NOT LISTED FOR SALE

505 Oak Ln Dover, DE 19901

Estimated Value: $257,000 - $408,000

3 Beds
1.5 Baths
1,312 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $177,800 $136 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,048/month

Highlights

  • 74 Feet of Waterfront
  • Rambler Architecture
  • Attic
  • Water Oriented
  • Wood Flooring
  • No HOA

About This Home

As of August 2018

R-10406 Back on the market, purchasers financing fell through. Don't delay this opportunity to own a waterfront home in the heart of Dover for dry land prices! Situated on Silver Lake, this three bedroom home is the place to say is home. Sit in the screened porch overlooking your personal boat dock on the lake. The home is functional and includes a full, partially finished basement with additional half bath. With some updates and TLC, this could be an oasis. Centrally located to all major amenities. Interior freshly painted.

Last Agent to Sell the Property

Lynn Baker

(302) 632-3001 lynnbaker@remax.net Bryan Realty Group Listed on: 04/09/2018

Last Buyer's Agent

Lynn Baker

(302) 632-3001 lynnbaker@remax.net Bryan Realty Group Listed on: 04/09/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 108x186
  • 74 Feet of Waterfront
  • East Facing Home
  • Property is in good condition
  • Property is zoned R8

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

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

Interior Spaces

  • 1,312 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range

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
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8200-000
  • Assessor Parcel Number ED-05-06813-01-8200-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1957

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: 1957
  • Remarks Public: R-10406 Back on the market, purchasers financing fell through. Don't delay this opportunity to own a waterfront home in the heart of Dover for dry land prices! Situated on Silver Lake, this three bedroom home is the place to say is home. Sit in the screened porch overlooking your personal boat dock on the lake. The home is functional and includes a full, partially finished basement with additional half bath. With some updates and TLC, this could be an oasis. Centrally located to all major amenities. Interior freshly painted.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1312
  • Living Area Sq Ft: 1312
  • Net Sq Ft: 1312.00
  • Price Per Sq Ft: 159.98
  • Above Grade Finished Sq Ft: 1312
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

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, Brick, Shingle Siding
  • Roof: Pitched
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 74

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: 0.37
  • Lot Dimensions: 108X186
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20154.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: R8

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2433267
  • Tax Annual Amount: 1497.00
  • Assessor Parcel Number: ED-05-06813-01-8200-000
  • Tax Lot: 8200-000
  • Tax Year: 2017
  • Close Date: 08/01/2018

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 1, 2018
Sold by
Bradley Brian Allen and Bradley Jon Adrian
Bought by
Ventura Cecilia R and The Ventura Irrevocable Personal Residen
Seller's Agent
Lynn Baker
Bryan Realty Group
Buyer's Agent
Lynn Baker
Bryan Realty Group
List Price
$209,900
Sold Price
$177,800
Premium/Discount to List
-$32,100
-15.29%
Current Estimated Value
$349,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,391
Avg. Annual Appreciation
9.86%
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
Ventura Cecilia R $177,800 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $177,800 -15.3% $136 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $209,900 -- $160 / 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 $2,358 $415,400 $178,500 $236,900
2024 $2,358 $415,400 $178,500 $236,900
2023 $2,231 $75,800 $24,100 $51,700
2022 $2,157 $75,800 $24,100 $51,700
2021 $2,078 $75,800 $24,100 $51,700
2020 $1,194 $45,100 $24,100 $21,000
2019 $1,129 $45,100 $24,100 $21,000
2018 $1,030 $45,100 $24,100 $21,000
2017 $1,013 $45,100 $0 $0
2016 $1,017 $45,100 $0 $0
2015 $1,016 $45,100 $0 $0
2014 $1,019 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000370276

Bright MLS

APN: 2-05-06813-01-8200-000