NOT LISTED FOR SALE

618 Commerce St Townsend, DE 19734

Estimated Value: $202,000 - $483,551

5 Beds
2 Baths
3,125 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $160,800 $51 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,063/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Living Room
  • Townsend Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of October 2022

Large two story home ready to be brought back to its glory. At one time this home was the Bank of Townsend. The five bedroom home offers a ton of living space throughout. The main level features: enclosed porch, foyer, living & dining rooms, bedroom, full bath, family room, eat-in kitchen, laundry room, and back staircase. The upper level features four well scaled bedrooms, full bath, and walk up attic. This is an excellent opportunity for an owner occupant or investor.

Last Agent to Sell the Property

Robert Miller

Luke Real Estate License #RB-0020438 Listed on: 08/03/2022

Last Buyer's Agent

Clarence Johnson

English Realty License #0025936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1880

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 106.00 x 150.20
  • Property is zoned 25R2

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,125 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Townsend Station Subdivision

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 25-003.00-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Large two story home ready to be brought back to its glory. At one time this home was the Bank of Townsend. The five bedroom home offers a ton of living space throughout. The main level features: enclosed porch, foyer, living & dining rooms, bedroom, full bath, family room, eat-in kitchen, laundry room, and back staircase. The upper level features four well scaled bedrooms, full bath, and walk up attic. This is an excellent opportunity for an owner occupant or investor.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3125
  • Living Area Sq Ft: 3125
  • Price Per Sq Ft: 43.17
  • Above Grade Finished Sq Ft: 3125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 618

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37300.00
  • Land Assessed Value: 5200.00
  • Lot Size Acres: 0.34
  • Lot Dimensions: 106.00 x 150.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Year Assessed: 2022
  • Zoning: 25R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2389625
  • School Tax: 1152.00
  • Tax Annual Amount: 1410.00
  • Assessor Parcel Number: 25-003.00-026
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 3125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/04/2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2025
Sold by
J D Luxe Real Estate & Design Llc
Bought by
Jnj Holdings Llc
Current Estimated Value
$354,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$312,545
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$42,093

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 29, 2022
Sold by
Bank Of America Na
Bought by
Jd Luxe Real Estate & Design Llc
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Clarence Johnson
English Realty
List Price
$134,900
Sold Price
$160,800
Premium/Discount to List
$25,900
19.2%
Views
162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%
Original Mortgage
$275,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2021
Sold by
Secretary Of Housing And Urban Developme
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 29, 2021
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 8, 2019
Sold by
Apostolico Maria A and Johnson Mark D
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 25, 2011
Sold by
Ashmore Gregory and Ashmore Kimberly
Bought by
Johnson Mark D and Apostolico Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2005
Sold by
Murray Robert Charles
Bought by
Ashmore Gregory and Ashmore Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac
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
Jnj Holdings Llc $260,000 None Listed On Document
Jd Luxe Real Estate & Design Llc $160,900 --
Bank Of America Na -- None Listed On Document
Secretary Of Housing & Urban Development -- None Available
Bank Of America Na $144,300 None Available
Johnson Mark D $155,000 None Available
Ashmore Gregory $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jnj Holdings Llc $340,000
Previous Owner Jd Luxe Real Estate & Design Llc $275,000
Previous Owner Johnson Mark D $151,070
Previous Owner Apostolico Maria A $7,569
Previous Owner Ashmore Gregory $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $160,800 +19.2% $51 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $134,900 -- $43 / 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
2024 $1,575 $42,500 $5,200 $37,300
2023 $1,306 $42,500 $5,200 $37,300
2022 $1,316 $42,500 $5,200 $37,300
2021 $1,300 $42,500 $5,200 $37,300
2020 $1,284 $42,500 $5,200 $37,300
2019 $1,640 $42,500 $5,200 $37,300
2018 $149 $42,500 $5,200 $37,300
2017 $1,015 $42,500 $5,200 $37,300
2016 $1,015 $42,500 $5,200 $37,300
2015 $983 $42,500 $5,200 $37,300
2014 $981 $42,500 $5,200 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2029104

Bright MLS

APN: 25-003.00-026