NOT LISTED FOR SALE

5865 Summit Bridge Rd Townsend, DE 19734

Estimated Value: $477,000 - $658,000

2 Acres
$274,250 Price per Acre
87,120 Sq Ft Lot

Last Sold May 04, 2016

Last sale price $74,000

Est. 641% increase in value since last sale

Current estimated payment $3,072/month

Highlights

  • 2 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Townsend Elementary School Rated A

About This Lot

As of May 2016

Great location to build your dream home! Easily accessible lot with scattered pine trees. The site has been previously approved for a shallow trench gravity septic system. More info is available from the county office. Copies of reports available but buyer assumes all responsability for determining if information is current and accurate.

Last Agent to Sell the Property

William Burgess

(302) 753-0097 burgess4homes@msn.com Compass License #RA-0003255 Listed on: 08/10/2011

Compass

Last Buyer's Agent

Terra King

(302) 650-6678 terra_j_king@msn.com RE/MAX 1st Choice - Middletown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $212

Lot Details

  • 2 Acre Lot
  • Property is zoned NC2A

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Approved Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 14-012.00-186

Property Details

Property Type

Land

Est. Annual Taxes

$212

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Great location to build your dream home! Easily accessible lot with scattered pine trees. The site has been previously approved for a shallow trench gravity septic system. More info is available from the county office. Copies of reports available but buyer assumes all responsability for determining if information is current and accurate.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.98
  • Street Number Modifier: 5865

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, No Sewer System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Lot Size Acres: 2.00
  • Lot Dimensions: 100X912, LotWidth:100 X LotDepth:912
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: NC2A

Rental Info

  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2361974
  • Tax Annual Amount: 212.00
  • Assessor Parcel Number: 14-012.00-186
  • Tax Lot: 186
  • Tax Year: 2015
  • Close Date: 05/04/2016

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2011
Closed on
May 9, 2016
Sold by
Sherlock Walter L and Sherlock Ann B
Bought by
Johnson Bruce Alan
Seller's Agent
William Burgess
Compass
Buyer's Agent
Terra King
RE/MAX 1st Choice - Middletown
List Price
$99,000
Sold Price
$74,000
Premium/Discount to List
-$25,000
-25.25%
Current Estimated Value
$548,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,499
Avg. Annual Appreciation
23.75%
Original Mortgage
$74,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2007
Sold by
Foley Donald and Robinson David
Bought by
Lehman Ann S and Sherlock Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2006
Sold by
Tindall Hyland L
Bought by
Foley Donald and Robinson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Johnson Bruce Alan -- Attorney
Lehman Ann S $120,000 None Available
Foley Donald $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Bruce Alan $74,000
Previous Owner Lehman Ann S $108,000
Previous Owner Foley Donald $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2016 05/04/16 Sold $74,000 -25.3% --
01/09/2016 01/09/16 Pending -- -- --
08/10/2011 08/10/11 For Sale $99,000 -- --
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 $2,099 $94,100 $11,000 $83,100
2023 $1,708 $94,100 $11,000 $83,100
2022 $3,370 $94,100 $11,000 $83,100
2021 $3,329 $94,100 $11,000 $83,100
2020 $3,291 $94,100 $11,000 $83,100
2019 $3,048 $94,100 $11,000 $83,100
2018 $2,933 $94,100 $11,000 $83,100
2017 $588 $19,700 $11,000 $8,700
2016 $218 $8,000 $8,000 $0
2015 $212 $8,000 $8,000 $0
2014 $212 $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004485984

Bright MLS

APN: 14-012.00-186