NOT LISTED FOR SALE

81 Bay Dr Annapolis, MD 21403

Estimated Value: $2,741,000 - $2,896,000

4 Beds
2.5 Baths
2,360 Sq Ft
$1,185/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $1,625,000 $689 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $15,745/month

22 Days on Market

Highlights

  • Home fronts navigable water
  • Private Pool
  • Gourmet Kitchen
  • Water Access
  • Bay View
  • Open Floorplan

About This Home

As of June 2012

Built in 1927, this is one of Bay Ridge's original classic homes. Breathtaking views of the Chesapeake Bay and fabulous community amenities make this a one of a kind. This home has been restored in the finest tradition, without losing the comfort and casual living of a Bay Ridge beach home. Features: 4 bdrms, 2.5 baths, gourmet kitchen, in-ground pool, NEW gar/pool house w/ hvac, complete this gem

Last Agent to Sell the Property

Bo Moran

(410) 353-0778 bmoran@cbmove.com Coldwell Banker Realty License #26809 Listed on: 04/24/2012

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Chino

(410) 941-7009 jennifer.chino@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,954

Year Built

  • Built in 1926

Lot Details

  • 8,500 Sq Ft Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Wood Burning Stove
  • Screen For Fireplace
  • Fireplace Mantel
  • Sitting Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Private Pool
  • Water Access
  • Office or Studio

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Ridge Subdivision, Fabulous! Floorplan

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020204703085600

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,954

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • 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: 1926
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Built-Ins, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures List: Office/Studio
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water, Bay
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Parking Space Number Assigned: 1
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, On Street, Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 180430.00
  • Land Assessed Value: 1056250.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8500.00
  • Property Condition: Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15170533
  • Tax Annual Amount: 12953.87
  • Assessor Parcel Number: 020204703085600
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 29, 2012
Sold by
Cosper George W and Cosper Laura A
Bought by
Moore Jennifer W
Seller's Agent
Bo Moran
Coldwell Banker Realty
Buyer's Agent
Jennifer Chino
Compass
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%
Current Estimated Value
$2,752,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,689
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,300,000
Outstanding Balance
$895,245
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,900,338

Purchase Details

Closed on
Nov 10, 2011
Sold by
Rustgi Vinod K and Rustgi Eileen B
Bought by
Cosper George W and Cosper Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2003
Sold by
Baragar Emory W
Bought by
Rustgi Vinod K and Rustgi Eileen B

Purchase Details

Closed on
Sep 26, 2002
Sold by
Alt John D
Bought by
Baragar Emory W and Trippett Lillian M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Moore Jennifer W $1,625,000 Church Circle Title And Escr
Cosper George W $1,420,405 Homeland Title & Escrow Ltd
Rustgi Vinod K $1,400,000 --
Baragar Emory W $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jennifer W $1,300,000
Previous Owner Cosper George W $494,500
Closed Baragar Emory W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $1,625,000 -4.1% $689 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $1,695,000 -- $718 / 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 $17,930 $2,486,133 -- --
2024 $17,930 $2,076,167 $0 $0
2023 $17,169 $1,666,200 $1,195,100 $471,100
2022 $16,210 $1,551,233 $0 $0
2020 $15,115 $1,321,300 $982,800 $338,500
2019 $29,847 $1,321,300 $982,800 $338,500
2018 $13,398 $1,321,300 $982,800 $338,500
2017 $14,392 $1,328,200 $0 $0
2016 -- $1,295,633 $0 $0
2015 -- $1,263,067 $0 $0
2014 -- $1,230,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003944876

Bright MLS

APN: 02-047-03085600