5724 Lockwood Rd Cheverly, MD 20785
Estimated Value: $507,000 - $528,000
4
Beds
3
Baths
1,825
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- 1 Fireplace
- Rambler Architecture
- Attic
- 2-minute walk to Cheverly Nature Park
About This Home
As of May 2023Offers if any due by Wednesday 4/19 at 5pm. Perched on a ridge above Cheverly and backing to parkland, this handsome rancher beckons you home. The inviting living room features a wood-burning fireplace and large window overlooking the friendly neighborhood. An open floor plan leads to the dining room, kitchen and the sunroom with views of the landscaped rear yard and patio with pergola. Three bedrooms and a full bath complete the layout. A spacious family room awaits on the lower level along with a guest room/den with ensuite full bath, a music/study room, a crafts area, laundry room. and third full bath. With the advent of spring. the custom rain garden will blossom with Maryland native plants. The backyard includes a custom storage shed and kid's A-frame play structure. Numerous improvements! Conveniently located just minutes from DC with easy access to the BW Parkway, I-295, Rt 50 and Metro.
Last Agent to Sell the Property
Coldwell Banker Realty - Washington License #592915 Listed on: 04/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,397
Year Built
- Built in 1953
Lot Details
- 6,406 Sq Ft Lot
- Property is in excellent condition
- Property is zoned RSF65
Parking
- On-Street Parking
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Asphalt Roof
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Brick Wall or Ceiling
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Dining Area
- Attic
Kitchen
- Stove
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior and Exterior Basement Entry
Outdoor Features
- Outbuilding
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Heat Pump System
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Cheverly 01 Subdivision
Listing and Financial Details
- Tax Lot 1558
- Assessor Parcel Number 17020123083
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
May 10, 2023
Sold by
Reidy Kathleen E
Bought by
Varner William D and Volluz Baili L
Seller's Agent
Stephen Hagedorn
Coldwell Banker Realty - Washington
Buyer's Agent
Michael Heinen
TTR Sotheby's International Realty
List Price
$449,000
Sold Price
$465,000
Premium/Discount to List
$16,000
3.56%
Views
10
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
$48,351
Avg. Annual Appreciation
4.73%
Original Mortgage
$432,450
Outstanding Balance
$422,047
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$91,304
Purchase Details
Listed on
Dec 18, 2012
Closed on
May 22, 2013
Sold by
Secured Improvements Llc
Bought by
Reidy Kathleen E and Mclaughlin Daniel J
Seller's Agent
Ehab Hijazi
Fairfax Realty Premier
Buyer's Agent
Stephen Hagedorn
Coldwell Banker Realty - Washington
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$208,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2012
Sold by
Wade Parris D and Wade Hope L
Bought by
Secured Improvements Llc
Purchase Details
Closed on
Feb 17, 2006
Sold by
Wade Hope L
Bought by
Wade Hope L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 15, 2005
Sold by
Wade Hope L
Bought by
Wade Hope L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2000
Sold by
Gulli Thelma V
Bought by
Wade Hope L
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 |
|---|---|---|---|
| Varner William D | $465,000 | Logan Title | |
| Reidy Kathleen E | $260,000 | Signature Title & Settlement | |
| Secured Improvements Llc | $118,000 | Signature Title & Settlement | |
| Wade Hope L | -- | -- | |
| Wade Hope L | -- | -- | |
| Wade Hope L | $141,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varner William D | $432,450 | |
| Closed | Reidy Kathleen E | $180,000 | |
| Previous Owner | Reidy Kathleen E | $208,000 | |
| Previous Owner | Wade Parris D | $287,200 | |
| Previous Owner | Wade Hope L | $240,000 | |
| Previous Owner | Wade Hope L | $240,000 | |
| Previous Owner | Wade Hope L | $213,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2023 05/10/23 | Sold | $465,000 | +3.6% | $255 / Sq Ft |
| 04/20/2023 04/20/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $449,000 | +72.7% | $246 / Sq Ft |
| 05/22/2013 05/22/13 | Sold | $260,000 | 0.0% | $248 / Sq Ft |
| 04/17/2013 04/17/13 | Pending | -- | -- | -- |
| 03/20/2013 03/20/13 | Price Changed | $260,000 | -3.7% | $248 / Sq Ft |
| 02/13/2013 02/13/13 | Price Changed | $270,000 | -3.6% | $257 / Sq Ft |
| 01/09/2013 01/09/13 | Price Changed | $280,000 | -6.7% | $267 / Sq Ft |
| 12/18/2012 12/18/12 | For Sale | $300,000 | -- | $286 / 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 | $7,560 | $380,867 | $0 | $0 |
| 2023 | $6,684 | $347,500 | $100,400 | $247,100 |
| 2022 | $5,615 | $343,233 | $0 | $0 |
| 2021 | $5,454 | $338,967 | $0 | $0 |
| 2020 | $5,457 | $334,700 | $100,200 | $234,500 |
| 2019 | $5,234 | $315,167 | $0 | $0 |
| 2018 | $4,991 | $295,633 | $0 | $0 |
| 2017 | $4,848 | $276,100 | $0 | $0 |
| 2016 | -- | $256,100 | $0 | $0 |
| 2015 | $3,654 | $236,100 | $0 | $0 |
| 2014 | $3,654 | $216,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Hagedorn
Seller's Agent in 2023
Stephen Hagedorn
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 841-1380
1 in this area
12 Total Sales
-
Michael Heinen
Buyer's Agent in 2023
Michael Heinen
TTR Sotheby's International Realty
(301) 646-8207
1 in this area
46 Total Sales
-
Ehab Hijazi
Seller's Agent in 2013
Ehab Hijazi
Fairfax Realty Premier
(301) 335-5058
1 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2074798
APN: 02-0123083
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