NOT LISTED FOR SALE

242 Derbywood Cir Dover, DE 19904

Estimated Value: $516,000 - $666,000

3 Beds
2.5 Baths
2,399 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $565,000 $236 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,182/month

23 Days on Market

Highlights

  • 217 Feet of Waterfront
  • 0.73 Acre Lot
  • Log Cabin
  • Caesar Rodney High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

YOUR WATERFRONT OASIS AWAITS! This stunning custom log home comes to market for the first time since its construction. Situated on arguably the BEST spot on Derby pond, this home has all the structural and mechanical updates to give you peace of mind, plus the visual touches to enjoy the home in style. Set back from the road in the back of the quiet community of Derbywood, step inside the welcoming front porch to a breathtaking great room. Floor to soaring ceiling features rustic elegance complete with a authentic deer antler chandelier at the center and a stone wood burning fireplace provides a cozy focal point for relaxing, dining, or entertaining. An efficient chef's kitchen has brand new appliances, granite counters, stylish newly painted cabinets, and tile backsplash. There is also a large deep freezer for storing your cooking creations or your wild game. The FIRST FLOOR PRIMARY SUITE with walk in closet and rustic full bathroom with tile, an office and upper loft perfect for a 4th bedroom, a study, or recreation area. There is also a large laundry room with loads of storage and powder room. Upstairs you will find two charming bedrooms and another full bath. Never owned a log cabin? Rest easy, because the builder performed a log density test on all of the exterior Timbers. All timbers were found to be sound, plus they completed two coats of stain and polyurethane on all of the exterior, including the front porch and rear deck. Combine that with a metal roof and you have a worry free exterior for years to come. All new lighting and wiring, encapsulated crawlspace, certified septic, and brand new landscaping . Enjoy fishing, kayaking, paddle boating, or just sit on your deck and enjoy the sights on one of Kent County's most beautiful bodies of water. Derbywood is a small enclave of custom homes in Caesar Rodney School district that provides excellent access to all points north and south. Less than 10 minutes to Dover, DAFB, and 40 minutes to Delaware's beaches. All remodeling and updating work done by a stellar local builder. The quality and location are unsurpassed in this market- now scheduling private tours for this slice of heaven at 242 Derbywood Circle.

Last Agent to Sell the Property

Maggie Haass

(302) 382-9432 maggie@burnsandellis.com Burns & Ellis Realtors License #RB-0031436 Listed on: 06/15/2023

Last Buyer's Agent

Lauren Hess

(410) 459-6872 lauren@bobheadteam.com American Premier Realty, LLC License #RSR005667

American Premier Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 2003

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 99.52 x 208.00
  • 217 Feet of Waterfront
  • Property is zoned RS1

Home Design

  • Log Cabin
  • Block Foundation
  • Log Siding

Interior Spaces

  • 2,399 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property is near a pond

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Derbywood Subdivision

Listing and Financial Details

  • Tax Lot 1200-000
  • Assessor Parcel Number NM-00-10310-01-1200-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2399
  • Living Area Sq Ft: 2399
  • Price Per Sq Ft: 229.22
  • Above Grade Finished Sq Ft: 2399
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 217

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: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.73
  • Lot Dimensions: 99.52 x 208.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31963.00
  • Zoning: RS1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1588.00
  • Tax Annual Amount: 1845.00
  • Assessor Parcel Number: NM-00-10310-01-1200-000
  • Tax Lot: 1200-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 15, 2023
Sold by
Bowers Group Llc
Bought by
Mcgarty James Joseph and Mcgarty Angela
Seller's Agent
Maggie Haass
Burns & Ellis Realtors
Buyer's Agent
Lauren Hess
American Premier Realty, LLC
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Views
851
Current Estimated Value
$574,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,423
Avg. Annual Appreciation
0.72%
Original Mortgage
$300,000
Outstanding Balance
$293,353
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$281,070

Purchase Details

Closed on
May 2, 2023
Sold by
Roberts James B Le
Bought by
Bowers Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgarty James Joseph $565,000 None Listed On Document
Bowers Group Llc $357,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarty James Joseph $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $565,000 +2.7% $236 / Sq Ft
06/15/2023 06/15/23 For Sale $549,900 -- $229 / 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 $2,032 $465,100 $166,700 $298,400
2024 $2,032 $465,100 $166,700 $298,400
2023 $2,088 $77,400 $8,800 $68,600
2022 $1,509 $77,400 $8,800 $68,600
2021 $1,575 $77,400 $8,800 $68,600
2020 $1,532 $77,400 $8,800 $68,600
2019 $1,450 $77,400 $8,800 $68,600
2018 $1,354 $75,200 $8,800 $66,400
2017 $1,312 $75,200 $0 $0
2016 $1,165 $75,200 $0 $0
2015 $936 $75,200 $0 $0
2014 $955 $75,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2020464

Bright MLS

APN: 7-00-10310-01-1200-000