NOT LISTED FOR SALE

2704 Lake Ave Cheverly, MD 20785

Estimated Value: $443,905 - $476,000

2 Beds
2 Baths
1,008 Sq Ft
$454/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $400,000 $397 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,948/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Traditional Floor Plan
  • 1 Fireplace
  • Cape Cod Architecture
  • Wood Flooring
  • No HOA

About This Home

As of July 2021

Welcome Home to a spectacular Cape Cod centrally located on a quiet tree-lined street in the heart of Cheverly, just minutes away from the nation’s capital. This lovely home boasts its original stone facade and slate roof. You'll enjoy the beautifully landscaped yard--curb appeal! This charming and well-maintained is meticulously appointed throughout while maintaining much of its charm. The living room features a wood-burning fireplace with a brick mantel; the adjacent heated sunroom @ 100sf of additional living area and overlooks the rear yard through its wall of floor-to-ceiling windows. The formal dining room has been reconfigured (2016) to accommodate highlights of the gourmet kitchen (2016 renovation) with quartz counters, mosaic backsplash, and stainless steel appliances. You’ll be inspired by the high-end Fisher & Paykel bottom freezer refrigerator; GE Profile built-in microwave, dishwasher, and electric range; 42” Shaker-style cabinets; and recessed lighting. Special touches are found throughout this home. Enchanted by designer light fixtures, eye-catching chandelier, wall sconces, and abundant closet and storage space. Hardwood floors on the main and upper levels complimented by a freshly painted interior. Head to the basement to enjoy the newly remodeled family room complete with a full bath, recessed lights, wall-to-wall carpet, separate laundry, and utility room. There is plenty of space to add a bedroom or perhaps an office. The level walkout opens to a two-tiered patio professionally landscaped yard with a beautiful array of seasonal plants and shrubs. The pool size lot is ripe for creating an outdoor space suited for year-round relaxing and entertaining. Transportation options abound. The new asphalt driveway can easily accommodate two cars. This wide parking space is rarely found in this area. Walking distance to Cheverly Metro (Orange & Blue lines), Metrobus, minutes from New York Ave (Rte 50), BW Pkwy (Rte 295), and retail and restaurants at Costco/Lowe’s anchored Dakota Crossing shopping center. Recreational amenities include Cheverly Swim & Racquet Club, parks, and walking trails. Don't miss this opportunity to own a coveted spot in Cheverly MD, one of the region’s best-kept secrets for affordable housing. Offers, if any, due by 3pm on Wednesday, July14th

Last Agent to Sell the Property

Evelyn Branic

(202) 744-5419 ebranic@cbmove.com Coldwell Banker Realty - Washington License #BR4000163 Listed on: 07/10/2021

Coldwell Banker Realty - Washington

Last Buyer's Agent

Avery Boyce

(202) 422-3081 avery@cityandsky.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,913

Year Built

  • Built in 1941 | Remodeled in 2016

Lot Details

  • 8,520 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R55

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Recessed Lighting
  • 1 Fireplace
  • Vinyl Clad Windows
  • Casement Windows
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Basement
  • Laundry in Basement

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Shed

Schools

  • Gladys Noon Spellman Elementary School
  • Bladensburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Tax Lot 1396
  • Assessor Parcel Number 17020137737

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,913

Year Built

Built in 1941 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: File cabinets in the utility room
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 7/10/2021 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1941
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Freezer, Icemaker, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting, Wood Floors
  • Window Features: Screens, Vinyl Clad, Casement
  • Fireplaces Count: 1
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 2
  • Basement: Yes
  • Laundry Type: Basement
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 401.79
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Stone
  • Exterior Features: Secure Storage
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Monitored, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GLADYS NOON SPELLMAN
  • High School: BLADENSBURG

Lot Info

  • Lot Features: Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8520.00
  • Property Condition: Very Good
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5913.00
  • Assessor Parcel Number: 17020137737
  • Tax Lot: 1396
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 29, 2021
Sold by
Frye Thomas J
Bought by
Hoover Mark Titus and Hoover Jerilyn Renee
Seller's Agent
Evelyn Branic
Coldwell Banker Realty - Washington
Buyer's Agent
Avery Boyce
Compass
List Price
$405,000
Sold Price
$400,000
Premium/Discount to List
-$5,000
-1.23%
Current Estimated Value
$457,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,476
Avg. Annual Appreciation
3.03%
Original Mortgage
$340,000
Outstanding Balance
$307,156
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$150,320

Purchase Details

Closed on
Oct 20, 1999
Sold by
Frye Thomas J
Bought by
Frye Thomas J

Purchase Details

Closed on
Aug 26, 1999
Sold by
King Mary B
Bought by
Frye Thomas J

Purchase Details

Closed on
Jun 17, 1994
Sold by
Lackey Mildred S
Bought by
King Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,591
Interest Rate
8.5%
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
Hoover Mark Titus $400,000 Kvs Title Llc
Frye Thomas J $119,900 --
Frye Thomas J $119,900 --
King Mary B $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Mark Titus $340,000
Previous Owner King Mary B $99,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $400,000 -1.2% $397 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $405,000 -- $402 / 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 $6,878 $369,633 -- --
2024 $6,878 $350,267 -- --
2023 $6,373 $330,900 $100,900 $230,000
2022 $6,073 $325,433 $0 $0
2021 $4,701 $319,967 $0 $0
2020 $9,388 $314,500 $100,400 $214,100
2019 $5,448 $301,500 $0 $0
2018 $4,258 $288,500 $0 $0
2017 $3,964 $275,500 $0 $0
2016 -- $248,867 $0 $0
2015 $3,434 $222,233 $0 $0
2014 $3,434 $195,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2001832

Bright MLS

APN: 02-0137737