NOT LISTED FOR SALE

32371 Powell Farm Rd Frankford, DE 19945

Estimated Value: $353,000 - $383,162

3 Beds
2 Baths
1,056 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $345,000 $327 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,981/month

2 Days on Market

Highlights

  • 0.55 Acre Lot
  • Deck
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • Shed

About This Home

As of May 2024

Welcome to your dream rural retreat, just 15 minutes away from the sun-kissed beaches of Delaware! This updated 3-bedroom, 2-full bath offers the perfect blend of modern convenience and serene countryside living. Recently revitalized with brand new paint and flooring, new roof (2020), new AC (2022), asphalt driveway (2023), and new bathrooms. Outside you'll enjoy the sunshine from your deck off the rear of the home and store away your items in your shed. Conveniently located just a stone's throw away from the Delaware beaches, this home offers the perfect balance of seclusion and accessibility. Whether you're seeking a weekend getaway or a year-round haven, this is the place where cherished memories are made. Schedule your showing today and start living the life you've always dreamed of!

Last Agent to Sell the Property

Brianna Parsons

(302) 531-7622 bc@propertiesde.com Iron Valley Real Estate Premier License #RS0025728 Listed on: 04/05/2024

Iron Valley Real Estate Premier

Last Buyer's Agent

Josette Castiglione

(302) 521-4414 josette.castiglione@msir.net Monument Sotheby's International Realty License #RS-0023858

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 152.00 x 160.00

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 134-11.00-219.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$508

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-05
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 331.34
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • 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: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Mound System
  • Water Source: Well

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: 0.55
  • Lot Dimensions: 152.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: UNKNOWN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 453.00
  • Tax Annual Amount: 508.00
  • Assessor Parcel Number: 134-11.00-219.02
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 13, 2024
Sold by
Mazzatenta Samantha A
Bought by
Shaffer Michael L and Burns-Shaffer Teal Ann
Seller's Agent
Brianna Parsons
Iron Valley Real Estate Premier
Buyer's Agent
Josette Castiglione
Monument Sotheby's International Realty
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Views
64
Current Estimated Value
$367,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,041
Avg. Annual Appreciation
4.30%
Original Mortgage
$145,000
Outstanding Balance
$142,932
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$224,109

Purchase Details

Listed on
Sep 5, 2017
Closed on
Aug 3, 2018
Sold by
Melvin L Joseph Constr Co
Bought by
Mazzatenta Damantha A
Seller's Agent
WINNIE MARTIN
Coldwell Banker Realty
Buyer's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$184,000
Premium/Discount to List
-$15,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
Original Mortgage
$185,858
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shaffer Michael L $345,000 None Listed On Document
Mazzatenta Damantha A $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Michael L $145,000
Previous Owner Mazzatenta Damantha A $185,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $345,000 -1.4% $327 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $349,900 +90.2% $331 / Sq Ft
08/03/2018 08/03/18 Sold $184,000 -8.0% $137 / Sq Ft View Prior Sale
06/29/2018 06/29/18 Pending -- -- --
09/05/2017 09/05/17 For Sale $199,900 -- $149 / 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 $718 $11,500 $2,500 $9,000
2024 $510 $11,500 $2,500 $9,000
2023 $522 $11,500 $2,500 $9,000
2022 $513 $11,500 $2,500 $9,000
2021 $498 $11,500 $2,500 $9,000
2020 $476 $11,500 $2,500 $9,000
2019 $444 $11,500 $2,500 $9,000
2018 $438 $11,500 $0 $0
2017 $440 $11,500 $0 $0
2016 $85 $2,500 $0 $0
2015 $88 $2,500 $0 $0
2014 $87 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2059496

Bright MLS

APN: 134-11.00-219.02