NOT LISTED FOR SALE

41 Silver Lake Dr Middletown, DE 19709

Estimated Value: $456,070 - $483,000

3 Beds
2 Baths
1,700 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $391,000 $230 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,746/month

Highlights

  • Deck
  • Rambler Architecture
  • No HOA
  • Silver Lake Elementary School Rated A-
  • Great Room
  • Den

About This Home

As of August 2021

Welcome to this 3 bedroom, 2 bath, well built solid ranch home in the desired community of Lakeside, sitting on a 1/3 acre lot with beautiful curb appeal. Step up to the front door and notice the nice stonework on the front exterior of the home along with the well manicured landscaping. The foyer leads into the great room with cathedral ceiling, gas fireplace and windows for plenty of natural light. The home has a large eat-in-kitchen with plenty of counter and cabinet space, pantry and kitchen nook for dining. Sliders lead to the deck which overlooks the large fenced-in yard, which is perfect for entertaining and offers plenty of space to add a pool, patio or whatever your heart desires. There is a flex room off the kitchen which can be used as a dining room or home office. The spacious owner's suite has a cathedral ceiling, huge walk-in closet, full bathroom equipped with a double vanity sink, soaking tub and separate shower. The second and third bedrooms are good sized and share the second full bathroom. The home has been freshly painted with brand new carpet. There is a first floor laundry and large unfinished basement with tons of potential. Located in the award winning Appoquinimink School District with easy access to Rt. 13, Rt. 301 and Rt. 1. Don't miss out on the opportunity to see this one before it's gone!

Last Agent to Sell the Property

Rita Ferrine

(973) 698-9114 maretia.ferrine@psre.com Patterson-Schwartz-Middletown License #RS-0024837 Listed on: 07/16/2021

Patterson-Schwartz-Middletown

Last Buyer's Agent

Neil Douen

(302) 650-4482 neil@thehomebasegroup.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 2001

Lot Details

  • 0.35 Acre Lot
  • Split Rail Fence
  • Property is zoned 23R-1A

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Great Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Garage doors are at least 85 inches wide
  • Deck

Community Details

  • No Home Owners Association
  • Lakeside Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 015
  • Assessor Parcel Number 23-016.00-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,833

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: >84" Garage Door
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Eat-In, Pantry, Soaking Tub
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, Office
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 217.59
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Split Rail
  • Land Lease: No
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 23R-1A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2385353
  • School Tax: 2313.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2833.00
  • Assessor Parcel Number: 23-016.00-015
  • Tax Lot: 015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 9, 2021
Sold by
Schrader Diane C
Bought by
Dorsett Aleasha and Dorsett Alvin
Seller's Agent
Rita Ferrine
Patterson-Schwartz-Middletown
Buyer's Agent
Neil Douen
EXP Realty, LLC
List Price
$369,900
Sold Price
$391,000
Premium/Discount to List
$21,100
5.7%
Current Estimated Value
$471,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,518
Avg. Annual Appreciation
4.60%
Original Mortgage
$374,099
Outstanding Balance
$339,142
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$132,376

Purchase Details

Closed on
Sep 13, 2001
Sold by
Lakeside Development Corp
Bought by
Schrader Janet H and Schrader Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 8, 2001
Sold by
Green Richard M and Green John H
Bought by
Lakeside Development Corp
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
Dorsett Aleasha -- None Available
Schrader Janet H $190,087 --
Lakeside Development Corp $832,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsett Aleasha $374,099
Previous Owner Schrader Janet H $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $391,000 +5.7% $230 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $369,900 -- $218 / 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 $3,190 $86,600 $12,400 $74,200
2023 $260 $86,600 $12,400 $74,200
2022 $2,663 $86,600 $12,400 $74,200
2021 $1,608 $86,600 $12,400 $74,200
2020 $1,589 $86,600 $12,400 $74,200
2019 $1,466 $86,600 $12,400 $74,200
2018 $0 $86,600 $12,400 $74,200
2017 $0 $86,600 $12,400 $74,200
2016 -- $86,600 $12,400 $74,200
2015 -- $86,600 $12,400 $74,200
2014 -- $86,600 $12,400 $74,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2002082

Bright MLS

APN: 23-016.00-015