NOT LISTED FOR SALE

520 Lake Dr Middletown, DE 19709

Estimated Value: $461,000 - $531,000

3 Beds
2.5 Baths
2,387 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $426,000 $178 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,964/month

4 Days on Market

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • Pond View
  • Bunker Hill Elementary School Rated A-
  • Fishing Allowed
  • Deck

About This Home

As of July 2021

Welcome to Meadowbrook South located in the award-winning Appo School District – a serene family neighborhood featuring beautiful sprawling yards and no neighborhood deed restrictions! This charming home is situated on 1.4 acres and comes complete with your own pond right in the backyard with private access - picture fishing from the banks, launching your skiff or building your own pier! Bring your s’mores and get ready to roast some marshmallows in this idyllic backyard, which offers enough shade and open space for family picnics, nights around a fire pit or a fun game of fetch with your dog! Remodeled to perfection, this 2,390 sq ft home features a cozy fireplace, all new carpeting, fresh paint throughout, all new bathrooms (2 full and 1 half,) a 2-car oversized turn garage and beautiful views from every room, including the split-rail fenced in backyard overlooking the pond. This turnkey home will be on the market Friday June 11th. All this 3-bedroom home with 2 full baths, a powder room, partially finished full basement – think Bonus Room – is waiting for, is YOU! Conveniently located just minutes from shops, restaurants and the plentiful amenities offered on the West side of Middletown! It's also an easy commute North or South if you travel to work.

Last Agent to Sell the Property

Melissa Scott

(855) 450-0442 debroker@therealbrokerage.com Real Broker LLC License #RS0026086 Listed on: 06/10/2021

Last Buyer's Agent

Michael McCullough

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1987 | Remodeled in 2021

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 150.00 x 399.20
  • Home fronts navigable water
  • Rural Setting
  • Split Rail Fence
  • Private Lot
  • The community has rules related to exclusive easements
  • Property is zoned NC40

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Den
  • Pond Views
  • Partially Finished Basement
  • Laundry in Basement
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Extra Refrigerator or Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Sail
  • Property is near a pond
  • Pond
  • Deck
  • Shed

Schools

  • Bunker Hill Elementary School
  • Appoquinimink High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 13-012.10-043

Community Details

Overview

  • No Home Owners Association
  • Meadowbrook Farms S Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,651

Year Built

Built in 1987 | Remodeled in 2021

Lot Details

1.39 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All appliances. Fireplace equipment. Garage shelving.
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2021-06-11
  • Federal Flood Zone: No
  • Year Built: 1987
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Oven - Single, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 4
  • Room List: Living Room, Kitchen, Family Room, Den
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2387
  • Living Area Sq Ft: 2387
  • Price Per Sq Ft: 227.40
  • Above Grade Finished Sq Ft: 1825
  • Below Grade Finished Sq Ft: 562
  • Total Below Grade Sq Ft: 562
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Sail
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BUNKER HILL
  • High School: APPOQUINIMINK

Lot Info

  • Additional Parcels: No
  • Fencing: Split Rail
  • Lot Features: Pond, Private, Rural
  • Lot Size Acres: 1.39
  • Lot Dimensions: 150.00 x 399.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60548.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2025.00
  • Tax Annual Amount: 2651.00
  • Assessor Parcel Number: 13-012.10-043
  • Tax Lot: 043
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Exclusive Easement

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 27, 2021
Sold by
Mannering Leon F and Estate Of Leon F Mannering
Bought by
Motley Jonathan E
Seller's Agent
Melissa Scott
Real Broker LLC
Buyer's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
List Price
$415,000
Sold Price
$426,000
Premium/Discount to List
$11,000
2.65%
Current Estimated Value
$505,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,277
Avg. Annual Appreciation
3.74%
Original Mortgage
$404,700
Outstanding Balance
$367,998
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,279

Purchase Details

Closed on
Jan 31, 2005
Sold by
Lodge Arthur E and Lodge Judith L
Bought by
Mannering Leon F and Mannering Barbara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Motley Jonathan E $426,000 None Listed On Document
Mannering Leon F $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motley Jonathan E $404,700
Previous Owner Mannering Leon F $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $426,000 +2.7% $178 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $415,000 -- $174 / Sq Ft
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
2024 $3,670 $87,700 $15,600 $72,100
2023 $3,119 $87,700 $15,600 $72,100
2022 $2,715 $75,800 $15,600 $60,200
2021 $50 $75,800 $15,600 $60,200
2020 $50 $75,800 $15,600 $60,200
2019 $0 $75,800 $15,600 $60,200
2018 $0 $75,800 $15,600 $60,200
2017 -- $75,800 $15,600 $60,200
2016 -- $75,800 $15,600 $60,200
2015 -- $75,800 $15,600 $60,200
2014 -- $75,800 $15,600 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC527724

Bright MLS

APN: 13-012.10-043

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