NOT LISTED FOR SALE

386 Gum Bush Rd Townsend, DE 19734

Estimated Value: $251,000 - $359,000

2 Beds
2 Baths
1,286 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $175,000 $136 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,740/month

Highlights

  • 1.9 Acre Lot
  • Cape Cod Architecture
  • Wood Burning Stove
  • Old State Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of February 2014

Almost completely Renovated Cape Cod gently resting on just under 2 acres of trees adjoining Delaware State Forest. You will be amazed at this move-in-ready home with privacy and convenient to RT. 13 / Rt. 1. New Appliances, New Bathrooms, New Flooring, New Wood Stove Surround, Freshly Painted and New Air-Conditioning. Large Deck and Screened Porch great for entertaining or just enjoying a quiet time. Showings start 11/20/2013

Last Agent to Sell the Property

Sandi Shane

sshane5510@aol.com RE/MAX 1st Choice - Middletown License #RS-0011392 Listed on: 11/06/2013

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1970 | Remodeled in 2013

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 546 x 244
  • North Facing Home
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC40

Parking

  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,286 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Deck
  • Porch

Schools

  • Appoquinimink High School

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 056
  • Assessor Parcel Number 15-011.00-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,046

Year Built

Built in 1970 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: New Refrigerator, New Stove, New Dish Washer,(Washer, Dryer As Is)
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1970
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Skylight(s), Ceiling Fan(s), Wood Stove, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1286
  • Living Area Sq Ft: 1286
  • Net Sq Ft: 1286.00
  • Price Per Sq Ft: 139.89
  • Above Grade Finished Sq Ft: 1286
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Energy Star Cooling System
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: APPOQUINIMINK

Lot Info

  • Improvement Assessed Value: 28900.00
  • Land Assessed Value: 10900.00
  • Lot Features: Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.90
  • Lot Dimensions: 546 X 244
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 82764.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC40

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2365000
  • Tax Annual Amount: 1046.00
  • Assessor Parcel Number: 15-011.00-056
  • Tax Lot: 056
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2013
Closed on
Feb 28, 2014
Sold by
Cahall Construction Group Llc
Bought by
Davis Ethan E
Seller's Agent
Sandi Shane
RE/MAX 1st Choice - Middletown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$302,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,707
Avg. Annual Appreciation
4.81%
Original Mortgage
$178,571
Outstanding Balance
$135,248
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$167,459

Purchase Details

Listed on
Sep 26, 2013
Closed on
Oct 28, 2013
Sold by
Webster John K
Bought by
Cahall Construction Group Llc
Seller's Agent
Lisa Johannsen
Patterson-Schwartz-Middletown
Buyer's Agent
Sandi Shane
RE/MAX 1st Choice - Middletown
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
650.13%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Murphy Michael P
Bought by
Webster John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2001
Sold by
Sheats David E
Bought by
Murphy Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.93%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Davis Ethan E $131,250 Kirsh Title Services Inc
Cahall Construction Group Llc $90,000 None Available
Webster John K $159,900 --
Murphy Michael P $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Ethan E $178,571
Previous Owner Webster John K $151,905
Previous Owner Murphy Michael P $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $175,000 -2.7% $136 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $179,900 +99.9% $140 / Sq Ft
10/30/2013 10/30/13 Sold $90,000 -30.7% $103 / Sq Ft View Prior Sale
10/14/2013 10/14/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $129,900 -- $148 / 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 $1,770 $42,300 $10,600 $31,700
2023 $1,504 $42,300 $10,600 $31,700
2022 $1,515 $42,300 $10,600 $31,700
2021 $1,497 $42,300 $10,600 $31,700
2020 $1,479 $42,300 $10,600 $31,700
2019 $1,370 $42,300 $10,600 $31,700
2018 $1,341 $42,300 $10,600 $31,700
2017 $1,179 $39,500 $10,600 $28,900
2016 $1,077 $39,500 $10,600 $28,900
2015 $1,048 $39,500 $10,600 $28,900
2014 $1,045 $39,500 $10,600 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003642198

Bright MLS

APN: 15-011.00-056