NOT LISTED FOR SALE

481 Gum Bush Rd Townsend, DE 19734

Estimated Value: $355,000 - $415,000

3 Beds
1 Bath
1,200 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $215,000 $179 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,197/month

Highlights

  • 3.68 Acre Lot
  • Wooded Lot
  • Cathedral Ceiling
  • Old State Elementary School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of April 2014

Living rm w/ cathedral ceiling, formal DR, eat-in kitchen, 22 X 13 Family rm w/ raised hearth brick fireplace, walk-up attic in Master bedrm is a great place for storage, 2 car attached garage, remodeled full bath, front porch overlooks park like setting. Large pantry used to be powder room (could possibly be converted back). Property has 5 out buildings, 2 car garage, walk-up attic that could be converted into an office, work-out rm or hobby rm. Close to Rt.1. A little TLC to the interior of this home would make this a lovely home. Priced right. Please include on your tour today!! If you are looking for a little privacy, this is a great setting. Long winding, blacktopped drive. Minutes to Rt. 1. Have your own oasis w/ privacy yet close to amentities.

Last Agent to Sell the Property

Lori Schopfer

lorischopfer@comcast.net RE/MAX Associates-Wilmington License #R3-0008857 Listed on: 01/30/2014

RE/MAX Associates-Wilmington

Last Buyer's Agent

P. Timothy Robertson

(302) 353-6102 trobertsonre22@gmail.com RE/MAX 1st Choice - Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1973

Lot Details

  • 3.68 Acre Lot
  • Lot Dimensions are 200x805
  • Level Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned NC40

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on lower level
  • Attic

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 15-011.00-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Split Level
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Sheds, Ceiling Fans
  • New Construction: No
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 196.25
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: 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
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 38700.00
  • Land Assessed Value: 12700.00
  • Lot Features: Level, Trees/Wooded
  • Lot Size Acres: 3.68
  • Lot Dimensions: 200X805
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 160301.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC40

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2364983
  • Tax Annual Amount: 1351.00
  • Assessor Parcel Number: 15-011.00-038
  • Tax Lot: 038
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 4, 2014
Sold by
Ditlow William H and Ditlow Robert O
Bought by
Brown Brandon M and Brown Kimberly R
Seller's Agent
Lori Schopfer
RE/MAX Associates-Wilmington
Buyer's Agent
P. Timothy Robertson
RE/MAX 1st Choice - Middletown
List Price
$235,500
Sold Price
$215,000
Premium/Discount to List
-$20,500
-8.7%
Current Estimated Value
$383,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,633
Avg. Annual Appreciation
5.13%
Original Mortgage
$193,500
Outstanding Balance
$147,041
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$236,592
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
Brown Brandon M $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Brandon M $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $215,000 -8.7% $179 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $235,500 -- $196 / 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 $2,151 $51,400 $12,700 $38,700
2023 $1,828 $51,400 $12,700 $38,700
2022 $1,841 $51,400 $12,700 $38,700
2021 $1,819 $51,400 $12,700 $38,700
2020 $1,798 $51,400 $12,700 $38,700
2019 $1,665 $51,400 $12,700 $38,700
2018 $1,602 $51,400 $12,700 $38,700
2017 $1,534 $51,400 $12,700 $38,700
2016 $1,402 $51,400 $12,700 $38,700
2015 $1,363 $51,400 $12,700 $38,700
2014 $1,360 $51,400 $12,700 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002793586

Bright MLS

APN: 15-011.00-038