NOT LISTED FOR SALE

2632 Smyrna Leipsic Rd Smyrna, DE 19977

Estimated Value: $197,000 - $230,000

2 Beds
1 Bath
720 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $167,000 $232 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,265/month

82 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Heating Available
  • Rambler Architecture

About This Home

As of August 2022

Back on the market!! This cozy two bedrooms, 1 bath bungalow on close to 1/3 of an acre surrounded by farmland and sits just 5 minutes from downtown Smyrna, DE. Perfect for the first time homeowner or investor looking for a rental property. Over the years the seller has made some improvements which include a completely rehabbed eat in kitchen in 2011 w/ stainless steel appliances(dishwasher replaced in 12/2021), oak cabinets w/ pantry and commercial grade ceramic tile and grout flooring. The bathroom was remodeled in 2020 adding a roomy ceramic tile seated shower with decorative inlay, new vanity and tile flooring. The living room has a woodstove keeping you nice and toasty on those cold winter nights. Bamboo flooring was installed in 2017 and found throughout the rest of the home. For additional storage space there's a partially floored attic as well as a 12x16 storage shed. New roof in 2011, new shutters, freshly painted foundation and lighting in 2022 and Mitsubishi HVAC split units in 2022. All appliances are included as well. Septic inspection has been completed and system failed. Seller will provide site evaluation, home inspection and WDI Report. All major repairs are currently in the process of being completed. If you're looking for country living w/ no HOA or deed restrictions, but still close to restaurants, shopping, medical facilities and major highways....this could be the one for you!!

Last Agent to Sell the Property

Stephanie Lehane

RE/MAX Eagle Realty Listed on: 04/09/2022

RE/MAX Eagle Realty

Co-Listed By

Krista LaFashia

RE/MAX Eagle Realty

Last Buyer's Agent

Ryan Fitzwater

RE/MAX 1st Choice - Middletown License #RS0026150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 117.90 x 210.00
  • Property is zoned AC

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3009-000
  • Assessor Parcel Number DC-00-02000-01-3009-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$362

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-09
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Back on the market!! This cozy two bedrooms, 1 bath bungalow on close to 1/3 of an acre surrounded by farmland and sits just 5 minutes from downtown Smyrna, DE. Perfect for the first time homeowner or investor looking for a rental property. Over the years the seller has made some improvements which include a completely rehabbed eat in kitchen in 2011 w/ stainless steel appliances(dishwasher replaced in 12/2021), oak cabinets w/ pantry and commercial grade ceramic tile and grout flooring. The bathroom was remodeled in 2020 adding a roomy ceramic tile seated shower with decorative inlay, new vanity and tile flooring. The living room has a woodstove keeping you nice and toasty on those cold winter nights. Bamboo flooring was installed in 2017 and found throughout the rest of the home. For additional storage space there's a partially floored attic as well as a 12x16 storage shed. New roof in 2011, new shutters, freshly painted foundation and lighting in 2022 and Mitsubishi HVAC split units in 2022. All appliances are included as well. Septic inspection has been completed and system failed. Seller will provide site evaluation, home inspection and WDI Report. All major repairs are currently in the process of being completed. If you're looking for country living w/ no HOA or deed restrictions, but still close to restaurants, shopping, medical facilities and major highways....this could be the one for you!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 235.97
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2632

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Wood
  • Heating Type: Wood Burn Stove
  • 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: SMYRNA
  • School District Key: 300200396884
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 117.90 x 210.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Year Assessed: 2021
  • Zoning: AC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2419643
  • School Tax: 314.00
  • Tax Annual Amount: 362.00
  • Assessor Parcel Number: DC-00-02000-01-3009-000
  • Tax Lot: 3009-000
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/03/2022

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Aug 3, 2022
Sold by
Wagner Stephen D
Bought by
Koch Jonathan E and Kersey Evan J
Seller's Agent
Stephanie Lehane
RE/MAX Eagle Realty
Buyer's Agent
Ryan Fitzwater
RE/MAX 1st Choice - Middletown
List Price
$172,900
Sold Price
$167,000
Premium/Discount to List
-$5,900
-3.41%
Current Estimated Value
$211,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,889
Avg. Annual Appreciation
10.69%
Original Mortgage
$141,950
Outstanding Balance
$137,153
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$86,583

Purchase Details

Closed on
Nov 1, 1987
Bought by
Wagner Stephen D
Source: Public Records

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Range of Values:

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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
Koch Jonathan E -- Ward & Taylor Llc
Wagner Stephen D $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Jonathan E $141,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $167,000 -1.7% $232 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $169,900 -1.7% $236 / Sq Ft
06/23/2022 06/23/22 For Sale $172,900 0.0% $240 / Sq Ft
06/16/2022 06/16/22 For Sale $172,900 0.0% $240 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $172,900 -5.5% $240 / Sq Ft
04/09/2022 04/09/22 For Sale $182,900 -- $254 / 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 $1,014 $240,300 $98,100 $142,200
2023 $383 $14,400 $5,800 $8,600
2022 $370 $14,400 $5,800 $8,600
2021 $362 $14,400 $5,800 $8,600
2020 $317 $14,400 $5,800 $8,600
2019 $320 $14,400 $5,800 $8,600
2018 $320 $14,400 $5,800 $8,600
2017 $319 $14,400 $0 $0
2016 $324 $14,400 $0 $0
2015 $325 $14,400 $0 $0
2014 $304 $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2009360

Bright MLS

APN: 1-00-02000-01-3009-000