Seller's Agent in 2021
Katina Geralis
EXP Realty, LLC
(302) 383-5412
21 in this area
527 Total Sales
403 Summit Ln Middletown, DE 19709
Estimated Value: $542,000 - $673,000
3
Beds
3
Baths
1,900
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- 2.01 Acre Lot
- Cape Cod Architecture
- 2 Car Direct Access Garage
- Alfred G. Waters Middle School Rated A
- No HOA
- Living Room
About This Home
As of May 2021Come see this three bedroom, three full bathroom cape cod littered with recent upgrades situated on a spacious 2-acre lot surrounded by trees in popular Appoquinimink School District & only a short drive from the Chesapeake Bay! Set back from the road for added privacy, this gorgeous home features a flowing floor plan full of natural light and peaceful views at every turn. Featuring a recently installed 50 year roof with tranferrable warranty gives any buyer peace of mind. A covered porch extends across the entire front of the home creating a welcoming atmosphere. White trim compliments the brand new red oak hardwood flooring throughout the main level. A gracious living room and dining room are ready for any occasion and make entertaining easy. The sunroom is a wonderful extension of the living space and offers three walls of windows overlooking the backyard. French doors lead to the beautiful kitchen complete with new level 7 granite countertops, new whirlpool stainless steel appliances with convection oven, and rows of wood cabinetry. Enjoy casual meals in the breakfast area that flows into the family room. A stylish full bathroom and laundry area complete the main level. Three comfortable bedrooms are on the second level giving everyone their own space. Brand new plush carpet and large closets can be found in every room. The master suite was designed for relaxation with large windows, a walk-in closet and a master bathroom. The guest rooms share a nicely appointed hall bathroom. The freshly carpeted, finished lower level offers excellent flexibility and can easily be a second family room, media room, or game room. The endless backyard is perfect for outdoor entertaining and offers peaceful views with no back neighbors! A long driveway leads to a 2-car attached garage for easy parking and outdoor storage.
Last Agent to Sell the Property
(302) 383-5412 kat@kghometeam.com EXP Realty, LLC License #R3-0020328 Listed on: 03/23/2021
Co-Listed By
(302) 824-6153 claymack94@gmail.com Keller Williams Realty Wilmington
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,829
Year Built
- Built in 1992
Lot Details
- 2.01 Acre Lot
- Lot Dimensions are 369.50 x 349.40
- Property is zoned NC40
Parking
- 2 Car Direct Access Garage
- 5 Driveway Spaces
- Side Facing Garage
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,900 Sq Ft Home
- Property has 1.5 Levels
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
- Dickerson Farms Subdivision
Listing and Financial Details
- Tax Lot 038
- Assessor Parcel Number 13-007.30-038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2021
Closed on
May 6, 2021
Sold by
Krauss William B and Renzi Patricia K
Bought by
Buyse Michael R and Buyse Elizabeth A
Seller's Agent
Katina Geralis
EXP Realty, LLC
Buyer's Agent
Scott Patrick
Compass
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,291
Avg. Annual Appreciation
5.23%
Original Mortgage
$446,500
Outstanding Balance
$404,641
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$185,651
Purchase Details
Closed on
Jun 25, 1992
Bought by
Krauss William B
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Buyse Michael R | $3,080 | None Listed On Document | |
| Krauss William B | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buyse Michael R | $446,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $470,000 | 0.0% | $247 / Sq Ft |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- |
| 03/27/2021 03/27/21 | Price Changed | $470,000 | +4.4% | $247 / Sq Ft |
| 03/23/2021 03/23/21 | For Sale | $450,000 | -- | $237 / Sq Ft |
Source: Bright MLS
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 | $3,826 | $88,400 | $17,400 | $71,000 |
| 2023 | $3,281 | $88,400 | $17,400 | $71,000 |
| 2022 | $3,011 | $80,900 | $17,400 | $63,500 |
| 2021 | $2,974 | $80,900 | $17,400 | $63,500 |
| 2020 | $2,941 | $80,900 | $17,400 | $63,500 |
| 2019 | $2,332 | $80,900 | $17,400 | $63,500 |
| 2018 | $0 | $80,900 | $17,400 | $63,500 |
| 2017 | -- | $80,900 | $17,400 | $63,500 |
| 2016 | -- | $80,900 | $17,400 | $63,500 |
| 2015 | -- | $80,900 | $17,400 | $63,500 |
| 2014 | -- | $80,900 | $17,400 | $63,500 |
Source: Public Records
Agents Affiliated with this Home
-
Katina Geralis
-
Clayton Mackinnon
Seller Co-Listing Agent in 2021
Clayton Mackinnon
Keller Williams Realty Wilmington
(302) 824-6153
5 in this area
34 Total Sales
-
Scott Patrick
S
Buyer's Agent in 2021
Scott Patrick
Compass
(302) 218-5059
3 in this area
64 Total Sales
Map
Source: Bright MLS
MLS Number: DENC523018
APN: 13-007.30-038
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