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603 Falls Lake Dr

Bowie, MD 20721

4 bd 4 ba 2,096 sqft Built 1997 Lot 8,357 sqft single_family
Most recent sale
$505,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $505,000 MLS #MDPG2039558
Aug 8, 2022 Price changed $490,000 MLS #MDPG2039558
Jun 10, 2022 Relisted $545,000 MLS #MDPG2039558
Apr 23, 2022 Listed $469,000 MLS #MDPG2039558
Jun 25, 1996 Sold $196,900 Public Record
Apr 15, 1996 Sold $33,300 Public Record
Apr 11, 1996 Sold $33,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $453,200 $7,134
2024 $453,200 $6,626
2023 $284,200 $100,800 $385,000 $6,118
2021 $369,400 $5,887
2020 $291,200 $70,400 $361,600 $5,771
2019 $347,533 $5,562
2018 $333,467 $5,996
2017 $249,000 $70,400 $319,400 $5,787
2016 $296,700 $5,450
2015 $296,700 $5,112
2014 $180,900 $70,400 $251,300 $4,616
2013 $251,300 $4,569
2012 $251,300 $4,595
2011 $373,290 $6,247
2010 $373,290 $6,247
2009 $367,366 $6,153
2008 $355,520 $2,535

Property facts

Year built
1997
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
2,096 sqft
Lot size
8,357 sqft
ZIP code
20721
City
Bowie
Street
Falls Lake Dr
Coordinates
38.90239, -76.82680

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,144
Gross rental yield
7.47%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 603 Falls Lake Dr last sell?
603 Falls Lake Dr most recently sold on Sep 16, 2022 for $505,000.
What is the current tax assessment for 603 Falls Lake Dr?
The most recent total assessment for 603 Falls Lake Dr (year 2025) is $453,200 with $7,134 in property tax.
How does 603 Falls Lake Dr's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $505,000.
When was 603 Falls Lake Dr built?
603 Falls Lake Dr was built in 1997.
How does 603 Falls Lake Dr compare to others on Falls Lake Dr?
We track 1 other property on Falls Lake Dr. Browse the list under "Other properties on Falls Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 603 Falls Lake Dr?
603 Falls Lake Dr is a 4 bed, 4 bath, 2,096 sqft, 8,357 sqft lot single_family.
Is 603 Falls Lake Dr a flip candidate?
No — 603 Falls Lake Dr does not appear in our flips dataset.
Is 603 Falls Lake Dr a tax-appeal candidate?
No — 603 Falls Lake Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.6%
2026 Q3
$592.1K
2026 Q4
$591.2K
ZIP 20721 — Median Price History + Forecast

Explore nearby

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