NOT LISTED FOR SALE

2406 Lake Ave Cheverly, MD 20785

Estimated Value: $430,000 - $521,000

3 Beds
1 Bath
1,204 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $380,000 $316 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,078/month

Highlights

  • Colonial Architecture
  • No HOA
  • 4-minute walk to Pinkey's Park
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

This home is located at 2406 Lake Ave, Cheverly, MD 20785 since 14 January 2021 and is currently estimated at $463,647, approximately $385 per square foot. This property was built in 1948. 2406 Lake Ave is a home located in Prince George's County with nearby schools including Gladys Noon Spellman Elementary School, G. James Gholson Middle School, and Bladensburg High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/14/2021

Last Buyer's Agent

Hannah Powell

Fathom Realty DC, LLC License #0225235416

Fathom Realty DC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1948

Lot Details

  • 5,100 Sq Ft Lot
  • Property is zoned R55

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,204 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cheverly 08 Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 17020121533

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,262

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1204
  • Living Area Sq Ft: 1204
  • Price Per Sq Ft: 315.61
  • Above Grade Finished Sq Ft: 1204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2406

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 213600.00
  • Land Assessed Value: 100100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5100.00
  • Year Assessed: 2020
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14477524
  • Tax Annual Amount: 5262.00
  • Assessor Parcel Number: 17020121533
  • Tax Lot: 43
  • Tax Page Number: 535
  • Tax Total Finished Sq Ft: 1204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/14/2020

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Sep 11, 2020
Sold by
Mccann Edward Dean and Wagley Rachel Lynn
Bought by
Silver Matthew Ryan and Silver Elizabeth Anne
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Hannah Powell
Fathom Realty DC, LLC
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$463,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,647
Avg. Annual Appreciation
4.08%
Original Mortgage
$361,000
Outstanding Balance
$321,239
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,408

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 16, 2017
Sold by
Casey Michael J and Casey Colleen M
Bought by
Mccann Edward Dean and Wagley Rachel Lynn
Seller's Agent
Susan Pruden
CENTURY 21 New Millennium
Buyer's Agent
Jason Townsend
Real Broker, LLC
List Price
$263,000
Sold Price
$292,500
Premium/Discount to List
$29,500
11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$219,375
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2010
Sold by
Clark Lisa M
Bought by
Casey Michael J and Casey Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,359
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2001
Sold by
Mitchell Bruce P
Bought by
Clark Lisa M

Purchase Details

Closed on
Dec 10, 1985
Sold by
Sweitzer Lee R
Bought by
Mitchell Bruce P and Mitchell Judy A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silver Matthew Ryan $380,000 Woodland Estate & Title Llc
Mccann Edward Dean $292,500 Kvs Title Llc
Casey Michael J $201,000 --
Clark Lisa M $133,000 --
Mitchell Bruce P $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Matthew Ryan $361,000
Previous Owner Mccann Edward Dean $219,375
Previous Owner Casey Colleen M $207,225
Previous Owner Casey Michael J $197,359
Previous Owner Clark Lisa M $387,000
Previous Owner Clark Lisa M $350,000
Previous Owner Clark Lisa M $45,750
Previous Owner Clark Lisa M $270,000
Previous Owner Clark Lisa M $15,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 For Sale $380,000 0.0% $316 / Sq Ft
09/14/2020 09/14/20 Sold $380,000 +29.9% $316 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
06/16/2017 06/16/17 Sold $292,500 +11.2% $243 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $263,000 -- $218 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,862 $349,400 $0 $0
2023 $6,359 $330,200 $100,200 $230,000
2022 $6,060 $324,700 $0 $0
2021 $5,939 $319,200 $0 $0
2020 $5,898 $313,700 $100,100 $213,600
2019 $5,426 $300,267 $0 $0
2018 $5,398 $286,833 $0 $0
2017 $4,415 $273,400 $0 $0
2016 -- $249,033 $0 $0
2015 $4,772 $224,667 $0 $0
2014 $4,772 $200,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG581196

Bright MLS

APN: 02-0121533