NOT LISTED FOR SALE

642 Commerce St Townsend, DE 19734

Estimated Value: $335,000 - $414,756

3 Beds
2.5 Baths
1,500 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $399,899 $267 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,178/month

94 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • 1 Car Attached Garage
  • Townsend Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of March 2024

Rare offering of a single-family, detached NEW CONSTRUCTION home in the highly coveted Appoquinimink School District. This stunning 3 bedroom, 2.5 bath colonial is situated on an oversized lot, providing ample space for outdoor activities and future expansion. With its open floorplan, spacious rooms, and high-end finishes, this home is an absolute gem.
Step inside and be greeted by the modern kitchen featuring sleek white shaker cabinets that perfectly complement the granite countertops and stainless steel appliances. The culinary enthusiast in you will be delighted by the abundance of storage, ample counter space, and the opportunity to entertain guests effortlessly.
As the final touches are being added, including the installation of stunning granite tops, this home is just days away from being 100% complete. The attention to detail and quality craftsmanship is evident throughout, ensuring that this property will surpass all expectations.
This property qualifies for special financing through the USDA, allowing eligible individuals to enjoy the opportunity of owning a brand-new home at an affordable price. With interest rates as low as 4.5%, acquiring this dream home is within reach. Take advantage of this incredible opportunity and visit the USDA website to determine if you qualify.
Located within the highly sought-after Appoquinimink School District, this home offers exceptional educational opportunities for growing families. Its prime location further grants easy access to acclaimed schools, shopping centers, dining options, and recreational facilities.
Don't miss out on the chance to be the proud owner of a newly constructed home in this desirable area. With its attractive price point, spacious layout, and modern finishes, this property is sure to impress. Schedule a showing today and secure your slice of paradise in the Appoquinimink School District.

Last Agent to Sell the Property

KC DiAmbrosio

(302) 388-9802 kdiambrosio@gmail.com Patterson-Schwartz-Hockessin Listed on: 11/17/2023

Patterson-Schwartz-Hockessin

Last Buyer's Agent

ANA VASQUEZ

(302) 588-5244 anamvasquez@comcast.net RE/MAX 1st Choice - Middletown License #RS-0015208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.37 Acre Lot

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Townsend Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2504400002

Home Details

Home Type

Single Family

Est. Annual Taxes

$178

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 266.60
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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 Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 178.00
  • Assessor Parcel Number: 2504400002
  • Tax Year: 2023

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 27, 2024
Sold by
Drpd Llc
Bought by
Perez Brayan De La Cruz
Seller's Agent
KC DiAmbrosio
Patterson-Schwartz-Hockessin
Buyer's Agent
ANA VASQUEZ
RE/MAX 1st Choice - Middletown
List Price
$399,900
Sold Price
$399,899
Premium/Discount to List
-$1
0.0%
Views
365
Current Estimated Value
$381,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,460
Avg. Annual Appreciation
-2.66%
Original Mortgage
$392,655
Outstanding Balance
$386,810
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
-$5,371

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 10, 2023
Sold by
Mannering Leslie
Bought by
Drpd Llc
Seller's Agent
Suzann Ruggerio Arms
Long & Foster Real Estate, Inc.
Buyer's Agent
KC DiAmbrosio
Patterson-Schwartz-Hockessin
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
379.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Brayan De La Cruz -- None Listed On Document
Drpd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Brayan De La Cruz $392,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2024 03/26/24 Sold $399,899 0.0% $267 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $399,899 0.0% $267 / Sq Ft
11/17/2023 11/17/23 For Sale $399,900 +566.5% $267 / Sq Ft
01/10/2023 01/10/23 Sold $60,000 -14.3% $50 / Sq Ft View Prior Sale
12/19/2022 12/19/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $70,000 -- $58 / 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 $2,075 $56,000 $5,300 $50,700
2023 $164 $5,300 $5,300 $0
2022 $164 $5,300 $5,300 $0
2021 $56 $21,900 $5,300 $16,600
2020 $56 $21,900 $5,300 $16,600
2019 $56 $21,900 $5,300 $16,600
2018 $50 $21,900 $5,300 $16,600
2017 -- $21,900 $5,300 $16,600
2016 -- $21,900 $5,300 $16,600
2015 -- $21,900 $5,300 $16,600
2014 -- $21,900 $5,300 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052860

Bright MLS

APN: 25-004.00-002