Seller's Agent in 2021
Victoria Loesch
Patterson Schwartz
(302) 242-9382
5 in this area
22 Total Sales
504 Old Telegraph Rd Middletown, DE 19709
Estimated Value: $470,187
11.83
Acres
$39,745
Price per Acre
515,315
Sq Ft Lot
About This Lot
As of May 2021Great opportunity to build your dream home with 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 is available at this time. Well and septic needed which is common in area. Feaseability study to be paid by buyer. There are five parcels for sale with each homeowner owning 20% (1/5) of private road. Seller will begin street improvements when one lot is purchased. Entire parcel of five lots maybe purchased for 1.5 million. Preliminary sub-division plans are on file. Contact listing agent with any questions or to tour individual lots.
Last Agent to Sell the Property
(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown Listed on: 08/01/2018
Property Details
Property Type
- Land
Est. Annual Taxes
- $636
Lot Details
- 11.83 Acre Lot
- Property is zoned SR-UD
Utilities
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 038
- Assessor Parcel Number 13-026.00-038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2018
Closed on
May 10, 2021
Sold by
Lindstrom Duane
Bought by
Karthi Farms Llc
Seller's Agent
Victoria Loesch
Patterson-Schwartz-Middletown
Buyer's Agent
Jason Zang
RE/MAX Chesapeake
List Price
$360,000
Sold Price
$354,000
Premium/Discount to List
-$6,000
-1.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,187
Avg. Annual Appreciation
5.88%
Original Mortgage
$265,500
Outstanding Balance
$214,590
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,597
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karthi Farms Llc | $354,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karthi Farms Llc | $265,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $354,000 | -1.7% | -- |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 07/29/2019 07/29/19 | For Sale | $360,000 | +1.7% | -- |
| 07/26/2019 07/26/19 | Off Market | $354,000 | -- | -- |
| 08/01/2018 08/01/18 | For Sale | $360,000 | -- | -- |
Source: Bright MLS
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 | $2,140 | $500,200 | $224,500 | $275,700 |
| 2024 | $331 | $42,500 | $34,600 | $7,900 |
| 2023 | $281 | $42,500 | $34,600 | $7,900 |
| 2022 | $0 | $34,600 | $34,600 | $0 |
| 2021 | $0 | $34,600 | $34,600 | $0 |
| 2020 | $0 | $34,600 | $34,600 | $0 |
| 2019 | $0 | $34,600 | $34,600 | $0 |
| 2018 | $0 | $34,600 | $34,600 | $0 |
| 2017 | -- | $34,600 | $34,600 | $0 |
| 2016 | -- | $34,600 | $34,600 | $0 |
| 2015 | -- | $34,600 | $34,600 | $0 |
| 2014 | -- | $34,600 | $34,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Loesch
-
Jason Zang
Buyer's Agent in 2021
Jason Zang
RE/MAX
(443) 553-4740
4 in this area
133 Total Sales
Map
Source: Bright MLS
MLS Number: 1002141350
APN: 13-026.00-038
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