NOT LISTED FOR SALE

3406 Laurel Ave Cheverly, MD 20785

Estimated Value: $465,000 - $520,000

3 Beds
2.5 Baths
1,818 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $485,000 $267 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,344/month

28 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 1 Car Attached Garage
  • Spanish Architecture
  • Porch
  • Screened Patio

About This Home

As of January 2024

MOVE IN BEFORE CHRISTMAS…AND BE HOME FOR THE HOLIDAYS!!
***Seller offering a one point buydown or VA assumable loan*** Please inquire for more details. Welcome to a rare find in the heart of the Cheverly community—a meticulously maintained 3-bedroom, 2-bath Spanish Mission style home. The main floor of this home boasts an open-concept design, creating a spacious and welcoming atmosphere filled with natural light. Recent window installations throughout the main floor illuminate the interior, creating a warm and inviting environment. You'll also discover a wood-burning fireplace complemented by stunning wood floors. The kitchen is a true highlight, featuring beautiful countertops and modern appliances.

Venture to the basement, where you'll find a guest room or 4th bedroom and a full bathroom. The basement also offers ample space for entertaining friends and family.

A new heating and air conditioning system was installed just weeks ago, ensuring your year-round comfort.

Outside, you'll be pleasantly surprised by the screened-in-back deck and the comfortable backyard, a rarity in this area. Additionally, the property features a driveway and garage, providing convenient and secure parking—a true luxury in the Cheverly neighborhood.

For those with a daily commute, you'll appreciate the easy access to major routes such as 202, 295, Rt 50, and Cheverly Metro. This central location makes getting to Joint Base Andrews, The Pentagon, Washington Navy Yard, and Fort George G Mead a breeze.

In your free time, you'll have a wealth of options. The Cheverly Swim & Racquet Club, Cheverly Metro, and the Farmers Market are just a stone's throw away. Access to downtown DC, Capitol Hill, Hyattsville Art District, UMD, and an array of shopping options, including Dakota Crossing (Lowes, Costco, Starbucks), Woodmore Town Center (Wegmans and more), and Landover Road (Aldi, Walgreens), is incredibly convenient.

Cheverly is a community with a vibrant social scene. There's a group, club, or organization to suit every interest. Don't miss the annual Cheverly Day festivities.
Lastly, for peace of mind when you're away, the Cheverly Police Department offers a home check service to ensure your property and belongings are safe and sound. Learn more about Cheverly at cheverly-md.gov

Don't let this exceptional opportunity slip away. Schedule a viewing today and experience the unique charm and convenience this property has to offer.

Last Agent to Sell the Property

Aaron Oelrich

OE Realty License #0225262816 Listed on: 11/01/2023

Last Buyer's Agent

Karen Richardson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,538

Year Built

  • Built in 1935 | Remodeled in 2016

Lot Details

  • 7,972 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned RSF65

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage

Home Design

  • Spanish Architecture
  • Permanent Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Double Hung Windows
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Front Loading Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Bladensburg High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cheverly Subdivision

Listing and Financial Details

  • Tax Lot 350
  • Assessor Parcel Number 17020091124

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,538

Year Built

Built in 1935 | Remodeled in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Spanish
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Clothes washer & dryer, refrigerator, microwave, range oven, dishwasher.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-01
  • Federal Flood Zone: No
  • Year Built: 1935
  • Year Renovated: 2016
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Dryer - Front Loading, Refrigerator, Stove, Washer
  • Interior Amenities: Floor Plan - Open
  • Window Features: Double Hung
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Total Sq Ft: 1818
  • Living Area Sq Ft: 1818
  • Price Per Sq Ft: 400.83
  • Above Grade Finished Sq Ft: 1210
  • Below Grade Finished Sq Ft: 608
  • Total Below Grade Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3406

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Internet Services: Fiber Optic, DSL, Cable

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7972.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2023
  • Zoning: RSF65
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6538.00
  • Assessor Parcel Number: 17020091124
  • Tax Lot: 350
  • Tax Total Finished Sq Ft: 1210
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/24/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 18, 2024
Sold by
Guzman Andrew J
Bought by
Marshall Tatum and Berg Kevin
Seller's Agent
Aaron Oelrich
OE Realty
Buyer's Agent
Karen Richardson
Coldwell Banker Realty
List Price
$485,000
Sold Price
$485,000
Views
153
Current Estimated Value
$496,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,396
Avg. Annual Appreciation
1.48%
Original Mortgage
$470,450
Outstanding Balance
$462,596
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$33,800

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 23, 2017
Sold by
Nova Partners Llc
Bought by
Guzman Andrew J
Seller's Agent
Ann Young
Coldwell Banker Realty - Washington
Buyer's Agent
Jesse Oakley
Compass
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$366,718
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Apr 7, 2016
Sold by
Wells Fargo Bank National Association
Bought by
Nova Partners Llc and Nova Md Llc
Seller's Agent
Patricia Clark Jackson
EXP Realty, LLC
Buyer's Agent
Zia Hassan
First American Real Estate
List Price
$178,300
Sold Price
$168,544
Premium/Discount to List
-$9,756
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.87%
Original Mortgage
$201,400
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2002
Sold by
Williams James L
Bought by
Williams James L

Purchase Details

Closed on
Jun 17, 1992
Sold by
Ebinger Lee R
Bought by
Williams James L and Williams Priscilla J
Source: Public Records

Range of Values:

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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
Marshall Tatum $485,000 Turnkey Title
Guzman Andrew J $359,000 None Available
Nova Partners Llc $168,544 Fidelity Natl Title Ins Co
Williams James L -- --
Williams James L $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Tatum $470,450
Previous Owner Guzman Andrew J $354,463
Previous Owner Guzman Andrew J $366,718
Previous Owner Nova Partners Llc $201,400
Previous Owner Nova Partners Llc $201,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $485,000 0.0% $267 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $485,000 +35.1% $267 / Sq Ft
03/24/2017 03/24/17 Sold $359,000 0.0% $297 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $359,000 +113.0% $297 / Sq Ft
05/04/2016 05/04/16 Sold $168,544 +0.1% $139 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $168,300 -5.6% $139 / Sq Ft
01/26/2016 01/26/16 For Sale $178,300 +5.8% $147 / Sq Ft
01/22/2016 01/22/16 Off Market $168,544 -- --
01/12/2016 01/12/16 Price Changed $178,300 -5.3% $147 / Sq Ft
12/07/2015 12/07/15 Price Changed $188,300 -5.0% $156 / Sq Ft
11/05/2015 11/05/15 Price Changed $198,200 -5.0% $164 / Sq Ft
10/30/2015 10/30/15 Price Changed $208,600 -5.0% $172 / Sq Ft
09/10/2015 09/10/15 For Sale $219,500 -- $181 / 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 $7,667 $386,067 $0 $0
2023 $6,799 $353,300 $100,700 $252,600
2022 $6,538 $350,667 $0 $0
2021 $6,469 $348,033 $0 $0
2020 $6,487 $345,400 $100,300 $245,100
2019 $5,626 $298,233 $0 $0
2018 $4,756 $251,067 $0 $0
2017 $3,944 $203,900 $0 $0
2016 -- $195,100 $0 $0
2015 -- $186,300 $0 $0
2014 $3,486 $177,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2094726

Bright MLS

APN: 02-0091124