Seller's Agent in 2022
Elizabeth Barnhart
OCEAN ATLANTIC SOTHEBYS
(302) 236-3696
1 in this area
51 Total Sales
107 Market St Frederica, DE 19946
Estimated Value: $189,000 - $497,370
6
Beds
3.5
Baths
3,856
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- Federal Architecture
- Wood Flooring
- Curved or Spiral Staircase
- Deck
- 2 Fireplaces
About This Home
As of April 2022Built around the turn of the century in 1899, this historic federal style home has been beautifully remodeled (2021) with modern amenities. Featuring 5 bedrooms and 3.5 baths, the extensive renovation includes a new HVAC, kitchen, bathrooms, and bedrooms. It is the perfect mix of old and new.
Boasting over 3,800 SF of restored and updated interior living space, this home is ideal for large gatherings, reunions, or a quick getaway. The two original fireplaces (now gas) and wall to wall glass built-ins anchor the light-filled rooms that are perfect for entertaining. It is a beautiful blend of amazing wood craftsmanship and modern furniture, with hardwood floors and newly installed tile throughout. The outdoor deck with string lights and expansive backyard offers the perfect setting for relaxation or parties. Located just one mile to the DE Turf Sports Complex and only a short drive from the famous Delaware beaches, this modern federal home comes with off-street parking and a detached garage/chalet that could be finished to provide a home office or other options. Park the cars and walk just two blocks to restaurants and shops. Investors looking for a rental property should seriously consider this home! Gross rental income was $29,050. This house is being sold as-is. Future rentals need to be honored.
Last Agent to Sell the Property
(302) 236-3696 liz.barnhart@oasir.net Monument Sotheby's International Realty License #RS-0022510 Listed on: 02/18/2022
Last Buyer's Agent
(304) 433-6273 angeladawncloses@gmail.com Iron Valley Real Estate at The Beach License #RS-0024283
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,295
Year Built
- Built in 1899 | Remodeled in 2021
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 68.77 x 194.45
- Downtown Location
- Open Lot
- Cleared Lot
- Back Yard
- Property is in excellent condition
Home Design
- Federal Architecture
- Contemporary Architecture
- Brick Foundation
- Block Foundation
Interior Spaces
- 3,856 Sq Ft Home
- Property has 2 Levels
- Curved or Spiral Staircase
- Built-In Features
- Ceiling Fan
- 2 Fireplaces
- Fireplace Mantel
- Brick Fireplace
- Gas Fireplace
- Stained Glass
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Unfinished Basement
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Gravel Driveway
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Outbuilding
- Porch
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 5400-000
- Assessor Parcel Number SM-08-14106-03-5400-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2022
Closed on
Apr 8, 2022
Sold by
Friend Of A Farmer Llc
Bought by
Wiater Megan and Wiater Adam J
Seller's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
Buyer's Agent
Angela Bautista-Diaz
Iron Valley Real Estate at The Beach
List Price
$449,000
Sold Price
$449,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,657
Avg. Annual Appreciation
-4.48%
Original Mortgage
$400,000
Outstanding Balance
$377,534
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$5,809
Purchase Details
Listed on
Aug 5, 2019
Closed on
Feb 3, 2020
Sold by
Kirk Gene Raymond and Scott Shelly Marie
Bought by
Friend Of A Farmer Llc
Seller's Agent
Donna Watson
The Watson Realty Group, LLC
Buyer's Agent
GLENN WATSON JR
The Watson Realty Group, LLC
List Price
$69,900
Sold Price
$59,000
Premium/Discount to List
-$10,900
-15.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.78%
Original Mortgage
$152,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2019
Sold by
Kirk Gene Raymond
Bought by
Kirk Gene Raymond and Scott Shelly Marie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wiater Megan | $449,000 | Ward & Taylor Llc | |
| Friend Of A Farmer Llc | $59,000 | None Available | |
| Kirk Gene Raymond | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wiater Megan | $400,000 | |
| Closed | Wiater Megan | $400,000 | |
| Previous Owner | Friend Of A Farmer Llc | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $449,000 | 0.0% | $116 / Sq Ft |
| 02/18/2022 02/18/22 | For Sale | $449,000 | +661.0% | $116 / Sq Ft |
| 02/05/2020 02/05/20 | Sold | $59,000 | -15.6% | $15 / Sq Ft |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $69,900 | -- | $18 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,389 | $378,900 | $61,700 | $317,200 |
| 2024 | $1,389 | $378,900 | $61,700 | $317,200 |
| 2023 | $971 | $40,000 | $6,800 | $33,200 |
| 2022 | $871 | $40,000 | $6,800 | $33,200 |
| 2021 | $795 | $40,000 | $6,800 | $33,200 |
| 2020 | $830 | $40,000 | $6,800 | $33,200 |
| 2019 | $831 | $40,000 | $6,800 | $33,200 |
| 2018 | $538 | $40,000 | $6,800 | $33,200 |
| 2017 | $555 | $40,000 | $0 | $0 |
| 2016 | $183 | $40,000 | $0 | $0 |
| 2015 | $180 | $40,000 | $0 | $0 |
| 2014 | $284 | $40,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Barnhart
-
Angela Bautista-Diaz
Buyer's Agent in 2022
Angela Bautista-Diaz
Iron Valley Real Estate at The Beach
(304) 433-6273
1 in this area
67 Total Sales
-
Donna Watson
Seller's Agent in 2020
Donna Watson
RE/MAX
(302) 542-8422
1 in this area
186 Total Sales
-
Jamie Watson
J
Seller Co-Listing Agent in 2020
Jamie Watson
RE/MAX
(302) 258-6825
1 in this area
184 Total Sales
-
GLENN WATSON JR
Buyer's Agent in 2020
GLENN WATSON JR
RE/MAX
(302) 542-8421
Map
Source: Bright MLS
MLS Number: DEKT2008182
APN: 8-08-14106-03-5400-000
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