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162 W Lake Dr, Annapolis, MD, 21403

$2,400,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,348 SqFt
$1,022/SqFt
House
Schools Nearby

Location

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162 W Lake Dr, Annapolis$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Additional Storage Area, Detached Garage, Driveway
Garage2 spaces
Year Built1987
HeatingHeat Pump
CoolingCentral Air
FireplaceWood
ViewWater
MLS #MDAA2079614
Lot Size0.49 Acres
StatusActive
(ACTIVE)

About 162 W Lake Dr

Major price improvement on riparian waterfront in Bay Ridge. Beautifully sited, light-filled home with well-maintained deep water pier, two boat slips, views across Lake Ogleton, and easy access to the Chesapeake Bay. You will find yourself surrounded by nature in this peaceful oasis, with adjacent community-owned land enhancing the pastoral setting and providing added privacy. Features of the home include an expansive waterside deck ideal for entertaining and watching wildlife, open kitchen with stainless appliances, upper-level deck off the primary and secondary bedrooms, stone wood-burning fireplace, original hardwood floors throughout first floor, fresh interior paint, new bedroom carpeting, plenty of storage space, and a two-car garage. The first-floor office could be used as a 5th bedroom. This sought-after Annapolis waterfront community includes a 25 meter community pool with club house (available to Bay Ridge Pool Association members for a fee), a marina with 120 boat slips, pickle ball and tennis courts, beaches, woods, and trails. Neighborhood traditions include a 4th of July parade, Jamboree, and holiday party. This home has it all - space for friends and family; deep water pier with two boat slips, water, and electric; plenty of parking; the option for a main-floor bedroom; and desirable community amenities - less than 10 minutes by car from historic Annapolis and within commuting distance of DC and Baltimore. See interactive tour and floor plan. NOTE: Bay Ridge (BRCA) is a Special Tax Assessment District w requested community membership dues of $300 per year. Contact listing agent for a private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1987
  • Stories: 2
  • Living Area: 2,348 SqFt

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (410) 280-5600
  • Listing Agent: Sarah Greenlee Morse

Interior Features

Interior Information:

  • Appliances: Microwave, Stove, Refrigerator, Dryer, Washer, Dishwasher, Ice Maker, Water Softener
  • Basement: No
  • Flooring Type: Hardwood, Carpet
  • Interior: Floor Plan - Open, Primary Bath(s), Recessed Lighting, Skylight(s)
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Water

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Additional Storage Area, Detached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Annapolis High School, Public District Grades 9-12
  • Annapolis Middle School, Public District Grades 6-8
  • Georgetown East Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Bay Ridge Avenue to Farragut Avenue in Bay Ridge, left on E. Lake Drive, first left on W. Lake Drive. House on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $1,022/SqFt

Tax Information:

  • Annual Amount: $13,762
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Annapolis, MD.

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Annapolis, MD

City

Med. Sold Price

$585.6K

Med. Price/SqFt

$296

Avg. Days On Market

22

# of Sold Homes

91

162 W Lake Dr vs Annapolis

34 DAYS ON ROCKET

+12 Days

$2,400,000

+$1.8M More

$1,022/SqFt

+$725 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $725/SqFt more than other homes in Annapolis, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2079614

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (410) 280-5600
  • Listing Agent: Sarah Greenlee Morse

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$13,762$1,452,167
2020$15,322$1,357,200
2018$14,396$1,357,200
2017$14,207$1,361,500

History based on county public records data.

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$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3019338
3
/10

  • Georgetown East Elementary School

  • 111 Dogwood Rd

  • 1.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3019339
3
/10

  • Annapolis Middle School

  • 1399 Forest Dr

  • 3.02 miles

  • Public District Grades 6-8

High School

school-card-donut-3019340
3
/10

  • Annapolis High School

  • 2700 Riva Rd

  • 6.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $132,021. Residents of Annapolis, MD typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 162 W Lake Dr

What is the listing price of this property?

The listing price of 162 W Lake Dr property is $2,400,000.

What type of property is this?

The property 162 W Lake Dr is a house located in Annapolis, Maryland, 21403.

Is this property for sale now?

Active Listing: 162 W Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 162 W Lake Dr are:
Georgetown East Elementary School: GreatSchools Rating 3/10
Annapolis Middle School: GreatSchools Rating 3/10
Annapolis High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,762 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 162 W Lake Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 162 W Lake Dr is 2,348 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 162 W Lake Dr is 1987.

Rocket Homes›Maryland›Anne Arundel County›Annapolis›21403›162 W Lake Dr

This home is located at 162 W Lake Dr in Annapolis, MD and zip code 21403 in the Bay Ridge neighborhood. This 2,348 square foot home, which was built in 1987, sits on a 0.49 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $2,400,000.

Over 36 listings were sold over their listed price in March 2024 in Annapolis, MD. In the same period over 29 listings were sold below the listed price and 26 listings were sold for the listed price. The inventory of homes for sale in Annapolis, MD between February 2024 and March 2024 increased by 5.4%. In March 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $585,619.

From Rocket Homes Real Estate and based on county public records data.

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