NOT LISTED FOR SALE

480 Spectrum Farms Rd Felton, DE 19943

Estimated Value: $320,000 - $417,432

1 Bed
1 Bath
630 Sq Ft
$606/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $188,500 $299 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,145/month

Highlights

  • Paddocks
  • 13 Acre Lot
  • Attic
  • Lake Forest North Elementary School Rated 9+
  • Barn or Farm Building
  • No HOA

About This Home

As of July 2016

DE's first TinyHome, on 13 fenced-in acres. 2 paddocks several round pens set up for horses. The LLP septic is designed for an 3 bed home. Well is 30ft master bed room is in loft with a sliding glass w/deck. Full size washer and dryer, refrigerator. Whirlpool tub or on hot summer nights jump in the pool. Clear pasture land with some woods in the back. Several outbuildings with a run in shed. Fenced paddocks in place. Perfect for horses. Bunkhouse with 1 bedroom. One of the sellers is a licensed real estate agent in the state of DE.

Last Agent to Sell the Property

Marianne Callahan

(302) 492-3633 mcallahan@psre.com Patterson-Schwartz-Dover Listed on: 04/15/2016

Patterson-Schwartz-Dover

Last Buyer's Agent

Marianne Callahan

(302) 492-3633 mcallahan@psre.com Patterson-Schwartz-Dover Listed on: 04/15/2016

Patterson-Schwartz-Dover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 2000

Lot Details

  • 13 Acre Lot
  • Flag Lot
  • Property is in good condition
  • Property is zoned AR

Parking

  • 3 Open Parking Spaces

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Wall to Wall Carpet
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Shed
  • Barn or Farm Building
  • Paddocks

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number SM-00-13500-01-2600-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Remarks Public: DE's first TinyHome, on 13 fenced-in acres. 2 paddocks several round pens set up for horses. The LLP septic is designed for an 3 bed home. Well is 30ft master bed room is in loft with a sliding glass w/deck. Full size washer and dryer, refrigerator. Whirlpool tub or on hot summer nights jump in the pool. Clear pasture land with some woods in the back. Several outbuildings with a run in shed. Fenced paddocks in place. Perfect for horses. Bunkhouse with 1 bedroom. One of the sellers is a licensed real estate agent in the state of DE.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 480

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Barn/Farm Building
  • Construction Materials: Aluminum Siding
  • Access To Pool: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886

Lot Info

  • Horse Amenities: Paddock
  • Lot Features: Flag
  • Lot Size Acres: 13.00
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 566280.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2477629
  • Tax Annual Amount: 495.00
  • Assessor Parcel Number: SM-00-13500-01-2600-0001
  • Tax Year: 2015
  • Close Date: 07/29/2016

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jul 29, 2016
Sold by
Callahan Marianne P
Bought by
Roberts Bruce Edward
Seller's Agent
Marianne Callahan
Patterson-Schwartz-Dover
Buyer's Agent
Marianne Callahan
Patterson-Schwartz-Dover
List Price
$198,500
Sold Price
$188,500
Premium/Discount to List
-$10,000
-5.04%
Current Estimated Value
$381,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,358
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 1, 2016
Sold by
Lau Reobert H
Bought by
Callahan Marianne P
Seller's Agent
Marianne Callahan
Patterson-Schwartz-Dover
Buyer's Agent
Marianne Callahan
Patterson-Schwartz-Dover
List Price
$198,500
Sold Price
$188,500
Premium/Discount to List
-$10,000
-5.04%

Purchase Details

Closed on
Apr 7, 2014
Sold by
Lau Robert H
Bought by
Lau Robert H and Callahan Marianne P
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
Roberts Bruce Edward $188,500 Attorney
Callahan Marianne P -- None Available
Lau Robert H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $188,500 -5.0% $299 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $198,500 -- $315 / 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 $1,517 $393,300 $148,000 $245,300
2024 $1,517 $393,300 $148,000 $245,300
2023 $826 $30,600 $9,800 $20,800
2022 $749 $30,600 $9,800 $20,800
2021 $714 $30,600 $9,800 $20,800
2020 $741 $30,600 $9,800 $20,800
2019 $741 $30,600 $9,800 $20,800
2018 $698 $30,600 $9,800 $20,800
2017 $697 $30,600 $0 $0
2016 $503 $24,300 $0 $0
2015 $495 $24,300 $0 $0
2014 $488 $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marianne Callahan

    Patterson Schwartz

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Map

Source: Bright MLS

MLS Number: 1003963017

Bright MLS

APN: 8-00-13500-01-2600-000

Delaware Kent County Felton 19943

480 Spectrum Farms Rd, Felton, DE

This home is located at 480 Spectrum Farms Rd, Felton, DE 19943 since 15 April 2016 and is currently estimated at $381,858, approximately $606 per square foot. This property was built in 2000. 480 Spectrum Farms Rd is a home located in Kent County with nearby schools including Lake Forest North Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

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