NOT LISTED FOR SALE

5724 Lockwood Rd Cheverly, MD 20785

Estimated Value: $481,000 - $553,000

4 Beds
3 Baths
1,825 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $465,000 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,301/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 1 Fireplace
  • Rambler Architecture
  • Attic
  • 2-minute walk to Cheverly Nature Park

About This Home

As of May 2023

Offers 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

Stephen Hagedorn

(202) 841-1380 shagedorn@cbmove.com Coldwell Banker Realty - Washington License #592915 Listed on: 04/14/2023

Coldwell Banker Realty - Washington

Last Buyer's Agent

Michael Heinen

(301) 646-8207 mheinen@ttrsir.com TTR Sotheby's International Realty License #0225231699

TTR Sotheby's International Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,397

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-04-15
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stove, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Carpet, Dining Area, Floor Plan - Open, Recessed Lighting, Wood Floors
  • Fireplaces Count: 1
  • Wall Ceiling Types: Brick
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance
  • Basement Finished Percent: 95.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 1909
  • Living Area Sq Ft: 1825
  • Price Per Sq Ft: 427.62
  • Above Grade Finished Sq Ft: 1050
  • Below Grade Finished Sq Ft: 775
  • Below Grade Sq Ft: 84
  • Total Below Grade Sq Ft: 859
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5724

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Gutter System, Outbuilding(s)
  • Roof: Asphalt, Shingle
  • 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: Ceiling Fan(s), Central A/C, Ductless/Mini-Split, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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: R
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6406.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RSF65
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6397.00
  • Assessor Parcel Number: 17020123083
  • Tax Lot: 1558
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/10/2023

MLS Schools

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

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
$505,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,828
Avg. Annual Appreciation
4.24%
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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Previous Owner Reidy Kathleen E $208,000
Previous Owner Wade Hope L $240,000
Previous Owner Wade Hope L $240,000
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

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 $7,560 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2074798

Bright MLS

APN: 02-0123083