NOT LISTED FOR SALE

506 W Lake Dr Smyrna, DE 19977

Estimated Value: $407,000 - $431,000

3 Beds
2.5 Baths
1,842 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $385,000 $209 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,347/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Breakfast Room
  • Main Floor Bedroom
  • No HOA
  • Family Room Off Kitchen

About This Home

As of February 2023

This lovely ranch home has a stone front and is beautifully landscaped. When you enter the foyer the sunken living room is to your left with a large window that offers plenty of natural light. To your right is a formal dining room that leads to the breakfast area and kitchen. The utility closet, pantry and 1/2 bath are in this area and a door to the back yard.
The family room has a beautiful brick fireplace and doors to the screened porch. Down the hall are 2 bedrooms, a full bath, cedar closet and the primary bedroom. The primary bath has a tub shower combo and a bidet!! There is a door leading to the screened porch also.
The full basement is huge and has an outside entrance. A 2 car garage has plenty of storage area. The generator in the garage stays.
The screened porch is a place to enjoy relaxing and listening to the birds as you drink your morning coffee or have a glass of wine in the evening. The back yard is lovely and peaceful.
Located in a great neighborhood and walking distance to schools, restaurants, churches, shopping and the lake. It's available NOW!!!
The appliances all remain and are older. They are sold in AS IS CONDITION

Last Agent to Sell the Property

Edna Givens

Burns & Ellis Realtors License #RS-0010084 Listed on: 01/23/2023

Last Buyer's Agent

Andrea Harrington

Compass License #RA-0020228

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1990

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100.00 x 140.00
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,842 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cottage Dale Acres Subdivision

Listing and Financial Details

  • Tax Lot 3900-000
  • Assessor Parcel Number DC-17-01905-01-3900-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,826

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: This lovely ranch home has a stone front and is beautifully landscaped. When you enter the foyer the sunken living room is to your left with a large window that offers plenty of natural light. To your right is a formal dining room that leads to the breakfast area and kitchen. The utility closet, pantry and 1/2 bath are in this area and a door to the back yard. The family room has a beautiful brick fireplace and doors to the screened porch. Down the hall are 2 bedrooms, a full bath, cedar closet and the primary bedroom. The primary bath has a tub shower combo and a bidet!! There is a door leading to the screened porch also. The full basement is huge and has an outside entrance. A 2 car garage has plenty of storage area. The generator in the garage stays. The screened porch is a place to enjoy relaxing and listening to the birds as you drink your morning coffee or have a glass of wine in the evening. The back yard is lovely and peaceful. Located in a great neighborhood and walking distance to schools, restaurants, churches, shopping and the lake. It's available NOW!!! The appliances all remain and are older. They are sold in AS IS CONDITION
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Cedar Closet(s), Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Table Space, Pantry, Primary Bath(s), Window Treatments
  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1842
  • Living Area Sq Ft: 1842
  • Price Per Sq Ft: 209.01
  • Above Grade Finished Sq Ft: 1842
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: SMYRNA
  • School District Key: 300200396884
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Rear
  • Improvement Assessed Value: 51400.00
  • Land Assessed Value: 10900.00
  • Lot Size Acres: 0.32
  • Lot Dimensions: 100.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2423774
  • School Tax: 1391.00
  • Tax Annual Amount: 1826.00
  • Assessor Parcel Number: DC-17-01905-01-3900-000
  • Tax Lot: 3900-000
  • Tax Total Finished Sq Ft: 1842
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/13/2023

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 13, 2023
Sold by
Kenley Cheryl Ann
Bought by
Mulvena Christine A and Mulvena Paul F
Seller's Agent
Edna Givens
Burns & Ellis Realtors
Buyer's Agent
Andrea Harrington
Compass
List Price
$385,000
Sold Price
$385,000
Views
77
Current Estimated Value
$414,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,723
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Apr 15, 2021
Sold by
Hutchins Robert W
Bought by
Hutchins Robert W

Purchase Details

Closed on
Jun 1, 1999
Bought by
Hutchins Robert W and Pereira John A
Source: Public Records

Range of Values:

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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
Mulvena Christine A $385,000 --
Hutchins Robert W -- None Available
Hutchins Robert W $158,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $385,000 0.0% $209 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $385,000 -- $209 / 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 $1,048 $366,800 $72,700 $294,100
2023 $1,655 $62,300 $10,900 $51,400
2022 $1,078 $62,300 $10,900 $51,400
2021 $1,147 $62,300 $10,900 $51,400
2020 $952 $62,300 $10,900 $51,400
2019 $965 $62,300 $10,900 $51,400
2018 $965 $62,300 $10,900 $51,400
2017 $961 $62,300 $0 $0
2016 $880 $62,300 $0 $0
2015 $886 $62,300 $0 $0
2014 $796 $62,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edna Givens

    Seller's Agent in 2023

    Edna Givens

    Burns & Ellis Realtors

    (302) 670-0449

    18 in this area

    84 Total Sales

    Edna Givens
    Section Image
  • Andrea Harrington

    Buyer's Agent in 2023

    Andrea Harrington

    Compass

    (302) 383-8360

    49 in this area

    706 Total Sales

    Andrea Harrington
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT2015660

Bright MLS

APN: 1-17-01905-01-3900-000

Delaware Kent County Smyrna 19977

506 W Lake Dr, Smyrna, DE

This home is located at 506 W Lake Dr, Smyrna, DE 19977 since 23 January 2023 and is currently estimated at $414,723, approximately $225 per square foot. This property was built in 1990. 506 W Lake Dr is a home located in Kent County with nearby schools including Smyrna Elementary School, John Bassett Moore Intermediate School, and Smyrna Middle School.

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