NOT LISTED FOR SALE

720 Port Penn Rd Middletown, DE 19709

Estimated Value: $288,000 - $717,000

3 Acres
$186,055 Price per Acre
130,680 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $150,000

Est. 272% increase in value since last sale

Current estimated payment $3,282/month

About This Lot

As of January 2021

Visit this home virtually: http://www.vht.com/434104900/IDXS - 3 acres of land with perc approved LPP septic system. Can be purchased separate, with 732 Port Penn Rd which is 3 acres see DENC509452 or as package deal with 726 Port Penn Rd see DENC509460. Contact listing agent for details.

Last Agent to Sell the Property

Michael Dutt

(302) 733-7079 mdutt@psre.com Patterson-Schwartz-Newark Listed on: 09/18/2020

Patterson-Schwartz-Newark

Last Buyer's Agent

Rick Anibal

(302) 547-6700 rickanibal@hotmail.com RE/MAX 1st Choice - Middletown License #RA-0020893

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $335

Lot Details

  • 3 Acre Lot
  • See land for 732 Port Penn

Utilities

  • Perc Approved Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-009.00-431

Property Details

Property Type

Land

Est. Annual Taxes

$335

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Visit this home virtually: http://www.vht.com/434104900/IDXS - 3 acres of land with perc approved LPP septic system. Can be purchased separate, with 732 Port Penn Rd which is 3 acres see DENC509452 or as package deal with 726 Port Penn Rd see DENC509460. Contact listing agent for details.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 1.15
  • Street Number Modifier: 720

Exterior Features

  • 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: Perc Approved Septic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: See land for 732 Port Penn
  • Land Lease: No
  • Lot Size Acres: 3.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130680.00
  • Zoning: S
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 6884472
  • Tax Annual Amount: 335.00
  • Assessor Parcel Number: 13-009.00-431
  • Tax Year: 2020
  • Close Date: 01/08/2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 8, 2021
Sold by
Madic Michael
Bought by
Meyers Jeffrey and Meyers Shannon
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Rick Anibal
RE/MAX 1st Choice - Middletown
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$558,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,165
Avg. Annual Appreciation
31.56%
Original Mortgage
$112,500
Outstanding Balance
$103,994
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$454,171

Purchase Details

Closed on
May 10, 1994
Bought by
Madic Michael
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
Meyers Jeffrey -- None Available
Madic Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Jeffrey $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $150,000 0.0% --
11/24/2020 11/24/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $150,000 0.0% --
10/17/2020 10/17/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $150,000 -- --
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 $3,982 $119,400 $18,000 $101,400
2023 $3,610 $119,400 $18,000 $101,400
2022 $333 $10,500 $10,500 $0
2021 $333 $10,500 $10,500 $0
2020 $335 $10,500 $10,500 $0
2019 $335 $10,500 $10,500 $0
2018 $328 $10,500 $10,500 $0
2017 -- $10,500 $10,500 $0
2016 -- $10,500 $10,500 $0
2015 -- $10,500 $10,500 $0
2014 -- $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC509454

Bright MLS

APN: 13-009.00-431