NOT LISTED FOR SALE

5404 Lakevale Terrace Bowie, MD 20720

Westview Neighborhood

Estimated Value: $629,000 - $637,150

4 Beds
2.5 Baths
2,141 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $625,000 $292 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,480/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Ceiling Fan
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

***OPEN HOUSE ON SAT 5/18 IS CANCELLED - UNDER CONTRACT*** Welcome to this beautifully quiet neighborhood nestled in the highly sought-after city of Bowie! This brick-front home is situated on a cul-de-sac surrounded by mature landscaping, perfect for those tranquil moments. As soon as you arrive, you'll notice the long driveway, offering plenty of parking for gatherings, and the manicured landscape that gorgeously displays this home's curb appeal. Now step inside, where the warmness and charming atmosphere will captivate you. The home offers a formal dining and living room on the main level that can be used as an office or den, providing the flexibility to suit your family's lifestyle. Upstairs, you'll find four bedrooms and two full bathrooms. The primary bedroom features vaulted ceilings, a large walk-in custom closet, and a luxurious en-suite bathroom with a double sink vanity, a relaxing soaker tub, and a heavy glass door shower. The lower level unfinished basement is spacious, offering a blank canvas ready to be customized for more entertainment, an additional bedroom or bathroom, etc. This property gives the convenience of city access to DC and VA. 5404 Lakevale Terrace is more than just a house, it's a place to call home proudly with a newer architectural roof and windows/sliding back door (still under warranty)! Schedule your visit today and start loving where you live!

Last Agent to Sell the Property

Jabria Kuteyi

RLAH @properties Listed on: 05/15/2024

RLAH @properties

Last Buyer's Agent

Temi Fawehinmi

Taylor Properties License #5005387

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • Property is zoned RR

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Westview Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 17070804138

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,947

Year Built

Built in 1992

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-15
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: ***OPEN HOUSE ON SAT 5/18 IS CANCELLED - UNDER CONTRACT*** Welcome to this beautifully quiet neighborhood nestled in the highly sought-after city of Bowie! This brick-front home is situated on a cul-de-sac surrounded by mature landscaping, perfect for those tranquil moments. As soon as you arrive, you'll notice the long driveway, offering plenty of parking for gatherings, and the manicured landscape that gorgeously displays this home's curb appeal. Now step inside, where the warmness and charming atmosphere will captivate you. The home offers a formal dining and living room on the main level that can be used as an office or den, providing the flexibility to suit your family's lifestyle. Upstairs, you'll find four bedrooms and two full bathrooms. The primary bedroom features vaulted ceilings, a large walk-in custom closet, and a luxurious en-suite bathroom with a double sink vanity, a relaxing soaker tub, and a heavy glass door shower. The lower level unfinished basement is spacious, offering a blank canvas ready to be customized for more entertainment, an additional bedroom or bathroom, etc. This property gives the convenience of city access to DC and VA. 5404 Lakevale Terrace is more than just a house, it's a place to call home proudly with a newer architectural roof and windows/sliding back door (still under warranty)! Schedule your visit today and start loving where you live!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Total Sq Ft: 3205
  • Living Area Sq Ft: 2141
  • Price Per Sq Ft: 294.26
  • Above Grade Finished Sq Ft: 2141
  • Below Grade Sq Ft: 1064
  • Total Below Grade Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5404

Beds/Baths

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

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 235.00
  • 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

Lot Info

  • Land Use Code: E
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14457.00
  • Year Assessed: 2024
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5947.00
  • Assessor Parcel Number: 17070804138
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 2141
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/24/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 14, 2022
Sold by
Klein Dennis M
Bought by
Higgins Carl A and Clark Krystina M
Seller's Agent
Bill Franklin
Long & Foster Real Estate, Inc.
Buyer's Agent
Jabria Kuteyi
RLAH @properties
List Price
$515,000
Sold Price
$530,000
Premium/Discount to List
$15,000
2.91%
Views
11
Current Estimated Value
$631,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,395
Avg. Annual Appreciation
6.60%
Original Mortgage
$530,000
Outstanding Balance
$510,413
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$120,982

Purchase Details

Closed on
Jul 8, 2014
Sold by
Klein Dennis M and Usitalo Debra L
Bought by
Klein Dennis M and Klein Debra L

Purchase Details

Closed on
Sep 11, 1992
Sold by
Mid-Atlantic
Bought by
Klein Dennis M and Usitalo Debra L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Higgins Carl A $530,000 --
Klein Dennis M $67,000 None Available
Klein Dennis M $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Carl A $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $625,000 -0.8% $292 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $630,000 +18.9% $294 / Sq Ft
11/14/2022 11/14/22 Sold $530,000 0.0% $248 / Sq Ft
10/25/2022 10/25/22 Price Changed $530,000 +2.9% $248 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $515,000 -- $241 / 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 $36 $470,000 $0 $0
2023 $5,904 $432,200 $0 $0
2022 $5,868 $394,400 $102,000 $292,400
2021 $5,577 $376,500 $0 $0
2020 $5,393 $358,600 $0 $0
2019 $5,212 $340,700 $101,000 $239,700
2018 $5,134 $338,200 $0 $0
2017 $5,089 $335,700 $0 $0
2016 -- $333,200 $0 $0
2015 -- $318,267 $0 $0
2014 $4,823 $303,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2112640

Bright MLS

APN: 07-0804138