116 Lorraine Dr Frederica, DE 19946
Riverview NeighborhoodEstimated Value: $416,000 - $437,000
4
Beds
3
Baths
2,260
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 116 Lorraine Dr, Frederica, DE 19946 and is currently estimated at $424,490, approximately $187 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
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
$199,135
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $1,844 | $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
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