tomo logo

$612,678Estimated home value

Beds
6
Baths
3.5
sq ft
2,294

1303 Fairlakes Place, Bowie, MD 20721

1303 Fairlakes Place

BOWIE, MD 20721

  • Off market
Welcome to this huge and stunning home in a highly desirable area! It features 4 large bedrooms on the upper level, including a luxurious owner's suite with a shower and jacuzzi tub. The lowest level is a versatile ADU with a private entrance, two bedrooms, and a living area. The main level offers a semi-open concept with two living areas and fireplaces. The kitchen boasts newer appliances, making it move-in ready. There's an excellent opportunity for "sweat equity" by updating the baths and kitchen, so you can make this home truly yours. Don't miss out on this fantastic chance to live in a spacious and versatile home in a sought-after location! This home is just right around the corner from a beautiful, county-run recreation area, (formerly a golf course) with scenic paved walking/jogging trails meandering around picturesque rolling hills and lakes. Also very close-by is the Lake Arbor Foundation, a non-profit organization, offering many amenities and activities for the community, such as a pool, tennis courts, basketball courts, park, summer camps, and other various community events! This lovely neighborhood and home has so much to offer! Schedule your tour today! *** Seller needs a 30 day post-occupancy to find home of choice.

Details

Property type

Single Family Residence

Est. home value

$612,678

Lot size

0.27 acres

Price per sq ft

$282

Year built

1989

Annual property taxes

$6,613

Monthly HOA fee

$20

Price History

07/30/2024
Bright

Bright #MDPG2117448

Removed
$645,000
07/05/2024
Bright

Bright #MDPG2117448

Pending
$645,000
07/04/2024
Bright

Bright #MDPG2117448

Price change
$645,000
+0.8%

Schools & Community

Elementary school: 

LAKE ARBOR

Middle school: 

ERNEST EVERETT JUST

High school: 

CHARLES HERBERT FLOWERS

Community features: 

Pool

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cmg Mortgage Inc

Loan start date

December 2021

Original loan amount

$456,000

Est. remaining balance

Not provided

Interest rate

2.54%

Loan type

Credit Line (Revolving), 1 year

Seller

Flora Del Pilar Nunez Ramos and Diego Quinones Raffo

Lender

First Savings Mortgage Corp

Loan start date

August 2017

Original loan amount

$402,550

Est. remaining balance

$344,855

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Flora Del Pilar Nunez Ramos and Diego Quinones Raffo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 09/28/2024 at 8:30 PM

Listing updated: 07/24/2024 at 5:14 PM

Listed by: Dorothy M Bistransin, Redfin Corp Phone #: (301) 658-6186

MLS: Bright #MDPG2117448

Bright logo

Recently listed in BOWIE

$450,000|3 bd|2.0 ba|House
$900,000|4 bd|2.5 ba|House
$675,000|4 bd|3.5 ba|House
$519,990|3 bd|3.5 ba|Townhouse
$430,000|3 bd|3.5 ba|Townhouse
$529,990|3 bd|3.5 ba|Townhouse
$440,000|3 bd|3.0 ba|Townhouse
$489,990|3 bd|3.5 ba|Townhouse
$350,000|3 bd|2.0 ba|House
$480,000|3 bd|2.5 ba|Townhouse