NOT LISTED FOR SALE

31 Anchor Inn Rd Townsend, DE 19734

Estimated Value: $209,000 - $256,460

2 Beds
2 Baths
825 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $230,000 $279 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,370/month

1 Day on Market

Highlights

  • 0.9 Acre Lot
  • Rambler Architecture
  • Circular Driveway
  • Old State Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Welcome to 31 Anchor Inn Rd, a property brimming with potential and located in the rapidly developing area of Townsend, DE. This unique opportunity is perfect for investors looking to capitalize on the rising demand for land and housing in the region or a future home owner looking to put in some TLC by purchasing a house at a great value!

House Highlights: The current house, though older and requiring some updates, has solid bones and can be transformed into a profitable flip or rental property. The basement, with its full bath, adds value and could be reconfigured to enhance its functionality. The current owner has recently completed a few updates, including new wooden boards and paint on the deck.

Property Highlights: With a large lot of nearly 1 acre, offering the possibilities for other structures to be put on the property. The basement includes a full bath and an unconventional layout, presenting various renovation possibilities. The MOT area is experiencing a boom in development and with land becoming scarce, the value of this nearly acre-sized lot is set to appreciate and making this property a smart investment, along with the convenient access of this area, this house has easy access to many amenities home owners desire, along with being less then 200 feet from Rt 13.

Whether you envision renovating the existing house or turning this into a different investment opportunity, 31 Anchor Inn Rd offers versatile and promising options. Don’t miss your chance to capitalize on the burgeoning market in Townsend, DE. Contact us today to schedule a viewing and explore the potential of this exceptional property!

Last Agent to Sell the Property

Austin Gardner

(302) 535-3744 austingardner@loftteamde.com Myers Realty Listed on: 07/24/2024

Co-Listed By

Zachary Foust

(302) 331-6200 zacharyfoust@loftteamde.com Myers Realty License #rs0024322

Last Buyer's Agent

Jay Shinn

(302) 530-0146 jay.shinn@remax.net RE/MAX Point Realty License #5011042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1960

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100.00 x 385.00
  • Property is zoned NC21

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Improved Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Circular Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 15-010.00-127

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1960

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: 2024-07-24
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 825
  • Price Per Sq Ft: 278.79
  • Above Grade Finished Sq Ft: 825
  • Below Grade Sq Ft: 825
  • Total Below Grade Sq Ft: 825
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Private/Community Water

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: 0.90
  • Lot Dimensions: 100.00 x 385.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39204.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1164.00
  • Tax Annual Amount: 1511.00
  • Assessor Parcel Number: 15-010.00-127
  • Tax Lot: 127
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 30, 2024
Sold by
Nabb Freddie L
Bought by
Bryan Lucy
Seller's Agent
Austin Gardner
Myers Realty
Buyer's Agent
Jay Shinn
RE/MAX Point Realty
List Price
$230,000
Sold Price
$230,000
Views
96
Current Estimated Value
$232,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,615
Avg. Annual Appreciation
0.89%
Original Mortgage
$207,000
Outstanding Balance
$204,807
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$27,808

Purchase Details

Closed on
Mar 22, 2019
Sold by
Nabb Freddie L and Nabb Freddie L
Bought by
Nabb Freddie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1977
Bought by
Nabb Freddie L and Nabb Patricia C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bryan Lucy -- None Listed On Document
Nabb Freddie L $100,000 None Available
Nabb Freddie L $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan Lucy $207,000
Previous Owner Nabb Freddie L $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $230,000 0.0% $279 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $230,000 -- $279 / 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 $1,766 $42,200 $13,200 $29,000
2023 $1,501 $42,200 $13,200 $29,000
2022 $1,511 $42,200 $13,200 $29,000
2021 $1,493 $42,200 $13,200 $29,000
2020 $1,476 $42,200 $13,200 $29,000
2019 $1,367 $42,200 $13,200 $29,000
2018 $1,315 $42,200 $13,200 $29,000
2017 $1,260 $42,200 $13,200 $29,000
2016 $1,151 $42,200 $13,200 $29,000
2015 $1,119 $42,200 $13,200 $29,000
2014 $1,117 $42,200 $13,200 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2065128

Bright MLS

APN: 15-010.00-127