NOT LISTED FOR SALE

2540 Wayne Place Cheverly, MD 20785

Estimated Value: $539,000 - $571,000

4 Beds
3.5 Baths
2,960 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $510,000 $172 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,753/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Den
  • Traditional Floor Plan
  • No HOA
  • Breakfast Area or Nook

About This Home

As of March 2023

$$$$$$$*******BEST PRICED 4BR 3.5BA COLONIAL IN CHEVERLY*******$$$$$$$
"LARGE ROOMS THROUGHOUT". A SHINY PENNY TO DECORATE YOUR WAY! ALL NEUTRAL FRESH PAINT WITHIN , THIS 3 LEVEL BRICK & SIDING HOME FEATURES A COZY WOOD BURNING FIREPLACE IN THE FAMILY ROOM. THERE ARE 4 BRs ON THE SECOND LEVEL ( WHERE ONE RIGHT NOW IS USED AS A SEPARATE OFFICE SPACE THAT IS AN EASY CONVERSION ) , 2 FULL BATHS UPSTAIRES & 1 POWDER ROOM ON THE MAIN LEVEL. THE LOWER REAR WALK OUT LEVEL FEATURES A NICE SEPARATE EFFICIENCY TYPE LIVING SPACE. THIS LEVEL HAS A HUGH LAUNDRY ROOM , CEDAR CLOSET, EXTRA STORAGE & A FULL BATH TOO! THE INTERIOR REAR OF THE HOME FEATURES STAINLESS STEEL APPLIANCES IN THE COMFORTABLE KITCHEN & A BREAKFAST AREA THAT LEADS TO A SCREENED IN PORCH & A DELIGHTFUL DECK THAT OVERLOOKS THE YARD. THE 2 VEHICLE ATTACHED GARAGE ( NOW USED FOR MOVING & STORAGE ITEMS ) HAS A FRESHLY BLACKTOPED DRIVEWAY ENTRANCE THAT CAN HOLD 2 TO 4 VEHICLES , AS WELL. PRICED PERFECT FOR ALL THE INTERIOR SPACE & LOCATED ON A QUAINT CUL DE SAC, THIS IS A "MUST SEE" PROPERTY TO VIEW. THE OWNER IS GREAT TO WORK WITH ( WHO MAY NEED A SHORT RENT BACK ) & HOME IS MOVE IN READY NOW. AS A COURTESY TO THE OWNER , PLEASE REMOVE SHOES & KINDLY WEAR A MASK DURING YOUR VIEWING. THANKS IN ADVANCE .

Last Agent to Sell the Property

Justine Pompei

(410) 707-3287 home4happiness@gmail.com RE/MAX Realty Group License #35039 Listed on: 03/07/2023

RE/MAX Realty Group

Last Buyer's Agent

Tracy Zhang

(301) 875-1098 chzinvestment@gmail.com Taylor Properties License #671928

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,943

Year Built

  • Built in 1981

Lot Details

  • 0.27 Acre Lot
  • Property is in excellent condition
  • Property is zoned RSF65

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Double Hung Windows
  • Casement Windows
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 120/240V
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 17020127308

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,943

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-03-07
  • Year Built: 1981
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven - Single, Oven - Wall, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Carpet, Laminated, Vinyl
  • Interior Amenities: Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Breakfast Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Walk-In Closet(s), Window Treatments
  • Window Features: Double Hung, Casement
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Laundry, Bathroom 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Total Sq Ft: 5920
  • Living Area Sq Ft: 2960
  • Price Per Sq Ft: 250.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Unfinished Sq Ft: 2000
  • Below Grade Finished Sq Ft: 960
  • Below Grade Sq Ft: 960
  • Total Below Grade Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric, Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 378000.00
  • Land Assessed Value: 103500.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11705.00
  • Property Condition: Excellent
  • Zoning: RSF65
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14686277
  • Tax Annual Amount: 8943.00
  • Assessor Parcel Number: 17020127308
  • Tax Lot: 16
  • Tax Page Number: 654
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 30, 2023
Sold by
Gary L Williams L and Gary Gwendolyn S
Bought by
Zhang Cheng Li
Seller's Agent
Justine Pompei
RE/MAX Realty Group
Buyer's Agent
Tracy Zhang
Taylor Properties
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Views
11
Current Estimated Value
$557,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,045
Avg. Annual Appreciation
3.26%
Original Mortgage
$382,500
Outstanding Balance
$371,269
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$185,776

Purchase Details

Closed on
Mar 10, 2008
Sold by
Williams Gary L
Bought by
Williams Gary L and Lv T Gwendolyn S

Purchase Details

Closed on
Feb 12, 2008
Sold by
Williams Gary L
Bought by
Williams Gary L and Lv T Gwendolyn S

Purchase Details

Closed on
Jun 18, 1984
Sold by
Vaccaro Robert C
Bought by
Williams Gary L and Williams Gwendolyn S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Cheng Li $510,000 Fidelity National Title
Williams Gary L -- --
Williams Gary L -- --
Williams Gary L $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Cheng Li $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $510,000 +2.0% $172 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $500,000 -- $169 / 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
2025 $10,007 $506,833 -- --
2024 $10,007 $494,167 $0 $0
2023 $9,453 $481,500 $103,500 $378,000
2022 $6,896 $469,500 $0 $0
2021 $14,091 $457,500 $0 $0
2020 $6,548 $445,500 $102,700 $342,800
2019 $6,145 $398,600 $0 $0
2018 $5,748 $351,700 $0 $0
2017 $5,493 $304,800 $0 $0
2016 -- $300,300 $0 $0
2015 -- $295,800 $0 $0
2014 $4,896 $291,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2071492

Bright MLS

APN: 02-0127308