NOT LISTED FOR SALE

315 Summit Point Blvd Bowie, MD 20716

South Lake Neighborhood

Estimated Value: $572,232

3 Beds
4 Baths
2,824 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $557,500 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,961/month

166 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Solid Hardwood Flooring
  • Gourmet Kitchen
  • Contemporary Architecture
  • Terrace

About This Home

As of May 2024

$8,000 TOWARDS CLOSING ASSISTANCE * Subject to the use of one of the builder-approved lenders. Restrictions apply.

Don't miss your chance at a move-in ready townhome in Bowie's hottest community, South Lake. This is a one-of-a-kind 2,824 square foot spacious unit built by local luxury builder Mid-Atlantic Builders right next to a future recreation center equipped with a fitness room and pool overlooking a beautiful lake. In addition to the coveted pool and rec center, South Lake will feature a grocery store along with several confirmed retailers such as PJ's Coffee, Panera Bread, Sheetz, and more! It's no secret why Mid-Atlantic has been struggling to keep up with demand in the neighborhood with its stunning modern architecture and smart intentional layouts. Come with us and tour through the flexible ground floor layout perfect for an entertainment cave, a pool table, a chic living room, or a space for guests when they visit. As you walk up the stairs to the open first-floor living, dining, and kitchen area you can't help but notice that this home is the size of a single-family home, perfect for hosting family and friends or relaxing with loved ones. The upstairs has two secondary bedrooms, a convenient laundry room, and an oversized owner's suite that can comfortably fit all furniture and even a work-from-home setup. Check out the 3-D panorama tour and video tours, then contact us to set up your visit!

Last Agent to Sell the Property

John Lavery

(301) 231-0009 elyman@midatlanticbuilders.com Mid-Atlantic Builders Realty, Inc Listed on: 10/30/2023

Last Buyer's Agent

Tohmai Smith

tohmaismith@compass.com RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,906

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,160 Sq Ft Lot
  • Landscaped
  • Front Yard
  • Property is in excellent condition

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Brick Exterior Construction
  • Batts Insulation
  • Architectural Shingle Roof
  • Cement Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows
  • Dining Area
  • Efficiency Studio
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island

Flooring

  • Solid Hardwood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Terrace

Schools

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

Utilities

  • Air Filtration System
  • 90% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 60 Gallon+ High-Efficiency Water Heater

Community Details

  • Association fees include common area maintenance, lawn care front, lawn maintenance, snow removal, trash, pool(s), recreation facility, health club
  • Built by Mid-Atlantic Builders
  • Mid Atlantic Builders Community

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 17075684457
  • $800 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,906

Year Built

Built in 2023 | New Construction

Lot Details

2,160 Sq Ft Lot

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Transitional, Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2023
  • Automatically Close On Close Date: Yes
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Water Heater - High-Efficiency
  • Flooring Type: Luxury Vinyl Plank, Carpet, Solid Hardwood
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Efficiency, Dining Area, Air Filter System, Floor Plan - Open
  • Window Features: Low-E
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5648
  • Living Area Sq Ft: 2824
  • Price Per Sq Ft: 203.61
  • Above Grade Finished Sq Ft: 2824
  • Above Grade Unfinished Sq Ft: 2824
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Cement Siding, Hardiplank Type, Batts Insulation
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Rear Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Central, Energy Star Heating System, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Snow Removal, Trash, Pool(s), Recreation Facility, Health Club
  • HOA: Yes
  • Senior Community: 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

Green Features

  • Efficiency: Construction, Hvac, Lighting, Appliances

Lot Info

  • Lot Features: Landscaping, Front Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2160.00
  • Outdoor Living Structures: Terrace
  • Property Condition: Excellent
  • Zoning: LCD
  • In City Limits: No

Building Info

  • Builder Name: Mid-Atlantic Builders

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7906.00
  • Assessor Parcel Number: 17075684457
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Front Foot Fee: 800.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
May 30, 2024
Sold by
Investment Homes 4R Llc
Bought by
Glekiah Kargo
Seller's Agent
John Lavery
Mid-Atlantic Builders Realty, Inc
Buyer's Agent
Tohmai Smith
RLAH @properties
List Price
$609,990
Sold Price
$557,500
Premium/Discount to List
-$52,490
-8.61%
Views
324
Current Estimated Value
$572,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,732
Avg. Annual Appreciation
1.54%
Original Mortgage
$557,500
Interest Rate
6.86%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2023
Sold by
South Lake Partners Llc
Bought by
South Lake Partners Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glekiah Kargo $557,500 Hutton Patt Title
Glekiah Kargo $557,500 Hutton Patt Title
South Lake Partners Llc $67,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glekiah Kargo $557,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $557,500 -3.0% $197 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $574,990 -3.8% $204 / Sq Ft
01/12/2024 01/12/24 Price Changed $597,990 -2.0% $212 / Sq Ft
10/30/2023 10/30/23 For Sale $609,990 -- $216 / Sq Ft
Source: Bright MLS

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 $10,601 $671,100 $135,000 $536,100
2024 $10,601 $622,833 -- --
2023 $342 $25,000 $25,000 $0
2022 $732 $25,000 $25,000 $0
2021 $732 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2095248

Bright MLS

APN: 07-5684457

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