Back 1416 Fairlakes Place
Off Market

1416 Fairlakes Place

Lake Arbor MD 20721

5
5
2
4486 sq. ft.
10000 sq. ft.
Single-Family
Last sold for $719,786
Hameedullah VirkHameedullah Virk, last sold this property on 07 October 2024 after 43 days on market.

Overview

Beautifully renovated colonial style family house with high-end finishes. This house features 4 spacious bedrrooms and 3 fullbaths. Master suite with walk in closet. Hardwood flooring on the entire man level. The family room with cathedral ceiling. upstairs balcony overlooking family room, Library/office on main level. Fully finished basement with den office/exercise room, rec room and full bath. Wet bar, rear deck.

Features

5 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
4486 sq. ft. floor area
10000 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Lake Arbor over the last 12 months, the estimated median property value of 1416 Fairlakes Place is $679.25k.

Median value
$679.25k
Estimated value range
$405k - $2.05m
Median days on market
15
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lake Arbor. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1416 Fairlakes Place

2024
Sold
$719,786
07 Oct 2024 by Hameedullah Virk, of Samson Properties

Happy sellers in Lake Arbor

88%
88% of sellers in Lake Arbor reported that their sale price either exceeded or met their price expectations.

Lake Arbor stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Lake Arbor over the last 12 months.

Local market activity for 5 bedroom single-family properties in Lake Arbor

In the last 12 months, 43 five-bedroom single-family properties similar to 1416 Fairlakes Place, have been sold.

This represents a 20% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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