Seller's Agent in 2023
Bill Franklin
Long & Foster
(301) 346-5690
5 in this area
390 Total Sales
1506 Palisades Ct Bowie, MD 20716
Pointer Ridge NeighborhoodEstimated Value: $503,000 - $582,000
4
Beds
2.5
Baths
2,052
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Backs to Trees or Woods
- No HOA
- Colonial Architecture
- 1 Fireplace
- Cul-De-Sac
About This Home
As of February 2023Home is where the heart is; and this one will warm your heart! Spacious Colonial nicely sited in the Pointer Ridge community offering 4 bedrooms, 2 full and 1 half bathrooms, formal living room with fireplace, formal dining room, redone family room and kitchen with breakfast area, master bedroom with private ensuite bath, large almost half acre lot backing to mature trees, and so much more!!! Great family neighborhood located on a quiet cul-de-sac where kids can play games, skate, and ride bikes without the worry of traffic! Close to the Pointer Ridge pool, Southside fitness center and the playground on Pittsfield Lane.
Recent updates to the home include: a new 50-year hurricane resistant roof with architectural shingles, Trane furnace and air conditioner, water heater, refrigerator, dishwasher, all windows, all doors (including garage), resurfaced driveway; plus, a remodeled kitchen, family room, all bathrooms, master bedroom, and freshly painted master bath.
Last Agent to Sell the Property
(301) 346-5690 bill.franklin@lnf.com Long & Foster Real Estate, Inc. Listed on: 10/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,842
Year Built
- Built in 1970
Lot Details
- 0.49 Acre Lot
- Cul-De-Sac
- Backs to Trees or Woods
- Property is zoned RR
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- 2,052 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Views of Woods
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Pointer Ridge Subdivision
Listing and Financial Details
- Tax Lot 65
- Assessor Parcel Number 17070800243
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2022
Closed on
Feb 23, 2023
Sold by
Reeves Richard L
Bought by
Rhea Melissa and Chatham Jeni B
Seller's Agent
Bill Franklin
Long & Foster Real Estate, Inc.
Buyer's Agent
Danna Thomas
Samson Properties
List Price
$499,999
Sold Price
$469,999
Premium/Discount to List
-$30,000
-6%
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,183
Avg. Annual Appreciation
4.61%
Original Mortgage
$455,899
Outstanding Balance
$441,124
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$88,058
Purchase Details
Closed on
Feb 8, 1993
Sold by
Purcell Joseph R and Purcell Judith A
Bought by
Reeves Richard L and Reeves Susan A
Purchase Details
Closed on
Jul 16, 1970
Sold by
Levitt & Sons Inc
Bought by
Purcell Joseph R and Purcell Judith A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rhea Melissa | $469,999 | Lakeside Title | |
| Reeves Richard L | $148,000 | -- | |
| Purcell Joseph R | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rhea Melissa | $455,899 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $469,999 | 0.0% | $229 / Sq Ft |
| 01/25/2023 01/25/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | Price Changed | $469,999 | -6.0% | $229 / Sq Ft |
| 10/21/2022 10/21/22 | For Sale | $499,999 | -- | $244 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,886 | $402,500 | $0 | $0 |
| 2023 | $6,369 | $373,500 | $0 | $0 |
| 2022 | $4,781 | $344,500 | $103,400 | $241,100 |
| 2021 | $4,540 | $327,500 | $0 | $0 |
| 2020 | $4,378 | $310,500 | $0 | $0 |
| 2019 | $4,220 | $293,500 | $101,700 | $191,800 |
| 2018 | $4,101 | $284,400 | $0 | $0 |
| 2017 | $4,006 | $275,300 | $0 | $0 |
| 2016 | -- | $266,200 | $0 | $0 |
| 2015 | -- | $261,600 | $0 | $0 |
| 2014 | $3,325 | $257,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Franklin
-
Danna Thomas
Buyer's Agent in 2023
Danna Thomas
Samson Properties
(410) 207-4009
1 in this area
6 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2060382
APN: 07-0800243
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