NOT LISTED FOR SALE

722 Faraway Ct Bowie, MD 20721

Estimated Value: $407,989 - $449,000

3 Beds
4 Baths
1,352 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $273,000 $202 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,834/month

12 Days on Market

Highlights

  • Traditional Floor Plan
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room
  • Traditional Architecture
  • Central Air
  • Ceiling Fan

About This Home

As of May 2017

Large 3 level Townhome located in Southlake...Home has custom closets in all bedrooms, large Master bathroom with separate shower and garden tub, plush carpet located throughout home. Basement has additional room downstairs that can be used as a 4th bedroom or office which also has a custom closet. Separate laundry room with large capacity washer and dryer. Home has large deck for entertaining.

Last Agent to Sell the Property

Timothy Blue

Taylor Properties License #582825 Listed on: 03/19/2017

Taylor Properties

Last Buyer's Agent

Floretta Davis

Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1995

Lot Details

  • 1,538 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Parking

  • Parking Space Number Location: 125
  • 2 Assigned Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include snow removal
  • Southlake Community
  • Southlake Plat 3 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 17131522747

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,809

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 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
  • Year Built: 1995
  • Remarks Public: Large 3 level Townhome located in Southlake...Home has custom closets in all bedrooms, large Master bathroom with separate shower and garden tub, plush carpet located throughout home. Basement has additional room downstairs that can be used as a 4th bedroom or office which also has a custom closet. Separate laundry room with large capacity washer and dryer. Home has large deck for entertaining.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Walkout Level, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 722

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Parking Space Number Assigned: 125

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 171200.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1538
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1538.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14582537
  • Tax Annual Amount: 3809.15
  • Assessor Parcel Number: 17131522747
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/12/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2017
Closed on
May 12, 2017
Sold by
Butts Loretta
Bought by
Sherrill Tyshena R and Sherrill Bobby A
Seller's Agent
Timothy Blue
Taylor Properties
Buyer's Agent
Floretta Davis
Samson Properties
List Price
$279,900
Sold Price
$273,000
Premium/Discount to List
-$6,900
-2.47%
Current Estimated Value
$419,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,747
Avg. Annual Appreciation
4.84%
Original Mortgage
$268,055
Outstanding Balance
$227,860
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$176,198

Purchase Details

Closed on
Sep 20, 2005
Sold by
Chaney Lorraine S M
Bought by
Butts Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Chaney Lorraine S M
Bought by
Butts Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2000
Sold by
Robinson Paul L
Bought by
Chaney Lorraine S M

Purchase Details

Closed on
Nov 16, 1994
Sold by
Us Home Corp
Bought by
Robinson Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
8.9%
Source: Public Records

Range of Values:

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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
Sherrill Tyshena R $273,000 Ultimate Title Llc
Butts Loretta $287,000 --
Butts Loretta $287,000 --
Chaney Lorraine S M $157,950 --
Robinson Paul L $159,641 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrill Tyshena R $268,055
Previous Owner Butts Loretta $247,675
Previous Owner Robinson Paul L $258,300
Previous Owner Butts Loretta $258,300
Previous Owner Chaney Lorraine S M $89,000
Previous Owner Robinson Paul L $151,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $273,000 -2.5% $202 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/19/2017 03/19/17 For Sale $279,900 0.0% $207 / Sq Ft
07/01/2015 07/01/15 Rented $1,950 0.0% --
07/01/2015 07/01/15 Under Contract -- -- --
05/20/2015 05/20/15 For Rent $1,950 -- --
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 $5,411 $337,300 $0 $0
2023 $5,085 $315,400 $70,000 $245,400
2022 $4,908 $303,533 $0 $0
2021 $4,732 $291,667 $0 $0
2020 $4,556 $279,800 $70,000 $209,800
2019 $4,364 $266,933 $0 $0
2018 $4,173 $254,067 $0 $0
2017 $2,077 $241,200 $0 $0
2016 -- $229,567 $0 $0
2015 $5,100 $217,933 $0 $0
2014 $5,100 $206,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001094297

Bright MLS

APN: 13-1522747