NOT LISTED FOR SALE

702 Faraway Ct Bowie, MD 20721

Estimated Value: $400,860 - $414,000

3 Beds
3.5 Baths
1,344 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $382,500 $285 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,696/month

33 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Chair Railings
  • Wood Flooring
  • Stainless Steel Appliances
  • Soaking Tub

About This Home

As of July 2023

Offer deadline is Monday 6/ 12. Welcome to your dream home in Bowie's desirable Southlake community! This stunning 3 bedroom, 3.5 bath townhouse offers an exceptional living experience that is sure to exceed your expectations. From top to bottom, this home has been meticulously maintained and features an array of upgrades that are bound to impress.

As you step inside, you'll be greeted by hardwood floors on the main level and on the stairs. The kitchen boasts stainless steel appliances, adding a touch of sophistication to your cooking and dining experience.

Luxurious owner's suite: The master bedroom suite is a sight to behold, complete with a soaring vaulted ceiling and a spacious walk-in closet that offers plenty of storage space for all your belongings. Relax and unwind in this tranquil space that is designed to cater to your every need. Home offers updaed bathrooms as well.

The finished basement features a cozy gas fireplace that adds warmth and charm to the space, making it the perfect spot to relax with family and friends. The basement also has a full bathroom and bonus room.

Resort-style amenities: Enjoy the convenience of the HOA that includes access to the pool, tot lot, and trails, providing endless opportunities for outdoor recreation and entertainment.

Nearby attractions: Take advantage of the prime location of this home, with easy access to major routes, shopping, dining, and entertainment. Golf enthusiasts will appreciate the proximity to the nearby golf course, perfect for a day out on the greens.

Don't miss this exceptional opportunity to own a home that offers luxury, convenience, and endless possibilities. Discover the beauty of Bowie's Southlake community and embark on a journey of comfort and refinement. Act swiftly and make this your home sweet home today!

Last Agent to Sell the Property

Gail Brown

(240) 419-1569 gailbglaspie@gmail.com Gallery Collective License #SP986369759 Listed on: 05/12/2023

Co-Listed By

Russell Chandler

(240) 988-7609 russell.chandler@redfin.com Redfin Corp

Last Buyer's Agent

Allen Laine

(301) 802-6297 allen.laine@kw.com Samson Properties License #678563

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1995

Lot Details

  • 1,500 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Dining Area
  • Finished Basement

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Southlake Plat 2 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 17131522556

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,775

Year Built

Built in 1995

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-13
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Stove, Refrigerator, Icemaker, Dishwasher
  • Interior Amenities: Wood Floors, Sprinkler System, Recessed Lighting, Ceiling Fan(s), Chair Railings, Dining Area, Carpet, Primary Bath(s), Soaking Tub, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 278.94
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 640
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Lower Level Full Bathrooms: 1
  • 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

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Zoning: LCD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4775.00
  • Assessor Parcel Number: 17131522556
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 30, 2023
Sold by
Garden Clarence
Bought by
Cobb Tremayne
Seller's Agent
Gail Brown
Gallery Collective
Buyer's Agent
Allen Laine
Samson Properties
List Price
$374,900
Sold Price
$382,500
Premium/Discount to List
$7,600
2.03%
Views
216
Current Estimated Value
$408,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,215
Avg. Annual Appreciation
2.65%
Original Mortgage
$286,875
Outstanding Balance
$279,642
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$129,073

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 13, 2016
Sold by
Poindexter Eric D
Bought by
Garden Clarence
Seller's Agent
Regina Pierce
Fairfax Realty Premier
Buyer's Agent
Janelle Patterson
Douglas Realty, LLC
List Price
$265,000
Sold Price
$269,000
Premium/Discount to List
$4,000
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$274,783
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 2002
Sold by
Harris Darin K
Bought by
Poindexter Eric D

Purchase Details

Closed on
May 4, 1995
Sold by
Us Home Corp
Bought by
Harris Darin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,716
Interest Rate
8.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cobb Tremayne $382,500 Title Forward
Garden Clarence $269,000 Old Republic Title Ins Co
Poindexter Eric D $182,500 --
Harris Darin K $154,915 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Tremayne $286,875
Previous Owner Garden Clarence $274,783
Previous Owner Harris Darin K $150,716
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $382,500 +2.0% $285 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $374,900 0.0% $279 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $374,900 +39.4% $279 / Sq Ft
05/13/2016 05/13/16 Sold $269,000 +1.5% $200 / Sq Ft View Prior Sale
03/29/2016 03/29/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $265,000 -- $197 / 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
2025 $5,265 $348,867 -- --
2024 $5,265 $327,433 -- --
2023 $3,403 $306,000 $70,000 $236,000
2022 $4,426 $294,600 $0 $0
2021 $4,247 $283,200 $0 $0
2020 $4,167 $271,800 $70,000 $201,800
2019 $4,064 $260,400 $0 $0
2018 $3,939 $249,000 $0 $0
2017 $3,837 $237,600 $0 $0
2016 -- $226,233 $0 $0
2015 $3,904 $214,867 $0 $0
2014 $3,904 $203,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2077570

Bright MLS

APN: 13-1522556