NOT LISTED FOR SALE

1370 Lorewood Grove Rd Middletown, DE 19709

Odessa Neighborhood

Estimated Value: $698,000

-- Bed
-- Bath
-- Sq Ft
112.74 Acres

Last Sold October 11, 2013

Last sale price $900,000

Est. 22% decrease in value since last sale

Current estimated payment $4,425/month

246 Days on Market

Highlights

  • 112.74 Acre Lot
  • No HOA
  • Crops
  • Lorewood Grove Elementary School Rated A
  • En-Suite Primary Bedroom
  • Farm

About This Home

As of October 2013

Wonderful 112 acre tract of land (100 acres tillable) located near the Village of Summit just south of the C & D Canal and north of Middletown. The property lends itself to a multitude of uses, including agricultural, residential development or a large lot community. The parcel is located between Summit Aviation and Bayberry. A Must See. Current tenant farmer.

Last Agent to Sell the Property

A. John Price

Patterson-Schwartz Real Estate License #RSR002189 Listed on: 06/12/2012

Last Buyer's Agent

Lisa Johannsen

Patterson-Schwartz-Middletown License #RS-0019702

Patterson-Schwartz-Middletown

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,834

Lot Details

  • 112.74 Acre Lot
  • Rural Setting

Home Design

  • Farm

Schools

  • Cedar Lane Elementary School
  • Alfred G. Waters Middle School
  • Appoquinimink High School

Utilities

  • No Septic Approved
  • Sewer Not Available
  • Phone Available

Additional Features

  • En-Suite Primary Bedroom
  • Crops

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 13-007.00-019

Property Details

Property Type

Other

Est. Annual Taxes

$6,834

Lot Details

0

Listing Details

  • Property Type: Farm
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Wonderful 112 acre tract of land (100 acres tillable) located near the Village of Summit just south of the C & D Canal and north of Middletown. The property lends itself to a multitude of uses, including agricultural, residential development or a large lot community. The parcel is located between Summit Aviation and Bayberry. A Must See. Current tenant farmer.
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Street Number Modifier: 1370

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic Approved, No Sewer System
  • Utilities: Electric Available, Phone Available

Condo/Co-op/Association

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

Schools

  • School District: APPOQUINIMINK
  • Elementary School: CEDAR LANE
  • Middle School: ALFRED G. WATERS
  • High School: APPOQUINIMINK
  • School District Key: 300200396893
  • Elementary School: CEDAR LANE
  • High School: APPOQUINIMINK
  • Middle Or Junior School: ALFRED G. WATERS

Lot Info

  • Farm Operation: Row Crop
  • Improvement Assessed Value: 3800.00
  • Land Assessed Value: 170600.00
  • Lot Features: Rural
  • Lot Size Acres: 112.74
  • Lot Dimensions: 0X0, LotWidth:0 X LotDepth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4910954.00
  • Zoning: S

Rental Info

  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2355720
  • Tax Annual Amount: 88.00
  • Assessor Parcel Number: 13-007.00-019
  • Tax Lot: 019
  • Tax Year: 2011
  • Close Date: 10/11/2013

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Oct 11, 2013
Sold by
Baker Barbara J and Yaiser Catherine A
Bought by
Emerson Robert L
Seller's Agent
A. John Price
Patterson-Schwartz Real Estate
Buyer's Agent
Lisa Johannsen
Patterson-Schwartz-Middletown
List Price
$1,127,000
Sold Price
$900,000
Premium/Discount to List
-$227,000
-20.14%
Current Estimated Value
$698,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,000
Original Mortgage
$400,000
Outstanding Balance
$303,593
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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
Emerson Robert L $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Ii Robert L $238,686
Closed Emerson Robert L $250,000
Open Emerson Robert L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $900,000 -20.1% --
02/13/2013 02/13/13 Pending -- -- --
06/12/2012 06/12/12 For Sale $1,127,000 -- --
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
2024 $6,834 $328,400 $195,100 $133,300
2023 $5,807 $328,400 $195,100 $133,300
2022 $5,849 $328,400 $195,100 $133,300
2021 $5,711 $328,400 $195,100 $133,300
2020 $5,711 $328,400 $195,100 $133,300
2019 $5,289 $328,400 $195,100 $133,300
2018 $0 $328,400 $195,100 $133,300
2017 -- $168,100 $168,100 $0
2016 -- $168,100 $168,100 $0
2015 -- $168,100 $168,100 $0
2014 -- $168,100 $168,100 $0
Source: Public Records

Agents Affiliated with this Home

  • A. John Price

    Seller's Agent in 2013

    A. John Price

    Patterson-Schwartz Real Estate

    (302) 378-1979

    7 in this area

    48 Total Sales

    A. John Price
    Section Image
  • Lisa Johannsen

    Buyer's Agent in 2013

    Lisa Johannsen

    Patterson Schwartz

    (302) 270-5082

    11 in this area

    83 Total Sales

    Lisa Johannsen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004005132

Bright MLS

APN: 13-007.00-019

Delaware New Castle County Middletown 19709 Odessa

1370 Lorewood Grove Rd, Middletown, DE

This home is located at 1370 Lorewood Grove Rd, Middletown, DE 19709 since 12 June 2012 and is currently priced at $698,000. 1370 Lorewood Grove Rd is a home located in New Castle County with nearby schools including Lorewood Grove Elementary School, Alfred G. Waters Middle School, and Middletown High School.

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