NOT LISTED FOR SALE

Estimated Value: $521,892 - $560,000

9.97 Acres
$54,257 Price per Acre
434,293 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $450,000

Est. 20% increase in value since last sale

Current estimated payment $3,409/month

Highlights

  • Indoor Arena
  • View of Trees or Woods
  • Barn or Farm Building
  • Lorewood Grove Elementary School Rated A
  • 9.97 Acre Lot
  • Pond

About This Lot

As of April 2020

Beautiful 10+/- acres of land with a 13,440 square foot indoor riding arena, fenced pastures, pond, upgraded electric & well are in place. This property backs to many acres of State Wildlife Refuge and is a perfect location to build your dream equestrian estate. There are several options available to any potential Buyers. Seller is willing to lease apartment above workshop while buyers build their dream home. This property can also be combined & purchased together with the stunning 4 bedroom, 4.1 bathroom adjoining home on 11 acres tax parcel # 1301800141 (646 Vance Neck Rd. Middletown, De 19709) totaling 21+/- stunning acres all backing to State Wildlife refuge, home includes an inground swinning pool, detached garages, workshop, 6 stall barn, fenced pastures, seperate apartment above workshop, riding trails in the parklike wooded area of the property. This is truly a one of a kind property in the Middletown area with endless opportunites. Call to schedule an appointmet to tour this splendid property.

Last Agent to Sell the Property

John Marino

(302) 540-5799 jmarino@psre.com Patterson-Schwartz-Dover License #R3-0018286 Listed on: 11/01/2019

Patterson-Schwartz-Dover

Last Buyer's Agent

Anthony Harris

(302) 293-0710 Tonyharrishomes@gmail.com Coldwell Banker Realty License #RS349034

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,129

Lot Details

  • 9.97 Acre Lot
  • Split Rail Fence
  • Cleared Lot
  • Backs to Trees or Woods
  • Zoning described as S-UDC Suburban

Property Views

  • Pond
  • Woods
  • Pasture

Farming

  • Barn or Farm Building

Horse Facilities and Amenities

  • Indoor Arena
  • Riding Ring

Utilities

  • Above Ground Utilities
  • 200+ Amp Service
  • Well
  • No Septic System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1301800142

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$3,129

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Livestock, Recreation, Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Beautiful 10+/- acres of land with a 13,440 square foot indoor riding arena, fenced pastures, pond, upgraded electric & well are in place. This property backs to many acres of State Wildlife Refuge and is a perfect location to build your dream equestrian estate. There are several options available to any potential Buyers. Seller is willing to lease apartment above workshop while buyers build their dream home. This property can also be combined & purchased together with the stunning 4 bedroom, 4.1 bathroom adjoining home on 11 acres tax parcel # 1301800141 (646 Vance Neck Rd. Middletown, De 19709) totaling 21+/- stunning acres all backing to State Wildlife refuge, home includes an inground swinning pool, detached garages, workshop, 6 stall barn, fenced pastures, seperate apartment above workshop, riding trails in the parklike wooded area of the property. This is truly a one of a kind property in the Middletown area with endless opportunites. Call to schedule an appointmet to tour this splendid property.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 1.04
  • Street Number Modifier: 640

Exterior Features

  • Other Structures List: Barn/Farm Building, Indoor Arena, Riding Ring
  • View: Pasture, Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Sewer/Septic System: No Septic System
  • Utilities: Above Ground, Electric Available, Water Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Split Rail
  • Improvement Assessed Value: 96600.00
  • Land Lease: No
  • Lot Features: Backs To Trees, Cleared, Not In Development, Pond, Road Frontage
  • Lot Size Acres: 9.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 434293.00
  • Possible Use: Livestock, Recreational, Residential
  • Year Assessed: 2019
  • Zoning: S
  • Zoning Description: S-UDC Suburban
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2359287
  • Tax Annual Amount: 3129.00
  • Assessor Parcel Number: 1301800142
  • Tax Lot: 1
  • Tax Year: 2019
  • Close Date: 04/30/2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Apr 30, 2020
Sold by
Hinckley Christina R and Hinckley Elizabet A
Bought by
New Direction Bible Fellowship Inc
Seller's Agent
John Marino
Patterson-Schwartz-Dover
Buyer's Agent
Anthony Harris
Coldwell Banker Realty
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Current Estimated Value
$540,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,946
Avg. Annual Appreciation
2.42%
Original Mortgage
$250,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 15, 2014
Closed on
Nov 26, 2014
Sold by
Eisenbrey John R and Eisenbrey Susan K
Bought by
Hinckley Christian R and Hinckley Elizabeth A
Seller's Agent
A. John Price
Patterson-Schwartz Real Estate
Buyer's Agent
Junie Seward
RE/MAX Associates - Newark
List Price
$1,299,000
Sold Price
$275,000
Premium/Discount to List
-$1,024,000
-78.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$275,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2013
Sold by
Rettig Richard M and Rettig Virginia E
Bought by
Eisenbrey John R and Eisenbrey Susan K
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
New Direction Bible Fellowship Inc -- None Available
Hinckley Christian R $275,000 None Available
Eisenbrey John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Direction Bible Fellowship Inc $250,000
Previous Owner Hinckley Christian R $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $450,000 0.0% --
02/28/2020 02/28/20 Off Market $450,000 -- --
02/19/2020 02/19/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $450,000 -9.1% --
11/01/2019 11/01/19 For Sale $495,000 +80.0% --
11/26/2014 11/26/14 Sold $275,000 -78.8% --
10/27/2014 10/27/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $1,299,000 -- --
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 -- $126,500 $29,900 $96,600
2023 -- $126,500 $29,900 $96,600
2022 $0 $126,500 $29,900 $96,600
2021 $4,424 $126,500 $29,900 $96,600
2020 $4,424 $126,500 $29,900 $96,600
2019 $3,129 $126,500 $29,900 $96,600
2018 $3,011 $126,500 $29,900 $96,600
2017 $3,450 $126,500 $29,900 $96,600
2016 $3,450 $126,500 $29,900 $96,600
2015 $3,355 $126,500 $29,900 $96,600
2014 $3,348 $126,500 $29,900 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC490214

Bright MLS

APN: 13-018.00-142