NOT LISTED FOR SALE

5 Monastery Ln Townsend, DE 19734

Estimated Value: $680,334 - $727,000

5 Beds
3 Baths
5,673 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $455,000 $80 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,163/month

65 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Old State Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2020

WOW! When was the last time you saw a listing in Bishops Walk? I ll tell you! Over a year ago! This one-of-a-kind neighborhood rarely has people leaving because they love it so much! Location is top notch, right off the highways and the new Fairvew Campus of Appoquinimink District. Yes thats right, an ALL NEW school campus is less than a mile away where your child can attend 1-12th grade in one spot! Besides location, Bishops Walk also has large lots, all 1/2 acre, and large estate style homes with side-entry garages! Its a rare find for sure! This home has over 3700 sq ft of finished living space but it FEELS like 5,000! Every single room is huge and ceilings soar nearly 20 feet tall! Lets start out and work our way in... outside you ll enjoy a 3-car garage side entrance on a corner 1/2 acre parcel. Plenty of privacy in the rear of the home with a tree lined perimeter and privately owned land behind that. Inside you ll enjoy real hardwood floors, a sunken living room, main floor bedroom with FULL bathroom, formal dining room and an updated kitchen! The kitchen also features a separate workspace and just recently had new granite installed! A professional painter used their magic wand to turn the cabinets to the Alabaster White color, and with stainless steel appliances it looks like a brand new kitchen! Just next to the kitchen is the enormous family room with fireplace and 2-story windows. There is a 2nd staircase to the upstairs that leads from the family room, or you can take the wood staircase in the foyer. Upstairs you ll love the wood throughout the halls and the walk-in laundry room! Four bedrooms up there bring the total to 5 and the size of them will impress you! Any kid would do flips for these size rooms (I know mine would)! The master retreat is just that... a retreat for the master of this house! It s extremely gracious with two large walk in closets, an oversized sitting room, a vanity area, garden bath, and cathedral ceilings! The basement in this home offers over 1500 additional square feet for storage or entertainment (get creative)! So in summary, a 5 bedroom McMansion awaits you in rarely available Bishops Walk under 500k... Don t walk, R-U-N!

Last Agent to Sell the Property

Megan Aitken

(302) 528-9124 Meganaitken@kw.com Keller Williams Realty License #RE0020721 Listed on: 05/28/2020

Keller Williams Realty

Last Buyer's Agent

Jeffrey Kralovec

(267) 858-0914 jeff.kralovec@compass.com Compass License #RS-0024577

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 2003

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 105.03 x 169.13
  • Property is in very good condition
  • Property is zoned NC21

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Townsend Elementary School
  • Everett Meredith Middle School
  • Middletown High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Brick Porch or Patio

Community Details

  • No Home Owners Association
  • Bishops Walk Subdivision

Listing and Financial Details

  • Tax Lot 237
  • Assessor Parcel Number 14-007.40-237

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,554

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: See exclusions.
  • Historic: No
  • Inclusions: See inclusions.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Energy Star Dishwasher, Energy Star Refrigerator, Oven - Self Cleaning, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Soaking Tub, Stall Shower, Store/Office, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Entry Level Bedroom
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5673
  • Living Area Sq Ft: 5673
  • Price Per Sq Ft: 124.67
  • Above Grade Finished Sq Ft: 3750
  • Below Grade Finished Sq Ft: 1923
  • Total Below Grade Sq Ft: 1923
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone, Aluminum Siding
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TOWNSEND
  • High School: MIDDLETOWN
  • Middle Or Junior School: EVERETT MEREDITH

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 121500.00
  • Land Assessed Value: 8700.00
  • Lot Size Acres: 0.51
  • Lot Dimensions: 105.03 x 169.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Patio(s), Brick
  • Property Condition: Very Good
  • Zoning: NC21
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2361187
  • School Tax: 3478.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4554.00
  • Assessor Parcel Number: 14-007.40-237
  • Tax Lot: 237
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Gheewala Mohitkumar C
Bought by
Gheewala Mohitkumar C and Gheewala Darsh
Current Estimated Value
$704,834

Purchase Details

Closed on
Dec 6, 2013
Sold by
Mann Robert and Mann Lisa
Bought by
Mann Robert

Purchase Details

Closed on
Aug 6, 2003
Sold by
Double S Grand Homes Llc
Bought by
Mann Robert and Mann Lisa

Purchase Details

Closed on
Oct 17, 2002
Sold by
Stover Builders Inc
Bought by
Double S Grand Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
6.18%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Hammond Homes Llc
Bought by
Stover Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gheewala Mohitkumar C -- None Available
Mann Robert -- Quality Title & Abstract Age
Mann Robert $306,280 --
Double S Grand Homes Llc $603,000 --
Stover Builders Inc $504,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Double S Grand Homes Llc $603,000
Previous Owner Stover Builders Inc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $455,000 -2.7% $80 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $467,500 0.0% $82 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $467,500 -- $82 / 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 $5,635 $130,200 $8,700 $121,500
2023 $4,833 $130,200 $8,700 $121,500
2022 $4,846 $130,200 $8,700 $121,500
2021 $4,786 $130,200 $8,700 $121,500
2020 $4,733 $130,200 $8,700 $121,500
2019 $4,604 $130,200 $8,700 $121,500
2018 $195 $130,200 $8,700 $121,500
2017 $3,715 $130,200 $8,700 $121,500
2016 $3,715 $130,200 $8,700 $121,500
2015 $3,617 $130,200 $8,700 $121,500
2014 $3,628 $130,200 $8,700 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC501038

Bright MLS

APN: 14-007.40-237