NOT LISTED FOR SALE

116 Lorraine Dr Frederica, DE 19946

Riverview Neighborhood

Estimated Value: $419,000 - $447,314

4 Beds
3 Baths
2,260 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 116 Lorraine Dr, Frederica, DE 19946 and is currently estimated at $432,329, approximately $191 per square foot. 116 Lorraine Dr is a home located in Kent County with nearby schools including Lake Forest East Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Bishop Mona L
Bought by
Bishop Steven Andrew
Current Estimated Value
$432,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$225,355
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,974

Purchase Details

Closed on
Jan 25, 2017
Sold by
Myers Patrick and Myers Marion R C
Bought by
Bishop Mona L

Purchase Details

Closed on
Jul 23, 2009
Sold by
Myers Patrick and Myers Marion R C
Bought by
Myers Patrick and Myers Marion R C

Purchase Details

Closed on
Jan 20, 2005
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Myers Patrick and Myers Marion R C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bishop Steven Andrew $312,500 Armour Settlement Svcs Llc
Bishop Mona L -- None Available
Myers Patrick -- None Available
Myers Patrick $243,468 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Steven Andrew $250,000
Previous Owner Myers Patrick $40,500
Source: Public Records

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 $1,788 $373,800 $78,700 $295,100
2024 $1,788 $373,800 $78,700 $295,100
2023 $1,832 $58,700 $10,800 $47,900
2022 $1,660 $58,700 $10,800 $47,900
2021 $1,583 $58,700 $10,800 $47,900
2020 $1,620 $58,700 $10,800 $47,900
2019 $1,620 $58,700 $10,800 $47,900
2018 $1,577 $58,700 $10,800 $47,900
2017 $1,629 $58,700 $0 $0
2016 $1,495 $58,700 $0 $0
2015 $1,477 $58,700 $0 $0
2014 $1,458 $58,700 $0 $0
Source: Public Records

Map

Delaware Kent County Frederica 19946 Riverview

116 Lorraine Dr, Frederica, DE

This home is located at 116 Lorraine Dr, Frederica, DE 19946 and is currently estimated at $432,329, approximately $191 per square foot. 116 Lorraine Dr is a home located in Kent County with nearby schools including Lake Forest East Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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