3407 Laurel Ave Cheverly, MD 20785
Estimated Value: $541,210 - $659,000
5
Beds
3
Baths
2,210
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Central Heating and Cooling System
- 1 Fireplace
- Brick Front
About This Home
As of May 2020Beautiful house in sought after Cheverly with 3 finished levels. Updated kitchen with granite counter top, Stainless steel appliances. 3 updated full baths, refinished hardwood floors, freshly painted, wet bar in the lower level and So much More.... Close to Cheverly Swim & Racquet Club, Cheverly Metro and Farmers Market. Easy access to downtown DC, Capitol Hill, Hyattsville Art District, UMD as well as the retail of Dakota Crossing (Lowes, Costco, Starbucks), Woodmore Town Center (Wegmans and more) and Landover Road (Aldi, Walgreens). Owner is licensed realtor
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,790
Year Built
- Built in 1938 | Remodeled in 2020
Lot Details
- 8,027 Sq Ft Lot
- Property is zoned R55
Parking
- Driveway
Home Design
- Cape Cod Architecture
- Brick Front
Interior Spaces
- 2,210 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Cheverly Subdivision
Listing and Financial Details
- Tax Lot 365
- Assessor Parcel Number 17020187146
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2020
Closed on
May 12, 2020
Sold by
Rental 888 Homes Llc
Bought by
Farquharson Michael Ian and Farquharson Kaitlin Mary
Seller's Agent
Qin Zheng
Fairfax Realty Select
Buyer's Agent
Rina Kunk
Compass
List Price
$519,990
Sold Price
$519,990
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,563
Avg. Annual Appreciation
3.28%
Original Mortgage
$467,991
Outstanding Balance
$419,213
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$194,451
Purchase Details
Listed on
Nov 22, 2019
Closed on
Dec 5, 2019
Sold by
Finance Of America Reverse Llc
Bought by
Rental 888 Homes Llc
Seller's Agent
Antoine Johnson
Powerhouse Realty, LLC.
Buyer's Agent
Michelle Johnson
Tri-State Realty LLC
List Price
$223,000
Sold Price
$256,000
Premium/Discount to List
$33,000
14.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
463.15%
Purchase Details
Closed on
Jun 20, 2019
Sold by
Patterson Ronald G
Bought by
Finance Of America Reverse Llc
Purchase Details
Closed on
Sep 25, 1992
Sold by
Wax Teena M
Bought by
Patterson Ronald G and Patterson Zohra A
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farquharson Michael Ian | $519,990 | Realty Title Services Inc | |
| Rental 888 Homes Llc | $256,000 | Multiple | |
| Finance Of America Reverse Llc | $221,000 | None Available | |
| Patterson Ronald G | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farquharson Michael Ian | $53,550 | |
| Open | Farquharson Michael Ian | $467,991 | |
| Previous Owner | Patterson Ronald G | $475,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2020 05/13/20 | Sold | $519,990 | 0.0% | $235 / Sq Ft |
| 04/14/2020 04/14/20 | For Sale | $519,990 | +103.1% | $235 / Sq Ft |
| 12/16/2019 12/16/19 | Sold | $256,000 | +14.8% | $193 / Sq Ft |
| 11/29/2019 11/29/19 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | For Sale | $223,000 | -- | $168 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,781 | $397,333 | $0 | $0 |
| 2023 | $7,197 | $374,200 | $100,800 | $273,400 |
| 2022 | $6,756 | $363,167 | $0 | $0 |
| 2021 | $6,479 | $352,133 | $0 | $0 |
| 2020 | $6,407 | $341,100 | $100,400 | $240,700 |
| 2019 | $5,923 | $327,800 | $0 | $0 |
| 2018 | $1,122 | $314,500 | $0 | $0 |
| 2017 | $4,317 | $301,200 | $0 | $0 |
| 2016 | -- | $271,267 | $0 | $0 |
| 2015 | $4,225 | $241,333 | $0 | $0 |
| 2014 | $4,225 | $211,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Qin Zheng
Seller's Agent in 2020
Qin Zheng
Fairfax Realty Select
(703) 505-5268
12 in this area
52 Total Sales
-
Rina Kunk
Buyer's Agent in 2020
Rina Kunk
Compass
(202) 489-9011
78 Total Sales
-
Antoine Johnson
A
Seller's Agent in 2019
Antoine Johnson
Powerhouse Realty, LLC.
(410) 995-8386
86 Total Sales
-
Michelle Johnson
Buyer's Agent in 2019
Michelle Johnson
Tri-State Realty LLC
(301) 520-6044
63 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG565430
APN: 02-0187146
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