NOT LISTED FOR SALE

501 Oak Ln Dover, DE 19901

Estimated Value: $251,000 - $302,000

3 Beds
1.5 Baths
1,200 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $191,800 $160 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,576/month

Highlights

  • 91 Feet of Waterfront
  • Rambler Architecture
  • No HOA
  • Water Oriented
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of April 2018

R-9764 Price Reduced and freshly painted. Seize this rare opportunity to own a waterfront home on Silver Lake! The views from the rear screened porch are breathtaking. The home is a three bedroom ranch with living room, dining room, and kitchen. The home also features a full basement with some partially finished rooms and a half bath. There is also a one-car detached garage. With some updating and changes, this home could be your personal oasis. Did I mention Waterfont! The actual address is 501 Oak Lane, not Oak Street.

Last Agent to Sell the Property

Lynn Baker

(302) 632-3001 lynnbaker@remax.net Bryan Realty Group Listed on: 01/24/2017

Last Buyer's Agent

Dana Hess

(302) 423-5551 danaHess@HessHomeGroupRE.com EXP Realty, LLC License #RS-0023750

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 91x130
  • 91 Feet of Waterfront
  • Property is in good condition
  • Property is zoned R8

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8100-000
  • Assessor Parcel Number ED-05-06813-01-8100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1955
  • Remarks Public: R-9764 Price Reduced and freshly painted. Seize this rare opportunity to own a waterfront home on Silver Lake! The views from the rear screened porch are breathtaking. The home is a three bedroom ranch with living room, dining room, and kitchen. The home also features a full basement with some partially finished rooms and a half bath. There is also a one-car detached garage. With some updating and changes, this home could be your personal oasis. Did I mention Waterfont! The actual address is 501 Oak Lane, not Oak Street.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 170.75
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 91

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPITAL
  • School District Key: 300200396888

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 91X130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11830.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R8

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2433266
  • Tax Annual Amount: 1315.00
  • Assessor Parcel Number: ED-05-06813-01-8100-000
  • Tax Lot: 8100-000
  • Tax Year: 2017
  • Close Date: 04/06/2018

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Apr 6, 2018
Sold by
Allen Brian and Bradley Jon A
Bought by
Becker Bruce A and Becker Emma R
Seller's Agent
Lynn Baker
Bryan Realty Group
Buyer's Agent
Dana Hess
EXP Realty, LLC
List Price
$219,500
Sold Price
$191,800
Premium/Discount to List
-$27,700
-12.62%
Current Estimated Value
$275,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,558
Avg. Annual Appreciation
4.94%
Original Mortgage
$141,800
Outstanding Balance
$121,832
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$153,526
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
Becker Bruce A $191,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Bruce A $141,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $191,800 -6.4% $160 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/15/2017 11/15/17 Price Changed $204,900 -6.7% $171 / Sq Ft
07/31/2017 07/31/17 For Sale $219,500 +14.4% $183 / Sq Ft
07/31/2017 07/31/17 Off Market $191,800 -- --
05/13/2017 05/13/17 Price Changed $219,500 -1.5% $183 / Sq Ft
01/24/2017 01/24/17 For Sale $222,900 -- $186 / 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
2025 $1,392 $245,300 $94,100 $151,200
2024 $1,392 $245,300 $94,100 $151,200
2023 $1,051 $35,700 $16,100 $19,600
2022 $1,016 $35,700 $16,100 $19,600
2021 $979 $35,700 $16,100 $19,600
2020 $945 $35,700 $16,100 $19,600
2019 $894 $35,700 $16,100 $19,600
2018 $816 $35,700 $16,100 $19,600
2017 $802 $35,700 $0 $0
2016 $805 $35,700 $0 $0
2015 $804 $35,700 $0 $0
2014 $806 $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000365457

Bright MLS

APN: 2-05-06813-01-8100-000