NOT LISTED FOR SALE

500 Old Telegraph Rd Middletown, DE 19709

Estimated Value: $401,501

11.02 Acres
$36,434 Price per Acre
480,031 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $310,000

Est. 30% increase in value since last sale

Current estimated payment $2,514/month

Highlights

  • 11.02 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Appoquinimink High School Rated A

About This Lot

As of July 2021

Wonderful opportunity to build your dream home. NO BUILDER TIE IN. Private road with only five homesites. Tranquil setting zoned Suburban Reserve, it is an area designed to preserve large amounts of open space for each homeowner. Incentives by the county are provided for open space development to preserve land that can be farmed or used for agricultural use. Contact NCC Land Use for additional information. No formal survey info is available at this time. Well and septic needed which is common in area. Feaseability study to be paid for by buyer. There are five parcels for sale, with each homeowner owning 20% (1/5) of private roadway. Seller will begin street improvements when one lot is purchased for 1.5 million. Entire parcel of five lots may be purchased. Preliminary sub-division plans are on file. Contact listing agent with any questions or to view individual lots.

Last Agent to Sell the Property

Victoria Loesch

(302) 242-9382 victoria.loesch@gmail.com Patterson-Schwartz-Middletown Listed on: 08/01/2018

Patterson-Schwartz-Middletown

Last Buyer's Agent

Jason Zang

(443) 553-4740 jzang4351@gmail.com RE/MAX Chesapeake License #656659

RE/MAX Chesapeake

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $600

Lot Details

  • 11.02 Acre Lot
  • Property is zoned SR-UD

Additional Features

  • En-Suite Primary Bedroom
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 13-026.00-040

Property Details

Property Type

Land

Est. Annual Taxes

$600

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.65

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 11.02
  • Lot Dimensions: 0, LotWidth:1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 480031.00
  • Zoning: SR-UD
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease In Effect: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4868509
  • Tax Annual Amount: 600.00
  • Assessor Parcel Number: 13-026.00-040
  • Tax Lot: 040
  • Tax Year: 2017

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jul 23, 2021
Sold by
Kumar Urmila T
Bought by
Kumar Urmila T and Bathula Sudher
Seller's Agent
Victoria Loesch
Patterson-Schwartz-Middletown
Buyer's Agent
Jason Zang
RE/MAX Chesapeake
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$401,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,501
Avg. Annual Appreciation
6.20%
Original Mortgage
$232,500
Outstanding Balance
$210,958
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,543
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kumar Urmila T -- None Available
Kumar Urmila T -- None Available
Kumar Urmila T $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Urmila T $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $310,000 0.0% --
05/26/2021 05/26/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $310,000 0.0% --
03/13/2021 03/13/21 Pending -- -- --
07/29/2019 07/29/19 For Sale $310,000 0.0% --
07/26/2019 07/26/19 Off Market $310,000 -- --
08/01/2018 08/01/18 For Sale $310,000 -- --
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 -- $32,600 $32,600 $0
2023 -- $32,600 $32,600 --
2022 $0 $32,600 $32,600 $0
2021 $0 $32,600 $32,600 $0
2020 $0 $32,600 $32,600 $0
2019 $0 $32,600 $32,600 $0
2018 $0 $32,600 $32,600 $0
2017 -- $32,600 $32,600 $0
2016 -- $32,600 $32,600 $0
2015 -- $32,600 $32,600 $0
2014 -- $32,600 $32,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002141278

Bright MLS

APN: 13-026.00-040