$80,000
SOLD OCT 13, 2017

522 New St Middletown, DE 19709

3 Beds
1 Bath
1,375 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

16 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Porch
  • Silver Lake Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2018

This Bi-level is owned by Fannie Mae. The house is sold in AS IS condition. 3 Bedroom, 1 Bath, full basement. Because this is a HECM property, the house must sell for the listing price or higher. Offers require 100% of FHA appraisal's As-Is value/current list price. No offers will be accepted during the first three days the property is listed in MLS. No waiting period for Investor offers. Easy to show. Schedule online and show today.

Last Agent to Sell the Property

Richard Marcus

Partners Realty LLC License #RB-0002005 Listed on: 08/15/2017

Last Buyer's Agent

John Carpenter

RE/MAX Affiliates License #RS335369

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100x87
  • Corner Lot
  • Back, Front, and Side Yard

Parking

  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 23-004.00-013

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1977
  • Remarks Public: This Bi-level is owned by Fannie Mae. The house is sold in AS IS condition. 3 Bedroom, 1 Bath, full basement. Because this is a HECM property, the house must sell for the listing price or higher. Offers require 100% of FHA appraisal's As-Is value/current list price. No offers will be accepted during the first three days the property is listed in MLS. No waiting period for Investor offers. Easy to show. Schedule online and show today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 58.18
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 522

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Improvement Assessed Value: 41400.00
  • Land Assessed Value: 6700.00
  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.20
  • Lot Dimensions: 100X87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2381701
  • Tax Annual Amount: 1241.00
  • Assessor Parcel Number: 23-004.00-013
  • Tax Lot: 013
  • Tax Year: 2016
  • Close Date: 10/13/2017

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 20, 2018
Sold by
Rrr Group Inc
Bought by
Brooks Ronald
Seller's Agent
John Carpenter
RE/MAX Affiliates
Buyer's Agent
Colette Ilodigwe
Tesla Realty Group, LLC
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$310,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,633
Avg. Annual Appreciation
4.50%
Original Mortgage
$201,919
Outstanding Balance
$176,622
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$98,961

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 28, 2017
Sold by
Fannie Mae
Bought by
Rrr Group Inc
Seller's Agent
Richard Marcus
Partners Realty LLC
Buyer's Agent
John Carpenter
RE/MAX Affiliates
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
481.90%

Purchase Details

Closed on
Feb 24, 2017
Sold by
Nation Star Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 5, 1994
Bought by
Walker Helen I
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $199,900 None Available
Deed $80,000 None Available
Sheriffs Deed $98,704 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,919 New Conventional
Previous Owner $231,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $199,900 0.0% $121 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $199,900 +149.9% $121 / Sq Ft
10/13/2017 10/13/17 Sold $80,000 0.0% $58 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $80,000 -- $58 / 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 $1,772 $48,100 $6,700 $41,400
2023 $144 $48,100 $6,700 $41,400
2022 $1,479 $48,100 $6,700 $41,400
2021 $1,446 $48,100 $6,700 $41,400
2020 $1,429 $48,100 $6,700 $41,400
2019 $1,469 $48,100 $6,700 $41,400
2018 $1,268 $48,100 $6,700 $41,400
2017 $1,220 $48,100 $6,700 $41,400
2016 $1,096 $48,100 $6,700 $41,400
2015 $1,198 $48,100 $6,700 $41,400
2014 $1,192 $48,100 $6,700 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000447305

Bright MLS

APN: 23-004.00-013