NOT LISTED FOR SALE

2603 Cheverly Ave Cheverly, MD 20785

Estimated Value: $526,989 - $728,000

4 Beds
3.5 Baths
1,969 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $436,000 $221 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,820/month

4 Days on Market

Highlights

  • Gourmet Kitchen
  • 1 Fireplace
  • 1 Car Detached Garage
  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2016

Stunning renovated totally upgraded but still retaining all it's charm. Beautiful stone work inside and out. Level yard with detached garage. Fully upgraded kitchen with granite, new cabinets and stainless steel appliances, completely updated bathrooms with gorgeous tile work and new fixtures and fittings. Fully finished basement with custom bar and wine cooler - perfect for entertaining! Hurry!

Last Agent to Sell the Property

Leo Pareja

(703) 646-7522 leo@remine.com Leo Pareja Referral Company Listed on: 03/18/2016

Co-Listed By

Linda Christensen

(571) 275-0769 lchristensen01@aol.com Homestead Realty

Last Buyer's Agent

Chukwuemeka Mokwunye

(202) 415-0271 emeka.m@gmail.com Compass License #645115

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1936

Lot Details

  • 7,773 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R55

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Connecting Stairway
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17020120402

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,598

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1936
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 250600.00
  • Land Assessed Value: 70300.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7773
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7773.00
  • Property Condition: Very Good
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14477452
  • Tax Annual Amount: 5598.00
  • Assessor Parcel Number: 17020120402
  • Tax Lot: 6
  • Tax Page Number: 947
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 26, 2016
Sold by
Wasena 2 Llc
Bought by
Smith Alexander F and Smith Brianna L
Seller's Agent
Leo Pareja
Leo Pareja Referral Company
Buyer's Agent
Chukwuemeka Mokwunye
Compass
List Price
$424,900
Sold Price
$436,000
Premium/Discount to List
$11,100
2.61%
Current Estimated Value
$596,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,247
Avg. Annual Appreciation
3.32%
Original Mortgage
$336,000
Outstanding Balance
$267,194
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$329,053

Purchase Details

Closed on
Sep 15, 2015
Sold by
Heinbuch Mary Jane
Bought by
Wasena 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Alexander F $436,000 Title Forward
Wasena 2 Llc $180,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alexander F $336,000
Previous Owner Wasena 2 Llc $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $436,000 +2.6% $221 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $424,900 -- $216 / 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 $8,160 $453,167 -- --
2024 $8,160 $441,633 $0 $0
2023 $7,675 $430,100 $100,700 $329,400
2022 $7,139 $415,700 $0 $0
2021 $6,836 $401,300 $0 $0
2020 $6,741 $386,900 $100,300 $286,600
2019 $6,483 $364,900 $0 $0
2018 $6,193 $342,900 $0 $0
2017 $6,028 $320,900 $0 $0
2016 -- $302,333 $0 $0
2015 $4,842 $283,767 $0 $0
2014 $4,842 $265,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002391948

Bright MLS

APN: 02-0120402