NOT LISTED FOR SALE

466 Lochmeath Way Dover, DE 19904

Estimated Value: $321,000 - $400,000

4 Beds
2 Baths
2,104 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $255,000 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,976/month

Highlights

  • 0.66 Acre Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • Caesar Rodney High School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2020

100% financing available through USDA! Great location, large double lot for pool, boat, camper, etc. Remodeled home with lots of upgrades. This home features granite counter-tops, tile floors, upgraded bathrooms, and lots of living space!

Last Agent to Sell the Property

Gilbert Myers

(302) 363-3950 grmyersjr@gmail.com Myers Realty License #RB-0020472 Listed on: 07/24/2019

Last Buyer's Agent

Gilbert Myers

(302) 363-3950 grmyersjr@gmail.com Myers Realty License #RB-0020472 Listed on: 07/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1956 | Remodeled in 2018

Lot Details

  • 0.66 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition
  • Property is zoned RS1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 1.5 Levels
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances

Flooring

  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • 220 Volts
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7-00-10307-0-0500-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 1956 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1956
  • Year Renovated: 2018
  • Remarks Public: 100% financing available through USDA! Great location, large double lot for pool, boat, camper, etc. Remodeled home with lots of upgrades. This home features granite counter-tops, tile floors, upgraded bathrooms, and lots of living space!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Laminated, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 1.5
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3112
  • Living Area Sq Ft: 2104
  • Price Per Sq Ft: 128.28
  • Above Grade Finished Sq Ft: 2104
  • Below Grade Sq Ft: 1008
  • Total Below Grade Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 466

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • 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: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Fencing: Partially
  • Lot Size Acres: 0.66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RS1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2464607
  • Tax Annual Amount: 1143.00
  • Assessor Parcel Number: 7-00-10307-0-0500-00001
  • Tax Year: 2018
  • Close Date: 05/28/2020

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Lee Smith Matthew and Lee Rosa
Bought by
Thomas Jermaine and Thomas Betty
Current Estimated Value
$347,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Outstanding Balance
$209,077
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$138,571

Purchase Details

Listed on
Jul 24, 2019
Closed on
May 28, 2020
Sold by
Daniel Lin Properties Llc
Bought by
Smith Matthew Lee and Smith Rosa Lee
Seller's Agent
Gilbert Myers
Myers Realty
Buyer's Agent
Gilbert Myers
Myers Realty
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
May 10, 2018
Sold by
Bank Of America Na
Bought by
Daniel Lin Properties Llc

Purchase Details

Closed on
Oct 15, 2010
Sold by
Ratledge Leigh Ellen
Bought by
Fox Brittany F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,701
Interest Rate
4.9%
Mortgage Type
FHA
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
Thomas Jermaine $255,000 None Listed On Document
Smith Matthew Lee $255,000 None Available
Daniel Lin Properties Llc $100,000 None Available
Fox Brittany F $173,000 Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Jermaine $223,850
Previous Owner Fox Brittany F $170,701
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $255,000 -5.5% $121 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $269,900 0.0% $128 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
10/19/2019 10/19/19 For Sale $269,900 0.0% $128 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $269,900 -- $128 / 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
2025 $1,598 $306,100 $73,800 $232,300
2024 $1,598 $306,100 $73,800 $232,300
2023 $1,351 $38,600 $11,500 $27,100
2022 $1,284 $38,600 $11,500 $27,100
2021 $1,242 $38,600 $11,500 $27,100
2020 $1,210 $38,600 $11,500 $27,100
2019 $1,174 $38,600 $11,500 $27,100
2018 $1,143 $38,600 $11,500 $27,100
2017 $1,131 $38,600 $0 $0
2016 $1,057 $38,600 $0 $0
2015 -- $38,600 $0 $0
2014 -- $38,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT231092

Bright MLS

APN: 7-00-10307-01-0500-000