RENTED MAY 2, 2025

8914 Tower Place Lanham, MD 20706

Estimated Value: $450,000 - $557,000

3 Beds
4 Baths
1,920 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $380,228 $198 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,231/month

Highlights

  • Colonial Architecture
  • Central Air
  • Heat Pump System
  • 2 Car Attached Garage

About This Home

As of May 2025

Amazing 3 BR/2 Full BA & 2 Half BA EOG Townhome in Lanham! This home features hardwood and carpet flooring and neutral-toned walls throughout. The entry-level includes a versatile recreational room, perfect for a home office or entertainment space, along with a half bathroom and access to the attached garage.

The main level offers a bright, open living area. The kitchen and dining combo includes a kitchen island, ample counter and cabinet space, and stainless steel appliances. A separate office provides an ideal space for work or study, and another half bathroom is conveniently located on this floor!

Upstairs, the primary bedroom boasts a walk-in closet with custom storage and an en-suite full bathroom. An additional bedroom provides ample closet space, and a second full bathroom is conveniently located in the hallway. A third bedroom offers flexibility for use as a guest room, office, or sleeping space. A laundry closet with washer and dryer rounds out the upper level!

Community Amenities: Pool, playground, and community room.

Local Attractions and Nearby Highways:

- NASA Goddard Space Flight Center: A major NASA research facility offering exhibits, events, and educational programs.
- Lanham Forest Recreation Center: A community park with sports fields, playgrounds, and walking trails.
- Bowie Town Center: A shopping destination with retail stores, dining options, and entertainment.
- Greenbelt Park: A scenic park with hiking trails, picnic areas, and camping spots.
- Prince George's Sports & Learning Complex: A fitness and recreation facility with an indoor track, swimming pool, and sports courts.

- Interstate 495/95 (Capital Beltway): Provides easy access to Washington, D.C., and surrounding areas.
- Baltimore-Washington Parkway (MD-295): Connecting Lanham to Baltimore and downtown D.C.

Sorry, no pets.

Application Qualifications: Minimum monthly income 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history and acceptable criminal history. More specific information provided with the application.

All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Last Agent to Rent the Property

Patrick Freeze

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 04/07/2025

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 3,448 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Kingsford Elementary School
  • Charles Herbert Flowers High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,195
  • 12-Month Min and 24-Month Max Lease Term
  • Available 4/7/25
  • Assessor Parcel Number 17135537607

Community Details

Overview

  • $40 Other Monthly Fees
  • Glenarden Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-04-07
  • Pets Allowed: No
  • Security Deposit: 3195.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 1.66
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Sq Ft: 960
  • Total Below Grade Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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 - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Fees: 39.95
  • Other Fees Frequency: Monthly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: KINGSFORD
  • High School: CHARLES HERBERT FLOWERS

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3448.00
  • Zoning: TACE

Tax Info

  • Assessor Parcel Number: 17135537607

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 29, 2014
Sold by
D R Horton Inc
Bought by
Sim Eris T
Seller's Agent
Nancy Mabie
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Adolphus Grant
RE/MAX Allegiance
List Price
$374,990
Sold Price
$380,228
Premium/Discount to List
$5,238
1.4%
Current Estimated Value
$503,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,921
Avg. Annual Appreciation
2.49%
Original Mortgage
$380,228
Outstanding Balance
$290,031
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$213,118
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
Sim Eris T $400,240 Residential Title & Escrow C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sim Eris T $380,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2025 05/02/25 Rented $3,195 0.0% --
04/30/2025 04/30/25 Price Changed $3,195 -3.0% $2 / Sq Ft
04/07/2025 04/07/25 For Rent $3,295 0.0% --
08/29/2014 08/29/14 Sold $380,228 -4.9% $153 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
05/20/2014 05/20/14 Price Changed $399,990 +6.7% $161 / Sq Ft
05/14/2014 05/14/14 For Sale $374,990 -- $150 / 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 $7,507 $442,733 -- --
2024 $7,507 $420,367 -- --
2023 $7,119 $398,000 $80,000 $318,000
2022 $7,007 $391,033 $0 $0
2021 $6,936 $384,067 $0 $0
2020 $6,822 $377,100 $70,000 $307,100
2019 $6,834 $377,100 $70,000 $307,100
2018 $6,860 $377,100 $70,000 $307,100
2017 $6,875 $401,100 $0 $0
2016 -- $369,867 $0 $0
2015 -- $338,633 $0 $0
2014 -- $8,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2147918

Bright MLS

APN: 13-5537607