NOT LISTED FOR SALE

1296 Lochmeath Way Dover, DE 19901

Estimated Value: $425,988 - $474,000

4 Beds
3 Baths
2,256 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $159,000 $70 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,521/month

Highlights

  • In Ground Pool
  • Colonial Architecture
  • No HOA
  • Caesar Rodney High School Rated A-
  • Wood Burning Stove
  • Breakfast Area or Nook

About This Home

As of January 2014

A lot of Bang for your Buck with this great home tucked away in the desirable community of Brookfield. Home features 4 bedrooms, 3 full baths, and an in-ground pool situated on a half acre partially wooded lot. Buy today and be moved in by summer so you can enjoy your new pool! This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Stephanie Lehane

(302) 659-1320 customercare@lehaneteam.com RE/MAX Eagle Realty Listed on: 05/03/2013

RE/MAX Eagle Realty

Last Buyer's Agent

Victoria Hudgins

(302) 359-2911 victoriashomesinde@gmail.com Patterson-Schwartz-Rehoboth License #R3-0016255

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x175
  • Property is zoned RS1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Schools

  • W.B. Simpson Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Brookfield Subdivision

Listing and Financial Details

  • Tax Lot 0800-000
  • Assessor Parcel Number NM-00-10308-01-0800-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Remarks Public: A lot of Bang for your Buck with this great home tucked away in the desirable community of Brookfield. Home features 4 bedrooms, 3 full baths, and an in-ground pool situated on a half acre partially wooded lot. Buy today and be moved in by summer so you can enjoy your new pool! This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Net Sq Ft: 2256.00
  • Price Per Sq Ft: 73.09
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1296

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Wood
  • Heating Type: Oil, Wood Burn Stove, Forced Air
  • 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: W.B. SIMPSON
  • School District Key: 300200396889
  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Size Acres: 0.50
  • Lot Dimensions: 125X175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21875.00
  • Zoning: RS1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2464633
  • Tax Annual Amount: 1045.00
  • Assessor Parcel Number: NM-00-10308-01-0800-000
  • Tax Lot: 0800-000
  • Tax Year: 2013
  • Close Date: 01/16/2014

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jan 13, 2014
Sold by
Federal National Mortgage Association
Bought by
Dallas Nikollas and Dallas Efimi
Seller's Agent
Stephanie Lehane
RE/MAX Eagle Realty
Buyer's Agent
Victoria Hudgins
Patterson-Schwartz-Rehoboth
List Price
$174,900
Sold Price
$159,000
Premium/Discount to List
-$15,900
-9.09%
Current Estimated Value
$442,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,997
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Welborn Jay A and Welborn Susan L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 2007
Sold by
Wilkins Peter J
Bought by
Welborn Jay A and Welborn Susan L

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
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dallas Nikollas $159,000 None Available
Federal National Mortgage Association -- None Available
Welborn Jay A $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welborn Jay A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $159,000 -3.6% $70 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
12/05/2013 12/05/13 Price Changed $164,900 -5.7% $73 / Sq Ft
12/02/2013 12/02/13 Price Changed $174,900 0.0% $78 / Sq Ft
12/02/2013 12/02/13 For Sale $174,900 0.0% $78 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/03/2013 09/03/13 Price Changed $174,900 -2.8% $78 / Sq Ft
08/27/2013 08/27/13 For Sale $179,900 0.0% $80 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $179,900 0.0% $80 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $179,900 -- $80 / 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 $2,066 $424,500 $105,100 $319,400
2024 $2,066 $424,500 $105,100 $319,400
2023 $0 $67,600 $16,100 $51,500
2022 $1,973 $67,500 $16,100 $51,400
2021 $1,949 $67,500 $16,100 $51,400
2020 $1,906 $67,500 $16,100 $51,400
2019 $1,844 $67,500 $16,100 $51,400
2018 $1,789 $67,500 $16,100 $51,400
2017 $1,747 $67,500 $0 $0
2016 $1,660 $67,500 $0 $0
2015 $1,433 $67,500 $0 $0
2014 $1,317 $60,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003434786

Bright MLS

APN: 7-00-10308-01-0800-000