tomo logo

$615,000

Beds
4
Baths
2.0
sq ft
2,476

1314 Palm Lane, Bowie, MD 20716

1314 Palm Lane

BOWIE, MD 20716

  • 11 days on market
    • Open house Jan 26
Welcome to this stunning, exceptionally-maintained 4-bedroom, 2-bath expanded rancher in the heart of Bowie! Nestled on a serene and private lot spanning over half an acre, this home offers a perfect blend of modern updates, open-concept living, and outdoor beauty. Recent upgrades include a new roof and skylights in 2021, ensuring peace of mind and energy efficiency. Inside, the expanded kitchen is a chef’s dream, featuring granite countertops and high-end stainless steel appliances, and it flows seamlessly into the family room, living room, dining room, and bonus spaces, making it perfect for entertaining. The home boasts luxury vinyl tile flooring throughout, along with four spacious bedrooms, including a added one, and an updated hallway bath. A bonus office space provides the ideal setup for remote work or hobbies. Outside, the massive backyard is a gardener’s dream, offering a peaceful, private setting with mature landscaping, a beautiful patio for entertaining, and endless possibilities for outdoor enjoyment. Conveniently located with easy access to Washington, D.C., Baltimore, Southern Maryland, and major commuter routes, this home is also close to Bowie’s charming parks, trails, shopping, metro access, and exciting new amenities on the horizon. This home is truly move-in ready and offers the best of suburban living with a modern touch—don’t miss your chance to call it yours! - TANKLESS WATER HEATER -

Details

Property type

Single Family Residence

Est. home value

$528,378

Lot size

0.54 acres

Price per sq ft

$249

Year built

1968

Annual property taxes

$6,466

HOA

No

Price History

01/17/2025
Bright

Bright #MDPG2138156

Listed
$615,000
+23%
12/15/2021
Bright

Bright #MDPG2013278

Sold
$500,000
+35.65%
02/23/2018
Bright

Bright #1004313387

Sold
$368,600

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$332,049
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$233,751
Cash to seller
$332,049

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Fcu

Loan start date

December 2021

Original loan amount

$250,000

Est. remaining balance

$233,751

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Salome Smalling

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: Active

Tomo last checked: 01/23/2025 at 11:55 AM

Listing updated: 01/22/2025 at 4:14 PM

Listed by: Jane F Gharfeh, Ace Realty & Property Management, LLC. Phone #: (301) 974-9114

MLS: Bright #MDPG2138156

Bright logo

Recently listed in BOWIE

$1,300,000|7 bd|6.0 ba|House
$669,900|5 bd|3.5 ba|House
$470,000|4 bd|2.0 ba|House
$629,995|4 bd|3.5 ba|Townhouse
$715,000|4 bd|3.5 ba|House
$515,000|3 bd|2.5 ba|House
$390,000|4 bd|3.0 ba|Townhouse