1508 Fairlakes Place Bowie, MD 20721
Lake Arbor Neighborhood
4
Beds
3.5
Baths
2,300
Sq Ft
10,000
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- 1 Fireplace
- Home Security System
- Colonial Architecture
- 2 Car Attached Garage
- Central Air
About This Home
As of March 2025If you are searching for a spacious, move-in ready home with loads of storage space, then this is the home for you. Just one look and you’ll see that you can move in without doing a thing. New luxury plank vinyl flooring has been installed throughout the 1st and 2nd floors and stairs. The first floor powder room, 2nd floor hall bathroom and master bathroom have each been fully renovated: new toilets, showers, tubs, vanities, mirrors, lighting, tile and flooring. The large master bedroom also provides a large walk-in closet. The master bath boasts a relaxing soaking tub. The 1st and 2nd floors have been freshly painted. The 2nd floor contains three extra closets which can be utilized for linens or anything else that you need to store. Full size side-by-side washer and dryer are included. The kitchen provides new quartz countertops as well as stainless steel appliances: refrigerator, dishwasher and a double oven. The fully finished basement includes a large family room, storage room, three closets as well as the third full bathroom. There is a second refrigerator in the basement. Exterior lighting has been updated to provide ample lighting to the exterior.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,882
Year Built
- Built in 1991
Lot Details
- 10,000 Sq Ft Lot
- Property is zoned RR
HOA Fees
- $20 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Permanent Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Home Security System
- Finished Basement
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Lake Arbor Elementary School
- Ernest Everett Just Middle School
- Charles Herbert Flowers High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Arborview HOA
- Newbridge Plat 11 Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 17131515519
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $650,000 | +4.0% | $283 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/25/2025 01/25/25 | For Sale | $625,000 | -- | $272 / Sq Ft |
Source: Bright MLS
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 | $5,666 | $463,167 | $0 | $0 |
| 2023 | $4,535 | $407,800 | $101,200 | $306,600 |
| 2022 | $5,166 | $395,167 | $0 | $0 |
| 2021 | $4,969 | $382,533 | $0 | $0 |
| 2020 | $4,880 | $369,900 | $80,600 | $289,300 |
| 2019 | $4,745 | $352,800 | $0 | $0 |
| 2018 | $4,585 | $335,700 | $0 | $0 |
| 2017 | $4,452 | $318,600 | $0 | $0 |
| 2016 | -- | $293,467 | $0 | $0 |
| 2015 | $4,904 | $268,333 | $0 | $0 |
| 2014 | $4,904 | $243,200 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $663,975 | VA | |
| Closed | $663,975 | VA | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $179,437 | Stand Alone Second | |
| Previous Owner | $191,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Kvs Title | |
| Deed | $650,000 | Kvs Title | |
| Deed | $195,600 | -- |
Source: Public Records
Similar Homes in Bowie, MD
Source: Bright MLS
MLS Number: MDPG2137422
APN: 13-1515519
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