NOT LISTED FOR SALE

7048 Pearsons Corner Rd Dover, DE 19904

Estimated Value: $322,000 - $367,000

3 Beds
1 Bath
1,880 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $315,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,944/month

72 Days on Market

Highlights

  • Panoramic View
  • Traditional Floor Plan
  • Wood Flooring
  • 1 Acre Lot
  • Rambler Architecture
  • Main Floor Bedroom

About This Home

As of October 2023

This wonderfully maintained ranch home IS LOCATED IN A NEW USDA APPROVED AREA for financing.
This one acre parcel backing to farmland and has so much to offer. To begin with there will be a new well and new gravity septic system installed upon sale of the home. Recent updates include new front door (paint coming soon!), shutters painted 7/23, foyer, living room, dining room and hallway painted a neutral color (7/23), new 200amp electric panel box with new electric power line to the exterior pole, new well & septic (coming soon), new kitchen faucet, new attic fan, roof recently checked for any deficiencies and had flashing repaired for damage caused by a storm (7/23), New stackable washer & dryer unit on main level, there is extensive hardwood flooring, all appliances are included along with the water conditioner. Additionally there is a detached 2 car garage with electric. The main home includes a 23x13 walk up attic area that can be finished into additional living space. The 3rd bedroom was previously used as a main floor laundry room and can be easily converted back. The lower level is partially finished with a den, craft/utility room with cabinets and a sink. Off the utility area is a crawl space finishing off approx. 1/3 of the lower area. There is also a formal living room, large foyer and formal dining room with built-in corner cabinets. The views are beautiful - there are no deed or HOA restrictions (just county code) and yet you are only minutes to Rts. 13 & 1. The home is in move in condition - just unpack and relax.

Last Agent to Sell the Property

Anne Menaquale

(302) 453-3200 annemenaquale@gmail.com RE/MAX Associates - Newark License #4009136 Listed on: 07/17/2023

RE/MAX Associates - Newark

Last Buyer's Agent

Ingram Foster

(302) 734-4414 ifosterbrg@gmail.com Bryan Realty Group License #RS0036412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1952

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Rural Setting
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned AR

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Side Facing Garage

Property Views

  • Panoramic
  • Pasture

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Paneling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Well Permit on File
  • Electric Water Heater
  • Water Conditioner is Owned
  • Approved Septic System
  • On Site Septic
  • Perc Approved Septic
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Cheswold Subdivision

Listing and Financial Details

  • Tax Lot 1400-000
  • Assessor Parcel Number KH-00-05601-01-1400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1952

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All appliances included as, water softener system
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1952
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Exhaust Fan, Microwave, Oven/Range - Gas, Range Hood, Dryer, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Fully Carpeted, Vinyl, Wood
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Stall Shower, Water Treat System, Window Treatments, Wood Floors, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls, Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Bedroom 1, Utility Room, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Interior Access, Partial, Partially Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1880
  • Living Area Sq Ft: 1880
  • Price Per Sq Ft: 159.57
  • Above Grade Finished Sq Ft: 1880
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pasture, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Perc Approved Septic, Approved System, Septic Permit Issued
  • Water Source: Well, Well Permit On File

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Front Yard, Level, Open, Rear Yard, Road Frontage, Rural, Sideyard(s)
  • Lot Size Acres: 1.00
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Very Good
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 835.00
  • Tax Annual Amount: 944.00
  • Assessor Parcel Number: KH-00-05601-01-1400-000
  • Tax Lot: 1400-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Oct 30, 2023
Sold by
Nesslage Kelly L and Sales Joe C
Bought by
Hiddemen John Paul and Hiddemen Diana
Seller's Agent
Anne Menaquale
RE/MAX Associates - Newark
Buyer's Agent
Ingram Foster
Bryan Realty Group
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Views
385
Current Estimated Value
$349,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,942
Avg. Annual Appreciation
4.50%
Original Mortgage
$309,294
Outstanding Balance
$303,570
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$46,372

Purchase Details

Closed on
Apr 10, 2014
Sold by
Sales Joe C and Nesslage Kelly Lynn
Bought by
Sales Ina G
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hiddemen John Paul $315,000 None Listed On Document
Sales Ina G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiddemen John Paul $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $315,000 +5.0% $168 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $300,000 -3.2% $160 / Sq Ft
09/05/2023 09/05/23 Price Changed $310,000 -3.1% $165 / Sq Ft
08/30/2023 08/30/23 Price Changed $320,000 -1.5% $170 / Sq Ft
07/17/2023 07/17/23 For Sale $324,900 -- $173 / Sq Ft
Source: Bright MLS

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
2025 $1,488 $251,000 $90,000 $161,000
2024 $1,458 $251,000 $90,000 $161,000
2023 $1,921 $32,800 $8,800 $24,000
2022 $944 $32,800 $8,800 $24,000
2021 $216 $32,800 $8,800 $24,000
2020 $209 $32,800 $8,800 $24,000
2019 $832 $32,800 $8,800 $24,000
2018 $181 $32,800 $8,800 $24,000
2017 $178 $32,800 $0 $0
2016 $178 $32,800 $0 $0
2015 $178 $32,800 $0 $0
2014 $179 $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2021308

Bright MLS

APN: 3-00-05601-01-1400-000

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