NOT LISTED FOR SALE

602 Otter Way Frederica, DE 19946

Riverview Neighborhood

Estimated Value: $451,000 - $570,000

4 Beds
4 Baths
3,530 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 602 Otter Way, Frederica, DE 19946 and is currently estimated at $498,453, approximately $141 per square foot. 602 Otter Way is a home located in Kent County with nearby schools including Lake Forest East Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2007
Sold by
Gemcraft Homes Inc
Bought by
Petrie Edward J and Petrie Joanne C
Current Estimated Value
$488,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Barretts Chapel Llc
Bought by
Gemcraft Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Petrie Edward J $12,910 None Available
Gemcraft Homes Inc $267,000 Chesapeake Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Petrie Edward J $250,000
Previous Owner Gemcraft Homes Inc $40,000,000
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 $1,755 $502,800 $109,100 $393,700
2024 $1,718 $502,800 $109,100 $393,700
2023 $2,179 $95,600 $9,400 $86,200
2022 $1,909 $95,600 $9,400 $86,200
2021 $1,890 $95,600 $9,400 $86,200
2020 $1,961 $95,600 $9,400 $86,200
2019 $1,960 $95,600 $9,400 $86,200
2018 $1,953 $96,400 $9,400 $87,000
2017 $2,037 $96,400 $0 $0
2016 $1,701 $96,400 $0 $0
2015 $1,672 $96,400 $0 $0
2014 $1,642 $96,400 $0 $0
Source: Public Records

Map

Delaware Kent County Frederica 19946 Riverview

602 Otter Way, Frederica, DE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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