$413,315 - $450,000
RENTED JAN 23, 2025

3240 Scarlet Oak Terrace Bowie, MD 20715

4 Beds
8 Baths
1,450 Sq Ft
$295 Price per Sq Ft

Last Sold June 04, 2015

Last sale price $238,000 $164 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,876/month

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System
  • 1 Fireplace

About This Home

As of January 2025

This home is located at 3240 Scarlet Oak Terrace, Bowie, MD 20715 since 01 November 2024 and is currently priced at $428,329. This property was built in 1992. 3240 Scarlet Oak Terrace is a home located in Prince George's County with nearby schools including Tulip Grove Elementary School, Benjamin Tasker Middle School, and Bowie High School.

Last Agent to Rent the Property

Shaun Miller

The Home Team Realty Group, LLC Listed on: 11/01/2024

The Home Team Realty Group, LLC

Last Renter's Agent

Lanre Olaleye

EXP Realty, LLC License #5018153

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1992

Lot Details

  • 1,600 Sq Ft Lot

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,200
  • Tenant pays for cable TV, exterior maintenance, lawn/tree/shrub care, all utilities, insurance, snow removal
  • Rent includes hoa/condo fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/24
  • $50 Application Fee
  • Assessor Parcel Number 17070727693

Community Details

Overview

  • Bowie Forest Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,969

Year Built

Built in 1992

Lot Details

0

HOA Fees

$105 per month

Rental Info

  • Date Available: 2024-11-01
  • Application Fee: 50.00
  • Owner Pays: None
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee
  • Security Deposit: 3200.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Exterior Maintenance, Lawn/Tree/Shrub Care, Utilities - All, Insurance, Snow Removal
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-11-08
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2170
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 2.34
  • Above Grade Finished Sq Ft: 1450
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3240

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 5
  • Main Level Bathrooms: 5.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: TH
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Zoning: RSFA

Tax Info

  • Assessor Parcel Number: 17070727693
  • Tax Total Finished Sq Ft: 1450
  • Close Date: 01/23/2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jun 4, 2015
Sold by
Ojiaku Ifeyinwa I and Onowu Obiora N
Bought by
Fon Steve
Seller's Agent
Demeji Awe-Johnson
Keller Williams Preferred Properties
Buyer's Agent
Ezekiel Samuel
Samson Properties
List Price
$250,000
Sold Price
$238,000
Premium/Discount to List
-$12,000
-4.8%
Current Estimated Value
$430,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,338
Avg. Annual Appreciation
5.85%
Original Mortgage
$233,689
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2003
Sold by
Moore John M
Bought by
Ojiaku Ifeyinwa I and Onowu Obiora N

Purchase Details

Closed on
Jun 15, 1992
Sold by
Bowie Forest Inc
Bought by
Moore John M and Moore Laura H
Source: Public Records

Range of Values:

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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
Fon Steve $238,000 North American Title Ins Co
Ojiaku Ifeyinwa I $213,000 --
Moore John M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fon Steve $179,170
Closed Fon Steve $19,509
Closed Fon Steve $241,152
Previous Owner Fon Steve $233,689
Previous Owner Ojiaku Ifeyinwa I $340,814
Previous Owner Ojiaku Ifeyinwa I $79,069
Previous Owner Ojiaku Ifeyinwa I $48,878
Previous Owner Gjiaku Ifeyinwa I $17,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Rented $3,071 -9.7% --
12/11/2024 12/11/24 Under Contract -- -- --
11/01/2024 11/01/24 For Rent $3,400 0.0% --
06/04/2015 06/04/15 Sold $238,000 +5.8% $164 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $225,000 -10.0% $155 / Sq Ft
11/04/2014 11/04/14 For Sale $250,000 -- $172 / 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 $4,969 $321,867 $0 $0
2023 $4,740 $301,833 $0 $0
2022 $4,467 $281,800 $75,000 $206,800
2021 $4,250 $269,367 $0 $0
2020 $4,117 $256,933 $0 $0
2019 $3,985 $244,500 $75,000 $169,500
2018 $3,851 $234,000 $0 $0
2017 $3,744 $223,500 $0 $0
2016 -- $213,000 $0 $0
2015 $3,331 $209,633 $0 $0
2014 $3,331 $206,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shaun Miller

    Landlord's Agent in 2025

    Shaun Miller

    The Home Team Realty Group, LLC

    (202) 450-9405

    6 Total Sales

    Section Image

  • L

    Tenant's Agent in 2025

    Lanre Olaleye

    EXP Realty, LLC

    2 Total Sales

    Section Image
  • Demeji Awe-Johnson

    Seller's Agent in 2015

    Demeji Awe-Johnson

    Keller Williams Preferred Properties

    (301) 537-6520

    54 Total Sales

    Section Image
  • Ezekiel Samuel

    Buyer's Agent in 2015

    Ezekiel Samuel

    Samson Properties

    (301) 980-8337

    29 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG2130052

Bright MLS

APN: 07-0727693

Maryland Prince George's County Bowie 20715

3240 Scarlet Oak Terrace, Bowie, MD

This home is located at 3240 Scarlet Oak Terrace, Bowie, MD 20715 since 01 November 2024 and is currently priced at $428,329. This property was built in 1992. 3240 Scarlet Oak Terrace is a home located in Prince George's County with nearby schools including Tulip Grove Elementary School, Benjamin Tasker Middle School, and Bowie High School.

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