Seller's Agent in 2012
Robert Pritchard
Patterson Schwartz
(302) 753-3970
122 Michael Ln Bear, DE 19701
Kirkwood NeighborhoodEstimated Value: $506,174 - $696,000
3
Beds
2.5
Baths
1,300
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Porch
- Alfred G. Waters Middle School Rated A
- Attic
- 2 Car Attached Garage
About This Home
As of July 2012Welcome to 122 Michael Lane, in Caravel Woods. This 3bd/2.1bth home has a 2 car garage & is situated on a 1/2 acre lot. The main level features three large bedrooms (the main bedroom boasts his & her closets and a full bath), LR, DR, & an "eat-in" kitchen. On the lower level, there is a large family room, an office, & a large powder room. This home is in "move-in" condition, with fresh paint, new carpet, lots of wood flooring, a screened porch, & a fenced yard. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. All offers must include the FNMA Real Estate Purchase Addendum, the FNMA LBP disclosure, & a mortgage pre-approval or proof of funds. This property is approved for HomePath Mortgage Financing & HomePath Renovation Mortgage Financing. Take advantage of today's market conditions - great rates, great location, & a great price! This home is offered as-is & can settle quickly.
Last Agent to Sell the Property
(302) 753-3970 rpritchard@psre.com Patterson-Schwartz-Middletown Listed on: 05/16/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,012
Year Built
- Built in 1993
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 106 x 191
- Level Lot
- Property is in good condition
- Property is zoned NC21
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Driveway
Home Design
- Colonial Architecture
- Bi-Level Home
- Brick Exterior Construction
- Brick Foundation
- Pitched Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Laundry on lower level
- Attic
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- 2.5 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Patio
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Association fees include common area maintenance
- Caravel Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 1104220021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2012
Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Labrador Anthony C
Seller's Agent
Robert Pritchard
Patterson-Schwartz-Middletown
Buyer's Agent
Patricia Wolf
Tesla Realty Group, LLC
List Price
$239,500
Sold Price
$244,500
Premium/Discount to List
$5,000
2.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,044
Avg. Annual Appreciation
6.36%
Original Mortgage
$222,294
Outstanding Balance
$153,664
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$404,880
Purchase Details
Closed on
Apr 12, 2012
Sold by
Ratliff Larry D and Ratliff Debora M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 9, 2007
Sold by
Hild William J and Hild Kelly A
Bought by
Ratliff Larry D and Ratliff Debora M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,405
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Labrador Anthony C | $244,500 | None Available | |
| Federal National Mortgage Association | $335,400 | None Available | |
| Ratliff Larry D | $329,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Labrador Anthony C | $222,294 | |
| Previous Owner | Ratliff Larry D | $263,405 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2012 07/20/12 | Sold | $244,500 | +2.1% | $188 / Sq Ft |
| 05/25/2012 05/25/12 | Pending | -- | -- | -- |
| 05/16/2012 05/16/12 | For Sale | $239,500 | -- | $184 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,788 | $82,100 | $16,300 | $65,800 |
| 2023 | $2,296 | $82,100 | $16,300 | $65,800 |
| 2022 | $3,056 | $82,100 | $16,300 | $65,800 |
| 2021 | $3,018 | $82,100 | $16,300 | $65,800 |
| 2020 | $2,985 | $82,100 | $16,300 | $65,800 |
| 2019 | $2,952 | $82,100 | $16,300 | $65,800 |
| 2018 | $2,682 | $82,100 | $16,300 | $65,800 |
| 2017 | $2,574 | $82,100 | $16,300 | $65,800 |
| 2016 | $2,343 | $82,100 | $16,300 | $65,800 |
| 2015 | $2,281 | $82,100 | $16,300 | $65,800 |
| 2014 | $2,287 | $82,100 | $16,300 | $65,800 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Pritchard
-
Patricia Wolf
Buyer's Agent in 2012
Patricia Wolf
Tesla Realty Group, LLC
(302) 635-0214
2 in this area
86 Total Sales
Map
Source: Bright MLS
MLS Number: 1003967692
APN: 11-042.20-021
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