NOT LISTED FOR SALE

14224 Bowsprit Ln Unit 610 Laurel, MD 20707

Estimated Value: $227,000 - $250,000

2 Beds
1 Bath
692 Sq Ft
$227/mo HOA Fee

Last Sold September 27, 2019

Last sale price $153,000 $221 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,770/month

Highlights

  • Contemporary Architecture
  • Tennis Courts
  • Jogging Path
  • Cathedral Ceiling
  • Breakfast Area or Nook
  • Balcony

About This Home

As of September 2019

Priced nearly $20,000 under the market to add your own personal touches. Great opportunity for 1st time buyers to build equity or investor to have positive cash flow. Contemporary styled home with vaulted ceilings in living room with wood burning fire place. Lots of bright sunny windows in every room. Easy dining either at the kitchen bar or the casual dining room. Two good sized bedrooms with ample closet space.Nearly new washer and dryer installed in the unit. Have your morning coffee on your private balcony with separate storage unit. One assigned parking spot with two visitor passes. Low condo fee of $227 a month which includes tennis courts and tot lots. Easy walk to shopping at the Laurel Lakes Shopping Center.Commuters dream location with easy access to Rt 1, ICC, I-95 & 295, MARC Train and Greenbelt METRO. Cash and Conventional financing consider, No FHA financing.

Last Agent to Sell the Property

Louis Fernheimer

(240) 676-7943 louis.fernheimer@cbzhomes.com Coldwell Banker Realty License #51695 Listed on: 07/23/2019

Coldwell Banker Realty

Last Buyer's Agent

Desmond Aberdeen

(202) 528-4698 desmond.aberdeen@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1989

Lot Details

  • Property is in below average condition

HOA Fees

  • $227 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 692 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Vansville Elementary School
  • Martin Luther King Jr. Middle School
  • Laurel High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17101042936

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, recreation facility, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Commercial Management Group Condos, Phone Number (240) 568-8920
  • The Vistas 2 At Community
  • The Vistas Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,549

Year Built

Built in 1989

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator, Stove, Microwave, Garbage Disposal, Ceiling Fan
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1989
  • Remarks Public: Priced nearly $20,000 under the market to add your own personal touches. Great opportunity for 1st time buyers to build equity or investor to have positive cash flow. Contemporary styled home with vaulted ceilings in living room with wood burning fire place. Lots of bright sunny windows in every room. Easy dining either at the kitchen bar or the casual dining room. Two good sized bedrooms with ample closet space.Nearly new washer and dryer installed in the unit. Have your morning coffee on your private balcony with separate storage unit. One assigned parking spot with two visitor passes. Low condo fee of $227 a month which includes tennis courts and tot lots. Easy walk to shopping at the Laurel Lakes Shopping Center.Commuters dream location with easy access to Rt 1, ICC, I-95 & 295, MARC Train and Greenbelt METRO. Cash and Conventional financing consider, No FHA financing.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Kitchen - Galley, Window Treatments, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, Vaulted Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Laundry, Bathroom 2, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 692
  • Living Area Sq Ft: 692
  • Price Per Sq Ft: 223.84
  • Above Grade Finished Sq Ft: 692
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14224

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Secure Storage
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 227.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Commercial Management Group
  • Condo Co-Op Phone: 240-568-8920
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: VANSVILLE
  • Middle School: MARTIN LUTHER KING JR.
  • High School: LAUREL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121137599599
  • School District Source: 3rd Party
  • Elementary School: VANSVILLE
  • High School: LAUREL
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67200.00
  • Land Assessed Value: 28800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1884.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Below Average
  • Year Assessed: 2019
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14652109
  • Tax Annual Amount: 1549.00
  • Assessor Parcel Number: 17101042936
  • Tax Page Number: 587
  • Tax Total Finished Sq Ft: 692
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/27/2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 27, 2019
Sold by
Yousef Mohamed A
Bought by
Ford Aadam
Seller's Agent
Louis Fernheimer
Coldwell Banker Realty
Buyer's Agent
Desmond Aberdeen
Compass
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%
Current Estimated Value
$239,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,577
Avg. Annual Appreciation
7.44%
Original Mortgage
$137,700
Outstanding Balance
$120,653
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,848

Purchase Details

Closed on
Apr 11, 2005
Sold by
Grp Wright Way Invstmnt
Bought by
Wingate Kayla and Unit 610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 2005
Sold by
Grp Wright Way Invstmnt
Bought by
Wingate Kayla and Unit 610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 17, 2005
Sold by
Bellows Holly K
Bought by
Wright Way Invstmnt Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 7, 2005
Sold by
Bellows Holly K
Bought by
Wright Way Invstmnt Grp Llc

Purchase Details

Closed on
Aug 21, 2002
Sold by
Brandt Debra M
Bought by
Bellows Holly K and Unit 610
Source: Public Records

Range of Values:

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Average Value
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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
Ford Aadam $153,000 Prime Title Group Llc
Wingate Kayla $175,000 --
Wingate Kayla $175,000 --
Wright Way Invstmnt Grp Llc $132,000 --
Wright Way Invstmnt Grp Llc $132,000 --
Bellows Holly K $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Aadam $137,700
Closed Ford Aadam $137,700
Previous Owner Wingate Kayla $35,000
Previous Owner Wright Way Invstmnt Grp Llc $140,000
Previous Owner Wingate Kayla $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $153,000 -1.2% $221 / Sq Ft
08/13/2019 08/13/19 Price Changed $154,900 -3.1% $224 / Sq Ft
07/23/2019 07/23/19 For Sale $159,900 -- $231 / 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 $3,277 $174,733 $0 $0
2023 $2,685 $143,367 $0 $0
2022 $2,093 $112,000 $33,600 $78,400
2021 $1,984 $106,667 $0 $0
2020 $3,775 $101,333 $0 $0
2019 $1,881 $96,000 $28,800 $67,200
2018 $1,671 $89,000 $0 $0
2017 $1,430 $82,000 $0 $0
2016 -- $75,000 $0 $0
2015 $2,182 $71,667 $0 $0
2014 $2,182 $68,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG537472

Bright MLS

APN: 10-1042936