tomo logo

$559,000

Beds
4
Baths
2.5
sq ft
1,872

4025 Chelmont Lane, Bowie, MD 20715

4025 Chelmont Lane

BOWIE, MD 20715

  • 20 days on market
Welcome to this Elegant Colonial with Thoughtful Updates. Step into this beautifully updated colonial, where timeless charm meets modern convenience. This spacious home features 4 bedrooms, 2.5 baths, and gleaming hardwood floors throughout, offering a warm and inviting ambiance. The spacious dining room is a standout feature, perfect for hosting memorable gatherings. It seamlessly opens to the brand-new kitchen, a chef's delight with abundant cabinet space, an expansive eating area, and sleek finishes that combine functionality with style. The flow between these spaces creates a harmonious setting for both everyday living and entertainment. The large living room, anchored by a cozy wood-burning stove, provides a comfortable space to relax. Updated bathrooms offer modern amenities, and a separate laundry room with a newer washer and dryer add convenience. The home is equipped with a newer HVAC system for year-round comfort and a backup generator for peace of mind. Outside, the fenced backyard provides privacy and versatility, featuring a detached outbuilding that offers the potential for a studio, office, or workshop. Don’t miss the opportunity to call this elegant property your new home. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$478,893

Lot size

0.29 acres

Price per sq ft

$299

Year built

1966

Annual property taxes

$6,270

HOA

No

Price History

01/03/2025
Bright

Bright #MDPG2135948

Listed
$559,000
+62.03%
04/11/2019
Bright

Bright #MDPG272408

Sold
$345,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

BOWIE

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

$261,639
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$252,641
Cash to seller
$261,639

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

January 2020

Original loan amount

$280,000

Est. remaining balance

$252,641

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Muhammad Ahsan Ejaz and Hammad Ali

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: 01/23/2025 at 11:50 AM

Listing updated: 01/03/2025 at 6:34 AM

Listed by: Ronald A Walton, Keller Williams Capital Properties Phone #: (301) 251-1221

MLS: Bright #MDPG2135948

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