NOT LISTED FOR SALE

1500-17 Payson Way Bowie, MD 20721

Estimated Value: $734,000 - $1,572,000

8.01 Acres
$128,548 Price per Acre
348,916 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $299,999

Est. 243% increase in value since last sale

Current estimated payment $5,466/month

393 Days on Market

About This Lot

As of September 2020

15 recorded paper lots and two outlots with separate tax bill for each. See details in additional parcels section. Have details

Last Agent to Sell the Property

Nick Rowan

(443) 824-1764 nick@trademarkrealtymd.com Trademark Realty, Inc License #677232 Listed on: 08/09/2019

Last Buyer's Agent

Oludotun Dawodu

(202) 439-5336 info@2407homes.com Keller Williams Preferred Properties License #0577078

Keller Williams Preferred Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,329

Lot Details

  • 8.01 Acre Lot
  • 17 Lots in the community
  • Addresses are 1500,1501,1503,1505,1507,1509,1601,1603,1605,1607,1701,1705,1706,1707,1709 Payson and two outlots
  • Property is zoned RR, Rural Residential

Schools

  • Pointer Ridge Elementary School
  • Benjamin Tasker Middle School
  • Bowie High School

Utilities

  • Water Source Within 50 Feet
  • Sewer Within 50 Feet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1-10
  • Assessor Parcel Number 3878345+

Property Details

Property Type

Land

Est. Annual Taxes

$3,329

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.86

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Within 50 Ft
  • Water Source: Within 50 Ft

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POINTER RIDGE
  • High School: BOWIE
  • Middle Or Junior School: BENJAMIN TASKER

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Addresses are 1500,1501,1503,1505,1507,1509,1601,1603,1605,1607,1701,1705,1706,1707,1709 Payson and two outlots
  • Lot Count: 17
  • Lot Size Acres: 8.01
  • Lot Dimensions: 20,000+
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 348901.00
  • Possible Use: Development, Land/Lot Only, Residential
  • Zoning: RR
  • Zoning Description: Rural Residential
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3329.00
  • Assessor Parcel Number: 3878345+
  • Tax Lot: 1-10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Bcs Concepts Llc
Bought by
Dailey Jason and Dailey Candi
Current Estimated Value
$1,029,667

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 24, 2020
Sold by
Bcs Concepts Llc
Bought by
Dailey Jason and Dailey Candi
Seller's Agent
Nick Rowan
Trademark Realty, Inc
Buyer's Agent
Oludotun Dawodu
Keller Williams Preferred Properties
List Price
$299,999
Sold Price
$299,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%
Original Mortgage
$149,999
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2014
Sold by
Snider Nancy J
Bought by
Bcs Concepts Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dailey Jason -- Smart Settlements Llc
Dailey Jason $299,999 Smart Settlements Llc
Bcs Concepts Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dailey Jason $149,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $299,999 0.0% --
09/05/2020 09/05/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $299,999 0.0% --
03/10/2020 03/10/20 For Sale $299,999 -11.8% --
12/16/2019 12/16/19 Pending -- -- --
11/23/2019 11/23/19 Price Changed $340,000 -9.3% --
09/25/2019 09/25/19 Price Changed $375,000 -16.7% --
08/09/2019 08/09/19 For Sale $450,000 -- --
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
2025 $538 $31,600 $31,600 --
2024 $538 $31,600 $31,600 $0
2023 $536 $31,600 $31,600 $0
2022 $533 $31,600 $31,600 $0
2021 $484 $28,833 $0 $0
2020 $437 $26,067 $0 $0
2019 $391 $23,300 $23,300 $0
2018 $392 $23,300 $23,300 $0
2017 $396 $23,300 $0 $0
2016 -- $23,300 $0 $0
2015 $379 $23,300 $0 $0
2014 $379 $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG539188

Bright MLS

APN: 07-3878345