NOT LISTED FOR SALE

708 Faraway Ct Bowie, MD 20721

Estimated Value: $404,764 - $438,000

3 Beds
3.5 Baths
1,334 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $315,000 $236 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,749/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Community Lake
  • 0.06 Acre Lot
  • Colonial Architecture
  • Clubhouse

About This Home

As of May 2018

LARGE END UNIT TH SHOWS LIKE A MODEL! RENOV KIT W/ NEW CABS, QUARTZ COUNTERS & SS APPL LEADS TO PRIV DECK W/ WOODED VIEWS. HW FL ON MAIN LVL & NEUTRAL PAINT THRU-OUT. IMPRESSIVE RENOV BATHS. VAULTED CEILINGS IN BDRMS. MASTER W/ WALK IN CLOSET & 5 PC BA. UPGRADES: HVAC '17, HWH '15, ROOF '15 & MORE. FIN LL W/ FAM RM, BONUS RM & W/OUT. COMM W/ POOL, LAKE TRAILS, ETC. CLOSE TO METRO, HWYS & SHOPS.

Last Agent to Sell the Property

Zugell Jamison

(301) 821-7043 zugell@thezugellgroup.com Cummings & Co. Realtors License #618839 Listed on: 04/05/2018

Cummings & Co. Realtors

Last Buyer's Agent

Quadri Owolabi

(240) 716-8580 qowolabirealtor@gmail.com Samson Properties License #665530

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,047

Year Built

  • Built in 1995

Lot Details

  • 2,439 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • No Through Street
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Bay Window
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Dining Room
  • Game Room
  • Views of Woods
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Improved Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Home Security

Parking

  • Parking Space Number Location: 118
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17131522580

Community Details

Overview

  • Association fees include snow removal, pool(s)
  • Southlake At Lake Arbor Community
  • Southlake Plat 2 Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Additional Features

  • Clubhouse
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,047

Year Built

Built in 1995

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1995
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space, Kitchen - Eat-In, Floor Plan - Open
  • Window Features: Bay/Bow
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Insulated, Storm, Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Full, Improved, Walkout Level
  • Living 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: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Exterior Features: Bump-Outs
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 118

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 115.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Jog/Walk Path, Lake, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Pool(s)
  • HOA: Yes
  • Senior Community: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 175600.00
  • Land Assessed Value: 70000.00
  • Lot Features: No Thru Street, Secluded, Landscaping, Backs To Trees
  • Lot Size Acres: 0.06
  • Lot Size Area: 2439
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2439.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14582525
  • Tax Annual Amount: 4047.00
  • Assessor Parcel Number: 17131522580
  • Tax Lot: 5
  • Tax Page Number: 549
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 31, 2018
Sold by
Garcia Juan C and Garcia Zuleika Marie
Bought by
Ademeso Michael Oluweaseun
Seller's Agent
Zugell Jamison
Cummings & Co. Realtors
Buyer's Agent
Quadri Owolabi
Samson Properties
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$418,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,691
Avg. Annual Appreciation
3.78%
Original Mortgage
$315,000
Outstanding Balance
$273,153
Interest Rate
4.62%
Estimated Equity
$145,538

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 29, 2014
Sold by
Anderson Sharon D
Bought by
Garcia Juan C and Garcia Zuleika M
Seller's Agent
Antoine Mensah
Samson Properties
Buyer's Agent
Zugell Jamison
Cummings & Co. Realtors
List Price
$245,900
Sold Price
$247,000
Premium/Discount to List
$1,100
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$242,526
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1995
Sold by
Us Home Corp
Bought by
Wallace John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,850
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ademeso Michael Oluweaseun $315,000 Sage Title Group Ll
Garcia Juan C $247,000 None Available
Wallace John E $158,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace John E $315,000
Closed Ademeso Michael Oluweaseun $315,000
Previous Owner Garcia Juan C $242,526
Previous Owner Wallace John E $150,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $315,000 0.0% $236 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/10/2018 04/10/18 Off Market $315,000 -- --
04/05/2018 04/05/18 For Sale $315,000 +27.5% $236 / Sq Ft
09/29/2014 09/29/14 Sold $247,000 +0.4% $185 / Sq Ft View Prior Sale
08/22/2014 08/22/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $245,900 -- $184 / 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 $5,508 $367,700 -- --
2024 $5,508 $343,800 -- --
2023 $5,152 $319,900 $70,000 $249,900
2022 $7,394 $311,667 $0 $0
2021 $7,272 $303,433 $0 $0
2020 $398 $295,200 $70,000 $225,200
2019 $3,991 $278,667 $0 $0
2018 $2,088 $262,133 $0 $0
2017 $3,687 $245,600 $0 $0
2016 -- $231,100 $0 $0
2015 $5,821 $216,600 $0 $0
2014 $5,821 $202,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000343796

Bright MLS

APN: 13-1522580