tomo logo

$550,000

Beds
5
Baths
3.0
sq ft
1,922

1706 62nd Avenue, Cheverly, MD 20785

1706 62nd Avenue

LANDOVER, MD 20785

  • 14 days on market
Beautiful home with in sought after Cheverly, total 1922 finished square feet 3 levels. Updated kitchen with granite counter top, Stainless steel appliances and fireplace in living room. updated full baths, laminate floors, freshly painted, wet bar in the lower level, patio in backyard 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

Details

Property type

Single Family Residence

Est. home value

$327,428

Lot size

6,930 sq ft

Price per sq ft

$287

Year built

1946

Annual property taxes

$6,540

HOA

No

Price History

11/12/2024
Bright

Bright #MDPG2132384

Listed
$550,000
11/11/2024
Bright

Bright #MDPG2125650

Removed
$549,990
09/11/2024
Bright

Bright #MDPG2125650

Listed
$549,990

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$234,013
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$271,987
Cash to seller
$234,013

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

May 2022

Original loan amount

$284,000

Est. remaining balance

$271,987

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Rental Aa Homes Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 11:35 PM

Listing updated: 11/12/2024 at 8:34 PM

Listed by: Qin H Zheng, Fairfax Realty Select Phone #: (703) 533-8660

MLS: Bright #MDPG2132384

Bright logo

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