$130,000
SOLD OCT 24, 2024

4640 Mahan Corner Rd Marydel, DE 19964

3 Beds
2 Baths
1,518 Sq Ft
1.02 Acres

Recently Sold

$86 Per Sq Ft

26% Below List Price

102 Days on Market

Highlights

  • Second Kitchen
  • Wood Burning Stove
  • No HOA
  • Caesar Rodney High School Rated A-
  • 1 Fireplace
  • Porch

About This Home

As of October 2024

Located on over a 1 acre lot, bring your renovation skills. Property sold as is. Currently setup as a 2 unit property, convert to a single family residence or generate revenue with the current 2 unit floor plan. Endless possibilities. Bring offers.

Last Agent to Sell the Property

Dana Byrd

First Coast Realty LLC License #637082 Listed on: 06/13/2024

Last Buyer's Agent

Anthony Lapinsky

First Coast Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1937

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Property is in below average condition
  • Property is zoned AR

Parking

  • Driveway

Interior Spaces

  • 1,518 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Second Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1700-000
  • Assessor Parcel Number WD-00-09900-01-1700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Located on over a 1 acre lot, bring your renovation skills. Property sold as is. Currently setup as a 2 unit property, convert to a single family residence or generate revenue with the current 2 unit floor plan. Endless possibilities. Bring offers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1518
  • Living Area Sq Ft: 1518
  • Price Per Sq Ft: 98.75
  • Above Grade Finished Sq Ft: 1518
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4640

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: Block
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.02
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Year Assessed: 2023
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 554.00
  • Tax Annual Amount: 655.00
  • Assessor Parcel Number: WD-00-09900-01-1700-000
  • Tax Lot: 1700-000
  • Tax Total Finished Sq Ft: 1518
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/24/2024

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 15, 2024
Sold by
Seattle Bank
Bought by
Lessard Christina
Seller's Agent
Dana Byrd
First Coast Realty LLC
Buyer's Agent
Anthony Lapinsky
First Coast Realty LLC
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Views
225
Current Estimated Value
$231,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,287
Avg. Annual Appreciation
113.41%
Original Mortgage
$130,000
Outstanding Balance
$65,195
Interest Rate
1.2%
Mortgage Type
Construction
Estimated Equity
$166,092

Purchase Details

Closed on
Jun 27, 2024
Sold by
Sheriff Of Kent County
Bought by
Seattle Bank
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 Type Sale Price Title Company
Deed $135,000 Beeline Title
Deed $135,000 Beeline Title
Sheriffs Deed $157,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Construction
Closed $130,000 Construction
Previous Owner $210,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $130,000 -13.3% $86 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $149,900 -14.3% $99 / Sq Ft
06/13/2024 06/13/24 For Sale $175,000 -- $115 / 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 $981 $242,600 $103,600 $139,000
2023 $730 $28,100 $8,500 $19,600
2022 $690 $28,100 $8,500 $19,600
2021 $684 $28,100 $8,500 $19,600
2020 $46 $28,100 $8,500 $19,600
2019 $0 $28,100 $8,500 $19,600
2018 $47 $28,100 $8,500 $19,600
2017 $0 $28,100 $0 $0
2016 -- $28,100 $0 $0
2015 -- $28,100 $0 $0
2014 -- $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2028014

Bright MLS

APN: 9-00-09900-01-1700-000