NOT LISTED FOR SALE

84 E Lake Dr Annapolis, MD 21403

Estimated Value: $2,481,000 - $3,318,000

3 Beds
4 Baths
3,147 Sq Ft
$934/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $1,300,000 $413 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $16,593/month

401 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • Bay View
  • Primary bedroom faces the bay
  • Indoor Pool
  • Open Floorplan

About This Home

As of September 2020

84 East Lake Drive is a fantastic Bay Ridge waterfront home situated on a .65 acre lot overlooking Lake Ogleton. The private pier has deep water, a boat lift, and provides quick access to the Severn River and Chesapeake Bay. The gorgeous setting boasts a level waterside yard, mature landscaping, and several outdoor entertaining options. The separate oversized two-car detached garage offers ample storage space in addition to the one-car attached garage. The indoor pool, sauna, and wine storage room complete this waterfront oasis. As you step inside the foyer you notice the marble floors and wood-paneled soaring ceiling. Up a few stairs and into the spacious living room there is an abundance of natural light and a great open floor plan. Through the living room is the formal dining room with hardwood floors. The dining room is large enough to handle a table for 10. The water view kitchen is the heart of the home with granite counters, center island with cooktop, breakfast bar, and built-in custom desk. There is room for casual dining on the waterside of the kitchen, and a sliding glass door opens to one of two waterside decks. There is a powder room on this level as well.Upstairs there is a gorgeous master bedroom suite with all the bells and whistles. Wake up with views of the water, relax by the gas fireplace in the colder months, or take a relaxing spa-like bath in the jetted-hydro system tub. There are two closets -- one is a walk-in -- and two separate sink vanities. A sliding glass door opens to a waterside deck. Two additional bedrooms are on this level; they share a bathroom. The walk-out, lower level of this home includes a family room with a brick-surround, wood-burning fireplace and a sliding glass door that opens to a three-season porch. Your friends will never want to leave the indoor pool and sauna, and they will be impressed with the ample wine cellar. There is also a powder room and storage utility room. The owner installed solar panels which provide almost all required electricity over the course of the year, with excess capacity being sold back to BGE! The home has a back-up, automatic generator that runs most of the electric needs if the power goes out, and there is an irrigation system in both the front and back yards.Bay Ridge is one of the most sought-after communities in Annapolis. There is a swimming pool (by membership) and clubhouse overlooking the Chesapeake Bay, as well as a boat ramp, playground, large marina, and a lot of beach access.

Last Agent to Sell the Property

Charlie Buckley

(410) 266-6880 charlie@waterfronthomes.org Long & Foster Real Estate, Inc. Listed on: 06/07/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Pier Butler

(443) 254-0418 info@pierbutler.com Curtis Real Estate Company License #663447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,686

Year Built

  • Built in 1988

Lot Details

  • 0.65 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Garage Spaces | 1 Direct Access and 2 Detached
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,147 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Wine Rack
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer

Outdoor Features

  • Indoor Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Sail
  • Private Dock Site
  • Powered Boats Permitted

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater

Community Details

  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 020204790024050

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,686

Year Built

Built in 1988

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Single, Water Heater, Trash Compactor, Refrigerator
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Bay Front, Recessed Lighting, Skylight(s), Walk-In Closet(s), Wine Storage, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3147
  • Living Area Sq Ft: 3147
  • Price Per Sq Ft: 428.66
  • Above Grade Finished Sq Ft: 3147
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stone, Brick
  • Exterior Features: Extensive Hardscape
  • Pool Features: Indoor
  • View: Water, Bay
  • Water Access Features: Boat - Powered, Canoe/Kayak, Private Access, Sail
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Inside Access, Oversized, Additional Storage Area
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 451000.00
  • Land Assessed Value: 1120100.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28513.00
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15170881
  • Tax Annual Amount: 16686.00
  • Assessor Parcel Number: 020204790024050
  • Tax Lot: 31
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Waterfront Features: 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
Jun 7, 2019
Closed on
Sep 10, 2020
Sold by
Latimer Harry E
Bought by
Morris Barry and Morris Ellen
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Pier Butler
Curtis Real Estate Company
List Price
$1,795,000
Sold Price
$1,300,000
Premium/Discount to List
-$495,000
-27.58%
Current Estimated Value
$2,939,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,208
Avg. Annual Appreciation
16.44%
Original Mortgage
$1,040,000
Outstanding Balance
$922,931
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,016,277

Purchase Details

Closed on
Oct 11, 1990
Sold by
Lovell Malcolm
Bought by
Latimer Harry E and Latimer Francine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
10.08%
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
Morris Barry $1,300,000 Mid Maryland Title Co Inc
Latimer Harry E $639,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Barry $1,040,000
Previous Owner Latimer Harry E $479,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $1,300,000 -3.6% $413 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $1,349,000 -15.4% $429 / Sq Ft
09/30/2019 09/30/19 Price Changed $1,595,000 -11.1% $507 / Sq Ft
06/07/2019 06/07/19 For Sale $1,795,000 -- $570 / 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 $16,357 $2,688,533 -- --
2024 $16,357 $1,994,267 $0 $0
2023 $15,639 $1,300,000 $739,000 $561,000
2022 $14,984 $1,300,000 $739,000 $561,000
2020 $11,648 $1,571,100 $1,120,100 $451,000
2019 $22,984 $1,565,300 $0 $0
2018 $15,813 $1,559,500 $0 $0
2017 $10,771 $1,553,700 $0 $0
2016 -- $1,553,700 $0 $0
2015 -- $1,553,700 $0 $0
2014 -- $1,631,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA402872

Bright MLS

APN: 02-047-90024050