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705 Falls Lake Dr; Bowie, MD Property Details

705 Falls Lake Dr, Bowie, MD is a Single Family that was built in 1996. This property is currently Financed and is not for sale. Our records show that 705 Falls Lake Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,408 square feet. The lot size of 705 Falls Lake Dr is 9,412 square feet.

Off market
705 Falls Lake Dr Bowie, MD 20721
$375,000 Listing Price
4 Beds
2.5 Baths
2,408 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1996
  • Purchase Price: $375,000
  • Open Loans / Balance: 1 / $259,963
  • Est. Equity / %: $383,037 / 59.57%
  • Gross Yield: 8.213%
  • APN: 13-1526235
  • Situs County: Prince George's
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 2,408/SqFt
  • Lot: 9,412/SqFt
  • Gross: 2,808/SqFt
  • Garage: 400/SqFt
  • Living: 2,408/SqFt
  • Building: 2,808/SqFt
  • Ground: 1,496/SqFt
  • Price Per Square Foot: $155.73

Legal Description

  • Description: PLAT 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Prince George's County Public Schools
  • Lat / Lon: 38.90171 / -76.82877
  • Subdivision: Arbor Park
  • Property Class: Residential
  • Zoning: LCD
  • County Use Code: R-C001

Amenities

  • Plus Four: 3166
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $125
  • H O A Amount: $125
  • H O A One Frequency: Monthly
  • H O A One Name: Master Homeowners Association For Lake Arbor Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Arbor Park Community Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

705 Falls Lake Dr has no associated ownership info
705 Falls Lake Dr has no associated ownership info.

Taxes

705 Falls Lake Dr has 9 associated Taxes items

705 Falls Lake Dr, Bowie, MD pays taxes in Prince George's County, MD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $499,900. The APN we've located for 705 Falls Lake Dr is 13-1526235.

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Taxes
  • Assessed Value:  $499,900
  • Assessed Year:  2025
  • Assessed County:  Prince George's
  • APN:  13-1526235
  • Market Land Value:  126000
  • Tax Amount:  7239
  • Tax Year:  2024
  • Market Value:  539500
  • Market Year:  2025

Tax History

705 Falls Lake Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $499,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $460,300 Land Value Improvement Value Tax Amount $7,239 Change Rate +0.547397% Assessed CR Tax Rate +0.015727%
Year 2023 Assessed Value $420,700 Land Value $101,000 Improvement Value $319,700 Tax Amount $4,678.18 Change Rate +0.02153% Assessed CR Tax Rate +0.01112%
Year 2022 Assessed Value $411,833 Land Value Improvement Value Tax Amount $4,579.58 Change Rate Assessed CR Tax Rate +0.01112%
Year 2021 Assessed Value $402,967 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $394,100 Land Value $70,500 Improvement Value $323,600 Tax Amount $6,254.12 Change Rate +0.038666% Assessed CR Tax Rate +0.015869%
Year 2019 Assessed Value $378,433 Land Value Improvement Value Tax Amount $6,021.3 Change Rate -0.068795% Assessed CR Tax Rate +0.015911%
Year 2018 Assessed Value $362,767 Land Value Improvement Value Tax Amount $6,466.14 Change Rate +0.253636% Assessed CR Tax Rate +0.017824%
Year 2017 Assessed Value $347,100 Land Value Improvement Value Tax Amount $5,157.91 Change Rate Assessed CR Tax Rate +0.01486%
Year 2016 Assessed Value $321,933 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $296,767 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $271,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,418.35 Change Rate Assessed CR Tax Rate