NOT LISTED FOR SALE

196 Preston Ln Clayton, DE 19938

Estimated Value: $256,000 - $326,000

3 Beds
2.5 Baths
1,360 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $253,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,611/month

3 Days on Market

Highlights

  • Lake Privileges
  • Deck
  • Eat-In Kitchen
  • Colonial Architecture
  • Pond
  • Living Room

About This Home

As of April 2023

Welcome to this wonderful Townhome with access to the beautiful Wheatley's Pond right from your front door! This townhome features 3 bedrooms with 2 full bathrooms upstairs and an open concept first floor with a powder room between the living room and kitchen. The kitchen has stainless steel appliances and access to the composite back deck. The home has a full basement and walkout back deck. It is located within walking distance to the local town shopping area and countless outdoor opportunities with the residents' exclusive pond, so book your showing today!

Last Agent to Sell the Property

Matt Boyles

EXP Realty, LLC License #RS0036654 Listed on: 03/17/2023

EXP Realty, LLC

Co-Listed By

Jason Morris

EXP Realty, LLC

Last Buyer's Agent

Matt Boyles

EXP Realty, LLC License #RS0036654 Listed on: 03/17/2023

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 2008

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,360 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Pond
  • Lake Privileges
  • Deck

Schools

  • Clayton Elementary School
  • Smyrna Middle School
  • Smyrna High School

Utilities

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

Community Details

  • Association fees include common area maintenance, insurance
  • Wheatleys Pond Homeowners Association
  • Wheatleys Pond Subdivision

Listing and Financial Details

  • Tax Lot 5500-000
  • Assessor Parcel Number KH-04-01815-01-5500-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,050

Year Built

Built in 2008

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Mounted television (2) and TV wall mount (2)
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-17
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Laminated, Carpet
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1360
  • Living Area Sq Ft: 1360
  • Price Per Sq Ft: 167.13
  • Above Grade Finished Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 196

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 173.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA Name: WHEATLEYS POND HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: SMYRNA
  • Elementary School: CLAYTON
  • Middle School: SMYRNA
  • High School: SMYRNA
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396884
  • School District Source: 3rd Party
  • Elementary School: CLAYTON
  • High School: SMYRNA
  • Middle Or Junior School: SMYRNA

Lot Info

  • Horses: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 708.00
  • Tax Annual Amount: 1050.00
  • Assessor Parcel Number: KH-04-01815-01-5500-000
  • Tax Lot: 5500-000
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/21/2023

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 21, 2023
Sold by
Reed Megan A
Bought by
Rudnick Joel
Seller's Agent
Matt Boyles
EXP Realty, LLC
Buyer's Agent
Matt Boyles
EXP Realty, LLC
List Price
$227,300
Sold Price
$253,000
Premium/Discount to List
$25,700
11.31%
Views
42
Current Estimated Value
$279,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,898
Avg. Annual Appreciation
4.36%
Original Mortgage
$151,800
Outstanding Balance
$147,987
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$131,911

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 14, 2018
Sold by
Ferrell Patti Lynn
Bought by
Warner Ryan M and Reed Megan A
Seller's Agent
P. Timothy Robertson
RE/MAX 1st Choice - Middletown
Buyer's Agent
Brendin Knieriem
EXP Realty, LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$166,666
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2008
Sold by
Rosemark Builders Inc
Bought by
Ferrell Patti Lynn and Ferrell Timothy Andrew
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
Rudnick Joel $253,000 None Listed On Document
Warner Ryan M $165,000 None Available
Ferrell Patti Lynn $127,865 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudnick Joel $151,800
Previous Owner Warner Ryan M $166,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $253,000 +11.3% $186 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $227,300 +37.8% $167 / Sq Ft
12/14/2018 12/14/18 Sold $165,000 0.0% $121 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $165,000 -- $121 / 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 $1,009 $239,200 $38,000 $201,200
2023 $842 $31,700 $2,100 $29,600
2022 $814 $31,700 $2,100 $29,600
2021 $798 $31,700 $2,100 $29,600
2020 $698 $31,700 $2,100 $29,600
2019 $705 $31,700 $2,100 $29,600
2018 $705 $31,700 $2,100 $29,600
2017 $703 $31,700 $0 $0
2016 $713 $31,700 $0 $0
2015 $716 $31,700 $0 $0
2014 $670 $31,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2017730

Bright MLS

APN: 3-04-01815-01-5500-000