NOT LISTED FOR SALE

12404 Salem Ln Bowie, MD 20715

Somerset Neighborhood

Estimated Value: $503,000 - $516,000

-- Bed
2 Baths
2,064 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 12404 Salem Ln, Bowie, MD 20715 and is currently estimated at $508,998, approximately $246 per square foot. 12404 Salem Ln is a home located in Prince George's County with nearby schools including Tulip Grove Elementary School, Benjamin Tasker Middle School, and Bowie High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Stoots James E and Stoots Jeanine Sheree
Bought by
Stoots Jeanine Sheree
Current Estimated Value
$508,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Outstanding Balance
$310,629
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$198,369

Purchase Details

Closed on
Jun 2, 2000
Sold by
Raimond William B
Bought by
Stoots James E and Stoots Jeanine

Purchase Details

Closed on
Aug 3, 1999
Sold by
Gould & Salem Associates
Bought by
Raimond William B

Purchase Details

Closed on
Sep 9, 1983
Sold by
Laffey Moira J
Bought by
Gould-Salem Associates
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stoots Jeanine Sheree -- Lakeside Title
Stoots Jeanine Sheree -- Lakeside Title
Stoots James E $156,000 --
Raimond William B $77,117 --
Gould-Salem Associates $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoots Jeanine Sheree $312,500
Closed Stoots Jeanine Sheree $312,500
Source: Public Records

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 $5,245 $428,300 $0 $0
2023 $5,005 $404,600 $0 $0
2022 $4,728 $380,900 $101,000 $279,900
2021 $4,463 $355,900 $0 $0
2020 $4,273 $330,900 $0 $0
2019 $4,084 $305,900 $100,500 $205,400
2018 $3,946 $295,333 $0 $0
2017 $3,833 $284,767 $0 $0
2016 -- $274,200 $0 $0
2015 -- $262,467 $0 $0
2014 $3,097 $250,733 $0 $0
Source: Public Records

Map

Maryland Prince George's County Bowie 20715 Somerset

12404 Salem Ln, Bowie, MD

This home is located at 12404 Salem Ln, Bowie, MD 20715 and is currently estimated at $508,998, approximately $246 per square foot. 12404 Salem Ln is a home located in Prince George's County with nearby schools including Tulip Grove Elementary School, Benjamin Tasker Middle School, and Bowie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes