NOT LISTED FOR SALE

32 Silver Lake Dr Middletown, DE 19709

Estimated Value: $684,000 - $734,000

4 Beds
3.5 Baths
3,875 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $460,000 $119 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,122/month

Highlights

  • Spa
  • Water Oriented
  • Colonial Architecture
  • Silver Lake Elementary School Rated A-
  • 1 Acre Lot
  • Deck

About This Home

As of August 2014

Absolutely beautiful, rarely available direct water front Anderson built colonial in Lakeside, just minutes from downtown Middletown. This incredible home features a two-story foyer with oak butterfly staircase and hardwood flooring, formal dining room with hardwood flooring, crown molding and chair rail, a formal living room with crown molding, large study with hardwood flooring and French Doors, A huge two-story family room with hardwood flooring, wall of windows and fireplace overlooking the lake, gourmet kitchen with hardwood flooring, granite island, cooktop and wall oven, massive master suite with sitting area, huge walk-in closet and incredible bath. There are three additional bedrooms on the upper level, of which two share a Jack & Jill bath and the other bedroom has its own private bath. A true waterfront home which includes Riparian Rights to Silver Lake, the potential for a small floating dock, small boat, ice skating, fishing (many species), bald eagle watching, many species of birds and wildlife. In addition, the basement includes a rough-in for future bath and features a walk-out with many windows and French Doors leading out to the paver patio and hot tub. Located off the kitchen is a large deck which provides a stunning view of the lake. The fa ade features a brick water table and beautiful covered entry. Pride of ownership is evident throughout this fine home and certainly an amazing opportunity for the new owner to experience waterfront living at its best.

Last Agent to Sell the Property

Joseph Sardo

(302) 740-1435 joe@josephsardo.com RE/MAX 1st Choice - Middletown Listed on: 02/01/2014

Last Buyer's Agent

Michael Maloney

(302) 353-9364 mmaloney@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 75x338
  • Level Lot
  • Sprinkler System
  • Property is in good condition
  • Property is zoned 23R1A

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,875 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lakeside Subdivision

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 23-017.00-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,495

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer And Dryer.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3875
  • Living Area Sq Ft: 3875
  • Net Sq Ft: 3875.00
  • Price Per Sq Ft: 122.58
  • Above Grade Finished Sq Ft: 3875
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Hot Tub, Lawn Sprinkler
  • Roof: Shingle
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 125100.00
  • Land Assessed Value: 15800.00
  • Lot Features: Level
  • Lot Size Acres: 1.00
  • Lot Dimensions: 75X338
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: 23R1A

Green Features

  • Green Remarks: A-Pro Home Inspection Certified Pre-Owned.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2385373
  • Tax Annual Amount: 3495.00
  • Assessor Parcel Number: 23-017.00-007
  • Tax Lot: 007
  • Tax Year: 2013

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2014
Closed on
Aug 29, 2014
Sold by
Taylor Edgar Garland
Bought by
Welsh Norman E and Welsh Marie E
Seller's Agent
Joseph Sardo
RE/MAX 1st Choice - Middletown
Buyer's Agent
Michael Maloney
Patterson-Schwartz-Newark
List Price
$545,000
Sold Price
$460,000
Premium/Discount to List
-$85,000
-15.6%
Current Estimated Value
$704,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,817
Avg. Annual Appreciation
3.89%
Original Mortgage
$364,000
Outstanding Balance
$278,460
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$426,357

Purchase Details

Closed on
Aug 2, 2011
Sold by
Nolan Mark W and Nolan Andrea M
Bought by
Taylor Edgar Garland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,040
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Anderson Homes Llc
Bought by
Nolan Mark W and Nolan Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Green Richard M and Green Richard M
Bought by
Anderson Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Welsh Norman E $455,000 None Available
Taylor Edgar Garland $505,000 None Available
Nolan Mark W $502,204 --
Anderson Homes Llc $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Norman E $364,000
Previous Owner Taylor Edgar Garland $404,040
Previous Owner Nolan Mark W $310,000
Previous Owner Anderson Homes Llc $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $460,000 -3.2% $119 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/07/2014 06/07/14 Price Changed $475,000 -6.9% $123 / Sq Ft
04/22/2014 04/22/14 Price Changed $510,000 -6.4% $132 / Sq Ft
02/01/2014 02/01/14 For Sale $545,000 -- $141 / 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 $5,190 $140,900 $15,800 $125,100
2023 $423 $140,900 $15,800 $125,100
2022 $4,332 $140,900 $15,800 $125,100
2021 $4,237 $140,900 $15,800 $125,100
2020 $4,187 $140,900 $15,800 $125,100
2019 $4,303 $140,900 $15,800 $125,100
2018 $3,714 $140,900 $15,800 $125,100
2017 $3,575 $140,900 $15,800 $125,100
2016 $3,212 $140,900 $15,800 $125,100
2015 $3,529 $140,900 $15,800 $125,100
2014 $3,521 $140,900 $15,800 $125,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002795528

Bright MLS

APN: 23-017.00-007