NOT LISTED FOR SALE

700 Melvin Ct Townsend, DE 19734

Estimated Value: $580,000 - $641,000

5 Beds
4.5 Baths
5,475 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $562,000 $103 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,869/month

106 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Townsend Elementary School Rated A
  • 3 Car Attached Garage

About This Home

As of April 2024

Offer accepted , pending signatures. Price Reduced! Huge five bedroom, 4.5 bath renovated home in Townsend Village II!. This move in ready 4141 square foot home has new paint and carpet throughout. The main level has a formal dining room, large kitchen, first floor bedroom with ensuite bath, family room with fireplace and a living room. The upper level has an enormous primary bedroom with ensuite bath and soaking tub, two additional bedrooms with a jack and jill bath, large family room, upper level laundry room, and an additional bedroom and bath. The basement has a rough in for a bath, as well as walk out stairs to the rear. In addition there is a three car attached garage. Call now to tour!

Last Agent to Sell the Property

Aaron Butler

(410) 620-4359 abutlerrec@gmail.com Real Estate Consultants License #524396 Listed on: 11/06/2023

Last Buyer's Agent

George Manolakos

(302) 529-2690 georgesells@comcast.net Patterson-Schwartz-Brandywine

Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Property is zoned 25R1A

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Rough-In Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Townsend Village Il Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 25-008.00-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,998

Year Built

Built in 2007

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs, Rough Bath Plumb, Rear Entrance, Outside Entrance
  • Total Sq Ft: 5475
  • Living Area Sq Ft: 5475
  • Price Per Sq Ft: 136.42
  • Above Grade Finished Sq Ft: 4141
  • Below Grade Finished Sq Ft: 1334
  • Total Below Grade Sq Ft: 1334
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Zoning: 25R1A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4106.00
  • Tax Annual Amount: 4998.00
  • Assessor Parcel Number: 25-008.00-115
  • Tax Lot: 115
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Apr 1, 2024
Sold by
Lsf9 Master Participation Tr
Bought by
James Ronald and James Robin
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
George Manolakos
Patterson-Schwartz-Brandywine
List Price
$599,900
Sold Price
$562,000
Premium/Discount to List
-$37,900
-6.32%
Views
302
Current Estimated Value
$646,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,230
Avg. Annual Appreciation
4.94%
Original Mortgage
$551,820
Outstanding Balance
$543,575
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$67,306

Purchase Details

Closed on
Jun 6, 2017
Sold by
Muluh Benson
Bought by
Lsf9 Master Participation Trust

Purchase Details

Closed on
Sep 28, 2007
Sold by
The Ryland Group Inc
Bought by
Muluh Benson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
12.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Ms Development Co Llc
Bought by
The Ryland Group Inc

Purchase Details

Closed on
Mar 25, 2005
Sold by
Townsend Properties Two Llc
Bought by
Ms Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
James Ronald $562,000 Etitle Agency
Lsf9 Master Participation Trust $450,000 None Available
Muluh Benson $440,000 None Available
The Ryland Group Inc $2,660,000 Residential Title & Escrow C
Ms Development Co Llc $8,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Ronald $551,820
Previous Owner Muluh Benson $374,000
Previous Owner Ms Development Co Llc $14,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $562,000 -0.5% $103 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $564,900 -1.7% $103 / Sq Ft
01/08/2024 01/08/24 Price Changed $574,900 -1.2% $105 / Sq Ft
12/06/2023 12/06/23 Price Changed $581,900 -3.0% $106 / Sq Ft
11/06/2023 11/06/23 For Sale $599,900 -- $110 / 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 $5,518 $148,900 $12,000 $136,900
2023 $4,617 $148,900 $12,000 $136,900
2022 $4,611 $148,900 $12,000 $136,900
2021 $4,554 $148,900 $12,000 $136,900
2020 $4,499 $148,900 $12,000 $136,900
2019 $4,463 $148,900 $12,000 $136,900
2018 $4,099 $148,900 $12,000 $136,900
2017 $3,940 $148,900 $12,000 $136,900
2016 $3,556 $148,900 $12,000 $136,900
2015 $3,444 $148,900 $12,000 $136,900
2014 $3,436 $148,900 $12,000 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052180

Bright MLS

APN: 25-008.00-115