NOT LISTED FOR SALE

5372 Mahan Corner Rd Marydel, DE 19964

Estimated Value: $139,000 - $319,000

3 Beds
1 Bath
920 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $146,000 $159 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,418/month

11 Days on Market

Highlights

  • Bonus Room
  • Bungalow
  • Forced Air Heating System
  • No HOA

About This Home

As of October 2023

Welcome to country living! Adorable 3 bedroom bungalow on 2 acres in the country with so much potential. This hidden gem is perfect for a buyer with a vision to restore its beauty. In addition to the 3 bedrooms, there is 1 bonus room on the second level. Home is being sold as-is, proof of funds must accompany offers.

Last Agent to Sell the Property

Lydia Ragonese

Compass Listed on: 09/21/2023

Compass

Last Buyer's Agent

Justin Weeks

Bryan Realty Group License #rs0025741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1940

Lot Details

  • 2 Acre Lot
  • Property is in below average condition
  • Property is zoned AR

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1.5 Levels
  • Bonus Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Location

  • Flood Risk

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9 00 09000 01 3000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: 4108
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Bonus Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Price Per Sq Ft: 172.83
  • Above Grade Finished Sq Ft: 920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5372

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

  • School District: CAPITAL
  • School District Key: 300200396888
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 530.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 613.00
  • Assessor Parcel Number: 9 00 09000 01 3000 000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/27/2023

Multi Family

  • Federal Flood Zone: D

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 24, 2023
Sold by
Cole Mildred and Cole Gary
Bought by
Vadakin Timothy J and Vadakin Angela M
Seller's Agent
Lydia Ragonese
Compass
Buyer's Agent
Justin Weeks
Bryan Realty Group
List Price
$159,000
Sold Price
$146,000
Premium/Discount to List
-$13,000
-8.18%
Total Days on Market
11
Views
75
Current Estimated Value
$244,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,846
Avg. Annual Appreciation
38.43%
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
Vadakin Timothy J $146,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolenter Frasnk $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $146,000 -8.2% $159 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $159,000 -- $173 / 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 $1,418 $246,800 $87,700 $159,100
2023 $613 $20,500 $9,200 $11,300
2022 $593 $20,500 $9,200 $11,300
2021 $571 $20,500 $9,200 $11,300
2020 $3 $20,500 $9,200 $11,300
2019 $3 $20,500 $9,200 $11,300
2018 $3 $20,500 $9,200 $11,300
2017 $3 $20,500 $0 $0
2016 $3 $20,500 $0 $0
2015 $3 $20,500 $0 $0
2014 $3 $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lydia Ragonese

    Seller's Agent in 2023

    Lydia Ragonese

    Compass

    (302) 222-9526

    73 Total Sales

    Lydia Ragonese
    Section Image
  • Justin Weeks

    Buyer's Agent in 2023

    Justin Weeks

    Bryan Realty Group

    (302) 450-2933

    55 Total Sales

    Justin Weeks
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT2022858

Bright MLS

APN: 9-00-09000-01-3000-000

Delaware Kent County Marydel 19964

5372 Mahan Corner Rd, Marydel, DE

This home is located at 5372 Mahan Corner Rd, Marydel, DE 19964 since 21 September 2023 and is currently estimated at $244,846, approximately $266 per square foot. This property was built in 1940. 5372 Mahan Corner Rd is a home located in Kent County with nearby schools including Hartly Elementary School, William Henry Middle School, and Central Middle School.

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