NOT LISTED FOR SALE

59 Bay Dr Annapolis, MD 21403

Estimated Value: $3,102,000 - $4,856,000

5 Beds
6 Baths
3,724 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold December 29, 2012

Last sale price $2,675,000 $718 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $25,469/month

Highlights

  • Marina
  • Boat Dock
  • Water Access
  • Water Views
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of December 2012

AWESOME, AWESOME VIEWS OF THE BAY***LIFE DOESN'T GET ANY BETTER THAN THIS***LIVE IN THE LAP OF LUXURY IN THIS ELEGANT & EXQUISITE NINE YEAR YOUNG CUSTOM HOME DESIGNED TO CAPTURE THE VIEWS FROM MOST ROOMS***WALK ACROSS TO THE BEACH OR TAKE A SWIM IN YOUR OWN POOL***WATCH THE SUNRISES AND THE SUNSETS - YOU NEVER HAVE TO LEAVE HOME***IT'S EXCEPTIONAL***BUY A LIFE STYLE*** NON RIPARIAN WATERFRONT****

Last Agent to Sell the Property

Barb Stammer

stammer@lnf.com Long & Foster Real Estate, Inc. License #80177 Listed on: 11/16/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Linda Patterson

(443) 994-3400 linda.patterson@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,096

Year Built

  • Built in 2003

Lot Details

  • 0.48 Acre Lot
  • Home fronts navigable water
  • Back Yard Fenced
  • Landscaped
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Federal Architecture
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Atrium Doors
  • Insulated Doors
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Workshop
  • Basement Windows

Home Security

  • Monitored
  • Motion Detectors

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Lake Privileges
  • Deck
  • Gazebo
  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 6
  • Assessor Parcel Number 020204708061200
  • $243 Front Foot Fee per year

Community Details

Overview

  • No Home Owners Association
  • Built by STATE CAPITAL BUILDERS
  • Elegant Custom

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,096

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • 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: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Attic, Breakfast Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Master Bath(s), Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Window Features: Casement, Double Pane, Insulated, Screens, Skylights
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Atrium, Insulated
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Sun/Florida Room, Laundry, Loft, Mud Room, Storage Room, Utility Room, Workshop, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Sump Pump, Daylight, Partial, Full, Heated, Improved, Partially Finished, Walkout Stairs, Windows, Workshop
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Gazebo, Shed
  • Construction Materials: Shingle Siding, Wood Siding
  • Exterior Features: Outside Shower, Street Lights, Underground Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

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

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Central, Electric
  • Heating Type: Central, Forced Air, Heat Pump(s), Humidifier, Zoned
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Monitored, Motion Detectors, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Conditioner, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Club House, Common Grounds, Marina/Marina Club, Pier/Dock, Pool Mem Avail, Pool - Outdoor, Water/Lake Privileges
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 930910.00
  • Land Assessed Value: 1200270.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.48
  • Lot Size Area: 21080
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21080.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R2

Building Info

  • Builder Name: STATE CAPITAL BUILDERS

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Front Foot Fee: 243.00

Tax Info

  • Assessor Parcel Number: 15170683
  • Tax Annual Amount: 22095.66
  • Assessor Parcel Number: 020204708061200
  • Tax Lot: 6
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Bay Drive Llc
Bought by
Malek Frederic W and Malek Britlan G
Current Estimated Value
$4,293,218

Purchase Details

Listed on
Nov 16, 2012
Closed on
Dec 28, 2012
Sold by
Ward J Richard and Ward Laura D
Bought by
Bay Drive Llc
Seller's Agent
Barb Stammer
Long & Foster Real Estate, Inc.
Buyer's Agent
Linda Patterson
Long & Foster Real Estate, Inc.
List Price
$2,900,000
Sold Price
$2,675,000
Premium/Discount to List
-$225,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
May 8, 2006
Sold by
King Joan O
Bought by
Ward J Richard and Ward Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
King Joan O
Bought by
Ward J Richard and Ward Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2001
Sold by
Depew Robert G
Bought by
King Joan O

Purchase Details

Closed on
Aug 4, 1997
Sold by
Marmon Charles W
Bought by
Depew Robert G and Depew Anne
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
Malek Frederic W $3,800,000 Mid Maryland Title Co Inc
Bay Drive Llc $2,675,000 Mid Maryland Title Co Inc
Ward J Richard $2,700,000 --
Ward J Richard $2,700,000 --
King Joan O $639,000 --
Depew Robert G $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward J Richard $295,000
Previous Owner Ward J Richard $1,999,950
Previous Owner Ward J Richard $1,999,950
Closed King Joan O --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2012 12/29/12 Sold $2,675,000 -7.8% $718 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $2,900,000 -- $779 / 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 $34,355 $3,504,400 -- --
2024 $34,355 $2,964,400 $0 $0
2023 $28,119 $2,424,400 $1,336,200 $1,088,200
2022 $25,350 $2,275,133 $0 $0
2021 $47,430 $2,125,867 $0 $0
2020 $13,450 $1,976,600 $1,118,200 $858,400
2019 $13,460 $1,976,600 $1,118,200 $858,400
2018 $20,043 $1,976,600 $1,118,200 $858,400
2017 $22,211 $1,991,100 $0 $0
2016 -- $1,991,100 $0 $0
2015 -- $1,991,100 $0 $0
2014 -- $2,008,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004223740

Bright MLS

APN: 02-047-08061200