Estimated payment $2,304/month
Total Views
17,713
2
Beds
2
Baths
1,354
Sq Ft
$247
Price per Sq Ft
Highlights
- Hot Property
- 1 Fireplace
- Breakfast Room
- Open Floorplan
- Community Pool
- Community Playground
About This Home
Your search ends here with this sunlit, 2nd - floor Covington Condominium offering 2 bedrooms, 2 full baths, and 1,354 sq ft of open-plan living. Enter into an inviting great room anchored by a gas fireplace and luxury vinyl plank floors that flow seamlessly into a chef-ready kitchen appointed with granite counters, breakfast bar seating, stainless-steel appliances, and a walk-in pantry. Unwind on your private balcony overlooking mature trees or retreat to the spacious primary suite complete with a walk-in closet and ensuite bath featuring a soaking tub and separate glass-door shower. Laundry hookups in-unit add everyday convenience, while one assigned parking space plus guest permits ensure hassle-free arrivals.
Community and Area Amenities
Secured building with outdoor community pool and tot lot/playground.
Walking distance to two scenic lakes, ideal for morning strolls or weekend picnics.
Just 0.9 mi to Collington Plaza and Mill Branch Shopping Center, and roughly 1 mi to Bowie Town Center’s dining, retail, and entertainment options.
Minutes to Bowie State University and easy access to Bowie State MARC station for effortless commutes to Washington, D.C., with Baltimore/Washington International (BWI) and Reagan National Airports both within 23–24 mi.
Top-rated Prince George’s County public schools, parks, bike trails, and recreation centers all within a short drive.
Rental Market Analysis for Investors
The Bowie, MD rental market remains robust and investor-friendly:
Average rent across all unit types in Bowie sits at $2,800/month as of late August 2025, down just $95 from last year, reflecting stable demand and a “warm” market temperature.
Two-bedroom, two-bath condos in this complex typically command $2,200/month in gross rent, with water included in the HOA fee, translating to approximately
2,200
⋅
12
335,000
≈
0.079
or a 7.9% gross rent yield.
Vacancy rates in Bowie have historically trended low thanks to strong job growth, excellent schools, and proximity to federal, tech, and healthcare employers—an outlook expected to continue into 2025.
Renters value the walkable shopping, nearby lakes, and community pool access offered here, helping maintain occupancy and reduce turnover costs.
Key Investor Takeaways
Steady average rents and high gross yields in the 7–8% range.
Low vacancies driven by Bowie’s employment centers and quality-of-life amenities.
Water, exterior maintenance, snow removal, trash, and common-area utilities covered by HOA, simplifying expense management.
Potential to boost net returns through targeted upgrades (e.g., refreshed kitchen hardware, smart-home thermostats) thanks to strong rental demand.
Listing Agent
(443) 218-2008 vic@lnf.com Long & Foster Real Estate, Inc. License #681008 Listed on: 09/11/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,761
Year Built
- Built in 1999
HOA Fees
- $305 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Vinyl Siding
- Masonry
Interior Spaces
- 1,354 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- 1 Fireplace
- Family Room
- Breakfast Room
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Front Loading Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Lighted Parking
- On-Street Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Water Heater
- Natural Gas Water Heater
Additional Features
- More Than Two Accessible Exits
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 17073238292
Community Details
Overview
- Association fees include all ground fee
- Low-Rise Condominium
- Covington Condo Community
- Covington Condominiums Subdivision
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,772 | $219,533 | $0 | $0 |
| 2023 | $3,438 | $200,667 | $0 | $0 |
| 2022 | $2,483 | $181,800 | $54,500 | $127,300 |
| 2021 | $5,987 | $169,800 | $0 | $0 |
| 2020 | $2,001 | $157,800 | $0 | $0 |
| 2019 | $2,449 | $145,800 | $43,700 | $102,100 |
| 2018 | $2,578 | $141,800 | $0 | $0 |
| 2017 | $2,493 | $137,800 | $0 | $0 |
| 2016 | -- | $133,800 | $0 | $0 |
| 2015 | $2,622 | $133,800 | $0 | $0 |
| 2014 | $2,622 | $133,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $335,000 | +16.7% | $247 / Sq Ft |
| 02/23/2024 02/23/24 | Sold | $287,000 | +0.7% | $212 / Sq Ft |
| 12/26/2023 12/26/23 | For Sale | $285,000 | 0.0% | $210 / Sq Ft |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- |
| 08/02/2023 08/02/23 | For Sale | $285,000 | -- | $210 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $287,000 | Eagle Title | |
| Deed | $287,000 | Eagle Title | |
| Deed | $123,517 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,801 | FHA | |
| Closed | $281,801 | FHA | |
| Previous Owner | $99,478 | FHA | |
| Previous Owner | $115,800 | FHA |
Source: Public Records
About the Listing Agent
Whether you are first time home buyer or seller or a veteran we are here to help you understand the entire process. Making sure you are comfortable is our first priority. With our knowledgeable Lenders and Title companies you can trust that you are in good hands.
Please feel free to contact us at your convenience with any questions you might have.
We look forward to hearing from you.
Victor's Other Listings
Source: Bright MLS
MLS Number: MDPG2166878
APN: 07-3238292
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