NOT LISTED FOR SALE

111 Market St Frederica, DE 19946

Estimated Value: $271,000 - $323,360

4 Beds
1.5 Baths
2,512 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $235,000 $94 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,688/month

57 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Picket Fence
  • Victorian Architecture
  • No HOA
  • Radiator

About This Home

As of August 2021

This beautiful historic home has been well cared for and the pride of ownershop shows. The first floor features gorgeous hardwoods in the living room and dining room with decorative built ins. The screened porch off of the living room is the perfect place to relax with a cup of coffee in the morning. The large, bright, white kitchen can be accessed from 2 different doorways and has a breakfast nook. The first floor also features a large mudroom and half bath. The hardwoods contiune upstairs where you will find a sunroom overlooking the expansive back lawn. There are 4 bedrooms, all with the gorgeous hardwoods. The full bath is tiled and accessed from the adjoining bedrooms. One of the bedrooms has been converted to an office with lots of bookshelves. It can easily be converted back to a full time bedroom. The main bedroom has gorgeous mirrored built in armoires. There is also an attic for additional storage and a basement. The backyard is huge and fenced off the back and one side. Plenty of room for outdoor living. At one time there was a garage on the back of the property. Possibility of adding one again. The location is just off of Route One. Quick access to all points north and south!

Last Agent to Sell the Property

DENISE CAIN

Monument Sotheby's International Realty Listed on: 05/13/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Jeff Foust

Myers Realty License #RS-0036433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 88.50 x 190.00
  • Picket Fence
  • Wood Fence
  • Back Yard
  • Property is in good condition

Home Design

  • Victorian Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,512 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement
  • Sump Pump
  • Laundry on main level

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5600-000
  • Assessor Parcel Number SM-08-14106-03-5600-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Three Curtain Rods in Master Bedroom. All other curtain rods will stay.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-15
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful historic home has been well cared for and the pride of ownershop shows. The first floor features gorgeous hardwoods in the living room and dining room with decorative built ins. The screened porch off of the living room is the perfect place to relax with a cup of coffee in the morning. The large, bright, white kitchen can be accessed from 2 different doorways and has a breakfast nook. The first floor also features a large mudroom and half bath. The hardwoods contiune upstairs where you will find a sunroom overlooking the expansive back lawn. There are 4 bedrooms, all with the gorgeous hardwoods. The full bath is tiled and accessed from the adjoining bedrooms. One of the bedrooms has been converted to an office with lots of bookshelves. It can easily be converted back to a full time bedroom. The main bedroom has gorgeous mirrored built in armoires. There is also an attic for additional storage and a basement. The backyard is huge and fenced off the back and one side. Plenty of room for outdoor living. At one time there was a garage on the back of the property. Possibility of adding one again. The location is just off of Route One. Quick access to all points north and south!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 2512
  • Living Area Sq Ft: 2512
  • Price Per Sq Ft: 97.53
  • Above Grade Finished Sq Ft: 2512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Picket, Wood
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.38
  • Lot Dimensions: 88.50 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Property Condition: Good
  • Year Assessed: 2020
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2479962
  • School Tax: 566.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1080.00
  • Assessor Parcel Number: SM-08-14106-03-5600-000
  • Tax Lot: 5600-000
  • Tax Total Finished Sq Ft: 2512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/26/2021

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 19, 2021
Sold by
Given Maureen
Bought by
Hamilton Teresa M and Sharp Judson R
Seller's Agent
DENISE CAIN
Monument Sotheby's International Realty
Buyer's Agent
Jeff Foust
Myers Realty
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$293,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,340
Avg. Annual Appreciation
5.70%
Original Mortgage
$188,000
Outstanding Balance
$172,551
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,617

Purchase Details

Closed on
Feb 1, 1997
Bought by
Given Maureen
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
Hamilton Teresa M $235,000 None Available
Given Maureen $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Teresa M $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $235,000 -4.1% $94 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $245,000 -- $98 / 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
2024 $1,063 $288,000 $63,500 $224,500
2023 $816 $33,400 $7,300 $26,100
2022 $713 $32,500 $7,300 $25,200
2021 $417 $32,500 $7,300 $25,200
2020 $432 $32,500 $7,300 $25,200
2019 $432 $32,500 $7,300 $25,200
2018 $413 $32,500 $7,300 $25,200
2017 $426 $32,500 $0 $0
2016 $396 $32,500 $0 $0
2015 $390 $32,500 $0 $0
2014 $385 $32,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT248672

Bright MLS

APN: 8-08-14106-03-5600-000