NOT LISTED FOR SALE

2508 Lake Ave Cheverly, MD 20785

Estimated Value: $391,000 - $550,000

3 Beds
2 Baths
950 Sq Ft
$485/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $315,000 $332 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,014/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Open Floorplan
  • No HOA

About This Home

As of November 2014

Sparkling , top-notch renovation in sought-after Cheverly (a Washingtonian mag "great" neighborhood). Pleasant .5 mi to Cheverly Metro & you're in downtown DC in 20 mins! Most everything new incl all new SS appliances & granite tops. This one has all those checklist items: screened porch, ext. deck, ample back yard, off street parking, new windows, recessed lighting upgrades, 90% eff furnace. WOW!

Last Agent to Sell the Property

Jock Friar

Long & Foster Real Estate, Inc. Listed on: 10/16/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

CJ Rader

Compass License #SP98371361

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1948

Lot Details

  • 6,588 Sq Ft Lot
  • Property is zoned R55

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • Parking Space Number Location: 1
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 17020085555

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,395

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1948
  • Remarks Public: Sparkling , top-notch renovation in sought-after Cheverly (a Washingtonian mag "great" neighborhood). Pleasant .5 mi to Cheverly Metro & you're in downtown DC in 20 mins! Most everything new incl all new SS appliances & granite tops. This one has all those checklist items: screened porch, ext. deck, ample back yard, off street parking, new windows, recessed lighting upgrades, 90% eff furnace. WOW!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 2508

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 1
  • Type Of Parking: Off Street

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 105500.00
  • Land Assessed Value: 70200.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6588
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6588.00
  • Year Assessed: 2014
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14686055
  • Tax Annual Amount: 3394.87
  • Assessor Parcel Number: 17020085555
  • Tax Lot: 14
  • Tax Page Number: 254
  • Tax Total Finished Sq Ft: 950
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 11/21/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Ford Brianna M and Wilson Darryl A
Bought by
Ford Brianna M
Current Estimated Value
$460,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Outstanding Balance
$261,229
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$215,076

Purchase Details

Listed on
Oct 16, 2014
Closed on
Nov 21, 2014
Sold by
Jim Fuller Of Speedy Home Buyers Llc
Bought by
Ford Brianna M and Wilson Darryl A
Seller's Agent
Jock Friar
Long & Foster Real Estate, Inc.
Buyer's Agent
CJ Rader
Compass
List Price
$317,000
Sold Price
$315,000
Premium/Discount to List
-$2,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$309,294
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2014
Sold by
Coleman Samantha Kate
Bought by
Speedy Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.18%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 1985
Sold by
Delgado Manuel A R
Bought by
Coleman Janice L
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
Ford Brianna M -- Kvs Title Llc
Ford Brianna M $315,000 Sage Title Group Llc
Speedy Home Buyers Llc $125,242 King Title Company Inc
Coleman Janice L $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landers Brianna M Ford $133,217
Open Ford Brianna M $292,250
Previous Owner Ford Brianna M $309,294
Previous Owner Speedy Home Buyers Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $315,000 -0.6% $332 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $317,000 -- $334 / 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 $5,658 $318,733 $0 $0
2023 $5,222 $300,900 $100,500 $200,400
2022 $4,910 $296,033 $0 $0
2021 $4,757 $291,167 $0 $0
2020 $4,747 $286,300 $100,200 $186,100
2019 $4,551 $269,167 $0 $0
2018 $4,334 $252,033 $0 $0
2017 $4,205 $234,900 $0 $0
2016 -- $215,167 $0 $0
2015 $3,406 $195,433 $0 $0
2014 $3,406 $175,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003229378

Bright MLS

APN: 02-0085555