NOT LISTED FOR SALE

3111 Lake Ave Cheverly, MD 20785

Estimated Value: $475,000 - $532,000

3 Beds
1 Bath
1,472 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $325,000 $221 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,274/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • Property is in very good condition

About This Home

As of March 2021

Escape to Paradise. Nestled on quiet street in Cheverly . Lovely one level home with granite counters, wood floors, stainless appliances, fireplace and open floor plan. Exterior features front patio and extensive rear deck with storage shed; Close to major routes, 1.4 miles to Cheverly Metro, and 1.7 miles to Capital Plaza.

Last Agent to Rent the Property

Michelle Johnson

Tri-State Realty LLC Listed on: 02/09/2021

Last Renter's Agent

Michelle Johnson

Tri-State Realty LLC Listed on: 02/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,982

Year Built

  • Built in 1939

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R55

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,472 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,900
  • Tenant pays for electricity, gas, sewer, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 2/22/21
  • $30 Application Fee
  • $50 Repair Deductible
  • Assessor Parcel Number 17020096081

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,982

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Date Available: 2021-02-22
  • Application Fee: 30.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • New Construction: No
  • Story List: Main
  • Year Built: 1939
  • Remarks Public: Escape to Paradise. Nestled on quiet street in Cheverly . Lovely one level home with granite counters, wood floors, stainless appliances, fireplace and open floor plan. Exterior features front patio and extensive rear deck with storage shed; Close to major routes, 1.4 miles to Cheverly Metro, and 1.7 miles to Capital Plaza.
  • Repair Deductible: 50.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1472
  • Living Area Sq Ft: 1472
  • Price Per Sq Ft: 1.29
  • Above Grade Finished Sq Ft: 1472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3111

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • 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

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.17
  • Lot Sq Ft: 7500.00
  • Property Condition: Very Good
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 14666056
  • Assessor Parcel Number: 17020096081
  • Tax Total Finished Sq Ft: 1472
  • Tax Data Updated: Yes
  • Close Date: 03/10/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Turner Luther C and Pack Rayner T
Bought by
Turner Luther C
Current Estimated Value
$494,068

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jun 24, 2016
Sold by
Mcleod Dara K
Bought by
Turner Luther C and Pack Rayner T
Seller's Agent
Jock Friar
Long & Foster Real Estate, Inc.
Buyer's Agent
Sebrena Woods
Fairfax Realty Select
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$319,113
Outstanding Balance
$255,506
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$264,259

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jul 28, 2014
Sold by
Friar Malcolm
Bought by
Mcleod Dara K
Seller's Agent
Thomas Hennerty
NetRealtyNow.com, LLC
Buyer's Agent
Jock Friar
Long & Foster Real Estate, Inc.
List Price
$319,000
Sold Price
$309,000
Premium/Discount to List
-$10,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$303,403
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2006
Sold by
Buniak John
Bought by
Friar Malcolm K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Buniak John
Bought by
Friar Malcolm K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2000
Sold by
Buniak John and Buniak Elsie G
Bought by
Buniak John
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Turner Luther C -- None Available
Turner Luther C $325,000 First American Title Ins Co
Mcleod Dara K $309,000 First American Title Ins Co
Friar Malcolm K $249,000 --
Friar Malcolm K $249,000 --
Buniak John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Luther C $88,567
Open Turner Luther C $319,113
Previous Owner Mcleod Dara K $303,403
Previous Owner Friar Malcolm K $189,000
Previous Owner Friar Malcolm K $25,000
Previous Owner Friar Malcolm K $199,100
Previous Owner Friar Malcolm K $199,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Rented $1,950 +2.6% --
02/28/2021 02/28/21 Off Market $1,900 -- --
02/10/2021 02/10/21 For Rent $1,900 0.0% --
02/09/2021 02/09/21 Off Market $1,900 -- --
06/27/2016 06/27/16 Sold $325,000 0.0% $221 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/06/2016 05/06/16 Price Changed $325,000 -1.5% $221 / Sq Ft
04/13/2016 04/13/16 Price Changed $330,000 -2.9% $224 / Sq Ft
03/09/2016 03/09/16 For Sale $340,000 +10.0% $231 / Sq Ft
07/28/2014 07/28/14 Sold $309,000 0.0% $210 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
06/07/2014 06/07/14 Price Changed $309,000 -3.1% $210 / Sq Ft
04/18/2014 04/18/14 For Sale $319,000 0.0% $217 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $319,000 -- $217 / 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 $6,982 $348,133 $0 $0
2023 $6,304 $330,100 $100,700 $229,400
2022 $5,922 $324,800 $0 $0
2021 $5,725 $319,500 $0 $0
2020 $5,708 $314,200 $100,300 $213,900
2019 $5,532 $300,000 $0 $0
2018 $5,327 $285,800 $0 $0
2017 $5,228 $271,600 $0 $0
2016 -- $242,067 $0 $0
2015 $5,235 $212,533 $0 $0
2014 $5,235 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG596450

Bright MLS

APN: 02-0096081