38 Silver Lake Dr Middletown, DE 19709
Estimated Value: $547,000 - $564,000
4
Beds
3
Baths
2,490
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 38 Silver Lake Dr, Middletown, DE 19709 and is currently estimated at $553,250, approximately $222 per square foot. 38 Silver Lake Dr is a home located in New Castle County with nearby schools including Silver Lake Elementary School, Everett Meredith Middle School, and Middletown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2011
Sold by
Reed Gerald O and Reed Amelia C
Bought by
Reed Gerald O
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,521
Outstanding Balance
$20,171
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$533,079
Purchase Details
Closed on
Sep 28, 2006
Sold by
Collins Lynn M
Bought by
Reed Gerald O and Reed Amelia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2001
Sold by
Lakeside Development Corp
Bought by
Collins Lynn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,120
Interest Rate
6.61%
Purchase Details
Closed on
Mar 8, 2001
Sold by
Green Richard M and Green John H
Bought by
Lakeside Development Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reed Gerald O | -- | None Available | |
| Reed Gerald O | $385,000 | None Available | |
| Collins Lynn M | $223,900 | -- | |
| Lakeside Development Corp | $832,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reed Gerald O | $340,521 | |
| Closed | Reed Gerald O | $308,000 | |
| Previous Owner | Collins Lynn M | $179,120 |
Source: Public Records
Tax History Compared to Growth
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 | $3,838 | $104,200 | $13,400 | $90,800 |
| 2023 | $313 | $104,200 | $13,400 | $90,800 |
| 2022 | $3,204 | $104,200 | $13,400 | $90,800 |
| 2021 | $3,097 | $104,200 | $13,400 | $90,800 |
| 2020 | $3,097 | $104,200 | $13,400 | $90,800 |
| 2019 | $3,182 | $104,200 | $13,400 | $90,800 |
| 2018 | $2,746 | $104,200 | $13,400 | $90,800 |
| 2017 | $2,644 | $104,200 | $13,400 | $90,800 |
| 2016 | $2,375 | $104,200 | $13,400 | $90,800 |
| 2015 | $2,610 | $104,200 | $13,400 | $90,800 |
| 2014 | $2,604 | $104,200 | $13,400 | $90,800 |
Source: Public Records
Map
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