NOT LISTED FOR SALE

703 Somerset Ln Middletown, DE 19709

Estimated Value: $441,000 - $483,268

3 Beds
3 Baths
2,225 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $375,000 $169 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,847/month

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Vaulted Ceiling
  • Active Adult
  • Clubhouse
  • Rambler Architecture

About This Home

As of February 2022

This lovely 3 bedroom home has plenty of space for socializing and serenity. The primary bedroom has a large walk in closet and a bathroom with a double sink, double seat shower and a linen closet. It also has access to the enclosed back porch. The other bedroom on the main floor is next to a full bathroom with a tub. The living room and dining room both have French doors and could also each serve as an office or a large hobby room. The Florida room next to the breakfast room is a relaxing and spacious upgrade to this model. The kitchen has beautiful 42 inch cabinets installed at a comfortable level. There is plenty of counter space, a breakfast bar and wonderful pull out drawers in the lower cabinets throughout. There is a double sink with a recently replaced disposal. Upstairs you will find a loft style bedroom with it's own full bathroom. There is a walk up attic area accessible from the garage for extra storage needs. The installed Rain Bird irrigation system was never used. The upgraded blinds are included with the sale. Appliances convey as-is.

Last Agent to Sell the Property

Angela Ferguson

(302) 373-7220 buyahomewithangela@gmail.com RE/MAX Associates-Hockessin License #RS-0021927 Listed on: 12/12/2021

RE/MAX Associates-Hockessin

Last Buyer's Agent

Deborah Phipps

(302) 737-6434 debsphipps@gmail.com Empower Real Estate, LLC License #RS-0010031

Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System
  • Property is zoned 23R-2

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Blown-In Insulation
  • Pitched Roof
  • Shingle Roof
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • CPVC or PVC Pipes

Interior Spaces

  • 2,225 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • Lowered Light Switches
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 23-001.00-121

Community Details

Overview

  • Active Adult
  • $1,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, health club, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), snow removal
  • Active Adult | Residents must be 55 or older
  • Springmill Community Association, Phone Number (302) 376-5466
  • Springmill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Accessible Switches/Outlets, Level Entry - Main, Low Pile Carpeting
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-12-12
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Recessed Lighting, Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Walk-In Closet(s), Wood Floors, Bar, Family Room Off Kitchen, Stall Shower, Tub Shower
  • Wall Ceiling Types: Dry Wall, High, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 1
  • Basement: No
  • Total Sq Ft: 2225
  • Living Area Sq Ft: 2225
  • Price Per Sq Ft: 168.54
  • Above Grade Finished Sq Ft: 2225
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding, Blown-In Insulation, Copper Plumbing, Cpvc/Pvc
  • Exterior Features: Underground Lawn Sprinkler, Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Covered Parking, Garage Door Opener, Additional Storage Area, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Pool - Outdoor, Swimming Pool, Exercise Room, Club House, Fitness Center, Retirement Community
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Health Club, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Snow Removal
  • HOA Name: SPRINGMILL COMMUNITY ASSOCIATION
  • HOA Phone: 302-376-5466
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 71900.00
  • Land Assessed Value: 10400.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s), Enclosed, Porch(es)
  • Zoning: 23R-2
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2381273
  • School Tax: 2230.00
  • Tax Annual Amount: 2722.00
  • Assessor Parcel Number: 23-001.00-121
  • Tax Lot: 121
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
William Noss
Bought by
Revocable Trust
Current Estimated Value
$464,630

Purchase Details

Listed on
Dec 12, 2021
Closed on
Feb 28, 2022
Sold by
Dana Anderson
Bought by
Noss William and Noss Menasha
Seller's Agent
Angela Ferguson
RE/MAX Associates-Hockessin
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Springmill Homes Associates Lp
Bought by
Anderson Richard A and Anderson Helena B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Summit Venture Llc
Bought by
Springmill Homes Associates Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocable Trust -- Longo & Associates Llp
Noss William $36,000 Longo & Associates Llp
Anderson Richard A $260,973 --
Springmill Homes Associates Lp $571,823 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Richard A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $375,000 0.0% $169 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/12/2021 12/12/21 For Sale $375,000 -- $169 / 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 $3,032 $82,300 $10,400 $71,900
2023 $2,535 $82,300 $10,400 $71,900
2022 $2,531 $82,300 $10,400 $71,900
2021 $2,475 $82,300 $10,400 $71,900
2020 $2,046 $82,300 $10,400 $71,900
2019 $2,113 $82,300 $10,400 $71,900
2018 $1,769 $82,300 $10,400 $71,900
2017 $247 $82,300 $10,400 $71,900
2016 $1,623 $82,300 $10,400 $71,900
2015 $1,561 $82,300 $10,400 $71,900
2014 $1,557 $82,300 $10,400 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2010696

Bright MLS

APN: 23-001.00-121