Seller's Agent in 2020
Megan Aitken
Keller Williams Realty
(302) 528-9124
90 in this area
605 Total Sales
404 Merle Ln Townsend, DE 19734
Estimated Value: $498,000 - $580,000
4
Beds
2.5
Baths
2,400
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Spa
- Colonial Architecture
- Wood Flooring
- Townsend Elementary School Rated A
- Two Story Ceilings
- Corner Lot
About This Home
As of May 2020WOW. This home is a stunner. Starting with the curb appeal, it won't disappoint! Corner property, 1/3 acre, fenced in, extended driveway and full front porch. Backyard is an entertainers dream with a grilling area, firepit, hot tub, pergola and dining area, (AND a separate space for kids to play). Honestly the inside is completely unexpected... in the best way possible! For starters, the ENTIRE 1st and 2nd levels are vinyl plank flooring-- no carpets! Farm-country decor is built into every room in this house, starting with the two-story entryway and feature wall with hooks mounted for hanging coats or backpacks. Living room and dining room are spacious with lots of natural sunlight and you guessed it, no carpets! Rear of the home will quickly be your favorite place to hang out... spacious open-concept family room and completely up-to-date kitchen with white cabinets, stainless appliances, granite counters, pendant lighting, soft-close drawers and more! Even the pantry and laundry room are exciting with their farmhouse touches! There's also an office/flex room on the main level for your many home quarantine needs! Upstairs are 4 spacious bedrooms, hall bathroom, and master bathroom (both updated). Master suite has a huge walk in closet and the spa-bathroom is the perfect retreat after a long day! The basement has TONS of storage space and possibilities for the creative minds out there. Take a private tour (keeping appropriate social distance) of this GORGEOUS new listing today! And buy it up while the rates are still historically low! *Virtual tour coming Thursday 3/26.
Last Agent to Sell the Property
(302) 528-9124 Meganaitken@kw.com Keller Williams Realty License #RE0020721 Listed on: 03/25/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,871
Year Built
- Built in 2005
Lot Details
- 0.31 Acre Lot
- Wood Fence
- Back Yard Fenced
- Corner Lot
- Property is in good condition
- Property is zoned 25R1A
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Two Story Ceilings
- Gas Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Self-Cleaning Oven
- Cooktop
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Spa
- Brick Porch or Patio
- Play Equipment
Schools
- Townsend Elementary School
- Everett Meredith Middle School
- Middletown High School
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Doors swing in
- Energy-Efficient Appliances
Community Details
- Built by Handler
- Townsend Village Subdivision
Listing and Financial Details
- Tax Lot 091
- Assessor Parcel Number 25-003.00-091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2020
Closed on
May 29, 2020
Sold by
Howard Stephen and Howard Sarah
Bought by
Riggs Floyd and Coles Riggs Lakeisha
Seller's Agent
Megan Aitken
Keller Williams Realty
Buyer's Agent
Raymond Petkevis
Keller Williams Delaware
List Price
$379,900
Sold Price
$379,900
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
$157,415
Avg. Annual Appreciation
6.33%
Original Mortgage
$373,018
Outstanding Balance
$330,652
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$206,663
Purchase Details
Listed on
Aug 15, 2016
Closed on
Oct 4, 2016
Sold by
Hildebrand Kevin E
Bought by
Howard Stephen and King Sarah
Seller's Agent
Megan Aitken
Keller Williams Realty
Buyer's Agent
Oliver Millwood
Empower Real Estate, LLC
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$318,250
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2005
Sold by
Boman Properties Llc
Bought by
Hildebrand Kevin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 9, 2005
Sold by
Townsend Properties Llc
Bought by
Forman Joel L and Hasan Shazad Bob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Riggs Floyd | -- | None Available | |
| Howard Stephen | -- | None Available | |
| Hildebrand Kevin E | $351,000 | -- | |
| Boman Properties Llc | -- | -- | |
| Forman Joel L | $288,170 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riggs Floyd | $373,018 | |
| Previous Owner | Howard Stephen | $318,250 | |
| Previous Owner | Boman Properties Llc | $10,000 | |
| Previous Owner | Hildebrand Kevin E | $313,900 | |
| Previous Owner | Forman Joel L | $259,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $379,900 | 0.0% | $158 / Sq Ft | |
| 03/30/2020 03/30/20 | Pending | -- | -- | -- | |
| 03/25/2020 03/25/20 | For Sale | $379,900 | +13.4% | $158 / Sq Ft | |
| 10/04/2016 10/04/16 | Sold | $335,000 | 0.0% | $140 / Sq Ft | View Prior Sale |
| 08/19/2016 08/19/16 | Price Changed | $335,000 | +1.8% | $140 / Sq Ft | |
| 08/18/2016 08/18/16 | Pending | -- | -- | -- | |
| 08/15/2016 08/15/16 | For Sale | $329,000 | -- | $137 / 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 | $3,498 | $94,400 | $12,200 | $82,200 |
| 2023 | $2,927 | $94,400 | $12,200 | $82,200 |
| 2022 | $2,923 | $94,400 | $12,200 | $82,200 |
| 2021 | $2,887 | $94,400 | $12,200 | $82,200 |
| 2020 | $2,852 | $94,400 | $12,200 | $82,200 |
| 2019 | $2,947 | $94,400 | $12,200 | $82,200 |
| 2018 | $333 | $94,400 | $12,200 | $82,200 |
| 2017 | $2,255 | $94,400 | $12,200 | $82,200 |
| 2016 | $2,255 | $94,400 | $12,200 | $82,200 |
| 2015 | $2,184 | $94,400 | $12,200 | $82,200 |
| 2014 | $2,178 | $94,400 | $12,200 | $82,200 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Aitken
-
Raymond Petkevis
Buyer's Agent in 2020
Raymond Petkevis
Keller Williams Delaware
(302) 685-4042
3 in this area
90 Total Sales
-
Oliver Millwood
Buyer's Agent in 2016
Oliver Millwood
Empower Real Estate, LLC
(302) 533-8020
2 in this area
140 Total Sales
Map
Source: Bright MLS
MLS Number: DENC498564
APN: 25-003.00-091
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