NOT LISTED FOR SALE

2138 Old Kirkwood Rd Bear, DE 19701

Kirkwood Neighborhood

Estimated Value: $482,000 - $558,000

1.23 Acres
$419,402 Price per Acre
53,579 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $95,000 $79 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $2,977/month

168 Days on Market

About This Lot

As of December 2016

Vacant Lot in Rolling Meadows. To the best of seller's knowledge: Property is zoned NC21. Front and rear set back 40' side yard set back 10'. A mobile home can be placed on the property but must be at least 750 sq ft. Property has a propane tank on site, Artesian (public) water, and a newer septic which was replaced in 2011 (based on previous owners communication). Septic Inspection Report is available from 2-24-14 at time of the current owner's purchase. NCC states a 3 bedroom is allowable using the existing septic system. Rear of property was tested when new septic was installed and is approved for a new septic if need be in the future. Buyer is responsible to complete their due diligence and verify the above statements with the proper resources at New Castle County. Seller will not be held liable for the above statements and simple reached out to the county to provide possible options for this land. Open Permits are active and will be closed as this owner just removed the previously existing structure due to severe damage. Here are the guidelines for the Lot Loans: 75% max loan to value ? Purchaser to put 25% down to make the purchase, and an appraisal would need to be completed. 1-3 year "balloon" term (must be paid in full within 36 months). 1% of the loan amount will be charged as a fee. Interest rates are currently as low as 6.64% (highest credit tier with automatic payment from a Fulton Account) and as high as 9.89% (lowest credit tier without the auto draft) Interest only payments during the time the loan is outstanding for $86,250 (115,000-25%)

Last Agent to Sell the Property

Ashle Wilson Bailey

(302) 888-1234 ashle@levywilson.com Long & Foster Real Estate, Inc. Listed on: 06/03/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Suzann Ruggerio Arms

(302) 383-3056 SRA@LNF.com Long & Foster Real Estate, Inc. License #RA0020664

Last Buyer's Agent

Peggy Sheehan

(302) 285-0984 peggysheehan3@aol.com Patterson-Schwartz-Middletown License #RS-0020080

Patterson-Schwartz-Middletown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $399

Lot Details

  • 1.23 Acre Lot
  • Property is zoned NC21

Schools

  • Kathleen H. Wilbur Elementary School
  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • On Site Septic

Community Details

  • No Home Owners Association
  • Rolling Meadows Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 12-012.00-025

Property Details

Property Type

Land

Est. Annual Taxes

$399

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 2.15

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: KATHLEEN H. WILBUR
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Lot Size Acres: 1.23
  • Lot Dimensions: 90X500, LotWidth:40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53579.00
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2353239
  • Tax Annual Amount: 399.00
  • Assessor Parcel Number: 12-012.00-025
  • Tax Lot: 025
  • Tax Year: 2016

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Stierle David A
Bought by
Stierle David A and Stierle Yvonne P
Current Estimated Value
$515,865

Purchase Details

Listed on
Jun 3, 2016
Closed on
Dec 30, 2016
Sold by
Smith William J
Bought by
Stierle David A
Seller's Agent
Ashle Wilson Bailey
Long & Foster Real Estate, Inc.
Buyer's Agent
Peggy Sheehan
Patterson-Schwartz-Middletown
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.86%
Original Mortgage
$46,000
Outstanding Balance
$37,865
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$478,000

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 24, 2014
Sold by
Smith William
Bought by
Smith William J
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Suzann Ruggerio Arms
Long & Foster Real Estate, Inc.
List Price
$94,900
Sold Price
$78,000
Premium/Discount to List
-$16,900
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 10, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Smith William
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Suzann Ruggerio Arms
Long & Foster Real Estate, Inc.
List Price
$94,900
Sold Price
$78,000
Premium/Discount to List
-$16,900
-17.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stierle David A -- None Available
Stierle David A -- None Available
Smith William J -- None Available
Smith William $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stierle David A $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2016 12/30/16 Sold $95,000 -17.4% $79 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $115,000 +47.4% $96 / Sq Ft
02/25/2014 02/25/14 Sold $78,000 -11.3% $65 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
01/15/2014 01/15/14 Price Changed $87,900 -7.4% $73 / Sq Ft
01/06/2014 01/06/14 For Sale $94,900 -- $79 / 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 $3,251 $97,500 $15,300 $82,200
2023 $2,948 $97,500 $15,300 $82,200
2022 $3,091 $97,500 $15,300 $82,200
2021 $3,091 $97,500 $15,300 $82,200
2020 $3,112 $97,500 $15,300 $82,200
2019 $3,106 $97,500 $15,300 $82,200
2018 $3,048 $97,500 $15,300 $82,200
2017 $447 $15,300 $15,300 $0
2016 $921 $35,300 $15,300 $20,000
2015 $921 $35,300 $15,300 $20,000
2014 $922 $35,300 $15,300 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003951807

Bright MLS

APN: 12-012.00-025