Chris Cashman
Patterson-Schwartz-Newark
(484) 779-6265
111 Total Sales
1 in Townsend
$225,000 Price
137 Ratledge Rd Townsend, DE 19734
Townsend Area
3
Beds
2
Baths
1,621
Sq Ft
2.55
Acre Lot
Highlights
- 2.55 Acre Lot
- Deck
- 2 Car Attached Garage
- Townsend Elementary School Rated A
- No HOA
- Bathtub with Shower
About This Home
As of July 2026Nestled on 2.55 acres of wooded land, this 3 bedroom, 2 bath home with a 2 car garage and partial basement offers lots of privacy just minutes to Middletown and located in the Appoquinimink School District. This property has had recent improvements including updated HVAC(2025) and roof(2025), luxury vinyl plank flooring, range and exhaust, water softener, and water heater. The main floor offers a dining room, kitchen and living room. The lower level offers a family room and laundry room. The upper level offers 3 bedrooms and 2 full baths. The deck can be accessed from the dining area and the family room offers convenient access to the back yard. If you're looking peace and quiet and a move in ready home this is a must see! Home is in very good condition but seller prefers to sell in as-is condition.
Last Agent to Sell the Property
(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown Brokerage Phone: 3022855100 License #RSR000878 Listed on: 06/18/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,005
Year Built
- Built in 1996
Lot Details
- 2.55 Acre Lot
- Property is in very good condition
- Property is zoned NC21
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Split Level Home
- Block Foundation
- Architectural Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,621 Sq Ft Home
- Property has 3 Levels
- Family Room
- Combination Dining and Living Room
- Basement
- Garage Access
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Leased Propane
- Well
- Electric Water Heater
- Water Conditioner is Owned
- Mound Septic
Additional Features
- More Than Two Accessible Exits
- Deck
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 300
- Assessor Parcel Number 14-016.00-300
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2026
Closed on
Jul 24, 2026
Sold by
Preston Iii Thomas J and Stephanie Preston
Bought by
Seller's Agent
David Watlington
Patterson-Schwartz-Middletown
Buyer's Agent
Alec Georigi
Compass
List Price
$429,900
Sold Price
$428,000
Premium/Discount to List
-$1,900
-0.44%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$420,247
Outstanding Balance
$419,865
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$8,334
Purchase Details
Listed on
Oct 2, 2022
Closed on
Nov 10, 2022
Sold by
Simonds Erik E
Bought by
Preston Thomas J and Preston Stephanie
Seller's Agent
Michael Smith
Patterson-Schwartz-Middletown
Buyer's Agent
David Watlington
Patterson-Schwartz-Middletown
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$322,547
Interest Rate
6.75%
Mortgage Type
FHA
Purchase Details
Closed on
May 12, 2005
Sold by
Coale Jeffrey M and Coale Sheryl J
Bought by
Simonds Erik E and Stant Dana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
5.94%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 28, 2002
Sold by
Coale Jeffrey M and Coale Sheryl J
Bought by
Coale Wilson L and Coale Marsha A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.15%
Purchase Details
Closed on
Jan 25, 2002
Sold by
Pyle Charles
Bought by
Coale Wilson L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.15%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Townsend, DE
-
Chris Cashman
-
Diana Penate
Diana Penate
Bryan Realty Group
(302) 865-7368
66 Total Sales
1 in Townsend
$475,000 Price
-
Mark Macomber
Mark Macomber
RE/MAX Realty Group Rehoboth
(856) 517-8134
60 Total Sales
1 in Townsend
$524,900 Price
-
Sharon Crenshaw
Sharon Crenshaw
Samson Properties
(302) 314-0982
21 Total Sales
1 in Townsend
$395,000 Price
-
Brian Spangler
Brian Spangler
Keller Williams Real Estate - Media
(484) 787-3029
128 Total Sales
1 in Townsend
$505,000 Price
-
Jonathan Edler
Jonathan Edler
Empower Real Estate, LLC
(302) 691-9929
60 Total Sales
1 in Townsend
$553,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $136,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $95,823 | New Conventional | |
| Open | $322,547 | FHA | |
| Previous Owner | $285,500 | New Conventional | |
| Previous Owner | $31,500 | Credit Line Revolving | |
| Previous Owner | $54,600 | Stand Alone Second | |
| Previous Owner | $218,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $121,000 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/24/2026 07/24/26 | Sold | $428,000 | -0.4% | $264 / Sq Ft | |
| 06/25/2026 06/25/26 | Pending | -- | -- | -- | |
| 06/18/2026 06/18/26 | For Sale | $429,900 | +16.2% | $265 / Sq Ft | |
| 11/10/2022 11/10/22 | Sold | $370,000 | 0.0% | $255 / Sq Ft | View Prior Sale |
| 10/12/2022 10/12/22 | Price Changed | $370,000 | -2.6% | $255 / Sq Ft | |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- | |
| 10/02/2022 10/02/22 | For Sale | $379,900 | -- | $262 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,005 | $371,900 | $139,800 | $232,100 |
| 2024 | $2,847 | $65,200 | $11,600 | $53,600 |
| 2023 | $2,437 | $65,200 | $11,600 | $53,600 |
| 2022 | $2,453 | $65,200 | $11,600 | $53,600 |
| 2021 | $2,425 | $65,200 | $11,600 | $53,600 |
| 2020 | $2,398 | $65,200 | $11,600 | $53,600 |
| 2019 | $2,230 | $65,200 | $11,600 | $53,600 |
| 2018 | $2,150 | $65,200 | $11,600 | $53,600 |
| 2017 | $2,064 | $65,200 | $11,600 | $53,600 |
| 2016 | $1,896 | $65,200 | $11,600 | $53,600 |
| 2015 | $1,847 | $65,200 | $11,600 | $53,600 |
| 2014 | $1,844 | $65,200 | $11,600 | $53,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Watlington
Seller's Agent in 2026
David Watlington
Patterson Schwartz
(302) 753-8124
122 Total Sales
-
Alec Georigi
Buyer's Agent in 2026
Alec Georigi
Compass
(302) 559-7191
85 Total Sales
-
Michael Smith
MS
Seller's Agent in 2022
Michael Smith
Patterson Schwartz
(302) 437-4331
16 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2105446
APN: 14-016.00-300
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Copyright 2026 Bright MLS, Inc.
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