Middle School
  • Annapolis High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 45
  • Assessor Parcel Number 020204704251860

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,098

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Icemaker, Microwave, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Entry Level Bedroom, Upgraded Countertops, Master Bath(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Insulated, Screens, Storm, Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated, Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Workshop, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Flood Lights, Underground Lawn Sprinkler, Satellite Dish
  • Road Surface Type: Black Top, Paved
  • Roof: Composite
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OGLETON
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Middle School: ANNAPOLIS
  • High School: ANNAPOLIS
  • School District Key: 121140671932
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Improvement Assessed Value: 426480.00
  • Land Assessed Value: 1215720.00
  • Lot Size Acres: 0.55
  • Lot Size Area: 23892
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23892.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170578
  • Tax Annual Amount: 17098.28
  • Assessor Parcel Number: 020204704251860
  • Tax Lot: 45
  • Tax Total Finished Sq Ft: 3180
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/28/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2011
Closed on
Sep 28, 2012
Sold by
Higham Michael E and Orders Campbell
Bought by
Wigmore Michael B and Wigmore Amy Kreiger
Seller's Agent
Pat Ogle
Long & Foster Real Estate, Inc.
Buyer's Agent
Vic Pascoe
Keller Williams Select Realtors of Annapolis
List Price
$1,950,000
Sold Price
$1,350,000
Premium/Discount to List
-$600,000
-30.77%
Current Estimated Value
$3,061,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,711,529
Avg. Annual Appreciation
5.86%
Original Mortgage
$800,000
Outstanding Balance
$569,678
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$2,254,163

Purchase Details

Closed on
Nov 29, 1999
Sold by
Duvall William L
Bought by
Higham Michael E and Higham Patricia M
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
Wigmore Michael B $1,350,000 Church Circle Title & Escrow
Higham Michael E $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wigmore Michael B $800,000
Closed Higham Michael E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $1,350,000 -20.5% $430 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
05/07/2012 05/07/12 Price Changed $1,699,000 -5.3% $541 / Sq Ft
03/05/2012 03/05/12 Price Changed $1,795,000 -7.9% $572 / Sq Ft
01/09/2012 01/09/12 For Sale $1,950,000 +44.4% $621 / Sq Ft
01/05/2012 01/05/12 Off Market $1,350,000 -- --
11/18/2011 11/18/11 For Sale $1,950,000 +44.4% $621 / Sq Ft
11/17/2011 11/17/11 Off Market $1,350,000 -- --
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 $21,091 $2,185,867 -- --
2024 $21,091 $2,353,800 $0 $0
2023 $22,111 $1,883,100 $1,351,700 $531,400
2022 $18,518 $1,772,067 $0 $0
2021 $18,774 $1,661,033 $0 $0
2020 $17,549 $1,550,000 $1,131,200 $418,800
2019 $17,574 $1,550,000 $1,131,200 $418,800
2018 $15,717 $1,550,000 $1,131,200 $418,800
2017 $16,561 $1,557,000 $0 $0
2016 -- $1,488,000 $0 $0
2015 -- $1,419,000 $0 $0
2014 -- $1,350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004641474

Bright MLS

APN: 02-047-04251860