NOT LISTED FOR SALE

16 Pine Tree Ln Townsend, DE 19734

Estimated Value: $763,824 - $909,000

5 Beds
3.5 Baths
4,475 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $395,000 $88 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,916/month

Highlights

  • 5 Acre Lot
  • Contemporary Architecture
  • 2 Fireplaces
  • Cantwell's Bridge Middle School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2012

Public: Great opportunity to buy a bank-owned home with a great value. On 5 acres, you will find an incredible 5 bedroom, contemporary style home with 3.5 bathrooms. The scpacious, open design features a gourmet kitchen that opens to a living room with a fireplace and formal dining room. There are hardwood floors throughout most of the main floor. Best of all, the master suite is on first floor with a fantastic bathroom. Other benfits include a 2 car garage and full basement. In addition to the main residence, a seperate building with a 1 bedroom apartment sits further down the drive. House is being offered for sale under the Freddie Mac first look initiative through 05/03/2012. Owner occupants, non profits, nsp grantees and community development organizations are eligible at this time. Investors and second home purchasers may submit offers at any time, however, the offers will not be considered for negotiation until after the 15 day period.

Last Agent to Sell the Property

Norma White

(302) 465-8499 bankcontracts@gmail.com Keller Williams Realty Listed on: 04/18/2012

Keller Williams Realty

Last Buyer's Agent

Andy Mulrine

(302) 547-7139 andymulrine@gmail.com RE/MAX Associates-Hockessin License #RS308786

RE/MAX Associates-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned SR

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,475 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 14-020.00-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,071

Year Built

Built in 2001

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: 2001
  • Remarks Public: Public: Great opportunity to buy a bank-owned home with a great value. On 5 acres, you will find an incredible 5 bedroom, contemporary style home with 3.5 bathrooms. The scpacious, open design features a gourmet kitchen that opens to a living room with a fireplace and formal dining room. There are hardwood floors throughout most of the main floor. Best of all, the master suite is on first floor with a fantastic bathroom. Other benfits include a 2 car garage and full basement. In addition to the main residence, a seperate building with a 1 bedroom apartment sits further down the drive. House is being offered for sale under the Freddie Mac first look initiative through 05/03/2012. Owner occupants, non profits, nsp grantees and community development organizations are eligible at this time. Investors and second home purchasers may submit offers at any time, however, the offers will not be considered for negotiation until after the 15 day period.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s)
  • Fireplaces Count: 2
  • 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: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 4475
  • Living Area Sq Ft: 4475
  • Net Sq Ft: 4475.00
  • Price Per Sq Ft: 89.36
  • Above Grade Finished Sq Ft: 4475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Improvement Assessed Value: 162500.00
  • Land Assessed Value: 12600.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Property Condition: Good
  • Zoning: SR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2364269
  • Tax Annual Amount: 4071.00
  • Assessor Parcel Number: 14-020.00-113
  • Tax Lot: 113
  • Tax Year: 2011
  • Close Date: 08/24/2012

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Koch Amanda Leigh
Seller's Agent
Norma White
Keller Williams Realty
Buyer's Agent
Andy Mulrine
RE/MAX Associates-Hockessin
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%
Current Estimated Value
$820,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,941
Avg. Annual Appreciation
5.70%
Original Mortgage
$256,750
Outstanding Balance
$176,727
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$644,214

Purchase Details

Closed on
Jun 23, 2011
Sold by
Adkins Jason A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 20, 2008
Sold by
Wolf Kristopher W and Wolf Maria
Bought by
Adkins Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Decker George T and Decker Carol Ann
Bought by
Wolf Kristopher W and Wolf Maria
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
Koch Amanda Leigh $395,000 None Available
Federal Home Loan Mortgage Corporation $451,830 None Available
Adkins Jason A $670,000 Landamerica Lawyers Title
Wolf Kristopher W $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Amanda Leigh $256,750
Previous Owner Adkins Jason A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2012 08/24/12 Sold $395,000 -1.2% $88 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
06/22/2012 06/22/12 Price Changed $399,900 -5.9% $89 / Sq Ft
05/25/2012 05/25/12 For Sale $425,000 +7.6% $95 / Sq Ft
05/24/2012 05/24/12 Off Market $395,000 -- --
05/21/2012 05/21/12 Price Changed $425,000 -7.2% $95 / Sq Ft
04/18/2012 04/18/12 For Sale $457,900 -- $102 / 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
2024 $7,328 $175,100 $12,600 $162,500
2023 $6,227 $175,100 $12,600 $162,500
2022 $6,272 $175,100 $12,600 $162,500
2021 $6,195 $175,100 $12,600 $162,500
2020 $6,124 $175,100 $12,600 $162,500
2019 $5,671 $175,100 $12,600 $162,500
2018 $5,458 $175,100 $12,600 $162,500
2017 $5,227 $175,100 $12,600 $162,500
2016 $4,775 $175,100 $12,600 $162,500
2015 $4,644 $175,100 $12,600 $162,500
2014 $4,634 $175,100 $12,600 $162,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Norma White

    Keller Williams Realty

    Section Image
  • Andy Mulrine

    Buyer's Agent in 2012

    Andy Mulrine

    RE/MAX

    (302) 547-7139

    3 in this area

    212 Total Sales

    Andy Mulrine
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003940990

Bright MLS

APN: 14-020.00-113

Delaware New Castle County Townsend 19734

16 Pine Tree Ln, Townsend, DE

This home is located at 16 Pine Tree Ln, Townsend, DE 19734 since 18 April 2012 and is currently estimated at $820,941, approximately $183 per square foot. This property was built in 2001. 16 Pine Tree Ln is a home located in New Castle County with nearby schools including Bunker Hill Elementary School, Cantwell's Bridge Middle School, and Odessa High School.

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