NOT LISTED FOR SALE

616 W Commerce St Smyrna, DE 19977

Estimated Value: $142,000 - $292,000

2 Beds
1 Bath
528 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $100,000 $189 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,286/month

19 Days on Market

Highlights

  • No HOA
  • Cottage
  • Electric Baseboard Heater

About This Home

As of June 2021

With some paint, new flooring and kitchen cabinets it could be the perfect home for the first time home buyer or investor. This home is being sold "as is" and Seller will not be making any repairs.

Last Agent to Sell the Property

Karen Migala

(302) 272-1817 migalagrouphomes@gmail.com The Parker Group License #RS0024194 Listed on: 04/14/2021

Co-Listed By

Rich Migala

(302) 270-7068 richardmigala@kw.com The Parker Group License #RS-0025474

Last Buyer's Agent

Heather McKinney

(302) 922-7066 heather@delawarerealestate.com RE/MAX Horizons License #RS-0036533

RE/MAX Horizons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Year Built

  • Built in 1989

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 70.00 x 120.00
  • Property is zoned RM

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • 528 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9100-000
  • Assessor Parcel Number DC-00-01808-01-9100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 528
  • Living Area Sq Ft: 528
  • Price Per Sq Ft: 208.33
  • Above Grade Finished Sq Ft: 528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 616

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • 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
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 70.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Year Assessed: 2020
  • Zoning: RM
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 331.00
  • Tax Annual Amount: 390.00
  • Assessor Parcel Number: DC-00-01808-01-9100-000
  • Tax Lot: 9100-000
  • Tax Total Finished Sq Ft: 528
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 4, 2021
Sold by
Jewell Ginny
Bought by
Munsell Jennifer Marie and Munsell Aaron Michae
Seller's Agent
Karen Migala
The Parker Group
Buyer's Agent
Heather McKinney
RE/MAX Horizons
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$229,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,853
Avg. Annual Appreciation
21.25%
Original Mortgage
$97,000
Outstanding Balance
$87,821
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$142,032

Purchase Details

Closed on
Mar 5, 2021
Sold by
Estate Of Melvin R Archer Sr
Bought by
Jewell Ginny

Purchase Details

Closed on
Jul 10, 2007
Sold by
Archer Melvin R
Bought by
Archer Melvin R and Archer Melinda Marie
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
Munsell Jennifer Marie $100,000 None Available
Jewell Ginny $12,500 None Available
Archer Melvin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munsell Jennifer Marie $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $100,000 0.0% $189 / Sq Ft
05/04/2021 05/04/21 Off Market $100,000 -- --
05/03/2021 05/03/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $110,000 -12.0% $208 / Sq Ft
04/14/2021 04/14/21 For Sale $125,000 -- $237 / 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 $817 $193,600 $93,700 $99,900
2024 $817 $193,600 $93,700 $99,900
2023 $470 $17,700 $4,800 $12,900
2022 $454 $17,700 $4,800 $12,900
2021 $445 $17,700 $4,800 $12,900
2020 $787 $17,700 $4,800 $12,900
2019 $687 $17,700 $4,800 $12,900
2018 $394 $17,700 $4,800 $12,900
2017 $392 $17,700 $0 $0
2016 $398 $17,700 $0 $0
2015 $774 $17,700 $0 $0
2014 $374 $17,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Migala

    Seller's Agent in 2021

    Karen Migala

    The Parker Group

    (302) 272-1817

    5 in this area

    41 Total Sales

    Karen Migala
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rich Migala

    The Parker Group

    (302) 270-7068

    3 in this area

    22 Total Sales

    Rich Migala
    Section Image
  • Heather McKinney

    Buyer's Agent in 2021

    Heather McKinney

    RE/MAX

    (302) 922-7066

    4 in this area

    13 Total Sales

    Heather McKinney
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT247952

Bright MLS

APN: 1-00-01808-01-9100-000

Delaware Kent County Smyrna 19977

616 W Commerce St, Smyrna, DE

This home is located at 616 W Commerce St, Smyrna, DE 19977 since 14 April 2021 and is currently estimated at $229,853, approximately $435 per square foot. This property was built in 1989. 616 W Commerce St is a home located in Kent County with nearby schools including Smyrna Elementary School, John Bassett Moore Intermediate School, and Smyrna Middle School.

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