Deal Snapshot
- Ask: $360,000
- Buy Now: $370,000
- ARV: $550,000
- Beds/Baths: 4 beds / 2 baths
- SQFT: 2,121 total
- Above Grade: 1,701 sqft
- Below Grade: 420 sqft unfinished
- Lot Size: 6,000 sqft / 0.1380 acres
- Year Built: 1954
- Style: Split level / multi-level
- Key Features: Rare Cheverly single-family, 4-level layout, open front porch, strong mechanical updates
- Taxable Assessment: $387,100
- Annual Taxes: $7,355
- Subdivision: Cheverly-Resub
- County: Prince George’s
Why This Deal Works
- Rare single-family deal in Cheverly
- 4-level layout with more usable separation than a standard ranch
- Main level has kitchen and dining, upper levels carry the living space and bedroom count well
- Roof, HVAC, hot water heater, and most windows already show strong value in place
- 4 bed / 2 bath setup works for the resale pool
- ARV support $550K
- Current number leaves room for a clean value-add spread
Property Overview
2412 Valley Way is a split-level single-family in Cheverly with a layout that breaks well across four levels. The first level carries the kitchen and dining area, the next level includes the main living area with a 1/1 setup, and the top level carries the remaining 3/1 layout.The house has solid size for the area, a good street presence, and better system value than a typical full-gut setup. The main story here is cosmetic upside with a layout that already supports the end product.
Systems
- Roof is about 10 years old
- Most windows are about 10 years old
- HVAC is about 1 year old
- Hot water heater is new
Exterior
- Exterior presents as dated but stable
- Front porch and entry are in place
- Yard and overall presentation need cleanup
- Stronger street appeal once cleaned out and refreshed
Exit Strategy
- Flip: Best fit
- Wholetail: Possible, but dated interior leaves room on the table
- Buy and Hold: Works with the layout, bedroom count, and Cheverly location
ARV PositioningARV is best marketed at $550,000. The range is supported by nearby comp sales at
- 5835 Dewey St at $550K,
- 6013 Hawthorne St at $525K
- 2307 Cheverly Ave at $550K.
Terms / Next Steps
- Access by appointment
- EMD required = $10k
- Sold as-is
- Reach out for walkthrough details