Seller's Agent in 2021
Gary Schneider
Long & Foster
(443) 370-7505
26 in this area
90 Total Sales
86 E Lake Dr Annapolis, MD 21403
Estimated Value: $3,041,000 - $3,425,637
5
Beds
4.5
Baths
3,465
Sq Ft
$948/Sq Ft
Est. Value
Highlights
- 60 Feet of Waterfront
- Boat Ramp
- New Construction
- Marina
- Access to Tidal Water
- Fishing Allowed
About This Home
As of November 2021Once in a lifetime opportunity to build a new home in the coveted neighborhood of Bay Ridge. This home has it all, Hardi plank siding, pier permit, screened-in porch, detailed molding package, lots of glass, 9-foot ceilings, gourmet kitchen with upgraded appliances, 42-inch shaker cabinets, wide plank floors, ability to add a pool or a detached garage with additional living space above. Bay Ridge is one of the premier neighborhoods in Annapolis and has a community pool, beach, and marina. There is still time to customize and make this home exactly what you have been looking for. You can be just steps away from your private pier on a protected harbor just minutes from the Chesapeake Bay. The permit is approved and the lot is cleared and ready to go. Co/Perm financing required and $10,000 in free upgrades when you use the builder's lender and title. Contact the listing agent to set up a time to walk the lot.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,287
Year Built
- Built in 2022 | New Construction
Lot Details
- 0.53 Acre Lot
- 60 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Property is in excellent condition
- Property is zoned R2
HOA Fees
- $17 Monthly HOA Fees
Property Views
- Bay
- Creek or Stream
Home Design
- Craftsman Architecture
- Cement Siding
Interior Spaces
- 3,465 Sq Ft Home
- Property has 2 Levels
- Gas Fireplace
- Mud Room
- Family Room
- Dining Room
- Den
- Crawl Space
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on upper level
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Swimming Allowed
- Powered Boats Permitted
- Lake Privileges
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020204790024051
Community Details
Overview
- Association fees include common area maintenance
- Bay Ridge Subdivision
Amenities
- Common Area
- Clubhouse
- Community Center
- Meeting Room
- Party Room
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- 1 Community Docks
- Mooring Area
- Marina
- Beach
- Baseball Field
- Community Basketball Court
- Community Playground
- Community Pool
- Pool Membership Available
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2021
Closed on
Nov 22, 2021
Sold by
Riley Michele Anne Ebe and Ebe Jean Paul
Bought by
King Simon T and King Karen L
Seller's Agent
Colleen Smith
EXP Realty, LLC
Buyer's Agent
Tommy Eicher
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$2,200,000
Premium/Discount to List
$250,000
12.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,879
Avg. Annual Appreciation
9.65%
Original Mortgage
$800,000
Outstanding Balance
$748,118
Interest Rate
3.37%
Mortgage Type
Construction
Estimated Equity
$2,374,097
Purchase Details
Closed on
Nov 6, 1996
Sold by
Ebe Donald Charles Mynard
Bought by
Ebe Jean Paul Stanford and Ebe Michele Anne Allegra
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Simon T | $825,000 | Freestate Ttl Svcs Of Annapo | |
| Ebe Jean Paul Stanford | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Simon T | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $2,200,000 | +166.7% | $635 / Sq Ft |
| 11/24/2021 11/24/21 | Sold | $825,000 | -57.7% | -- |
| 10/02/2021 10/02/21 | For Sale | $1,950,000 | +150.3% | $563 / Sq Ft |
| 09/09/2021 09/09/21 | For Sale | $779,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $23,861 | $2,453,200 | -- | -- |
| 2024 | $23,861 | $2,629,133 | $0 | $0 |
| 2023 | $11,478 | $959,400 | $959,400 | $0 |
| 2022 | $10,384 | $907,733 | $0 | $0 |
| 2021 | $9,787 | $856,067 | $0 | $0 |
| 2020 | $9,228 | $804,400 | $804,400 | $0 |
| 2019 | $9,223 | $804,400 | $804,400 | $0 |
| 2018 | $8,157 | $804,400 | $804,400 | $0 |
| 2017 | $9,039 | $807,400 | $0 | $0 |
| 2016 | -- | $807,400 | $0 | $0 |
| 2015 | -- | $807,400 | $0 | $0 |
| 2014 | -- | $864,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Schneider
-
Colleen Smith
Seller's Agent in 2021
Colleen Smith
EXP Realty, LLC
(443) 995-2409
15 in this area
234 Total Sales
-
Amy Juras
Seller Co-Listing Agent in 2021
Amy Juras
Long & Foster
(410) 353-2123
5 in this area
81 Total Sales
-
Tommy Eicher
Buyer's Agent in 2021
Tommy Eicher
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 212-3383
4 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2011872
APN: 02-047-90024051
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