Seller's Agent in 2024
Kelly Reilly
Patterson Schwartz
(302) 290-7910
2 in this area
57 Total Sales
540 Sorrell Cir Smyrna, DE 19977
Estimated Value: $361,000 - $383,000
2
Beds
2
Baths
1,646
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Active Adult
- Sun or Florida Room
- Den
- Contemporary Architecture
- Community Pool
- 2 Car Attached Garage
About This Home
As of February 2024UPDATE!! A $5K FLOORING CREDIT GIVEN WITH A FULL PRICE OFFER!!! Welcome to popular Spring Meadow to enjoy tranquil senior living at its best. This contemporary detached home is ready and waiting for its new owner! The large main bedroom has a walk in closet and bath attached with a a second bedroom for guests. A sunroom for enjoying your morning coffee or to take in the beauty of the yard. Don't forget to check out the office in a private area off the kitchen. This home also includes a two-car garage. The main floor living is perfect to get around and enjoy every space available. The amenities at Spring Meadow include the club house that has a gathering room, a dining room and space for celebrations. Feel free to use the fitness room, landscaped walking trails, pool or join in on other table games available. There is always something happening. The HOA fees include use of the clubhouse as well as lawn care and snow removal.
Last Agent to Sell the Property
(302) 290-7910 kreilly@psre.com Patterson-Schwartz-Newark License #RS-0024562 Listed on: 10/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,020
Year Built
- Built in 2013
Lot Details
- 6,970 Sq Ft Lot
- Property is zoned RM
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
- Off-Site Parking
Home Design
- Contemporary Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,646 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Den
- Sun or Florida Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number DC-00-03702-02-3900-000
Community Details
Overview
- Active Adult
- Association fees include lawn maintenance, pool(s)
- Active Adult | Residents must be 55 or older
- Spring Meadow Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2023
Closed on
Feb 16, 2024
Sold by
Mclain Michael W
Bought by
Ward Margaret
Seller's Agent
Kelly Reilly
Patterson-Schwartz-Newark
Buyer's Agent
Marc Pollak
Empower Real Estate, LLC
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Views
206
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,821
Avg. Annual Appreciation
3.54%
Original Mortgage
$230,000
Outstanding Balance
$225,973
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$144,848
Purchase Details
Listed on
Mar 8, 2018
Closed on
May 15, 2018
Sold by
Williams Ernest S and Williams Gwendolyn
Bought by
Mclain Ronald A and Mclain Beverly B
Seller's Agent
Martin Orlando
Bryan Realty Group
Buyer's Agent
Charles Graef
RE/MAX Associates-Hockessin
List Price
$270,000
Sold Price
$261,500
Premium/Discount to List
-$8,500
-3.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 1, 2013
Closed on
Dec 19, 2013
Sold by
Wilkinson Meadow Lp
Bought by
Williams Ernest S and Williams Gwendolyn
Seller's Agent
Bayard Williams
House of Real Estate
Buyer's Agent
Donald Durbin
Long & Foster Real Estate, Inc.
List Price
$249,970
Sold Price
$249,970
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$249,970
Interest Rate
4.15%
Mortgage Type
VA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ward Margaret | $350,000 | None Listed On Document | |
| Mclain Ronald A | $261,500 | None Available | |
| Williams Ernest S | $249,970 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ward Margaret | $230,000 | |
| Previous Owner | Mclain Ronald A | $100,000 | |
| Previous Owner | Williams Ernest S | $249,970 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $350,000 | -2.8% | $213 / Sq Ft | |
| 01/23/2024 01/23/24 | Pending | -- | -- | -- | |
| 11/10/2023 11/10/23 | Price Changed | $360,000 | -2.7% | $219 / Sq Ft | |
| 10/02/2023 10/02/23 | For Sale | $370,000 | +41.5% | $225 / Sq Ft | |
| 05/15/2018 05/15/18 | Sold | $261,500 | -3.1% | $159 / Sq Ft | View Prior Sale |
| 04/08/2018 04/08/18 | Pending | -- | -- | -- | |
| 03/08/2018 03/08/18 | For Sale | $270,000 | +8.0% | $164 / Sq Ft | |
| 12/19/2013 12/19/13 | Sold | $249,970 | 0.0% | -- | View Prior Sale |
| 11/19/2013 11/19/13 | Pending | -- | -- | -- | |
| 07/01/2013 07/01/13 | For Sale | $249,970 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,020 | $344,400 | $78,500 | $265,900 |
| 2024 | $1,020 | $344,400 | $78,500 | $265,900 |
| 2023 | $1,020 | $39,800 | $4,300 | $35,500 |
| 2022 | $974 | $39,800 | $4,300 | $35,500 |
| 2021 | $958 | $39,800 | $4,300 | $35,500 |
| 2020 | $877 | $39,800 | $4,300 | $35,500 |
| 2019 | $880 | $39,800 | $4,300 | $35,500 |
| 2018 | $1,225 | $39,800 | $4,300 | $35,500 |
| 2017 | $1,224 | $39,800 | $0 | $0 |
| 2016 | $1,176 | $39,800 | $0 | $0 |
| 2015 | -- | $39,800 | $0 | $0 |
| 2014 | -- | $39,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Reilly
-
Marc Pollak
Buyer's Agent in 2024
Marc Pollak
Empower Real Estate, LLC
(302) 464-8880
4 in this area
190 Total Sales
-
Bob Gerkin
B
Buyer Co-Listing Agent in 2024
Bob Gerkin
KW Empower
(302) 561-5060
1 in this area
21 Total Sales
-
Martin Orlando
Seller's Agent in 2018
Martin Orlando
Bryan Realty Group
(302) 222-6352
31 in this area
100 Total Sales
-
Andrew Bryan
Seller Co-Listing Agent in 2018
Andrew Bryan
Bryan Realty Group
(302) 242-4328
15 in this area
234 Total Sales
-
Charles Graef
Buyer's Agent in 2018
Charles Graef
RE/MAX
(302) 239-7924
4 in this area
63 Total Sales
Map
Source: Bright MLS
MLS Number: DEKT2023068
APN: 1-00-03702-02-3900-000
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