NOT LISTED FOR SALE

5220 Maries Retreat Dr Bowie, MD 20720

Fairwood Neighborhood

Estimated Value: $488,566 - $512,000

3 Beds
3.5 Baths
2,572 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $500,000 $194 Per Sq Ft

Current estimated payment $3,604/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Clubhouse
  • Community Pool
  • Brick Front

About This Home

As of October 2024

Back on Market. Buyer had a change of hart... Appraised Above Asking Price. Dreams Do Come True! Price Improvement. 12k price reduction. Welcome to this exquisite end-unit townhouse-style condo, perfectly nestled in the highly sought-after Fairwood community of Bowie, MD Bowie, MD. 3 

This remarkable Bedrooms | 3 Full Bathrooms | 1 Half Bath home offers a harmonious blend of spaciousness, elegance, and modern upgrades, creating an ideal living environment for families and individuals alike.
The Interior Features Fresh Paint & Glowing Hardwood Floors, with fresh paint throughout.
Large windows fill the home with an abundance of natural light, creating a bright and inviting atmosphere.
There is a whole-house Surround Sound System on the upper two levels 
The Formal Living & Dining Area is Spacious and elegant, ideal for hosting gatherings and creating cherished memories.
There is a Half Bath Conveniently located on the main level for guests.

The open-concept family room is highlighted by a gas-burning fireplace, and the space flows seamlessly into The Gourmet Kitchen, which features solid wood cabinetry, striking granite countertops, and a stainless steel appliance package. 
Step out and enjoy the peaceful surroundings while on your back deck; it's the perfect extension of the living space.

Head Upstairs to the upper level and you will find two of the three bedrooms in this home, including a Primary Suite.  The room is an expansive retreat that will not disappoint. Offering three closet spaces, a wet bar with a wine fridge, and a spa-like bath with a deep jetted tub, double vanity, separate walk-in shower, and a private water closet.

The Second Bedroom is Comfortable and well-sized, complete with an en-suite bath. The Laundry Room is conveniently located on the upper level as well.

Bring your imagination to the Lower Level. This is where you will find the Third Bedroom. It features a full bath and a walk-in closet, making it ideal for various uses, including potential rental income. This versatile space can be transformed to meet your needs, whether as an additional bedroom, den/office, or theater room.

The Two-Car Attached Garage Provides convenience and additional storage, with ample street parking for guests.
**Community & Location:**
- **Fairwood Community Amenities:** Enjoy access to a pool, community center, and clubhouse, enhancing your lifestyle with outstanding recreational options.
- **Prime Location:** Just 14 minutes from Washington, DC, and 20 minutes from Annapolis Mall, offering easy access to work and play. Local amenities include grocery stores, restaurants, shops, gyms, parks, and trails. Bowie itself boasts private pools, libraries, a performing arts center, a playhouse, sports fields, a hockey rink, a skate park, a dog park, Allen Pond, White Marsh Park, an 18-hole golf course, Six Flags, a minor league baseball team, and programs for senior citizens.

This exceptional townhouse embodies single-family comfort, timeless elegance, and outstanding amenities. Don’t miss the opportunity to make this wonderful property your own. Yes, You've Found your new home! Dreams do come true!

Last Listed By

Travell Eiland

Keller Williams Preferred Properties License #SP200202394 Listed on: 05/25/2024

Keller Williams Preferred Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 2005

Lot Details

  • 3,790

HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Brick Front

Interior Spaces

  • 2,572 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Natural lighting in basement

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17073666997

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care side, lawn care rear, lawn maintenance, management, pool(s), recreation facility, snow removal
  • Retreat At Fairwood Town Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,941

