NOT LISTED FOR SALE

848 Faraway Ct Bowie, MD 20721

Estimated Value: $405,000 - $431,000

4 Beds
3.5 Baths
1,452 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $245,000 $169 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,686/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Brick Front
  • Dining Area
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

SHAKY CONTRACT ! BACK TO THE MARKET !! GORGEOUS SPACIOUS 3 LEVEL TOWNHOME FEATURING 4BDRMS & 3 1/2 BATHS, HDWD FLOORS, BEAUTIFUL EAT - IN KITCHEN WITH STAINLESS STEEL APPLIANCES AND BAY WINDOW ! SEPERATE DINNING ROOM !! COZY LIVING ROOM WITH FIREPLACE, MASTER SUITE WITH VAULED CEILING & SPACIOUS WALK IN CLOSET. FINISHED WALKOUT BASEMENT FEATURES REC ROOM, LARGE BEDROOM & FULL BATH !!!

Last Agent to Sell the Property

OLOLADE OGUNFOWOKAN

(301) 404-9039 lolaogunfowokan@gmail.com Argent Realty, LLC License #SP40004121 Listed on: 03/16/2014

Argent Realty, LLC

Last Buyer's Agent

Camille McKenzie

(240) 476-6943 mckenziecamille21@gmail.com Trademark Realty, Inc License #98971

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1994

Lot Details

  • 1,500 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Garage
  • Front Facing Garage
  • 2 Assigned Parking Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17131522101
  • $487 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,804

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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: Brick Front, Combination, Brick
  • Construction Completed: No
  • 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
  • Garage Features: Garage - Front Entry

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 134000.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14653316
  • Tax Annual Amount: 3804.04
  • Assessor Parcel Number: 17131522101
  • Tax Lot: 5
  • Tax Page Number: 578
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Front Foot Fee: 487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Jul 31, 2012
Sold by
Peters Spero and Okpeolou Babatoude K
Bought by
Tchambe Tilate Y
Seller's Agent
OLOLADE OGUNFOWOKAN
Argent Realty, LLC
Buyer's Agent
Sonia Foronda
Argent Realty, LLC
List Price
$245,000
Sold Price
$165,000
Premium/Discount to List
-$80,000
-32.65%
Current Estimated Value
$418,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,394
Avg. Annual Appreciation
7.22%
Original Mortgage
$162,011
Outstanding Balance
$112,257
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$306,137

Purchase Details

Closed on
Jan 26, 2009
Sold by
First Franklin Ln Trs 2006 Ff5
Bought by
Okpeolou Babatoude K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,613
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2008
Sold by
Hargrove Aaron and Hargrove Lashaun
Bought by
First Franklin Ln Trs 2006 Ff5

Purchase Details

Closed on
Mar 1, 2006
Sold by
Lombre Katrina L
Bought by
Hargrove Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Lombre Katrina L
Bought by
Hargrove Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1993
Sold by
South Lakes Lp
Bought by
Lombre Katrina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,221
Interest Rate
6.83%
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
Tchambe Tilate Y $165,000 Kensington Realty Title Llc
Okpeolou Babatoude K $260,000 --
First Franklin Ln Trs 2006 Ff5 $282,400 --
Hargrove Aaron $353,000 --
Hargrove Aaron $353,000 --
Lombre Katrina L $154,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tchambe Tilate Y $162,011
Previous Owner Okpeolou Babatoude K $256,613
Previous Owner Lombre Katrina L $282,400
Previous Owner Hargrove Aaron $282,400
Previous Owner Lombre Katrina L $155,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2014 05/14/14 Sold $245,000 -3.9% $169 / Sq Ft
04/19/2014 04/19/14 For Sale $255,000 0.0% $176 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
04/01/2014 04/01/14 Price Changed $255,000 +2.0% $176 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
03/28/2014 03/28/14 Price Changed $250,000 +0.4% $172 / Sq Ft
03/28/2014 03/28/14 Price Changed $249,000 -2.4% $171 / Sq Ft
03/16/2014 03/16/14 For Sale $255,000 +54.5% $176 / Sq Ft
07/31/2012 07/31/12 Sold $165,000 0.0% $114 / Sq Ft View Prior Sale
05/26/2012 05/26/12 Price Changed $165,000 +3.1% $114 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
01/22/2012 01/22/12 Price Changed $160,000 -34.7% $110 / Sq Ft
01/10/2012 01/10/12 For Sale $245,000 -- $169 / 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 $4,592 $352,800 -- --
2024 $4,592 $331,200 $0 $0
2023 $4,410 $309,600 $70,000 $239,600
2022 $4,234 $298,000 $0 $0
2021 $4,064 $286,400 $0 $0
2020 $3,985 $274,800 $70,000 $204,800
2019 $3,877 $261,667 $0 $0
2018 $3,749 $248,533 $0 $0
2017 $3,643 $235,400 $0 $0
2016 -- $224,933 $0 $0
2015 $4,461 $214,467 $0 $0
2014 $4,461 $204,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002886034

Bright MLS

APN: 13-1522101