NOT LISTED FOR SALE

Estimated Value: $375,000 - $745,000

4 Beds
3 Baths
2,000 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $640,000 $320 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,379/month

About This Home

As of May 2024

Welcome to 1018 Marl Pit Rd, where tranquility welcomes you and convenience is just around the corner. This private 5.38 acre lot located just outside of town limits offers the best of both worlds, offering buyers a homestead you've always dreamed of behind a private tree-lined drive, and the convenience of living within minutes of Middletown's award winning Appoquinimink School District schools, popular dining and entertainment, and travel routes heading both towards Wilmington and Dover for easy commute. The long driveway creates a picturesque welcome to the 4 bedroom ranch home that awaits beyond the trees. At the end of the drive, you will also find a massive oversized detached two-car garage. Continue past the garage and an enormous barn, previously fit with horse stalls, offers the perfect location for a workshop, machinery, a vehicle lift, boat storage, the options are endless. Inside there is a fit-out for an office as well as rough-in plumbing for a future bathroom. The barn has a separate storage area for lawn maintenance machinery, and a large shed is just on the other side. Behind the barns, some beautiful budding landscaping sprawls the rear yard, and just behind is an enormous pasture that was once used for horses but is currently being plowed for hay. Back around t the front door, you will be welcomed inside by a massive room currently being used as a dining space with room for your whole family to gather around the table. Through to the kitchen, you will find stunning amish-made cabinetry with matching free-standing island, and custom rear door that leads to the rear covered patio with custom paver design that overlooks the sprawling property. Just off the patio, you'll notice a small woodshed and greenhouse as well. Back inside, around the corner from the kitchen is a family room with a brick fireplace with access to both front and rear exteriors. You'll also find a bedroom with walk-in closet and half bathroom just off the family room, and a laundry room as you head back down the hall towards the kitchen. Around the corner, two more bedrooms share a full hall bathroom and the primary suite has it's own full bathroom. This property has been lovingly maintained and cared for, and is looking for a new generation to call this land their home for years to come. Don't miss it - it won't last long!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 10, 2024
Sold by
Cornog Shirley C
Bought by
Robertson Richard S and Dimatteo Dana M
Seller's Agent
Megan Aitken
Keller Williams Realty
Buyer's Agent
Laura Walker
Walker Realty Group LLC
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
63
Current Estimated Value
$571,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,245
Avg. Annual Appreciation
-6.71%
Original Mortgage
$565,250
Outstanding Balance
$558,275
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$23,201

Purchase Details

Closed on
Oct 28, 2004
Sold by
Boulden Eugene C and Olson Karen L
Bought by
Cornog George O and Cornog Shirley C

Purchase Details

Closed on
Sep 9, 2002
Sold by
Hundley Preston B and Broadway Jimmy L
Bought by
Boulden Eugene C and Olson Karen L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Robertson Richard S -- None Listed On Document
Cornog George O $400,000 --
Boulden Eugene C $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Richard S $565,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $640,000 -1.5% $320 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $650,000 -- $325 / Sq Ft

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 $4,181 $99,900 $26,000 $73,900
2023 $1,915 $99,900 $26,000 $73,900
2022 $1,932 $99,900 $26,000 $73,900
2021 $2,002 $99,900 $26,000 $73,900
2020 $1,975 $99,900 $26,000 $73,900
2019 $1,716 $99,900 $26,000 $73,900
2018 $1,716 $99,900 $26,000 $73,900
2017 $1,627 $99,900 $26,000 $73,900
2016 $1,352 $99,900 $26,000 $73,900
2015 $1,301 $99,900 $26,000 $73,900
2014 $1,297 $99,900 $26,000 $73,900
Source: Public Records

Agents Affiliated with this Home

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