NOT LISTED FOR SALE

7 Summit Cir Seaford, DE 19973

Estimated Value: $292,967

0.27 Acre
$1,085,063 Price per Acre
11,761 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $33,000

Est. 788% increase in value since last sale

Current estimated payment $1,698/month

12 Days on Market

About This Lot

As of December 2021

Located on a cul-de-sac in the 55+ community of Little Meadows. Well-lit streets along with the convenience of being close to shopping, medical facilities & within walking distance of the marina. Property has been surveyed (Lot 98) and is ready to build on with no builder tie-ins. Natural Gas, Public water & sewer hook-up available.

Last Agent to Sell the Property

Terry Lozada

Coldwell Banker Realty License #RS-0025179 Listed on: 08/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Jones

Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $915

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned TN

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • $100 Capital Contribution Fee
  • Little Meadows HOA

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 132-01.12-111.00

Property Details

Property Type

Land

Est. Annual Taxes

$915

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential, Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 2.81
  • Street Number Modifier: 7

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • HOA Name: LITTLE MEADOWS
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 100.00

Schools

  • School District: SEAFORD
  • School District Key: 300200396896
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Cul-De-Sac, Cleared
  • Lot Size Acres: 0.27
  • Lot Dimensions: See Survey
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11762.00
  • Year Assessed: 2021
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 67.00
  • Tax Annual Amount: 73.00
  • Assessor Parcel Number: 132-01.12-111.00
  • Tax Lot: 98
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: SEAFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Dec 16, 2021
Sold by
Standon Rex T and Standon Rita M
Bought by
Ligotti Dominick
Seller's Agent
Terry Lozada
Coldwell Banker Realty
Buyer's Agent
Jennifer Jones
Compass
List Price
$33,000
Sold Price
$33,000
Current Estimated Value
$292,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,967
Avg. Annual Appreciation
80.20%
Original Mortgage
$229,110
Outstanding Balance
$217,517
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$62,318

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 8, 2020
Sold by
Little Meadows Inc
Bought by
Standon Rex T and Standon Rita M
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Darrin Simpson
Myers Realty
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.28%

Purchase Details

Listed on
Oct 25, 2010
Closed on
Aug 31, 2015
Sold by
Little Meadows Inc
Bought by
North State Street Properties Llc
Seller's Agent
Trey Hardesty
RE/MAX Advantage Realty
Buyer's Agent
Trey Hardesty
RE/MAX Advantage Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.39%
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
Ligotti Dominick $33,000 None Available
Standon Rex T $50,000 None Available
North State Street Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ligotti Dominick $229,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $33,000 0.0% --
09/04/2021 09/04/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $33,000 +32.0% --
12/11/2020 12/11/20 Sold $25,000 -28.6% --
10/01/2020 10/01/20 Pending -- -- --
08/23/2018 08/23/18 For Sale $35,000 +16.7% --
08/31/2015 08/31/15 Sold $30,000 0.0% --
02/27/2015 02/27/15 Pending -- -- --
10/25/2010 10/25/10 For Sale $30,000 -- --
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 $915 $1,500 $1,500 $0
2023 $915 $1,500 $1,500 $0
2022 $73 $1,500 $1,500 $0
2021 $147 $1,500 $1,500 $0
2020 $80 $1,500 $1,500 $0
2019 $70 $1,500 $1,500 $0
2018 $68 $1,500 $0 $0
2017 $64 $1,500 $0 $0
2016 $62 $1,500 $0 $0
2015 $62 $1,500 $0 $0
2014 $59 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2004982

Bright MLS

APN: 132-01.12-111.00