NOT LISTED FOR SALE

37269 Dirickson Creek Rd Frankford, DE 19945

Estimated Value: $506,302 - $1,054,000

7 Beds
9 Baths
10,600 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $450,000 $42 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,578/month

Highlights

  • 3.55 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Wood Flooring
  • Ramp on the main level

About This Home

As of October 2018

A private retreat, unique location for, nature lovers, bird watchers, and those that just like to get away from it all, this is the spot for you. Operating as a B&B with a separate banquet hall of 1,730 square feet, giving the space for conferences, weddings and group events, with parking. Seven bedrooms, all with private baths in the main house. Permit for B&B operation in place. All within close proximity to Bethany Beach, Assawoman Wildlife Refuge of 3,100 acres, golf, and of course the beaches. With 3.55 acres the Inn has the room for growth, including a pool. In good condition, bring your thoughts and ideas, see you there!

Last Agent to Sell the Property

William Lucks

(302) 360-0300 wlucks@wlucks.com KELLER WILLIAMS COMMERCIAL Listed on: 04/30/2018

KELLER WILLIAMS COMMERCIAL

Last Buyer's Agent

SHANTEL WILLEY

(302) 519-0608 shantel.willey@gmail.com BENNETT REALTY License #RS-0023736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1970

Lot Details

  • 3.55 Acre Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home
  • Dryvit Stucco
  • Composite Building Materials

Interior Spaces

  • 10,600 Sq Ft Home
  • Property has 2 Levels
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Cooktop with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • 9 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Pressure Dose
  • Mound Septic

Additional Features

  • Ramp on the main level
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-21.00-13.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,386

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Remarks Public: A private retreat, unique location for, nature lovers, bird watchers, and those that just like to get away from it all, this is the spot for you. Operating as a B&B with a separate banquet hall of 1,730 square feet, giving the space for conferences, weddings and group events, with parking. Seven bedrooms, all with private baths in the main house. Permit for B&B operation in place. All within close proximity to Bethany Beach, Assawoman Wildlife Refuge of 3,100 acres, golf, and of course the beaches. With 3.55 acres the Inn has the room for growth, including a pool. In good condition, bring your thoughts and ideas, see you there!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Fireplace: No
  • Foundation Details: Other
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 10600
  • Living Area Sq Ft: 10600
  • Net Sq Ft: 10600.00
  • Price Per Sq Ft: 47.08
  • Above Grade Finished Sq Ft: 10600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37269

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 7
  • Total Bathrooms: 9
  • Full Bathrooms: 9
  • Main Level Bathrooms: 9.00
  • Main Level Full Bathrooms: 9

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Composition, Dryvit, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Smoke Detector
  • Sewer/Septic System: Mound System, Pressure Dose
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 3.55
  • Lot Size Area: 4
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 154638.00
  • Zoning: RESIDENTIAL;
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120044
  • Assessor Parcel Number: 134-21.00-13.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/08/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Oct 12, 2018
Sold by
Kappel Martin L and Vincenti Jane E
Bought by
Madanat Amjad and Madanat Charlene
Seller's Agent
William Lucks
KELLER WILLIAMS COMMERCIAL
Buyer's Agent
SHANTEL WILLEY
BENNETT REALTY
List Price
$750,000
Sold Price
$450,000
Premium/Discount to List
-$300,000
-40%
Current Estimated Value
$835,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,076
Avg. Annual Appreciation
9.17%
Original Mortgage
$405,000
Outstanding Balance
$353,936
Interest Rate
4.6%
Mortgage Type
Undefined Multiple Amounts
Estimated Equity
$481,140

Purchase Details

Closed on
Mar 7, 1986
Bought by
Kappel Martin L and Jane Errett Vince
Source: Public Records

Range of Values:

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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
Madanat Amjad $450,000 --
Kappel Martin L $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madanat Amjad $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $450,000 -9.8% $42 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/03/2018 07/03/18 Price Changed $499,000 -9.3% $47 / Sq Ft
05/05/2018 05/05/18 Price Changed $550,000 -26.7% $52 / Sq Ft
04/30/2018 04/30/18 For Sale $750,000 -- $71 / 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 $2,386 $87,200 $17,750 $69,450
2024 $3,605 $87,200 $17,750 $69,450
2023 $3,602 $87,200 $17,750 $69,450
2022 $3,543 $87,200 $17,750 $69,450
2021 $3,437 $87,200 $17,750 $69,450
2020 $3,280 $87,200 $17,750 $69,450
2019 $3,265 $87,200 $17,750 $69,450
2018 $3,297 $87,200 $0 $0
2017 $3,324 $87,200 $0 $0
2016 $2,929 $87,200 $0 $0
2015 $3,020 $87,200 $0 $0
2014 $3,273 $87,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Lucks

    Seller's Agent in 2018

    William Lucks

    KELLER WILLIAMS COMMERCIAL

    (302) 360-0300

    2 in this area

    34 Total Sales

    William Lucks
    Section Image
  • SHANTEL WILLEY

    Buyer's Agent in 2018

    SHANTEL WILLEY

    BENNETT REALTY

    (302) 519-0608

    3 in this area

    19 Total Sales

    SHANTEL WILLEY
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001573256

Bright MLS

APN: 134-21.00-13.00

Delaware Sussex County Frankford 19945

37269 Dirickson Creek Rd, Frankford, DE

This home is located at 37269 Dirickson Creek Rd, Frankford, DE 19945 since 30 April 2018 and is currently estimated at $835,076, approximately $78 per square foot. This property was built in 1970. 37269 Dirickson Creek Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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