Year Built

Built in 2005

Lot Details

0

HOA Fees

$368 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Back on Market. Buyer had a change of hart... Appraised Above Asking Price. Dreams Do Come True! Price Improvement. 12k price reduction. Welcome to this exquisite end-unit townhouse-style condo, perfectly nestled in the highly sought-after Fairwood community of Bowie, MD Bowie, MD. 3  This remarkable Bedrooms | 3 Full Bathrooms | 1 Half Bath home offers a harmonious blend of spaciousness, elegance, and modern upgrades, creating an ideal living environment for families and individuals alike. The Interior Features Fresh Paint & Glowing Hardwood Floors, with fresh paint throughout. Large windows fill the home with an abundance of natural light, creating a bright and inviting atmosphere. There is a whole-house Surround Sound System on the upper two levels  The Formal Living & Dining Area is Spacious and elegant, ideal for hosting gatherings and creating cherished memories. There is a Half Bath Conveniently located on the main level for guests. The open-concept family room is highlighted by a gas-burning fireplace, and the space flows seamlessly into The Gourmet Kitchen, which features solid wood cabinetry, striking granite countertops, and a stainless steel appliance package.  Step out and enjoy the peaceful surroundings while on your back deck; it's the perfect extension of the living space. Head Upstairs to the upper level and you will find two of the three bedrooms in this home, including a Primary Suite.  The room is an expansive retreat that will not disappoint. Offering three closet spaces, a wet bar with a wine fridge, and a spa-like bath with a deep jetted tub, double vanity, separate walk-in shower, and a private water closet. The Second Bedroom is Comfortable and well-sized, complete with an en-suite bath. The Laundry Room is conveniently located on the upper level as well. Bring your imagination to the Lower Level. This is where you will find the Third Bedroom. It features a full bath and a walk-in closet, making it ideal for various uses, including potential rental income. This versatile space can be transformed to meet your needs, whether as an additional bedroom, den/office, or theater room. The Two-Car Attached Garage Provides convenience and additional storage, with ample street parking for guests. **Community & Location:** - **Fairwood Community Amenities:** Enjoy access to a pool, community center, and clubhouse, enhancing your lifestyle with outstanding recreational options. - **Prime Location:** Just 14 minutes from Washington, DC, and 20 minutes from Annapolis Mall, offering easy access to work and play. Local amenities include grocery stores, restaurants, shops, gyms, parks, and trails. Bowie itself boasts private pools, libraries, a performing arts center, a playhouse, sports fields, a hockey rink, a skate park, a dog park, Allen Pond, White Marsh Park, an 18-hole golf course, Six Flags, a minor league baseball team, and programs for senior citizens. This exceptional townhouse embodies single-family comfort, timeless elegance, and outstanding amenities. Don’t miss the opportunity to make this wonderful property your own. Yes, You've Found your new home! Dreams do come true!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Garage Access, Walkout Level
  • Basement Finished Percent: 100.00
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 192.46
  • Above Grade Finished Sq Ft: 2572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5220

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Brick Veneer
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street, Parking Lot
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 109.27
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 259.27
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Side, Lawn Care Rear, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3941.00
  • Assessor Parcel Number: 17073666997
  • Tax Total Finished Sq Ft: 2472
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/10/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Oct 8, 2024
Sold by
Okoye Vickie
Bought by
Rida Zahid and Arslan Gul Arslan
Seller's Agent
Travell Eiland
Keller Williams Preferred Properties
Buyer's Agent
VINAY GULATI
Dream Realty, Inc.
List Price
$500,000
Sold Price
$500,000
Total Days on Market
31
Views
485
Current Estimated Value
$501,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142
Avg. Annual Appreciation
-3.63%
Original Mortgage
$400,000
Outstanding Balance
$399,214
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$90,903

Purchase Details

Closed on
Jul 7, 2005
Sold by
Rocky Gorge At Fairwood Ll
Bought by
Okoye Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,256
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 25, 2005
Sold by
Rocky Gorge At Fairwood Ll
Bought by
Okoye Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,256
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

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
Rida Zahid $500,000 Old Republic National Title In
Rida Zahid $500,000 Old Republic National Title In
Okoye Vickie $422,561 --
Okoye Vickie $422,561 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rida Zahid $400,000
Closed Rida Zahid $400,000
Previous Owner Okoye Vickie $459,000
Previous Owner Okoye Vickie $42,256
Previous Owner Okoye Vickie $338,048
Previous Owner Okoye Vickie $338,048
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $500,000 +1.0% $194 / Sq Ft
08/01/2024 08/01/24 Price Changed $495,000 -1.0% $192 / Sq Ft
07/25/2024 07/25/24 For Sale $500,000 0.0% $194 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $500,000 0.0% $194 / Sq Ft
06/11/2024 06/11/24 Price Changed $499,988 -2.3% $194 / Sq Ft
06/05/2024 06/05/24 Price Changed $512,000 -0.6% $199 / Sq Ft
05/25/2024 05/25/24 For Sale $515,000 -- $200 / 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
2024 $5,266 $378,733 $0 $0
2023 $3,941 $354,367 $0 $0
2022 $3,670 $330,000 $99,000 $231,000
2021 $9,419 $320,000 $0 $0
2020 $9,087 $310,000 $0 $0
2019 $4,296 $300,000 $90,000 $210,000
2018 $4,222 $283,333 $0 $0
2017 $4,052 $266,667 $0 $0
2016 -- $250,000 $0 $0
2015 $3,695 $244,667 $0 $0
2014 $3,695 $239,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDPG2114160

Bright MLS

APN: 07-3666997