NOT LISTED FOR SALE

8870 Railroad Ave Lincoln, DE 19960

Lincoln Neighborhood

Estimated Value: $336,000 - $431,000

3 Beds
2 Baths
1,344 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $125,900 $94 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,980/month

Highlights

  • 2.75 Acre Lot
  • Attic
  • Breakfast Area or Nook
  • Rambler Architecture
  • No HOA
  • Central Air

About This Home

As of March 2018

Reduced, bring offers. Looking for land? This property offers 2.75 acres with large shed with electric. Home needs some work but presents a great opportunity and tons of potential. Bank owned and sold as is.

Last Agent to Sell the Property

Dana Byrd

(443) 994-3055 shorebyrds3@yahoo.com First Coast Realty LLC License #RS-0023832 Listed on: 11/14/2017

Last Buyer's Agent

Dawn Loeffler

(609) 972-1424 dloeffler1116@gmail.com First Coast Realty LLC License #5004001

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 2010

Lot Details

  • 2.75 Acre Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230-06.00-1.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$965

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Net Sq Ft: 1344.00
  • Price Per Sq Ft: 102.49
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 2.75
  • Lot Size Area: 3
  • Lot Size Units: Acres
  • Lot Sq Ft: 119790.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5138024
  • Assessor Parcel Number: 230-06.00-1.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Passwaters Frank
Bought by
Passwaters Frank
Current Estimated Value
$363,004

Purchase Details

Listed on
Nov 14, 2017
Closed on
Mar 16, 2018
Sold by
Fidelity Bank
Bought by
Passwaters Frank
Seller's Agent
Dana Byrd
First Coast Realty LLC
Buyer's Agent
Dawn Loeffler
First Coast Realty LLC
List Price
$145,000
Sold Price
$125,900
Premium/Discount to List
-$19,100
-13.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$126,400
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2017
Sold by
Fidelity Bank
Bought by
Fidelity Bank

Purchase Details

Closed on
Oct 4, 2010
Bought by
Sanchez Eva and Sanchez Eugenia Martinez-
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
Passwaters Frank -- --
Passwaters Frank $125,900 --
Fidelity Bank $127,000 None Available
Sanchez Eva $180,500 --
Sanchez Eva $180,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passwaters Frank $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $125,900 -8.6% $94 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
12/18/2017 12/18/17 Price Changed $137,750 -5.0% $102 / Sq Ft
11/14/2017 11/14/17 For Sale $145,000 -- $108 / 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
2025 $965 $16,500 $4,150 $12,350
2024 $884 $16,500 $4,150 $12,350
2023 $917 $16,500 $4,150 $12,350
2022 $904 $16,500 $4,150 $12,350
2021 $914 $16,500 $4,150 $12,350
2020 $917 $16,500 $4,150 $12,350
2019 $924 $16,500 $4,150 $12,350
2018 $929 $16,500 $0 $0
2017 $940 $16,500 $0 $0
2016 $1,019 $16,500 $0 $0
2015 $716 $16,500 $0 $0
2014 $692 $16,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Byrd

    Seller's Agent in 2018

    Dana Byrd

    First Coast Realty LLC

    (443) 994-3055

    3 in this area

    51 Total Sales

    Dana Byrd
    Section Image
  • Dawn Loeffler

    Buyer's Agent in 2018

    Dawn Loeffler

    First Coast Realty LLC

    (609) 972-1424

    77 Total Sales

    Dawn Loeffler
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001034534

Bright MLS

APN: 230-06.00-1.00

Delaware Sussex County Lincoln 19960 Lincoln

8870 Railroad Ave, Lincoln, DE

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