NOT LISTED FOR SALE

514 Frank Orchards Ln New Castle, DE 19720

Estimated Value: $521,000 - $543,000

4 Beds
2.5 Baths
2,700 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $410,000 $152 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,245/month

Highlights

  • 0.4 Acre Lot
  • Corner Lot
  • Front Yard
  • Colonial Architecture
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

48 HOUR NOTICE PRIOR TO ANY SHOWINGS! NO REQUEST FOR EXCEPTIONS PLEASE:)
Bayview Manor! This single-family home sits nicely on a corner lot. A four bedroom 2 1/2 bath with a two car garage, family room, sunroom, open and spacious kitchen with 42 inch cabinets, wall oven and cooking Island. The main bedroom is spacious and has a full bath with garden tub, standalone shower, and double sinks. This home has been tenant occupied for 11 years and current pictures show the home as vacant prior to move in and may not reflect the currently lived in condition. A current lease agreement is in place until January 31st at $2,100 per month.

Last Agent to Sell the Property

Melinda Proctor

(302) 420-9526 mapline@comcast.net RE/MAX Associates-Hockessin License #R3-012322 Listed on: 09/27/2021

RE/MAX Associates-Hockessin

Last Buyer's Agent

Celeste Smith

(302) 275-1214 celestesmith.realtor@gmail.com Madison Real Estate Inc. DBA MRE Residential Inc. License #RA-0020643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 2003

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Front Yard
  • Property is zoned NC21

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Bayview Manor Subdivision

Listing and Financial Details

  • Tax Lot 325
  • Assessor Parcel Number 10-041.10-325

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,205

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Refrigerator and curtains belong to tenant. No refrigerator.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-08
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: 48 HOUR NOTICE PRIOR TO ANY SHOWINGS! NO REQUEST FOR EXCEPTIONS PLEASE:) Bayview Manor! This single-family home sits nicely on a corner lot. A four bedroom 2 1/2 bath with a two car garage, family room, sunroom, open and spacious kitchen with 42 inch cabinets, wall oven and cooking Island. The main bedroom is spacious and has a full bath with garden tub, standalone shower, and double sinks. This home has been tenant occupied for 11 years and current pictures show the home as vacant prior to move in and may not reflect the currently lived in condition. A current lease agreement is in place until January 31st at $2,100 per month.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Unfinished
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 148.11
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

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
  • 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: 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

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 12600.00
  • Lot Features: Corner, Front Yard
  • Lot Size Acres: 0.40
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Year Assessed: 2021
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2326960
  • School Tax: 2368.00
  • Tax Annual Amount: 3205.00
  • Assessor Parcel Number: 10-041.10-325
  • Tax Lot: 325
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/04/2022

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Feb 4, 2022
Sold by
Srinivas Gaddam
Bought by
Reynolds Whitney
Seller's Agent
Melinda Proctor
RE/MAX Associates-Hockessin
Buyer's Agent
Celeste Smith
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$528,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,657
Avg. Annual Appreciation
7.11%
Original Mortgage
$397,700
Outstanding Balance
$369,339
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$159,318

Purchase Details

Closed on
Dec 29, 2003
Sold by
Nvr Inc
Bought by
Gaddam Srinivas and Mokkapati Sailaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,650
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bayview I Llc
Bought by
Nvr Inc

Purchase Details

Closed on
Apr 18, 2002
Sold by
Beyer Malcolm K
Bought by
Bayview I Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reynolds Whitney $410,000 Kirsh Title Services Inc
Gaddam Srinivas $147,930 --
Nvr Inc $40,000 --
Bayview I Llc $2,108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Whitney $397,700
Previous Owner Gaddam Srinivas $236,650
Closed Gaddam Srinivas $44,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $410,000 0.0% $152 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/02/2021 10/02/21 Off Market $410,000 -- --
09/27/2021 09/27/21 For Sale $399,900 0.0% $148 / Sq Ft
01/26/2018 01/26/18 Rented $2,100 0.0% --
01/04/2018 01/04/18 Under Contract -- -- --
10/25/2017 10/25/17 For Rent $2,100 -- --
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 $3,509 $101,100 $12,600 $88,500
2023 $3,196 $101,100 $12,600 $88,500
2022 $3,324 $101,100 $12,600 $88,500
2021 $3,321 $101,100 $12,600 $88,500
2020 $3,333 $101,100 $12,600 $88,500
2019 $3,546 $101,100 $12,600 $88,500
2018 $390 $101,100 $12,600 $88,500
2017 $2,737 $101,100 $12,600 $88,500
2016 $2,737 $101,100 $12,600 $88,500
2015 $2,741 $101,100 $12,600 $88,500
2014 $2,745 $101,100 $12,600 $88,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2007946

Bright MLS

APN: 10-041.10-325