NOT LISTED FOR SALE

116 E Lake St Middletown, DE 19709

Estimated Value: $104,000 - $261,000

2 Beds
1.5 Baths
1,175 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $267,000 $227 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,184/month

8 Days on Market

Highlights

  • No HOA
  • Porch
  • Shed
  • Silver Lake Elementary School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Welcome to your slice of history in the heart of downtown Middletown! Nestled within the vibrant community, this single family home, built in 1916, offers a unique blend of classic charm and modern convenience.

Upon arriving at the home, you'll be greeted by a generously sized front porch, providing an ideal spot for outdoor relaxation. As you walk into the home you will notice the downstairs received a makeover (2021) with new flooring, including subfloor and luxurious vinyl, ensuring a fresh and inviting atmosphere throughout. The kitchen shines with new appliances (2020) including a fridge, stove, and microwave. There is also a a convenient half bath on the main level for residents and guests.
Head upstairs to find two bedrooms, sharing a full bath and ample closet space! Step outside onto the inviting outdoor patio (2015) and relax and entertain in style within the confines of your completely fenced-in yard. Whether you're hosting gatherings or enjoying quiet evenings this outdoor space offers privacy and security for you and your loved ones.

This home is in a prime location! Enjoy the convenience that downtown Middletown has to offer with an array of shops, restaurants, and entertainment options that are just a stroll away. Whether you're craving a gourmet meal or looking to see a live show, everything you need is close by! This home also has convenient access to major highways for easy commuting.

Whether you are looking for a home for yourself or to add to your portfolio this home is a must see!

Last Agent to Sell the Property

Rick Anibal

(302) 547-6700 rickanibal@hotmail.com RE/MAX Advantage Realty License #RA-0020893 Listed on: 05/31/2024

Co-Listed By

Andrea Carter

(609) 668-2127 AndreaLCarter@outlook.com RE/MAX Advantage Realty

Last Buyer's Agent

Kelly Clark

(302) 757-6041 kelly@crownhomesre.com Crown Homes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00
  • Chain Link Fence
  • Property is zoned 23R-2

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Middletown Subdivision

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 23-006.00-143

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: See inclusions and exclusions sheet.
  • Inclusions: See inclusions and exclusions sheet.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-01
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Price Per Sq Ft: 221.28
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Heat Pump(s)
  • 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 Source: Listing Agent

Lot Info

  • Fencing: Chain Link
  • Lot Size Acres: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: 23R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 598.00
  • Tax Annual Amount: 732.00
  • Assessor Parcel Number: 23-006.00-143
  • Tax Lot: 143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 12, 2024
Sold by
Smith Laron P
Bought by
Fileti Jill M
Seller's Agent
Rick Anibal
RE/MAX Advantage Realty
Buyer's Agent
Kelly Clark
Crown Homes Real Estate
List Price
$260,000
Sold Price
$267,000
Premium/Discount to List
$7,000
2.69%
Views
125
Current Estimated Value
$215,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,884
Avg. Annual Appreciation
-13.09%
Original Mortgage
$213,600
Outstanding Balance
$211,068
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$4,048

Purchase Details

Listed on
Jun 22, 2013
Closed on
Sep 26, 2013
Sold by
Properties For Life Llc
Bought by
Smith Laron P
Seller's Agent
Nancy Good
RE/MAX Point Realty
Buyer's Agent
Barbara Carpenter
Long & Foster Real Estate, Inc.
List Price
$99,500
Sold Price
$79,500
Premium/Discount to List
-$20,000
-20.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$78,059
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 14, 2012
Sold by
Cango Tanya M
Bought by
Properties For Life Llc
Seller's Agent
Nancy Good
RE/MAX Point Realty
Buyer's Agent
Nancy Good
RE/MAX Point Realty
List Price
$33,300
Sold Price
$25,000
Premium/Discount to List
-$8,300
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.27%
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
Fileti Jill M -- None Listed On Document
Smith Laron P $79,500 None Available
Properties For Life Llc $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fileti Jill M $213,600
Previous Owner Smith Laron P $78,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $267,000 +2.7% $227 / Sq Ft
05/31/2024 05/31/24 For Sale $260,000 +227.0% $221 / Sq Ft
09/26/2013 09/26/13 Sold $79,500 -11.2% $68 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
07/16/2013 07/16/13 Price Changed $89,500 -5.3% $76 / Sq Ft
07/05/2013 07/05/13 Price Changed $94,500 -5.0% $80 / Sq Ft
06/22/2013 06/22/13 For Sale $99,500 +298.0% $85 / Sq Ft
12/19/2012 12/19/12 Sold $25,000 -24.9% $21 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $33,300 -- $28 / 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 $799 $21,700 $5,600 $16,100
2023 $65 $21,700 $5,600 $16,100
2022 $667 $21,700 $5,600 $16,100
2021 $653 $21,700 $5,600 $16,100
2020 $645 $21,700 $5,600 $16,100
2019 $617 $20,200 $5,600 $14,600
2018 $532 $20,200 $5,600 $14,600
2017 $513 $20,200 $5,600 $14,600
2016 $460 $20,200 $5,600 $14,600
2015 $506 $20,200 $5,600 $14,600
2014 $505 $20,200 $5,600 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2061634

Bright MLS

APN: 23-006.00-143