NOT LISTED FOR SALE

161 Sorrell Cir Smyrna, DE 19977

Estimated Value: $335,000 - $343,000

2 Beds
2 Baths
1,413 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $153,000 $108 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,086/month

Highlights

  • Clubhouse
  • Community Pool
  • Eat-In Kitchen
  • Rambler Architecture
  • 1 Car Attached Garage
  • Patio

About This Home

As of January 2015

This is a Department of Housing and Urban Development property Case number 071-144476, Home is being sold "AS IS", Property is (UN)UNINSURED for FHA financing in its "as-is" condition. FHA 203K AND 203K STREAMLINE ARE AVAILABLE FOR THIS PROPERTY. All offers will need to include a Lenders written letter or proof of funds, which include the case # & address. All lenders should be willing to lend on an "AS-IS" condition. The utilities are off so please use caution. Buyers representative will need to be present for all showings & inspections. All property information including "property condition report" are available on the web. If the plumbing failed the pressure test, the water will not be allowed to be turned on for insp. Municipalities requiring Use & Occupancy are at buyers expense. Buyers representative to obtain City Certs. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Equal Housing Opportunity Property. Selling broker must have an NAID #. Owner occupant bids only the first 11 days. Investors can bid on the 12th day

Last Agent to Sell the Property

Richard Marcus

(302) 275-4600 rimlmm123@gmail.com Partners Realty LLC License #RB-0002005 Listed on: 11/01/2014

Last Buyer's Agent

Charles Graef

(302) 239-7924 Charles@charlesgraef.com RE/MAX Associates-Hockessin

RE/MAX Associates-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $841

Year Built

  • Built in 2006

Lot Details

  • 3,756 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Property is in good condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,413 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2400-000
  • Assessor Parcel Number DC-00-03702-03-2400-000

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal
  • Spring Meadow Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$841

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2006
  • Remarks Public: This is a Department of Housing and Urban Development property Case number 071-144476, Home is being sold "AS IS", Property is (UN)UNINSURED for FHA financing in its "as-is" condition. FHA 203K AND 203K STREAMLINE ARE AVAILABLE FOR THIS PROPERTY. All offers will need to include a Lenders written letter or proof of funds, which include the case # & address. All lenders should be willing to lend on an "AS-IS" condition. The utilities are off so please use caution. Buyers representative will need to be present for all showings & inspections. All property information including "property condition report" are available on the web. If the plumbing failed the pressure test, the water will not be allowed to be turned on for insp. Municipalities requiring Use & Occupancy are at buyers expense. Buyers representative to obtain City Certs. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Equal Housing Opportunity Property. Selling broker must have an NAID #. Owner occupant bids only the first 11 days. Investors can bid on the 12th day
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Island, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1413
  • Living Area Sq Ft: 1413
  • Net Sq Ft: 1413.00
  • Price Per Sq Ft: 108.28
  • Above Grade Finished Sq Ft: 1413
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 161

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: SMYRNA
  • School District Key: 300200396884

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 30X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3756.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4695114
  • Tax Annual Amount: 841.00
  • Assessor Parcel Number: DC-00-03702-03-2400-000
  • Tax Lot: 2400-000
  • Tax Year: 2014
  • Close Date: 01/26/2015

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Jan 22, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Oas Robert J and Oas Dawn J
Seller's Agent
Richard Marcus
Partners Realty LLC
Buyer's Agent
Charles Graef
RE/MAX Associates-Hockessin
List Price
$170,000
Sold Price
$153,000
Premium/Discount to List
-$17,000
-10%
Current Estimated Value
$338,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,860
Avg. Annual Appreciation
7.70%
Original Mortgage
$114,750
Outstanding Balance
$87,796
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$251,064

Purchase Details

Closed on
Jul 18, 2014
Sold by
Ocwen Loan Servicing Llc
Bought by
Us Secretary Of Hsng & Urban Development

Purchase Details

Closed on
Jun 20, 2014
Sold by
Fowler John D
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jul 24, 2008
Sold by
Fowler John D and Fowler Amy L
Bought by
Fowler John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,961
Interest Rate
6.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 22, 2006
Sold by
Wilkinson Meadow L P
Bought by
Fowler John D and Fowler Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,924
Interest Rate
7.05%
Mortgage Type
Assumption
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
Oas Robert J $153,000 None Available
Us Secretary Of Hsng & Urban Development -- None Available
Ocwen Loan Servicing Llc $131,688 None Available
Fowler John D -- None Available
Fowler John D $248,805 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oas Robert J $114,750
Previous Owner Fowler John D $240,961
Previous Owner Fowler John D $223,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $153,000 0.0% $108 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
12/22/2014 12/22/14 Price Changed $153,000 -10.0% $108 / Sq Ft
11/01/2014 11/01/14 For Sale $170,000 -- $120 / 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 $1,672 $304,400 $73,400 $231,000
2024 $1,672 $304,400 $73,400 $231,000
2023 $1,399 $38,300 $3,400 $34,900
2022 $1,349 $38,300 $3,400 $34,900
2021 $1,321 $38,300 $3,400 $34,900
2020 $1,185 $38,300 $3,400 $34,900
2019 $1,192 $38,300 $3,400 $34,900
2018 $1,192 $38,300 $3,400 $34,900
2017 $1,191 $38,300 $0 $0
2016 $1,142 $38,300 $0 $0
2015 $1,153 $39,800 $0 $0
2014 -- $39,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003138226

Bright MLS

APN: 1-00-03702-03-2400-000