NOT LISTED FOR SALE

720 Faraway Ct Bowie, MD 20721

Estimated Value: $410,085 - $443,000

3 Beds
3.5 Baths
1,336 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $321,000 $240 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,817/month

30 Days on Market

Highlights

  • 0.06 Acre Lot
  • Clubhouse
  • 1 Fireplace
  • Community Lake
  • Contemporary Architecture
  • Community Pool

About This Home

As of November 2019

Great opportunity to purchase a loaded model home. This is a huge end unit town-home that backs up to a wooded area. Enjoy 2 master suites on different levels. Hardwood flooring throughout. Oh yes, entertainment factor is a 10. This home has 2 decks, one on the main level and another on the lower level. Conveniently located to shops and dining, also minutes to the Capitol Beltway, National Harbor and Washington DC. Make this Jewel your HOME SWEET HOME ! ! !

Last Agent to Sell the Property

Antoine Mensah

(800) 913-4326 antoine@antoinetherealtor.com Samson Properties License #0225197821 Listed on: 09/29/2019

Samson Properties

Last Buyer's Agent

Genet Lulu

(240) 505-7912 genetlulu5@gmail.com Fairfax Realty Premier License #SP200202332

Fairfax Realty Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1995

Lot Details

  • 2,439

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,336 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Additional Features

  • ENERGY STAR Qualified Equipment
  • 2,439 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17131522739

Community Details

Overview

  • $236 Recreation Fee
  • South Lake At Lake Arbor Homeowners Association
  • Lake Arbor Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,108

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: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1336
  • Living Area Sq Ft: 1336
  • Price Per Sq Ft: 244.69
  • Above Grade Finished Sq Ft: 1336
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • 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: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: Baseball Field, Club House, Lake, Pool - Outdoor, Tennis Courts
  • HOA Name: SOUTH LAKE AT LAKE ARBOR HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 236.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2439.00
  • Zoning: RM
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4108.00
  • Assessor Parcel Number: 17131522739
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2019
Closed on
Nov 26, 2019
Sold by
Dorsey Michael Ray
Bought by
Peah Alice Y
Seller's Agent
Antoine Mensah
Samson Properties
Buyer's Agent
Genet Lulu
Fairfax Realty Premier
List Price
$326,900
Sold Price
$321,000
Premium/Discount to List
-$5,900
-1.8%
Current Estimated Value
$427,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,271
Avg. Annual Appreciation
4.77%
Original Mortgage
$315,185
Outstanding Balance
$277,392
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$149,879

Purchase Details

Closed on
Apr 9, 2001
Sold by
Dorsey Michael R
Bought by
Dorsey Michael R

Purchase Details

Closed on
Dec 28, 2000
Sold by
White Zeddrick F
Bought by
Dorsey Michael R

Purchase Details

Closed on
Jul 18, 1997
Sold by
White Zeddric F
Bought by
White Zeddrick F and Dorse Michael R

Purchase Details

Closed on
Oct 20, 1995
Sold by
Us Home Corp
Bought by
White Zeddric F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,007
Interest Rate
7.6%
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
Peah Alice Y $321,000 Commonwealth Land Title Ins
Dorsey Michael R -- --
Dorsey Michael R -- --
White Zeddrick F -- --
White Zeddric F $158,831 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peah Alice Y $315,185
Previous Owner White Zeddric F $162,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $321,000 -1.8% $240 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $326,900 0.0% $245 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $326,900 -- $245 / 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 $5,601 $374,333 -- --
2024 $5,601 $350,067 -- --
2023 $5,239 $325,800 $70,000 $255,800
2022 $5,114 $317,367 $0 $0
2021 $4,989 $308,933 $0 $0
2020 $4,863 $300,500 $70,000 $230,500
2019 $4,061 $283,567 $0 $0
2018 $3,733 $266,633 $0 $0
2017 $3,579 $249,700 $0 $0
2016 -- $234,833 $0 $0
2015 $4,083 $219,967 $0 $0
2014 $4,083 $205,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG545550

Bright MLS

APN: 13-1522739