NOT LISTED FOR SALE

2503 Valley Way Cheverly, MD 20785

Estimated Value: $545,000 - $589,974

4 Beds
3 Baths
2,840 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $500,000 $176 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,820/month

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Recreation Room
  • Bamboo Flooring
  • 5-minute walk to Pinkey's Park

About This Home

As of May 2021

Move in ready to this classic brick cape! Light filled with open spaces, this home has new interior paint, new w/w carpeting, newly refinished wood floors in 3 main level bedrooms, new luxury vinyl floor in kitchen. ******Recently, kitchen was remodeled with granite countertops, cherry cabinets, all stainless steel appliances including gas stove; deep bowl double sink. Space for small table too. All bathrooms were remodeled recently too.****Living room has wood fireplace. Bamboo flooring in both LR & DR. Enclosed sun room with storage space. *****Upper level has multiple uses: family room, den, bedroom (w/o closet). Full bathroom also included. *****Lower level has large, open recreation room; bedroom with built in shelves and large closet; full bathroom; laundry room; furnace room and garage. Recent thermal pane windows throughout. Short walk to Cheverly Metro.

Last Agent to Sell the Property

Keren Kuo

(301) 910-1991 kerenkuo@gmail.com Samson Properties Listed on: 05/04/2021

Samson Properties

Last Buyer's Agent

Eric Broermann

(202) 643-1480 eric@thevbgroup.com Compass License #SP98361934

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,179

Year Built

  • Built in 1951 | Remodeled in 2015

Lot Details

  • 6,912 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Cleared Lot
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition
  • Property is zoned R55

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Basement Garage
  • Front Facing Garage
  • On-Street Parking
  • Surface Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Garage Access
  • Side Basement Entry
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 17020139030

Community Details

Overview

  • No Home Owners Association
  • Cheverly Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,179

Year Built

Built in 1951 | Remodeled in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1951
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Move in ready to this classic brick cape! Light filled with open spaces, this home has new interior paint, new w/w carpeting, newly refinished wood floors in 3 main level bedrooms, new luxury vinyl floor in kitchen. ******Recently, kitchen was remodeled with granite countertops, cherry cabinets, all stainless steel appliances including gas stove; deep bowl double sink. Space for small table too. All bathrooms were remodeled recently too.****Living room has wood fireplace. Bamboo flooring in both LR & DR. Enclosed sun room with storage space. *****Upper level has multiple uses: family room, den, bedroom (w/o closet). Full bathroom also included. *****Lower level has large, open recreation room; bedroom with built in shelves and large closet; full bathroom; laundry room; furnace room and garage. Recent thermal pane windows throughout. Short walk to Cheverly Metro.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Washer, Oven/Range - Gas
  • Flooring Type: Bamboo, Carpet, Hardwood, Partially Carpeted, Vinyl
  • Interior Amenities: Built-Ins, Carpet, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Stall Shower, Tub Shower, Wood Floors
  • Window Features: Double Pane, Double Hung, Insulated, Replacement, Screens, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Screen, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Heated, Improved, Side Entrance, Windows, Garage Access
  • Basement Finished Percent: 90.00
  • Laundry Type: Basement, Lower Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3040
  • Living Area Sq Ft: 2840
  • Price Per Sq Ft: 281.06
  • Above Grade Finished Sq Ft: 1779
  • Below Grade Finished Sq Ft: 1061
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 1261
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Fiberglass
  • Spa: No
  • 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
  • Parking Features: Paved Driveway, Surface
  • Garage Features: Basement Garage, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 2

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood, Rear, Chain Link
  • Improvement Assessed Value: 362200.00
  • Land Assessed Value: 100500.00
  • Land Use Code: 011
  • Lot Features: Cleared, Front Yard, Rear Yard
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6912.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R55
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14478823
  • Tax Annual Amount: 8179.00
  • Assessor Parcel Number: 17020139030
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 1779
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/27/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
May 27, 2021
Sold by
Wolfe Richard R and Wolfe Pamela L
Bought by
Breisblatt Joshua Benjamin and Scully Shannon
Seller's Agent
Keren Kuo
Samson Properties
Buyer's Agent
Eric Broermann
Compass
List Price
$460,000
Sold Price
$500,000
Premium/Discount to List
$40,000
8.7%
Current Estimated Value
$568,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,994
Avg. Annual Appreciation
3.02%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 2, 2015
Sold by
Nkanta Udoh J
Bought by
Wolfe Richard R and Wolfe Pamela L
Seller's Agent
Felix Nyeme
Perpetual Realty Group
Buyer's Agent
Keren Kuo
Samson Properties
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$392,755
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2013
Closed on
Jul 17, 2013
Sold by
Varghese James and James Mala S
Bought by
Nkanta Udoh J
Seller's Agent
Felix Nyeme
Perpetual Realty Group
Buyer's Agent
Felix Nyeme
Perpetual Realty Group
List Price
$149,999
Sold Price
$141,000
Premium/Discount to List
-$8,999
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.23%

Purchase Details

Closed on
Aug 19, 2005
Sold by
Johnson Ronald M
Bought by
James Mala S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 2005
Sold by
Johnson Ronald M
Bought by
James Mala S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 1995
Sold by
Ledane Emma F
Bought by
Johnson Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,550
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Breisblatt Joshua Benjamin $500,000 Allied Title Closings Llc
Wolfe Richard R $400,000 Fidelity Natl Title Ins Co
Nkanta Udoh J $141,000 Allied Title Company Llc
James Mala S $335,000 --
James Mala S $335,000 --
Johnson Ronald M $146,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breisblatt Joshua Benjamin $400,000
Previous Owner Wolfe Richard R $392,755
Previous Owner Johnson Ronald M $67,000
Previous Owner James Mala S $67,000
Previous Owner Johnson Ronald M $139,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $500,000 +8.7% $176 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $460,000 +15.0% $162 / Sq Ft
07/02/2015 07/02/15 Sold $400,000 0.0% $225 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $399,999 +183.7% $225 / Sq Ft
07/17/2013 07/17/13 Sold $141,000 -6.0% $79 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $149,999 -- $84 / 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 $9,632 $494,000 $0 $0
2023 $8,881 $462,700 $100,500 $362,200
2022 $8,443 $454,000 $0 $0
2021 $8,256 $445,300 $0 $0
2020 $8,179 $436,600 $100,200 $336,400
2019 $7,620 $421,667 $0 $0
2018 $5,822 $406,733 $0 $0
2017 $6,819 $391,800 $0 $0
2016 -- $349,933 $0 $0
2015 -- $308,067 $0 $0
2014 $5,977 $266,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG605022

Bright MLS

APN: 02-0139030