NOT LISTED FOR SALE

10514 Lake Arbor Way Bowie, MD 20721

Lake Arbor Neighborhood

Estimated Value: $560,595 - $600,000

3 Beds
3.5 Baths
1,930 Sq Ft
$299/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $455,000 $236 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,735/month

4 Days on Market

Highlights

  • 0.18 Acre Lot
  • 2 Car Attached Garage
  • Heat Pump System
  • 1 Fireplace

About This Home

As of January 2021

***MULTIPLE OFFERS, PLEASE SUBMIT YOUR BEST & FINAL OFFER BY DEC. 14 (MONDAY) AT 5PM*** Come, appreciate and see this lovely 3 bedroom, 3.5 bath home. This is a two-level single-family home, features a master suite with tub and shower, a two-car garage for convenient off-street parking; a security system, a fenced-in backyard. Built-in 1991, this home also has a fireplace. Located in a quiet neighborhood and easily located near Washington DC with easy access to schools, shopping, and highway.

Last Listed By

Chikia Barnes

Keller Williams Preferred Properties License #643342 Listed on: 12/10/2020

Keller Williams Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1991

Lot Details

  • 7,697 Sq Ft Lot
  • Property is zoned R80

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,930 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Lake Arbor Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 17131513837

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,505

Year Built

Built in 1991

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-12-10
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: ***MULTIPLE OFFERS, PLEASE SUBMIT YOUR BEST & FINAL OFFER BY DEC. 14 (MONDAY) AT 5PM*** Come, appreciate and see this lovely 3 bedroom, 3.5 bath home. This is a two-level single-family home, features a master suite with tub and shower, a two-car garage for convenient off-street parking; a security system, a fenced-in backyard. Built-in 1991, this home also has a fireplace. Located in a quiet neighborhood and easily located near Washington DC with easy access to schools, shopping, and highway.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1930
  • Living Area Sq Ft: 1930
  • Price Per Sq Ft: 225.39
  • Above Grade Finished Sq Ft: 1930
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10514

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • 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 Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • 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: 325.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 238500.00
  • Land Assessed Value: 80300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7697.00
  • Year Assessed: 2020
  • Zoning: R80
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14581893
  • Tax Annual Amount: 4505.00
  • Assessor Parcel Number: 17131513837
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 1930
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/18/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 19, 2021
Sold by
Gibbs Danielle L and Gibbs Keenan L
Bought by
Grant Christopher Anthony and Grant Taylor Faulkner
Seller's Agent
Chikia Barnes
Keller Williams Preferred Properties
Buyer's Agent
Kashana Mark
Samson Properties
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Total Days on Market
4
Current Estimated Value
$576,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,649
Avg. Annual Appreciation
6.22%
Original Mortgage
$432,250
Outstanding Balance
$392,135
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$198,632

Purchase Details

Closed on
Oct 13, 2005
Sold by
Mair Diane Y
Bought by
Gibbs Keenan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2005
Sold by
Bancone Mortgage Corporation
Bought by
Mair Diane Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Bancone Mortgage Corporation
Bought by
Mair Diane Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1998
Sold by
Dean Peter E
Bought by
Bancone Mortgage Corporation

Purchase Details

Closed on
Apr 21, 1995
Sold by
Blake Kenneth H
Bought by
Dean Peter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
8.55%
Mortgage Type
VA

Range of Values:

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Average Value
Not Available
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
Grant Christopher Anthony $455,000 Worldwide Settlements Inc
Gibbs Keenan L $410,000 --
Mair Diane Y $320,000 --
Mair Diane Y $320,000 --
Bancone Mortgage Corporation $159,086 --
Dean Peter E $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Christopher Anthony $432,250
Previous Owner Dean Peter E $328,000
Previous Owner Dean Peter E $288,000
Previous Owner Mair Diane Y $288,000
Previous Owner Dean Peter E $198,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $455,000 0.0% $236 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/14/2020 12/14/20 Off Market $455,000 -- --
12/10/2020 12/10/20 For Sale $435,000 -- $225 / Sq Ft
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 $5,938 $406,400 $0 $0
2023 $5,649 $353,400 $100,700 $252,700
2022 $5,478 $341,867 $0 $0
2021 $5,307 $330,333 $0 $0
2020 $5,135 $318,800 $80,300 $238,500
2019 $4,363 $304,667 $0 $0
2018 $4,715 $290,533 $0 $0
2017 $4,185 $276,400 $0 $0
2016 -- $254,867 $0 $0
2015 $5,391 $233,333 $0 $0
2014 $5,391 $211,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG590668

Bright MLS

APN: 13-1513837