NOT LISTED FOR SALE

705 Falls Lake Dr Bowie, MD 20721

Estimated Value: $605,601 - $650,000

4 Beds
2.5 Baths
2,408 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $375,000 $156 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,996/month

Highlights

  • 0.22 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Colonial Architecture
  • 2 Car Attached Garage
  • 3-minute walk to Arbor Park

About This Home

As of February 2019

3 level home on nicely landscaped lot; deck with steps leading to lower level patio area; 2 car garage with new garage door; wood floor foyer, fireplace, sunny breakfast room, spacious upper hall; master bath soaking tub; both full baths have dual sinks. Convenient to major routes, shopping & schools.

Last Agent to Sell the Property

Michelle Johnson

Tri-State Realty LLC Listed on: 11/20/2018

Last Buyer's Agent

Carlos Rodriguez

Realty Connection License #0225039874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,233

Year Built

  • Built in 1996

Lot Details

  • 9,412 Sq Ft Lot
  • Property is zoned RS

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,408 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Arbor Park Community Association, Phone Number (240) 568-8920
  • Arbor Park Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 17131526235
  • $678 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,233

Year Built

Built in 1996

Lot Details

0

HOA Fees

$47 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
  • Federal Flood Zone: No
  • Year Built: 1996
  • Remarks Public: 3 level home on nicely landscaped lot; deck with steps leading to lower level patio area; 2 car garage with new garage door; wood floor foyer, fireplace, sunny breakfast room, spacious upper hall; master bath soaking tub; both full baths have dual sinks. Convenient to major routes, shopping & schools.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2408
  • Living Area Sq Ft: 2408
  • Price Per Sq Ft: 148.21
  • Above Grade Finished Sq Ft: 2408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

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
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 47.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: ARBOR PARK COMMUNITY ASSOCIATION
  • HOA Phone: 240-568-8920
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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: 323600.00
  • Land Assessed Value: 70500.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9412.00
  • Year Assessed: 2019
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14582796
  • Tax Annual Amount: 6233.00
  • Assessor Parcel Number: 17131526235
  • Tax Lot: 30
  • Tax Page Number: 77
  • Tax Total Finished Sq Ft: 2408
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 02/11/2019

Multi Family

  • Front Foot Fee: 677.63

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 22, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Escobar Bladimir Barahona and Barahona Ivett Beatriz Pineda
Seller's Agent
Michelle Johnson
Tri-State Realty LLC
Buyer's Agent
Carlos Rodriguez
Realty Connection
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$627,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,900
Avg. Annual Appreciation
7.97%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2018
Sold by
Coleman Lisa T and Coleman Mary F
Bought by
Fedreal Home Loan Moirtgage Corporatyion

Purchase Details

Closed on
Jan 4, 1996
Sold by
John Laing Homes Inc
Bought by
Coleman Mary F and Coleman Lisa T
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
Escobar Bladimir Barahona $375,000 Security American Title Llc
Fedreal Home Loan Moirtgage Corporatyion $283,304 None Available
Coleman Mary F $215,690 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escobar Bladimir Barahona $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $375,000 0.0% $156 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
11/29/2018 11/29/18 Off Market $375,000 -- --
11/21/2018 11/21/18 Price Changed $356,900 -10.6% $148 / Sq Ft
11/20/2018 11/20/18 For Sale $399,000 +6.4% $166 / Sq Ft
11/20/2018 11/20/18 Off Market $375,000 -- --
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 $7,239 $460,300 $0 $0
2023 $3,325 $420,700 $101,000 $319,700
2022 $6,518 $411,833 $0 $0
2021 $6,386 $402,967 $0 $0
2020 $6,254 $394,100 $70,500 $323,600
2019 $5,419 $378,433 $0 $0
2018 $6,466 $362,767 $0 $0
2017 $5,859 $347,100 $0 $0
2016 -- $321,933 $0 $0
2015 $5,418 $296,767 $0 $0
2014 $5,418 $271,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Johnson

    Seller's Agent in 2019

    Michelle Johnson

    Tri-State Realty LLC

    (301) 520-6044

    57 Total Sales

    Michelle Johnson
    Section Image

  • C

    Buyer's Agent in 2019

    Carlos Rodriguez

    Realty Connection

    (301) 439-1900

    100 Total Sales

    Carlos Rodriguez
    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG139862

Bright MLS

APN: 13-1526235

Maryland Prince George's County Bowie 20721

705 Falls Lake Dr, Bowie, MD

This home is located at 705 Falls Lake Dr, Bowie, MD 20721 since 20 November 2018 and is currently estimated at $627,900, approximately $260 per square foot. This property was built in 1996. 705 Falls Lake Dr is a home located in Prince George's County with nearby schools including Lake Arbor Elementary, Ernest Everett Just Middle, and Charles Herbert Flowers High School.

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