NOT LISTED FOR SALE

3062 New Oak Ln Bowie, MD 20716

Estimated Value: $337,000 - $361,000

3 Beds
1.5 Baths
1,120 Sq Ft
$312/Sq Ft Est. Value

Last Sold January 01, 2016

Last sale price $168,000 $150 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,321/month

209 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • Living Room

About This Home

As of January 2016

Great starter Townhome that needs a little TLC. 3 Generous size bedrooms, 1.5 Bath, with a completely finished basement. This is a Short Sale Listing with one back. Home may not pass FHA. property condition guidelines. A little work and its back to is original glory.

Last Agent to Sell the Property

Jacqueline Coleman

Brysis Realty International License #523073 Listed on: 04/15/2015

Last Buyer's Agent

Jose Fuentes

Fairfax Realty Select

Fairfax Realty Select

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1984

Lot Details

  • 2,250 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Schools

  • Northview Elementary School
  • Benjamin Tasker Middle School
  • Bowie High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Mitchellville Townhouses Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 17070788737

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,816

Year Built

Built in 1984

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1984
  • Remarks Public: Great starter Townhome that needs a little TLC. 3 Generous size bedrooms, 1.5 Bath, with a completely finished basement. This is a Short Sale Listing with one back. Home may not pass FHA. property condition guidelines. A little work and its back to is original glory.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Room List: Living Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 3062

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Pool Private: 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

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTHVIEW
  • Middle School: BENJAMIN TASKER
  • High School: BOWIE
  • School District Key: 121137599599
  • Elementary School: NORTHVIEW
  • High School: BOWIE
  • Middle Or Junior School: BENJAMIN TASKER

Lot Info

  • Improvement Assessed Value: 93900.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14527765
  • Tax Annual Amount: 2816.20
  • Assessor Parcel Number: 17070788737
  • Tax Lot: 89
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/01/2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jan 15, 2016
Sold by
Sowande Olufunmilayo
Bought by
Rager Patrick M
Seller's Agent
Jacqueline Coleman
Brysis Realty International
Buyer's Agent
Jose Fuentes
Fairfax Realty Select
List Price
$178,000
Sold Price
$168,000
Premium/Discount to List
-$10,000
-5.62%
Total Days on Market
209
Current Estimated Value
$349,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,527
Avg. Annual Appreciation
8.06%
Original Mortgage
$134,400
Outstanding Balance
$108,340
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$241,187

Purchase Details

Closed on
Jun 8, 2006
Sold by
Skipper Regina M
Bought by
Sowande Afolabi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 5, 2006
Sold by
Skipper Regina M
Bought by
Sowande Afolabi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2001
Sold by
Macmannis James M
Bought by
Skipper Regina M
Source: Public Records

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Range of Values:

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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
Rager Patrick M $168,000 Fatico
Sowande Afolabi $290,000 --
Sowande Afolabi $290,000 --
Skipper Regina M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rager Patrick $40,000
Open Rager Patrick M $134,400
Previous Owner Sowande Afolabi $58,000
Previous Owner Sowande Afolabi $58,000
Previous Owner Skipper Regina Mae $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2016 01/01/16 Sold $168,000 0.0% $150 / Sq Ft
01/01/2016 01/01/16 Off Market $168,000 -- --
11/10/2015 11/10/15 Pending -- -- --
08/04/2015 08/04/15 Price Changed $175,000 +16.7% $156 / Sq Ft
07/06/2015 07/06/15 Price Changed $150,000 -15.7% $134 / Sq Ft
06/01/2015 06/01/15 Price Changed $178,000 0.0% $159 / Sq Ft
06/01/2015 06/01/15 For Sale $178,000 +6.0% $159 / Sq Ft
04/17/2015 04/17/15 Off Market $168,000 -- --
04/16/2015 04/16/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $150,000 -- $134 / 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 $3,924 $262,533 $0 $0
2023 $3,713 $234,667 $0 $0
2022 $3,475 $206,800 $75,000 $131,800
2021 $3,346 $202,500 $0 $0
2020 $3,279 $198,200 $0 $0
2019 $3,227 $193,900 $75,000 $118,900
2018 $3,119 $185,567 $0 $0
2017 $2,783 $177,233 $0 $0
2016 -- $168,900 $0 $0
2015 $2,896 $168,900 $0 $0
2014 $2,896 $168,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001043331

Bright MLS

APN: 07-0788737