NOT LISTED FOR SALE

5301 Lakevale Terrace Bowie, MD 20720

Westview Neighborhood

Estimated Value: $696,000 - $751,000

4 Beds
3.5 Baths
3,692 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $499,000 $135 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,711/month

Highlights

  • Colonial Architecture
  • Den
  • Central Heating and Cooling System
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of July 2019

This spacious home is situated on a picturesque cul-de-sac backing to lush woods. You will enjoy peace and tranquility from the low maintenance deck and wooded 1/3 acre lot. Soaring two story entry is flooded with natural light and accented by hardwood flooring throughout the entire main floor. The cook of the family will love the centrally located kitchen with granite, stainless steel appliances, Island, abundance of storage and separate breakfast nook! The kitchen also leads to a main level laundry room and 2 car garage.The kitchen steps down into the sprawling living room with wood burning fireplace. In addition to the main living room, there is a formal living space to the right of the main entrance. The formal living room passes into a large dining room with wooded view. Across from the formal living room is an office large enough for two! There is room to grow in this home with 4 bedrooms and 2 bathrooms upstairs along with a HUGE finished basement (with brand new carpeting) and interior storage room that could double as a 5th bedroom. The lower level also houses a full bathroom and utility room which includes recently replaced hot water tank and HVAC. Lakevale Terrace has been meticulously maintained, with documentation to prove, and waiting for new owner's to make memories of their own.

Last Agent to Sell the Property

Katri Hunter

Compass License #SP98373111 Listed on: 06/06/2019

Compass

Last Buyer's Agent

Jeanette Spicer

Keller Williams Preferred Properties

Keller Williams Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1994

Lot Details

  • 0.35 Acre Lot
  • Property is zoned RR

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Den
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Utilities

  • Central Heating and Cooling System

Community Details

  • Westview Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 17070803973

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,643

Year Built

Built in 1994

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: This spacious home is situated on a picturesque cul-de-sac backing to lush woods. You will enjoy peace and tranquility from the low maintenance deck and wooded 1/3 acre lot. Soaring two story entry is flooded with natural light and accented by hardwood flooring throughout the entire main floor. The cook of the family will love the centrally located kitchen with granite, stainless steel appliances, Island, abundance of storage and separate breakfast nook! The kitchen also leads to a main level laundry room and 2 car garage.The kitchen steps down into the sprawling living room with wood burning fireplace. In addition to the main living room, there is a formal living space to the right of the main entrance. The formal living room passes into a large dining room with wooded view. Across from the formal living room is an office large enough for two! There is room to grow in this home with 4 bedrooms and 2 bathrooms upstairs along with a HUGE finished basement (with brand new carpeting) and interior storage room that could double as a 5th bedroom. The lower level also houses a full bathroom and utility room which includes recently replaced hot water tank and HVAC. Lakevale Terrace has been meticulously maintained, with documentation to prove, and waiting for new owner's to make memories of their own.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Office
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Interior Access, Outside Entrance, Rear Entrance, Fully Finished
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 3692
  • Living Area Sq Ft: 3692
  • Price Per Sq Ft: 175.14
  • Above Grade Finished Sq Ft: 2792
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5301

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • 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: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 294900.00
  • Land Assessed Value: 101100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15060.00
  • Year Assessed: 2019
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14528870
  • Tax Annual Amount: 6643.00
  • Assessor Parcel Number: 17070803973
  • Tax Lot: 56
  • Tax Total Finished Sq Ft: 2792
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/12/2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 8, 2019
Sold by
Blow Michael J and Hinzey Angela
Bought by
Fortune Tate Ronald and Fortune Tate Jossoh
Seller's Agent
Katri Hunter
Compass
Buyer's Agent
Jeanette Spicer
Keller Williams Preferred Properties
List Price
$489,000
Sold Price
$499,000
Premium/Discount to List
$10,000
2.04%
Current Estimated Value
$721,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,335
Avg. Annual Appreciation
6.13%
Original Mortgage
$509,728
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 29, 2017
Sold by
Scott Jennifer L
Bought by
Hiney Angela and Blow Michael J
Seller's Agent
John Lesniewski
RE/MAX United Real Estate
Buyer's Agent
Brent Jackson
TTR Sotheby's International Realty
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$380,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Wheeler Robert J Etal
Bought by
Scott Jennifer L

Purchase Details

Closed on
May 31, 2006
Sold by
Wheeler Robert J Etal
Bought by
Scott Jennifer L

Purchase Details

Closed on
Dec 20, 1993
Sold by
Mid Atlantic Companies Inc
Bought by
Wheeler Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.03%
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
Fortune Tate Ronald $499,000 Counsel Title Llc
Hiney Angela $475,000 None Available
Scott Jennifer L -- --
Scott Jennifer L -- --
Wheeler Robert J $270,615 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Ronald $526,710
Closed Tate Ronald $525,373
Closed Fortune Tate Ronald $509,728
Previous Owner Hiney Angela $380,000
Previous Owner Scott Jennifer L $150,000
Previous Owner Scott Jennifer L $81,650
Previous Owner Wheeler Robert J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $499,000 +2.0% $135 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $489,000 +2.9% $132 / Sq Ft
06/29/2017 06/29/17 Sold $475,000 0.0% $170 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $475,000 -- $170 / 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 $9,562 $559,700 $0 $0
2023 $8,752 $514,000 $0 $0
2022 $7,930 $468,300 $102,200 $366,100
2021 $7,497 $444,200 $0 $0
2020 $7,075 $420,100 $0 $0
2019 $6,653 $396,000 $101,100 $294,900
2018 $6,650 $393,300 $0 $0
2017 $6,629 $390,600 $0 $0
2016 -- $387,900 $0 $0
2015 $6,150 $371,633 $0 $0
2014 $6,150 $355,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG531376

Bright MLS

APN: 07-0803973