1606 Palace Ln Bowie, MD 20716
Pointer Ridge NeighborhoodEstimated Value: $439,000 - $448,000
4
Beds
2
Baths
1,512
Sq Ft
$293/Sq Ft
Est. Value
About This Home
This home is located at 1606 Palace Ln, Bowie, MD 20716 and is currently estimated at $442,338, approximately $292 per square foot. 1606 Palace Ln is a home located in Prince George's County with nearby schools including Pointer Ridge Elementary School, Benjamin Tasker Middle School, and Bowie High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2025
Sold by
Welch Joseph C
Bought by
Living Hope Incorporated
Current Estimated Value
Purchase Details
Closed on
Jun 8, 2005
Sold by
Degere Paul D
Bought by
Welch Joseph C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 12, 1997
Sold by
Velez Jose G
Bought by
Degere Paul D and Degere Terese M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Living Hope Incorporated | $440,000 | Stewart Title Guaranty Company | |
Living Hope Incorporated | $440,000 | Stewart Title Guaranty Company | |
Welch Joseph C | $165,000 | -- | |
Degere Paul D | $136,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Welch Joseph C | $57,600 | |
Previous Owner | Welch Joseph C | $225,027 | |
Previous Owner | Welch Joseph C | $32,300 | |
Previous Owner | Welch Joseph C | $37,334 | |
Previous Owner | Welch Joseph C | $100,000 | |
Previous Owner | Welch Joseph C | $132,000 | |
Previous Owner | Welch Joseph C | $33,000 |
Source: Public Records
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 | $5,679 | $331,567 | $0 | $0 |
2023 | $5,228 | $306,233 | $0 | $0 |
2022 | $4,770 | $280,900 | $101,200 | $179,700 |
2021 | $4,603 | $271,967 | $0 | $0 |
2020 | $4,443 | $263,033 | $0 | $0 |
2019 | $4,303 | $254,100 | $100,600 | $153,500 |
2018 | $4,129 | $243,133 | $0 | $0 |
2017 | $3,963 | $232,167 | $0 | $0 |
2016 | -- | $221,200 | $0 | $0 |
2015 | $3,454 | $221,200 | $0 | $0 |
2014 | $3,454 | $221,200 | $0 | $0 |
Source: Public Records
Map
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