NOT LISTED FOR SALE

5 Morgan Ln Wilmington, DE 19808

Estimated Value: $607,000 - $690,000

4 Beds
2.5 Baths
3,075 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $625,000 $203 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,803/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Dupont (H.B.) Middle School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of June 2024

Welcome to your dream home! This stunning property boasts incredible curb appeal and an open floor plan that is perfect for entertaining. The brand new kitchen (2021) features granite countertops, a super sized center island, new stainless steel hood, custom backsplash and modern light fixtures. The home includes a brand new office room(2024) with large 5ft double French doors. Gleaming hardwood floors in living room/office, dining and kitchen. The kitchen is open to the family room with wood burning fireplace surrounded by a classy brick wall and built in bookcases. The family room offers a large triple slider with a gorgeous view of the backyard. Step outside to the beautiful fenced in backyard with double tiered deck, adding an extra layer of privacy to the peaceful wooded setting. Spacious and finished true walk out daylight basement with optional bonus room and workshop. Located in the red clay school system, this community features beautiful landscapes, a community playground and is quiet with great walk ability. This superb home is close to shopping, fitness clubs, parks, tennis, golf, and truly has it all. Don’t miss out on this incredible opportunity to own a piece of paradise. Schedule your tour today.

Last Agent to Sell the Property

Gina McCollum

(302) 731-1945 ggmhomes@aol.com RE/MAX Associates-Hockessin Listed on: 05/10/2024

RE/MAX Associates-Hockessin

Last Buyer's Agent

Robert Watson

(302) 545-5226 robwatson@verizon.net RE/MAX Elite License #RS220786L

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,965

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80.40 x 120.00
  • Property is Fully Fenced
  • Property is in very good condition
  • Property is zoned NCPUD

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,075 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Limestone Hills Subdivision

Listing and Financial Details

  • Tax Lot 264
  • Assessor Parcel Number 08-025.30-264

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,965

Year Built

Built in 1986

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer & Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-10
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Breakfast Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished
  • Total Sq Ft: 3075
  • Living Area Sq Ft: 3075
  • Price Per Sq Ft: 188.29
  • Above Grade Finished Sq Ft: 3075
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.25
  • Lot Dimensions: 80.40 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Very Good
  • Zoning: NCPUD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2971.00
  • Tax Annual Amount: 3965.00
  • Assessor Parcel Number: 08-025.30-264
  • Tax Lot: 264
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 14, 2024
Sold by
Gopalakrishnan Ajit and Bharadwaj Bomlapur V
Bought by
Walsh Joseph J and Stika-Walsh Margaret A
Seller's Agent
Gina McCollum
RE/MAX Associates-Hockessin
Buyer's Agent
Robert Watson
RE/MAX Elite
List Price
$579,000
Sold Price
$625,000
Premium/Discount to List
$46,000
7.94%
Views
65
Current Estimated Value
$645,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,556
Avg. Annual Appreciation
2.24%
Original Mortgage
$375,000
Outstanding Balance
$370,278
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$275,278

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 7, 2016
Sold by
Shi Yingwei Bill and Shi Pialan
Bought by
Gopalakrishnan Ajit and Bharadwaj Bomlapur V N
Seller's Agent
Nancy Pu-Chou
BHHS Fox & Roach - Hockessin
Buyer's Agent
David Smyth
EXP Realty, LLC
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$308,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Tabeling Joseph W and Tabeling Linda M
Bought by
Shi Yingwei Bill and Shi Pialan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walsh Joseph J -- None Listed On Document
Gopalakrishnan Ajit $385,000 None Available
Shi Yingwei Bill $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Joseph J $375,000
Previous Owner Gopalakrishnan Ajit $308,000
Previous Owner Shi Yingwei Bill $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $625,000 +7.9% $203 / Sq Ft
06/17/2024 06/17/24 Price Changed $579,000 0.0% $188 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $579,000 +50.4% $188 / Sq Ft
06/16/2016 06/16/16 Sold $385,000 -2.5% $125 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $395,000 -- $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
2024 $4,605 $120,200 $25,200 $95,000
2023 $4,084 $120,200 $25,200 $95,000
2022 $4,106 $120,200 $25,200 $95,000
2021 $4,102 $120,200 $25,200 $95,000
2020 $4,103 $120,200 $25,200 $95,000
2019 $4,239 $120,200 $25,200 $95,000
2018 $4,032 $120,200 $25,200 $95,000
2017 $3,984 $120,200 $25,200 $95,000
2016 $3,789 $120,200 $25,200 $95,000
2015 $3,561 $120,200 $25,200 $95,000
2014 $3,308 $120,200 $25,200 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2060998

Bright MLS

APN: 08-025.30-264