tomo logo

$450,000

Beds
4
Baths
2.0
sq ft
1,950

6420 Kilmer Street, Cheverly, MD 20785

6420 Kilmer Street

CHEVERLY, MD 20785

  • 13 days on market
Welcome to this beautifully maintained Cheverly home, perfectly combining classic charm with modern upgrades. Nestled in a vibrant community, you’ll enjoy local parks, a community swimming pool, and a popular Saturday farmers market, along with quick access to DC via Route 50 and the nearby Cheverly Metro. Everyday conveniences like Aldi and Walgreens are just a stroll away, and the friendly neighborhood offers a warm and welcoming atmosphere. This home has undergone $100,000 in thoughtful improvements since 2019, including a new architectural-grade roof, first-floor laundry installation, a full second-floor renovation with spray foam insulation, electrical updates, and a new mini-split system, main water line replacement, new fencing, added circuits for kitchen appliances, and a remodeled first-floor bathroom. Adding even more appeal, the basement apartment offers excellent income potential, with high demand and reliable rental history that provides valuable supplemental income. Thoughtfully enhanced with a cozy gas fireplace, this space makes an ideal rental or guest suite. With major updates complete, this home is ready for you to enjoy with peace of mind for years to come.

Details

Property type

Single Family Residence

Est. home value

$418,233

Lot size

5,440 sq ft

Price per sq ft

$231

Year built

1946

Annual property taxes

$4,471

HOA

No

Price History

11/14/2024
Bright

Bright #MDPG2132034

Listed
$450,000
+50.05%
02/27/2019
Bright

Bright #1009963154

Sold
$299,900
+57.84%
10/26/2017
Bright

Bright #1000188241

Sold
$190,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

E Mortgage Capital Inc

Loan start date

September 2021

Original loan amount

$303,050

Est. remaining balance

$281,694

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

James E Ratte Iii

Lender

Freedom Mortgage Corp

Loan start date

February 2020

Original loan amount

$294,339

Est. remaining balance

$265,051

Interest rate

3.73%

Loan type

FHA, 29 year

Seller

James E Ratte Iii

Lender

Blue Ridge Bank

Loan start date

February 2019

Original loan amount

$5,000

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

Stand Alone Second, 5 year

Seller

James E Ratte Iii

Lender

Blue Ridge Bank

Loan start date

February 2019

Original loan amount

$294,467

Est. remaining balance

$264,266

Interest rate

4.45%

Loan type

FHA, 30 year

Seller

James E Ratte Iii

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 9:15 PM

Listing updated: 11/18/2024 at 2:34 PM

Listed by: Margaret M. Babbington, Compass Phone #: (202) 386-6330

MLS: Bright #MDPG2132034

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