NOT LISTED FOR SALE

2431 Lake Ave Cheverly, MD 20785

Estimated Value: $491,000 - $582,000

4 Beds
3 Baths
2,557 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $400,000 $156 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,728/month

12 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1 Car Attached Garage
  • 1 Fireplace
  • Community Pool
  • Parking Storage or Cabinetry

About This Home

As of March 2019

Heavenly Cheverly barely 6 miles from the seat of the nation, less from the Hill, from work to vacation in 15 minutes flat. In this instance the short distance seems inconsistent with the feeling you get, driving through, curvy roads, neighbors waiving, trees shading a solid brick detached haven on a patch of grass 5000 feet big. A growing up home, room to roam, a 1950's feel with state-of-the-art upgrades. A classic chassis with 8 cylinders under the hood, a warm fire, cool kitchen, two bedrooms and a bath on each floor, peaceful porch, attached garage. Yum.

Last Agent to Sell the Property

Tim Barley

RE/MAX Allegiance License #641303 Listed on: 02/07/2019

Last Buyer's Agent

Jared Russell

Real Broker, LLC License #SP98374453

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1946

Lot Details

  • 5,168 Sq Ft Lot
  • North Facing Home
  • Property is zoned R55

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Basement Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Connecting Stairway
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 17020108936

Community Details

Overview

  • No Home Owners Association
  • Cheverly Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1946
  • Remarks Public: Heavenly Cheverly barely 6 miles from the seat of the nation, less from the Hill, from work to vacation in 15 minutes flat. In this instance the short distance seems inconsistent with the feeling you get, driving through, curvy roads, neighbors waiving, trees shading a solid brick detached haven on a patch of grass 5000 feet big. A growing up home, room to roam, a 1950's feel with state-of-the-art upgrades. A classic chassis with 8 cylinders under the hood, a warm fire, cool kitchen, two bedrooms and a bath on each floor, peaceful porch, attached garage. Yum.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2557
  • Living Area Sq Ft: 2557
  • Price Per Sq Ft: 294.75
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Finished Sq Ft: 1205
  • Total Below Grade Sq Ft: 1205
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2431

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Additional Storage Area, Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off 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
  • 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: 263700.00
  • Land Assessed Value: 100100.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5168.00
  • Year Assessed: 2018
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14476584
  • Tax Annual Amount: 6194.00
  • Assessor Parcel Number: 17020108936
  • Tax Lot: 25
  • Tax Page Number: 500
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/29/2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 29, 2019
Sold by
Heinrichs Hanz and Heinrichs Rebeccah
Bought by
Stahley Peter A and Stahley Anne V
Seller's Agent
Tim Barley
RE/MAX Allegiance
Buyer's Agent
Jared Russell
Real Broker, LLC
List Price
$398,500
Sold Price
$400,000
Premium/Discount to List
$1,500
0.38%
Current Estimated Value
$557,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,588
Avg. Annual Appreciation
5.56%
Original Mortgage
$380,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Smith Harvey L
Bought by
Heinrichs Hanz and Heinrichs Rebeccah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 27, 2006
Sold by
Smith Harvey L
Bought by
Smith Harvey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
7.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 2006
Sold by
Smith Harvey L
Bought by
Smith Harvey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
7.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 12, 1990
Sold by
Davis Robert E
Bought by
Smith Harvey L and Smith Vicky C
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
Stahley Peter A $400,000 Monarch Title Inc
Heinrichs Hanz $220,000 --
Smith Harvey L -- --
Smith Harvey L -- --
Smith Harvey L $142,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stahley Peter A $380,600
Closed Stahley Peter A $380,000
Previous Owner Stahley Peter A $380,000
Previous Owner Heinrichs Hanz C $240,000
Previous Owner Heinrichs Hanz $198,000
Previous Owner Smith Harvey L $356,772
Previous Owner Smith Harvey L $311,900
Previous Owner Smith Harvey L $311,900
Previous Owner Smith Harvey Louis $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $400,000 +0.4% $156 / Sq Ft
02/07/2019 02/07/19 For Sale $398,500 -- $156 / 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 $8,102 $413,133 $0 $0
2023 $5,739 $390,700 $100,200 $290,500
2022 $5,607 $381,733 $0 $0
2021 $6,819 $372,767 $0 $0
2020 $13,540 $363,800 $100,100 $263,700
2019 $6,325 $350,033 $0 $0
2018 $6,344 $336,267 $0 $0
2017 $5,658 $322,500 $0 $0
2016 -- $289,700 $0 $0
2015 $4,195 $256,900 $0 $0
2014 $4,195 $224,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Barley

    Seller's Agent in 2019

    Tim Barley

    RE/MAX

    (202) 577-5000

    25 in this area

    306 Total Sales

    Section Image
  • Jared Russell

    Buyer's Agent in 2019

    Jared Russell

    Real Broker, LLC

    (301) 798-6100

    2 in this area

    129 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG459714

Bright MLS

APN: 02-0108936

Maryland Prince George's County Cheverly 20785

2431 Lake Ave, Cheverly, MD

This home is located at 2431 Lake Ave, Cheverly, MD 20785 since 07 February 2019 and is currently estimated at $540,490, approximately $211 per square foot. This property was built in 1946. 2431 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.

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