NOT LISTED FOR SALE

705 Somerset Ln Middletown, DE 19709

Estimated Value: $454,000 - $488,000

3 Beds
3 Baths
2,200 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $290,000 $132 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,993/month

14 Days on Market

Highlights

  • Senior Community
  • Wood Flooring
  • 1 Fireplace
  • Rambler Architecture
  • Attic
  • Community Pool

About This Home

As of June 2012

BACK ON THE MARKET! This stunning home must be seen to believe! Don't miss this beautifully appointed, 3 bedroom, 3 bath ranch home situated on a premium lot w/ pond view. The amenities are endless & include: gorgeous kitchen w/ granite countertops, gleaming hardwoods, fresh paint, 42' cabinetry w/ glass doors, tile backsplash, crown molding, recessed lighting, full walk up attic, central vacuum system & much more! The bright & cheery sunroom offers pretty views & leads to the screened back porch. There are 2 bedrooms & 2 full baths on the main level [Note: the 2nd bedroom on the main floor is now staged as an office.] The spacious master boasts tray ceiling, walk-in closet & private bath with double bowl sink, updated faucets, & double shower stall. The 3rd bedroom on the loft level also features a full bath. The finished 2-car garage is heated & vented separately from the home. Great year round activities are offered, as well as the clubhouse/ pool within the community- great for the active adult. Fabulous!

Last Agent to Sell the Property

Rhonda Smith

Patterson-Schwartz-Hockessin License #5012298 Listed on: 05/02/2012

Patterson-Schwartz-Hockessin

Last Buyer's Agent

David O'Donnell

EXP Realty, LLC License #RS-0018424

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 1 Level
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-001.00-120

Community Details

Overview

  • Senior Community
  • Association fees include pool(s), unknown fee
  • $1,000 Other One-Time Fees
  • Built by MCKEE
  • Springmill Subdivision, Dunbar Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 2004

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Window Treatments, Dishwasher, Washer & Dryer [As Is], Tv In Kitchen
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Remarks Public: BACK ON THE MARKET! This stunning home must be seen to believe! Don't miss this beautifully appointed, 3 bedroom, 3 bath ranch home situated on a premium lot w/ pond view. The amenities are endless & include: gorgeous kitchen w/ granite countertops, gleaming hardwoods, fresh paint, 42' cabinetry w/ glass doors, tile backsplash, crown molding, recessed lighting, full walk up attic, central vacuum system & much more! The bright & cheery sunroom offers pretty views & leads to the screened back porch. There are 2 bedrooms & 2 full baths on the main level [Note: the 2nd bedroom on the main floor is now staged as an office.] The spacious master boasts tray ceiling, walk-in closet & private bath with double bowl sink, updated faucets, & double shower stall. The 3rd bedroom on the loft level also features a full bath. The finished 2-car garage is heated & vented separately from the home. Great year round activities are offered, as well as the clubhouse/ pool within the community- great for the active adult. Fabulous!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Central Vacuum, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Net Sq Ft: 2200.00
  • Price Per Sq Ft: 136.32
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Pool, Tennis, Club
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Unknown Fee
  • HOA: Yes
  • Senior Community: Yes

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: R2

Building Info

  • Builder Name: MCKEE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2381272
  • Tax Annual Amount: 1811.00
  • Assessor Parcel Number: 23-001.00-120
  • Tax Year: 2011
  • Close Date: 06/28/2012

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 28, 2012
Sold by
Schaeffer James and Schaeffer Eleanor
Bought by
Fry Gary B and Fry Linda S
Seller's Agent
Rhonda Smith
Patterson-Schwartz-Hockessin
Buyer's Agent
David O'Donnell
EXP Realty, LLC
List Price
$305,000
Sold Price
$290,000
Premium/Discount to List
-$15,000
-4.92%
Current Estimated Value
$469,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,943
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Inman Wesley D and Inman Fayette M
Bought by
Schaeffer James and Schaeffer Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Springmill Homes Associates Lp
Bought by
Inman Wesley D and Inman Fayette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Summit Venture Llc
Bought by
Springmill Homes Associates Lp
Source: Public Records

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Range of Values:

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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
Fry Gary B $290,000 None Available
Schaeffer James $315,000 None Available
Inman Wesley D $277,972 --
Springmill Homes Associates Lp $654,697 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fry Gary B $125,000
Previous Owner Schaeffer James $65,000
Previous Owner Inman Wesley D $90,700
Previous Owner Inman Wesley D $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $290,000 -3.3% $132 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
05/15/2012 05/15/12 Price Changed $299,900 -1.7% $136 / Sq Ft
05/02/2012 05/02/12 For Sale $305,000 -- $139 / 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 $2,587 $83,800 $10,700 $73,100
2023 $251 $83,800 $10,700 $73,100
2022 $2,077 $83,800 $10,700 $73,100
2021 $2,120 $83,800 $10,700 $73,100
2020 $2,090 $83,800 $10,700 $73,100
2019 $2,159 $83,800 $10,700 $73,100
2018 $1,809 $83,800 $10,700 $73,100
2017 $1,726 $83,800 $10,700 $73,100
2016 $1,910 $83,800 $10,700 $73,100
2015 $2,099 $83,800 $10,700 $73,100
2014 $2,079 $83,200 $10,700 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Smith

    Seller's Agent in 2012

    Rhonda Smith

    Patterson Schwartz

    (302) 559-4151

    6 in this area

    67 Total Sales

    Rhonda Smith
    Section Image
  • David O'Donnell

    Buyer's Agent in 2012

    David O'Donnell

    EXP Realty, LLC

    (302) 598-0189

    5 in this area

    62 Total Sales

    David O'Donnell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003948236

Bright MLS

APN: 23-001.00-120

Delaware New Castle County Middletown 19709

705 Somerset Ln, Middletown, DE

This home is located at 705 Somerset Ln, Middletown, DE 19709 since 02 May 2012 and is currently estimated at $469,943, approximately $213 per square foot. This property was built in 2004. 705 Somerset Ln is a home located in New Castle County with nearby schools including Bunker Hill Elementary School, Everett Meredith Middle School, and Appoquinimink High School.

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