NOT LISTED FOR SALE

595 Black Swamp Rd Felton, DE 19943

Estimated Value: $484,000 - $1,954,000

5 Beds
3 Baths
1,410 Sq Ft
$980/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $1,700,000 $1,206 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $7,769/month

110 Days on Market

Highlights

  • Horse Facilities
  • Riding Ring
  • 83.4 Acre Lot
  • Lake Forest North Elementary School Rated 9+
  • Second Kitchen
  • Pasture Views

About This Home

As of April 2022

This farm is the training center for the Delaware State University Equestrian Training Facility. One of a kind training center, with a 5/8th USTA certified training track. Centrally located to all Mid Atlantic tracks for convenient training. Indoor 32' equine pool with easy access ramp to enter/ exit for your horse and covered 6 horse hot walker ring. 2 Sand Arenas, 100x300 ft and 150x100ft. Over 10 outbuildings , 33 one acre paddocks, 22 40x80 paddocks,33,000 of fencing , over 10run in sheds throughout the property, wash station and offices in the barns. Property has 3 separate entrances. It has 3 septic's , 3 wells and a 4 acre pond . This property has a main farmhouse, with 2 bedrooms upstairs, country kitchen and separate dinning space. Also have a living room presently being used as a lower bedroom for owner now. Second home on property has 3br 2bath. Also a open floor plan, with separate area for dining. Large deck out front over looking a pasture. Great for a rental or for the care taker of the farm. Most of all the stalls are presently rented. The property could have a in door arena built. There is a lease in place for some barns and stalls.

Last Agent to Sell the Property

Debbie Buckingham

EXIT Realty At The Beach License #rb0031066 Listed on: 10/07/2021

EXIT Realty At The Beach

Last Buyer's Agent

Gavin Harrington

Century 21 Harrington Realty, Inc License #rs0037281

Century 21 Harrington Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,098

Year Built

  • Built in 1900

Lot Details

  • 83.4 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Property is zoned AC

Home Design

  • Rambler Architecture
  • Farmhouse Style Home
  • Aluminum Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet
  • Pasture Views
  • Crawl Space

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Pole Barn
  • Shed
  • Storage Shed
  • Tenant House

Farming

  • Hay Barn

Horse Facilities and Amenities

  • Run-In Shed
  • Riding Ring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 0900-000
  • Assessor Parcel Number MN-00-14700-01-0900-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,098

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This farm is the training center for the Delaware State University Equestrian Training Facility. One of a kind training center, with a 5/8th USTA certified training track. Centrally located to all Mid Atlantic tracks for convenient training. Indoor 32' equine pool with easy access ramp to enter/ exit for your horse and covered 6 horse hot walker ring. 2 Sand Arenas, 100x300 ft and 150x100ft. Over 10 outbuildings , 33 one acre paddocks, 22 40x80 paddocks,33,000 of fencing , over 10run in sheds throughout the property, wash station and offices in the barns. Property has 3 separate entrances. It has 3 septic's , 3 wells and a 4 acre pond . This property has a main farmhouse, with 2 bedrooms upstairs, country kitchen and separate dinning space. Also have a living room presently being used as a lower bedroom for owner now. Second home on property has 3br 2bath. Also a open floor plan, with separate area for dining. Large deck out front over looking a pasture. Great for a rental or for the care taker of the farm. Most of all the stalls are presently rented. The property could have a in door arena built. There is a lease in place for some barns and stalls.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Range Hood, Refrigerator, Stove
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Country
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1410
  • Living Area Sq Ft: 1410
  • Price Per Sq Ft: 1205.67
  • Above Grade Finished Sq Ft: 1410
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 595

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Barn/Farm Building, Barn/Stable, Hay Barn, Horse Stable, Pole Barn, Riding Ring, Run-in Shed, Shed Shop, Storage Barn/Shed, Tenant House
  • Construction Materials: Aluminum Siding
  • View: Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 83.40
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3632904.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2453785
  • School Tax: 5908.00
  • Tax Annual Amount: 7098.00
  • Assessor Parcel Number: MN-00-14700-01-0900-000
  • Tax Lot: 0900-000
  • Tax Total Finished Sq Ft: 1410
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/22/2022

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Mullins Timothy J and Mullins Deborah A
Bought by
Dtk Horse Farm Llc
Current Estimated Value
$1,363,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,520
Outstanding Balance
$724,412
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$657,528
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
Dtk Horse Farm Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dtk Horse Farm Llc $739,520
Previous Owner Linly Acres Llc $1,760,000
Previous Owner Linly Acres Llc $1,870,000
Previous Owner Linly Acres Llc $50,000
Previous Owner Linly Acres Llc $510,000
Previous Owner Linly Acres Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,700,000 0.0% $1,206 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,700,000 -- $1,206 / 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 $4,742 $1,759,000 $157,500 $1,601,500
2024 $4,742 $1,219,200 $90,000 $1,129,200
2023 $8,805 $358,500 $8,400 $350,100
2022 $7,902 $358,500 $8,400 $350,100
2021 $7,433 $357,300 $8,400 $348,900
2020 $7,746 $357,300 $8,400 $348,900
2019 $7,755 $357,300 $8,400 $348,900
2018 $7,552 $373,000 $8,400 $364,600
2017 $11,342 $355,800 $0 $0
2016 $8,019 $355,800 $0 $0
2015 $12,992 $355,800 $0 $0
2014 $6,921 $355,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2000089

Bright MLS

APN: 6-00-14700-01-0900-000