NOT LISTED FOR SALE

107 Silver Lake Dr Dover, DE 19901

Estimated Value: $454,000 - $556,000

4 Beds
2 Baths
1,732 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $237,000 $137 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,901/month

12 Days on Market

Highlights

  • Water Views
  • 0.66 Acre Lot
  • 1 Fireplace
  • Water Oriented
  • Rambler Architecture
  • No HOA

About This Home

As of July 2012

Waterfront ranch with dock,and covered waterfront deck on Silver Lake. This large ranch home includes fireplace, hardwood floors, a built in brick barbecue in the enclosed porch. This home can be purchased with an FHA mortgage (IE). Equal Housing Opportunity. HUD case # 071-119072 sold as-is.

Last Agent to Sell the Property

Aaron Butler

(410) 620-4359 abutlerrec@gmail.com Real Estate Consultants License #524396 Listed on: 05/17/2012

Last Buyer's Agent

Victoria Vetter

(302) 359-2911 victoriashomesinde@gmail.com Patterson-Schwartz-Rehoboth License #R3-0016255

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1955

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 100x288
  • Property is zoned R7

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,732 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • East Lake Gdns Subdivision

Listing and Financial Details

  • Tax Lot 0600-000
  • Assessor Parcel Number ED-05-06813-01-0600-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1732
  • Living Area Sq Ft: 1732
  • Net Sq Ft: 1732.00
  • Price Per Sq Ft: 109.70
  • Above Grade Finished Sq Ft: 1732
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • View: Water
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.66
  • Lot Dimensions: 100X288
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Zoning: R7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2433202
  • Tax Annual Amount: 1069.00
  • Assessor Parcel Number: ED-05-06813-01-0600-000
  • Tax Lot: 0600-000
  • Tax Year: 2011

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Jul 23, 2012
Sold by
Long Susan
Bought by
Parham Bruce D and Parham Della M
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Victoria Vetter
Patterson-Schwartz-Rehoboth
List Price
$190,000
Sold Price
$237,000
Premium/Discount to List
$47,000
24.74%
Current Estimated Value
$507,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,141
Avg. Annual Appreciation
5.81%
Original Mortgage
$189,600
Outstanding Balance
$29,253
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$477,888

Purchase Details

Closed on
Mar 20, 2012
Sold by
Vance Carl D and Hernandez Dianna E
Bought by
U S Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 29, 2008
Sold by
Durney Douglas and Cronin Rebecca L Durney
Bought by
Vance Carl D and Hernandez Dianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,534
Interest Rate
6.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parham Bruce D $237,000 None Available
U S Secretary Of Housing & Urban Develop $430,000 None Available
Vance Carl D $368,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parham Bruce D $189,600
Previous Owner Vance Carl D $365,534
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold $237,000 +24.7% $137 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $190,000 -- $110 / 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 $2,999 $510,300 $204,300 $306,000
2024 $2,870 $505,600 $204,300 $301,300
2023 $1,946 $66,100 $21,300 $44,800
2022 $1,881 $66,100 $21,300 $44,800
2021 $1,812 $66,100 $21,300 $44,800
2020 $1,750 $66,100 $21,300 $44,800
2019 $1,654 $66,100 $21,300 $44,800
2018 $1,510 $66,100 $21,300 $44,800
2017 $1,087 $48,400 $0 $0
2016 $1,091 $48,400 $0 $0
2015 $1,090 $48,400 $0 $0
2014 $1,093 $48,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Aaron Butler

    Real Estate Consultants

    (410) 620-4359

    102 Total Sales

    Aaron Butler
    Section Image
  • Victoria Vetter

    Buyer's Agent in 2012

    Victoria Vetter

    Patterson Schwartz

    (302) 359-2911

    4 in this area

    50 Total Sales

    Victoria Vetter
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003966410

Bright MLS

APN: 2-05-06813-01-0600-000

Delaware Kent County Dover 19901

107 Silver Lake Dr, Dover, DE

Not Listed for Sale

Detached

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