See Home Value
$589,700*
House - Off Market

10511 LAKE ARBOR WAY

BOWIE, MD 20721
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2348 Sqft
$482,000 - $588,000
Reference Base Price*
10.22%
Since Nov 1, 2021
DC-Washington
Primary Model
Sold May 28, 2021
$525,000
$515,490 by Caliber Home Loans Inc
Mortgage Due Jun 01, 2051
Sold Apr 05, 1989
$185,000

About This Property

Spacious Bowie/Prince Georges 5 bedroom 3 full bath Colonial home in the desirable Lake Arbor Community.  Your eyes are immediately drawn to the beautiful marble floors and elegant chandelier in the foyer. Spacious owner's suite, private dining room and upgraded full bathroom in basement. Brand new beautiful spacious kitchen with pot filler over stove! Very well kept flooring throughout property. Basement also features wonderful wet bar for entertaining.  Spacious bonus room in basement with spacious closet space. Walkout deck on main level and basement level!  Located near all your shopping needs,  restaurants,  retail stores and more. Also located near the new Hospital and shopping center that will be opening very soon!!!

The manager has listed the unit size as 2348 square feet.
Unit Size
2,348Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$228
Property Type
House
Property Taxes
$4,981
HOA Dues
$5
Year Built
1988

Price History

Date / Event Date Event Price
Oct 9, 2021 No longer available -
No longer available
May 28, 2021 Sold to Abidemi B Coker, Islammiyat... $525,000
Sold to Abidemi B Coker, Islammiyat...
Mar 2, 2021 In contract -
In contract
Mar 2, 2021 Price Increased $535,000
↑ $35K (7%)
Price Increased
Feb 4, 2021 Listed $500,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,539
  • Total Building Area: 2,348
  • Gross Building Area: 2,348
  • Building Area: 2,348
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHLAKE
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHLAKE- PLAT 7

Ownership

  • Current Owner : COKER ABIDEMI B
  • Current Owner 2: COKER ISLAMMIYAT OMOTOLA
  • Previous Owner : RICHARDSON JOYCE
  • Owner Before Previous Owner: PORTEN SULLIVAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 803528

Zoning

  • Zoning: LCD

Geography

  • Assessors Map Reference: 68 A1 0
  • Account Number: 1452390
  • District: 13
  • Parcel: 13-1452390
  • Block: A
  • Lot: 313
  • Latitude: 38.9068
  • Longitude: -76.8245

    Address

  • Full Address: 10511 Lake Arbor Way
  • Address - House Number: 10511
  • Address - Street Name: Lake Arbor
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Bowie
  • Carrier Code: C015
  • 4-Digit Zip Code: 3134
  • Zip Code: 20721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,550

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 594,890
  • High Value: 709,715
  • Low Value: 480,065

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $557,117
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $515,490
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 21, 2023
  • Second Open Lien Mortgage Loan Amount: $41,627
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $409,200
  • Market Land Value: $92,100
  • Market Improvement Value: $317,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,200
  • Assessed Land Value: $92,100
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11838196957
  • Current Sale Price: $525,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 05, 1989
  • Previous Sale Contract Date: Apr 05, 1989
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $515,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
2,716 ft²
$232/ft²
$631,000 Apr 21, 2023
$631,000 Jun 8, 2023
$300/mo
House
4 Beds
4 Baths
2,128 ft²
$277/ft²
$590,000 Aug 8, 2023
$590,000 Sep 13, 2023
$190/mo
House
4 Beds
3 Baths
2,260 ft²
$254/ft²
$575,000 Oct 6, 2023
$575,000 Oct 31, 2023
$190/mo
House
6 Beds
4 Baths
2,488 ft²
$261/ft²
$650,000 Sep 21, 2023
$650,000 Nov 7, 2023
$283/mo
House
4 Beds
3 Baths
2,740 ft²
$204/ft²
$560,000 May 4, 2023
$560,000 Jun 30, 2023
$300/mo
House
4 Beds
4 Baths
2,080 ft²
$275/ft²
$572,000 Sep 2, 2023
$572,000 Oct 27, 2023
$283/mo
House
4 Beds
4 Baths
2,338 ft²
$254/ft²
$593,000 Sep 30, 2023
-
$180/mo
House
4 Beds
4 Baths
2,270 ft²
$247/ft²
$560,000 Nov 5, 2023
-
$100/mo
House
4 Beds
4 Baths
2,308 ft²
$249/ft²
$575,000 Aug 1, 2023
-
$283/mo
House
4 Beds
4 Baths
2,660 ft²
$225/ft²
$599,000 Dec 6, 2023
-
$90/mo
House
4 Beds
3.5 Baths
1,852 ft²
$297/ft²
$549,900 Oct 21, 2023
-
$612/mo
House
4 Beds
4 Baths
1,852 ft²
$297/ft²
$549,900 Oct 21, 2023
-
$180/mo

About Lake Arbor


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Frequently Asked Questions

When was property at 10511 Lake Arbor Way built and last sold?
The property at 10511 Lake Arbor Way was built in 1988 and last sold on May 5, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 10511 Lake Arbor Way is $539,542.
What are some comparable homes to 10511 Lake Arbor Way?
There are currently no comparable homes to 10511 Lake Arbor Way.

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