$252,000
SOLD MAR 6, 2025

503 Schooner Way Dover, DE 19901

2 Beds
3.5 Baths
1,320 Sq Ft
3,157 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

1% Above List Price

20 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank
  • No HOA

About This Home

As of March 2025

Welcome to 503 Schooner Way! Modern and spacious living awaits you in this beautifully maintained row home of Bay Tree. Step inside and tour the open living space with hardwood floors throughout. You will find two spacious bedrooms and 3.5 bathrooms, which have all been updated. The fully finished basement can easily turn into another bedroom or entertaining area. Bay Tree is centrally located in Dover with easy access to route 13, parks, and shopping. This home will not last long, schedule your tour now! Home is being sold AS-IS, any inspections are for informational purpose only.

Last Agent to Sell the Property

Holly Messina

Burns & Ellis Realtors Listed on: 01/09/2025

Last Buyer's Agent

Jemimah Chuks

EXP Realty, LLC License #RS-0026132

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1993

Lot Details

  • 3,157 Sq Ft Lot
  • Lot Dimensions are 22.51 x 141.27

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Bay Tree Subdivision

Listing and Financial Details

  • Tax Lot 1600-000
  • Assessor Parcel Number LC-05-06810-01-1600-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,549

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-01-09
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 503 Schooner Way! Modern and spacious living awaits you in this beautifully maintained row home of Bay Tree. Step inside and tour the open living space with hardwood floors throughout. You will find two spacious bedrooms and 3.5 bathrooms, which have all been updated. The fully finished basement can easily turn into another bedroom or entertaining area. Bay Tree is centrally located in Dover with easy access to route 13, parks, and shopping. This home will not last long, schedule your tour now! Home is being sold AS-IS, any inspections are for informational purpose only.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 189.39
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • 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
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 22.51 x 141.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3157.00
  • Year Assessed: 2023
  • Zoning: RM2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 945.00
  • Tax Annual Amount: 1549.00
  • Assessor Parcel Number: LC-05-06810-01-1600-000
  • Tax Lot: 1600-000
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/06/2025

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Mar 6, 2025
Sold by
Yuen Karen S
Bought by
Ross Lashawn
Seller's Agent
Holly Messina
Burns & Ellis Realtors
Buyer's Agent
Jemimah Chuks
EXP Realty, LLC
List Price
$250,000
Sold Price
$252,000
Premium/Discount to List
$2,000
0.8%
Views
133
Current Estimated Value
$252,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737
Avg. Annual Appreciation
1.01%
Original Mortgage
$7,423
Outstanding Balance
$7,417
Interest Rate
6.95%
Estimated Equity
$245,320

Purchase Details

Closed on
Mar 29, 2005
Sold by
Kim Jong H and Kim Gina M
Bought by
Yuen Delaware and Yuen Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,980
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2003
Bought by
Yuen Karen S and Dill Michael W
Source: Public Records

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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 Type Sale Price Title Company
Deed $252,000 None Listed On Document
Deed -- None Available
Deed $28,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,423 No Value Available
Open $247,435 FHA
Previous Owner $97,000 New Conventional
Previous Owner $96,000 New Conventional
Previous Owner $26,980 Unknown
Previous Owner $107,920 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $252,000 +0.8% $191 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $250,000 -- $189 / 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 $1,186 $208,900 $57,100 $151,800
2023 $1,148 $39,000 $7,300 $31,700
2022 $1,110 $39,000 $7,300 $31,700
2021 $1,069 $39,000 $7,300 $31,700
2020 $1,033 $39,000 $7,300 $31,700
2019 $976 $39,000 $7,300 $31,700
2018 $891 $39,000 $7,300 $31,700
2017 $876 $39,000 $0 $0
2016 $879 $39,000 $0 $0
2015 $879 $39,000 $0 $0
2014 $881 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2033828

Bright MLS

APN: 4-05-06810-01-1600-000