NOT LISTED FOR SALE

318 Coral Ct Frederica, DE 19946

Estimated Value: $452,000 - $485,000

4 Beds
2.5 Baths
2,874 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $366,900 $128 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,604/month

3 Days on Market

Highlights

  • 2 Acre Lot
  • Farmhouse Style Home
  • 2 Fireplaces
  • Wood Flooring
  • Attic
  • No HOA

About This Home

As of August 2021

This one of a kind home was renovated in 2014 . Situated on 2 tranquil acres in Bowers Landing offering 4(four) nice sized bedrooms and 2- 1/2 bathrooms. The first floor has hardwood floors throughout with a gourmet kitchen and all stainless appliances, 42 inch cabinets and a breakfast nook . The living room has a fireplace and the family room has a matching fireplace too. There is a beautiful Sunroom, formal dining room and laundry all on the first floor. The 2nd floor offers a spacious master suite with large closet and full bath and 3 additional bedrooms. The Master Bath and the 2nd floor hallway bath has marble tile floors. Bring your creative touches and explore the large front porch. The detached 2 car garage has plenty of space for additional storage. There is a usable work space above the garage for small projects . There is a beautiful and sturdy deck overlooking a pond with mature trees and pristine landscaping. This home shows pride in ownership inside and out. Easy access to Route 1, Dover AFB and about 30 minutes to Delaware’s Beaches. This one will not last at all in this market.

The historical gravesite consists of 150 graves that’ age back into the late 1600s-early 1700s. There is no visible markers on the surface to indicate that they are there. The sellers have a contractor who has kept the lawn cut and will pass on the information to the next owners.

THIS HOME IS NOT A PART OF THE HOA!



AGENTS*********

Please send your highest and best offers to me by noon June 28, 2021.

Last Agent to Sell the Property

KEVIN S WATSON

(302) 448-6000 grayshillrealty@yahoo.com First Coast Realty LLC License #0025347 Listed on: 06/24/2021

Last Buyer's Agent

Sandra Unkrur

(302) 480-3966 sandi@themovingexperiencede.com The Moving Experience Delaware Inc License #RS-0022864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 109.63 x 220.31
  • Property is zoned AC

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • HardiePlank Type

Interior Spaces

  • 2,874 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Attic
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Lake Forest Central Elementary School
  • Lake Forest High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bowers Landing HOA
  • Bowers Landing Subdivision

Listing and Financial Details

  • Tax Lot 6900-000
  • Assessor Parcel Number 338-21702-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: See Attached Seller's Disclosure
  • Home Warranty: No
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-24
  • Year Built: 1900
  • Year Renovated: 2014
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplaces Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Attic
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 2874
  • Living Area Sq Ft: 2874
  • Price Per Sq Ft: 127.66
  • Above Grade Finished Sq Ft: 2874
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: BOWERS LANDING
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LAKE FOREST CENTRAL
  • High School: LAKE FOREST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 2.00
  • Lot Dimensions: 109.63 x 220.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5076227
  • School Tax: 921.00
  • Tax Annual Amount: 1097.00
  • Assessor Parcel Number: 338-21702-0-0000
  • Tax Lot: 6900-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 9, 2021
Sold by
Burkett Bruce A and Burkett Eileen M
Bought by
Lloyd Colin Gale and Gibbs Lloyd Lyra
Seller's Agent
KEVIN S WATSON
First Coast Realty LLC
Buyer's Agent
Sandra Unkrur
The Moving Experience Delaware Inc
List Price
$366,900
Sold Price
$366,900
Current Estimated Value
$472,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,399
Avg. Annual Appreciation
5.99%
Original Mortgage
$366,900
Outstanding Balance
$333,626
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$138,673

Purchase Details

Listed on
Feb 28, 2012
Closed on
Mar 27, 2012
Sold by
National Residential Nominee Services In
Bought by
Burkett Bruce A and Burkett Eileen M
Seller's Agent
COREY GRAHAM
BHHS Fox & Roach-Christiana
Buyer's Agent
Deborah Oberdorf
Bryan Realty Group
List Price
$274,999
Sold Price
$286,000
Premium/Discount to List
$11,001
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$295,438
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2011
Sold by
Henderson Joshua S and Henderson Courtney
Bought by
National Residential Nominee Services In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,438
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2010
Sold by
Liborio Iii Lp
Bought by
Henderson Joshua S and Henderson Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lloyd Colin Gale $366,900 None Available
Burkett Bruce A $286,000 None Available
National Residential Nominee Services In $286,000 None Available
Henderson Joshua S $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Colin Gale $366,900
Previous Owner Burkett Bruce A $295,438
Previous Owner National Residential Nominee Services In $295,438
Previous Owner Henderson Joshua S $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $366,900 0.0% $128 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $366,900 0.0% $128 / Sq Ft
06/21/2021 06/21/21 Price Changed $366,900 +28.3% $128 / Sq Ft
05/18/2012 05/18/12 Sold $286,000 +4.0% $100 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $274,999 -- $96 / 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 $1,520 $415,400 $141,800 $273,600
2024 $1,520 $415,400 $141,800 $273,600
2023 $1,275 $52,900 $9,200 $43,700
2022 $1,130 $52,900 $9,200 $43,700
2021 $1,081 $52,900 $9,200 $43,700
2020 $1,127 $52,900 $9,200 $43,700
2019 $1,128 $52,900 $9,200 $43,700
2018 $1,116 $52,900 $9,200 $43,700
2017 $1,161 $52,900 $0 $0
2016 $1,065 $52,900 $0 $0
2015 $1,048 $52,900 $0 $0
2014 $1,033 $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2000252

Bright MLS

APN: 8-00-12208-01-6900-000