NOT LISTED FOR SALE

283 S Bay Dr Dover, DE 19901

Estimated Value: $235,000 - $381,000

2 Beds
1 Bath
1,144 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $125,000 $109 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,791/month

10 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Living Room
  • Allen Frear Elementary School Rated A
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane

About This Home

As of March 2018

The perfect getaway. Sit back and relax and watch the tranquil Delaware Bay. This 2 bedroom 1 bath bungalow sits direct bay front in Kitts Hummock. Nothing but windows out the living room and kitchen giving you beautiful full panorama with no obstructions at all. Just steps to the water. This home offers ample parking for all. Just minutes from Dover and Rt 1. Peace and quiet at its finest. The lot goes across the street and is all one parcel.

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4326 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 02/02/2018

RE/MAX Horizons

Last Buyer's Agent

Charity Roop

(302) 222-9909 charity@griffinhigginsteam.com Keller Williams Realty License #RS-0024746

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1931

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned AR

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • W.B. Simpson Elementary School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Kitts Hummock Subdivision

Listing and Financial Details

  • Tax Lot 1100-000
  • Assessor Parcel Number ED-00-10600-01-1100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$380

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Net Sq Ft: 1144.00
  • Price Per Sq Ft: 76.92
  • Above Grade Finished Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Attached Yn: No
  • Zoning: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2429925
  • Tax Annual Amount: 380.00
  • Assessor Parcel Number: ED-00-10600-01-1100-000
  • Tax Lot: 1100-000
  • Tax Year: 2017

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 26, 2018
Sold by
Fannie Mae
Bought by
Roop Michelle D
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Charity Roop
Keller Williams Realty
List Price
$88,000
Sold Price
$125,000
Premium/Discount to List
$37,000
42.05%
Current Estimated Value
$320,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,397
Avg. Annual Appreciation
12.86%
Original Mortgage
$112,500
Outstanding Balance
$96,726
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$223,671

Purchase Details

Closed on
Aug 22, 2017
Sold by
Cooney Barbara
Bought by
Hutchinson Robert F and Hutchinson Janice L

Purchase Details

Closed on
Nov 1, 1993
Bought by
Cooney William R
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
Roop Michelle D -- Wfg National Title
Hutchinson Robert F $125,000 None Available
Cooney William R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roop Michelle D $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $125,000 0.0% $109 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/08/2018 02/08/18 Off Market $125,000 -- --
02/02/2018 02/02/18 For Sale $88,000 -- $77 / 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 $1,389 $347,200 $265,900 $81,300
2024 $1,384 $347,200 $265,900 $81,300
2023 $472 $18,200 $4,700 $13,500
2022 $446 $18,200 $4,700 $13,500
2021 $442 $18,200 $4,700 $13,500
2020 $435 $18,200 $4,700 $13,500
2019 $418 $18,200 $4,700 $13,500
2018 $404 $18,200 $4,700 $13,500
2017 $404 $18,200 $0 $0
2016 $254 $18,200 $0 $0
2015 $243 $20,100 $0 $0
2014 $243 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005921497

Bright MLS

APN: 2-00-10600-01-1100-000