NOT LISTED FOR SALE

1179 Lochmeath Way Dover, DE 19901

Estimated Value: $320,000 - $450,000

4 Beds
2.5 Baths
2,058 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $130,000 $63 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,212/month

Highlights

  • Water Oriented
  • Deck
  • Wooded Lot
  • Caesar Rodney High School Rated A-
  • Contemporary Architecture
  • Attic

About This Home

As of August 2012

R-7040 Located on a wooded half acre lot with Newell Branch stream at the back property line across from Brookfield. This bank owned two story will need repairs (roof, drywall, patio door) and some remodeling, but the location is all worth the investment. There are four good sized bedrooms, a family room with a woodburning brick fireplace, and large rear decking looking over the rear woods and stream. This will be an ideal FHA 203k home and is being sold by the bank in "as-is" condition, inspections are for information only and seller will make no repairs, financing is limited to rehab mortgage or cash, no USDA or VA. Mold growth is present in this property and all persons inspecting the home should take necessary precautions.

Last Agent to Sell the Property

Ed Hommond

(302) 242-8867 ehammond@remax.net RE/MAX Horizons License #RA-0031131 Listed on: 02/13/2012

RE/MAX Horizons

Last Buyer's Agent

Andy Whitescarve Whitescarver

(302) 242-5557 doverrealestate@aol.com RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1993

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 135x170
  • Creek or Stream
  • Wooded Lot
  • Back and Front Yard
  • Property is in below average condition
  • Property is zoned RS1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,058 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Breakfast Area or Nook
  • Laundry on upper level
  • Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Water Oriented
  • Deck

Location

  • Property is near a creek

Schools

  • Star Hill Elementary School
  • Caesar Rodney High School

Utilities

  • Central Air
  • Heating Available
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2700-000
  • Assessor Parcel Number NM-00-09400-02-2700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,137

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: R-7040 Located on a wooded half acre lot with Newell Branch stream at the back property line across from Brookfield. This bank owned two story will need repairs (roof, drywall, patio door) and some remodeling, but the location is all worth the investment. There are four good sized bedrooms, a family room with a woodburning brick fireplace, and large rear decking looking over the rear woods and stream. This will be an ideal FHA 203k home and is being sold by the bank in "as-is" condition, inspections are for information only and seller will make no repairs, financing is limited to rehab mortgage or cash, no USDA or VA. Mold growth is present in this property and all persons inspecting the home should take necessary precautions.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Skylight(s), Breakfast Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2058
  • Living Area Sq Ft: 2058
  • Net Sq Ft: 2058.00
  • Price Per Sq Ft: 55.68
  • Above Grade Finished Sq Ft: 2058
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1179

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CAESAR RODNEY
  • Elementary School: STAR HILL
  • High School: CAESAR RODNEY
  • School District Key: 300200396889
  • Elementary School: STAR HILL
  • High School: CAESAR RODNEY

Lot Info

  • Lot Features: Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 0.53
  • Lot Dimensions: 135X170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22950.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Zoning: RS1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2460936
  • Tax Annual Amount: 1137.00
  • Assessor Parcel Number: NM-00-09400-02-2700-000
  • Tax Lot: 2700-000
  • Tax Year: 2011
  • Close Date: 08/22/2012

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jun 25, 2012
Sold by
Equicredit Corporation Of America
Bought by
Walsh Brian M and Gray Sherri D
Seller's Agent
Ed Hommond
RE/MAX Horizons
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$125,595
Sold Price
$130,000
Premium/Discount to List
$4,405
3.51%
Current Estimated Value
$388,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,493
Avg. Annual Appreciation
8.69%
Original Mortgage
$158,258
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2011
Sold by
Harrell Micheal J and Harrell Cynthia Bryant
Bought by
Equicredit Corporation Of America
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
Walsh Brian M $130,000 None Available
Equicredit Corporation Of America -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Brian M $158,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2012 08/22/12 Sold $130,000 +13.4% $63 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/17/2012 05/17/12 Price Changed $114,595 -8.8% $56 / Sq Ft
05/15/2012 05/15/12 For Sale $125,595 -3.4% $61 / Sq Ft
05/14/2012 05/14/12 Off Market $130,000 -- --
04/20/2012 04/20/12 Price Changed $125,595 -6.9% $61 / Sq Ft
03/27/2012 03/27/12 Price Changed $134,959 -6.7% $66 / Sq Ft
03/13/2012 03/13/12 Price Changed $144,595 -6.7% $70 / Sq Ft
02/13/2012 02/13/12 For Sale $154,959 -- $75 / 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 $1,819 $362,000 $101,000 $261,000
2024 $1,819 $362,000 $101,000 $261,000
2023 $1,743 $54,100 $6,600 $47,500
2022 $1,653 $54,100 $6,600 $47,500
2021 $1,633 $54,100 $6,600 $47,500
2020 $1,595 $54,100 $6,600 $47,500
2019 $1,544 $54,100 $6,600 $47,500
2018 $1,501 $54,100 $6,600 $47,500
2017 $1,467 $54,100 $0 $0
2016 $1,386 $54,100 $0 $0
2015 $1,204 $54,100 $0 $0
2014 $1,202 $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Hommond

    Seller's Agent in 2012

    Ed Hommond

    RE/MAX

    (302) 242-8867

    16 Total Sales

    Ed Hommond
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Map

Source: Bright MLS

MLS Number: 1003846752

Bright MLS

APN: 7-00-09400-02-2700-000

Delaware Kent County Dover 19901

1179 Lochmeath Way, Dover, DE

This home is located at 1179 Lochmeath Way, Dover, DE 19901 since 13 February 2012 and is currently estimated at $388,493, approximately $188 per square foot. This property was built in 1993. 1179 Lochmeath Way is a home located in Kent County with nearby schools including Star Hill Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

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