NOT LISTED FOR SALE

559 W Lake Dr Smyrna, DE 19977

Estimated Value: $420,000 - $584,000

4 Beds
3 Baths
2,879 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $203,500 $71 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,742/month

Highlights

  • Water Oriented
  • No HOA
  • Living Room
  • Cape Cod Architecture
  • Back, Front, and Side Yard
  • Laundry Room

About This Home

As of July 2018

New roof Lots of space in this beautiful home that over looks the lake como.

Last Agent to Sell the Property

Linda Webb-Jenkins

(302) 632-2945 lindawebbjenkins@gmail.com Keller Williams Realty Central-Delaware Listed on: 03/19/2018

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Larry Thompson

(302) 856-4000 larrythompsonsells@gmail.com R&R Commerical Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1969

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 77x195
  • Back, Front, and Side Yard
  • Property is in below average condition
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof

Interior Spaces

  • 2,879 Sq Ft Home
  • Property has 1.5 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cottage Dale Acres Subdivision

Listing and Financial Details

  • Tax Lot 5500-000
  • Assessor Parcel Number DC-17-01905-02-5500-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1969
  • Remarks Public: New roof Lots of space in this beautiful home that over looks the lake como.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2879
  • Living Area Sq Ft: 2879
  • Net Sq Ft: 2879.00
  • Price Per Sq Ft: 78.12
  • Above Grade Finished Sq Ft: 2879
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 559

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Roof: Pitched
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: SMYRNA
  • School District Key: 300200396884

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.31
  • Lot Dimensions: 77X195
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15056.00
  • Property Condition: Below Average
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2423865
  • Tax Annual Amount: 1938.00
  • Assessor Parcel Number: DC-17-01905-02-5500-000
  • Tax Lot: 5500-000
  • Tax Year: 2017
  • Close Date: 07/20/2018

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
Thompson Larry W and Thompson Erin E
Bought by
Thompson Larry W and Thompson Erin E
Current Estimated Value
$493,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,405
Outstanding Balance
$212,565
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$280,986

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jun 11, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thompson Larry W and Thompson Erin E
Seller's Agent
Linda Webb-Jenkins
Keller Williams Realty Central-Delaware
Buyer's Agent
Larry Thompson
R&R Commerical Realty
List Price
$269,900
Sold Price
$203,500
Premium/Discount to List
-$66,400
-24.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$236,999
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2018
Sold by
Moffitt Rose M
Bought by
Specialized Loan Servicing Llc and Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 26, 2006
Sold by
Moffitt Rose S
Bought by
Moffitt Rose M
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Larry W -- None Available
Thompson Larry W $203,500 None Available
Specialized Loan Servicing Llc $364,825 None Available
Moffitt Rose M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Larry W $240,405
Previous Owner Thompson Larry W $236,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $203,500 -9.5% $71 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $224,900 -10.0% $78 / Sq Ft
04/17/2018 04/17/18 Price Changed $249,900 -7.4% $87 / Sq Ft
03/19/2018 03/19/18 For Sale $269,900 -- $94 / 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
2025 $1,503 $356,200 $83,200 $273,000
2024 $1,503 $356,200 $83,200 $273,000
2023 $1,993 $75,000 $17,600 $57,400
2022 $1,900 $75,000 $17,600 $57,400
2021 $1,862 $75,000 $17,600 $57,400
2020 $1,627 $75,000 $17,600 $57,400
2019 $1,643 $75,000 $17,600 $57,400
2018 $1,644 $75,000 $17,600 $57,400
2017 $1,238 $75,000 $0 $0
2016 $1,162 $75,000 $0 $0
2015 $1,169 $75,000 $0 $0
2014 $1,060 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000286036

Bright MLS

APN: 1-17-01905-02-5500-000