NOT LISTED FOR SALE

502 Main St Townsend, DE 19734

Estimated Value: $205,000 - $264,000

2 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $110,000

Est. 118% increase in value since last sale

Current estimated payment $1,335/month

Highlights

  • Deck
  • Cathedral Ceiling
  • Double Oven
  • Townsend Elementary School Rated A
  • No HOA
  • 3-minute walk to Townsend Municipal Park

About This Home

As of January 2019

Welcome Home! Priced to sell! Bring your vision & some TLC - this home has loads of potential! Nestled on Main Street in the heart of Townsend & conveniently located to local amenities. This home has loads of charm throughout awaiting to be showcased! The exterior features an inviting front porch, mature landscaping & detached 2 garage for additional storage or hobbies. Other features include: new kitchen appliances, rear deck, fenced yard & newer flooring in the living room. This home is being sold as-is.

Last Agent to Sell the Property

Theresa Russo

(302) 285-1112 theresa.russo@psre.com Patterson-Schwartz-Middletown Listed on: 10/22/2018

Patterson-Schwartz-Middletown

Last Buyer's Agent

Bob BARNHARDT SR.

(302) 388-5700 bobsr@bobsellsdelaware.com Iron Valley Real Estate at The Beach License #RS-0021045

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Back, Front, and Side Yard
  • Property is in below average condition
  • Property is zoned 25R2

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Cathedral Ceiling
  • Living Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Townsend Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-003.00-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$651

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1925
  • Remarks Public: Welcome Home! Priced to sell! Bring your vision & some TLC - this home has loads of potential! Nestled on Main Street in the heart of Townsend & conveniently located to local amenities. This home has loads of charm throughout awaiting to be showcased! The exterior features an inviting front porch, mature landscaping & detached 2 garage for additional storage or hobbies. Other features include: new kitchen appliances, rear deck, fenced yard & newer flooring in the living room. This home is being sold as-is.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven - Double
  • Flooring Type: Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit, Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • 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: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Below Average
  • Zoning: 25R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2389606
  • Tax Annual Amount: 651.00
  • Assessor Parcel Number: 25-003.00-007
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 01/31/2019

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 31, 2019
Sold by
Keel William H
Bought by
Townsend Maryann
Seller's Agent
Theresa Russo
Patterson-Schwartz-Middletown
Buyer's Agent
Bob BARNHARDT SR.
Iron Valley Real Estate at The Beach
List Price
$139,999
Sold Price
$110,000
Premium/Discount to List
-$29,999
-21.43%
Current Estimated Value
$239,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,359
Avg. Annual Appreciation
12.25%
Original Mortgage
$82,500
Outstanding Balance
$75,716
Interest Rate
6.98%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$163,643

Purchase Details

Closed on
Aug 6, 1998
Bought by
Keel William H and Keel Brenda L
Source: Public Records

Range of Values:

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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
Townsend Maryann -- None Available
Keel William H $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Maryann $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $110,000 -17.0% --
11/24/2018 11/24/18 Price Changed $132,500 -5.4% --
10/22/2018 10/22/18 For Sale $139,999 -- --
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 $830 $22,400 $3,700 $18,700
2023 $695 $22,400 $3,700 $18,700
2022 $694 $22,400 $3,700 $18,700
2021 $685 $22,400 $3,700 $18,700
2020 $677 $22,400 $3,700 $18,700
2019 $1,110 $22,400 $3,700 $18,700
2018 $218 $22,400 $3,700 $18,700
2017 $535 $22,400 $3,700 $18,700
2016 $535 $22,400 $3,700 $18,700
2015 $518 $22,400 $3,700 $18,700
2014 $517 $22,400 $3,700 $18,700
Source: Public Records

Agents Affiliated with this Home

  • Theresa Russo

    Seller's Agent in 2019

    Theresa Russo

    Patterson Schwartz

    (302) 285-1112

    4 in this area

    79 Total Sales

    Theresa Russo
    Section Image
  • Bob BARNHARDT SR.

    Buyer's Agent in 2019

    Bob BARNHARDT SR.

    Iron Valley Real Estate at The Beach

    (302) 388-5700

    58 Total Sales

    Bob BARNHARDT SR.
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1009979418

Bright MLS

APN: 25-003.00-007

Delaware New Castle County Townsend 19734

502 Main St, Townsend, DE

This home is located at 502 Main St, Townsend, DE 19734 since 22 October 2018 and is currently estimated at $239,359. This property was built in 1925. 502 Main St is a home located in New Castle County with nearby schools including Townsend Elementary School, Everett Meredith Middle School, and Odessa High School.

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