NOT LISTED FOR SALE

10406 Fairlakes Terrace Bowie, MD 20721

Estimated Value: $513,000 - $659,000

4 Beds
2.5 Baths
4,200 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $395,000 $94 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,714/month

11 Days on Market

Highlights

  • 0.23 Acre Lot
  • 1 Fireplace
  • Kitchen Island
  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

HOME WARRANTY PROVIDED! Spacious 4BR/2.5BA, huge master suite/walk-in closet and updated kitchen on quiet cul-de-sac in sought after Lake Arbor. Fresh paint, two fireplaces, 5 ceiling fans and water softener. Large multi-level deck for entertaining and irrigation system. Close to schools, shopping and metro. PRICED TO SELL FAST!

Last Agent to Sell the Property

Dan Stein

(301) 352-0098 dan@homerundan.com Silver River Real Estate Listed on: 09/18/2018

Last Buyer's Agent

Mr. K Oyedele

(301) 437-4630 kaysells@hotmail.com Cornerstone Properties and Financial Services LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 1990

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned RR

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Schools

  • Lake Arbor Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Newbridge Plat 11 Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 17131515253

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

Year Built

Built in 1990

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-09-20
  • Federal Flood Zone: No
  • Year Built: 1990
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 4200
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 142.50
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Finished Sq Ft: 1400
  • Total Below Grade Sq Ft: 1400
  • Above Grade Finished 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
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 15.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: LAKE ARBOR

Lot Info

  • Improvement Assessed Value: 299200.00
  • Land Assessed Value: 80600.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14581996
  • Tax Annual Amount: 5117.00
  • Assessor Parcel Number: 17131515253
  • Tax Lot: 61
  • Tax Page Number: 793
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 31, 2018
Sold by
Johnson Dwight L and Johnson Arvella C
Bought by
Anagho Phillippe Awu and Anagho Sherade A
Seller's Agent
Dan Stein
Silver River Real Estate
Buyer's Agent
Mr. K Oyedele
Cornerstone Properties and Financial Services LLC
List Price
$370,000
Sold Price
$395,000
Premium/Discount to List
$25,000
6.76%
Current Estimated Value
$595,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,111
Avg. Annual Appreciation
5.95%
Original Mortgage
$387,845
Outstanding Balance
$338,224
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$256,887

Purchase Details

Closed on
Jan 31, 1990
Sold by
Ryland Group Inc
Bought by
Johnson Dwight L and Johnson Arvella C
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
Anagho Phillippe Awu $395,000 Sim Title Llc
Johnson Dwight L $229,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anagho Phillippe Awu $387,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $395,000 +6.8% $94 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $370,000 0.0% $88 / Sq Ft
08/24/2016 08/24/16 Rented $2,295 -4.2% --
08/24/2016 08/24/16 Under Contract -- -- --
08/01/2016 08/01/16 For Rent $2,395 -- --
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 $6,795 $478,800 -- --
2024 $6,795 $451,800 $0 $0
2023 $6,541 $424,800 $101,200 $323,600
2022 $6,273 $409,800 $0 $0
2021 $6,016 $394,800 $0 $0
2020 $5,906 $379,800 $80,600 $299,200
2019 $5,142 $359,067 $0 $0
2018 $5,425 $338,333 $0 $0
2017 $4,854 $317,600 $0 $0
2016 -- $299,900 $0 $0
2015 $7,215 $282,200 $0 $0
2014 $7,215 $264,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Stein

    Seller's Agent in 2018

    Dan Stein

    Silver River Real Estate

    (301) 352-0098

    59 Total Sales

    Dan Stein
    Section Image
  • Mr. K Oyedele

    Buyer's Agent in 2018

    Mr. K Oyedele

    Cornerstone Properties and Financial Services LLC

    (301) 437-4630

    1 in this area

    51 Total Sales

    Mr. K Oyedele
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002336630

Bright MLS

APN: 13-1515253

Maryland Prince George's County Bowie 20721

10406 Fairlakes Terrace, Bowie, MD

Not Listed for Sale

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