NOT LISTED FOR SALE

481 Toftrees Dr Middletown, DE 19709

Estimated Value: $416,000 - $442,000

3 Beds
2.5 Baths
2,175 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $340,000 $156 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,302/month

5 Days on Market

Highlights

  • Pond View
  • Open Floorplan
  • Deck
  • Appoquinimink High School Rated A
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of August 2021

3 bedroom 2 1/2 Bath home with 2 car garage in Middletown, walk to restaurants, shopping and schools. This former model home overlooks a pond. Entry foyer has hardwood floors that continue into the office/den with french doors, and two car garage. There are plenty of spacious closets too. Up the hardwood stairs the main floor with hardwood floors, 9 ft ceiling with ceiling panels and trim The large great room is open to the eat in kitchen with pantry, island, granite counters and stainless steel appliances, there is a sliding glass door to the large trex deck perfect for entertaining. Upstairs there are 2 bedroom and hall bath and a master suite with walk in closet and spa like master bath and a step saving laundry.
Seller is requesting all offers to be submitted by Tuesday 6/15 at 5:00 pm

Last Agent to Sell the Property

Corrie Robinson

(302) 598-1708 corrierobinson@remax.net RE/MAX 1st Choice - Middletown License #624808 Listed on: 06/11/2021

Last Buyer's Agent

Derek Donatelli

(484) 535-2000 derekdonatelli@donatellirealestate.com EXP Realty, LLC License #rs336160

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Pond Views
  • Basement Fills Entire Space Under The House
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Brick Porch or Patio

Schools

  • Bunker Hill Elementary School
  • Everett Meredith Middle School
  • Appoquinimink High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Ryland
  • Parkway South Ridge Subdivision, Belmont Floorplan

Listing and Financial Details

  • Tax Lot 422
  • Assessor Parcel Number 23-021.00-422

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,424

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal Property
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, dryer, refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-11
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Paneled Walls, Vaulted Ceilings
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Great Room, Office, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Price Per Sq Ft: 149.43
  • Above Grade Finished Sq Ft: 2175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Inside Access, Garage - Rear 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
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Under Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BUNKER HILL
  • High School: APPOQUINIMINK
  • Middle Or Junior School: EVERETT MEREDITH

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 70200.00
  • Land Assessed Value: 3900.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s), Brick
  • Property Condition: Excellent
  • Zoning: 23C-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Ryland

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4676277
  • School Tax: 1979.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2424.00
  • Assessor Parcel Number: 23-021.00-422
  • Tax Lot: 422
  • 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
Jun 11, 2021
Closed on
Aug 9, 2021
Sold by
Simms Darryl F and Wilks Simms Laura
Bought by
Pena Romulo Jesus Cortez
Seller's Agent
Corrie Robinson
RE/MAX 1st Choice - Middletown
Buyer's Agent
Derek Donatelli
EXP Realty, LLC
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Current Estimated Value
$434,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,092
Avg. Annual Appreciation
5.83%
Original Mortgage
$329,800
Outstanding Balance
$299,890
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$134,202

Purchase Details

Closed on
Oct 14, 2016
Sold by
Ryland Group Inc
Bought by
Simms Darryl F and Wilks Simms Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,845
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 2013
Sold by
Cornell Southridge Llc
Bought by
The Ryland Group Inc

Purchase Details

Closed on
May 9, 2013
Sold by
Parkway Th A Llc
Bought by
Cornell Southridge Llc

Purchase Details

Closed on
May 8, 2007
Sold by
Srctr Ventures Llc
Bought by
Anderson Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pena Romulo Jesus Cortez $340,000 None Available
Simms Darryl F $266,685 None Available
The Ryland Group Inc $382,830 None Available
Cornell Southridge Llc $287,500 None Available
Anderson Homes Llc $332,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Romulo Jesus Cortez $329,800
Previous Owner Simms Darryl F $275,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $340,000 +4.6% $156 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $325,000 -4.4% $149 / Sq Ft
06/15/2021 06/15/21 Off Market $340,000 -- --
06/11/2021 06/11/21 For Sale $325,000 -- $149 / 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 $222 $74,100 $3,900 $70,200
2023 $222 $74,100 $3,900 $70,200
2022 $2,278 $74,100 $3,900 $70,200
2021 $1,802 $74,100 $3,900 $70,200
2020 $1,802 $74,100 $3,900 $70,200
2019 $2,041 $74,100 $3,900 $70,200
2018 $1,953 $74,100 $3,900 $70,200
2017 $222 $74,100 $3,900 $70,200
2016 $7 $2,300 $2,300 $0
2015 $58 $2,300 $2,300 $0
2014 $7 $2,300 $2,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC528272

Bright MLS

APN: 23-021.00-422