NOT LISTED FOR SALE

1048 Andrews Lake Rd Felton, DE 19943

Estimated Value: $503,000 - $593,381

4 Beds
2.5 Baths
2,266 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $525,000 $232 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,043/month

Highlights

  • 2 Acre Lot
  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Lake Forest North Elementary School Rated 9+
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of April 2022

Finally the house we have all been waiting for!! 1048 Andrews lake is like nothing else on the market. This beautifully built 2 acre HORSE property features 4 bedrooms, 2 1/2 baths, large open floor plan with a fireplace and big windows looking into a peaceful county setting only minutes from town. Bathrooms have all been updated in the last two years. Farm house kitchen is bright with white cabinets and subway tile. Dining area opens on to a large pergola and patio just installed last summer. Horse Shelter, fencing and gates all recently installed. Large unfinished basement with endless uses.
Spacious pole building fully finished with bathroom and its own cooling/heating unit. Currently being used as a salon but could easily be converted into any business or even an in-law suit.
This home really does have it all! No todo list just bring your animals and get ready to live the county life in style. Call agent with any questions.

ALL OFFERS PLEASE BE IN BY 2/28

Last Agent to Sell the Property

Hannah Cunningham

(858) 880-5017 primpingproperties@yahoo.com Tesla Realty Group, LLC Listed on: 02/21/2022

Tesla Realty Group, LLC

Last Buyer's Agent

Sandra Unkrur

(302) 480-3966 sandi@themovingexperiencede.com The Moving Experience Delaware Inc License #RS-0022864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,231

Year Built

  • Built in 2015

Lot Details

  • 2 Acre Lot
  • Property is zoned AC-AGRICULTURALCONSER

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Farmhouse Style Home
  • Permanent Foundation
  • Poured Concrete

Interior Spaces

  • 2,266 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Gravity Septic Field

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,231

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: horse tailer
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-21
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Finally the house we have all been waiting for!! 1048 Andrews lake is like nothing else on the market. This beautifully built 2 acre HORSE property features 4 bedrooms, 2 1/2 baths, large open floor plan with a fireplace and big windows looking into a peaceful county setting only minutes from town. Bathrooms have all been updated in the last two years. Farm house kitchen is bright with white cabinets and subway tile. Dining area opens on to a large pergola and patio just installed last summer. Horse Shelter, fencing and gates all recently installed. Large unfinished basement with endless uses. Spacious pole building fully finished with bathroom and its own cooling/heating unit. Currently being used as a salon but could easily be converted into any business or even an in-law suit. This home really does have it all! No todo list just bring your animals and get ready to live the county life in style. Call agent with any questions. ALL OFFERS PLEASE BE IN BY 2/28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Poured Concrete, Unfinished, Interior Access, Full
  • Total Sq Ft: 2266
  • Living Area Sq Ft: 2266
  • Price Per Sq Ft: 237.86
  • Above Grade Finished Sq Ft: 2266
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1048

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Lot Info

  • Land Assessed Value: 9200.00
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2015
  • Zoning: AC-AGRICULTURALCONSER
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1231.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2015
  • Close Date: 04/08/2022

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2015
Sold by
U & I Investments Llc
Bought by
Schmid Ryan J and Schmid Jessica R
Current Estimated Value
$542,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,407
Outstanding Balance
$234,423
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$308,422

Purchase Details

Closed on
Oct 29, 2014
Sold by
Mack Farm Development Llc
Bought by
U & I Investments Llc

Purchase Details

Closed on
Jun 9, 2006
Sold by
Mack Elaine W and Mack Elaine B
Bought by
Mack Farm Development Llc
Source: Public Records

Range of Values:

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Average Value
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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
Schmid Ryan J $298,000 None Available
U & I Investments Llc $52,000 None Available
Mack Farm Development Llc $6,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmid Ryan J $304,407
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $525,000 -2.6% $232 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $539,000 -- $238 / Sq Ft
Source: Bright MLS

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
2025 $1,975 $541,700 $145,700 $396,000
2024 $1,975 $541,700 $145,700 $396,000
2023 $1,716 $69,600 $9,200 $60,400
2022 $1,302 $60,500 $9,200 $51,300
2021 $1,232 $60,500 $9,200 $51,300
2020 $1,274 $60,000 $9,200 $50,800
2019 $1,218 $57,200 $9,200 $48,000
2018 $1,205 $57,200 $9,200 $48,000
2017 $1,253 $57,200 $0 $0
2016 $1,149 $57,200 $0 $0
2015 -- $57,200 $0 $0
2014 -- $6,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2008198

Bright MLS

APN: 8-00-12900-02-2100-000