NOT LISTED FOR SALE

2707 Lake Ave Cheverly, MD 20785

Estimated Value: $527,000 - $548,797

3 Beds
2 Baths
2,029 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $446,000 $220 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,463/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Living Room
  • No HOA
  • 1 Car Direct Access Garage
  • Laundry Room

About This Home

As of January 2019

Offers due WED, 1/16, at noon. Renovated, refreshed and ready for a homeowner that wants a spacious, open and exceptional space both inside and out. Good natural light, lots of windows, large lot with plenty of nice views, green space & entertaining space in backyard. Updates and renovations include kitchen, newer roof, windows, floors, new HVAC, landscaping & more. 3 real BR and 2 full Baths on 2 finished levels with Garage, Laundry Room, wood-burning fireplace. Great feel & flow. Walk to Cheverly Metro, parks & pool. Easy access to 295, Rt. 50/NY Ave, BW Parkway, downtown DC, Capitol Hill, Hyattsville Arts District, University of MD, Annapolis, Dakota Crossing retail, Wegmans, Arboretum and more. Open THUR/SAT/SUN.

Last Agent to Sell the Property

Jason Townsend

(202) 415-7400 jason@capitalcommunityproperties.com Real Broker, LLC License #0225199869 Listed on: 01/10/2019

Real Broker, LLC

Last Buyer's Agent

Tim Barley

(202) 577-5000 Tim@barleyandbarley.com RE/MAX Allegiance License #641303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition
  • Property is zoned R55

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,029 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

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

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 17020172585

Community Details

Overview

  • No Home Owners Association
  • Cheverly Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,714

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1955
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2029
  • Living Area Sq Ft: 2029
  • Price Per Sq Ft: 202.07
  • Above Grade Finished Sq Ft: 2029
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • 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: Concrete Driveway
  • Garage Features: Garage - Side Entry, Inside Access, Built In, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12026.00
  • Property Condition: Very Good
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4714.00
  • Assessor Parcel Number: 17020172585
  • Tax Lot: 53
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jan 30, 2019
Sold by
Reju Maya V
Bought by
Wilson Emily Catherine and Schwark Steven August
Seller's Agent
Jason Townsend
Real Broker, LLC
Buyer's Agent
Tim Barley
RE/MAX Allegiance
List Price
$410,000
Sold Price
$446,000
Premium/Discount to List
$36,000
8.78%
Current Estimated Value
$538,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,199
Avg. Annual Appreciation
2.74%
Original Mortgage
$356,800
Outstanding Balance
$312,413
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$225,786

Purchase Details

Closed on
Jan 22, 2008
Sold by
Arthur Patrick D
Bought by
Reju Maya

Purchase Details

Closed on
Jan 15, 2008
Sold by
Arthur Patrick D
Bought by
Reju Maya

Purchase Details

Closed on
Apr 5, 1995
Sold by
Bloch Nancy J
Bought by
Arthur Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,517
Interest Rate
8.66%

Purchase Details

Closed on
Jan 14, 1987
Sold by
Atkinson James G
Bought by
Bloch Nancy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilson Emily Catherine $446,000 Woodland Estate & Title Llc
Reju Maya $365,000 --
Reju Maya $365,000 --
Arthur Patrick D $144,500 --
Bloch Nancy J $92,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Emily Catherine $356,800
Previous Owner Arthur Patrick D $136,517
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $446,000 +8.8% $220 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $410,000 -- $202 / 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 $7,782 $507,900 -- --
2024 $7,782 $456,800 -- --
2023 $7,017 $405,700 $101,600 $304,100
2022 $6,303 $371,233 $0 $0
2021 $5,834 $336,767 $0 $0
2020 $11,139 $302,300 $100,800 $201,500
2019 $5,114 $283,033 $0 $0
2018 $0 $263,767 $0 $0
2017 $4,395 $244,500 $0 $0
2016 -- $232,867 $0 $0
2015 $5,718 $221,233 $0 $0
2014 $5,718 $209,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG377116

Bright MLS

APN: 02-0172585