NOT LISTED FOR SALE

505 Chestnut Ln Townsend, DE 19734

Estimated Value: $520,810 - $569,000

4 Beds
2.5 Baths
2,100 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $345,000 $164 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,322/month

89 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Ramp on the main level
  • Old State Elementary School Rated A
  • Living Room
  • Shed

About This Home

As of October 2020

Do to multiple offers, all offers need to be in by 5pm 8/30/20. Back on the market. Visit this spacious brick ranch property sitting on 2+ acres of land. Full open space basement. The property is an estate sale. Property was orginally a 4 bedroom, the 3rd & 4th bedroom was combined. New septic system to be installed, just waiting on DENREC's approval of system. Home is being sold as is. New septic system to be installed, just waiting on DENREC's approval of system. Home is being sold as is.

Last Agent to Sell the Property

Maurrell English

English Realty License #RB-0020676 Listed on: 06/03/2020

Last Buyer's Agent

Rick Anibal

RE/MAX 1st Choice - Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 1977

Lot Details

  • 2.24 Acre Lot
  • Lot Dimensions are 290.00 x 307.80
  • Property is zoned NC40

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Additional Features

  • Ramp on the main level
  • Shed

Community Details

  • No Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 14-007.00-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,511

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Do to multiple offers, all offers need to be in by 5pm 8/30/20. Back on the market. Visit this spacious brick ranch property sitting on 2+ acres of land. Full open space basement. The property is an estate sale. Property was orginally a 4 bedroom, the 3rd & 4th bedroom was combined. New septic system to be installed, just waiting on DENREC's approval of system. Home is being sold as is. New septic system to be installed, just waiting on DENREC's approval of system. Home is being sold as is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 164.29
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, 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: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81700.00
  • Land Assessed Value: 18700.00
  • Lot Size Acres: 2.24
  • Lot Dimensions: 290.00 x 307.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97574.00
  • Year Assessed: 2020
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2360697
  • School Tax: 2682.00
  • Tax Annual Amount: 3511.00
  • Assessor Parcel Number: 14-007.00-051
  • Tax Lot: 051
  • Tax Total Finished Sq Ft: 2100
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Oct 16, 2020
Sold by
Wall John M and Wall Robert B
Bought by
Sutton Rudolph and Sutton Takeisha Nicole
Seller's Agent
Maurrell English
English Realty
Buyer's Agent
Rick Anibal
RE/MAX 1st Choice - Middletown
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$545,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,453
Avg. Annual Appreciation
8.45%
Original Mortgage
$327,750
Outstanding Balance
$294,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$217,468

Purchase Details

Closed on
Aug 11, 2016
Sold by
Dobrowolski Phillip M
Bought by
Alvi Khizar

Purchase Details

Closed on
Nov 13, 2008
Sold by
Lindale Harry J and Lindale Linda L
Bought by
Wall Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.11%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sutton Rudolph -- None Available
Alvi Khizar $140,000 Attorney
Wall Denise C $244,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Rudolph $327,750
Previous Owner Wall Denise C $183,600
Previous Owner Wall Denise C $183,000
Previous Owner Lindale Harry J $245,000
Previous Owner Lindale Harry J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $345,000 0.0% $164 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $345,000 0.0% $164 / Sq Ft
08/07/2020 08/07/20 Off Market $345,000 -- --
08/06/2020 08/06/20 For Sale $345,000 0.0% $164 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $345,000 -- $164 / 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 $4,202 $100,400 $18,700 $81,700
2023 $3,570 $100,400 $18,700 $81,700
2022 $3,596 $100,400 $18,700 $81,700
2021 $3,552 $100,400 $18,700 $81,700
2020 $3,511 $100,400 $18,700 $81,700
2019 $3,252 $100,400 $18,700 $81,700
2018 $3,129 $100,400 $18,700 $81,700
2017 $2,738 $100,400 $18,700 $81,700
2016 $2,738 $100,400 $18,700 $81,700
2015 $2,663 $100,400 $18,700 $81,700
2014 $2,657 $100,400 $18,700 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Maurrell English

    Seller's Agent in 2020

    Maurrell English

    English Realty

    (302) 293-6003

    56 Total Sales

    Maurrell English
    Section Image
  • Rick Anibal

    Buyer's Agent in 2020

    Rick Anibal

    RE/MAX

    (302) 547-6700

    118 Total Sales

    Rick Anibal
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC502488

Bright MLS

APN: 14-007.00-051

Delaware New Castle County Townsend 19734

505 Chestnut Ln, Townsend, DE

This home is located at 505 Chestnut Ln, Townsend, DE 19734 since 03 June 2020 and is currently estimated at $545,453, approximately $259 per square foot. This property was built in 1977. 505 Chestnut Ln is a home located in New Castle County with nearby schools including Old State Elementary School, Cantwell's Bridge Middle School, and Odessa High School.

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