NOT LISTED FOR SALE

10511 Lake Arbor Way Bowie, MD 20721

Estimated Value: $621,000 - $659,000

5 Beds
3.5 Baths
2,348 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $525,000 $224 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,030/month

Highlights

  • 0.33 Acre Lot
  • 1 Fireplace
  • Breakfast Area or Nook
  • Colonial Architecture
  • Upgraded Countertops
  • Family Room Off Kitchen

About This Home

As of May 2021

Spacious Bowie/Prince Georges 5 bedroom 3 full bath Colonial home in the desirable Lake Arbor Community. Your eyes are immediately drawn to the beautiful marble floors and elegant chandelier in the foyer. Spacious owner's suite, private dining room and upgraded full bathroom in basement. Brand new beautiful spacious kitchen with pot filler over stove! Very well kept flooring throughout property. Basement also features wonderful wet bar for entertaining. Spacious bonus room in basement with spacious closet space. Walkout deck on main level and basement level! Located near all your shopping needs, restaurants, retail stores and more. Also located near the new Hospital and shopping center that will be opening very soon!!!

Last Agent to Sell the Property

Tasha Lyons

Exit Community Realty Listed on: 02/05/2021

Exit Community Realty

Last Buyer's Agent

Leonor Perez

Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Property is in very good condition
  • Property is zoned RS

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,348 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Bar
  • 1 Fireplace
  • Family Room Off Kitchen
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Largo High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Northlake At Lake Arbor HOA
  • Northlake Plat 7 Subdivision

Listing and Financial Details

  • Tax Lot 313
  • Assessor Parcel Number 17131452390

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,981

Year Built

Built in 1988

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-06
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious Bowie/Prince Georges 5 bedroom 3 full bath Colonial home in the desirable Lake Arbor Community. Your eyes are immediately drawn to the beautiful marble floors and elegant chandelier in the foyer. Spacious owner's suite, private dining room and upgraded full bathroom in basement. Brand new beautiful spacious kitchen with pot filler over stove! Very well kept flooring throughout property. Basement also features wonderful wet bar for entertaining. Spacious bonus room in basement with spacious closet space. Walkout deck on main level and basement level! Located near all your shopping needs, restaurants, retail stores and more. Also located near the new Hospital and shopping center that will be opening very soon!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Single, Refrigerator
  • Interior Amenities: Breakfast Area, Bar, Family Room Off Kitchen, Kitchen - Eat-In, Upgraded Countertops, Wet/Dry Bar
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2348
  • Living Area Sq Ft: 2348
  • Price Per Sq Ft: 227.85
  • Above Grade Finished Sq Ft: 2348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10511

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 57.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: NORTHLAKE AT LAKE ARBOR HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • High School: LARGO
  • High School Source: Listing Agent
  • School District Key: 121137599599
  • School District Source: Listing Agent
  • High School: LARGO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 257600.00
  • Land Assessed Value: 71000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14539.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14577394
  • Tax Annual Amount: 4981.00
  • Assessor Parcel Number: 17131452390
  • Tax Lot: 313
  • Tax Page Number: 505
  • Tax Total Finished Sq Ft: 2348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/03/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 5, 2021
Sold by
Richardson Joyce
Bought by
Coker Abidemi B and Coker Islammiyat Omotola
Seller's Agent
Tasha Lyons
Exit Community Realty
Buyer's Agent
Leonor Perez
Keller Williams Capital Properties
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Current Estimated Value
$633,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,160
Avg. Annual Appreciation
3.82%
Original Mortgage
$515,490
Outstanding Balance
$471,431
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$147,268

Purchase Details

Closed on
Apr 5, 1989
Sold by
Porten Sullivan
Bought by
Richardson Joyce
Source: Public Records

Range of Values:

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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
Coker Abidemi B $525,000 Jdm Title Llc
Richardson Joyce $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coker Abidemi B $23,793
Open Coker Abidemi B $41,627
Open Coker Abidemi B $515,490
Previous Owner Richardson Joyce $366,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $525,000 -1.9% $224 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $535,000 0.0% $228 / Sq Ft
03/01/2021 03/01/21 For Sale $535,000 +1.9% $228 / Sq Ft
02/27/2021 02/27/21 Off Market $525,000 -- --
02/24/2021 02/24/21 For Sale $500,000 -4.8% $213 / Sq Ft
02/05/2021 02/05/21 Off Market $525,000 -- --
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
2024 $7,193 $457,233 $0 $0
2023 $6,479 $409,200 $92,100 $317,100
2022 $6,079 $382,333 $0 $0
2021 $5,680 $355,467 $0 $0
2020 $5,281 $328,600 $71,000 $257,600
2019 $4,609 $321,867 $0 $0
2018 $5,031 $315,133 $0 $0
2017 $4,754 $308,400 $0 $0
2016 -- $293,167 $0 $0
2015 $5,238 $277,933 $0 $0
2014 $5,238 $262,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG595184

Bright MLS

APN: 13-1452390