See Home Value
$868,641*
Land - Off Market

86 E LAKE DR

ANNAPOLIS, MD 21403
bedrooms
Studio
bathrooms
0 Bath
$702,000 - $856,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Dec 17, 2021
$825,000
$800,000 by Shore United Bank Na
Mortgage Due Dec 01, 2052
Sold Nov 06, 1996
Transfer

About This Property

86 means that there is no more! And after this lot sells that will be true for Bay Ridge. So bring your builder and your imagination and own the last remaining buildable lot in Bay Ridge. at over a half-acre, (.58) this property is ready for you to build a 3,000+ square foot home. Protected deep water allows you to come and go into Annapolis in minutes. The lot has been cleared, with all proper permits and is already bulkheaded. Engineers have done much of the work for you, documents are online. The question is: Do you feel lucky? Luck is when opportunity meets preparedness. This lot is prepared, will you be lucky enough to get it? LOCATED IN AN AREA OF SOME OF BAY RIDGES FINEST HOMES - GO TAKE A LOOK - TO DELAY IS TO MISS AN OPPORTUNITY! The Bay Ridge Lifestyle is unmatched in all of Maryland! Steps to Marina, Playground, Basketball/Pickel Ball court, Kayak racks etc..., Walk to Community Pool,Beaches,Baseball/Soccer,Lacrosse Field!! Whether your a SUP enthusiast, Dog Walker, Hiker,(Trails in the BIG WOODS!), Runner, this Neighborhood has it all! ,Call LA (who Lives in the Neighborhood and is the TRUE Bay Ridge Specialist for further details
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$774
HOA Dues
$200
Year Built
1985

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold to Karen L King, Simon T King Jr $825,000
Sold to Karen L King, Simon T King Jr
Nov 26, 2021 No longer available -
No longer available
Oct 2, 2021 Listed $1,950,000
Listed
Once 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…
Sep 9, 2021 Listed $779,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,993
  • Total Building Area: 2,334
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: BAY RIDGE
  • Land Acres: 0.528
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: LT 30 SC 7 86 E LAKE DR BAY RIDGE

Ownership

  • Current Owner : KING SIMON T
  • Current Owner 2: KING KAREN L
  • Previous Owner : RILEY MICHELE ANNE EBE
  • Previous Owner 2: EBE JEAN PAUL
  • Owner Before Previous Owner: EBE DONALD CHARLES MYNARD
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 702602

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 57 10 29
  • Account Number: 04790024051
  • District: 02
  • Section: 7
  • Parcel: 02-047-90024051
  • Lot: 30
  • Latitude: 38.9424
  • Longitude: -76.4577

    Address

  • Full Address: 86 E Lake Dr
  • Address - House Number: 86
  • Street Direction: E
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 4413
  • Zip Code: 21403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: SHORE UNITED BANK NA
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $959,400
  • Market Land Value: $959,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $959,400
  • Assessed Land Value: $959,400

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875619824
  • Current Sale Price: $825,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 06, 1996
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHORE UNITED BANK NA
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$800,000 Nov 29, 2022
-
-
House
4 Beds
4 Baths
-
$799,000 Feb 3, 2023
-
-

About Annapolis Neck


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Frequently Asked Questions

When was property at 86 East Lake Drive built and last sold?
The property at 86 East Lake Drive was built in 1985 and last sold on Nov 22, 2021 for $825,000.
How much is this home worth?
The estimated value of the home located at 86 East Lake Drive is $1,969,500.
What are some comparable homes to 86 East Lake Drive?
There are currently no comparable homes to 86 East Lake Drive.

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