NOT LISTED FOR SALE

192 Cooper Ave Frederica, DE 19946

Estimated Value: $127,000 - $368,000

0.18 Acre
$1,329,628 Price per Acre
7,841 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $190,000

Est. 26% increase in value since last sale

Current estimated payment $1,410/month

4 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Bay View
  • No HOA

About This Lot

As of October 2021

Imagine waking up to this view every morning! Wonderful views from this level waterfront lot overlooking the Murderkill River. Views of the Delaware Bay can also be enjoyed from this great property. The amazing sunrises over the bay and the beautiful views of the moon reflecting on the water at night can be a daily experience! Walk to the two community restaurants and enjoy the beach life. Enjoy nature at its finest! This is a recently subdivided lot with 43.61 ft frontage.

Last Agent to Sell the Property

KAREN FLOWERS

(302) 858-6655 karen@jacklingo.com Jack Lingo - Rehoboth License #RS-0020733 Listed on: 08/11/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

BRETT REILLY

(301) 509-4677 reilly_brett@yahoo.com Patterson-Schwartz-OceanView License #RS-0020963

Patterson-Schwartz-OceanView

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $268

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 43.61x185.15x43.75x179.89
  • 43 Feet of Waterfront
  • Cleared Lot
  • This is a recent subdivision; now two lots.
  • Impact Fee Building Permits
  • Property is zoned TOWN CODES, Town codes

Property Views

  • Bay
  • River

Location

  • Flood Risk

Utilities

  • Shared Well
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number SM-01-11517-02-78.01-000

Community Details

Overview

  • No Home Owners Association
  • Bowers Beach Subdivision

Recreation

  • Water Access
  • River Nearby
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$268

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Imagine waking up to this view every morning! Wonderful views from this level waterfront lot overlooking the Murderkill River. Views of the Delaware Bay can also be enjoyed from this great property. The amazing sunrises over the bay and the beautiful views of the moon reflecting on the water at night can be a daily experience! Walk to the two community restaurants and enjoy the beach life. Enjoy nature at its finest! Recently subdivided.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 24.23
  • Street Number Modifier: 192

Exterior Features

  • Construction Completed: No
  • View: River, Bay
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 43

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: This is a recent subdivision; now two lots.
  • Lot Features: Cleared, Rip-Rapped
  • Lot Size Acres: 0.18
  • Lot Dimensions: 43.61x185.15x43.75x179.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7840.80
  • Zoning: TOWN CODES
  • Zoning Description: Town codes
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 268.00
  • Assessor Parcel Number: SM-01-11517-02-78.01-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/27/2021

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Diana Penn
Bought by
Penn Diana and Penn Hayes J
Current Estimated Value
$239,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$477,769
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
-$238,436

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 7, 2021
Sold by
Hawk Terry L
Bought by
Penn Diana
Seller's Agent
KAREN FLOWERS
Jack Lingo - Rehoboth
Buyer's Agent
BRETT REILLY
Patterson-Schwartz-OceanView
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$133,000
Interest Rate
2.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Penn Diana -- Benson Bonnie M
Penn Diana -- None Listed On Document
Penn Diana $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penn Diana $505,000
Closed Penn Diana $505,000
Previous Owner Penn Diana $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 For Sale $180,000 -5.3% --
10/27/2021 10/27/21 Sold $190,000 0.0% --
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $190,000 +5.6% --
08/11/2021 08/11/21 For Sale $180,000 +2.9% --
05/28/2021 05/28/21 Sold $175,000 -- --
02/28/2021 02/28/21 Pending -- -- --
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 $1,747 $487,000 $176,600 $310,400
2024 $1,747 $487,000 $176,600 $310,400
2023 $920 $39,100 $6,800 $32,300
2022 $143 $6,800 $6,800 $0
2021 $135 $6,800 $6,800 $0
Source: Public Records

Agents Affiliated with this Home

  • KAREN FLOWERS

    Buyer's Agent in 2022

    KAREN FLOWERS

    Jack Lingo - Rehoboth

    (302) 858-6655

    4 in this area

    21 Total Sales

    KAREN FLOWERS
    Section Image
  • BRETT REILLY

    Buyer's Agent in 2021

    BRETT REILLY

    Patterson Schwartz

    (301) 509-4677

    1 in this area

    4 Total Sales

    BRETT REILLY
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT249344

Bright MLS

APN: 9-00-07402-03-6300-000

Delaware Kent County Frederica 19946

192 Cooper Ave, Frederica, DE

This home is located at 192 Cooper Ave, Frederica, DE 19946 since 11 August 2021 and is currently estimated at $239,333. 192 Cooper Ave is a home located in Kent County with nearby schools including Lake Forest East Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

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